Judgment: Vijay Kumar Garg, Presiding Officer, (At Guwahati) This is an application under section 19 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 filed by the State Bank of India, a body corporate, duly constituted under the State Bank of India Act, 1955 carrying on banking business through its diverse…

Order: R.B. Trivedi, Presiding Officer, (At Kolkata) Applicant, Stressed Assets Stabilization Fund (SASF) had originally filed the present O.A. being O.A. No. 12 of 2007 on 09.02.2007 before Ld. DRT-1, Kolkata against five Defendants under Section 19 of the Recovery of Debts Due to the Banks and Financial Institutions Act, 1993 for recovery of Rs….

Judgment: Vijay Kumar Garg, Presiding Officer, (At Guwahati) This is an application under section 19 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 filed by the UCO Bank, a body corporate, duly constituted under the Banking Companies (Acquisition and Transfer for Undertaking) Act, 1970 carrying on banking business through its…

Judgment: Vijay Kumar Garg, Presiding Officer, (At Guwahati) This is an application under section 19 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 filed by the State Bank of India, a body corporate, duly constituted under the State Bank of India Act, 1955 carrying on banking business through its diverse…

Order: A.K. Mishra, (Presiding Member), (At Hyderabad) TSA No. 20 of 2014 originally filed before the Debts Recovery Tribunal No. 2 on 14.04.2014 in SA No. 462 of 2014 challenging the possession notice dated 25.02.2014 and 27.02.2014. The brief background of the case is that the Applicant availed financial assistance from the Defendant Bank. The…

Judgment: Ranjit Singh, J. (Chairperson), (At Delhi) For the reasons mentioned in the application, the delay in filing the appeal is condoned, especially so, when the Counsel for the respondent has not offered any opposition to the same. Application seeking condonation of delay is disposed of accordingly. Appellant Punjab National Bank had filed an O.A….

State Bank of India VS The ACIT

Judgement Date: 28-Mar-2017

Order: Shri Vikram Singh Yadav, Am These are two appeals filed by the assessee against the order of the Ld. CIT(A)-5, Jaipur dated 11.11.2016 for A.Y. 2013-14 & 2014-15 respectively. The assessee has also filed two stay petitions in respect of demand raised by the Assessing Officer of Rs.7,76,365/- for A.Y. 2013-14 & Rs.12,10,074/- for…

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