PASHANKAR AUTO WORKS PVT. LTD.,PUNE vs. INCOME TAX OFFICER WARD 4(5), PUNE, PUNE

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

Bench: Shri Inturi Rama Rao & Ms. Astha Chandraआयकर अपील सं. / Ita No.420/Pun/2024 Assessment Year : 2014-15 Pashankar Auto Works Pvt. Ltd., Vs. Ito, Ward-4(5), S.No.45/1, Dehu Road, Pune Katraj-Bypass, Baner, Pune 411 015, Maharashtra Pan : Aaecp8466C Appellant Respondent

section 194B and 194A, the Assessing Officer (AO) formed opinion that income escaped assessment of tax. Accordingly, the AO issued notice u/s.148 to the appellant on 19.03.2021. The said notice was remained uncomplied with. Even the notice issued u/s.143(2) was also remained uncomplied. In the circumstances, the AO was constrained to pass the ex parte order u/s.147 r.w.s.144

VINEET TIWARI,BANGALORE vs. CIRCLE 12, PUNE, PUNE

In the result, both the appeals filed by the assessee are allowed for statistical purposes

Bench: Shri R. K. Panda & Shri Vinay Bhamore

194A TDS Return – Other TDS Return – Other interest 35,739/- Interest TDS-192 Salary Received Salary Received (TDS Form 63,57,095/- 24Q, Section 192) AIR-002 Credit Card bills Paid Rs.2,00,000 or more 8,51,621/- against Credit Card bills Total 72,44,455/- 3. The Assessing Officer, therefore, after recording reasons reopened the assessment and accordingly

VINEET TIWARI,BENGALURU vs. CIRCLE 12, PUNE, PUNE

In the result, both the appeals filed by the assessee are allowed for statistical purposes

Bench: Shri R. K. Panda & Shri Vinay Bhamore

194A TDS Return – Other TDS Return – Other interest 35,739/- Interest TDS-192 Salary Received Salary Received (TDS Form 63,57,095/- 24Q, Section 192) AIR-002 Credit Card bills Paid Rs.2,00,000 or more 8,51,621/- against Credit Card bills Total 72,44,455/- 3. The Assessing Officer, therefore, after recording reasons reopened the assessment and accordingly

NASHIK DISTRICT PRIMARY TEACHERS CO-OP CREDIT SOCIETY LTD,NASHIK vs. ITO WARD 1(1), NASHIK

In the result, the appeal of the assessee in ITA No

194A(3)(v) has been so amended, Section 8OP(2)(d) has\nnot been amended to include co-operative banks explicitly\nviii) Provisions relating to exemption and deduction need to be strictly\nconstrued and no liberal interpretation on intendment can be inferred in\nsuch provisions. An interest income not allowed as deduction u/s 80P(2)(a)\ncannot be allowed

NASHIK DISTRICT PRIMARY TEACHERS CO-OP CREDIT SOCIETY LTD,NASHIK vs. ITO WARD 1(1), NASHIK

In the result, the appeal of the assessee in ITA No

Bench: Shri R.K. Panda & Ms. Astha Chandra

194A(3)(v) has been so amended, Section 8OP(2)(d) has not been amended to include co-operative banks explicitly viii) Provisions relating to exemption and deduction need to be strictly construed and no liberal interpretation on intendment can be inferred in such provisions. An interest income not allowed as deduction u/s 80P(2)(a) cannot be allowed

VAISHALI KESHAV KULKARNI,PUNE vs. ITO WARD 13(2), PUNE

In the result the Grounds Numbers 2, 3 and 4 raised by the assessee are allowed

delay is condoned.\nSubmission of ld.AR :\n2.\nLd.AR for the assessee submitted that CIT(A) has failed to appreciate the submission of the assessee. Ld.AR submitted Affidavit of the assessee.\n3\nITA No.540/PUN/2025 [A]\n2.1 Ld.AR pleaded that the Notice u/s.148 dated 13/04/2022 and the order is bad in Law.Ld.AR relied on the order of Hon'ble Supreme Court

