https://www.taxtmi.com/caselaws?id=179046 The Appellate Tribunal ITAT Bangalore allowed the appeal of a co-operative bank for the assessment year 2007-08, despite a four-day delay in filing the appeal being condoned. The Tribunal directed the matter back to the AO for reconsideration of the deduction claimed under section 36(1)(viia) for bad and doubtful debts and advances made by rural branches. The Tribunal clarified that the judgment in Gotze (India) Ltd. did not restrict its powers and emphasized the need for a comprehensive review of the claim. The appeal was allowed for statistical purposes. en-us Mon, 16 Jul 2012 00:00:00 +0530 Thu, 15 Jun 2017 18:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179046 The Appellate Tribunal ITAT Bangalore allowed the appeal of a co-operative bank for the assessment year 2007-08, despite a four-day delay in filing the appeal being condoned. The Tribunal directed the matter back to the AO for reconsideration of the deduction claimed under section 36(1)(viia) for bad and doubtful debts and advances made by rural branches. The Tribunal clarified that the judgment in Gotze (India) Ltd. did not restrict its powers and emphasized the need for a comprehensive review of the claim. The appeal was allowed for statistical purposes. Case-Laws Income Tax Mon, 16 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179046