M/S CANARA BANK BSCA SECTION vs. THE ASST COMMISSIONER OF INCOME TAX CIRCLE-11(2)

Bench: N.KUMAR,RATHNAKALA

36(1)(viia) of the Act to the extent of the provision made by the appellant when the Section provides for the allowance not - 17 - exceeding 5% of the total income and not exceeding 10% of the rural advances made by the Bank?” Substantial Question of Law No.1 11. This court, in Maharashtra Apex Corporation Limited case [supra] held, when