M/S MAHARASHTRA J P A H P E C C S LTD,PUNE vs. ITO WARD 7(1), PUNE
IN THE INCOME TAX APPELLATE TRIBUNAL
PUNE BENCHES “SMC”, PUNE
BEFORE DR.MANISH BORAD, ACCOUNTANT MEMBER
आयकर अपील सं. / ITA No.1021/PUN/2025
Assessment Year : 2020-21
M/s. Maharashtra J P A H P E C
C S Ltd.
Pune
Military
Water
Supply
Compound, Near St Mary School,
Pune 411 001, Maharashtra
PAN : AABTM7153P
Vs.
Income Tax Officer,
Ward-7(1), Pune
Appellant
Respondent
आदेश / ORDER
PER DR. MANISH BORAD, ACCOUNTANT MEMBER :
This appeal filed by the assessee pertaining to the assessment year 2020-21 is directed against the order dated 24.03.2025 giving effect to the order of CIT(A) passed u/s.250 of the Income-tax Act,
1961 (hereinafter also called ‘the Act’) which inturn is arising out of the Assessment Order dated. 26.09.2022 passed u/s.143(3) r.w.s.144B of the Act.
In the instant appeal, assessee has raised following grounds of appeal :
“1. On the facts and in the circumstances of the case and in law Ld. A.O.
erred in rejected Claim interest on deposits held in co-operative Bank under section 80P(2)(d) of Rs.17,51,124/- being Pune District Central Co- op Ltd, Pune is scheduled bank and not cooperative Bank which is bad in law because PDCC Bank is registered under the Maharashtra
Cooperative Society Act, with the Divisional Joint