ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE -2, SURAT vs. M/S AALIDHAR TEXTOOL ENGINEERS PVT. LTD., SURAT

In the result, the grounds of appeal raised by Revenue are partly allowed

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

10,010 under section 14A. The Assessing Officer invoked the provision of Rule 8D made disallowance of Rs.2.15 crore by considering that assessee had non-current investment of Rs.207.90 crore. The ld. AR of the assessee while making his submission submitted that expenses relating to exempt income that is share trading expenses is only Rs.8,29

ASST. COMMISSIONER OF INCOME TAX, CC-2, SURAT vs. AALIDHAARA TEXTOOL ENGINEERS PVT. LTD, SURAT

In the result, the grounds of appeal raised by Revenue are partly allowed

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

10,010 under section 14A. The Assessing Officer invoked the provision of Rule 8D made disallowance of Rs.2.15 crore by considering that assessee had non-current investment of Rs.207.90 crore. The ld. AR of the assessee while making his submission submitted that expenses relating to exempt income that is share trading expenses is only Rs.8,29

ENVIRO TECHNOLOGY LTD.,,ANKLESHWAR vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, BHARUCH CIRCLE-2,, BHARUCH

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Hearing In Virtual Court) Bharuch Enviro Deputy Commissioner Of Infrastructure Ltd.117-118, Income Tax, Bharuch Vs Gidc Estate-393002 Circle, Pan : Aaacb 8075 F Assessee / Appellant Revenue /Respondent

29,648/- by disallowing interest income and making addition on account of disallowance under section 43B of the Act of Rs.2,41,651/-.The Assessing Officer while further taking view that in view of his observation that assessee was not having any agreement with any government, local authority & statutory body. Accordingly, following entire disallowance under section 80IA was disallowed

ENVIRO TECHNOLOGY LIMITED,,ANKLESHWAR vs. THE ACIT.,BHARUCH CIRCLE,, BHARUCH

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Hearing In Virtual Court) Bharuch Enviro Deputy Commissioner Of Infrastructure Ltd.117-118, Income Tax, Bharuch Vs Gidc Estate-393002 Circle, Pan : Aaacb 8075 F Assessee / Appellant Revenue /Respondent

29,648/- by disallowing interest income and making addition on account of disallowance under section 43B of the Act of Rs.2,41,651/-.The Assessing Officer while further taking view that in view of his observation that assessee was not having any agreement with any government, local authority & statutory body. Accordingly, following entire disallowance under section 80IA was disallowed

BHARUCH ENVIRO INFRASTRUCTURE LTD.,,ANKLESHWAR vs. DY. COMMISSIONER OF INCOME TAX,, BHARUCH

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Hearing In Virtual Court) Bharuch Enviro Deputy Commissioner Of Infrastructure Ltd.117-118, Income Tax, Bharuch Vs Gidc Estate-393002 Circle, Pan : Aaacb 8075 F Assessee / Appellant Revenue /Respondent

29,648/- by disallowing interest income and making addition on account of disallowance under section 43B of the Act of Rs.2,41,651/-.The Assessing Officer while further taking view that in view of his observation that assessee was not having any agreement with any government, local authority & statutory body. Accordingly, following entire disallowance under section 80IA was disallowed

ENVIRO TECHNOLOGY LTD.,,ANKLESHWAR vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, BHARUCH CIRCLE-2,, BHARUCH

In the result, appeal of the assessee is allowed

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

10,10163/-, (ii) interest earned on deposit with Gujarat Electricity Board (GEB) of Rs. 1,28,136/- and (iii) interest on other deposits of Rs. 12,13,380/-. The assessing officer disallowed the receipt to include in the deduction of 80IA by taking view that 29 ITA 2018/Ahd/2014 Enviro Technology Ltd. Vs ACIT &7Ors. appeals the assessee has not furnished

ENVIRO TECHNOLOGY LTD.,,ANKLESHWAR vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, BHARUCH CIRCLE-2,, BHARUCH

In the result, appeal of the assessee is allowed

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

10,10163/-, (ii) interest earned on deposit with Gujarat Electricity Board (GEB) of Rs. 1,28,136/- and (iii) interest on other deposits of Rs. 12,13,380/-. The assessing officer disallowed the receipt to include in the deduction of 80IA by taking view that 29 ITA 2018/Ahd/2014 Enviro Technology Ltd. Vs ACIT &7Ors. appeals the assessee has not furnished

ENVIRO TECHNOLOGY LTD.,,ANKLESHWAR vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, BHARUCH CIRCLE-2,, BHARUCH

In the result, appeal of the assessee is allowed

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

10,10163/-, (ii) interest earned on deposit with Gujarat Electricity Board (GEB) of Rs. 1,28,136/- and (iii) interest on other deposits of Rs. 12,13,380/-. The assessing officer disallowed the receipt to include in the deduction of 80IA by taking view that 29 ITA 2018/Ahd/2014 Enviro Technology Ltd. Vs ACIT &7Ors. appeals the assessee has not furnished

