https://www.taxtmi.com/caselaws?id=334647 The tribunal allowed the assessee's appeal regarding the addition of interest income on NPAs, ruling that it should be taxed only on a receipt basis. The tribunal also upheld the assessee's method of allocating deemed short-term capital gains and concluded that section 115JB did not apply to the assessee bank. Additionally, the tribunal allowed the provision for gratuity disallowance under section 43B and directed the granting of TDS credit. The appeal of the assessee was allowed, while the revenue's appeal was dismissed. en-us Fri, 14 Oct 2016 00:00:00 +0530 Thu, 17 Nov 2016 15:34:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334647 The tribunal allowed the assessee's appeal regarding the addition of interest income on NPAs, ruling that it should be taxed only on a receipt basis. The tribunal also upheld the assessee's method of allocating deemed short-term capital gains and concluded that section 115JB did not apply to the assessee bank. Additionally, the tribunal allowed the provision for gratuity disallowance under section 43B and directed the granting of TDS credit. The appeal of the assessee was allowed, while the revenue's appeal was dismissed. Case-Laws Income Tax Fri, 14 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334647