RAJDHANI NAGAR SAHKARI BANK LTD,LUCKNOW vs. DY.CIT RANGE-6, LUCKNOW
In the result, both the appeals in ITA Nos
ITA 142/LKW/2024[2012-13]Status: DisposedITAT Lucknow30 Apr 2025AY 2012-13
Section 2(24)(x)Section 36(1)Section 36(1)(v)
56 ITR 1. In the case of Badridas Daga (supra) the Hon'ble\nSupreme Court had affirmed the view that loss resulting from embezzlement by an\nemployee or the agent of a business was admissible as deduction under section 10(1)\nof the 1922 Act (corresponding to section 28 of the 1961 Act). In the second case, the\ndecision stated
