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9 results for “disallowance”+ Section 80P(2)(iv)clear

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Key Topics

Section 80P12Section 80P(2)(a)9Deduction8Disallowance8Addition to Income7Section 143(1)6Section 2505Section 805Section 143(3)5Section 154

THE NBI EMPLOYEES CO-OP NON-AGRICULTURAL THRIFT & CREDIT SOCIETY LIMITED ,JALANDHAR vs. PRINCIPAL COMMISIONER OF INCOME TAX-2, JALANDHAR

ITA 275/ASR/2018[2013-14]Status: DisposedITAT Amritsar21 Feb 2022AY 2013-14

Bench: Sh. Ravish Sood & Dr. M. L. Meena

For Appellant: Sh. Ashray Sarna, CAFor Respondent: Shri Sunil Gautam, CIT-DR
Section 143(3)Section 263Section 8Section 80PSection 80P(2)(a)Section 80P(2)(d)

disallowance w.r.t. deduction claimed u/s 8 OP of the Income Tax Act, 1961 and the same was required to be added to your income. iii. As per provisions of section 80P(2)(d) of the Income Tax Act, 1961, the Co¬ operative Society is provided deduction under said section in respect of income of the Co¬operative Society

4
Section 1474

THE JASSOMAZARA COOP MULTIPUPOSE SOCIETY LIMITED,NAWANSHAHAR vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-2, JALANDHAR

In the result, all the four appeal of the assessee are allowed for statistical purpose

ITA 515/ASR/2024[2018-19]Status: DisposedITAT Amritsar30 Jun 2025AY 2018-19

Bench: Sh. Udayan Dasgupta & Sh. Krinwant Sahay(Hybrid Hearing) I.T.A. Nos. 513 To 516/Asr/2024 Assessment Years: 2013-14, 2017-18, 2018-19 & 2020-21

Section 147Section 148Section 250Section 80Section 80PSection 80P(2)(a)

iv), and 80P(2)(c ) (ii), without submitting any details of claim relating to deduction under section 80P(2)(d) of the Act 61, ( as per narration of the AO in para – 5 of the order ) , I.T.A. Nos. 513 to 516/Asr/2024 Assessment Years: 2013-14, 2017-18, 2018-19 and 2020-21 5 which the Ld AR of the assessee

THE JASSOMAZARA COOP MULTIPUPOSE SOCIETY LIMITED,NAWANSHAHAR vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-2, JALANDHAR

In the result, all the four appeal of the assessee are allowed for statistical purpose

ITA 514/ASR/2024[2017-18]Status: DisposedITAT Amritsar30 Jun 2025AY 2017-18

Bench: Sh. Udayan Dasgupta & Sh. Krinwant Sahay(Hybrid Hearing) I.T.A. Nos. 513 To 516/Asr/2024 Assessment Years: 2013-14, 2017-18, 2018-19 & 2020-21

Section 147Section 148Section 250Section 80Section 80PSection 80P(2)(a)

iv), and 80P(2)(c ) (ii), without submitting any details of claim relating to deduction under section 80P(2)(d) of the Act 61, ( as per narration of the AO in para – 5 of the order ) , I.T.A. Nos. 513 to 516/Asr/2024 Assessment Years: 2013-14, 2017-18, 2018-19 and 2020-21 5 which the Ld AR of the assessee

THE JASSOMAZARA COOP MULTIPUPOSE SOCIETY LIMITED,NAWANSHAHR vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-2, JALANDHAR

In the result, all the four appeal of the assessee are allowed for statistical purpose

ITA 513/ASR/2024[2013-14]Status: DisposedITAT Amritsar30 Jun 2025AY 2013-14

Bench: Sh. Udayan Dasgupta & Sh. Krinwant Sahay(Hybrid Hearing) I.T.A. Nos. 513 To 516/Asr/2024 Assessment Years: 2013-14, 2017-18, 2018-19 & 2020-21

