SPRINGER NATURE TECHNOLOGY AND PUBLISHING SOLUTIONS PRIVATE LIMITED,PUNE vs. THE ASSESSMENT UNIT, INCOME TAX DEPARTMENT AND THE DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE 5, PUNE, PUNE

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

Bench: Dr.Manish Borad & Shri Vinay Bhamore

disallowance on account of Tax and duties namely Profession Tax of INR 2,68,200, Employers Contribution to Provident Fund of INR 43,55,286, Employers Contribution to ESIC of INR 1,35,555 and Bonus of INR 5,07,95,670 made under the intimation order under section

FCA INDIA AUTOMOBILES PRIVATE LIMITED (SURVIVING ENTITY AFTER THE MERGER OF PCA MOTORS PVT LTD),PUNE vs. ASSESSMENT UNIT, INCOME TAX DEPARTMENT, NATIONAL FACELESS ASSESSMENT CENTRE

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

Bench: SHRI MANISH BORAD (Accountant Member), SHRI VINAY BHAMORE (Judicial Member)

95,576 4. The above disallowances are reflected in line-item no.23 in Schedule BP under the heading "Any other item or items of addition under section

EATON TECHNOLOGIES PRIVATE LIMITED,PUNE vs. PRINCIPAL COMMISSIONER OF INCOME TAX, PUNE

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

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

disallowance. 07. Failure on the part of the FAO in taking into consideration the above facts and in making necessary disallowance/addition (as discussed in preceding Paras) has rendered the assessment order dated 26/02/2022 erroneous in so far as it is prejudicial to the interest of the revenue. This has resulted in under assessment of income to the tune

DCIT, CIRCLE 8 PUNE, PUNE vs. ALFA LAVAL INDIA PVT LTD, PUNE

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

section 37 while computing income tax on Business\nIncome. Since these expenses were disallowed in earlier years it could not be held\nliable for tax in the year under consideration when they are reversed and credited\nto Profit & Loss Account. Accordingly, the assessee took the deduction of\nRs.2,02,56,631/- in the relevant year under any other amount allowable

MS RAJMAL LAKHICHAND,JALGAON vs. DCIT, JALGAON

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

Bench: Shri R. K. Panda & Ms. Astha Chandraassessment Year : 2016-17 M/S Rajmal Lakhichand Vs. Dcit, Jalgaon 169, Balaji Peth, Jalgaon – 425001 Pan: Aacfr8609L (Appellant) (Respondent) Assessee By : Shri Nikhil Pathak Department By : Shri Arvind Desai, Addl Cit-Dr Date Of Hearing : 29-01-2025 Date Of Pronouncement : 11-04-2025 O R D E R

disallowed interest of Rs.2,95,58,034/- u/s 36(1)(iii) of the Act on the ground that the assessee has diverted the interest bearing funds to M/s. Ashoka Builders and Developers and Ashoka Engineering Co. without charging any interest. We find the Ld. CIT(A) / NFAC upheld the action of the Assessing Officer. It is the submission

SHREE SHIV SAHYADRI NAGARI SAHAKARI PATHSANSTHA MARYADIT,PUNE vs. INCOME TAX OFFICER WARD 7(3) PUNE, PUNE

In the result, appeal of the assessee is allowed

Bench: Dr.Dipak P. Ripote & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.1788/Pun/2024 िनधा"रण वष" / Assessment Year: 2019-20 Shree Shiv Sahyadri Nagari V The Income Tax Officer, Sahakari Pathanstha S Ward-7(3), Pune. Maryadit, Sai Park Road, Dighi, Pune – 411015. Pan: Aaeas1417N Appellant/ Assessee Respondent / Revenue Assessee By Shri Deepak Sasar – Ar Revenue By Smt. Shabana Parveen – Addl.Cit(Dr) Date Of Hearing 06/11/2024 Date Of Pronouncement 07/11/2024 आदेश/ Order Per Dr. Dipak P. Ripote, Am: This Is An Appeal Filed By The Assessee Directed Against The Order Of Ld.Commissioner Of Income Tax(Appeal)[Nfac], Under Section 250 Of The Income Tax Act, 1961 Dated 28.06.2024 For A.Y.2019-20. The Assessee Has Raised The Following Grounds Of Appeal : “1. The Ld.Cit(A) Has Wrongly Confirmed The Disallowance Of Deduction Of Rs.15,60,115/- Claimed By The Appellant U/S.80P(2)(A)(I) Of The Income Tax Act, 1961. 2. Alternatively, The Interest Income Earned By The Appellant From The Investments In A Co-Operative Bank Is Also Eligible For Deduction Under Section 80P(2)(D) Of The Income Tax Act, 1961. 3. The Appellant Crave Leave To Add, Delete, Amend, Alter, Vary And/Or Withdraw All Or Any One Of The Above Grounds Of Appeal.”

