https://www.taxtmi.com/caselaws?id=304184 The ITAT ruled in favor of the assessee, allowing the deduction under section 80P on interest income and rejecting the AO's addition of interest as business income. The decision was based on precedent from earlier Tribunal orders and the lack of contrary evidence presented by the Revenue. en-us Fri, 24 May 2019 00:00:00 +0530 Mon, 12 Sep 2022 10:14:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304184 The ITAT ruled in favor of the assessee, allowing the deduction under section 80P on interest income and rejecting the AO's addition of interest as business income. The decision was based on precedent from earlier Tribunal orders and the lack of contrary evidence presented by the Revenue. Case-Laws Income Tax Fri, 24 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304184