The assessee submitted a revised computation offering interest from Nationalized banks under the head ‘Income from Other Sources’ instead of ‘Profits and gains from business’, and claimed proportionate administrative expenses under section 57. Assessing Officer rejected this revised computation and did not allow the expenditure claimed under section 57 and disallowed the entire deduction claimed by assessee under section 80P. CIT(A) upheld the order of the Assessing Officer. On appeal, the Tribunal held that the assessee should be allowed proportionate expenditure against interest income, subject to the assessee establishing a connection between incurring such expenditure and earning of interest income from banks, which is a specific requirement for the claim of such expenditure under section 57. The matter was remanded to the file of the Assessing Officer for verification.  (AY. 2018-19)