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2013 (6) TMI 791 - AT - Income TaxWhether the interest on NPA is chargeable to tax - Held that Mere characterisation of an account as a NPA would not by itself be sufficient to say that there is uncertainty as regards realizability of income or interest income thereon - accrual of interest is a matter of fact, to be decided on the basis of examination of the status of each party - grounds raised by the assessee is allowed for statistical purpose disallowance of deduction u/s80P(2)(d)in respect of dividend income from co-op banks - Held that assessee is required to furnish the correct status of the bank to establish that the provisio of Section 80P(2)(d) of the Act are applicable on the assessee being a primary agriculture credit society or a rural development bank - allowed for statistical purpose
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