DY. COMMISSIONER OF INCOME TAX CIRCLE - 3(3)(1), MUMBAI, MUMBAI vs. SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA, MUMBAI

Bench: Justice (Retd.) C V Bhadang & Ms Padmavathy S, Am

Capital Gains (LTCG). The assessee in the computation has made a suo-motu disallowance of Rs. 1,16,75,281/- under section 14A of the Act towards administrative expenditure on pro-rata basis of number of employees in the Investment Department vis-à-vis the total number of employees. The AO held that the assessee has not maintained separate

SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 3(3)(1),MUMBAI, MUMBAI

Bench: Justice (Retd.) C V Bhadang & Ms Padmavathy S, Am

Capital Gains (LTCG). The assessee in the computation has made a suo-motu disallowance of Rs. 1,16,75,281/- under section 14A of the Act towards administrative expenditure on pro-rata basis of number of employees in the Investment Department vis-à-vis the total number of employees. The AO held that the assessee has not maintained separate

SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 3(3)(1),MUMBAI, MUMBAI

Capital Gains (LTCG). The assessee\nin the computation has made a suo-motu disallowance of Rs.1,16,75,281/- under\nsection 14A of the Act towards administrative expenditure on pro-rata basis of\nnumber of employees in the Investment Department vis-à-vis the total number of\nemployees. The AO held that the assessee has not maintained separate

DY. COMMISSIONER OF INCOME TAX CIRCLE - 3(3)(1), MUMBAI, MUMBAI vs. SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA, MUMBAI

Capital Gains (LTCG). The assessee\nin the computation has made a suo-motu disallowance of Rs.1,16,75,281/- under\nsection 14A of the Act towards administrative expenditure on pro-rata basis of\nnumber of employees in the Investment Department vis-à-vis the total number of\nemployees. The AO held that the assessee has not maintained separate

DY. COMMISSIONER OF INCOME TAX CIRCLE - 3(3)(1), MUMBAI, MUMBAI vs. SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA, MUMBAI

Capital Gains (LTCG). The assessee\nin the computation has made a suo-motu disallowance of Rs.1,16,75,281/- under\nsection 14A of the Act towards administrative expenditure on pro-rata basis of\nnumber of employees in the Investment Department vis-à-vis the total number of\nemployees. The AO held that the assessee has not maintained separate

ABHYUDAYA CO OPERATIVE BANK LTD . KOPARKHAIRANE BRANCH,MUMBAI vs. INCOME TAX OFFICER (TDS)WARD 1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

capital fund or 7[infrastructure debt fund or] a public sector company 8[or scheduled bank] in relation to a zero coupon bond issued on or after the 1st day of June, 2005 by such company or fund or public sector company 8[or scheduled bank];] Abhyudaya Co-operative Bank Ltd. AY 2016-17 9[(xi) to any income

ABHYUDAYA CO OPERATIVE BANK LTD . KURLA WEST BRANCH, ,MUMBAI vs. INCOME TAX OFFICER (TDS) WARD 1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

capital fund or 7[infrastructure debt fund or] a public sector company 8[or scheduled bank] in relation to a zero coupon bond issued on or after the 1st day of June, 2005 by such company or fund or public sector company 8[or scheduled bank];] Abhyudaya Co-operative Bank Ltd. AY 2016-17 9[(xi) to any income

ABHYUDAYA CO OPERATIVE BANK LTD . BHANDUP BRANCH ,MUMBAI vs. INCOME TAX OFFICER (TDS) WARD 1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

capital fund or 7[infrastructure debt fund or] a public sector company 8[or scheduled bank] in relation to a zero coupon bond issued on or after the 1st day of June, 2005 by such company or fund or public sector company 8[or scheduled bank];] Abhyudaya Co-operative Bank Ltd. AY 2016-17 9[(xi) to any income

ABHYUDAYA CO OPERATIVE BANK LTD . GHATKOPAR BRANCH, ,MUMBAI vs. INCOME TAX OFFICER (TDS)WARD1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

capital fund or 7[infrastructure debt fund or] a public sector company 8[or scheduled bank] in relation to a zero coupon bond issued on or after the 1st day of June, 2005 by such company or fund or public sector company 8[or scheduled bank];] Abhyudaya Co-operative Bank Ltd. AY 2016-17 9[(xi) to any income