disallow the deduction claimed by assessee u/sec.80P of the Act, on account of not filing the Return of Income within the time mentioned under section 139(1) of the Act. The ld.AR read out relevant section 143(1) of the Act. Ld.AR for the assessee relied on the following case laws :  Chirakkal Service Co-Operative Bank Ltd. vs. Commissioner

DHARMAVEER SAMBHAJI NAGARI SAHAKARI PAT MARYADIT,PUNE vs. PCIT, PUNE

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

Bench: Shri R. K. Panda & Ms. Astha Chandraassessment Year : 2020-21 Dharmaveer Sambhaji Nagari Pcit-3, Pune Sahakari Pat Maryadit Vs. A/P Manchar, Tal-Ambegaon, Dist. Pune – 410503 Pan: Aaaad5228N (Appellant) (Respondent) Assessee By : Shri Sandip Argade Department By : Shri Amol Khairnar, Cit-Dr Date Of Hearing : 13-01-2026 Date Of Pronouncement : 16-01-2026

disallowing the claim of deduction u/s 80P of the Act to the extent of Rs.14,95,729/-. Further, the issue stands decided in favour of the assessee by various decisions. It is also his submission that it is not a case of lack of enquiry or no enquiry. Since the Assessing Officer in the instant case after considering the various

INCOME TAX OFFICER, WARD 5,SANGLI., SANGLI. vs. SHREE GANESH NAGARI SAHAKARI PAT SANSTHA MARYADIT, ASHTA,, ASHTA

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

Bench: Shri Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.2375/Pun/2025 िनधा"रण वष" / Assessment Year : 2018-19 Ito, Ward-5, Sangli. Vs. Shree Ganesh Nagari Sahakari Pat Sanstha Maryadit, Ashta, Tal. Walwa, Dist. Sangli, Sangli- 416301. Pan : Aaaas8248R Appellant Respondent C. O. No.49/Pun/2025 (Arising Out Of Ita No.2375/Pun/2025) िनधा"रण वष" / Assessment Year : 2018-19 Shree Ganesh Nagari Vs. Ito, Ward-5, Sangli. Sahakari Pat Sanstha Maryadit, Ashta, Tal. Walwa, Dist. Sangli, Sangli- 416301. Pan : Aaaas8248R Appellant Respondent Revenue By : Shri Umesh Phade Assessee By : Shri Sarang Gudhate Date Of Hearing : 25.11.2025 Date Of Pronouncement : 06.01.2026 आदेश / Order Per Vinay Bhamore, Jm: This Appeal Filed By The Revenue Is Directed Against The Order Dated 05.08.2025 Passed By Ld. Cit(A)/Nfac For The Assessment

95,71,620/- as against the Nil income returned by the assessee. The above assessed income includes addition of Rs.2,94,35,283/- (Rs.2,94,11,786/- interest earned from cooperative banks + Rs.23,497/- interest earned from Axis Bank) disallowance on account of deduction u/s 80P(2)(d) of the IT Act and addition of Rs.58,631/- being delayed payment

PRAJ INDUSTRIES LIMITED,PUNE vs. DCIT, CENTRAL CIRCLE 1(1), PUNE, PUNE

In the result, the appeal of assessee is allowed

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

section 14A of the Act. Accordingly, the submission of the Ld. DR in this regard is rejected. 8.2 We also do not find any substance in the contention of the Ld. DR that the details of employees handling the investments of the company were not furnished. We notice that in its note (copy at page 92 of the paper book

AIS SHIVAJI MEMORIAL SOCIETYS EMPLOYEES COOP CREDIT SOCIETY,PUNE vs. INCOME TAX OFFICER, WARD 2(1), PUNE, PUNE

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

Bench: Justice (Retd.) C V Bhadang & Shri R. K. Pandaassessment Year : 2019-20

disallowance of deduction claimed under section 10AA or under any of the provisions of Chapter VI-A under the heading "C.—Deductions in respect of certain incomes", if] the return is furnished beyond the due date specified under sub-section (1) of section 139” 7. He accordingly submitted that when the return was processed

