Search: disallowance

1 result for “disallowance”+ Section 80Jclear

Sorted by relevance

Mumbai106 Delhi71 Bangalore63 Raipur47 Chennai33 Surat28 Ahmedabad15 Kolkata13 Indore13 Rajkot12 Pune11 Karnataka7 Jaipur7 Jodhpur5 Varanasi3 SC3 Telangana3 Chandigarh2 Lucknow1 Amritsar1 Nagpur1

Key Topics

Section 80P(2)2 Section 80P2

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

ITA 390/NAG/2019[2012-13]Status: HeardITAT Nagpur27 Nov 2024AY 2012-13

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(1)Section 143(2)Section 80PSection 80P(2)

disallowance on certain premises that in the light of the principles enunciated by the Supreme Court in Totgars Co- operatives Sale Society (Supra). The AO has opined that assessee is having surplus funds which the assessee has invested in term deposits with the banks and on such investment interest accrued to the assessee. In view of the Assessing Officer, such