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2018 (4) TMI 523 - HC - Income TaxBroken period interest allowability - Held that:- This issue stands concluded against the Revenue and in favour of the respondent-assessee by the decision of this Court in Principal Commissioner of Income- Tax-2 V/s. M/s. HDFC Bank Ltd. [2018 (4) TMI 455 - BOMBAY HIGH COURT]. Claim for deduction under Section 36(1)(viia) - Held that:- The impugned order rejected the Revenue's grievance by holding that, withdrawing the claim under Section 36(1)(viia) of the Act and making an additional claim of bad debt under Section 36(vii) of the Act by letter dated 13th August, 2012 had subsequently been withdrawn during the course of assessment proceedings. Thus, it held that withdrawal of the letter dated 13th August, 2012 would consequently result in the same being not taken cognizance of in assessing the respondent-assessee. Thus question proposed does not arise from the impugned order of the Tribunal.
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