Clarification of 'Activity' u/s 80P(2)(a)(i) of Income Tax Act: Investment and Renting Income Eligible for Deductions.

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....Deduction u/s 80P(2)(a)(i) - It also appears that, though the word 'activity' is not defined, yet the investment activity, activity of renting of immovable property, etc., and the consequent income attributable to such activities would be covered under section 80P(2)(c). - AT....