DY. COMMISSIONER OF INCOME TAX (EXEMPTIONS), CIRCLE, PUNE, SWARGATE,PUNE vs. SHRI MUKUND BHAVAN TRUST, PUNE

In the result, the appeal of the Revenue is dismissed

Bench: Shri Manish Borad & Ms. Astha Chandraआयकर अपील सं. / Ita Nos.829 & 827/Pun/2025 धििाारण वर्ा / Assessment Years : 2017-18 & 2018-19 Dy. Commissioner Of Shri Mukund Bhavan Trust, Income Tax (Exemptions), 1105, Ravivar Peth, Pune-411002 Cirlce – Pune Vs. Pan : Aaats5170R अपीलार्थी / Appellant प्रत्यर्थी / Respondent Assesseeby : Shri V.L. Jain Department By : Shri Amol Khairnar Date Of Hearing : 24-07-2025 Date Of 08-10-2025 Pronouncement :

disallowed and income may not be assessed as an AOP if violation of the provisions of section 13(1)(c)(ii) and section 13(2

R&DE (ENGRS) EMPLOYEES CO-OP. CREDIT SOCIETY,PUNE vs. ITO, WARD 7(3), PUNE, PUNE

In the result, the appeal of the assessee is allowed

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

c) & 80P(2)(d) of the Act since the assessee is not eligible for deduction u/s 80P(2)(a)(i) of the Act. In AY 2016-17, the AO assessed the interest income received on bank deposits under the head "Income from other sources" and denied deduction claimed u/s 80P(2)(d) of the Act. The Ld CIT(A) confirmed

ASSISTANT COMMISSIONER OF INCOME-TAX,CENTRAL CIRCLE - 2(2),, PUNE vs. M/S SINHGAD TECHNICAL EDUCATION SOCIETY (TRUST), PUNE

In the result, the appeal of the Revenue in ITA

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl. It(Ss)A No./ Name Of Appellant Name Of Respondent Asst. No.

2) be restricted to the addition on account of receipt of capitation fees and balance income should be considered as exempt relying on the following decisions :- (i) Sheth Mafatlal Trust, 249 ITR 533. (ii) Fr. Mullers Charitable Institutions, 363 ITR 230. (E). As regards to the allegation of violation of provisions of section 13(1)(c) by providing rent free

AHMEDNAGAR ZILLA GRAMSEVAKANCHI SAHAKAR PATSANSTHA MARYADIT,AHILYANAGAR vs. PCIT, PUNE-1, PUNE

In the result, the appeal of the assessee is allowed

13,749.00/-\nB) Deduction From total Income under chapter VI-A\na) Profit form Providing Credit facility to Members U/S 80P(2)(ai) RS 31,75,810/-\nThe assesse is co-operative society registered under the Maharashtra state co-operative\nsocieties Act 1960 formed for the benefit of Gramsevak i.e employees of Grampanchayat and\nZilha Parishad Servants\nin the Ahmednagar

SHETH CHIMANLAL GOVINDDAS MEMORIAL TRUST,PUNE vs. CIT(EXEMPTION), PUNE, PUNE

In the result, appeal of the assessee is dismissed

c), 13(1)(d), 13(2)(a). 13(2)(g), and 13(2)(h), as well as the\nprescribed modes of investment under Section 11(5). Therefore, the\nFAO was required to disallow

MAHATMA GANDHI NAGRI SAHAKARI PAT SANSTHA MYDT UDGIR,LATUR vs. INCOME TAX OFFICER- WARD 1 -LATUR, LATUR

In the result, the appeal of the assessee is allowed

disallowed the\ndeduction claimed by the assessee u/s 80P(2)(a)(i)/80P(2)(d) of the Act\namounting to Rs.3,04,88,392/- treating the same as other income'.\nAccordingly, the Ld. AO completed the assessment on 28.09.2021 u/s\n143(3) r.w.s.144B of the Act by making an addition of Rs.3,04,88,392/- as\nincome from other sources

DEPUTY COMMISSIONER OF INCOME-TAX CIRCLE -5, PUNE vs. SERUM INSTITUTE OF INDIA PVT LTD.,, PUNE

In the result, the appeal filed by the Revenue stands dismissed

c) Disallowance on Foreign Travelling Expenses – Employees of Rs.22,31,668/-. (d) Disallowance on Foreign Travelling Expenses – Others of Rs.2,13,379/-. (e) Disallowance of depreciation on certain items of stainless steel tables, stools, trollies used in the laboratory as Plant & Machinery of Rs.1,38,153/-. (f) Disallowance of Product Development Expenditure u/s 35(1)/37 of Rs.14