Section 147Section 148Section 250Section 80Section 80PSection 80P(2)(a)

iv), and 80P(2)(c ) (ii), without submitting any details of claim relating to deduction under section 80P(2)(d) of the Act 61, ( as per narration of the AO in para – 5 of the order ) , I.T.A. Nos. 513 to 516/Asr/2024 Assessment Years: 2013-14, 2017-18, 2018-19 and 2020-21 5 which the Ld AR of the assessee

THE JASSOMAZARA COOP MULTIPUPOSE SOCIETY LIMITED,NAWANSAHAR vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-2, JALANDHAR

In the result, all the four appeal of the assessee are allowed for statistical purpose

ITA 516/ASR/2024[2020-21]Status: DisposedITAT Amritsar30 Jun 2025AY 2020-21

Bench: Sh. Udayan Dasgupta & Sh. Krinwant Sahay(Hybrid Hearing) I.T.A. Nos. 513 To 516/Asr/2024 Assessment Years: 2013-14, 2017-18, 2018-19 & 2020-21

Section 147Section 148Section 250Section 80Section 80PSection 80P(2)(a)

iv), and 80P(2)(c ) (ii), without submitting any details of claim relating to deduction under section 80P(2)(d) of the Act 61, ( as per narration of the AO in para – 5 of the order ) , I.T.A. Nos. 513 to 516/Asr/2024 Assessment Years: 2013-14, 2017-18, 2018-19 and 2020-21 5 which the Ld AR of the assessee

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

disallowing failed to appreciate that the provisions of section 80P(2)(a)iv were duly applicable to the rent charges

THE MAHIL GAILAN COOPERATIVE AGRICULTURE SERVICE SOCIETY LIMITED,MAHIL GAILAN, SBS NAGAR vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-1, JALANDHAR

In the result, the appeal of the assessee is allowed for statistical purposes

ITA 106/ASR/2024[2021-22]Status: DisposedITAT Amritsar07 Jul 2025AY 2021-22

Bench: Sh. Udayan Dasgupta & Sh. Brajesh Kumar Singh

For Appellant: Sh. Aditya Sharma, C.A
Section 143(1)Section 154Section 250Section 36Section 36(1)(VA)Section 37(1)Section 80PSection 80P(2)Section 80P(2)(d)

iv) P & L account (Interest and dividend income) (ii) 5ii of BFLA (BP) + 5xiii of BFLA(OS). Hence deduction u/s 80P, SI. No. 11 was rightly restricted minimum of above 2.Thus, the disallowance of claim of deduction u/s 80P of the Act of Rs. 86,89,271/- is confirmed.” 5. Now, the assessee is in appeal before the Tribunal

THE HOSHIARPUR CENTRAL COPREATIVE -BANK,HOSHIARPUR vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE HOSHIARPUR, HOSHIARPUR

In the result, ground no. 1 of the assessee has not pressed, ground no-3 is

ITA 625/ASR/2019[2016-17]Status: DisposedITAT Amritsar25 Aug 2022AY 2016-17

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

Section 143(3)Section 250(6)Section 36Section 36(1)(vii)Section 40a

disallowance as made by the AO, the ld. CIT(A) observed that the assessee is not eligible in deduction of the second limb of section 36(1)(viia) of the Act which concerns itself with deduction computed @ 10% of aggregate average advance made rural branches of the assessee. To keeping in view, amended provision to section

THE NAKODAR PRIMARY COOPERATIVE AGRICULTURE DEVELOPMENT BANK LIMITED,JALANDHAR vs. INCOME TAX OFFICER WARD, NAKODAR

In the result, the appeal of the assessee bearing ITA No

ITA 63/ASR/2023[2019-20]Status: DisposedITAT Amritsar30 May 2023AY 2019-20

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

Section 143Section 143(1)Section 154Section 250oSection 40A(7)Section 80P

2. That in the facts and circumstances of the case and in law, the NFAC erred in confirming the order passed by learned AO as no opportunity as provided in section 154 was provided to the assesse which had the impact of enhancing the assessment made under section 143(1). 3. That in the facts and circumstances of the case