https://www.taxtmi.com/caselaws?id=416522 The appeal regarding the deduction under section 80P(2)(a)(i) of the Income Tax Act on interest income was allowed for statistical purposes. The assessing officer's disallowance was questioned by the assessee, who raised additional grounds challenging the decision. The Tribunal directed the assessing officer to verify if the deduction was claimed, and if not, the disallowance should not apply. As the appeal was allowed for statistical purposes based on the admission of additional grounds, other merit-based grounds raised by the assessee were not addressed. The order was pronounced on 24/12/2021. en-us Fri, 24 Dec 2021 00:00:00 +0530 Fri, 31 Dec 2021 08:53:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416522 The appeal regarding the deduction under section 80P(2)(a)(i) of the Income Tax Act on interest income was allowed for statistical purposes. The assessing officer's disallowance was questioned by the assessee, who raised additional grounds challenging the decision. The Tribunal directed the assessing officer to verify if the deduction was claimed, and if not, the disallowance should not apply. As the appeal was allowed for statistical purposes based on the admission of additional grounds, other merit-based grounds raised by the assessee were not addressed. The order was pronounced on 24/12/2021. Case-Laws Income Tax Fri, 24 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416522