or profession”, the decision of this Court in the case of Citi Bank NA3 will squarely 6 (2007) 289 ITR 6 : (2007) 15 SCC 611 7 (1960) 39 ITR 114 : 1960 SCC OnLine SC 193 Civil Appeal No.3291­3294 of 2009, etc. Page 8 of 45apply. It was submitted that in the case of many Banks, for several assessment years, the assessment officer allowed the deduction of interest for the broken period. Reliance was placed on a decision of this Court in the case of M/s. Radhasoami Satsang, Saomi Bagh, Agra v. Commissioner of Income Tax8. f. It was submitted that IndusInd Bank Ltd. is following a practice that interest accrued on a security but not due on the date of purchase of security is debited to the profit and loss account as expenditure and is claimed as such in return of income. The balance amount remaining after reducing the broken period interest is capitalised to the balance sheet covering the acquisition cost of such securities. It is submitted that the department has accepted the said