TMI Blog2019 (3) TMI 726X X X X Extracts X X X X X X X X Extracts X X X X ..... kari Bank [2015 (1) TMI 1218 - BOMBAY HIGH COURT]. Accordingly, we do not find any infirmity in the findings of the Ld.CIT(Appeals) which is, therefore, upheld. Hence, grounds raised by the Revenue are dismissed. - ITA No.182/PUN/2017 - - - Dated:- 23-1-2019 - Shri R.S. Syal, VP And Shri Partha Sarathi Chaudhury, JM For the Assessee : None For the Revenue : Shri Pankaj Garg ORDER PER PARTHA SARATHI CHAUDHURY, JM : This appeal preferred by the Revenue emanates from the order of Ld. CIT(Appeals)-4, Pune dated 20.10.2016 for the assessment year 2013-14 as per following grounds of appeal on record: 1. On the facts and circumstances of the case and in law, the CIT(A) has erred in deleting addition of interest o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and submitted the working of interest accrued on NPA as follows: The contention of the assessee was not accepted by the AO due to the following reasons: Particulars F.Y. 2012-13 (Amounts in Lakhs) Opening Balance 1425.39 Add. Addition during the year 416.22 Less. Recovery during the year 199.14 Closing Balance 1642.47 Net addition during the year 217.08 1. In Form No. 3CD Report the assessee had menti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... IT(Appeals) wherein the Ld. AR of the assessee filed written submissions. It was submitted that the case of the assessee is fully covered by the decision of the Co-ordinate Bench of Tribunal, Pune in assessee s own case for assessment year 2009-10 and 2010-11. The Co-ordinate Bench of the Tribunal relying upon the decision of the Hon'ble Bombay High Court in the case of M/s. Deogiri Nagari Sahakari Bank Ltd. in ITA No. 53/PUN/2014 has decided the similar issue in favour of the assessee. That on consideration of assessment order, facts on record and submissions of the assessee, the Ld. CIT(Appeals) has held as follows: Decision : I have carefully considered the observations of the AO in the assessment order as well as the content ..... X X X X Extracts X X X X X X X X Extracts X X X X
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