M/S. APCO INFRATECH PVT. LTD.,,LUCKNOW vs. ACIT-I, LUCKNOW

In the result, appeals vide I

Section 801A on account of interest earned\nshould be disallowed.\n\nIn view of the above discussion and judicial precedents

ASTT. COMMISIONER OF INCOME TAX, LUCKNOW vs. M/S APCO INFRATECH PVT. LTD., LUCKNOW

In the result, appeal of the Revenue and Cross Objection of the assessee are dismissed, as indicated above

Bench: Shri G. D. Padamahshali & Shri Subhash Malguriaassessment Year: 2014-15 The Asstt. Commissioner V. M/S Apco Infratech Pvt. Ltd Of Income Tax B-9, Vibhuti Khand Central Circle Ii Gomti Nagar Lucnow Lucknow Pan:Aadca5639H (Appellant) (Respondent) C.O. No.19/Lkw/2017 [In Ita No.66/Lkw/2017] Assessment Year: 2014-15 M/S Apco Infratech Pvt. Ltd V. The Asstt. Commissioner Of B-9, Vibhuti Khand Income Tax Gomti Nagar Central Circle Ii Lucknow Lucnow Pan:Aadca5639H (Cross Objector) (Respondent)

801A 4(1). The relevant circular is reproduced hereunder Section 80 IA (4) (i) provides for a deduction to an undertaking engaged in developing, or operating and maintaining, or developing, operating and maintaining any infrastructure facility subject to satisfaction of the conditions laid down in the section. The Explanation to section 80-IA (4) ITA No.66/LKW/2017 & C.O. No.19/lkw/2017 Page

VIDYUT TRANSMISSION KARMACHARI VETAN BHOGI CREDIT COOPERATIVE SOCIETY,LUCKNOW vs. CPC BANGALORE/ITO-2(1), LUCKNOW

Appeal of the assessee is partly allowed for statistical

Bench: Shri Kul Bharat & Shri Anadee Nath Misshra

section 143(1)(a) is a specific clause for making adjustment by way of "disallowance of deduction", if the return of income is furnished beyond the due date specified u/s 139(1) of the Act. The said clause (v) specifies that disallowance of deduction claimed u/s 10AA, 801A

M/S ALLAHDAD TANNERY,KANPUR vs. DY. COMMISSIONER OF INCOME TAX-I, KANPUR

In the result, the appeal of the assessee is allowed

801A (9) /80IB (13) specifically provided\nthat where any amount of profits and gains of any Industrial taking of an\nassessee is claimed and allowed u/s 80IA for any assessment year, in\nsuch a situation deduction to the extent of such profits and gain shall not be\nallowed under any of sections 80HH to 8ORRA. That is the deduction