Assessee qualifies for deduction u/s 80P(2)(a)(i) by investing profits in FDRs, not on Savings Account interest.

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....Eligibility for deduction u/s 80P - assessee to invest 25% of its profits in the reserve funds, which in turn, are parked in FDRs with Bank of Maharashtra - assessee is entitled to claim deduction under section 80P(2)(a)(i) - However, the assessee is not entitled to claim the said deduction on Saving Account interest - AT....