https://www.taxtmi.com/caselaws?id=57477 The Tribunal dismissed the appeals, except for partially allowing Vysya Bank's appeal for the assessment year 1987-88 by restoring the disallowance under Rule 6D. The Tribunal validated the hybrid accounting system for sticky loans, upheld the bona fide nature of Vysya Bank's accounting method change, and confirmed decisions on various tax issues including share-issue expenses, entertainment expenditure, Section 80G deductions, underwriting commission, and brokerage, cash payments to employees, and penal interest paid to the RBI. en-us Mon, 31 Jan 1994 00:00:00 +0530 Fri, 10 Dec 2010 13:22:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57477 The Tribunal dismissed the appeals, except for partially allowing Vysya Bank's appeal for the assessment year 1987-88 by restoring the disallowance under Rule 6D. The Tribunal validated the hybrid accounting system for sticky loans, upheld the bona fide nature of Vysya Bank's accounting method change, and confirmed decisions on various tax issues including share-issue expenses, entertainment expenditure, Section 80G deductions, underwriting commission, and brokerage, cash payments to employees, and penal interest paid to the RBI. Case-Laws Income Tax Mon, 31 Jan 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57477