JANATA GRAHAK MADHYAWARTI SAHKARI SANGH MARYADIT,PUNE vs. PCIT-4, PUNE, PUNE

In the result, appeal of the assessee is allowed

Bench: Shri Satbeer Singh Godara & Dr. Dipak P. Ripoteआयकर अपील सं. / Ita No.1273/Pun/2023 िनधा"रण वष" / Assessment Year : 2017-18 Janata Grahak Madhyawarti The Pr.Cit-4, Pune. Sahkari Sangh Maryadit, V 2020, Grahak Bhavan, Tilak S Road, Sadashiv Peth, Pune-411030. Pan: Aabaj7614D Appellant/ Assessee Respondent /Revenue Assessee By Shri Kishor B Phadke – Ar Revenue By Shri Keyur Patel – Dr(Cit) Date Of Hearing 10/01/2024 Date Of Pronouncement 25/01/2024

95,20,410 and by claiming deduction u/s 80P of the ITA, 1961 of Rs 5,91,63,718. Scrutiny Proceedings u/s 143(3) of the ITA, 1961 3. Appellant was subject to scrutiny proceedings u/s 143(3) of the ITA, 1961 for AY 2017-18. A brief event chart w.r.t scrutiny proceedings is as follows: Date Event 17/08/2018 Notice

DCIT, CENTRAL CIRCLE-2(2), PUNE, PUNE vs. KAKADE INFRASTRUCTURE PRIVATE LIMITED, MUMBAI

In the result, appeal of the Revenue is dismissed

Bench: Dr.Dipak P. Ripote & Shri Vinay Bhamoreआयकर अपऩल सं. / Ita Nos.2275 & 2277/Pun/2025 निर्धारण वषा / Assessment Years: 2013-14 & 2014-15 Dcit, V Kakade Infrastructure Private Limited,20Th Floor, A Wing, Central Circle-2(2), S Pune. Marathon Futurx, N.M.Joshi Marg Lower Parel, Mumbai – 400013. Pan: Aadck5852G Appellant / Revenue Respondent / Assessee Assessee By Shri Jay Bhansali (Virtual) Revenue By Shri Amol Khairnar – Cit(Dr) Date Of Hearing 19/01/2026 Date Of Pronouncement 29/01/2026 आदेश/ Order Per Dr. Dipak P. Ripote, Am: These Two Appeals Filed By The Revenue Against The Separate Orders Of Ld.Commissioner Of Income Tax(Appeal)[Nfac], Passed Under Section 250 Of The Income Tax Act, 1961 For The A.Y.2013-14 A.Y.2014-15 Both Dated 30.07.2025 Emanating From The Assessment Order Passed Under Section 143(3) Of The Act, Dated 28.03.2016 & 30.12.2016 Respectively. For The Sake Of Convenience, These Two

disallowance under section 14A read with Rule 8D(ii) of Rs.4,03,41,761/-. Ld.CIT(A) allowed assessee’s appeal. Aggrieved by the order of the ld.CIT(A), Revenue filed appeal before this Tribunal. Ld.CIT(A) for A.Y.2013-14 has noted that Assessee had not earned any exempt ITA Nos.2275 & 2277/PUN/2025 [D] income during the year. Therefore, ld.CIT(A) relied

DCIT, CENTRAL CIRCLE-2(2), PUNE vs. KAKADE INFRASTRUCTURE PRIVATE LIMITED, MUMBAI

In the result, appeal of the Revenue is dismissed

Bench: Dr.Dipak P. Ripote & Shri Vinay Bhamoreआयकर अपऩल सं. / Ita Nos.2275 & 2277/Pun/2025 निर्धारण वषा / Assessment Years: 2013-14 & 2014-15 Dcit, V Kakade Infrastructure Private Limited,20Th Floor, A Wing, Central Circle-2(2), S Pune. Marathon Futurx, N.M.Joshi Marg Lower Parel, Mumbai – 400013. Pan: Aadck5852G Appellant / Revenue Respondent / Assessee Assessee By Shri Jay Bhansali (Virtual) Revenue By Shri Amol Khairnar – Cit(Dr) Date Of Hearing 19/01/2026 Date Of Pronouncement 29/01/2026 आदेश/ Order Per Dr. Dipak P. Ripote, Am: These Two Appeals Filed By The Revenue Against The Separate Orders Of Ld.Commissioner Of Income Tax(Appeal)[Nfac], Passed Under Section 250 Of The Income Tax Act, 1961 For The A.Y.2013-14 A.Y.2014-15 Both Dated 30.07.2025 Emanating From The Assessment Order Passed Under Section 143(3) Of The Act, Dated 28.03.2016 & 30.12.2016 Respectively. For The Sake Of Convenience, These Two

