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2022 (12) TMI 1360 - AT - Income TaxDeduction u/s 80IA - income included under the head “other income’ - HELD THAT:- During the year, the assessee has received rent, interest on fixed deposits receipt, interest on income tax refund balances written back and further miscellaneous income - All these income have been considered by the co-ordinate Bench in assessee’s own case as income eligible for deduction u/s 80 IA of The Act. Therefore, respectfully following the decision of co-ordinate bench in assessee’s own case [2019 (1) TMI 458 - ITAT MUMBAI] we direct the learned Assessing Officer to consider the interest on IT refund for set off against interest expenditure and to grant deduction u/s 80IA on all other income included under the head “other income’ . Accordingly, ground of the appeal of the assessee is allowed.
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