Dismissing the appeal of the revenue the Court held that in the absence of any doubt as to the status of the assessee as a State financial corporation and in the face of the statutory scheme allowing it to account for recovery of interest on bad debts on cash basis, primarily, there was no error in the order of the Tribunal allowing the benefit to the assessee to account for interest of bad debts on cash basis.(AY. 2001-02, 2003-04)