{"id":15006,"date":"2021-01-22T11:56:27","date_gmt":"2021-01-22T11:56:27","guid":{"rendered":"https:\/\/itatonline.org\/digest\/chitradurga-district-co-op-central-bank-ltd-v-dy-cit-2020-83-itr-81-sn-bang-trib\/"},"modified":"2021-01-22T11:56:27","modified_gmt":"2021-01-22T11:56:27","slug":"chitradurga-district-co-op-central-bank-ltd-v-dy-cit-2020-83-itr-81-sn-bang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/chitradurga-district-co-op-central-bank-ltd-v-dy-cit-2020-83-itr-81-sn-bang-trib\/","title":{"rendered":"Chitradurga District Co-Op. Central Bank Ltd. v. Dy. CIT (2020) 83 ITR 81 (SN) (Bang.)(Trib.)"},"content":{"rendered":"<p>Dismissing the\u00a0 appeal of the revenue\u00a0 the Tribunal held that the issue relating to addition of interest income accrued on non-performing assets was considered by the Tribunal in the assessee\u2019s own case for the assessment years 2009\u201310 and 2010\u201311 and decided in favour of the assessee following a binding decision of the Karnataka High Court. As a result, there was no infirmity in the Commissioner (Appeals) order. Followed, CIT v. Siddeshwar\u00a0(<a href=\"http:\/\/www.taxlawsonline.com\/%5b2016%5d%20388%20ITR%200588\">2016)\u00a0 388 ITR 588<\/a>\u00a0(Karn.)(HC) and CIT v. Canfin Homes Ltd. \u00a0<a href=\"http:\/\/www.taxlawsonline.com\/%5b2012%5d%20347%20ITR%200382\">(2012)\u00a0 347 ITR 382<\/a>\u00a0(Karn.)(HC).\u00a0 (AY.2012-13)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 145 : Method of accounting-Accrual of income-Interest-Non-performing assets-Deletion of addition is held to be justified. [S. 4 , 5]   <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-15006","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3U2","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=15006"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15006\/revisions"}],"predecessor-version":[{"id":15007,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/15006\/revisions\/15007"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=15006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=15006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=15006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}