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2 results for “condonation of delay”+ Section 36(1)(viia)clear

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Key Topics

Section 80P(2)(a)4Section 80P2Section 143(3)2Deduction2Disallowance2

C & K MANAGEMENT LIMITED ,SECUNDERABAD vs. INCOME TAX OFFICER, WARD-1(3), HYDERABAD

In the result, appeal of the assessee is partly allowed for statistical purposes in above terms

ITA 1918/HYD/2018[2013-14]Status: DisposedITAT Hyderabad27 Sept 2021AY 2013-14

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahuassessment Year: 2013-14 C&K Management Ltd., Vs. Income-Tax Officer, Secunderabad. Ward – 1(3), Hyderabad. Pan – Aabcc 4481D (Appellant) (Respondent) Assessee By: Shri J. Maruthi Raghuram Revenue By: Shri Sunku Srinivas Date Of Hearing: 09/09/2021 Date Of Pronouncement: 04/10/2021 O R D E R Per L.P. Sahu, A.M.: This Appeal Filed By The Assessee Is Directed Against Cit(A) - 1, Hyderabad’S Order Dated 04/05/2018 For Ay 2013-14 Involving Proceedings U/S 143(3) Of The Income Tax Act, 1961 ; In Short “The Act, On The Following Grounds Of Appeal: “1. On The Facts & Circumstances Of The Case, The Order Of The Ld. Cit(A) & Ld. Ao Is Contrary To Law & Facts Of The Case. 2. The Ld. Ao Disallowed Rs.58,170/-W.R.T Pf & Esi Payments Stating This Amount Is Not Paid Before The Due

For Appellant: Shri J. Maruthi RaghuramFor Respondent: Shri Sunku Srinivas
Section 115JSection 143(1)Section 143(3)Section 36Section 36(1)(vii)
Section 37
Section 43B

Section 43B by inserting corresponding Explanations that although the impugned employees provident fund comes under the former provision only, the same is :- 6 -: C&K Management Ltd., Sec’bad. applicable from 01-04-2021 onwards. Meaning thereby that the legislature itself has condoned the impugned default before 01-04-2021. We thus delete the impugned employees provident fund disallowance

SREE KANYAKA MUTUALLY AIDED CO-OP THRIFT CREDIT AND MARKETG. SOCIETY LIMITED,HINDUPUR vs. INCOME TAX OFFICER, WARD 1, HINDUPUR

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

ITA 224/HYD/2024[2018-19]Status: DisposedITAT Hyderabad22 Jul 2024AY 2018-19

Bench: Shri Laliet Kumar, Hon’Ble & Shri Madhusudan Sawdia

For Appellant: Shri D. Shree Raksha, CAFor Respondent: Shri Shakeer Ahamed, DR
Section 143(3)Section 56Section 80PSection 80P(2)(a)

condone the delay and admit the appeal for hearing. ITA No.224/Hyd/2024 for A.Y. 2018-19 5. Facts of the case, in brief, are that the assessee is a Co- op Society which is carrying on the business of banking and providing credit facilities to its members, which is registered under the Andhra Pradesh Mutually Aided Co-operative Societies