ACIT, CHITTORGARH vs. M/S.THE BANSWARA CENTRAL CO-OPERATIVE BANK LTD., BANSWARA
In the result, the appeal of the Revenue is dismissed
ITA 253/JODH/2016[2012-13]Status: DisposedITAT Jodhpur03 Nov 2022AY 2012-13
Bench: Shri B. R. Baskaran & Shri Sandeep Gosain
Section 36(1)(vii)Section 36(1)(viia)Section 40
36(1)(viia) and Rule 6ABA only lay down the method of computing the maximum amount that can be claimed as a provision for bad and doubtful debts. The ld. CIT(A) observed that since the actual claim made by the assessee in respect of bad and doubtful debts of rural branches is Rs.2,69,89,211/- and the same
