ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, JAMMU vs. MESERS JAMMU & KASHMIR BANK LIMITED , SRINAGAR

In the result, the ground No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

3. The grounds in ITA No. 329/Asr/2018 of the assessee is as follows: “1) That the Ld. CIT(A) Jammu has confirmed the action of the Ld AO with regard to disallowance of deduction claimed by I.T.A. No. 790/Asr/2017 5 & Others appeals the appellant Bank u/s 36(i)(viia) of the Act, in respect of Bari Brahmna Branch by respectfully

THE DY. COMMISSIONER INCOME-TAX, JAMMU vs. M/S. THE JAMMU & KASHMIR BANK LTD,, SRINAGAR

In the result, the ground No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

3. The grounds in ITA No. 329/Asr/2018 of the assessee is as follows: “1) That the Ld. CIT(A) Jammu has confirmed the action of the Ld AO with regard to disallowance of deduction claimed by I.T.A. No. 790/Asr/2017 5 & Others appeals the appellant Bank u/s 36(i)(viia) of the Act, in respect of Bari Brahmna Branch by respectfully

THE JAMMU AND KASHMIR BANK LIMITED,SRINAGAR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, JAMMU

In the result, the ground No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

3. The grounds in ITA No. 329/Asr/2018 of the assessee is as follows: “1) That the Ld. CIT(A) Jammu has confirmed the action of the Ld AO with regard to disallowance of deduction claimed by I.T.A. No. 790/Asr/2017 5 & Others appeals the appellant Bank u/s 36(i)(viia) of the Act, in respect of Bari Brahmna Branch by respectfully

ASSISTANT COMMISIONER OF INCOME TAX , CIRCLE-1, JAMMU vs. MESERS JAMMU & KASHMIR BANK LIMITED , SRINAGAR

In the result, the ground No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

3. The grounds in ITA No. 329/Asr/2018 of the assessee is as follows: “1) That the Ld. CIT(A) Jammu has confirmed the action of the Ld AO with regard to disallowance of deduction claimed by I.T.A. No. 790/Asr/2017 5 & Others appeals the appellant Bank u/s 36(i)(viia) of the Act, in respect of Bari Brahmna Branch by respectfully

THE DY. COMMISSIONER INCOME-TAX, JAMMU vs. M/S. THE JAMMU & KASHMIR BANK LTD,, SRINAGAR

In the result, the ground No

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

3. The grounds in ITA No. 329/Asr/2018 of the assessee is as follows: “1) That the Ld. CIT(A) Jammu has confirmed the action of the Ld AO with regard to disallowance of deduction claimed by I.T.A. No. 790/Asr/2017 5 & Others appeals the appellant Bank u/s 36(i)(viia) of the Act, in respect of Bari Brahmna Branch by respectfully

DEPUTY COMMISSIONER OF INCOME TAX CIRCLE -IV, KAPURTHALA vs. M/S PUNJAB GRAMIN BANK, KAPURTHALA

Bench: Shri N.K. Saini & Shri Ravish Sood

section 36(1)(viia) only provision for bad and doubtful debts was allowable as deduction. 6. That while allowing the relief of Rs. 3,53,47,000/-, Ld. CIT(A) has failed to appreciate that it was a contingent liability and was not allowable as business expenditure. The P a g e | 3 ITA No. 784 & 731/Asr./2017