explained in Clause (i) of the Explanation. Clause (b) of the section speaks of amount equal to the average head office expenditure and the expression ... such possibility which is spelt out in Clause (b) is the average of head office expenses allowed in the years
than the amount of
interest included in 601,45,709
clause (i)
B = the average of value of investment
Page ... than the amount of
interest included in 601,45,709
clause (i)
B = the average of value of investment
(Non current investment in Equity
under:
Particulars
Disallowance under clause(i) 18,254
Demat Charges
Disallowance under Clause (ii)
Disallowance under Clause (iii)
Average Value of Investments
loss, the amount under Clause (a) shall be computed at the rate of five per cent of the average adjusted total income of the assessee ... average adjusted total income as against of 'adjusted total income' in a case the latter is a loss (sic). The average adjusted total
debts, in case of special class of
banks mentioned in clause (viia), deductions subject to fulfilment of certain conditions is
available in respect ... assessee computed before making any deduction under this clause and not exceeding
prescribed percentage of aggregate average advance made by the rural branches of such
amount Of interest included in clause
(i)]incurred during the previous year in the ratio of the average
value of investment, income from which does ... average of the total assets
of the assessee'.
• 'The third component is an artificial figure-0.5% of the average
value of the investment
other than amount of interest included
in clause (i) incurred during the previous year. 36052715
B the average of value of investment, income
from which
this regard it is mentioned
that in the proposed proforma, the clause (i) takes care of
it. As per the working submitted by the appellant ... amount of interest included
in clause (i) incurred during the previous year;
B = the monthly weighted average of value of
investment, income from which does
broker
associated with the sponsor, purchase or sell securities, which is
average of 5% or more of the aggregate purchases and sale of securities
made ... broker [other than a broker referred to in clause (a) of sub-
regulation (7)] which is average of 5% or more of the aggregate
purchases
other than the amount of interest included in 0 0
clause (i)
B = the average of value of investment (Non
current investment in Equity Instruments
