https://www.taxtmi.com/caselaws?id=770684 The ITAT Mumbai allowed the assessee's claim for deduction under sections 80P(2)(c) and 80P(2)(d) for commission income and other income. The CIT(A) verified that commission income from MSEDCL bill collection and locker rent charges were legitimate services to members, with expenses directly attributable to income. The tribunal also deleted additions related to cash deposits during demonetization, finding the assessee established that cash collected and deposited was pursuant to government mandate and MSEDCL agreement. Decision favored the assessee against revenue. en-us Wed, 30 Apr 2025 00:00:00 +0530 Thu, 15 May 2025 07:32:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770684 The ITAT Mumbai allowed the assessee's claim for deduction under sections 80P(2)(c) and 80P(2)(d) for commission income and other income. The CIT(A) verified that commission income from MSEDCL bill collection and locker rent charges were legitimate services to members, with expenses directly attributable to income. The tribunal also deleted additions related to cash deposits during demonetization, finding the assessee established that cash collected and deposited was pursuant to government mandate and MSEDCL agreement. Decision favored the assessee against revenue. Case-Laws Income Tax Wed, 30 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770684