https://www.taxtmi.com/caselaws?id=793742 Banking tax treatment covers deductions for rural-branch provisions and special reserves, foreign-exchange forward-contract revaluation gains, CSR and trust-related expenditure, depreciation on specified assets and securities, exempt-income disallowance, interest on securities, and MAT. Rural-branch deductions may be computed using eligible advances and branch profits under the prescribed framework. ATMs are treated as computers for higher depreciation, unlike note-counting and electronic weighing machines. Interest disallowance requires examination of own funds and the character of SLR and non-SLR investments. Depreciation on HTM, HFT and AFS securities, timing of interest taxation when due, and non-applicability of MAT to banking companies follow settled banking-specific principles. Consistent precedent governs where facts and law remain unchanged. en-us Mon, 15 Jun 2026 00:00:00 +0530 Tue, 23 Jun 2026 08:08:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793742 Banking tax treatment covers deductions for rural-branch provisions and special reserves, foreign-exchange forward-contract revaluation gains, CSR and trust-related expenditure, depreciation on specified assets and securities, exempt-income disallowance, interest on securities, and MAT. Rural-branch deductions may be computed using eligible advances and branch profits under the prescribed framework. ATMs are treated as computers for higher depreciation, unlike note-counting and electronic weighing machines. Interest disallowance requires examination of own funds and the character of SLR and non-SLR investments. Depreciation on HTM, HFT and AFS securities, timing of interest taxation when due, and non-applicability of MAT to banking companies follow settled banking-specific principles. Consistent precedent governs where facts and law remain unchanged. Case-Laws Income Tax Mon, 15 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793742