https://www.taxtmi.com/caselaws?id=300725 The Tribunal upheld the disallowance of interest income on staff advances and interest earned on fixed deposits and savings bank accounts under Section 80P of the Income Tax Act. The decision was based on the precedent set by the Apex Court and the lack of evidence provided by the assessee to support their arguments. en-us Wed, 23 Oct 2019 00:00:00 +0530 Tue, 22 Feb 2022 07:21:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300725 The Tribunal upheld the disallowance of interest income on staff advances and interest earned on fixed deposits and savings bank accounts under Section 80P of the Income Tax Act. The decision was based on the precedent set by the Apex Court and the lack of evidence provided by the assessee to support their arguments. Case-Laws Income Tax Wed, 23 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300725