Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2019 (5) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (5) TMI 1958 - AT - Income TaxDeduction u/s 80P - allowability of deduction on the interest income earned by the assessee - HELD THAT:- As no distinguishing feature in the facts of the present case or that of earlier years been pointed out by Revenue. Further Revenue has also not placed any material to demonstrate that the order of Tribunal in assessee’s own case in earlier years have been set aside / stayed or overruled by Higher Judicial Forum. In view of the aforesaid facts, we following the order of the Co-ordinate Bench of the Tribunal in assessee’s own case for earlier years [2018 (4) TMI 1931 - ITAT PUNE] and for similar reason hold that assessee is eligible for deduction u/s 80P of the Act on the interest earned by the assessee. Appeal of assessee is allowed.
|