https://www.taxtmi.com/caselaws?id=420621 The Tribunal allowed the appeal, finding that the assessing officer's order was not erroneous, and quashed the Principal Commissioner's order under section 263 of the Income Tax Act. The Tribunal relied on legal precedents and a Co-ordinate Bench's decision to support the eligibility of interest income from a Co-operative Bank for deduction under section 80P(2)(d). The appeal was successful, and the Principal Commissioner's order disallowing the deduction was set aside. en-us Thu, 31 Mar 2022 00:00:00 +0530 Wed, 06 Apr 2022 09:09:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420621 The Tribunal allowed the appeal, finding that the assessing officer's order was not erroneous, and quashed the Principal Commissioner's order under section 263 of the Income Tax Act. The Tribunal relied on legal precedents and a Co-ordinate Bench's decision to support the eligibility of interest income from a Co-operative Bank for deduction under section 80P(2)(d). The appeal was successful, and the Principal Commissioner's order disallowing the deduction was set aside. Case-Laws Income Tax Thu, 31 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420621