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2005 (7) TMI 33 - HC - Income Tax
"Whether, on the facts and circumstances of the case, the Income-tax Appellate Tribunal was right in allowing deduction under section 80P(2)(a)(i) of the Income-tax Act, 1961, on interest income as being attributable to the business of banking?" - question requires to be answered in the affirmative. The Tribunal was right in allowing deductions under section 80P(2)(a)(i) of the Act on interest income as being attributable to the business of banking