https://www.taxtmi.com/caselaws?id=393475 The ITAT dismissed the appeal, ruling that interest income from deposits with commercial and co-operative banks does not qualify for deductions under Sections 80P(2)(a)(i) and 80P(2)(d). However, the ITAT allowed the claim for pro rata expenses related to interest income from commercial banks, subject to verification by the assessing officer. The appeal was partly allowed for statistical purposes. en-us Thu, 30 Jan 2020 00:00:00 +0530 Tue, 17 Mar 2020 10:15:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393475 The ITAT dismissed the appeal, ruling that interest income from deposits with commercial and co-operative banks does not qualify for deductions under Sections 80P(2)(a)(i) and 80P(2)(d). However, the ITAT allowed the claim for pro rata expenses related to interest income from commercial banks, subject to verification by the assessing officer. The appeal was partly allowed for statistical purposes. Case-Laws Income Tax Thu, 30 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393475