VIKAS SAHAKARI BANK LTD,,SOLAPUR vs ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE - 2,, SOLAPUR

Income Tax Appellate Tribunal, PUNE BENCH “B”, PUNE – VIRTUAL COURT

Before: SHRI INTURI RAMA RAO & SHRI RAVISH SOOD

For Appellant: Shri Pramod Shingte

For Respondent: Shri S. P. Walimbe

Hearing: 06.01.2022Pronounced: 06.01.2022

ORDER

PER INTURI RAMA RAO, AM:

This is an appeal filed by the assessee directed against the order of ld. Commissioner of Income Tax (Appeals)-7, Pune [‘CIT(A)’ for short] dated 05.09.2018 for the assessment year 2010-11.

Briefly, the facts of the case are that the appellant is a firm engaged in the business of construction of flats and sale & purchase of plots. The return of income for the assessment year 2010-11 was filed on 24.09.2010 declaring total income of Rs.1,03,75,940/-.

VIKAS SAHAKARI BANK LTD,,SOLAPUR vs. ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE - 2,, SOLAPUR