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2 results for “condonation of delay”+ Section 194Iclear

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Key Topics

Section 408Section 143(3)2Deduction2Disallowance2

M/S SHIRODE AUTOMOBILES PVT LTD,AHMEDNAGAR vs. ASST COMMISSIONER OF INCOME TAX , AHMEDNAGAR CIRCLE, AHMEDNAGAR

In the result, the appeal is allowed

ITA 501/PUN/2020[2014-2015]Status: DisposedITAT Pune18 Nov 2021AY 2014-2015

Bench: Shri R.S. Syalआयकर अपील सं. / Ita No.501/Pun/2020 िनधा"रण वष" / Assessment Year : 2014-15

Section 72

delay is condoned and the appeal is admitted for disposal on merits. 2 M/s. Shirode Automobiles Pvt. Ltd., 3. Tersely stated, the factual matrix of the case is that the assessee is engaged in the business of sales and service of two wheelers and tractors. A return was filed declaring total income of Rs.30,48,700/-. During the course

MAHAVIR ADINATH SALVE,,SOLAPUR vs. INCOME-TAX OFFICER, WARD - 1 (1),, SOLAPUR

Appeal is allowed in above terms

ITA 441/PUN/2019[2008-09]Status: DisposedITAT Pune29 Aug 2022AY 2008-09

Bench: Shri S.S.Godara & Dr. Dipak P. Ripoteआयकर अपीलसं. / Ita No.441/Pun/2019 िनधा"रणवष" / Assessment Year : 2008-09 Shri Mahavir Adinath Salve, The Ito, Ward-1(1), Solapur. House No.930, Nagane Plot Vs Paranda Road, Barshi, . Solapur – 413411. Pan: Arxps 5761 N Appellant/ Assessee Respondent /Revenue Assessee By Shri V L Jain – Ar Revenue By Shri S P Walimbe – Dr Date Of Hearing 11/08/2022 Date Of Pronouncement 29/08/2022 आदेश/ Order Per S.S.Godara, Jm: This Assessee’S Appeal For Assessment Year 2008-09 Is Directed Against The Commissioner Of Income Tax(Appeals)-7, Pune’S Order Dated 15.11.2018 Passed In Appeal No.Pn/Cit(A)-7/Cir- 1/0804/2016-17, In Proceedings U/S.143(3) Of The Income Tax Act, 1961 [In Short “The Act”].

Section 143(3)Section 194CSection 40

194I are concerned. A perusal of the CIT(A)’s detailed discussion in para 5.1 makes it clear that he has refused to grant benefit of the statutory amendment in section 197A(1A) r.w.s 197A(1B) of the Act on the ground that the same had been inserted vide in Finance Act, 2016 w.e.f 01.06.2016 having prospective operation only whereas