https://www.taxtmi.com/caselaws?id=436770 The Tribunal allowed the assessee's appeal, holding that the assessee is entitled to deduction under Section 80P(2)(d) for interest received from co-operative banks. The Tribunal distinguished previous Supreme Court rulings and directed the Assessing Officer to allow the deduction for the interest income. The issue of levy of interest under Sections 234B and 234C was deemed consequential and did not require specific adjudication. en-us Fri, 24 Feb 2023 00:00:00 +0530 Wed, 19 Apr 2023 16:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436770 The Tribunal allowed the assessee's appeal, holding that the assessee is entitled to deduction under Section 80P(2)(d) for interest received from co-operative banks. The Tribunal distinguished previous Supreme Court rulings and directed the Assessing Officer to allow the deduction for the interest income. The issue of levy of interest under Sections 234B and 234C was deemed consequential and did not require specific adjudication. Case-Laws Income Tax Fri, 24 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436770