ABHYUDAYA CO-OPERATIVE BANK LTD SEWRI BRANCH,MUMBAI vs. ITO (TDS) WARD 1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

capital fund or 7[infrastructure debt fund or] a public sector company 8[or scheduled bank] in relation to a zero coupon bond issued on or after the 1st day of June, 2005 by such company or fund or public sector company 8[or scheduled bank];] Abhyudaya Co-operative Bank Ltd. AY 2016-17 9[(xi) to any income

ABHYUDAYA CO OPERATIVE BANK LTD. KHERNAGAR BRANCH,MUMBAI vs. INCOME TAX OFFICER (TDS)WARD 1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

capital fund or 7[infrastructure debt fund or] a public sector company 8[or scheduled bank] in relation to a zero coupon bond issued on or after the 1st day of June, 2005 by such company or fund or public sector company 8[or scheduled bank];] Abhyudaya Co-operative Bank Ltd. AY 2016-17 9[(xi) to any income

ABHYUDAYA CO OPERATIVE BANK LTD ANTOP HILL BRANCH, ,MUMBAI vs. INCOME TAX OFFICER (TDS)WARD 1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

capital fund or 7[infrastructure debt fund or] a public sector company 8[or scheduled bank] in relation to a zero coupon bond issued on or after the 1st day of June, 2005 by such company or fund or public sector company 8[or scheduled bank];] Abhyudaya Co-operative Bank Ltd. AY 2016-17 9[(xi) to any income

ABHYUDAYA CO OPERATIVE BANK LTD. ABHYUDAYA NAGAR BRANCH,,MUMBAI vs. INCOME TAX OFFICER (TDS)WARD1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

capital fund or 7[infrastructure debt fund or] a public sector company 8[or scheduled bank] in relation to a zero coupon bond issued on or after the 1st day of June, 2005 by such company or fund or public sector company 8[or scheduled bank];] Abhyudaya Co-operative Bank Ltd. AY 2016-17 9[(xi) to any income

ABHYUDAYA CO-OPERATIVE BANK LTD WORLI BRANCH,MUMBAI vs. ITO TDS, WARD 1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

capital fund or 7[infrastructure debt fund or] a public sector company 8[or scheduled bank] in relation to a zero coupon bond issued on or after the 1st day of June, 2005 by such company or fund or public sector company 8[or scheduled bank];] Abhyudaya Co-operative Bank Ltd. AY 2016-17 9[(xi) to any income

ABHYUDAYA CO OPERATIVE BANK LTD . CBD BELAPUR BRANCH,MUMBAI vs. INCOME TAX OFFICER (TDS) WARD 1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

capital fund or 7[infrastructure debt fund or] a public sector company 8[or scheduled bank] in relation to a zero coupon bond issued on or after the 1st day of June, 2005 by such company or fund or public sector company 8[or scheduled bank];] Abhyudaya Co-operative Bank Ltd. AY 2016-17 9[(xi) to any income

ABHYUDAYA CO OPERATIVE BANK LTD . KANJUR BRANCH ,MUMBAI vs. INCOME TAX OFFICER (TDS) WARD 1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

capital fund or 7[infrastructure debt fund or] a public sector company 8[or scheduled bank] in relation to a zero coupon bond issued on or after the 1st day of June, 2005 by such company or fund or public sector company 8[or scheduled bank];] Abhyudaya Co-operative Bank Ltd. AY 2016-17 9[(xi) to any income

ABHYUDAYA CO OPERATIVE BANK LTD . VIKHROLI WEST BRANCH,MUMBAI vs. INCOME TAX OFFICER TDS WARD 1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

capital fund or 7[infrastructure debt fund or] a public sector company 8[or scheduled bank] in relation to a zero coupon bond issued on or after the 1st day of June, 2005 by such company or fund or public sector company 8[or scheduled bank];] Abhyudaya Co-operative Bank Ltd. AY 2016-17 9[(xi) to any income

ABHYUDAYA CO OPERATIVE BANK LTD . BORIVALI BRANCH,MUMBAI vs. INCOME TAX OFFICER (TDS) WARD 1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

capital fund or 7[infrastructure debt fund or] a public sector company 8[or scheduled bank] in relation to a zero coupon bond issued on or after the 1st day of June, 2005 by such company or fund or public sector company 8[or scheduled bank];] Abhyudaya Co-operative Bank Ltd. AY 2016-17 9[(xi) to any income