Income Tax Authorities Affirm Respondent Bank's Status as Scheduled Bank, Allowing Bad Debt Deduction u/s 36(1)(viia)(a.

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....Bad debts - CIT(A) and Tribunal concurrently held that the respondent bank would also be a scheduled bank and consequently allowed the bad debts u/s 36(1)(viia)(a) of the Act. Such being the position, we find no error in the view.....