ST XAVIER'S EDUCATION TRUST, AURANGABAD,AURANGABAD vs. PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL), NAGPUR, NAGPUR

In the result, both the appeals are allowed in the above terms

Bench: Shri R.S. Syal & Shri S.S.Viswanethra Raviassessment Years : 2009-10 To 2019-20 St. Xavier‘S Education Trust, Vs. The Pr.Cit(Central), R-7/1, Town Centre, Nagpur Cidco, Aurangabad – 431 003 Maharashtra Pan : Aacts4140D Appellant Respondent Assessment Years : 2009-10 To 2019-20 St. Lawrence Educational Trust, Vs. The Pr.Cit(Central), Gut No.42, Sunderwadi, Nagpur Salta Circle, Aurangabad – 431 003 Maharashtra Pan : Aaats5598P Appellant Respondent

disallowances‖. The answer is self explanatory. 16. Through question no.16, she was asked that: ―you have booked substantial amount under head bonus, allowances and perks in The St. Lawrence Trust ranging averagely 5-6 Cr annually. Similar types of expenses are also booked in the St. Xaviers Trust. Sr. Xavier Education Trust St. Lawrence Educational Trust Since such a huge

ST LAWRENCE EDUCATIONAL TRUST, AURANGABAD,AURANGABAD vs. PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL, NAGPUR, NAGPUR

In the result, both the appeals are allowed in the above terms

Bench: Shri R.S. Syal & Shri S.S.Viswanethra Raviassessment Years : 2009-10 To 2019-20 St. Xavier‘S Education Trust, Vs. The Pr.Cit(Central), R-7/1, Town Centre, Nagpur Cidco, Aurangabad – 431 003 Maharashtra Pan : Aacts4140D Appellant Respondent Assessment Years : 2009-10 To 2019-20 St. Lawrence Educational Trust, Vs. The Pr.Cit(Central), Gut No.42, Sunderwadi, Nagpur Salta Circle, Aurangabad – 431 003 Maharashtra Pan : Aaats5598P Appellant Respondent

disallowances‖. The answer is self explanatory. 16. Through question no.16, she was asked that: ―you have booked substantial amount under head bonus, allowances and perks in The St. Lawrence Trust ranging averagely 5-6 Cr annually. Similar types of expenses are also booked in the St. Xaviers Trust. Sr. Xavier Education Trust St. Lawrence Educational Trust Since such a huge

POONAWALLA SHARES & SECURITIES PVT.LTD,PUNE vs. ASSISTANT COMMISSIONER OF WEALTH-TAX, CIRCLE-4, PUNE

Appeal is partly allowed in above terms

Bench: Shri S.S.Godara & Dr. Dipak P. Ripoteआयकर अपीलसं. / Ita No.380/Pun/2020 िनधा"रण वष" / Assessment Year : 2016-17 Poonawalla Shares & Securities The Assistant Pvt. Ltd., Vs Commissioner Of Income 16-B,/1, Sarosh Bhavan, Tax, Dr.Ambedkar Road, Circle-4, Pune. Pune – 411001 Pan: Aaacp 6087 H Appellant/ Assessee Respondent /Revenue Assessee By Shri Percy Pardiwala – Ar Revenue By Shri M.G.Jasnani – Dr Date Of Hearing 08/07/2022 Date Of Pronouncement 29/07/2022 आदेश/ Order Per S.S.Godara, Jm: This Assessee’S Appeal For Assessment Year 2016-17 Is Directed Against The Commissioner Of Income Tax(Appeals)-3, Pune’S Order Dated 11.12.2019 Passed In Case No.Pn/Cit(A)-3/Cir 4/193/2018-19/428, In Proceedings U/S.143(3) Of The Income Tax Act, 1961 [In Short “The Act”].

disallowing the assessee’s claim to this effect seeking to carry forward the same to subsequent assessment year(s). He has also taken pains to file a detailed written note summarizing all of the assessee’s arguments regarding the instant issue as follows: “5. Grounds 3 and 4 deal with the AO’s denial of carry forward of loss

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.

section 13(1)(c) of the Act on account of salary paid to Shri U.Y. Pawar, who was admittedly working for a company like JSAPL as the amount of salary was reimbursed to the appellant society violation had been cured. (G). As regards to the disallowance of prior period expenses, the ld. AR submits that the prior period expenses

DEPUTY COMMISSIONER OF INCOME-TAX vs. BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LTD.,, PUNE

disallowance made on account of profits on sale/redemption of investments. The relevant facts are that as a part of General Insurance business, the assessee is mandated by the Insurance Act, 1951 and IRDA to make investments in specified securities. During the A.Y. 2007-08, the assessee has earned profits on sale/redemption of investments

BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LTD.,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

disallowance made on account of profits on sale/redemption of investments. The relevant facts are that as a part of General Insurance business, the assessee is mandated by the Insurance Act, 1951 and IRDA to make investments in specified securities. During the A.Y. 2007-08, the assessee has earned profits on sale/redemption of investments

