THE MALKAPUR URBAN CO-OPT .BANK LTD ,AKOLA vs. ASSISTANT COMMISSIONER OF INCOME TAX ALOLA CIRCLE ,AKOLA , AKOLA
In the result, the appeal filed by the assessee stands partly allowed for statistical purposes
ITA 334/NAG/2017[2013-2014]Status: DisposedITAT Nagpur18 Oct 2023AY 2013-2014
Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Raviआयकर अपील सं. / Ita No.334/Nag/2017 िनधा"रण वष" / Assessment Year : 2013-14 The Malkapur Urban Co-Op. Vs. Acit, Akola Circle, Bank Ltd., Akola. K.N.D. & Associates, 502- 503, Satyam Apartment, Wardha Road, Dhantoli, Nagpur- 440012. Pan : Aaalt0274E Appellant Respondent Assessee By : None Revenue By : Shri Vijay Kumar Subramanyam Date Of Hearing : 16.10.2023 Date Of Pronouncement : 18.10.2023 आदेश / Order Per Inturi Rama Rao, Am: This Is An Appeal Filed By The Assessee Directed Against The Order Of Ld. Commissioner Of Income Tax (Appeals)- 1, Nagpur [‘The Cit(A)’] Dated 08.05.2017 For The Assessment Year 2013-14. 2. Briefly, The Facts Of The Case Are That The Appellant Is A Co- Operative Society Registered Under The Maharashtra Co-Operative Societies Act, 1960. It Is Formed For The Purpose Of Banking Business. The Return Of Income For The Assessment Year 2013-14 Was Filed On 22.09.2013 Declaring Total Income Of Rs.8,00,56,920/-.
For Appellant: NoneFor Respondent: Shri Vijay Kumar Subramanyam
Section 143(3)Section 36(1)(viia)
disallowed the depreciation on software of Rs.90,024/-.
3. Being aggrieved by the above disallowances, an appeal was filed before
