THE BHANOKI CO-OP.AGRI.MULTIPUPOSE SOCIETY LTD, ,PHAGWARA vs. DEPUTY COMMISSIONER OF INCOME ATX , PHAGWARA
In the result, appeal of the assessee is allowed
ITA 588/ASR/2017[2011-12]Status: DisposedITAT Amritsar16 Jan 2019AY 2011-12
Bench: Sh. N. K. Saini, Hon’Bleita No. 588/Asr./2017 : Asstt. Year : 2011-12 The Bhanoki Co-Op, Agri, Vs Dcit, Phagwara Multipurpose Society Ltd., Vpo Bhanoki, Phagwara (Appellant) (Respondent) Pan No. Aadat0546N Assessee By : Sh. Y.K. Sud, Ar Revenue By : Sh. M.S. Parmar, Dr Date Of Hearing : 15.01.2019 Date Of Pronouncement : 16.01.2019
For Appellant: Sh. Y.K. Sud, ARFor Respondent: Sh. M.S. Parmar, DR
Section 80
condon the delay and the appeal is admitted.
6. Following grounds have been raised in this appeal:
“1. That the CIT(A) was not justified in sustaining the disallowance of Rs. 177069/- made by the AO u/s80-P of the Income Tax Act, 1961. 2. That CIT(A) while sustaining the disallowing failed to appreciate that the provisions of section 80P