HDFC BANK LIMITED (AS SUCCESSOR TO HOUSING DEVELOPMENT FINANCE CORPORATION LTD),MUMBAI vs. DCIT RG 1(1), MUMBAI

Bench: Shri Anikesh Banerjee & Shri Girish Agrawal

36A placed on record. Assessee is a housing finance institution set up in 1977 with main object of providing loans for purchase or construction of residential houses in India. It is regulated by National Housing Bank, which is a wholly owned subsidiary of Reserve Bank of India (RBI) and satisfies all conditions stipulated by the National Housing Bank. Business activities

HDFC BANK LIMITED (AS SUCCESSOR TO HOUSING DEVELOPMENT FINANCE CORPORATION LTD),MUMBAI vs. DCIT 1(1), MUMBAI

Bench: Shri Anikesh Banerjee & Shri Girish Agrawal

36A placed on record. Assessee is a housing finance institution set up in 1977 with main object of providing loans for purchase or construction of residential houses in India. It is regulated by National Housing Bank, which is a wholly owned subsidiary of Reserve Bank of India (RBI) and satisfies all conditions stipulated by the National Housing Bank. Business activities

ADDL CIT RG 1(1), MUMBAI vs. HDFC LTD, MUMBAI

Bench: Shri Anikesh Banerjee & Shri Girish Agrawal

36A placed on record. Assessee is a housing finance institution set up in 1977 with main object of providing loans for purchase or construction of residential houses in India. It is regulated by National Housing Bank, which is a wholly owned subsidiary of Reserve Bank of India (RBI) and satisfies all conditions stipulated by the National Housing Bank. Business activities

HDFC BANK LIMITED (AS SUCCESSOR TO HDFC LTD),MUMBAI vs. DCIT 2(3)(1), MUMBAI

36A placed on \nrecord. Assessee is a housing finance institution set up in 1977 with \nmain object of providing loans for purchase or construction of \nresidential houses in India. It is regulated by National Housing Bank, \nwhich is a wholly owned subsidiary of Reserve Bank of India (RBI) and \nsatisfies all conditions stipulated by the National Housing Bank. \nBusiness activities

HDFC BANK LIMITED (AS SUCCESSOR TO HOUSING DEVELOPMENT FINANCE CORPORATION LTD),MUMBAI vs. ADDL CIT RG 1(1), MUMBAI

In the result, appeals of both, assessee and revenue are decided \nas per the table below: \n\n| Sr

36A placed on \nrecord. Assessee is a housing finance institution set up in 1977 with \nmain object of providing loans for purchase or construction of \nresidential houses in India. It is regulated by National Housing Bank, \nwhich is a wholly owned subsidiary of Reserve Bank of India (RBI) and \nsatisfies all conditions stipulated by the National Housing Bank. \nBusiness activities

ACIT 10(1), MUMBAI vs. FIAT INDIA P.LTD ( NOW KNOWN AS NEW HOLLAND FLAT INDIA P. LTD, MUMBAI

In the result, both the appeal of the Revenue and cross objection of the assessee are allowed, for statistical purposes

Bench: Shri Aakash Deep Jain ( & Shri Om Prakash Kant ()

36A on 19/12/2012 are reproduced under: 1. As regards Ground No. 2 of the Learned Assessing Officer ('AO') against the disallowance of warranty expenses, if need be, the Hon'ble Tribunal may consider the allowability of actual amount of Rs.1,17,94,570/- paid / incurred during the year, which ground was before the Learned Commissioner of Income-tax (Appeals