FEDBANK FINANCIAL SERVICES LIMITED,ERNAKULAM vs. THE DCIT CIRCLE 1(1), KOCHI, KOCHI
In the result, the appeal of the assessee is allowed
ITA 838/COCH/2022[2017-2018]Status: DisposedITAT Cochin08 Mar 2023AY 2017-2018
Bench: Shri George George K. & Ms. Padmavathy S.Assessment Year : 2017-18
For Appellant: Ms. K. Parvathy Ammal, CAFor Respondent: Shri Prashanth V.K., CIT(DR)
Section 143(3)Section 263Section 36Section 36(1)(viia)Section 37
125 under any other disallowance in the ITR filed for AY 2017-18... as such amount claimed under section 36(1)(viia) is only Rs.5,83,000/ - (Rs.3,38,000/- towards
Provision for Loss assets and Rs.2,45,000/ - towards Provision for Doubtful debts as per the NPA norms... as per section 36(1)(viia) up to 5% of total
