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6 results for “disallowance”+ Section 801A(4)(iv)clear

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Key Topics

Section 80I23Section 1549Section 139(1)9Section 143(3)8Section 801A6Section 106Deduction4Section 80A2Section 139(5)2Addition to Income

SANJAY SHANKARRAO JADHAO,AMRAVATI vs. ASSISTANT COMMISSIONER OF INCOME TAX, AMRAVATI CIRCLE, AMRAVATI

In the result, appeal filed by the assessee is allowed

ITA 198/NAG/2023[2016-17]Status: DisposedITAT Nagpur06 May 2024AY 2016-17

Bench: Shri V. Durga Rao & Shri K.M. Roy

For Appellant: Shri K.P. DewaniFor Respondent: Shri Abhay Y. Marathe
Section 143(3)Section 250

section 801A(5) of I.T. Act 1961. 3) The learned A.O. ought to have accepted claim of deduction u/s 801A(4)(iv) of I.T. Act 1961 at Rs. 10,11,059/- as made in the return. 4) The learned CIT(A) erred in upholding the order passed by A.O. disallowing

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, NAGPUR vs. M/S. GONDWAN A ENGINEERS LTD, NAGPUR

In the result, appeal filed by the Revenue is partly allowed

2
ITA 420/NAG/2019[2014-15]Status: DisposedITAT Nagpur14 Aug 2024AY 2014-15

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

For Respondent: Shri Kailash C. Kanojiya
Section 139(1)Section 139(5)Section 8Section 801ASection 801A(4)Section 80ASection 80I

disallowed the said claim on various grounds, but M/s. Gondwana Engineers Ltd. ITA no.420/Nag./2019 mainly on two grounds, firstly, the last date or due date of filing the return of income under section 139(1) for the assessment year 2014-15 was 30/11/2014 and, however the return of income was filed on 01/12/2014. Thus, this return of income

DEPUTY COMMISSIONER OF INCOME TAX CIRCLE -2, NAGPUR vs. M/S SUNFLAG IRON & STEEL CO. LTD. , NAGPUR

In the result, appeal of the Revenue in ITA No

ITA 268/NAG/2018[2010-11]Status: DisposedITAT Nagpur29 Apr 2022AY 2010-11

Bench: Shri Ravish Sood & Shri Jamlappa D Battullआयकरअपीलसं. / Ita Nos. 268 & 269/Nag/2018 "नधा"रणवष" / Assessment Years : 2010-11 & 2011-12 The Deputy Commissioner Of Income Tax, Circle-2, Nagpur. .......अपीलाथ" / Appellant बनाम / V/S. M/S. Sunflag Iron & Steel Co. Ltd. 33, Mount Road, Sadar, Nagpur-440 001 Pan : Aaccs3376C ……""यथ" / Respondent

For Appellant: Shri Rachit Thakar, ARFor Respondent: Shri Pradeep Headoo, CIT-DR
Section 143(3)Section 147Section 148Section 80I

Section 80IA(4)(iv) of the Act, for the reason, 10 DCIT, Circle-2 Vs. M/s. Sunflag Iron & Steel Co. Ltd. ITA Nos. 268 & 269/NAG/2018 that the power plant was an integral part of the steel plant and was not a separate industrial unit. It was observed by the CIT(Appeals) that as the aforesaid view of the Assessing Officer

DEPUTY COMMISSIONER OF INCOME TAX CIRCLE -2, NAGPUR vs. M/S SUNFLAG IRON & STEEL CO. LTD. , NAGPUR

In the result, appeal of the Revenue in ITA No

ITA 269/NAG/2018[2011-12]Status: DisposedITAT Nagpur29 Apr 2022AY 2011-12

Bench: Shri Ravish Sood & Shri Jamlappa D Battullआयकरअपीलसं. / Ita Nos. 268 & 269/Nag/2018 "नधा"रणवष" / Assessment Years : 2010-11 & 2011-12 The Deputy Commissioner Of Income Tax, Circle-2, Nagpur. .......अपीलाथ" / Appellant बनाम / V/S. M/S. Sunflag Iron & Steel Co. Ltd. 33, Mount Road, Sadar, Nagpur-440 001 Pan : Aaccs3376C ……""यथ" / Respondent

For Appellant: Shri Rachit Thakar, ARFor Respondent: Shri Pradeep Headoo, CIT-DR
Section 143(3)Section 147Section 148Section 80I

Section 80IA(4)(iv) of the Act, for the reason, 10 DCIT, Circle-2 Vs. M/s. Sunflag Iron & Steel Co. Ltd. ITA Nos. 268 & 269/NAG/2018 that the power plant was an integral part of the steel plant and was not a separate industrial unit. It was observed by the CIT(Appeals) that as the aforesaid view of the Assessing Officer

DY. C.I.T. CENTRAL CIR.-1(3), NAGPUR vs. SHRI KIRIT SHARAD JOSHI, NAGPUR

In the result, Revenue’s appeal for A

ITA 609/NAG/2016[2007-08]Status: DisposedITAT Nagpur25 Apr 2022AY 2007-08

Bench: Shri Sandeep Gosain & Shri Arun Khodpia

For Appellant: Shri S.C. Thakar, AdvocateFor Respondent: Shri Vitthal M. Bhosale, Jt. CIT–DR
Section 10

disallowed the exemption claimed under section 10(10D) of the Act. From the maturity value of ` 3,40,75,000, the Assessing Officer deducted the surrendered value of ` 87,71,328, on which the assessee had paid taxes on the above amount and brought the balance amount

M/S SMS INFRASTRUCTURE LTD,NAGPUR vs. D.C.I.T. CENTRALCIRCLE 2(3), NAGPUR

In the result, assessee’s appeal is dismissed

ITA 566/NAG/2016[2008-09]Status: DisposedITAT Nagpur03 Jun 2024AY 2008-09

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

For Appellant: Shri Saket BhattadFor Respondent: Shri Abhay Marathe
Section 131Section 132Section 139(1)Section 143(3)Section 154Section 801ASection 80ASection 80I

801A of the Act. The delay in filling the return is not willful and the assessee has not been benefited by filling the return late. M/s. SMS Infrastructure Ltd. ITA no.566/Nag./2016 (3) That any other grounds may be raised during the course of hearing of this appeal.” 3. Facts in brief:- The assessee is a company engaged