MUDHOL PATTINA SAHAKARI SANGH NIYAMITA,MUDHOL vs. INCOME TAX OFFICER WARD-1, BAGALKOT
In the result, appeal filed by the assessee is allowed for statistical purposes
ITA 715/BANG/2023[2017-2018]Status: DisposedITAT Bangalore18 Dec 2023AY 2017-2018
Bench: Shri George George Kassessment Year : 2017-18 M/S. Mudhol Pattina Sahakari Sangh Niyamita, Vs. Acit, Gokul Complex, Gandhi Circle, Mudhol, Circle – 1, Mudhol Dist, Bagalkot – 587 313, Hassan. Karnataka. Pan : Aaeam 7882 P Appellant Respondent Assessee By : Shri. Veeranna M. Murgod, Ca Revenue By : Shri. Ganesh R Ghale, Advocate, Standing Counsel For Revenue. Date Of Hearing : 18.12.2023 Date Of Pronouncement : 19.12.2023
For Appellant: Shri. Veeranna M. Murgod, CAFor Respondent: Shri. Ganesh R Ghale, Advocate, Standing Counsel for Revenue
Section 115BSection 143(2)Section 143(3)Section 234ASection 234BSection 250Section 68Section 80PSection 80P(2)(a)
68 of the Income Tax Act, 1961, and charging it under section 115BBE at 60 percent tax with 25 percent surcharge, which was brought by amendment on 15.12.2016
(retrospective amendment - after commencement of Assessment Year
2017-18) which is bad in law.
4. Because, the learned Commissioner of Income Tax (Appeals) erred in confirming the interest levied
