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2020 (2) TMI 1324 - AT - Income TaxDeduction u/s 80P - interest income from fixed deposit and other income - HELD THAT:- As decided in M/S. THE JAYANAGAR CO-OPERATIVE SOCIETY LTD.[2019 (7) TMI 1219 - ITAT BANGALORE] the matter was restored back to the file of AO by the Tribunal for a fresh decision after examining the facts in the light of the judgment of Hon’ble Apex Court in the case of The Totgars Co-operative Sales Society Ltd. [2010 (2) TMI 3 - SUPREME COURT] and of Hon’ble Karnataka High Court in the case of Tumukur Merchants Souharda Co-operative Ltd. [2015 (2) TMI 995 - KARNATAKA HIGH COURT].Respectfully following this Tribunal order, in the present case also, we restore the matter back to the file of AO for fresh decision - Appeals of the assessee are allowed for statistical purposes.
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