THE MEHSANA URBAN CO. OPERATIVE BANK LTD.,MEHSANA vs. THE ACIT, MEHSANA CIRCLE , MEHSANA

In the result, the appeal of the assessee in ITANo

Bench: Smt.Annapurna Gupta & Shri Siddhartha Nautiyal

36(1)(viia) of Rs. 37,81,347/-“ 26. The above ground relates to the disallowance made of deduction claimed under section

M/S.HDB FINANCIAL SERVICES LTD.,,AHMEDABAD vs. THE PR. CIT-1 , AHMEDABAD

In the result, the appeal filed by the Assessee is hereby allowed

Bench: Shri Waseem Ahmed (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

disallowed and also as to why the first proviso of section 36(1)(vii) of the Act should not be applied in I.T.A No. 177/Ahd/2022 A.Y. 2017-18 Page No 3 M/s. HDB Financial Services Ltd. . vs. PCIT the case of the assessee although this case is covered u/s. 36(1)(viia

NUTAN NAGRIK SAHAKARI BANK LIMITED,AHMEDABAD vs. THE PR. CIT, AHMEDABAD-1, AHMEDABAD

In the result, the appeal of the assessee is partly allowed

36(1)(viia) of the Act restricting it to business income only,\nthereby allowing deduction of ₹94,96,346/- as against ₹1,59,95,136/-\noriginally claimed. He also directed the Assessing Officer to apply section\n14A read with Rule 8D and make appropriate disallowance

INTAS BIOPHARMACEUTICALS LTD.,,AHMEDABAD vs. THE DY.COMMISSIONER OF INCOME TAX,CIRCLE-2(1)(1),, AHMEDABAD

In the result, appeal preferred by the assessee is allowed in part

Bench: Ms. Suchitra Kamble, Judical Member & Shri Narendra Prasad Sinhaआयकर अपील सं./I.T.A. No. 865/Ahd/2016 (िनधा"रण वष" िनधा"रण वष" / Assessment Year : 2011-12) िनधा"रण वष" िनधा"रण वष" Intas The Dy. Commissioner Of बनाम बनाम/ बनाम बनाम Biopharmaceuticals Ltd. Income Tax Vs. Plot 423/P/A, Sarkhej Circle-2(1)(1), Ahmedabad Bavla Highway, Moraiya, Sanand, Ahmedabad, Gujarat, 382213 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aabci4722M (Appellant) .. (Respondent) Shri Bandish Soparkar & Shri Parin अपीलाथ" ओर से /Appellant By : Shah, Ars. ""यथ" क" ओर से/Respondent By : Dr. Darsi Suman Ratnam, Cit. Dr & Shri Ashish Rajesh Revar, Sr. Dr Date Of Hearing 24/07/2024 Date Of Pronouncement 07/08/2024 O R D E R Per Shri Narendra Prasad Sinha, Am: This Appeal Is Filed By The Assessee Against The Order Of The Commissioner Of Income-Tax (Appeals)-7, Ahmedabad (In Short ‘The Cit(A)’) Dated 20.01.2016 For The Assessment Year 2011-12. Ita No. 865/Ahd/2016 [Intas Biopharmaceuticals Ltd. Vs. Dcit] A.Y. 2011-12 - 2 –

viia) of the Act, which is applicable to banking companies, financial institutions, non-banking financial company etc. and the said provision is not applicable in the case of present assessee. Therefore, we have to examine the claim for deduction of the assessee in accordance with the provision of Section 36(1)(vii) of the Act. ITA No. 865/Ahd/2016 [Intas Biopharmaceuticals

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE 2(1)(1), VADODARA, RACE COURSE CIRCLE, VADODARA vs. THE BHARUCH DIST. CENTRAL CO-OP BANK LIMITED, BHARUCH

Bench: Shri Siddhartha Nautiyal & Shri Makarand V. Mahadeokar

disallowed the claim on the grounds that the 15% appropriation from profit, categorized as statutory Bad and Doubtful Debts Reserves, did not qualify as such in the assessee's books. The AO was of the view that the reserves debited to the Profit and Loss account exceeded the allowable provisions under Section 36(1)(viia

