https://www.taxtmi.com/caselaws?id=242223 For deduction under section 36(1)(viia), a co-operative bank was treated as falling within the statutory concept of a non-scheduled bank, and the ordinary meaning of "rural branch" was applied as a branch in a village with population not exceeding 10,000; the contrary contention was rejected. On provision for bad and doubtful debts, the allowance was linked to fresh net accretion during the year, but a blanket netting off of write-backs against new debits was not accepted without debt-wise factual verification. The matter on this issue required examination at assessment stage. en-us Wed, 08 May 2013 00:00:00 +0530 Mon, 13 Jan 2014 17:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242223 For deduction under section 36(1)(viia), a co-operative bank was treated as falling within the statutory concept of a non-scheduled bank, and the ordinary meaning of "rural branch" was applied as a branch in a village with population not exceeding 10,000; the contrary contention was rejected. On provision for bad and doubtful debts, the allowance was linked to fresh net accretion during the year, but a blanket netting off of write-backs against new debits was not accepted without debt-wise factual verification. The matter on this issue required examination at assessment stage. Case-Laws Income Tax Wed, 08 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242223