https://www.taxtmi.com/caselaws?id=255315 The Tribunal partly allowed the co-operative bank's appeal, directing the deletion of the addition of Rs. 7,68,22,858/- on account of overdue/NPA interest based on previous rulings. The Tribunal dismissed the addition of Rs. 54,38,535/- for interest on agricultural credit stabilization fund and upheld the restriction of deduction under section 36(1)(viia) to Rs. 15,37,76,000/- in line with actual provisions made. Other grounds raised by the bank were dismissed, and the Assessing Officer was directed to give consequential effect regarding interest charged under section 234B. en-us Tue, 30 Dec 2014 00:00:00 +0530 Tue, 13 Jan 2015 13:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255315 The Tribunal partly allowed the co-operative bank's appeal, directing the deletion of the addition of Rs. 7,68,22,858/- on account of overdue/NPA interest based on previous rulings. The Tribunal dismissed the addition of Rs. 54,38,535/- for interest on agricultural credit stabilization fund and upheld the restriction of deduction under section 36(1)(viia) to Rs. 15,37,76,000/- in line with actual provisions made. Other grounds raised by the bank were dismissed, and the Assessing Officer was directed to give consequential effect regarding interest charged under section 234B. Case-Laws Income Tax Tue, 30 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255315