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

Bench: Shri Anadee Nath Misshra & Shri Subhash Malguria

7) of the said section as the claim was not made while filing the return of income. The Ld. CIT (A) has erred in law and on facts by exceeding the powers conferred under section 251 of the IT Act, 1961 by directing the Assessing Officer to verify the claim made by the assessee u/s 80IA which amounts to setting

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)

disallowed the claim of deduction of Rs.4,66,10,927/- under section 80IA of the Act. 7. Before the ld. CIT(A), the assessee filed a detailed submission which, for the sake of clarity, is reproduced hereunder: “That in the relevant year assessee had filed its return of income on 28.11.2014 (within due date of u/s 139(1) of Income

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

801A, 801AB, 801B, 80IC, 80ID or section 80IE". Clause 34 of memorandum to Finance Bill 2021 makes it amply clear that the aforesaid amendment will take effect from 01-04-2021 and will accordingly apply for Assessment year 2021- 22 and subsequent years. Copy of Memorandum to Finance Bill 2021 w. r. t. Clause 34 is at page