MAHESH URBAN CO OPERATIVE BANK LTD,SOLAPUR vs. ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE -2, SOLAPUR
Appeal is partly allowed in above terms
ITA 583/PUN/2020[2011-12]Status: DisposedITAT Pune29 Aug 2022AY 2011-12
Bench: Shri S.S.Godara, Jm & Shri Dr. Dipak P. Ripote, Am आयकर अपीऱ सं. / Ita No.583/Pun/2020 ननधधारण वषा / Assessment Year : 2011-12 Mahesh Urban Co-Operative Bank Ltd., 128, Near Old Faujdar, Shukruwar Peth, Solapur – 413 002. .......अपऩलधथी / Appellant Pan : Aaaam0511H
For Appellant: Shri Pramod ShingteFor Respondent: Shri Arvind Desai
Section 119Section 143(3)Section 194Section 194ASection 36Section 36(1)(vii)Section 40Section 80P
TDS on interest payments made to members. We thus delete the impugned section 194A r.w.s. 40 (a)(ia) disallowance of Rs.2,25,308/- in very terms therefore. The assessee’s third substantive grievance is accepted.
5. Next comes section 36(i)(viia) bad debts deduction disallowance of Rs.1,64,515/- affirmed by the CIT(A)’s order is under
