https://www.taxtmi.com/caselaws?id=447078 Section 80P(2)(d) deduction for interest and dividend income from investments required a fresh factual determination of whether the recipient institutions were co-operative banks or co-operative societies, because section 80P(4) may exclude co-operative banks from the benefit. The existing record did not contain clear findings on the foundational status of the recipient entities, so the issue could not be finally decided. The matter was remanded to the first appellate authority for re-examination of the relevant facts and for a reasonable opportunity to be given to the assessee. en-us Thu, 12 Oct 2023 00:00:00 +0530 Mon, 18 Dec 2023 09:06:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447078 Section 80P(2)(d) deduction for interest and dividend income from investments required a fresh factual determination of whether the recipient institutions were co-operative banks or co-operative societies, because section 80P(4) may exclude co-operative banks from the benefit. The existing record did not contain clear findings on the foundational status of the recipient entities, so the issue could not be finally decided. The matter was remanded to the first appellate authority for re-examination of the relevant facts and for a reasonable opportunity to be given to the assessee. Case-Laws Income Tax Thu, 12 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447078