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
ITA 391/NAG/2019[2014-15]Status: HeardITAT Nagpur27 Nov 2024AY 2014-15
Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member
For Appellant: Shri Manoj G. MoryaniFor Respondent: Shri Vikash Agrawal
Section 139(1)Section 143(2)Section 143(3)Section 36(1)(viia)Section 80PSection 80P(2)
section 80P. Therefore, the disallowance made by the Assessing Officer on this count is dismissed.
8.0
Ground No. 3 : The another addition pertains to disallowance of expenditures on pigmy machines. The appellant has debited Rs.
18,84,568/- towards the purchase of Pigmy Machines. The Assessing
Officer contended that the expenditure towards purchase of pigmy machines are in the nature