https://www.taxtmi.com/acts?id=53328 Rule 22 prescribes the method for computing the aggregate average advances of the rural branches of a scheduled bank for the purpose of deduction for provision of bad and doubtful debt under section 31(1), Table Sl. No. 1. The calculation is based on month-end outstanding advances for each rural branch, which are aggregated, divided by the number of months considered, and then combined across all rural branches. The expressions "rural branch" and "scheduled bank" are given the meanings assigned in the relevant definitional provisions. en-us Fri, 20 Mar 2026 17:40:32 +0530 Mon, 06 Apr 2026 12:08:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53328 Rule 22 prescribes the method for computing the aggregate average advances of the rural branches of a scheduled bank for the purpose of deduction for provision of bad and doubtful debt under section 31(1), Table Sl. No. 1. The calculation is based on month-end outstanding advances for each rural branch, which are aggregated, divided by the number of months considered, and then combined across all rural branches. The expressions "rural branch" and "scheduled bank" are given the meanings assigned in the relevant definitional provisions. Act-Rules Income Tax Fri, 20 Mar 2026 17:40:32 +0530 https://www.taxtmi.com/acts?id=53328