https://www.taxtmi.com/caselaws?id=332738 The Appellate Tribunal allowed the Assessee-Bank's appeals, holding that provisions of Section 115JA were not applicable to banking companies. The Tribunal ruled in favor of the Assessee, allowing deductions and deleting adhoc expenses. Additionally, the Tribunal dismissed the Revenue's appeals concerning the computation of total income under normal provisions of the Act, as Section 115JB was deemed inapplicable to the Assessee-Bank. en-us Fri, 12 Aug 2016 00:00:00 +0530 Sat, 24 Sep 2016 09:22:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332738 The Appellate Tribunal allowed the Assessee-Bank's appeals, holding that provisions of Section 115JA were not applicable to banking companies. The Tribunal ruled in favor of the Assessee, allowing deductions and deleting adhoc expenses. Additionally, the Tribunal dismissed the Revenue's appeals concerning the computation of total income under normal provisions of the Act, as Section 115JB was deemed inapplicable to the Assessee-Bank. Case-Laws Income Tax Fri, 12 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332738