https://www.taxtmi.com/caselaws?id=375808 The Tribunal allowed the appeal, reversing the decision of the CIT(A) and directing the deduction u/s.80P to be granted for interest income earned on Fixed Deposits with Nationalized Banks. The Tribunal relied on a previous order by the Pune Bench and the decision of the Hon'ble Karnataka High Court, as there was no direct judgment from the jurisdictional High Court. The consistent view taken by the Pune Bench and similar orders supported the decision in favor of the assessee, leading to the allowance of the appeal on 22nd February 2019. en-us Fri, 22 Feb 2019 00:00:00 +0530 Tue, 26 Feb 2019 07:22:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375808 The Tribunal allowed the appeal, reversing the decision of the CIT(A) and directing the deduction u/s.80P to be granted for interest income earned on Fixed Deposits with Nationalized Banks. The Tribunal relied on a previous order by the Pune Bench and the decision of the Hon'ble Karnataka High Court, as there was no direct judgment from the jurisdictional High Court. The consistent view taken by the Pune Bench and similar orders supported the decision in favor of the assessee, leading to the allowance of the appeal on 22nd February 2019. Case-Laws Income Tax Fri, 22 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375808