THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1, UDUPI., UDUPI vs. M/S SYNDICATE BANK,, UDUPI
In the result, the appeal filed by the Revenue stands dismissed
ITA 337/PAN/2016[2002-03]Status: DisposedITAT Panaji09 Oct 2023AY 2002-03
Bench: Shri Inturi Rama Rao & Shri Partha Sarathi Chaudhuryआयकर अपील सं. / Ita No.337/Pan/2016 िनधा"रण वष" / Assessment Year : 2002-03 Dcit, Circle-1, Udupi. Vs. M/S. Syndicate Bank, Central Accounts Department, Tax Cell, Head Officer, Manipal. Pan : Aaccs4699E Appellant Respondent C.O. No.01/Pan/2023 (Arising Out Of Ita No.337/Pan/2016) िनधा"रण वष" / Assessment Year : 2002-03 Canara Bank (Erstwhile Vs. Dcit, Circle-1, Udupi. Syndicate Bank), F.M. Wing, Head Office, 112, J. C. Road, Bengaluru- 560002. Pan : Aaacc6106G Appellant Respondent Revenue By : Smt. Ashwini D. Hosmani Assessee By : Shri S. Ananthan Smt. S. Lalitha R. Date Of Hearing : 07.09.2023 Date Of Pronouncement : 09.10.2023
For Appellant: Shri S. AnanthanFor Respondent: Smt. Ashwini D. Hosmani
Section 115JSection 143(3)Section 14ASection 244A
73,900/- u/s 14A of the Act. The Assessing Officer had not granted interest of refund u/s 244A of the Act.
4. Being aggrieved, an appeal was filed before the ld. CIT(A), who vide impugned order allowed the ground of appeal relating to the addition of provision for bad and doubtful debts and upheld the addition of disallowance