https://www.taxtmi.com/caselaws?id=192894 The Tribunal allowed the assessee's deduction for gratuity payment, loss on valuation of mutual funds, and interest on non-performing assets (NPAs). However, the disallowance of provision for standard assets and claim under Section 36(1)(viia) was upheld. The additional deduction for salary arrears was remitted for reconsideration, while the Revenue's appeal on broken period interest and provision for staff frauds was dismissed. en-us Fri, 27 Jan 2017 00:00:00 +0530 Thu, 29 Jun 2017 12:50:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192894 The Tribunal allowed the assessee's deduction for gratuity payment, loss on valuation of mutual funds, and interest on non-performing assets (NPAs). However, the disallowance of provision for standard assets and claim under Section 36(1)(viia) was upheld. The additional deduction for salary arrears was remitted for reconsideration, while the Revenue's appeal on broken period interest and provision for staff frauds was dismissed. Case-Laws Income Tax Fri, 27 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192894