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2014 (3) TMI 1167 - ITAT COCHINAdvances made to rural branches u/s 36(1)(viia) - definition of “Rural branch” for the purpose of arriving at deduction u/s. 36(1)(viia) - CIT(A) dismissed the appeals filed by the assessee - HELD THAT:- CIT(A) has followed the binding decision rendered by the Hon’ble Jurisdictional High Court of Kerala in the case of Lord Krishna Bank Ltd [2010 (10) TMI 860 - KERALA HIGH COURT]. Since both the tax authorities have followed the binding decision of the Hon’ble Jurisdictional High Court in the case of Lord Krishna Bank Ltd. (supra), we do not find any reason to interfere with the decision rendered by Ld. CIT(A). Appeals filed by the assessee are dismissed.
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