SAMASTIPUR KSHETRIYA GRAMIN BANK,PATNA vs. DCIT, CIRCLE-3, DARBHANGA

In the result, both the appeals of the assessee are partly allowed

section 36(1)(vii) of the Act. What is to be\nallowed u/s. 36(1)(vii) of the Act is actual write- off of a bad debt and not a mere\nProvision for bad and doubtful debts. The claim before us is in respect of the\namortization of premium paid on acquisition of Government Securities classified under\nHTM category

SAMASTIPUR KSHETRIYA GRAMIN BANK,PATNA vs. DCIT, CIRCLE-3, DARBHANGA

In the result, both the appeals of the assessee are partly allowed

Bench: Shri Duvvuru Rl Reddy, Vp & Shri Rajesh Kumar, Am

section 36(1)(vii) of the Act. What is to be allowed u/s. 36(1)(vii) of the Act is actual write- off of a bad debt and not a mere Provision for bad and doubtful debts. The claim before us is in respect of the amortization of premium paid on acquisition of Government Securities classified under HTM category

M/S BIHAR STATE WAREHOUSING CORPN. LTD.,PATNA vs. ACIT, CIRCLE-2, PATNA, PATNA

In the result, the appeal filed by the assessee is allowed for statistical purposes

Bench: Sri Manish Borad & Sri Sonjoy Sarma

disallowing the claim of provision for Storage Loss amounting to Rs. 5.00 Crore under section 36(1)(vii) of the Act, which

THE SIWAN CENTRAL CO.-OPERATIVE BANK LTD,SIWAN vs. DCIT, CIRCLE-2, MUZAFFARPUR

In the result, both the appeals filed by the assessee are allowed for statistical purposes

Bench: Sri Rajpal Yadav & Dr. Manish Borad

1,40,675/- and additions of Rs.3,68,41,943/- and Rs.2,88,460/- sustained by the Ld. CIT(A) are wrong, illegal and unjustified on the facts and in the circumstances of the appellant’s case. 13. For that the order passed is violative of principles of equity, natural justice and fair play., 14. For that the whole order

THE SIWAN CENTRAL CO.-OPERATIVE BANK LTD,SIWAN vs. DCIT, CIRCLE-2, MUZAFFARPUR

In the result, both the appeals filed by the assessee are allowed for statistical purposes

Bench: Sri Rajpal Yadav & Dr. Manish Borad

1,40,675/- and additions of Rs.3,68,41,943/- and Rs.2,88,460/- sustained by the Ld. CIT(A) are wrong, illegal and unjustified on the facts and in the circumstances of the appellant’s case. 13. For that the order passed is violative of principles of equity, natural justice and fair play., 14. For that the whole order

M/S BIHAR STATE WAREHOUSING CORPN. LTD.,PATNA vs. CIT (A), NFAC, DELHI, DELHI

In the result, both these appeals filed by the assessee are allowed for statistical purposes

Bench: the Commissioner of Income Tax (Appeals)-1 was disposed of by an Order ITBA/NFAC/S/250/2022- 23/1047736388(1) dated 30-11-2022 passed by Commissioner of Income Tax M/s Bihar State Warehousing Corpn. Ltd.

disallowing the claim of provision for Storage Loss amounting to Rs. 2.64 Crore (Rupees Two Crore Sixty Four Lacs Only) under section 36 (1) (vii

M/S BIHAR STATE WAREHOUSING CORPN. LTD.,PATNA vs. CIT (A), NFAC, DELHI, DELHI

In the result, both these appeals filed by the assessee are allowed for statistical purposes

Bench: the Commissioner of Income Tax (Appeals)-1 was disposed of by an Order ITBA/NFAC/S/250/2022- 23/1047736388(1) dated 30-11-2022 passed by Commissioner of Income Tax M/s Bihar State Warehousing Corpn. Ltd.

