“Section 2(72)”

Section References (mined)Section 2Section 2(72)2 judgments

THE NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE 3(2)(1), MUMBAI, AAYAKAR BHAWAN

In the result, the appeals of the assessee for AY 2018-19 and AY 2019-20\nare allowed

ITA 2481/MUM/2024[2019-20]Status: DisposedITAT Mumbai26 Aug 2024AY 2019-20

For Appellant: Shri J.D. Mistry, Sr. Adv. &For Respondent: \nShri S. Srinivasu, CIT-DR

Section 143(3)Section 263Section 36(1)(vii)Section 36(1)(viia)

taken a plea that\nthe assessee company is a public financial institution in terms of section 4A of\nthe companies Act, 1956(now section 2(72)) of the companies act, 2013 as per\nthe notification dated 17.4.2002 and has stated that the RBI's master circular\ndated 1.7.2015 on \"Prudential

THE NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT,MUMBAI vs. THE DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE 3(2)(1), MUMBAI, MUMBAI

In the result, the appeals of the assessee for AY 2018-19 and AY 2019-20

ITA 2480/MUM/2024[2018-19]Status: DisposedITAT Mumbai26 Aug 2024AY 2018-19

Bench: Ms Padmavathy S, Am & Shri Sunil Kumar Singh, Jm

For Respondent: Shri S. Srinivasu, CIT-DR

Section 143(3)Section 263Section 36(1)(vii)Section 36(1)(viia)

taken a plea that the assessee company is a public financial institution in terms of section 4A of the companies Act, 1956(now section 2(72)) of the companies act, 2013 as per the notification dated 17.4.2002 and has stated that the RBI's master circular dated 1.7.2015 on "Prudential