SHRI JULIO D'COSTA,CAVELOSIM, GOA vs. INCOME TAX OFFICER, WARD -2, MARGAO

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

Bench: Shri Pavan Kumar Gadalei T A. Nos.158 &159/Pan/2019 (A.Y. 2015-16 ) Shri.Julio D Costa, Vs Ito-Ward-2, H.No.337,Mobor,Cavelossim, Blessings Pioneer Salcete,Goa-403731. Complex, (Pan:Aewpd6709F) Old Market, Margoa-403601,Goa. Smt.Bertha D Costa, Ito-Ward-2, Vs H.No.337,Mobor,Cavelossim, Blessings Pioneer Salcete,Goa-403731. . Complex, (Pan:Aewpd6748N) Old Market, Margoa-403601,Goa. (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) Assessee By Shri.Shrinivas Nayak.Ar Revenue By Smt.Manju Thakur.Sr.Dr सुनवाई की तारीख/Date Of Hearing 09.09.2025 घोषणा की तारीख/Date Of Pronouncement 15.09.2025 Order Per Pavan Kumar Gadale, Jm: These Two Appeals Are Filed By The Assesses (Husband & Wife) Against The Separate Orders Of The Cit(A) -1 Panaji Passed U/Sec143(3) & U/Sec 250 Of The Act. The Assesses Are Governed By The Portuguese Civil Code & Provisions Of Section 5A Of The Act. 2. Since The Issues Involved In These Two Appeals Are Common & Identical, Hence They Are Clubbed, Heard & Aconsolidated Order Is Passed. For The Sake Of Convenience

250 of the Act. The assesses are governed by the Portuguese civil code and provisions of section 5A of the Act. 2. Since the issues involved in these two appeals are common and identical, hence they are clubbed, heard and aconsolidated order is passed. For the sake of convenience, 2 ITA. No.158&159/PAN/2019 Shri.Julio D Costa & Smt Bertha D Costa

SMT BERTHA D'COSTA,CAVELOSSIM, GOA vs. INCOME TAX OFFICER, WARD -2, MARGAO

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

Bench: Shri Pavan Kumar Gadalei T A. Nos.158 &159/Pan/2019 (A.Y. 2015-16 ) Shri.Julio D Costa, Vs Ito-Ward-2, H.No.337,Mobor,Cavelossim, Blessings Pioneer Salcete,Goa-403731. Complex, (Pan:Aewpd6709F) Old Market, Margoa-403601,Goa. Smt.Bertha D Costa, Ito-Ward-2, Vs H.No.337,Mobor,Cavelossim, Blessings Pioneer Salcete,Goa-403731. . Complex, (Pan:Aewpd6748N) Old Market, Margoa-403601,Goa. (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) Assessee By Shri.Shrinivas Nayak.Ar Revenue By Smt.Manju Thakur.Sr.Dr सुनवाई की तारीख/Date Of Hearing 09.09.2025 घोषणा की तारीख/Date Of Pronouncement 15.09.2025 Order Per Pavan Kumar Gadale, Jm: These Two Appeals Are Filed By The Assesses (Husband & Wife) Against The Separate Orders Of The Cit(A) -1 Panaji Passed U/Sec143(3) & U/Sec 250 Of The Act. The Assesses Are Governed By The Portuguese Civil Code & Provisions Of Section 5A Of The Act. 2. Since The Issues Involved In These Two Appeals Are Common & Identical, Hence They Are Clubbed, Heard & Aconsolidated Order Is Passed. For The Sake Of Convenience

250 of the Act. The assesses are governed by the Portuguese civil code and provisions of section 5A of the Act. 2. Since the issues involved in these two appeals are common and identical, hence they are clubbed, heard and aconsolidated order is passed. For the sake of convenience, 2 ITA. No.158&159/PAN/2019 Shri.Julio D Costa & Smt Bertha D Costa

BARDC BANK,BHATKAL vs. NATIONAL FACELESS ASSESSMENT CENTRE, DELHI

In the result, the appeal filed by assessee is allowed

Bench: Shri Pavan Kumar Gadale & Shri G D Padmahshalii T A. Nos.294/Pan/2024 (A.Y. 2013-14) Bardc Bank Bhatkal, Vs National E – Pld Bank, Main Road, Assessment Centre . Uttara Kannada, Delhi-110001 Bhatkal S.O. Karnataka-581320. Pan .No. Aaaap1731G (अपीलाथ"/Appellant) (""यथ"/Respondent)

250 of the Act.(i) the assesse has raised the grounds of appeal challenging the order of the CIT(A) sustaining denial of deduction u/sec80P of the Act made by the Assessing Officer. (ii) the assesse has filed the additional ground of appeal challenging the validity of issue of notice u/sec148 of the Act. 2. The brief facts

