https://www.taxtmi.com/caselaws?id=305343 The Tribunal condoned the delay in filing the Revenue's appeal due to the Covid-19 pandemic and admitted it for adjudication. It upheld the Assessee's deductions under section 80P(2) of the Income Tax Act related to interest income from cooperative banks and charges from video and still photography. The Tribunal clarified that income from cooperative banks qualifies for deduction under section 80P(2) and that charges from video and still photography are also eligible for the same deduction, dismissing the Revenue's appeal. en-us Fri, 27 May 2022 00:00:00 +0530 Wed, 30 Nov 2022 05:17:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305343 The Tribunal condoned the delay in filing the Revenue's appeal due to the Covid-19 pandemic and admitted it for adjudication. It upheld the Assessee's deductions under section 80P(2) of the Income Tax Act related to interest income from cooperative banks and charges from video and still photography. The Tribunal clarified that income from cooperative banks qualifies for deduction under section 80P(2) and that charges from video and still photography are also eligible for the same deduction, dismissing the Revenue's appeal. Case-Laws Income Tax Fri, 27 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305343