https://www.taxtmi.com/caselaws?id=286826 The Tribunal allowed the assessee's appeal, holding that interest expenditure should not be attributed to interest income on FDRs, allowing deduction under Section 80P. The Tribunal dismissed the Revenue's appeal, confirming eligibility for deduction under Section 80P(2)(d) for income from investments with Jaipur Central Cooperative Bank. Additionally, the Tribunal dismissed the Revenue's appeal, allowing deduction for contributions made to 'Sparsh Trust' under Section 37(1) as business expenditure. The final order favored the assessee, with the Tribunal pronouncing the decision on 30/09/2019. en-us Mon, 30 Sep 2019 00:00:00 +0530 Tue, 17 Mar 2020 10:15:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286826 The Tribunal allowed the assessee's appeal, holding that interest expenditure should not be attributed to interest income on FDRs, allowing deduction under Section 80P. The Tribunal dismissed the Revenue's appeal, confirming eligibility for deduction under Section 80P(2)(d) for income from investments with Jaipur Central Cooperative Bank. Additionally, the Tribunal dismissed the Revenue's appeal, allowing deduction for contributions made to 'Sparsh Trust' under Section 37(1) as business expenditure. The final order favored the assessee, with the Tribunal pronouncing the decision on 30/09/2019. Case-Laws Income Tax Mon, 30 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286826