2013 (7) TMI 624

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....he Respondent : Dilip Singh   ORDER We have heard Sri Shambhu Chopra, learned counsel for the income tax department and Sri Dilip Singh appears for the respondent. This Income Tax Appeal under section 260-A of the Income Tax Act,1961 arises out of judgment and order dated 19.5.2010 passed by the Income Tax Appellate Tribunal relating to the assessment year 2006-07. The revenue ....

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....ome Tax Vs. M/s District Co-operative Bank Ltd. decided on 7.11.2012. This Court after considering the entire Case Law on the subject held as follows : "The question as to whether the business is derived from or attributable to SLR or non-SLR funds would not make any difference for the purposes of qualifying the interest earned by the cooperative bank under Section 80P (2) (a) (i) as the dep....