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3 results for “section 68”+ Section 80Pclear

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Key Topics

Section 80P(2)(a)8Section 2633Section 80P(2)(vi)2Deduction2Disallowance2

KESLA POULTRY SAHAKARI MY,SUKHTAWA vs. ACIT,CIRCLE ITARSI, ITARSI

In the result, the appeals filed by the assessee are

ITA 654/IND/2017[2013-14]Status: DisposedITAT Indore27 Sept 2019AY 2013-14

Bench: Shri Kul Bharat & Shri Manish Borad

Section 80P(2)(a)Section 80P(2)(vi)

68,222/- u/s 80P(2)(a)(vi) of the Income Tax Act, 1961 (hereinafter called as ‘the Act’). The A.O. on scrutiny, disallowed the claim of deduction u/s 80P(2)(a)(vi) of the Act. Aggrieved against this, the assessee appeared before the Ld. CIT(A), who after considering the submissions of the assessee confirmed the order

KESLA POULTRY SAHAKARI MY.,SUKHTAWA vs. ACIT , CIRCLE , ITARSK

In the result, the appeals filed by the assessee are

ITA 655/IND/2017[2014-15]Status: DisposedITAT Indore27 Sept 2019AY 2014-15

Bench: Shri Kul Bharat & Shri Manish Borad

Section 80P(2)(a)Section 80P(2)(vi)

68,222/- u/s 80P(2)(a)(vi) of the Income Tax Act, 1961 (hereinafter called as ‘the Act’). The A.O. on scrutiny, disallowed the claim of deduction u/s 80P(2)(a)(vi) of the Act. Aggrieved against this, the assessee appeared before the Ld. CIT(A), who after considering the submissions of the assessee confirmed the order

SEWA SAHKARI SAMMITTEE MARYADIT,BEED, MUNDI KHANDWA vs. PCIT-1, INDORE

In the result, appeal by the assesse is allowed

ITA 44/IND/2022[2016-17]Status: DisposedITAT Indore30 Oct 2023AY 2016-17

Bench: Shri Vijay Pal Rao & Shri B.M. Biyanisewa Sahkari Sammittee Pr. Cit-2 Maryadit Beed Indore Vs. Beed Mundi Khandwa (Appellant / Assessee) (Revenue) Pan: Aaufs0703N Assessee By Shri Gagan Tiwari, Ar Revenue By Ms. Simran Bhullar, Cit-Dr Date Of Hearing 05.10.2023 Date Of Pronouncement 30.10.2023

Section 12ASection 138Section 143(3)Section 263

80P and therefore, the cash in hands cannot be considered as income of the assesse. The deeming provisions u/s 68 or 69 can not be invoked in case of assesse society. Once the AO has conducted a due inquiry the commissioner without conducting the inquiry or giving an conclusive finding cannot set aside the order of the AO for fresh