https://www.taxtmi.com/caselaws?id=395511 The ITAT partially allowed the appeals, remitting them back to the CIT(A) for detailed reconsideration and speaking orders regarding the disallowance of deduction under section 80P(2)(d) for interest income from a cooperative bank. The Stay Petitions were dismissed as the main appeals were remitted for fresh consideration. The ITAT stressed the importance of thorough examination of claims, compliance with appellate directions, and the need for detailed and reasoned decisions in tax matters for justice and legality in assessments. en-us Tue, 19 May 2020 00:00:00 +0530 Tue, 26 May 2020 14:02:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395511 The ITAT partially allowed the appeals, remitting them back to the CIT(A) for detailed reconsideration and speaking orders regarding the disallowance of deduction under section 80P(2)(d) for interest income from a cooperative bank. The Stay Petitions were dismissed as the main appeals were remitted for fresh consideration. The ITAT stressed the importance of thorough examination of claims, compliance with appellate directions, and the need for detailed and reasoned decisions in tax matters for justice and legality in assessments. Case-Laws Income Tax Tue, 19 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395511