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2023 (10) TMI 88 - ITAT PUNE
Revision u/s 263 - Deduction u/s 80P(2)(a)(i) & deduction u/s 80P(2)(d) - HELD THAT:- We find that the solitary issue raised in the present appeal is covered by the decision of the co-ordinate bench for assessment year 2017-18 [2022 (12) TMI 355 - ITAT PUNE] wherein also it was the order passed u/s 263 of the Act read with issue of deduction u/s 80P(2)(a)(i) & or 80P(2)(d) of the Act to hold that the interest income earned on the investment of surplus money with banks is also eligible for exemption u/s. 80P(2)(a)(i). Thus order of revision passed by the Ld. PCIT u/s 263 of the Act cannot be sustained in the eyes of law - Decided in favour of assessee.