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NPA norms of RBI are not binding on tax authorities
Case Law Details
- Case Name
- Hamirpur District Co-operative Bank Ltd. Vs Deputy Commissioner of Income-tax (ITAT Lucknow)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2007-08 & 2008-09
- Courts
- All ITAT, ITAT Lucknow
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IN THE ITAT LUCKNOW BENCH ‘A’
Hamirpur District Co-operative Bank Ltd.
v.
Deputy Commissioner of Income-tax
IT Appeal Nos. 114 & 115 (Lkw.) of 2012
[Assessment Years 2007-08 & 2008-09]
Date of Pronouncement – September 6, 2012
ORDER
Sanjay Arora, Accountant Member
This is a set of two Appeals by the Assessee, i.e., in the quantum and penalty proceedings, albeit for different years, being assessment years (AYs) 2007-2008 and 2008-2009 respectively, challenging the disposal of its respective appeals by the Commissioner of Income-tax (Appeals)-II, Kanpur (‘CIT(A...





