https://www.taxtmi.com/caselaws?id=394814 The appeal filed by the assessee was allowed for statistical purposes, and the matter was remanded to the Assessing Officer to re-examine the eligibility for deduction under section 80P(2) in light of the Full Bench decision of the Kerala High Court. The Assessing Officer was also directed to assess the interest income from investments with banks and treasuries as 'income from business' and determine the eligibility for deduction under section 80P(2)(d) based on the available facts. en-us Mon, 20 Apr 2020 00:00:00 +0530 Sat, 25 Apr 2020 12:35:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394814 The appeal filed by the assessee was allowed for statistical purposes, and the matter was remanded to the Assessing Officer to re-examine the eligibility for deduction under section 80P(2) in light of the Full Bench decision of the Kerala High Court. The Assessing Officer was also directed to assess the interest income from investments with banks and treasuries as 'income from business' and determine the eligibility for deduction under section 80P(2)(d) based on the available facts. Case-Laws Income Tax Mon, 20 Apr 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394814