2014 (6) TMI 943

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..... ticularly after the insertion of Explanation 2, after the renumbered Explanation 1 to clause (viia) of subsection (1) of Section 36 by the Finance Act, 2013 with effect from 01st April, 2014? (b) Whether, on the facts and circumstances of the case and in law, the Tribunal was justified in deleting the addition on account of reversal of unrealized interest? (c) Whether, the reversal of intere .....

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..... Assessee which have been admitted by us because they raise a substantial question of law. Following the said order of admission we proceed to ADMIT these Appeals on the following substantial questions of law:( a) Whether, the Income Tax Appellate Tribunal was right in holding that the provisions of Section 36(1)(viia) of the Income Tax Act, 1961 do not apply to bad debts report of two advances .....

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