https://www.taxtmi.com/caselaws?id=328457 The Tribunal partly allowed the appellant's appeal, focusing on the denial of deduction under section 80P of the Income Tax Act. The Tribunal overturned the CIT(A)'s decision, allowing the deduction for interest income, considering it as income from the business of banking. The issues regarding the provision for Gratuity Fund and alleged stock valuation were not extensively discussed in the judgment. en-us Wed, 11 May 2016 00:00:00 +0530 Tue, 31 May 2016 16:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328457 The Tribunal partly allowed the appellant's appeal, focusing on the denial of deduction under section 80P of the Income Tax Act. The Tribunal overturned the CIT(A)'s decision, allowing the deduction for interest income, considering it as income from the business of banking. The issues regarding the provision for Gratuity Fund and alleged stock valuation were not extensively discussed in the judgment. Case-Laws Income Tax Wed, 11 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328457