https://www.taxtmi.com/caselaws?id=279817 The Tribunal upheld the CIT(A)'s decision that the assessee, classified as a cooperative credit society, was eligible for deduction under Section 80P. It determined that the interest income from fixed deposits should be classified as 'Income from Other Sources'. However, issues regarding the classification of commission income, interest income from MSEB deposits, and verification of income from MSEB as per Form 26AS were remanded back to the Assessing Officer for further verification. The Revenue's appeal was dismissed, and the assessee's appeal was allowed for statistical purposes. en-us Fri, 17 Mar 2017 00:00:00 +0530 Mon, 08 Apr 2019 00:39:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279817 The Tribunal upheld the CIT(A)'s decision that the assessee, classified as a cooperative credit society, was eligible for deduction under Section 80P. It determined that the interest income from fixed deposits should be classified as 'Income from Other Sources'. However, issues regarding the classification of commission income, interest income from MSEB deposits, and verification of income from MSEB as per Form 26AS were remanded back to the Assessing Officer for further verification. The Revenue's appeal was dismissed, and the assessee's appeal was allowed for statistical purposes. Case-Laws Income Tax Fri, 17 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279817