https://www.taxtmi.com/caselaws?id=376705 The appeal involved the dispute over adding interest on Non-Performing Assets (NPA) under the mercantile system of accounting by a cooperative bank. The assessing officer added the interest amount to the total income under section 43D, but the CIT(A) deleted the addition based on consistent tribunal views and Bombay High Court rulings. The decision relied heavily on previous tribunal decisions and upheld the deletion of the addition, leading to the dismissal of the Revenue's appeal and affirming the CIT(A)'s decision to cancel the addition of Rs. 2,17,08,000. en-us Wed, 23 Jan 2019 00:00:00 +0530 Fri, 15 Mar 2019 08:26:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376705 The appeal involved the dispute over adding interest on Non-Performing Assets (NPA) under the mercantile system of accounting by a cooperative bank. The assessing officer added the interest amount to the total income under section 43D, but the CIT(A) deleted the addition based on consistent tribunal views and Bombay High Court rulings. The decision relied heavily on previous tribunal decisions and upheld the deletion of the addition, leading to the dismissal of the Revenue's appeal and affirming the CIT(A)'s decision to cancel the addition of Rs. 2,17,08,000. Case-Laws Income Tax Wed, 23 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376705