https://www.taxtmi.com/caselaws?id=186289 The appeal resulted in a partial allowance, with decisions made in favor of both the revenue and the assessee on different issues. The ITAT upheld the treatment of interest accrued on Government Securities as income on a due basis, dismissed the disallowance under section 14A, supported the deletion of disallowance under section 36(1)(viia), agreed on the treatment of loss from capital assets, deleted the disallowance of bad and doubtful debts, but rejected the claim of deduction under section 36(1)(viii) for a banking company. en-us Thu, 31 Jan 2008 00:00:00 +0530 Tue, 13 Sep 2016 16:16:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186289 The appeal resulted in a partial allowance, with decisions made in favor of both the revenue and the assessee on different issues. The ITAT upheld the treatment of interest accrued on Government Securities as income on a due basis, dismissed the disallowance under section 14A, supported the deletion of disallowance under section 36(1)(viia), agreed on the treatment of loss from capital assets, deleted the disallowance of bad and doubtful debts, but rejected the claim of deduction under section 36(1)(viii) for a banking company. Case-Laws Income Tax Thu, 31 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186289