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3 results for “disallowance”+ Section 260Aclear

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Key Topics

Section 804Section 80H3Deduction3Section 143(3)2Disallowance2

GOA CARBON LTD.,PANAJI vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1 (1), PANAJI

In the result, all the three appeals filed by the assessee are dismissed

ITA 333/PAN/2018[2000-01]Status: DisposedITAT Panaji17 Aug 2022AY 2000-01

Bench: Shri C.M. Garg & Shri Girish Agrawal

For Appellant: NoneFor Respondent: Shri Mayur Kamble, Sr. DR
Section 260ASection 80Section 80H

260A wherein following questions of law have been framed: (i) Whether the income earned by the Appellant from leasing its plant and machinery in course of its business activity of leasing is in the nature of rent as contemplated under Explanation (baa) to Section 80 HHC of the Act? ii) Whether the income earned by leasing plant and machinery

THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE 1(1), PANAJI vs. M/S MILROC GOOD EARTH PROPERTY AND DEVELOPERS LLP, PANAJI

In the result, cross-objection filed by the assessee in CO No

ITA 26/PAN/2018[2013-14]Status: DisposedITAT Panaji06 Apr 2022AY 2013-14

Bench: Shri Ravish Sood & Shri Jamlappa D Battullआयकर अपील सं./Ita No. 26/Pan/2018 ""या"ेपसं./Co.No.06/Pan/2018 (Arising Out Of Ita No.26/Pan/2018) "नधा"रण वष" /Assessment Year : 2013-14 The Assistant Commissioner Of Income Tax Circle-1(1), Panaji, Goa .......अपीलाथ" / Appellant बनाम / V/S. M/S. Milroc Good Earth Property & Developers Llp, 501, 5Th Floor Milroc Lar Menezes, S.V. Road, Panaji-Goa - 403001 Pan : Aaacg7222M ……""यथ" / Respondent

For Appellant: Smt. Preethi Patel, ARFor Respondent: Shri Sourabh Nayak, Sr. DR
Section 143(1)Section 143(2)Section 143(3)

Section 260A of the Income Tax Act, is well settled. The High Court will entertain an appeal on pure questions of facts rendered on the assessment of evidence. 9. In the circumstances, since no question of law is involved and we are only called upon to adjudicate the questions of fact, the appeal cannot be entertained and the same

BELLAD BAGEWADI KRISHNI SEVA SAHAKARI BANK LTD.,BELGAUM vs. ITO (WARD) 1(3),, BELGAUM

Appeal is allowed in above terms

ITA 260/PAN/2019[2009-10]Status: DisposedITAT Panaji21 Nov 2022AY 2009-10

Bench: Shri Satbeer Singh Godara

For Appellant: Shri Praveen P GhaliFor Respondent: Shri N. Shrikant
Section 143(3)Section 80PSection 80P(2)(a)

260A of the Income Tax Act, 1961 (in short "the Act"). 2. Heard both the parties. Case file perused. 3. Coming to the assessee’s sole substantive grievance that both lower authorities have erred in law and on facts in denying it section 80P(2)(a)(i) deduction of Rs.25,01,300/- in issue, the CIT(A)’s detailed discussion