ACIT, KHANDWA vs. M/S JILA SAHAKARI KENDRIYA BANK, , KHARGONE

Accordingly Ld. AO made a mathematical working of 20% limit at Rs. 5,54,05,042/-; finally disallowed excess deduction of Rs

Bench: Ms. Suchitra Kamble & Shri B.M. Biyani(Conducted Through Virtual Court) Assessment Year: 2014-15 Acit M/S. Jila Sahakari Khandwa Kendriya Bank, बनाम/ Khandwa Road, Khargone Vs. (Appellant /Revenue) (Respondent / Assessee) Pan: Aaatj 0529 K Revenue By Shri P.K. Mishra, Cit-Dr Assessee By Shri Subhash Jain & Milind Wadhwani, Ars Date Of Hearing 01.02.2023 Date Of Pronouncement 28.04.2023

section 36(1)(viia) and framed a view that “Provision for NPA” is a provision for bad-debt and therefore allowable as deduction; but “Provision for standard assets” is not a provision for bad-debt and therefore not allowable. Finally, Ld. AO disallowed

JILA SAHAKARI KENDRIYA BANK MY,,INDORE vs. DCIT 1(1), DHAR

In the result, this appeal of assessee is allowed for statistical purpose

Bench: Shir Chandra Mohan Garg & Shrib.M. Biyaniassessment Year: 2013-14 M/S Jilasahakarikendriya Dcit-1(1) बनाम/ Bank Maryadit, Indore Dhar Vs. (Appellant / Assessee) (Respondent / Revenue) Pan: Aaaaj 0183 E Assessee By Shri S.N. Agrawal, &Pankajmogra, Ars Revenue By Shriashishporwal, Sr. Dr Date Of Hearing 18.11.2022 Date Of Pronouncement 20.12.2022

disallowed by lower authorities. 5. The legal provisions as well as facts qua this addition can be fit in a narrow compass. On legal provisions, both sides agree that the assessee being a co-operative bank, is eligible for deduction u/s 36(1)(viia) on account of “Provision for bad-debt” as well as u/s 36(1)(vii) on account

INCOME TAX OFFICER, DHAR vs. JILA SAHKARI KENDRIYA BANK MARYADIT, JHABUA

Appeal is allowed for statistical purpose

Bench: Shri B.M. Biyani & Shri Paresh M. Joshiassessment Year:2015-16 Ito, Jila Sahkari Kendriya Bank Dhar Maryadit, बनाम/ Jhabua Vs. (Revenue/Appellant) (Assessee/Respondent) Pan: Aacfj4887C Assessee By Shri Kunal Agrawal & Shri Harsh Choukse, Ar Revenue By Shri Anup Singh, Cit-Dr Date Of Hearing 26.03.2026 Date Of Pronouncement 27.03.2026

1)(viia) and partly upheld. Further, the CIT(A) upheld disallowance of section 80P fully. (v) Now, the revenue is aggrieved by part-relief granted by CIT(A) in the matter of disallowance u/s 36

MADHYA PRADESH MADHYA KSHETRA VIDUT VITARAN CO LTD,BHOPAL vs. THE ITO 2(1), BHOPAL

In the result, this appeal is allowed for statistical purpose

disallowed and added back\nonly the provision for doubtful debts.\n6.3 As per section 36(1)(viia) of the I.T. Act the provision

SHRI GOVIND DAS MUNDRA,INDORE vs. PCIT UJJAIN, UJJAIN

In the result all the appeals of the assessee(s) (i) Shri Aditya

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Borad

1 proceed to invoke the powers u/s 263 and pass an appropriate order, I deem it proper to give you an opportunity of being heard in the matter. 22. The assessee duly replied to the above show cause notice submitting as follows:- The assessee is earning income from Job work of engineering/vehicle parts in the name of his proprietary concern

SHRI MANISH MUNDRA,INDORE vs. PCIT UJJAIN, UJJAIN

In the result all the appeals of the assessee(s) (i) Shri Aditya

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Borad

1 proceed to invoke the powers u/s 263 and pass an appropriate order, I deem it proper to give you an opportunity of being heard in the matter. 22. The assessee duly replied to the above show cause notice submitting as follows:- The assessee is earning income from Job work of engineering/vehicle parts in the name of his proprietary concern

DHIRENDRA INTERNATIONAL (P) LTD.,NEEMUCH vs. PR. CIT UJJAIN, UJJAIN

In the result all the appeals of the assessee(s) (i) Shri Aditya

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Borad

1 proceed to invoke the powers u/s 263 and pass an appropriate order, I deem it proper to give you an opportunity of being heard in the matter. 22. The assessee duly replied to the above show cause notice submitting as follows:- The assessee is earning income from Job work of engineering/vehicle parts in the name of his proprietary concern

SHRI MANOJ MUNDRA,INDORE vs. PCIT UJJAIN, UJJAIN

In the result all the appeals of the assessee(s) (i) Shri Aditya

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Borad

1 proceed to invoke the powers u/s 263 and pass an appropriate order, I deem it proper to give you an opportunity of being heard in the matter. 22. The assessee duly replied to the above show cause notice submitting as follows:- The assessee is earning income from Job work of engineering/vehicle parts in the name of his proprietary concern

M/S. CHARITRA GOLD PVT. LTD.,RATLAM vs. THE PR. CIT, UJJAIN

In the result all the appeals of the assessee(s) (i) Shri Aditya

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Borad

1 proceed to invoke the powers u/s 263 and pass an appropriate order, I deem it proper to give you an opportunity of being heard in the matter. 22. The assessee duly replied to the above show cause notice submitting as follows:- The assessee is earning income from Job work of engineering/vehicle parts in the name of his proprietary concern

SHRI ADITYA MUNDRA,DEWAS vs. PCIT UJJAIN, UJJAIN

In the result all the appeals of the assessee(s) (i) Shri Aditya

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Borad

1 proceed to invoke the powers u/s 263 and pass an appropriate order, I deem it proper to give you an opportunity of being heard in the matter. 22. The assessee duly replied to the above show cause notice submitting as follows:- The assessee is earning income from Job work of engineering/vehicle parts in the name of his proprietary concern

MADHYA PRADESH MADHYA KSHETRA VIDUT VITARAN COMPANY LIMITED,BHOPAL vs. THE DCIT- 2-(1), BHOPAL

Appeal is allowed for statistical purpose

36(1)(viia) and not to assessee which is\nengaged in electricity distribution. Ultimately, the PCIT passed revision-\norder dated 23.03.2017 u/s 263 directing the AO to re-frame assessment\nafter examining the issue of deduction of “Provisions for bad and doubtful\ndebt\". Pursuant to such revision-order, the AO passed order of fresh\nassessment dated