THE COMMISSIONER OF INCOME TAX vs. THE JAMMU AND KASHMIR BANK LTD.
ITA/10/2016HC J&K14 Jul 2023
Bench: HON'BLE MR. JUSTICE SANJEEV KUMAR,HON'BLE MR. JUSTICE PUNEET GUPTA
Section 194ASection 194A(3)(iii)Section 201Section 201(1)Section 260A
1) and under Section 201(1A) of the Act was passed by the
Assessing Authority for the Assessment year 2009-10 creating a demand of
Rs.2,11,19,843/-.
3.
On appeal by the assessee, the Commissioner of Income Tax
(Appeals) [‘CIT(A)’] deleted the addition made by the Assessing Officer by
holding that no tax was required
