Home › Income-Tax Act › CIT v. Vijay Bank ( 2021 ) 126 taxmann.com 166 ( Karn) (HC) Editorial: SLP granted to the revenue , CIT v. Vijay Bank ( 2021 ) 280 Taxman 235/ 126 taxmann.com 167 ( SC) CIT v. Vijay Bank ( 2021 ) 126 taxmann.com 166 ( Karn) (HC) Editorial: SLP granted to the revenue , CIT v. Vijay Bank ( 2021 ) 280 Taxman 235/ 126 taxmann.com 167 ( SC)

CIT v. Vijay Bank ( 2021 ) 126 taxmann.com 166 ( Karn) (HC) Editorial: SLP granted to the revenue , CIT v. Vijay Bank ( 2021 ) 280 Taxman 235/ 126 taxmann.com 167 ( SC) CIT v. Vijay Bank ( 2021 ) 126 taxmann.com 166 ( Karn) (HC) Editorial: SLP granted to the revenue , CIT v. Vijay Bank ( 2021 ) 280 Taxman 235/ 126 taxmann.com 167 ( SC)

S. 115JB : Book profit – Banking companies – Provisions are not applicable to banking companies [ Banking Regulation Act, 1939 ]

Dismissing the appeal of the revenue the Court held that  the Tribunal is right in law holding that  the provisions of S.115JB of the Act  are not applicable to  banking companies .