80P: Is House Property Income Qualify for deduction ?

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The assessee, a Co-operative Bank, filed its return declaring total income at Rs. Nil claiming deduction under section 80P for the entire amount of gross total income. The return was processed under section 143(1). Subsequently it was noted by the Assessing Officer that the assessee had received interest under section 244A amounting to Rs. 34,33,50,201…

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