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2019 (7) TMI 1320 - AT - Income TaxDisallowance for provision made for Non-Performing Assets (NPA) - CIT(A) denied deduction u/s 36(1)(viia) being the population of Midnapore Town being much higher than 10,000, and not a Rural Branch - assessee submitted additional evidence stating that population mentioned by CIT(A) is factually incorrect - admission of additional evidence - HELD THAT:- Documentary evidence as additional evidence before the Tribunal along with an application seeking admission thereof on the ground that the same obtained by the assessee after passing of the impugned order of the ld. CIT(Appeals) is relevant to decide the issue involved in Grounds No. 1 to 3 of the assessee’s appeal. He has also submitted that this issue may be sent back to the AO for deciding the same afresh after verifying the additional evidence filed by the assessee. Keeping in view the relevance of the additional evidence filed by the assessee, the same is admitted by us. D.R. has also not raised any objection for the admission of the additional evidence as well as for sending the matter back to the AO for verification of the additional evidence. We accordingly set aside the impugned order of the ld. CIT(Appeals) on this issue and restore the matter to the file of the AO for deciding the same afresh after verifying the additional evidence filed by the assessee. Grounds are accordingly treated as allowed for statistical purposes. Disallowance of provision made for leave encashment - HELD THAT:- As the issue involved in the present case as well as the material facts relevant thereto are similar to the case of the SRB & Associates LLP [2017 (9) TMI 1833 - ITAT KOLKATA] , we respectfully follow the order of this Tribunal passed in the said case and restore the matter to the file of the AO for fresh adjudication as per the direction as given in the case of M/s. SRBC & Associates LLP. Addition of provision made for difference in General Ledger (GL) and Detailed Ledger (DL) - HELD THAT:- Provision made by the assessee on account of difference between General Ledger and Detailed Ledger as per the guidelines of the RBI is such that the same cannot be said to be a provision made for any obligation or liability. As rightly held by the authorities below, there is no provision in the Income Tax Act under which the said provision can be allowed as deduction. No infirmity in the impugned order of the ld. CIT(Appeals) confirming the disallowance made by the Assessing Officer on account of provision made by the assessee for the difference in its General Ledger and Detailed Ledger and upholding the same, we dismiss Ground No. 5 of the assessee’s appeal. Addition of interest accrued on investment - already offered for taxation on receipt basis which was accepted by department - HELD THAT:- We direct the AO to verify the claim of the assessee of having offered the amount in question to tax in A.Y. 2014-15 on receipt basis. If it is found on such verification that the said amount is already assessed to tax in A.Y. 2014-15 and the matter has reached its finality, the AO shall delete the addition of the same amount made in the year under consideration. - Ground is accordingly treated as allowed for statistical purposes.
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