JOINT COMMISSIONER INCOME-TAX(IN-SITU), CIRCLE-1, PATNA, PATNA vs. NORTH BIHAR POWER DISTRIBUTION COMPANY LIMITED, PATNA
In the result, the appeals of the Revenue and COs of the assessee are dismissed
ITA 99/PAT/2025[2013-14]Status: DisposedITAT Patna23 Feb 2026AY 2013-14
Bench: Shri Duvvuru Rl Reddy, Vp & Shri Rajesh Kumar, Am**
For Appellant: Sh. Ankit Kumar, CA**For Respondent: Md. A. H. Chowdhary, CIT (DR).**
disallowance of ₹72,67,00,000/ by the learned CIT (A) as made by the ld. AO on account of delayed payment surcharge by the consumers.
- 4.1. The learned AO during the assessment proceeding noted from the documents/evidences furnished by assessee that assessee had followed mercantile/ accrual system of accounting and with regard to delayed payment of surcharge (DPS) assessee
