https://www.taxtmi.com/caselaws?id=426358 The tribunal allowed the assessee's appeals for deduction under various sections of the Income Tax Act, directing the AO to permit the deductions and conduct verifications accordingly. The tribunal held that interest income on bank deposits, income from paddy procurement business, TDS on commission, profit from PDS business, and dividend income were eligible for deduction under relevant provisions. The tribunal set aside the CIT(A)'s order and remanded the issues with specific directions for consideration, applying the decision mutatis mutandis to related appeals. en-us Thu, 04 Aug 2022 00:00:00 +0530 Tue, 16 Aug 2022 09:03:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426358 The tribunal allowed the assessee's appeals for deduction under various sections of the Income Tax Act, directing the AO to permit the deductions and conduct verifications accordingly. The tribunal held that interest income on bank deposits, income from paddy procurement business, TDS on commission, profit from PDS business, and dividend income were eligible for deduction under relevant provisions. The tribunal set aside the CIT(A)'s order and remanded the issues with specific directions for consideration, applying the decision mutatis mutandis to related appeals. Case-Laws Income Tax Thu, 04 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426358