Write back of provision for which expense has not been claimed can not result into addition u/s 41:Gujrat High Court

 

Gujarat State Co-OP Bank Ltd. [2017] 85 taxmann.com 259 (Gujarat) 22-08-2017

 

Para 10 “…………..When provision was never claimed as deduction, there cannot be any occasion to bring to tax reversal of such a provision. The entire exercise of creating this provision, and reversing the same – partly or fully, is completely tax neutral. The fact that income was eligible for deduction under section 80P, even if that be so, is wholly irrelevant in this context…………”