AXIS BANK LIMITED,AHMEDABAD vs. THE DY.CIT, CIRCLE-1 NOW CIRCLE-1(1)(1), AHMEDABAD

In the result appeal of the Revenue is partly allowed for statistical purposes

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedsl. Ita No(S) Asset. Appeal(S) By No(S) Year(S) Appellant Vs. Respondent Appellant Respondent 1. 311/Ahd/2016 2010-11 Axis Bank Limited, D.C.I.T., “Trishul”, 3Rd Floor, Circle-1(1)(1) Opp. Samtheshwar Ahmedabad. Mahadev Near Law Garden, Ellisbridge, Ahmedabad-380006. Pan: Aaacu2414K 2. 2176/Ahd/2016 2011-12 Axis Bank Limited, D.C.I.T., “Trishul”, 3Rd Floor, Circle-1(1)(1) Opp. Samtheshwar Ahmedabad. Mahadev Near Law Garden, Ellisbridge, Ahmedabad-380006. Pan: Aaacu2414K 3. 2173/Ahd/2016 2011-12 D.C.I.T., Axis Bank Limited, Circle-1(1)(1) Ahmedabad. Ahmedabad. Pan: Aaacu2414K 4. 165/Ahd/2017 2012-13 Axis Bank Limited, D.C.I.T., Ahmedabad. Circle-1(1)(1) Ahmedabad. Pan: Aaacu2414K 5. 287/Ahd/2017 2012-13 D.C.I.T., Axis Bank Limited, Circle-1(1)(1) Ahmedabad. Ahmedabad. Pan: Aaacu2414K 6-7 520 & 2013-14 Axis Bank Limited, D.C.I.T., 521/Ahd/2018 & Ahmedabad. Circle-1(1)(1) 2014-15 Ahmedabad. Pan: Aaacu2414K 8-9 604 & 605/ 2013-14 D.C.I.T., Axis Bank Limited, Ahd/2018 & Circle-1(1)(1) Ahmedabad. 2014-15 Ahmedabad. Pan: Aaacu2414K

disallowance be restricted to 1% to ITA nos.311/Ahd/2016 and 8 others Asstt. Years 2010-11 to 2014-15 29 2% of tax-free income of Rs. 16.25 crores as held by Hon. Mumbai ITAT/Mumbai HC in the peer bank's cases. 2.0 (a) Bank Guarantee (BG) commission income prorate relatable to unexpired period treated by the Bank as income received

THE DCIT, CIRCLE-1(1)(1),, VADODARA vs. M/S. GUJARAT INFRA PIPES PVT. LTD.,, VADODARA

In the result, the appeal filed by the Revenue is hereby dismissed

Bench: Shri Waseem Ahmed & Shri T.R. Senthil Kumar

36(1)(iii) of the Act and we hereby delete the same. In the result, Ground No.5 of the appeal is allowed. 9. In the result, the appeal filed by the assessee is partly allowed. 10. Now, we take up ITA No. 987/Ahd/2017 (Department’s appeal). The Grounds of Appeal raised by the Revenue are as follows: 1

GUJARAT INFRAPIPES PVT. LTD.,,VADODARA vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(1),, VADODARA

In the result, the appeal filed by the Revenue is hereby dismissed

Bench: Shri Waseem Ahmed & Shri T.R. Senthil Kumar

36(1)(iii) of the Act and we hereby delete the same. In the result, Ground No.5 of the appeal is allowed. 9. In the result, the appeal filed by the assessee is partly allowed. 10. Now, we take up ITA No. 987/Ahd/2017 (Department’s appeal). The Grounds of Appeal raised by the Revenue are as follows: 1

THE MODAS NAGARIK SAHAKARI BANK LTD.,ARVALLI vs. THE ACIT, CIRCLE-2(1)(1), AHMEDABAD

Appeal of the assessee is treated as allowed for statistical purposes

Bench: Shri Sanjay Garg & Annapurna Guptaआयकर अपील सं /Ita No.1573/Ahd/2025 िनधा"रण वष" /Assessment Year : 2018-19 The Modasa Nagarik Sahakari The Acit बनाम/ Bank Ltd. Circle-2(1)(1) V/S. Sutharwada, Nr.Nagar Palika Anandnagar-Prahladnagar Po: Modasa – 383 315 Ahmedabad-380 015 Dist. Aravalli (S.K.) "थायी लेखा सं./Pan: Aaaat 0525 G (अपीलाथ(/ Appellant) ()* यथ(/ Respondent) Assessee By : Shri Dhinal Shah, Ar Revenue By : Shri Rohit Aasudani, Sr.Dr सुनवाई की तारीख/Date Of Hearing : 21/01/2026 घोषणा की तारीख /Date Of Pronouncement: 28/01/2026 आदेश/O R D E R Per Sanjay Garg:

1)(viia) of the Act. 7. The Ld. AO has made the impugned disallowance by holding that the assessee has not made the provisions of the said expenditure in its books of accounts, whereas, the case of the assessee is that it has duly made the provisions of the said expenditure in its books of accounts. The AO is directed