https://www.taxtmi.com/caselaws?id=307294 The Appellate Tribunal ITAT Cochin affirmed the entitlement of the assessee-Society to the deduction u/s. 80P(2)(a)(i) of the I.T. Act. The Tribunal upheld the eligibility of deduction for interest earned on investments made with sub-treasuries and bank deposits. The decision was based on legal precedents and statutory provisions, ensuring that the assessee received the appropriate tax benefits as per the law. The appeals filed by the Revenue were dismissed, and the decisions of the lower authorities were upheld. en-us Mon, 23 Jul 2018 00:00:00 +0530 Tue, 04 Apr 2023 20:58:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307294 The Appellate Tribunal ITAT Cochin affirmed the entitlement of the assessee-Society to the deduction u/s. 80P(2)(a)(i) of the I.T. Act. The Tribunal upheld the eligibility of deduction for interest earned on investments made with sub-treasuries and bank deposits. The decision was based on legal precedents and statutory provisions, ensuring that the assessee received the appropriate tax benefits as per the law. The appeals filed by the Revenue were dismissed, and the decisions of the lower authorities were upheld. Case-Laws Income Tax Mon, 23 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307294