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4 results for “disallowance”+ Section 272A(2)(e)clear

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Key Topics

Section 80P14Section 143(1)6Section 10A6Section 143(3)5Section 683Deduction3Disallowance3Section 272A(1)(d)2Section 143(1)(a)2Section 139

ACIT, CIRCLE - 3, ASANSOL, ASANSOL vs. M/S. SANJAY TRANSPORT AGENCY, BURDWAN

In the result, the appeal of revenue is partly allowed

ITA 1627/KOL/2011[2008-09]Status: DisposedITAT Kolkata20 Nov 2015AY 2008-09

Bench: Shri Mahavir Singh, Jm & Shri Waseem Ahmed, Am]

For Appellant: Shri Debasish Roy, JCITFor Respondent: Shri Sunil Kumar Sarana, FCA
Section 133(6)Section 143(3)Section 68

e Opening Balance Addition Interest TDS Closing No. Balance 1. Bina Chaudhury 0 400,000 395 0 400,395/- 2. Brijmohan Tibrewal 0 350,000 394 0 350,345/- The AO required the assessee to provide the names, address along with evidence to prove the creditworthiness of the above unsecured loans and both the creditors have confirmed giving above loans

PAIRAGACHA COOPERATIVE CREDIT SOCIETY LIMITED,PAIRAGACHA vs. ITO, HOOGHLY

2
Penalty2
Limitation/Time-bar2

In the result, both the appeals of the assessee are allowed

ITA 668/KOL/2023[2018-2019]Status: DisposedITAT Kolkata31 Jan 2024AY 2018-2019

Bench: Shri Sanjay Garg & Shri Girish Agrawal

For Appellant: Shri Alokesh Kundu, AdvocateFor Respondent: Shri Amuldeep Kaur, JCIT
Section 10ASection 139Section 143(1)Section 143(1)(a)Section 143(3)Section 272A(1)(d)Section 80ASection 80ISection 80P

2 That the action of the AO in disallowance in intimation u/s. 143(1) of claim u/s. 80P which is a debatable issue and requires scrutinisation and verification is unlawful and unjustified. 3. That the disallowance of claim u/s. 80P in pursuance to deduction under Chapter VIA in intimation under section 143(1) even after allowing in scrutiny assessment proceeding

PAIRAGACHA COOPERATIVE CREDIT SOCIETY LIMITED,PAIRAGACHA vs. ITO, HOOGHLY

In the result, both the appeals of the assessee are allowed

ITA 669/KOL/2023[2019-2020]Status: DisposedITAT Kolkata31 Jan 2024AY 2019-2020

Bench: Shri Sanjay Garg & Shri Girish Agrawal

For Appellant: Shri Alokesh Kundu, AdvocateFor Respondent: Shri Amuldeep Kaur, JCIT
Section 10ASection 139Section 143(1)Section 143(1)(a)Section 143(3)Section 272A(1)(d)Section 80ASection 80ISection 80P

2 That the action of the AO in disallowance in intimation u/s. 143(1) of claim u/s. 80P which is a debatable issue and requires scrutinisation and verification is unlawful and unjustified. 3. That the disallowance of claim u/s. 80P in pursuance to deduction under Chapter VIA in intimation under section 143(1) even after allowing in scrutiny assessment proceeding

BISWANATH AGARWALA,KOLKATA vs. ACIT, CIRCLE - 43, KOLKATA, KOLKATA

In the result, the appeal of the assessee is allowed

ITA 1843/KOL/2018[2013-14]Status: DisposedITAT Kolkata19 Dec 2018AY 2013-14

Bench: "ी ऐ. ट". वक", "यायीक सद"य) [Before Shri A. T. Varkey, Jm] I.T.A. No. 1843/Kol/2018 Assessment Year: 2013-14

Section 37Section 40

272A(2)(f), for which separate provision/procedure was prescribed under the Act. However, once Form 15G/Form 15H was received by the person responsible for deducting tax, there is no liability to deduct tax. Once there is no liability to deduct tax, it cannot be considered that tax is deductible at source under Chapter XVII-B as prescribed u/s.40