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2015 (5) TMI 610 - AT - Income TaxInterest on Non Performing Assets u/s.43D - CIT(A) deleted the addition - whether assessee being a non scheduled bank could not take the benefit of section 43D? - Held that:- In view of the ratio laid down in ACIT Vs. Osmanabad Janta Sah. Bank Ltd. (2015 (3) TMI 886 - ITAT PUNE) and in ACIT vs. The Omerga Janta Sahakari Bank Ltd. (2014 (12) TMI 355 - ITAT PUNE ) we uphold the order of CIT(A) in holding that the interest on NPAs is not taxable in the hands of the assessee for the captioned assessment year. - Decided in favour of assesse.
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