https://www.taxtmi.com/caselaws?id=341693 The court allowed the writ petitions, setting aside the Assessing Officer's orders that treated the interest income as not eligible for deduction under Section 80P(2)(a). The court held that the petitioners were entitled to the deductions claimed, as the interest income was attributable to their business activities. The miscellaneous petitions, if any, pending in these writ petitions were closed, with no costs awarded. en-us Wed, 15 Mar 2017 00:00:00 +0530 Wed, 13 May 2026 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341693 The court allowed the writ petitions, setting aside the Assessing Officer's orders that treated the interest income as not eligible for deduction under Section 80P(2)(a). The court held that the petitioners were entitled to the deductions claimed, as the interest income was attributable to their business activities. The miscellaneous petitions, if any, pending in these writ petitions were closed, with no costs awarded. Case-Laws Income Tax Wed, 15 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341693