https://www.taxtmi.com/caselaws?id=470830 Deductions for provisions for bad and doubtful debts on rural advances remain allowable where RBI-certified rural-branch data is unrebutted and the claimed amount falls within the permissible limit. No branch exceeding the relevant population threshold was identified during assessment or remand proceedings, so the disallowance was deleted. Interest on Kisan Credit Card loans qualifies for deduction relating to transfer to a special reserve because annual review does not alter the loans' character as long-term finance. The deduction remains subject to the applicable statutory ceiling, and the related disallowance was deleted. en-us Wed, 26 Mar 2025 00:00:00 +0530 Mon, 10 Aug 2026 21:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470830 Deductions for provisions for bad and doubtful debts on rural advances remain allowable where RBI-certified rural-branch data is unrebutted and the claimed amount falls within the permissible limit. No branch exceeding the relevant population threshold was identified during assessment or remand proceedings, so the disallowance was deleted. Interest on Kisan Credit Card loans qualifies for deduction relating to transfer to a special reserve because annual review does not alter the loans' character as long-term finance. The deduction remains subject to the applicable statutory ceiling, and the related disallowance was deleted. Case-Laws Income Tax Wed, 26 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470830