https://www.taxtmi.com/caselaws?id=272938 The ITAT Hyderabad allowed the assessee's appeal, holding that all income from banking business, including interest earned on deposits, qualifies for deduction under S.80P(2)(a)(i) of the Income Tax Act, 1961. The decision was influenced by judicial precedents, emphasizing the importance of interpreting statutory provisions broadly and following established case law. en-us Fri, 04 Mar 2016 00:00:00 +0530 Sat, 26 May 2018 07:18:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272938 The ITAT Hyderabad allowed the assessee's appeal, holding that all income from banking business, including interest earned on deposits, qualifies for deduction under S.80P(2)(a)(i) of the Income Tax Act, 1961. The decision was influenced by judicial precedents, emphasizing the importance of interpreting statutory provisions broadly and following established case law. Case-Laws Income Tax Fri, 04 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272938