disallowing the claim of provision for Storage Loss amounting to Rs. 2.64 Crore (Rupees Two Crore Sixty Four Lacs Only) under section 36 (1) (vii

SUNITA KUMARI,GAYA vs. ACIT, CENTRAL CIRCLE-2, PATNA

ITA No. 17/Pat/2023;

Bench: Shri Rajpal Yadav, Hon’Ble & Shri Dr. Manish Borad, Hon’Blei.T.A. Nos. 17 To 23/Pat/2023 Assessment Years: 2013-14 To 2019-20 Sunita Kumari Acit, Central Circle-2, Patna Mir Abu Saleh Road Vs Kotwali Bihar - 823001 [Pan: Aoupk1552K] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent)

vii. Total sources of receipts including 4266270.00 receipts from supply of medical goods and interbank transactions. viii. Total sources of receipts including net 2531756.00 receipts from supply of medical goods. I.T.A. Nos. 17 to 23/Pat/2023 Assessment Years: 2013-14 to 2019-20 Sunita Kumari I.T.A. No. 25/Pat/2023 Assessment Year: 2016-17 I.T.A. No. 26/Pat/2023 Assessment Year: 2018-19 I.T.A

UDAY SHANKAR ARUN,GAYA vs. ACIT CENTRAL CIRCLE-2, PATNA

ITA No. 17/Pat/2023;

Bench: Shri Rajpal Yadav, Hon’Ble & Shri Dr. Manish Borad, Hon’Blei.T.A. Nos. 17 To 23/Pat/2023 Assessment Years: 2013-14 To 2019-20 Sunita Kumari Acit, Central Circle-2, Patna Mir Abu Saleh Road Vs Kotwali Bihar - 823001 [Pan: Aoupk1552K] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent)

vii. Total sources of receipts including 4266270.00 receipts from supply of medical goods and interbank transactions. viii. Total sources of receipts including net 2531756.00 receipts from supply of medical goods. I.T.A. Nos. 17 to 23/Pat/2023 Assessment Years: 2013-14 to 2019-20 Sunita Kumari I.T.A. No. 25/Pat/2023 Assessment Year: 2016-17 I.T.A. No. 26/Pat/2023 Assessment Year: 2018-19 I.T.A

UDAY SHANKAR ARUN,GAYA vs. ACIT CENTRAL CIRCLE-2, PATNA

ITA No. 17/Pat/2023;

Bench: Shri Rajpal Yadav, Hon’Ble & Shri Dr. Manish Borad, Hon’Blei.T.A. Nos. 17 To 23/Pat/2023 Assessment Years: 2013-14 To 2019-20 Sunita Kumari Acit, Central Circle-2, Patna Mir Abu Saleh Road Vs Kotwali Bihar - 823001 [Pan: Aoupk1552K] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent)

vii. Total sources of receipts including 4266270.00 receipts from supply of medical goods and interbank transactions. viii. Total sources of receipts including net 2531756.00 receipts from supply of medical goods. I.T.A. Nos. 17 to 23/Pat/2023 Assessment Years: 2013-14 to 2019-20 Sunita Kumari I.T.A. No. 25/Pat/2023 Assessment Year: 2016-17 I.T.A. No. 26/Pat/2023 Assessment Year: 2018-19 I.T.A

SUNITA KUMARI,GAYA vs. ACIT, CENTRAL CIRCLE-2, PATNA

ITA No. 17/Pat/2023;

Bench: Shri Rajpal Yadav, Hon’Ble & Shri Dr. Manish Borad, Hon’Blei.T.A. Nos. 17 To 23/Pat/2023 Assessment Years: 2013-14 To 2019-20 Sunita Kumari Acit, Central Circle-2, Patna Mir Abu Saleh Road Vs Kotwali Bihar - 823001 [Pan: Aoupk1552K] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent)

vii. Total sources of receipts including 4266270.00 receipts from supply of medical goods and interbank transactions. viii. Total sources of receipts including net 2531756.00 receipts from supply of medical goods. I.T.A. Nos. 17 to 23/Pat/2023 Assessment Years: 2013-14 to 2019-20 Sunita Kumari I.T.A. No. 25/Pat/2023 Assessment Year: 2016-17 I.T.A. No. 26/Pat/2023 Assessment Year: 2018-19 I.T.A

