https://www.taxtmi.com/caselaws?id=457993 The ITAT PUNE held that the assessee was entitled to deduction under Section 80P(2)(d) for interest income from cooperative banks and nationalized banks. The tribunal ruled that the AO had taken a permissible view while allowing the deduction, and the Pr. CIT erred in exercising revisional jurisdiction under Section 263 to disturb this assessment. The decision favored the assessee, following the precedent established in a recent tribunal case involving similar facts and legal issues. en-us Tue, 14 May 2024 00:00:00 +0530 Tue, 01 Oct 2024 20:17:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457993 The ITAT PUNE held that the assessee was entitled to deduction under Section 80P(2)(d) for interest income from cooperative banks and nationalized banks. The tribunal ruled that the AO had taken a permissible view while allowing the deduction, and the Pr. CIT erred in exercising revisional jurisdiction under Section 263 to disturb this assessment. The decision favored the assessee, following the precedent established in a recent tribunal case involving similar facts and legal issues. Case-Laws Income Tax Tue, 14 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457993