https://www.taxtmi.com/caselaws?id=192129 The Tribunal ruled in favor of the Co-operative Bank, allowing provisions for standard assets, NPA, impaired assets, and investment depreciation reserve. The decision emphasized adherence to RBI guidelines and accounting standards for determining eligibility of deductions under the Income Tax Act. en-us Fri, 29 Nov 2013 00:00:00 +0530 Tue, 10 Jan 2023 11:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192129 The Tribunal ruled in favor of the Co-operative Bank, allowing provisions for standard assets, NPA, impaired assets, and investment depreciation reserve. The decision emphasized adherence to RBI guidelines and accounting standards for determining eligibility of deductions under the Income Tax Act. Case-Laws Income Tax Fri, 29 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192129