Assistant Commissioner Of Income Tax ... vs Akola Urban Co-Oprative Bank Ltd , Akola on 25 October, 2024
5.2 It can be observed that while the appellant had sought the
allowability of its claim placing reliance upon the decision of Hon ITAT
Mumbai in the case of Bank of India, Mumbai vs. DCIT in ITA No.
2833/Mum. 2015 for AY 2009-10 vide order dated 08/11/2017, the AO
did not accept the contention of the appellant holding that there was no
mention of the treatment given to NPAs by Bank of India and whether
these NPAs were reverted back to bank after specific period.