SHRI VIROBA NAGARI SAHAKARI PATSANSTHA MARYADIT,PUNE vs. ITO, WARD 10(1), PUNE, PUNE

In the result, all the three appeals of the assessee are allowed

Bench: Dr.Manish Borad & Shri S.S. Viswanethra Raviआयकर अपील सं. / Ita Nos.369, 370 & 371/Pun/2025 Assessment Years : 2017-18, 2018-19 & 2020-21 Shri Viroba Nagari Sahakari Vs. Ito, Ward- Patsanstha Maryadit, 10(1), Pune Near Purva Vesh, Shubham Corner, A/P Narayangaon, Tal.- Junnar, Dist.-Pune-410504 Pan : Aabas8708H Appellant Respondent

condone the delay and admit the instant appeals for adjudication on merits. 3. Common issue raised in all these three appeals are as to whether the assessee is eligible for deduction u/s. 80P(2)(d) of the Act for the interest income earned from investments/ deposits with Co-operative Banks. 4. The Ld. Counsel for the assessee at the outset

SHRI VIROBA NAGARI SAHAKARI PATHSANSTHA MARYADIT,PUNE vs. ITO WARD 10(1), PUNE, PUNE

In the result, all the three appeals of the assessee are allowed

Bench: Dr.Manish Borad & Shri S.S. Viswanethra Raviआयकर अपील सं. / Ita Nos.369, 370 & 371/Pun/2025 Assessment Years : 2017-18, 2018-19 & 2020-21 Shri Viroba Nagari Sahakari Vs. Ito, Ward- Patsanstha Maryadit, 10(1), Pune Near Purva Vesh, Shubham Corner, A/P Narayangaon, Tal.- Junnar, Dist.-Pune-410504 Pan : Aabas8708H Appellant Respondent

condone the delay and admit the instant appeals for adjudication on merits. 3. Common issue raised in all these three appeals are as to whether the assessee is eligible for deduction u/s. 80P(2)(d) of the Act for the interest income earned from investments/ deposits with Co-operative Banks. 4. The Ld. Counsel for the assessee at the outset

SHRI VIROBA NAGARI SAHAKARI PATHSANSTHA MARYADIT,PUNE vs. ITO WARD 10(1), PUNE, PUNE

In the result, all the three appeals of the assessee are allowed

Bench: Dr.Manish Borad & Shri S.S. Viswanethra Raviआयकर अपील सं. / Ita Nos.369, 370 & 371/Pun/2025 Assessment Years : 2017-18, 2018-19 & 2020-21 Shri Viroba Nagari Sahakari Vs. Ito, Ward- Patsanstha Maryadit, 10(1), Pune Near Purva Vesh, Shubham Corner, A/P Narayangaon, Tal.- Junnar, Dist.-Pune-410504 Pan : Aabas8708H Appellant Respondent

condone the delay and admit the instant appeals for adjudication on merits. 3. Common issue raised in all these three appeals are as to whether the assessee is eligible for deduction u/s. 80P(2)(d) of the Act for the interest income earned from investments/ deposits with Co-operative Banks. 4. The Ld. Counsel for the assessee at the outset

TOKAI SAHAKARI SAKHAR KARKHANA LTD,HINGOLI vs. INCOME TAX OFFICER, WARD-(1), JALNA, JALNA

Appeal is partly allowed in above terms

Bench: Shri S.S.Godara & Shri G.D.Padmahshaliआयकर अपील सं. / Ita No.571/Pun/2023 िनधा"रण वष" / Assessment Year : 2018-19 Tokai Sahakari Sakhar Karkhana The Income Tax Officer, Ltd., Vs Ward-1, Jalna. Villag Kurunda, Taluka Basmath . District, Hingoli – 431512. Pan: Aaat6997Q Appellant / Assessee Respondent / Revenue Assessee By Shri Anand Partani – Ar Revenue By Shri M.G.Jasnani – Dr Date Of Hearing 16/01/2024 Date Of Pronouncement 16/01/2024

194A(3)(V) relating payments to members made by a co-operative society; respectively. We accordingly reject the Revenue’s vehement contention in very terms. The assessee succeeds in its instant 3rd to 5th substantive grounds. 7. Lastly comes the assessee’s sixth substantive ground seeking to delete interest expenses disallowance involving late filing of EPF and GST Returns