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2 results for “section 68”+ Section 172(3)clear

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Key Topics

Section 80P10Section 1488Section 1474Section 2502Section 143(2)2Deduction2TDS2Disallowance2Addition to Income2Limitation/Time-bar

BRAHTAKAR KRISHI SAKH SAHAKARI SAMITI MARYADIT,SAHAJPUR vs. INCOME TAX OFFICER WARD 1(2), JABALPUR

In the result, all the three appeals in ITA Nos

ITA 149/JAB/2025[2013-14]Status: DisposedITAT Jabalpur28 Aug 2025AY 2013-14

Bench: SH. KUL BHARAT, VICE PRESIDENT AND SH. NIKHIL CHOUDHARY (Accountant Member)

For Appellant: Sh. Sapan Usrethe, Advocate & ShFor Respondent: Sh. Alok Bhura, Sr. DR
Section 143(2)Section 147Section 148Section 250Section 80P

3. The learned Commissioner of Income tax (Appeal) NFAC was not justified in confirming the addition of Rs.56,36,216 which was made by the AO being the difference between interest from Members & others amounting to Rs. 1,25,08,172/- as against shown in the return of income filed at Rs. 68,71,956 without appreciating that appellant

2

BRAHTAKAR KRISHI SAKH SAHAKARI SAMITI MARYADIT,SAHAJPUR vs. INCOME TAX OFFICER WARD 1(2), JABALPUR

In the result, all the three appeals in ITA Nos

ITA 151/JAB/2025[2015-16]Status: DisposedITAT Jabalpur28 Aug 2025AY 2015-16

Bench: SH. KUL BHARAT, VICE PRESIDENT AND SH. NIKHIL CHOUDHARY (Accountant Member)

For Appellant: Sh. Sapan Usrethe, Advocate & ShFor Respondent: Sh. Alok Bhura, Sr. DR
Section 143(2)Section 147Section 148Section 250Section 80P

3. The learned Commissioner of Income tax (Appeal) NFAC was not justified in confirming the addition of Rs.56,36,216 which was made by the AO being the difference between interest from Members & others amounting to Rs. 1,25,08,172/- as against shown in the return of income filed at Rs. 68,71,956 without appreciating that appellant