MANGILAL LAKAHJI CHOWDHARY,,PUNE vs. INCOME-TAX OFFICER, WARD - 3(1),, PUNE

Appeal is partly allowed in above terms

Bench: Shri S.S.Godara & Dr.Dipak P.Ripoteआयकरअपीलसं. / Ita No.2791/Pun/2017 िनधा"रण वष" / Assessment Year: 2013-14

disallowance of Rs.1,20,000/- in these peculiar circumstances. 4. The assessee does not press for his third substantive ground of challenging section 41(1) - cession of liability addition of Rs.50,000/- representing deposits received from M/s. Shubha Associates keeping in mind the smallness of the amount. Rejected accordingly. 5. Lastly comes the long term capital gains addition issue

SHRINIWAS ENGINEERING AUTO COMPONENTS PVT. LTD,PUNE vs. NATIONAL FACELESS APPEAL CENTRE, PUNE

In the result, ITA Nos. 154 to 156/PUN/2025 filed by the assessee are partly allowed for statistical purposes, ITA

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.154 To 156/Pun/2025 Assessment Years : 2016-17 To 2018-19

13. We note that post amendment in section 2(24)(xviii) of the Act, the subsidy is required to be treated as income for the year other than the subsidy or grant which is taken into account for determination of the actual cost of the asset in Shriniwas Engineering Auto Components Pvt. Ltd. A.Ys. 2016-17 to 2020-21 accordance

SHRINIWAS ENGINEERING AUTO COMPONENTS PVT. LTD,PUNE vs. NATIONAL FACELESS APPEAL CENTRE, PUNE

In the result, ITA Nos. 154 to 156/PUN/2025 filed by the assessee are partly allowed for statistical purposes, ITA

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.154 To 156/Pun/2025 Assessment Years : 2016-17 To 2018-19

13. We note that post amendment in section 2(24)(xviii) of the Act, the subsidy is required to be treated as income for the year other than the subsidy or grant which is taken into account for determination of the actual cost of the asset in Shriniwas Engineering Auto Components Pvt. Ltd. A.Ys. 2016-17 to 2020-21 accordance

SHRINIWAS ENGINEERING AUTO COMPONENTS PVT. LTD.,PUNE vs. ACIT, CIRCLE-5, PUNE, PUNE

In the result, ITA Nos. 154 to 156/PUN/2025 filed by the assessee are partly allowed for statistical purposes, ITA

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.154 To 156/Pun/2025 Assessment Years : 2016-17 To 2018-19

13. We note that post amendment in section 2(24)(xviii) of the Act, the subsidy is required to be treated as income for the year other than the subsidy or grant which is taken into account for determination of the actual cost of the asset in Shriniwas Engineering Auto Components Pvt. Ltd. A.Ys. 2016-17 to 2020-21 accordance

DY. COMMISSIONER OF INCOME-TAX, CIRCLE-5, PUNE vs. SHRINIWAS ENGINEERING AUTO COMPONENTS PVT. LTD., PUNE

In the result, ITA Nos. 154 to 156/PUN/2025 filed by the assessee are partly allowed for statistical purposes, ITA

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.154 To 156/Pun/2025 Assessment Years : 2016-17 To 2018-19

13. We note that post amendment in section 2(24)(xviii) of the Act, the subsidy is required to be treated as income for the year other than the subsidy or grant which is taken into account for determination of the actual cost of the asset in Shriniwas Engineering Auto Components Pvt. Ltd. A.Ys. 2016-17 to 2020-21 accordance

ACIT, CIRCLE-5, PUNE, PUNE vs. SHRINIWAS ENGINEERING AUTO COMPONENTS PRIVATE LIMITED, PUNE

In the result, ITA Nos. 154 to 156/PUN/2025 filed by the assessee are partly allowed for statistical purposes, ITA

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.154 To 156/Pun/2025 Assessment Years : 2016-17 To 2018-19

13. We note that post amendment in section 2(24)(xviii) of the Act, the subsidy is required to be treated as income for the year other than the subsidy or grant which is taken into account for determination of the actual cost of the asset in Shriniwas Engineering Auto Components Pvt. Ltd. A.Ys. 2016-17 to 2020-21 accordance

SHRI VASUPUJYA SWAMI MAHARAJ TEMPLE TRUST,PUNE vs. ITO (EXEMPTION) WARD 1(2), PUNE

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

Bench: Dr.Manish Borad

disallowance has been made for not applying set apart accumulation funds during F.Y. 2016-17 within the period of five years as provided u/s.11(2) of the Act. Ld. Counsel for the assessee further submitted that issue in Hon’ble Tribunal in the case of Yashwantrao Chavan Maharashtra Open University Vs. CIT – ITA No.505/PUN/2025 order dated 23.06.2025 wherein

