https://www.taxtmi.com/highlights?id=58264 Deduction u/s 80P - Denying Section 80P deduction on parking of surplus funds in private banks and the interest received from the LIC deposits involving varying sums - We find no merit in the assessee's stand since their lordships said decision applies in an instance of section 80P deduction on interest income derived from nationalised banks only. - AT en-us Sat, 05 Jun 2021 15:07:06 +0530 Sat, 05 Jun 2021 15:07:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58264 Deduction u/s 80P - Denying Section 80P deduction on parking of surplus funds in private banks and the interest received from the LIC deposits involving varying sums - We find no merit in the assessee's stand since their lordships said decision applies in an instance of section 80P deduction on interest income derived from nationalised banks only. - AT Highlights Income Tax Sat, 05 Jun 2021 15:07:06 +0530 https://www.taxtmi.com/highlights?id=58264