https://www.taxtmi.com/caselaws?id=182251 The Tribunal ruled in favor of the assessee regarding the deduction under section 80P(2)(c) of the I.T. Act, allowing the claimed deduction of Rs. 50,000. The Tribunal also upheld the deduction of interest and dividend under section 80P(2)(d). However, the application of Rule 8D read with section 14A was not explicitly addressed. The issue of deduction under section 80IB for the Cattle Feed Plant was remanded back to the A.O. for further examination, while the matter of deduction for Banas-II Dairy Unit was also remanded for additional review by the A.O. The Department's appeal was dismissed, partially allowing the assessee's appeal. en-us Fri, 26 Feb 2010 00:00:00 +0530 Fri, 06 May 2016 11:25:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182251 The Tribunal ruled in favor of the assessee regarding the deduction under section 80P(2)(c) of the I.T. Act, allowing the claimed deduction of Rs. 50,000. The Tribunal also upheld the deduction of interest and dividend under section 80P(2)(d). However, the application of Rule 8D read with section 14A was not explicitly addressed. The issue of deduction under section 80IB for the Cattle Feed Plant was remanded back to the A.O. for further examination, while the matter of deduction for Banas-II Dairy Unit was also remanded for additional review by the A.O. The Department's appeal was dismissed, partially allowing the assessee's appeal. Case-Laws Income Tax Fri, 26 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182251