HREYANSH VASUNDHARA FAMILY TRUST,PUNE vs. INCOME TAX OFFICER, WARD-7(1), PUNE, PUNE
In the result, the appeal of the assessee is allowed
ITA 1795/PUN/2024[2023-24]Status: DisposedITAT Pune29 May 2025AY 2023-24
Bench: Shri R.K. Panda & Ms. Astha Chandra
For Appellant: Shri Kiran SanmaneFor Respondent: Shri Ramnath P. Murkunde
Section 111ASection 112Section 112ASection 143(1)Section 167Section 167BSection 2(290)Section 234C
167B rws 2(29C) are applicable, the whole income would be subjected to highest slab of taxation for the given income, irrespective of the nature of income.
4. In not appreciating that the words "rate of income-tax (including surcharge on income-tax, if any)" in section 2(290) denotes two separate levies and hence MMR does not automatically