M/S. Bafna Jangda Construction, Pune vs. Income-Tax Officer, Pune
In the result, the appeal of the assessee stands allowed
ITA 1052/PUN/2011[2007-08]Status: DisposedITAT Pune29 Jan 2021AY 2007-08
Bench: Shri Inturi Rama Rao, Am & Shri S. S. Viswanethra Ravi, Jm आयकर अपील सं. / Ita No.1052/Pun/2011 िनधा"रण वष" / Assessment Year : 2007-08 Bafna Jangda Construction, C- 314, Business Court, Mukund Nagar, Pune-411037. .......अपीलाथ" / Appellant Pan : Aagfb6141B बनाम / V/S. Ito, Ward- 11(4), ……""यथ" / Respondent Pune. Assessee By : Shri S. N. Puranik Revenue By : Shri Sudhendu Das सुनवाई क" तारीख / Date Of Hearing : 21.01.2021 घोषणा क" तारीख / Date Of Pronouncement : 29.01.2021 आदेश / Order Per Inturi Rama Rao, Am: This Is An Appeal Filed By The Assessee Directed Against The Order Of The Ld. Commissioner Of Income Tax (Appeals)- 1, Pune (‘The Cit(A)’ For Short) Dated 12.01.2011 For The Assessment Year 2007-08. 2. The Appellant Raised The Following Grounds Of Appeal :- “1. Lower Authority Has Erred Both On Facts & On Law In Rejecting Appellant’S Claim U/S 80Ib(10). Same May Please Be Allowed. 2. Lower Authority Has Erred In Excluding The Land Area Of 1,508.49 Sq.Mtrs. For Road Widening. As Total Size Of Plot Of Land Of The Project Is 4,722.45 Sq. Mtrs. As Such More Than One Acre. Hence Appellant Be Declared Eligible For Deduction U/S 80Ib(10). 3. A) Assessee Firm Denies Its Liability To Interest U/S 234B.
For Appellant: Shri S. N. PuranikFor Respondent: Shri Sudhendu Das
Section 143(3)Section 234BSection 80I
…आयकर अपीलीय अिधकरण “बी” "यायपीठ पुणे म" । IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH, PUNE (Through Virtual Court) BEFORE SHRI INTURI RAMA RAO, AM AND SHRI S. S. VISWANETHRA RAVI, JM आयकर अपील सं. / ITA No.1052/PUN/2011 िनधा"रण वष" / Assessment Year : 2007-08 Bafna Jangda Construction, C- 314, Business Court, Mukund Nagar, Pune-411037. .......अपीलाथ" / Appellant PAN : AAGFB6141B बनाम / V/s. ITO, Ward- 11(4), ……""यथ" / Respondent Pune. Assessee by : Shri S. N. Puranik Revenue by : Shri Sudhendu Das सुनवाई क" तारीख / Date of Hearing : 21.01.2021 घोषणा क" तारीख / Date of Pronouncement : 29.01.2021 आदेश / ORDER P…