CANARA BANK,BANGALORE vs. JOINT COMMISSIONER OF INCOME TAX, LTU,, BANGALORE
In the result, Revenue’s appeal for Assessment Year 2014-15 is partly allowed for statistical purposes
ITA 1899/BANG/2017[2014-15]Status: DisposedITAT Bangalore28 Sept 2018AY 2014-15
Bench: Shri Sunil Kumar Yadav & Shri Jason P Boaz
For Appellant: Shri S. Ananthan, C.AFor Respondent: Smt. Neera Malhotra, CIT (D.R)
Section 115JSection 143(3)Section 14ASection 36(1)(vii)Section 36(1)(viia)Section 40
ix)
Disallowance u/s.40(a)(ia) – payment
Rs.8,05,15,590
made to NPCI x)
Amortisation of Premium in respect of Rs.88,31,63,478
HTM category of investments.
xi)
Profit on sale of shares of CARE Ltd.
Rs.161,89,97,600
xii)
Depreciation on ATM
Rs.7,24,63,522
xiii)
Disallowance u/s.40(a)(ia)
Rs.28,53,74,990
xiv)
Interest