SUNITA KUMARI,GAYA vs. ACIT, CENTRAL CIRCLE-2, PATNA

ITA No. 17/Pat/2023;

Bench: Shri Rajpal Yadav, Hon’Ble & Shri Dr. Manish Borad, Hon’Blei.T.A. Nos. 17 To 23/Pat/2023 Assessment Years: 2013-14 To 2019-20 Sunita Kumari Acit, Central Circle-2, Patna Mir Abu Saleh Road Vs Kotwali Bihar - 823001 [Pan: Aoupk1552K] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent)

vii. Total sources of receipts including 4266270.00 receipts from supply of medical goods and interbank transactions. viii. Total sources of receipts including net 2531756.00 receipts from supply of medical goods. I.T.A. Nos. 17 to 23/Pat/2023 Assessment Years: 2013-14 to 2019-20 Sunita Kumari I.T.A. No. 25/Pat/2023 Assessment Year: 2016-17 I.T.A. No. 26/Pat/2023 Assessment Year: 2018-19 I.T.A

UDAY SHANKAR ARUN,GAYA vs. ACIT CENTRAL CIRCLE-2, PATNA

ITA No. 17/Pat/2023;

Bench: Shri Rajpal Yadav, Hon’Ble & Shri Dr. Manish Borad, Hon’Blei.T.A. Nos. 17 To 23/Pat/2023 Assessment Years: 2013-14 To 2019-20 Sunita Kumari Acit, Central Circle-2, Patna Mir Abu Saleh Road Vs Kotwali Bihar - 823001 [Pan: Aoupk1552K] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent)

vii. Total sources of receipts including 4266270.00 receipts from supply of medical goods and interbank transactions. viii. Total sources of receipts including net 2531756.00 receipts from supply of medical goods. I.T.A. Nos. 17 to 23/Pat/2023 Assessment Years: 2013-14 to 2019-20 Sunita Kumari I.T.A. No. 25/Pat/2023 Assessment Year: 2016-17 I.T.A. No. 26/Pat/2023 Assessment Year: 2018-19 I.T.A

SUNITA KUMARI,GAYA vs. ACIT, CENTRAL CIRCLE-2, PATNA

ITA No. 17/Pat/2023;

Bench: Shri Rajpal Yadav, Hon’Ble & Shri Dr. Manish Borad, Hon’Blei.T.A. Nos. 17 To 23/Pat/2023 Assessment Years: 2013-14 To 2019-20 Sunita Kumari Acit, Central Circle-2, Patna Mir Abu Saleh Road Vs Kotwali Bihar - 823001 [Pan: Aoupk1552K] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent)

vii. Total sources of receipts including 4266270.00 receipts from supply of medical goods and interbank transactions. viii. Total sources of receipts including net 2531756.00 receipts from supply of medical goods. I.T.A. Nos. 17 to 23/Pat/2023 Assessment Years: 2013-14 to 2019-20 Sunita Kumari I.T.A. No. 25/Pat/2023 Assessment Year: 2016-17 I.T.A. No. 26/Pat/2023 Assessment Year: 2018-19 I.T.A

SUNITA KUMARI,GAYA vs. ACIT, CENTRAL CIRCLE-2, PATNA

ITA No. 17/Pat/2023;

