INOCME TAX OFFICER , WARD 1(5), NAGPUR vs. VIDARBHA KONKAN GRAMIN BANK , NAGPUR
In the result, appeals filed by the Revenue for A
ITA 5/NAG/2019[2015-16]Status: DisposedITAT Nagpur06 Dec 2024AY 2015-16
Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member
For Appellant: Shri C. NareshFor Respondent: Shri Sandipkumar Salunke
Section 1Section 143(1)Section 36(1)(vii)Section 41(4)
section 274 of the Income Tax Act, 1961 initiated separately for concealment and furnishing inaccurate particulars of income.
6. On appeal, the learned CIT(A), vide Para–7.0 to 7.5, deleted the addition in respect of interest accrued but not due on securities and while coming to the conclusion, the learned CIT(A) held as under:–
“7.0 Ground