https://www.taxtmi.com/caselaws?id=785178 Deduction under section 80P(2)(a) concerning interest earned from co-operative banks was treated as finally settled by a higher-court decision in favour of the assessee, leading to direction that the assessing officer must allow the deduction and delete the corresponding addition. The tribunal recorded that the Supreme Courts ruling created finality on the issue, and accordingly set aside the assessment adjustment and allowed the grounds of appeal challenging the disallowance of the interest deduction. en-us Mon, 21 Jul 2025 00:00:00 +0530 Mon, 19 Jan 2026 07:37:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785178 Deduction under section 80P(2)(a) concerning interest earned from co-operative banks was treated as finally settled by a higher-court decision in favour of the assessee, leading to direction that the assessing officer must allow the deduction and delete the corresponding addition. The tribunal recorded that the Supreme Courts ruling created finality on the issue, and accordingly set aside the assessment adjustment and allowed the grounds of appeal challenging the disallowance of the interest deduction. Case-Laws Income Tax Mon, 21 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785178