https://www.taxtmi.com/caselaws?id=283029 The Tribunal partly allowed the appeals, directing further examination by the Assessing Officer on specific issues. Decisions were based on previous rulings, allowing deductions for share issue expenses under Section 35D for banks, inclusion of income from foreign branches, disallowance under Section 14A, higher depreciation rate on ATMs, and deductions for broken period interest. However, deductions for non-rural debts under Section 36(1)(viia) were denied. The Tribunal emphasized consistency in applying legal principles to banking companies. en-us Fri, 11 Mar 2016 00:00:00 +0530 Wed, 04 Sep 2019 13:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283029 The Tribunal partly allowed the appeals, directing further examination by the Assessing Officer on specific issues. Decisions were based on previous rulings, allowing deductions for share issue expenses under Section 35D for banks, inclusion of income from foreign branches, disallowance under Section 14A, higher depreciation rate on ATMs, and deductions for broken period interest. However, deductions for non-rural debts under Section 36(1)(viia) were denied. The Tribunal emphasized consistency in applying legal principles to banking companies. Case-Laws Income Tax Fri, 11 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283029