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2017 (9) TMI 1839 - AT - Income TaxDisallowance of Provision against Bank’s Debtors as the same has been made as per RBI guidelines - HELD THAT:- It is pointed out by the assessee that this is a Scheduled Bank. This fact is not rebutted by the Revenue by placing any contrary material on record. Therefore, respectfully following the decision of the Co-ordinate Bench M/S NAGAUR URBAN CO-OPERATIVE [2013 (11) TMI 1696 - ITAT JODHPUR] we hereby direct the AO to delete the disallowance. Thus, this ground of the assessee’s appeal is allowed.
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