DEMPO INDUSTRIES PRIVATE LIMITED,PANAJI vs. INCOME TAX OFFICER, WARD -1(2), PANAJI

The appeal of the assessee is ALLOWED in above terms

Bench: Hon’Ble Shri S. S. Godara & Shri G. D. Padmahshali(Through Virtual Hearing At Pune) आयकर अपील सं. / Ita No. 131/Pan/2019 धििाारण वर्ा / Assessment Year : 2010-11 Dempo Industries Pvt. Ltd., Dempo House, Campal, Panaji, Goa - 403001 Pan: Aaacu1745F . . . . . . . अपीलार्थी / Appellant

250 of the Income-tax Act, 1961 [‘the Act’ in short] which in turn arisen out of the assessment order dt. 29/03/2016 passed u/s 143(3) r.w.s. 263 of the Act by the Income Tax Officer, Ward-1(2), Panaji Goa [‘AO’ in short]. ITAT-Panaji Page 1 of 5 Dempo Industries Pvt. Ltd., ITA No.131/PAN/2019

PEDNE TALUKA FARMERS SERVICE CO-OPERATIVE SOCIETY LIMITED,PEDNE vs. INCOME TAX OFFICER, WARD - 2(2), PANAJI

In the result, the appeal filed by the assessee is allowed for statistical purposes

Bench: Shri Pavan Kumar Gadalei T A. No.198/Pan/2025 (A.Y. 2014-15) Pende Taluka Farmers Service Vs I T O Ward2(2), Co-Operative Society Limited, Aaykar Bhavan, . Sahakar Bhawan, Edc, Patto, Pernem, Panjim Goa-403512. Goa-403001. Pan .No. Aaaap0651P (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent) Assessee By Shri.Arun .F.Naik.Ar Revenue By Shri.Guru Kumar.S.Sr.Dr सुनवाई की तारीख/Date Of Hearing 22.09.2025 घोषणा की तारीख/Date Of Pronouncement 23.09.2025 Order Per Pavan Kumar Gadale, Jm: The Appeal Is Filed By The Assesse Against The Order Of The Addl/Jcit (A)-12 Mumbai Passed U/Sec 143(3) & U/Sec 250 Of The Act. 2. At The Time Of Hearing, The Ld.Ar Submitted That There Is A Delay Of 154 Days In Filing The Appeal Before The Hon’Ble Tribunal & The Assesse Has Filed The Application & Affidavit For Condonation Of Delay. Whereas, The Facts Mentioned In The Affidavit Are Reasonable & Sufficient Cause Is Explained & The Ld. Dr Has No Specific Objections. Accordingly, Condone The Delay & Admit The Appeal. The Assessee Has Raised The Grounds Of Appeal

250 of the Act. 2. At the time of hearing, the Ld.AR submitted that there is a delay of 154 days in filing the appeal before the Hon’ble Tribunal and the assesse has filed the application and affidavit for condonation of delay. Whereas, the facts mentioned in the affidavit are reasonable and sufficient cause is explained

SALGAOCAR MINING INDUSTRIES PVT. LTD,PANAJI vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE - 1, MARGAO

The appeal of the assessee is PARTLY ALLOWED in aforestated terms

Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshaliassessment Years: 2006-2007 M/S Salgaocar Mining Industries Pvt Ltd. Salgaonkar Bhava, Altino, Panaji, Goa-403001. Pan: Aabcs8862N . . . . . . . Appellant V/S Dy. Commissioner Of Income Tax, Circle-1, Margao, Goa. . . . . . . . Respondent Represented Assessee By: Mr Sukhsagar Syal [‘Ld. Ar’] Revenue By: Ms Rijjula Uniyal [‘Ld. Dr’] Date Of Conclusive Hearing : 20/01/2026 Date Of Pronouncement : 29/01/2026 Order Per G. D. Padmahshali; This Assessee’S Appeal Filed U/S 253(1) Of The Income- Tax Act, 1961 [‘The Act’] Impugns The Order Dt. 20/03/2025 Passed U/S 250 Of The Act By Commissioner Of Income Tax(Appeals-2), Panaji [‘Ld. Cit(A)’] Which In Turn Dealt With Order Dt. 20/12/2011 Passed U/S 144 Of The Act By Dcit, Circle-1, Margao Goa [‘Ld. Ao’] Anent To Assessment Year 2006-07.[‘Ay’]

250 of the Act by Commissioner of Income Tax(Appeals-2), Panaji [‘Ld. CIT(A)’] which in turn dealt with order dt. 20/12/2011 passed u/s 144 of the Act by DCIT, Circle-1, Margao Goa [‘Ld. AO’] anent to assessment year 2006-07.[‘AY’] ITAT-Panaji Page 1 of 16 M/s Salgaocar Mining Industries Pvt Ltd. Vs DCIT

SURAJDATTA SAGUN MORAJKAR,NERUL vs. ASST. COMMISSIONER OF INCOME TAX, CIRCLE-1(1), PANAJI GOA, PANAJI

Bench: Hon’Ble Shri Pavankumar Gadale & Shri G. D. Padmahshaliita Nos. 122/Pan/2024 Assessment Year : 2017-18 Surajdatta Sagun Morajkar C/O. Sun Estate Developers, Next To Sal De Goa, Bhatti Waddo, Bardez, Goa-403114 Pan : Aempm7614J . . . . . . . Appellant

