https://www.taxtmi.com/caselaws?id=778814 Deduction under section 80P(2)(d) on interest income depended on verification of the source and character of the receipts, because the record did not contain complete particulars of the banks or the nature of the income. The Tribunal required the Assessing Officer to examine whether the interest arose from co-operative societies or co-operative banks and to verify whether it had been returned as business income or income from other sources. The matter was restored for fresh verification and decision in accordance with law, with the appeal disposed of for statistical purposes. en-us Tue, 21 Jan 2025 00:00:00 +0530 Tue, 23 Sep 2025 08:29:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778814 Deduction under section 80P(2)(d) on interest income depended on verification of the source and character of the receipts, because the record did not contain complete particulars of the banks or the nature of the income. The Tribunal required the Assessing Officer to examine whether the interest arose from co-operative societies or co-operative banks and to verify whether it had been returned as business income or income from other sources. The matter was restored for fresh verification and decision in accordance with law, with the appeal disposed of for statistical purposes. Case-Laws Income Tax Tue, 21 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778814