https://www.taxtmi.com/caselaws?id=179876 The Tribunal allowed the appeals for assessment years 2007-08 and 2008-09, directing the Assessing Officer to re-evaluate the deduction claim u/s 36(1)(viia) for a Cooperative Bank in light of the Supreme Court's interpretation in Catholic Syrian Bank Ltd. case, emphasizing the legislative intent to promote rural advances. The issue was remanded to the Assessing Officer for fresh adjudication, providing the assessee with an opportunity to present their case. en-us Mon, 05 Aug 2013 00:00:00 +0530 Fri, 11 Mar 2016 12:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179876 The Tribunal allowed the appeals for assessment years 2007-08 and 2008-09, directing the Assessing Officer to re-evaluate the deduction claim u/s 36(1)(viia) for a Cooperative Bank in light of the Supreme Court's interpretation in Catholic Syrian Bank Ltd. case, emphasizing the legislative intent to promote rural advances. The issue was remanded to the Assessing Officer for fresh adjudication, providing the assessee with an opportunity to present their case. Case-Laws Income Tax Mon, 05 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179876