DCIT-CIRCLE 7 PUNE, BODHI TOWER SALISBURY PARK PUNE vs. TRIO CHEMSUCROTECH ENG. PROJECTS PVT. LTD, PUNE

disallowing it in the hands of the assessee would amount to double taxation. The CIT(A) had correctly deleted the major portion of the addition, sustaining only 2% as commission income.", "result": "Dismissed", "sections": [ "143(3)", "133A", "133(6)", "271(1)(c)", "37(1)", "131

SOLAPUR DCC BANK EMPLOYEES CO- OPERATIVE SOCIETY LIMITED,SOLAPUR vs. INCOME TAX OFFICER, WARD- 2(3), SOLAPUR

The appeal of the assessee is PARTLY ALLOWED in above terms

Bench: Hon’Ble Shri Satbeer Singh Godara & Shri G. D. Padmahshaliआयकर अपऩल सं. / Ita No. 713/Pun/2023 निर्धारण वषा / Assessment Year : 2018-19 Solapur Dcc Bank Employees Co-Op Society Ltd., 46 Vistarit Imarat, Yogeshwar Complex, Solapur Zilla Madhyawarat Bank, Navi Peth Solapur – 413001 Pan: Aabas9454N . . . . . . . अपीलार्थी / Appellant

131 Taxman 813 categorically denied chapter VI-A deduction on enhanced business income ITAT-Pune Page 4 of 7 Solapur DCC Bank Employees Co-op Society Ltd., ITA No.713/PUN/2023 A.Y. 2018-19 arisen on account of any disallowance holding it since was not derived from business activities of the taxpayer. The Board after considering these decisions has accepted the ratio

CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED,PUNE vs. ASSISTANT COMMISSIONER OF INCOME TAX, PUNE

disallowed on account of\nthe expenses incurred towards CSR activity. Out of this expenditure, an\namount of INR 8,10,85,470 is the deduction claimed under section 80G of\nthe Act. Copy of the receipts are attached as Annexure 4A till 4G for your\nreference.\"\n8. Referring to paras 87 to 131

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

disallowed the same. 34 On appeal before the ld. CIT(A), the ld. CIT(A) following the decision of the Tribunal for the assessment year 2008-09 onwards allowed said expenditure is revenue expenditure u/s 35(1)(iv) of the Act. Being aggrieved by the decision of the ld. CIT(A), the Revenue is in appeal before

VINAYAK HANUMANTRAO GHORPADE,PUNE vs. VAISHNAVI SATISH BANKAR, PUNE

In the result, appeal in ITA No

Bench: Dr.Dipak P. Ripote & Shri Vinay Bhamoreआयकर अपऩल सं. / Ita Nos.1438 & 1439/Pun/2024 निर्धारण वषा / Assessment Years: 2019-20 & 2020-21 Vinayak Hanumantrao V Vaishnavi Satish Bankar, Ghorpade, S. Pune. F.No.7, Plot No.60/61, S.No.165/1B, Shivanjali, Near Central Circle-1(3), Pune. Mahadev Temple, Indira Nagar, Pune – 411033. Pan: Afdpg6919A Appellant/ Assessee Respondent / Revenue Assessee By Shri Pramod S Shingte Revenue By Shri Aviyogi Ambadkar –Addl.Cit Date Of Hearing 11/09/2025 Date Of Pronouncement 08/12/2025 आदेश/ Order Per Dr. Dipak P. Ripote, Am: These Two Appeals Filed By The Assessee Are Against The Common Order Of Ld.Commissioner Of Income Tax(Appeal), Pune-11 Passed Under Section 250 Of The Income Tax Act, 1961 For A.Y.2019-20 & 2020-21, Both Dated 02.05.2024 Emanating From Separate Assessment Order U/S.153A R.W.S 144 Of The I.T.Act, Both Dated 23.09.2021.For The Sake Of Convenience, These Two Appeals

Disallowance of Rs.5 lakhs to Assessing Officer for denovo adjudication. The Assessing Officer shall provide opportunity to the Assessee. If deemed fit, the Assessing Officer may issue summons under section 131

VINAYAK HANUMANTRAO GHORPADE,PUNE vs. INCOME TAX OFFICER, PUNE

In the result, appeal in ITA No

Bench: Dr.Dipak P. Ripote & Shri Vinay Bhamoreआयकर अपऩल सं. / Ita Nos.1438 & 1439/Pun/2024 निर्धारण वषा / Assessment Years: 2019-20 & 2020-21 Vinayak Hanumantrao V Vaishnavi Satish Bankar, Ghorpade, S. Pune. F.No.7, Plot No.60/61, S.No.165/1B, Shivanjali, Near Central Circle-1(3), Pune. Mahadev Temple, Indira Nagar, Pune – 411033. Pan: Afdpg6919A Appellant/ Assessee Respondent / Revenue Assessee By Shri Pramod S Shingte Revenue By Shri Aviyogi Ambadkar –Addl.Cit Date Of Hearing 11/09/2025 Date Of Pronouncement 08/12/2025 आदेश/ Order Per Dr. Dipak P. Ripote, Am: These Two Appeals Filed By The Assessee Are Against The Common Order Of Ld.Commissioner Of Income Tax(Appeal), Pune-11 Passed Under Section 250 Of The Income Tax Act, 1961 For A.Y.2019-20 & 2020-21, Both Dated 02.05.2024 Emanating From Separate Assessment Order U/S.153A R.W.S 144 Of The I.T.Act, Both Dated 23.09.2021.For The Sake Of Convenience, These Two Appeals

