HINGANGHAT NAGRI SAHAKARI PAT SANSTHA,HINGANGHAT vs. INCOME TAX WARD-1, WARDHA

In the result, appeal by the assessee for A

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

80P(1) of the Act. In fact similar view is taken by the Andhra Pradesh High Court in the case of Commissioner of Income Tax-III, Hyderabad v. Andhra Pradesh State Co- operative Bank Ltd., reported in (2011) 200 Taxman 220/12. 8. The appellant craves leave to add, alter, vary omit, substitute or amend the above grounds of appeal

HINGANGHAT NAGRI SAHAKARI PAT SANSTHA,HINGANGHAT vs. INCOME TAX WARD-1, WARDHA

In the result, appeal by the assessee for A

80P(1) of the Act. In\nfact similar view is taken by the Andhra Pradesh High Court in the case of\nCommissioner of Income Tax-III, Hyderabad v. Andhra Pradesh State Co-\noperative Bank Ltd., reported in (2011) 200 Taxman 220/12.\n8. The appellant craves leave to add, alter, vary omit, substitute or amend the\nabove grounds of appeal

ASSTT.COMMISSIONER OF INCOME TAX CIRCLE-5, NAGPUR vs. THE NIRMAL UJWAL CREDIT CO-OP SOCIETY LTD, NAGPUR

In the result, appeal for the A

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

B enlist all payments for which deduction can be claimed on payment bais from gross total income (e.g. deduction u/s. 80C). Part C enlist certain business and sector specific deductions. In present case deduction is claimed under section 80P which falls under Part C of the Chapter VI-A. The Part-A-which lays down mode of computation deduction, stipulates

ASSTT.COMMISSIONER OF INCOME TAX CIRCLE-5, NAGPUR vs. THE NIRMAL UJWAL CREDIT CO-OP SOCIETY LTD, NAGPUR

In the result, appeal filed by the Revenue for the assessment year

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

TDS, details of Bank Accounts and details of various other expenses, etc. The appellant through his AR explained the case from time to time. From the documents submitted and 4 The Nirmal Ujwal Credit Co–operative Society Ltd. A.Y. 2012–13 explanations provided by the appellant, the AO notices that the appellant had earned interest income from Fixed Deposits with