SHANTADURGA MULTI PURPOSE SOUHARDA SAHAKARI NIYAMIT,BELAGAVI vs. INCOME TAX OFFICER, WARD -M 2, BELAGAVI
In the result, the appeal filed by the assessee is allowed for statistical purposes
ITA 205/PAN/2025[2018-19]Status: DisposedITAT Panaji12 Feb 2026AY 2018-19
Bench: Shri Pavan Kumar Gadale & Shri G D Padmahshalii T A. No.205/Pan/2025 (A.Y. 2018-19 ) Shantadurgamultipurpose Vs I T O, Souharda Sahakari Niyamit, National E Assessment . Shop.No.13/14,Mangaldeep Centre, Apartments, Opp:Herwadkar, Delhi. Belgaum-590006, Karnataka. . Pan .No. Aahas7562F (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent)
Section 80P(2)(a)
TDS u/sec194IA(P) of the Act was deducted and (ii) purchase of units of mutual funds are done by the assesse in the F.Y.2017-18 and the assesse has not filed the return of income for the A.Y.2018-19. The Assessing officer (A.O) has reason to believe that the income has escaped the assessment and issued notice u/sec148