https://www.taxtmi.com/caselaws?id=367451 The appeals were allowed for statistical purposes, with the case remanded for fresh consideration on the eligibility for deductions under section 80P(2)(a) of the Income-tax Act. The Tribunal found lack of specific reasoning for denial by the Assessing Officer and CIT(A) regarding trade income and income from CAMPCO, directing the assessee to provide evidence supporting the claim for deduction. Additionally, the issue of insurance commission for specific assessment years was remitted to the Assessing Officer for reconsideration, as no discussion was found for disallowing the deduction under section 80P(2). en-us Mon, 23 Jul 2018 00:00:00 +0530 Fri, 21 Sep 2018 08:21:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367451 The appeals were allowed for statistical purposes, with the case remanded for fresh consideration on the eligibility for deductions under section 80P(2)(a) of the Income-tax Act. The Tribunal found lack of specific reasoning for denial by the Assessing Officer and CIT(A) regarding trade income and income from CAMPCO, directing the assessee to provide evidence supporting the claim for deduction. Additionally, the issue of insurance commission for specific assessment years was remitted to the Assessing Officer for reconsideration, as no discussion was found for disallowing the deduction under section 80P(2). Case-Laws Income Tax Mon, 23 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367451