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2 results for “penalty u/s 271”+ Section 80P(2)(d)clear

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Key Topics

Section 80P7Section 80P(2)(a)6Section 80P(2)(d)4Section 142(1)4Section 143(3)3Section 271(1)(c)3Section 40A(3)2Section 2632Deduction2

GUNJA SAMABAY KRISHI UNNAYAN SAMITY LTD,PURULIA vs. PCIT,, ASANSOL

In the result, the appeal of the assessee is allowed

ITA 110/KOL/2021[2016-17]Status: DisposedITAT Kolkata28 Jun 2022AY 2016-17

Bench: Shri Aby T Varkey & Shri Girish Agrawalassessment Year: 2016-17 Gunja Samabay Krishi Pcit, Asansol Unnayan Samity Ltd. Vill. Gunja, Golbera, P.S. Vs. Joypur, Dist. Purulia, Pin. 723103 Pan: Aabag 2110 M (Appellant) (Respondent)

For Appellant: Shri M. Goenka, CAFor Respondent: Shri Sudipta Guha, CIT, DR
Section 142(1)Section 143(3)Section 263Section 80Section 80PSection 80P(2)(a)Section 80P(2)(d)Section 80P(2)(i)

Penalty proceeding u/s 271(1)(c) of the Income Tax Act 1961 is initiated separately for furnishing inaccurate particulars of income to the tune of Rs.5,35,081/-. 7. Disallowance of deduction claimed u/s 80P of the Act. (i) During the year under consideration the assessee has claimed deduction u/s 80P of the Act amounting

NEGUN UNION CO- OP AGRICULTURAL CREDIT SOCIETY LTD,BURDWAN vs. I.T.O WD - 2(2),BURDWAN, BURDWAN

In the result, assessee’s appeal is allowed

ITA 1100/KOL/2013[.2004-05]Status: DisposedITAT Kolkata18 May 2016

Bench: Shri Waseem Ahmed & Shri S.S.Viswanethra Ravi

Section 143(3)Section 271(1)(c)Section 40A(3)Section 80PSection 80P(2)(a)

D E R PER Waseem Ahmed, Accountant Member:- Both appeals by assessee are against the order of Commissioner of Income Tax (Appeals)-Durgapur all dated 31.01.2013. Assessments were framed by ITO Ward-2(2), Burdwan u/s 143(3) of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) vide his orders dated 31.03.2006 & 30.11.2006 for assessment years