This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
ITAT Raipur Quashed ₹17 Crore Addition as AO Misread Facts on Bad Debt Deduction
Case Law Details
- Case Name
- DCIT Vs Jila Sahakari Kendriya Bank Maryadit (ITAT Raipur)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2014-15
- Courts
- All ITAT, ITAT Raipur
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
DCIT Vs Jila Sahakari Kendriya Bank Maryadit (ITAT Raipur)
The appeal before the Income Tax Appellate Tribunal (ITAT), Raipur, was filed by the Revenue against the order of the Commissioner of Income Tax (Appeals), NFAC, Delhi dated 21.10.2024 for Assessment Year 2014–15. The dispute arose from reassessment proceedings initiated under sections 147 and 144 of the Income Tax Act, 1961, wherein the Assessing Officer (AO) made multiple additions, including an addition of ₹17 crore on account of alleged double deduction of provision for bad and doubtful debts.
The assessee, a c...
Author Info
