Held that while calculating average aggregate advances of rural branches not only fresh advances made during year , but also amount of advance outstanding are to be considered . ( AY. 2016-17 , 2017-18 )
Canara Bank v. DCIT (2024) 204 ITD 358 ( Bang )(Trib)
S. 36(1)(viia) :Bad debt-Provision for bad and doubtful debts – Banks -Schedule bank –Average advances of rural branches – Advances outstanding as well as fresh advances are to be considered .