https://www.taxtmi.com/caselaws?id=382135 The ITAT Cochin partially allowed the Revenue's appeal, remitting both issues back to the Assessing Officer for fresh consideration in accordance with the directions provided in the judgment. The primary issue was regarding the eligibility of the assessee for deduction under section 80P(2)(a)(i) of the Act, while the second issue focused on the eligibility of interest income earned by the appellant from other Banks and Treasury for deduction under the same section. The ITAT directed the Assessing Officer to reevaluate the grant of deduction under section 80P(2)(a)(i) for both assessment years. en-us Tue, 18 Jun 2019 00:00:00 +0530 Wed, 26 Jun 2019 07:36:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382135 The ITAT Cochin partially allowed the Revenue's appeal, remitting both issues back to the Assessing Officer for fresh consideration in accordance with the directions provided in the judgment. The primary issue was regarding the eligibility of the assessee for deduction under section 80P(2)(a)(i) of the Act, while the second issue focused on the eligibility of interest income earned by the appellant from other Banks and Treasury for deduction under the same section. The ITAT directed the Assessing Officer to reevaluate the grant of deduction under section 80P(2)(a)(i) for both assessment years. Case-Laws Income Tax Tue, 18 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382135