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M/S. Industrial Develop,Ment Bank Of ... vs The Dy Cit Rg 3(1), Mumbai on 2 January, 2020 cites

Commissioner Of Income Tax, New Delhi vs Oriental Fire & General Insurance Co. ... on 18 May, 2007

45. Aggrieved, Revenue is in appeal before us. After hearing the rival submissions and perusing the material on record, we find that the CIT(A) has allowed the appeal of assessee following the decision of Hon'ble Karnataka High Court in the case of CIT vs. Oriental Insurance Company Ltd. (2009) 183 Taxman 186 wherein it has been treated as in the nature of interest and hence admissible.
Supreme Court of India Cites 25 - Cited by 74 - S B Sinha - Full Document

Catholic Syrian Bank Ltd vs Commissioner Of Income Tax, Thrissur on 17 February, 2012

52. After hearing both the parties and perusing the material on record, we observe that the issue has cropped up following the decision of the Hon'ble Supreme Court in the case of Catholic Syrian Bank Ltd. (supra) that deduction under Section 36(1)(vii) and 36(1)(viia) of the Act are independent and assessee is entitled for both of them. Accordingly, we find merit in the legal contention of the assessee that assessee should be allowed deduction under Section 36(1)(viia) of the Act and are inclined to admit the additional ground raised by the assessee. However, the facts qua the said allowance needs to be examined at the level of the Assessing Officer as the Assessing Officer has not examined this issue in the assessment proceedings. Accordingly, we restore this issue back to the file of Assessing Officer to decide the same in terms of the Hon'ble Apex Court order. Thus, the additional ground raised by the assessee is admitted and allowed for statistical purposes.
Supreme Court of India Cites 25 - Cited by 285 - S Kumar - Full Document
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