https://www.taxtmi.com/caselaws?id=795141 Interest on non-performing assets of a co-operative bank is recognised on receipt basis where RBI directions require that treatment and the bank consistently follows it; the extension of Section 43D treatment to co-operative banks is described as curative and retrospective. Provisions for non-performing assets qualify for deduction under Section 36(1)(viia) where the claims are within the computed eligible amounts and supporting factual findings remain uncontroverted. Deduction under Section 80P(2)(c)(ii) is also described as available to a co-operative society, including a co-operative bank, consistent with earlier-year treatment. en-us Tue, 14 Jul 2026 00:00:00 +0530 Fri, 17 Jul 2026 08:37:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795141 Interest on non-performing assets of a co-operative bank is recognised on receipt basis where RBI directions require that treatment and the bank consistently follows it; the extension of Section 43D treatment to co-operative banks is described as curative and retrospective. Provisions for non-performing assets qualify for deduction under Section 36(1)(viia) where the claims are within the computed eligible amounts and supporting factual findings remain uncontroverted. Deduction under Section 80P(2)(c)(ii) is also described as available to a co-operative society, including a co-operative bank, consistent with earlier-year treatment. Case-Laws Income Tax Tue, 14 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795141