https://www.taxtmi.com/caselaws?id=185895 In the assessment year 2007-08, the Revenue's appeal challenging the deletion of an addition on premium paid on Government securities was dismissed by the Tribunal, which considered it as revenue expenditure related to the bank's regular business activity. The assessee's appeal seeking deduction of provisions for cadre staff salary under section 43B was allowed by the Tribunal based on precedents, deeming it as an allowable expenditure. In the assessment year 1994-95, the Tribunal determined that the order under section 154 was appealable and decided to disallow interest only for the period of delay caused by the assessee, partially allowing the assessee's appeal for statistical purposes. en-us Wed, 19 Oct 2011 00:00:00 +0530 Thu, 01 Sep 2016 18:49:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185895 In the assessment year 2007-08, the Revenue's appeal challenging the deletion of an addition on premium paid on Government securities was dismissed by the Tribunal, which considered it as revenue expenditure related to the bank's regular business activity. The assessee's appeal seeking deduction of provisions for cadre staff salary under section 43B was allowed by the Tribunal based on precedents, deeming it as an allowable expenditure. In the assessment year 1994-95, the Tribunal determined that the order under section 154 was appealable and decided to disallow interest only for the period of delay caused by the assessee, partially allowing the assessee's appeal for statistical purposes. Case-Laws Income Tax Wed, 19 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185895