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2019 (1) TMI 741 - AT - Income TaxGrant of deduction u/s 80P(2)(d) - assessee has not claimed any deduction in the computation of income - Held that:- The assessee has not placed on record copy of computation of income. Though, the assessee is possessing acknowledgement which was produced before us, but from this acknowledgement, complete details of the income computed by the assessee for the purpose of taxation are not discernible. Therefore, we deem it appropriate to set aside the issue to the file of the AO for verification. AO shall examine computation of income and if it reveals that no deduction under section 80P(2)(d) qua this interest income is claimed by the assessee, then there could not be any disallowance because that will amount to double disallowance. Once the assessee has not claimed; twice the AO himself has carved out this amount and made addition. In case if such deduction is not claimed in computation of income, then no disallowance be made to the total income of the assessee. The AO shall decide the issue in accordance with law. - Appeal of the assessee is allowed for statistical purpose.
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