PARAG YASHWANT GADGIL,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE - 4,, PUNE
In the result, the appeal filed by the assessee stands partly allowed for statistical purposes
ITA 1886/PUN/2018[2015-16]Status: DisposedITAT Pune22 Jul 2022AY 2015-16
Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Raviआयकर अपील सं. / Ita No.1886/Pun/2018 िनधा"रण वष" / Assessment Year: 2015-16 Parag Yashwant Gadgil, Vs. Dcit, Circle-4, Pune. 4, Sarthak Apartments, 1901 Sadashiv Peth, Pune- 411030. Pan : Acwpg2456J Appellant Respondent Assessee By : Shri M.R. Bhagwat Revenue By : Shri S. P. Walimbe Date Of Hearing : 14.07.2022 Date Of Pronouncement : 22.07.2022 आदेश / Order Per Inturi Rama Rao, Am: This Is An Appeal Filed By The Assessee Directed Against The Order Of Ld. Commissioner Of Income Tax (Appeals)-3, Pune [‘The Cit(A)’] Dated 24.09.2018 For The Assessment Year 2015-16. 2. The Appellant Raised The Following Grounds Of Appeal :- “1. Addition Of Salary From Firm M/S. P.N. Gadgil Jewellers Rs.3,00,000/-. 2. Interest On Capital From Firm M/S. P.N. Gadgil Jewellers Rs.1,77,88,061/-. 3. Disallowance Of Donation Of Rs.1,00,000/-.”
For Appellant: Shri M.R. BhagwatFor Respondent: Shri S. P. Walimbe
Section 143(3)Section 28Section 40B
section 40B does not arise.
The reasoning of the ld. CIT(A) that there was no disallowance made by the Assessing