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

10 of the Paper book. It is prayed that the provisions of section 143(1)(a)(ii) state as under :- "An incorrect claim if such incorrect claim is apparent from any information in the return" It is further prayed that in the Explanation to section 143(1), the Act has layed out the situations which shall be considered

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

In the result, the appeal of the assessee is allowed

801B read with section 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

M/S MODEL EXIM,KANPUR vs. THE PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL), KANPUR

In the result, the appeal of the assessee is allowed

Bench: Shri Anadee Nath Misshra & Shri Subhash Malguriam/S. Model Exim Pcit (Central) V. 624-C, Defence Colony, 7/81-B, Tilak Nagar, Jajmau, Kanpur-208010. Kanpur. Pan:Aadfm6163H (Appellant) (Respondent) Appellant By: Shri Swaran Singh, C.A. Respondent By: Smt Namita S. Pandey, Cit(Dr) Date Of Hearing: 29 10 2024 Date Of Pronouncement: 05 11 2024 O R D E R

801B of the IT Act, 1961. On examination of record, it is seen that the assessee has claimed a deduction of Rs.7,47,500/- u/s 80IB, it is further seen that the date of formation of firm is 01-04-1996, which is more than 10 years of claiming of said deduction. As per provisions of sub-sections