https://www.taxtmi.com/caselaws?id=305061 The appeals by the assessee for assessment years 2011-12 to 2014-15 were allowed, while the appeals by the Revenue for assessment years 2011-12 to 2013-14 were dismissed. The appeal by the Revenue for assessment year 2014-15 was partly allowed for statistical purposes. The Tribunal ruled in favor of the assessee on various grounds including disallowance under section 14A and deductions for bad debts written off, special reserves, and rural branches. The applicability of section 115JB to the banking company was also clarified, leading to the dismissal of the Revenue's grounds. en-us Fri, 27 Nov 2020 00:00:00 +0530 Mon, 14 Nov 2022 21:32:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305061 The appeals by the assessee for assessment years 2011-12 to 2014-15 were allowed, while the appeals by the Revenue for assessment years 2011-12 to 2013-14 were dismissed. The appeal by the Revenue for assessment year 2014-15 was partly allowed for statistical purposes. The Tribunal ruled in favor of the assessee on various grounds including disallowance under section 14A and deductions for bad debts written off, special reserves, and rural branches. The applicability of section 115JB to the banking company was also clarified, leading to the dismissal of the Revenue's grounds. Case-Laws Income Tax Fri, 27 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305061