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5 results for “reassessment u/s 147”+ Section 80P(2)(d)clear

Sorted by relevance

Mumbai33Chennai19Jaipur16Bangalore11Delhi10Ahmedabad9Hyderabad9Visakhapatnam8Kolkata7Cochin6Jodhpur6Pune5Amritsar4Karnataka4Panaji2Chandigarh2Nagpur1Rajkot1

Key Topics

Section 80P(2)(a)18Section 80P11Section 80P(2)(d)8Section 1475Section 2635Deduction5Section 80A4Addition to Income4Section 143(3)3

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

ITA 671/PUN/2025[2020-21]Status: DisposedITAT Pune09 Sept 2025AY 2020-21
For Appellant: \nDepartment by
Section 142(1)Section 80P(2)(a)Section 80P(2)(d)

reassessment\nproceedings under Section 147 and has strenuously submitted\nthat the Assessing Officer has rightly observed that the interest\nderived from the credit provided to its member is deductible\nunder Section 80P(2)(a)(i) of the Act, however, on verification of\nthe case record at the stage of scrutiny assessment, it was\nnoticed that the assessee had received interest

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

Section 142(1)2
Business Income2
Reassessment2
ITA 670/PUN/2025[2018-19]Status: Disposed
ITAT Pune
09 Sept 2025
AY 2018-19

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

For Appellant: Miss Sailee Gujarathi (Virtual)For Respondent: Shri Ramnath P. Murkunde
Section 142(1)Section 143(3)Section 80P(2)(a)Section 80P(2)(d)

u/s 80(P)(2)(d) and specifically under S 80(P)(2)(a) (i) of the IT Act. That Sec 80P(2)(a)(i) of the Act is not applicable for the simple reason that the surplus funds have not been utilized in the ordinary course of business of assessee. !t is not the business of the assessee to deposit

MAHATMA PHULE GRAMIN BIGARSHETI SAHAKAR PAT SANSTHA LTD,KOLHAPUR vs. PCIT-1, PUNE, PUNE

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

ITA 1049/PUN/2025[2018-19]Status: DisposedITAT Pune09 Jan 2026AY 2018-19

Bench: Shri R. K. Panda & Ms. Astha Chandraassessment Year : 2018-19 Mahatma Phule Gramin Bigarsheti Pcit-1, Pune Sahakar Pat Sanstha Vs. A/P Hattiwade, Ajara, Kolhapur – 416505 Pan: Aaaam2608K (Appellant) (Respondent) Assessee By : None (Written Submission Filed) Department By : Shri Amol Khairnar, Cit-Dr Date Of Hearing : 09-12-2025 Date Of Pronouncement : 09-01-2026 O R D E R

For Appellant: None (written submission filed)For Respondent: Shri Amol Khairnar, CIT-DR
Section 139(1)Section 139(4)Section 147Section 148Section 263Section 80ASection 80PSection 80P(2)(a)Section 80P(2)(c)Section 80P(2)(d)

2. Whether filing of ITR within time as section 80AC is mandatory or discretionary Whether on the facts and circumstances of case and in Law, the PCIT is correct in invoking provision under Section 263 for disallowance of deduction under section 80P, without appreciating that compliance under section 80AC is not mandatory and it is discretionary and further, by implication

SHARADCHANDRA NAGARI SAHAKARI PATSANSTHA MARYADIT,PUNE vs. ITO WARD 10(1), PUNE

In the result, appeal of the assessee is allowed

ITA 1068/PUN/2025[2011-12]Status: DisposedITAT Pune18 Jun 2025AY 2011-12

Bench: Ms.Astha Chandra & Dr.Dipak P. Ripoteआयकर अपील सं. / Ita No.1068/Pun/2025 िनधा"रण वष" / Assessment Year: 2011-12 Sharadchandra Nagari Sahakari V The Income Tax Officer, Patsanstha Maryadit, S Ward-10(1), Pune. At Post–Rajuri, Taluka–Junnar, Dist. Pune – 412411. Maharashtra. Pan: Aaabs1016L Appellant/ Assessee Respondent / Revenue Assessee By Shri Abhay Avachat – Ar Revenue By Shri Dayanand Jawalikar – Jcit(Dr) Date Of Hearing 12/06/2025 Date Of Pronouncement 18/06/2025

Section 143(3)Section 147Section 148Section 250Section 56Section 57Section 80PSection 80P(2)(a)Section 80P(2)(d)

d) claimed by assessee in respect of interest earned from coop banks and the learned CIT A erred in disallowing the same. 2. The learned AO has erred in disallowing the entire deduction of Rs. 35,18,577/-claimed by assessee u/s 80P despite compliance with relevant provisions and the Id. CIT A erred in confirming the same

CHAKAN GRAMIN BIGARSHETI SAHKARI PATHSANSTHA MARYADIT,PUNE vs. ITO WARD 8(3), PUNE, PUNE

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

ITA 14/PUN/2025[2015-16]Status: DisposedITAT Pune07 Aug 2025AY 2015-16

Bench: Dr. Manish Borad & Shri Vinay Bhamoreआयकर अपील सं / Ita No.14/Pun/2025 धििेंारण वर्ा /Assessment Year: 2015-16 Chakan Gramin Bigarsheti Ito Ward 8(3), Pune Sahkari Pathsanstha Maryadit, Vs. Oppo. Chakan Market Yard, Chakan, Khed, Pune-410501 Maharashtra Pan-Aaatc4916H अपीलेंर्थी / Appellant प्रत्यर्थी/Respondent Assessee By: Ca Pramod Shingte Department By: Shri Ramnath P Murkunde Date Of Hearing: 07-08-2025 Date Of Pronouncement: 21-08-2025 आदीश / Order

For Appellant: CA Pramod ShingteFor Respondent: Shri Ramnath P Murkunde
Section 143(3)Section 147Section 250Section 80PSection 80P(2)(a)Section 80P(2)(d)

147 r.w.s 144B of the Act dated 29.03.2024 framed by Income Tax Officer, NFAC, Delhi. 2. Assessee has raised following grounds of appeal:- 1. On the facts and in the circumstances of the case and in law, the learned Assessing Offer erred in rejecting deduction u/s 80P(2)(a)(i) for a sum of Re: 1,17,61,110/- being