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2020 (5) TMI 544 - AT - Income TaxDeduction u/s 80P(2)(d) - Interest income received from Thiruvananthapuram District Cooperative Bank Ltd. - plea of the assessee is that the assessee is entitled for deduction u/s. 80P(2) and 80P(2)(a)(i) if the assessee is not granted deduction u/s. 80P(2)(d) - HELD THAT:- As seen from the order of the CIT(A), the CIT(A) has given very cryptic findings and not addressed the above grounds. Hence, we remit this issue to the file of the CIT(A) for fresh consideration by passing a speaking order. Accordingly, the grounds of appeal of the assessee are partly allowed for statistical purposes. Deduction u/s 80P(2)(d) on the interest income received from Thiruvananthapuram District Cooperative Bank Ltd - According to the Ld. AR, this alternative claim of the assessee is to be examined by the CIT(A) by passing a speaking order - HELD THAT:- As seen from the order of the CIT(A), the CIT(A) has given very cryptic findings and not addressed the above grounds. Hence, we remit this issue to the file of the CIT(A) for fresh consideration by passing a speaking order. Accordingly, the grounds of appeal of the assessee are partly allowed for statistical purposes.
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