Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2016 (6) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2016 (6) TMI 1124 - AT - Income TaxDisallowance of deduction u/s 80P(2)(a)(i) - Held that:- The assessee is eligible for deduction u/s 80P(2)(a)(i), which is allowed. Consequently, such income cannot be held as income from other sources. In view of the foregoing, we decide this ground in favour of the assessee for all assessment years under consideration. See TUMKUR MERCHANTS SOUHARDA CREDIT COOPERATIVE LIMITED Versus THE INCOME TAX OFFICER, WARD-1, TUMKUR [2015 (2) TMI 995 - KARNATAKA HIGH COURT ]
|