https://www.taxtmi.com/caselaws?id=257329 The Tribunal dismissed the appeal regarding the disallowance under Section 40(a)(ia) of the Act. However, the appeal was allowed in part concerning the addition of Rs. 40,71,516 to the income of the assessee and the treatment of subsidy received from the Central Government. The Tribunal directed the Assessing Officer to allow exemption under Section 80P(2)(d) of the Act on the gross interest income. en-us Fri, 20 Feb 2015 00:00:00 +0530 Tue, 10 Mar 2015 06:04:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257329 The Tribunal dismissed the appeal regarding the disallowance under Section 40(a)(ia) of the Act. However, the appeal was allowed in part concerning the addition of Rs. 40,71,516 to the income of the assessee and the treatment of subsidy received from the Central Government. The Tribunal directed the Assessing Officer to allow exemption under Section 80P(2)(d) of the Act on the gross interest income. Case-Laws Income Tax Fri, 20 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257329