Disallowance of Rs.5 lakhs to Assessing Officer for denovo adjudication. The Assessing Officer shall provide opportunity to the Assessee. If deemed fit, the Assessing Officer may issue summons under section 131

DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-7 PUNE, PUNE vs. L B KUNJIR, PUNE

In the result, appeal of the Revenue is dismissed

Bench: Shri Partha Sarathi Chaudhury & Dr. Dipak P. Ripoteआयकर अपील सं. / Ita No.1255/Pun/2023 िनधा"रण वष" / Assessment Year : 2020-21 The Deputy Commissioner L B Kunjir, Of Income Tax, V S.No.52/1 Swanand Circle-7, Pune. S Building, Shree Ram Hsg Society, Kharadi, Chandanagar, Pune – 411037. Pan: Aabfl9816E Appellant / Revenue Respondent / Assessee Assessee By Shri Nikhil Pathak – Ar Revenue By Shri R.Y.Balawade – Addl.Cit Date Of Hearing 12/03/2024 Date Of Pronouncement 26/03/2024 आदेश/ Order

disallowed assessee’s claim of deduction under section 80IA(4) of 2 L B Kunjir [R] the Act. It is observed in the assessment order that assessee had installed wind mills and solar power plants. Assessee had claimed deduction under section 80IA(4) of the Act on these wind mills and solar power plants. The details of the wind mills

GARWARE TECHNICAL FIBRES LIMITED,PUNE vs. DCIT, CC-1(3), PUNE

sections": [ "139", "132", "153A", "143(2)", "142(1)", "131", "292C", "40A(3)", "69C", "37(1)", "35(2AB)", "65B", "119", "30", "36" ], "issues": "Whether the unrecorded cash receipts found during a search can be treated as income, and if so, whether only the profit element should be taxed, considering the related expenses. Whether the disallowance

DY COMMISSIONER OF INCOME TAX CIRCLE 5 PUNE, PUNE vs. DIPTI NARENDRA LULLA, PUNE

131 of the Act was recorded of appellant's husband namely\nlate Narendra Motilal Lulla and no incriminating documents were seized /found by\nthe department. Further the appellant also stated that the assessment proceedings\nwere completed and no addition/ disallowance made by the AO. The appellant also\nstate that the assessment proceedings were completed by the AO from

ITO, NASHIK vs. ANKIT NARESH TULSIAN, NASHIK

In the result, appeal of the Revenue is dismissed

131", "133A", "132", "142(3)" ], "issues": "Whether reassessment proceedings initiated on a change of opinion are valid; and whether LTCG from sale of shares, meeting all conditions of Section 10(38), can be disallowed

DR. SUBHASH NATHMAL PALLOD,PUNE vs. DCIT, CIRCLE-3, PUNE

In the result, appeal of the assessee is allowed

Bench: Shri S.S.Godara & Dr. Dipak P. Ripoteआयकरअपीलसं. / Ita No.73/Pun/2020 िनधा"रणवष" /Assessment Year: 2015-16 Dr.Subhash Nathmal Pallod, The Deputy Commissioner Of Sarala, 38, Vishwamitr Vs Income Tax, A Colony, Gulmohar Path, Circle-3, Pune. Erandwane, Pune – 411004. Pan: Aaupp 9286 B Appellant/ Assessee Respondent/ Revenue

disallowed and added back under section 37(1) of the Act. ITA No.73/PUN/2020 for A.Y.2015-16 Dr.Subhash Nathmal Pallod Vs. DCIT (A) 4. Aggrieved by the said order, the assessee filed appeal before the ld.CIT(A). The ld.CIT(A) confirmed the addition stating that no agreement or correspondence etc., was furnished by the assessee to prove the commission paid. 5. Aggrieved

SHARADA ELECTORS PRIVATE LIMITED,PUNE vs. PCIT, PUNE-3, PUNE

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

Bench: Dr.Manish Borad & Shri Vinay Bhamore

disallowance can be made in terms of section 40(a)(ia) of the Act. However, since the ld. AO has not examined this aspect, the matter needs to be set aside to his file for denovo adjudication. Even the decision of this Tribunal in the case of Satish Arora (supra) referred and relied on by ld. Counsel for the assessee

INCOME TAX OFFICER, WARD-1, JALNA, JALNA vs. OMPRAKASH ASARAM MANTRI, JALNA

In the result, all the appeals filed by the Revenue are dismissed

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

disallowance of capital gain u/s 10(38) of the Act and Rs.3,20,614/- on account of unexplained expenditure u/s 69C of the Act. 8. Before the Ld. CIT(A) the assessee apart from challenging the addition on merit, challenged the validity of reopening of assessment u/s 147 of the Act on the ground that in absence of any tangible