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2022 (11) TMI 1405 - HC - Income TaxDeduction u/s 80P (ii) (d) - interest income receipts - HELD THAT:- Since it is admitted that the judgment of Mavilayi Service Co-operative Bank Ltd. and others [2021 (1) TMI 488 - SUPREME COURT] was not considered while finalizing the assessment which was subject matter of challenge and since the decision in Peroorkada [2021 (12) TMI 1084 - KERALA HIGH COURT] was not considered while denying the benefit of deduction under Section 80P (ii) (d), the assessment orders which are impugned are liable to be set aside and the matter remanded to the respective assessing authorities for reconsideration after taking into consideration of the judgments referred to above. Accordingly orders of assessment produced in all these writ petitions are quashed and the assessments are remanded to the National Faceless Assessment Centre for fresh consideration.
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