BAITARANI GRAMYA BANK,BHUBANESWAR vs. ACIT, BALASORE
In the result, appeal is partly allowed
ITA 318/CTK/2013[2008-09]Status: DisposedITAT Cuttack24 Aug 2017AY 2008-09
Bench: S/Shri N.S Saini & Pavan Kumar Gadale
For Appellant: Shri B.K.Mohapatra, ARFor Respondent: Shri D.K.Pradhan, DR
Section 36(1)(vii)Section 36(1)(viia)
68,13,000/- made by the assessee exceeds the qualifying amount
mentioned in the said section. We, therefore, delete the disallowance of
Rs.16,50,000/- and allow this ground of appeal of the assessee.
14. In Ground No.3 of the appeal, the grievance of the assessee is that
the CIT(A) erred in confirming the disallowance of deduction
