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2016 (5) TMI 620 - AT - Income TaxDisallowance of deduction u/s.36(1)(viia) - Held that:- Considering the activities of the bank and the provision of NPA and provisions of Bad debts, the judicial decisions and claim u/s.36(1)(viia) of the Act the assessee claim of Bad debts in the books of accounts and Finance bill 2013, we are of the opinion the matter needs to be re-examined in the light of the decision of Catholic Syrian Bank (2012 (2) TMI 262 - SUPREME COURT OF INDIA ) and supporting judicial decisions. So, we remit the issue to the file of the Assessing Officer to verify the claim of the assessee and compliance of the conditions stipulated u/s.36(1)(viia) of the Act
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