2015 (6) TMI 1270

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....e Respondent : Shri. K. R. Rastogi, C.A. ORDER PER SUNIL KUMAR YADAV: This appeal is preferred by the Revenue against the order of the ld. CIT(A), inter alia, on the following grounds:- 1. That the order of the Commissioner of Income Tax ( Appeals) is erroneous in law and on facts in deleting the addition made by the Assessing Officer as interest earned from Banks, Post Office an....

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....er of the Tribunal dated 28.11.2014 in the cases of Income Tax Officer, Hardoi vs. Zila Ganna Utpadak Sahkari Samiti Ltd., Hardoi and Income Tax Officer, Hardoi vs. Sahkari Ganna Vikas Samiti Ltd., Hardoi in I.T.A. No. 737/LKW/2013 and I.T.A. No. 738/LKW/2013 respectively, in which the Tribunal has taken a view that deduction under section 80P of the Incometax Act, 1961 (hereinafter call....

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....anna Vikas Samiti Ltd., Hardoi (supra) and the ld. CIT (A) has followed the said orders while holding that deduction under section 80P of the Act is allowable to the assessee on the interest on FDRs from banks and post office. Copies of the orders of the Tribunal are placed on record. We have also been carried through another order of the Tribunal in the case of Income Tax Officer-II, Shahjahanpur....