SYNDICATE BANK vs. THE DEPUTY COMMISSIONER OF INCOME TAX
The appeal is allowed in
ITA/783/2018HC Karnataka18 Jun 2021
Bench: SATISH CHANDRA SHARMA,R. NATARAJ
Section 115JSection 260Section 260ASection 36Section 36(1)(viia)
Section 36(1)(viia)
of the Act to the amount of provision made in the books of
accounts.
7.
As regards the appellant’s contention that a
percentage of the total income should be deducted while
computing before setting off the loss brought forward, the
Tribunal rejected it in view of a decision of a Co-ordinate
Bench
