Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Rule 6ABA Details Calculation of Aggregate Average Advances for Rural Branches Under Income Tax Act Section 36(1)(viia)</h1> For the purpose of clause (viia) of sub-section (1) of section 36 of the Income Tax Act, Rule 6ABA outlines the method to compute aggregate average advances by rural branches of a scheduled bank. This involves aggregating the outstanding advances made by each rural branch at the end of each month of the previous year, dividing this sum by the number of months considered, and then summing these results for all rural branches to determine the aggregate average advances. The terms 'rural branch' and 'scheduled bank' are defined as per the Explanation to clause (viia) of sub-section (1) of section 36.
TaxTMI 
TaxTMI 
