https://www.taxtmi.com/caselaws?id=356595 The Tribunal set aside the orders of the CIT(A) for Assessment Years 2012-13 and 2013-14, directing a fresh decision on the eligibility of interest and dividend income for deduction under Section 80P. The Tribunal emphasized the need for a detailed assessment to determine the source of deposits and eligibility for deductions, as lower authorities had not provided findings on crucial facts. The appeals were allowed for statistical purposes, highlighting the importance of factual analysis and adherence to legal precedents in assessing tax liabilities under the Income Tax Act. en-us Thu, 01 Mar 2018 00:00:00 +0530 Thu, 08 Mar 2018 07:04:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356595 The Tribunal set aside the orders of the CIT(A) for Assessment Years 2012-13 and 2013-14, directing a fresh decision on the eligibility of interest and dividend income for deduction under Section 80P. The Tribunal emphasized the need for a detailed assessment to determine the source of deposits and eligibility for deductions, as lower authorities had not provided findings on crucial facts. The appeals were allowed for statistical purposes, highlighting the importance of factual analysis and adherence to legal precedents in assessing tax liabilities under the Income Tax Act. Case-Laws Income Tax Thu, 01 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356595