| Court: | IN THE INCOME TAX APPELLATE TRIBUNAL “SMC” BENCH, MUMBAI |
| Head Notes: | The assessee has earned interest income to the tune of Rs. 4,85,800/- on FDR maintained with Saraswati Co-operative Bank and claimed the same as deduction u/s. 80P(2)(d) of the Act which was disallowed by the Authorities below by their respective orders. Admittedly identical issue has already been decided in favour of the then Assessees by the various Courts, including by the Hon’ble Co-ordinate bench of the Tribunal |
| Law: | Income-Tax Act |
| Section(s): | u/s 250 of the Income Tax Act, 1961 |
| Counsel(s): | Adv Bhavesh Mavji Gala and Devang Divecha |
| Dowload Pdf File | Click here to download the file in pdf format |
| Uploaded By | Adv Bhavesh Mavji gala |
| Date of upload: | December 19, 2025 |
important judgement thanks