https://www.taxtmi.com/caselaws?id=302258 Section 36(1)(viia) deduction depends on whether a branch is located in a village or rural area, rather than merely within a ward or service area. For this purpose, a co-operative bank falls within the category of a non-scheduled bank. A fresh provision for bad and doubtful debts is not automatically reduced by a write-back of an earlier provision because they may arise from distinct factual considerations. However, where an opening provision for the same asset is fully reversed and replaced with an enhanced provision, deduction requires verification of the net accretion. The rural-branch position favours the Revenue, while fresh-provision treatment permits limited relief subject to assessment-stage verification. en-us Fri, 23 Mar 2012 00:00:00 +0530 Thu, 12 May 2022 12:37:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302258 Section 36(1)(viia) deduction depends on whether a branch is located in a village or rural area, rather than merely within a ward or service area. For this purpose, a co-operative bank falls within the category of a non-scheduled bank. A fresh provision for bad and doubtful debts is not automatically reduced by a write-back of an earlier provision because they may arise from distinct factual considerations. However, where an opening provision for the same asset is fully reversed and replaced with an enhanced provision, deduction requires verification of the net accretion. The rural-branch position favours the Revenue, while fresh-provision treatment permits limited relief subject to assessment-stage verification. Case-Laws Income Tax Fri, 23 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302258