250 of which in turn arises out of assessment order dt. 31/12/2019 passed u/s 143(3) of the Act by the Asstt. Commissioner of Income Tax, Circle-2(1), Panaji Goa [‘Ld. AO’] for assessment year 2017-18, [‘AY’]. ITAT-Panaji Page 1 of 7 Surajdatta Sagun Morajkar Vs ACIT ITA Nos.122/PAN/2024 AY: 2017-18 2. Briefly stated facts

THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2 (1), PANAJI vs. M/S V. M. SALGAOCAR & BROTHERS (P) LTD., VASCO

Appeals of the Revenue are DISMISSED

Bench: Hon’Ble Shri S. S. Godara & Shri G. D. Padmahshaliआयकर अपऩल सं. / Ita Nos. 209 To 211/Pan/2019 निर्धारण वषा / Assessment Years : 2005-06 To 2007-08 The Asst. Commissioner Of Income Tax, Circle-2(1), Panaji, Goa . . . . . . . अपीलार्थी / Appellant

250 of the Income-tax Act, 1961 [‘the Act’ hereinafter] which in turn ascended out of the order of rectification dt. 30/06/2014 passed u/s 154 of the Act by the Asstt. Commissioner of Income Tax, Circle-2, Panaji-Goa [‘AO’ hereinafter]. ITAT-Panaji Page 1 of 10 ACIT Vs M/s V M Salgaonkar & Bros. Pvt Ltd. ITA No. 209-211

THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2 (1), PANAJI vs. M/S V. M. SALGAOCAR & BROTHERS (P) LTD., VASCO

Appeals of the Revenue are DISMISSED

Bench: Hon’Ble Shri S. S. Godara & Shri G. D. Padmahshaliआयकर अपऩल सं. / Ita Nos. 209 To 211/Pan/2019 निर्धारण वषा / Assessment Years : 2005-06 To 2007-08 The Asst. Commissioner Of Income Tax, Circle-2(1), Panaji, Goa . . . . . . . अपीलार्थी / Appellant

250 of the Income-tax Act, 1961 [‘the Act’ hereinafter] which in turn ascended out of the order of rectification dt. 30/06/2014 passed u/s 154 of the Act by the Asstt. Commissioner of Income Tax, Circle-2, Panaji-Goa [‘AO’ hereinafter]. ITAT-Panaji Page 1 of 10 ACIT Vs M/s V M Salgaonkar & Bros. Pvt Ltd. ITA No. 209-211

THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2 (1), PANAJI vs. M/S V. M. SALGAOCAR & BROTHERS (P) LTD., VASCO

Appeals of the Revenue are DISMISSED

Bench: Hon’Ble Shri S. S. Godara & Shri G. D. Padmahshaliआयकर अपऩल सं. / Ita Nos. 209 To 211/Pan/2019 निर्धारण वषा / Assessment Years : 2005-06 To 2007-08 The Asst. Commissioner Of Income Tax, Circle-2(1), Panaji, Goa . . . . . . . अपीलार्थी / Appellant

250 of the Income-tax Act, 1961 [‘the Act’ hereinafter] which in turn ascended out of the order of rectification dt. 30/06/2014 passed u/s 154 of the Act by the Asstt. Commissioner of Income Tax, Circle-2, Panaji-Goa [‘AO’ hereinafter]. ITAT-Panaji Page 1 of 10 ACIT Vs M/s V M Salgaonkar & Bros. Pvt Ltd. ITA No. 209-211

VGM EXPORT,VASCO vs. JOINT COMMISSIONER OF INCOME TAX, MARGAO

Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshaliita Nos. 114/Pan/2023 Assessment Year : 2010-11 Vgm Export Suvarn Bandekar Building, Swatantra Path, Vasco, Goa Pan : Aaafv6197P . . . . . . . Applicant V/S Joint Commissioner Of Income Tax, Margao Range, Margao. . . . . . . . Respondent Appearances Assessee By : Mr P B Deshpande [‘Ld. Ar’] Revenue By : Mr Ravindra Hattalli [‘Ld. Dr’] सुनवाई की तारीख / Date Of Conclusive Hearing : 20/02/2025 घोषणा की तारीख / Date Of Pronouncement : 25/02/2025

250 of the Income-tax Act, 1961 [‘the Act’ hereinafter] which in turn arisen out of order of assessment dt. 08/03/2013 passed u/s 143(3) of the Act by the Joint Commissioner of Income Tax, Margao Range, Margao [‘Ld. AO’ hereinafter] anent to assessment year 2010-11 [‘AY’ hereinafter]. ITAT-Panaji Page 1 of 16 VGM Export Vs JCIT, Margao