Deduction from the income of banks and institutions.

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Full Text of the Document

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.... sick units are unable to pay due to unsound financial condition will be eligible for deduction from the income of such banks and institutions. 2. In the case which came up for consideration before the Board the borrower was an undertaking set up almost entirely with public fund. The undertaking ran into financial difficulties and was unable to pay interest accrued on the loans advanced by the na....