https://www.taxtmi.com/caselaws?id=450422 The Tribunal condoned a 98-day delay in the assessee's appeal, finding the explanation reasonable. It overturned the disallowance of the deduction claimed under Section 80P(2)(a)(i) of the Income Tax Act for interest income from Andhra Bank deposits. The Tribunal, referencing precedents from the jurisdictional High Court and similar cases, allowed the deduction, quashing the CIT(A)-NFAC's order. en-us Thu, 29 Feb 2024 00:00:00 +0530 Mon, 04 Mar 2024 13:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450422 The Tribunal condoned a 98-day delay in the assessee's appeal, finding the explanation reasonable. It overturned the disallowance of the deduction claimed under Section 80P(2)(a)(i) of the Income Tax Act for interest income from Andhra Bank deposits. The Tribunal, referencing precedents from the jurisdictional High Court and similar cases, allowed the deduction, quashing the CIT(A)-NFAC's order. Case-Laws Income Tax Thu, 29 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450422