Bench: Shri Rajpal Yadav, Hon’Ble & Shri Dr. Manish Borad, Hon’Blei.T.A. Nos. 17 To 23/Pat/2023 Assessment Years: 2013-14 To 2019-20 Sunita Kumari Acit, Central Circle-2, Patna Mir Abu Saleh Road Vs Kotwali Bihar - 823001 [Pan: Aoupk1552K] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent)

vii. Total sources of receipts including 4266270.00 receipts from supply of medical goods and interbank transactions. viii. Total sources of receipts including net 2531756.00 receipts from supply of medical goods. I.T.A. Nos. 17 to 23/Pat/2023 Assessment Years: 2013-14 to 2019-20 Sunita Kumari I.T.A. No. 25/Pat/2023 Assessment Year: 2016-17 I.T.A. No. 26/Pat/2023 Assessment Year: 2018-19 I.T.A

SUNITA KUMARI,GAYA vs. ACIT, CENTRAL CIRCLE-2, PATNA

ITA No. 17/Pat/2023;

Bench: Shri Rajpal Yadav, Hon’Ble & Shri Dr. Manish Borad, Hon’Blei.T.A. Nos. 17 To 23/Pat/2023 Assessment Years: 2013-14 To 2019-20 Sunita Kumari Acit, Central Circle-2, Patna Mir Abu Saleh Road Vs Kotwali Bihar - 823001 [Pan: Aoupk1552K] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent)

vii. Total sources of receipts including 4266270.00 receipts from supply of medical goods and interbank transactions. viii. Total sources of receipts including net 2531756.00 receipts from supply of medical goods. I.T.A. Nos. 17 to 23/Pat/2023 Assessment Years: 2013-14 to 2019-20 Sunita Kumari I.T.A. No. 25/Pat/2023 Assessment Year: 2016-17 I.T.A. No. 26/Pat/2023 Assessment Year: 2018-19 I.T.A

SUNITA KUMARI,GAYA vs. ACIT, CENTRAL CIRCLE-2, PATNA

ITA No. 17/Pat/2023;

Bench: Shri Rajpal Yadav, Hon’Ble & Shri Dr. Manish Borad, Hon’Blei.T.A. Nos. 17 To 23/Pat/2023 Assessment Years: 2013-14 To 2019-20 Sunita Kumari Acit, Central Circle-2, Patna Mir Abu Saleh Road Vs Kotwali Bihar - 823001 [Pan: Aoupk1552K] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent)

vii. Total sources of receipts including 4266270.00 receipts from supply of medical goods and interbank transactions. viii. Total sources of receipts including net 2531756.00 receipts from supply of medical goods. I.T.A. Nos. 17 to 23/Pat/2023 Assessment Years: 2013-14 to 2019-20 Sunita Kumari I.T.A. No. 25/Pat/2023 Assessment Year: 2016-17 I.T.A. No. 26/Pat/2023 Assessment Year: 2018-19 I.T.A

RAKESH KUMAR,PATNA vs. DCIT, CIRCLE-4, PATNA

In the result, both the appeals of the assessee for AYs 2012-13

Bench: Shri Sanjay Garg & Dr. Manish Boradi.T.A. Nos.85 & 86/Pat/2017 Assessment Years: 2012-13 & 2013-14

disallowing the claim of deduction u/ s BOIC of the act.” 5. Aggrieved, assessee is now in appeal before this Tribunal. 6. Ld. Counsel for the assessee submitted that the issue is no longer res integra that assembling of goods is also held to be a manufacturing activity because it gives rise to a new product with a new name

RAKESH KUMAR,PATNA vs. DCIT, CIRCLE-4, PATNA

In the result, both the appeals of the assessee for AYs 2012-13

Bench: Shri Sanjay Garg & Dr. Manish Boradi.T.A. Nos.85 & 86/Pat/2017 Assessment Years: 2012-13 & 2013-14

disallowing the claim of deduction u/ s BOIC of the act.” 5. Aggrieved, assessee is now in appeal before this Tribunal. 6. Ld. Counsel for the assessee submitted that the issue is no longer res integra that assembling of goods is also held to be a manufacturing activity because it gives rise to a new product with a new name