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2016 (3) TMI 275 - ITAT VISAKHAPATNAMAdditions towards interest on NPA - Held that:- Interest on NPA, whose recovery is doubtful and which was not recovered by the assessee bank, but has been kept in a suspense account and has not been credited into the Profit & loss account, cannot be included in the income of the assessee for the year under consideration. The CIT(A), rightly deleted the additions made by the A.O. towards interest on NPAs. There is no error or infirmity in the order passed by the CIT(A). Therefore, we direct the A.O. to delete the additions towards interest on NPA. - Decided in favour of assessee.
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