1990 (8) TMI 49

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..... ies on the business, inter alia, of development financing. It gives a number of development loans to institutions which may be sick. Since 1974-75, it has adopted the cash system of accounting for interest on sticky loans and advances. The Tribunal has found, on examination of facts, that the deletion of interest accrued on loans, treated as doubtful loans was justified. In a rectification applica .....

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