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![Interest Income from Investment in KDCC Bank is not Eligible for Deduction u/s 80 P(2)(a)(i) of Income Tax Act: ITAT remits to AO for Fresh Consideration [Read Order] Interest Income from Investment in KDCC Bank is not Eligible for Deduction u/s 80 P(2)(a)(i) of Income Tax Act: ITAT remits to AO for Fresh Consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-bangalore-investment-in-kdcc-bank-interest-income-from-kdcc-bank-remand-to-assessing-officer-taxscan.jpg)
Interest Income from Investment in KDCC Bank is not Eligible for Deduction u/s 80 P(2)(a)(i) of Income Tax Act: ITAT remits to AO for Fresh Consideration [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that interest income from investment in Karnataka District Central...


![AO cannot Pass Final Assessment Order without Passing Draft as Prescribed u/s 144C (1) of Income Tax Act: ITAT quashes Order [Read Order] AO cannot Pass Final Assessment Order without Passing Draft as Prescribed u/s 144C (1) of Income Tax Act: ITAT quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/AO-Pass-Final-Assessment-Order-Prescribed-us-144C-1-of-Income-Tax-Act-ITAT-Order-TAXSCAN.jpg)
![No addition u/s 41(1) of Income Tax Act on ground of Expiration of Limitation Period Alone: ITAT deletes Addition [Read Order] No addition u/s 41(1) of Income Tax Act on ground of Expiration of Limitation Period Alone: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/No-addition-Income-Tax-Act-Expiration-of-Limitation-Period-Alone-ITAT-taxscan.jpg)