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    <title>2009 (5) TMI 610 - ITAT BANGALORE</title>
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    <description>The ITAT partly allowed the assessee-Bank&#039;s appeal, granting relief on the provision for depreciation on the transfer of securities from AFS to HTM and remitting the issue of recoveries from bad debts for further verification. The revenue&#039;s appeal was dismissed due to the lack of COD&#039;s permission, preventing adjudication on issues related to broken period interest, disallowance of interest under section 14A, share income from sponsored rural banks, and expenses for current category of investments.</description>
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    <pubDate>Fri, 29 May 2009 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=121391</link>
      <description>The ITAT partly allowed the assessee-Bank&#039;s appeal, granting relief on the provision for depreciation on the transfer of securities from AFS to HTM and remitting the issue of recoveries from bad debts for further verification. The revenue&#039;s appeal was dismissed due to the lack of COD&#039;s permission, preventing adjudication on issues related to broken period interest, disallowance of interest under section 14A, share income from sponsored rural banks, and expenses for current category of investments.</description>
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      <pubDate>Fri, 29 May 2009 00:00:00 +0530</pubDate>
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