https://www.taxtmi.com/highlights?id=71436 Deduction u/s 36(1)(vii) - excess provision made in the accounts towards NPA - Tribunal was clearly in error in allowing the appeal preferred by the assessee through a mere application of a ratio in Vijaya Bank - the Tribunal ought to have ascertained whether the factual situation that was established in Vijaya Bank (Supra) existed in the instant case. - AO directed to re-do the assessment - HC en-us Fri, 11 Aug 2023 16:49:47 +0530 Fri, 11 Aug 2023 16:49:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=71436 Deduction u/s 36(1)(vii) - excess provision made in the accounts towards NPA - Tribunal was clearly in error in allowing the appeal preferred by the assessee through a mere application of a ratio in Vijaya Bank - the Tribunal ought to have ascertained whether the factual situation that was established in Vijaya Bank (Supra) existed in the instant case. - AO directed to re-do the assessment - HC Highlights Income Tax Fri, 11 Aug 2023 16:49:47 +0530 https://www.taxtmi.com/highlights?id=71436