Sponsored
    Follow Us:

Case Law Details

Case Name : CIT Vs Davangere District Central Co-Operative Bank Limited (Karnataka High Court)
Related Assessment Year : 2007-08
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

CIT Vs Davangere District Central Co-Operative Bank Limited (Karnataka High Court)

The issue under consideration is whether Tribunal is right in deleting the interest accrued on non performing assets from the computation of taxable income for the assessment year under consideration despite the assessee maintaining mercantile system of accounting?

High Court states that in the course of assessment proceedings, it was noticed that assessee had debited provision for non perfo

Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
April 2025
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
282930