https://www.taxtmi.com/caselaws?id=439704 The Tribunal quashed the order passed by the Principal Commissioner of Income Tax under section 263, ruling that the assessment was not erroneous. The assessee's appeal was allowed, confirming the deduction under section 80P(2)(d) for interest income earned from co-operative banks, as the banks were considered co-operative societies and not excluded under section 80P(4). en-us Wed, 28 Jun 2023 00:00:00 +0530 Fri, 30 Jun 2023 09:35:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439704 The Tribunal quashed the order passed by the Principal Commissioner of Income Tax under section 263, ruling that the assessment was not erroneous. The assessee's appeal was allowed, confirming the deduction under section 80P(2)(d) for interest income earned from co-operative banks, as the banks were considered co-operative societies and not excluded under section 80P(4). Case-Laws Income Tax Wed, 28 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439704