https://www.taxtmi.com/caselaws?id=372309 The Tribunal upheld the CIT(A)'s decision, allowing the deduction under section 80P(2)(a)(i) for interest income from Fixed Deposit Receipts (FDRs) with the Bank of Maharashtra but denying it for interest income from savings accounts. The appeals by the Revenue were partly allowed, affirming the CIT(A)'s order in favor of the assessee on the primary issue of deduction eligibility while addressing the specific amounts involved for the respective assessment years. en-us Tue, 18 Dec 2018 00:00:00 +0530 Thu, 20 Dec 2018 08:17:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372309 The Tribunal upheld the CIT(A)'s decision, allowing the deduction under section 80P(2)(a)(i) for interest income from Fixed Deposit Receipts (FDRs) with the Bank of Maharashtra but denying it for interest income from savings accounts. The appeals by the Revenue were partly allowed, affirming the CIT(A)'s order in favor of the assessee on the primary issue of deduction eligibility while addressing the specific amounts involved for the respective assessment years. Case-Laws Income Tax Tue, 18 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372309