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2022 (12) TMI 528 - AT - Income TaxAccrual of income - interest derecognized on NPA - Assessee following mercantile system of accounting as per the provisions of section 145 - HELD THAT:- We find that CIT(A) while deleting the addition has noted that on identical facts in earlier years the issue has been decided in favour of the assessee and further for A.Y. 2004-05 to 2008-09 [2013 (1) TMI 368 - ITAT DELHI], the reference was made by the Department against the order of Tribunal but the reference was dismissed by Hon’ble High Court. Before us, Revenue has not placed any material on record to demonstrate that the decision of Hon’ble High Court and the decision of Tribunal in assessee’s own case has been stayed/set aside/overruled by higher judicial forum. We, therefore, find no reason to interfere with the order of CIT(A). Thus, the ground of the Revenue are dismissed.
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