https://www.taxtmi.com/caselaws?id=398448 The ITAT Bangalore addressed the assessee's appeal concerning the denial of deduction under section 80P of the Income Tax Act. The ITAT set aside the previous decisions and remanded the case for fresh consideration by the Ld.AO. The ITAT instructed the assessee to provide evidence, including an RBI certificate, to substantiate its claim. The Ld.AO was directed to reassess the eligibility for deduction under section 80P, allowing the assessee to present further evidence. The appeal was allowed for statistical purposes, pending a thorough reexamination. en-us Tue, 01 Sep 2020 00:00:00 +0530 Fri, 08 Nov 2024 12:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398448 The ITAT Bangalore addressed the assessee's appeal concerning the denial of deduction under section 80P of the Income Tax Act. The ITAT set aside the previous decisions and remanded the case for fresh consideration by the Ld.AO. The ITAT instructed the assessee to provide evidence, including an RBI certificate, to substantiate its claim. The Ld.AO was directed to reassess the eligibility for deduction under section 80P, allowing the assessee to present further evidence. The appeal was allowed for statistical purposes, pending a thorough reexamination. Case-Laws Income Tax Tue, 01 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398448