THE PRINCIPAL COMMISSIONER OF INCOME TAX, vs. VILAPPIL SERVICE CO-OPERATIVE BANK LTD.,
Appeals are allowed as indicated above
ITA/142/2019HC Kerala01 Nov 2021
Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE BASANT BALAJI
Section 260ASection 80P(2)Section 80P(2)(a)Section 80P(2)(d)
house
property chargeable under Section 22.
29. From the Tabular form presented above, it may be clear that the
deductions available under Clauses (a) to (c) are activity-based. The
deduction available under Clauses (d) and (e) are investment-based
ITA Nos.142 & 323/2019; 5/2020
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and the deduction under Clause (f) is institution-based. To put it
differently