disallowance under section 14A read with Rule 8D(ii) of Rs.4,03,41,761/-. Ld.CIT(A) allowed assessee’s appeal. Aggrieved by the order of the ld.CIT(A), Revenue filed appeal before this Tribunal. Ld.CIT(A) for A.Y.2013-14 has noted that Assessee had not earned any exempt ITA Nos.2275 & 2277/PUN/2025 [D] income during the year. Therefore, ld.CIT(A) relied

VEERACHARYA BABASAHEB KUCHNURE ZILLA NAGARI SAHAKARI PAT SANSTHA LTD.,SANGLI vs. INCOME TAX OFFICER 1(1), SANGLI

In the result, the appeal of the assessee is allowed

Bench: Shri Manish Borad & Ms. Astha Chandra

disallowance has been upheld by the Ld. CIT(A)/NFAC for the reasons reproduced above. It is the submissions of the Ld. Counsel for the assessee before us that the interest income earned by the assessee is eligible for deduction u/s 80P(2)(a)(i) of the Act. Alternatively, relying on the decision of the Pune Bench of the Tribunal

VEERACHARYA BABASAHEB KUCHNURE ZILLA NAGARI SAHAKARI PAT SANSTHA LIMITED,SANGLI vs. INCOME TAX OFFICER 1(1), SANGLI

In the result, the appeal of the assessee is allowed

Bench: Shri Manish Borad & Ms. Astha Chandra

disallowance has been upheld by the Ld. CIT(A)/NFAC for the reasons reproduced above. It is the submissions of the Ld. Counsel for the assessee before us that the interest income earned by the assessee is eligible for deduction u/s 80P(2)(a)(i) of the Act. Alternatively, relying on the decision of the Pune Bench of the Tribunal

DANA ANAND INDIA PRIVATE LIMITED,PUNE vs. DCIT, AKURDI,PUNE

95,140/-\n2\nIncome as computed u/s143(1)(a)\n171,08,51,010/-\n3\nVariation in respect of disallowance of\ndeduction claimed u/s 80G of the Act\n1,57,55,750/-\n4\nAddition u/s 41 of the Act\n6,66,765/-\n5\nEducation cess\n1,59,33,528/-\n6\nTotal variations made\n3,23,56,340/-\n7\nTotal Income\n174

PRABHAT GRAMIN BIGARSHETI SAHAKARI PATNSANSTHA MARYADIT TADWADI,RAIGAD vs. ITO, WARD 3, PANVEL

In the result, the appeal of the assessee is allowed for statistical purposes

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

disallowed the claim of the assessee. This being a mistake apparent from record, the assessee filed an application for rectification under section 154 of the Act before the Ld. AO who rejected the assessee’s application without giving any reasons for such rejection (pages 95

AJIT NAGARI SAHAKARI PAT SANSTHA LTD,PUNE vs. DCIT, CIR-7, PUNE, PUNE

In the result, appeal of the Assessee is partly allowed

Bench: Dr.Dipak P. Ripote & Shri Vinay Bhamoreआयकर अपऩल सं. / Ita No.2318/Pun/2025 निर्धारण वषा / Assessment Year: 2022-23 Ajit Nagari Sahakari Pat V Dcit, Sanstha Ltd., S Circle-7, Pune. Rashtrawadi Bhavan, Hudco Road, Saswad, Tal-Khed, Pune – 412301. Pan: Aaaaa6401E Appellant/ Assessee Respondent /Revenue Assessee By Smt Deepa Khare Revenue By Smt Neha Thakkar – (Virtual) On Rotation Duty Date Of Hearing 22/01/2026 Date Of Pronouncement 23/01/2026 आदेश/ Order Per Dr. Dipak P. Ripote, Am: This Is An Appeal Filed By The Assessee Against The Order Of Ld.Commissioner Of Income Tax(Appeal)[Nfac], Passed Under Section 250 Of The Income Tax Act, 1961 For The A.Y.2022-23 Dated 10.01.2025 Emanating From The Assessment Order Passed Under

section 144B of the Act, dated 05.03.2024. The Assessee has raised the following grounds of appeal : “1. The ld CIT(A) erred in law and on facts in confirming disallowance of deduction u/s 80P(2)(d) of Rs.1,95