https://www.taxtmi.com/caselaws?id=435660 The appeal was filed against an order by the Ld. CIT(A) at NFAC, Delhi for A.Y. 2018-19. The main issues were the validity of the assessment order under sections 143(3), 143(3A), and 143(3B), and the disallowance of interest income from Cooperative Banks. The court found that the Assessing Officer did not provide sufficient justification for disallowing the deduction under Section 80P, and the CIT(A) failed to recognize the eligibility of the assessee, a Cooperative Society, for the deduction under Section 80P(2)(d). Consequently, the appeal was allowed in favor of the assessee. en-us Wed, 22 Mar 2023 00:00:00 +0530 Fri, 24 Mar 2023 09:40:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435660 The appeal was filed against an order by the Ld. CIT(A) at NFAC, Delhi for A.Y. 2018-19. The main issues were the validity of the assessment order under sections 143(3), 143(3A), and 143(3B), and the disallowance of interest income from Cooperative Banks. The court found that the Assessing Officer did not provide sufficient justification for disallowing the deduction under Section 80P, and the CIT(A) failed to recognize the eligibility of the assessee, a Cooperative Society, for the deduction under Section 80P(2)(d). Consequently, the appeal was allowed in favor of the assessee. Case-Laws Income Tax Wed, 22 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435660