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    <title>2017 (11) TMI 1851 - ITAT KOLKATA</title>
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    <description>The Appellate Tribunal dismissed the revenue&#039;s appeal against the CIT(A)&#039;s decision, upholding the treatment of interest income from nationalized banks for deduction under section 80-P of the Income-tax Act, 1961 in favor of the assessee, a primary employee co-operative credit society. The Tribunal found the CIT(A)&#039;s reliance on relevant case law to be appropriate and noted the revenue&#039;s failure to present new arguments. The decision was pronounced on 17th November 2017.</description>
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      <description>The Appellate Tribunal dismissed the revenue&#039;s appeal against the CIT(A)&#039;s decision, upholding the treatment of interest income from nationalized banks for deduction under section 80-P of the Income-tax Act, 1961 in favor of the assessee, a primary employee co-operative credit society. The Tribunal found the CIT(A)&#039;s reliance on relevant case law to be appropriate and noted the revenue&#039;s failure to present new arguments. The decision was pronounced on 17th November 2017.</description>
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