SHRI ISHWARLAL GULABCHAND VARDHAMANTAP AYAMBIL TRUST,PUNE vs. ITO WARD 7(1), PUNE

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

Bench: Dr.Manish Borad

disallowance has been made for not applying set apart accumulation funds during F.Y. 2016-17 within the period of five years as provided u/s.11(2) of the Act. Ld. Counsel for the assessee further submitted that issue in Hon’ble Tribunal in the case of Yashwantrao Chavan Maharashtra Open University Vs. CIT – ITA No.505/PUN/2025 order dated 23.06.2025 wherein

BANSILAL RAMNATH AGARWAL CHARITABLE TRUST,PUNE vs. CIT (EXEMPTION), PUNE

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

Bench: Shri R. K. Panda & Ms. Astha Chandraassessment Year : 2020-21 Bansilal Ramnath Agarwal Charitable Trust Cit (Exemption), 251, Budhwar Peth, City Post Chowk, Vs. Pune Pune – 411002 Pan: Aaatb4383K (Appellant) (Respondent) Assessee By : Shri Kishor B Phadke Department By : Shri Amol Khairnar, Cit-Dr Date Of Hearing : 11-12-2025 Date Of Pronouncement : 28-01-2026 O R D E R Per R.K. Panda, V.P:

C IT v. Mukur Corporation [1978] 111 ITR 312, wherein the Gujarat High Court held as under (page 325): "Now, even on this question, we find that there is nothing in section 263(1) to show that before passing the final order under that section, the Commissioner must necessarily and in all cases record final conclusions above the points

EATON TECHNOLOGIES PVT.LTD,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE - 1(2),, PUNE

Bench: Shri S.S.Godara & G.D.Padmahshaliआयकरअपीलसं. / Ita No.590/Pun/2018 िनधा"रण वष" / Assessment Year: 2014-15 Eaton Technologies Private Limited, Dcit, Circle-1(2), Cluster C, Wing 1, Eon Free Zone, Vs Pune Plot No.1, Sr.No.77, Midc Kharadi Knowledge Park, Kharadi, Pune 411 014 Pan : Aabce4323Q Appellant/ Assessee Respondent /Revenue आयकरअपीलसं. / Ita No.902/Pun/2018 िनधा"रण वष" / Assessment Year: 2011-12 Eaton Technologies Private Limited, Pr.Cit-1, Cluster C, Wing 1, Eon Free Zone, Vs Pune Plot No.1, Sr.No.77, Midc Kharadi Knowledge Park, Kharadi, Pune 411 014 Pan : Aabce4323Q Appellant/ Assessee Respondent /Revenue

C, Wing 1, EON Free Zone, Vs Pune Plot No.1, Sr.No.77, MIDC Kharadi Knowledge Park, Kharadi, Pune 411 014 PAN : AABCE4323Q Appellant/ Assessee Respondent /Revenue Assessee by Shri Vishal Kalra Revenue by Shri Pankaj Kumar – DR Date of hearing 30-11-2022 Date of pronouncement 06-12-2022 आदेश / ORDER Per S.S.Godara, JM: These assessee’s twin appeals

EATON TECHNOLOGIES PVT.LTD,,PUNE vs. PR. COMMISSIONER OF INCOME-TAX-1,, PUNE

Bench: Shri S.S.Godara & G.D.Padmahshaliआयकरअपीलसं. / Ita No.590/Pun/2018 िनधा"रण वष" / Assessment Year: 2014-15 Eaton Technologies Private Limited, Dcit, Circle-1(2), Cluster C, Wing 1, Eon Free Zone, Vs Pune Plot No.1, Sr.No.77, Midc Kharadi Knowledge Park, Kharadi, Pune 411 014 Pan : Aabce4323Q Appellant/ Assessee Respondent /Revenue आयकरअपीलसं. / Ita No.902/Pun/2018 िनधा"रण वष" / Assessment Year: 2011-12 Eaton Technologies Private Limited, Pr.Cit-1, Cluster C, Wing 1, Eon Free Zone, Vs Pune Plot No.1, Sr.No.77, Midc Kharadi Knowledge Park, Kharadi, Pune 411 014 Pan : Aabce4323Q Appellant/ Assessee Respondent /Revenue

C, Wing 1, EON Free Zone, Vs Pune Plot No.1, Sr.No.77, MIDC Kharadi Knowledge Park, Kharadi, Pune 411 014 PAN : AABCE4323Q Appellant/ Assessee Respondent /Revenue Assessee by Shri Vishal Kalra Revenue by Shri Pankaj Kumar – DR Date of hearing 30-11-2022 Date of pronouncement 06-12-2022 आदेश / ORDER Per S.S.Godara, JM: These assessee’s twin appeals