ENVIRO TECHNOLOGY LTD.,,ANKLESHWAR vs. ASSTT. COMMISSIONER OF INCOME TAX., BHARUCH

In the result, appeal of the assessee is allowed

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

10,10163/-, (ii) interest earned on deposit with Gujarat Electricity Board (GEB) of Rs. 1,28,136/- and (iii) interest on other deposits of Rs. 12,13,380/-. The assessing officer disallowed the receipt to include in the deduction of 80IA by taking view that 29 ITA 2018/Ahd/2014 Enviro Technology Ltd. Vs ACIT &7Ors. appeals the assessee has not furnished

ENVIRO TECHNOLOGY LTD.,,ANKLESHWAR vs. THE ADDITIONAL COMMISSIONER OF INCOME TAX, BHARUCH CIRCLE,, BHARUCH

In the result, appeal of the assessee is allowed

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

10,10163/-, (ii) interest earned on deposit with Gujarat Electricity Board (GEB) of Rs. 1,28,136/- and (iii) interest on other deposits of Rs. 12,13,380/-. The assessing officer disallowed the receipt to include in the deduction of 80IA by taking view that 29 ITA 2018/Ahd/2014 Enviro Technology Ltd. Vs ACIT &7Ors. appeals the assessee has not furnished

ENVIRO TECHNOLOGY LTD.,,ANKLESHWAR vs. ASSTT. COMMISSIONER OF INCOME TAX,, BHARUCH

In the result, appeal of the assessee is allowed

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

10,10163/-, (ii) interest earned on deposit with Gujarat Electricity Board (GEB) of Rs. 1,28,136/- and (iii) interest on other deposits of Rs. 12,13,380/-. The assessing officer disallowed the receipt to include in the deduction of 80IA by taking view that 29 ITA 2018/Ahd/2014 Enviro Technology Ltd. Vs ACIT &7Ors. appeals the assessee has not furnished

ENVIRO TECHNOLOGY LIMITED,,ANKLESHWAR vs. THE ACIT.,BHARUCH CIRCLE,, BHARUCH

In the result, appeal of the assessee is allowed

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

10,10163/-, (ii) interest earned on deposit with Gujarat Electricity Board (GEB) of Rs. 1,28,136/- and (iii) interest on other deposits of Rs. 12,13,380/-. The assessing officer disallowed the receipt to include in the deduction of 80IA by taking view that 29 ITA 2018/Ahd/2014 Enviro Technology Ltd. Vs ACIT &7Ors. appeals the assessee has not furnished

ENVIRO TECHNOLOGY LIMITED,,ANKLESHWAR vs. THE ACIT.,BHARUCH CIRCLE,, BHARUCH

In the result, appeal of the assessee is allowed

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

10,10163/-, (ii) interest earned on deposit with Gujarat Electricity Board (GEB) of Rs. 1,28,136/- and (iii) interest on other deposits of Rs. 12,13,380/-. The assessing officer disallowed the receipt to include in the deduction of 80IA by taking view that 29 ITA 2018/Ahd/2014 Enviro Technology Ltd. Vs ACIT &7Ors. appeals the assessee has not furnished

NAVAGAM VIBHAG SEVA SAHAKARI MANDLI LTD,NA vs. ARIVS.INCOME TAX OFFICER, WARD 3 , NAVSARI

In the result, all the appeals filed by the assessee are hereby dismissed

Bench: Shri Siddhartha Nautiyal & Shri Bijayananda Pruseth

29,545/- towards Agriculture Products & Implements u/s 80P2(a)(iii) & (iv).” “1. The learned (AO) CPC-Bengaluru has erred in making addition of Rs. 6,72,620/- towards Dividend received from other Co-operative Society deduction disallowed under section u/s 80P(2)(d) which is contrary to law hence required to be quashed. 2. The learned (AO) CPC-Bengaluru without

NAVAGAM VIBHAG SEVA SAHKARI MANDLI LTD,NA vs. ARIVS.ITO, WARD-3, NAVSARI

In the result, all the appeals filed by the assessee are hereby dismissed

Bench: Shri Siddhartha Nautiyal & Shri Bijayananda Pruseth

29,545/- towards Agriculture Products & Implements u/s 80P2(a)(iii) & (iv).” “1. The learned (AO) CPC-Bengaluru has erred in making addition of Rs. 6,72,620/- towards Dividend received from other Co-operative Society deduction disallowed under section u/s 80P(2)(d) which is contrary to law hence required to be quashed. 2. The learned (AO) CPC-Bengaluru without

MOGAR PARTAPORE VIBHAG SEVA SAHKARI MANDLI LTD,NA vs. ARIVS.DCIT, NAVSARI CIRCLE , NAVSARI

In the result, all the appeals filed by the assessee are hereby dismissed

Bench: Shri Siddhartha Nautiyal & Shri Bijayananda Pruseth

29,545/- towards Agriculture Products & Implements u/s 80P2(a)(iii) & (iv).” “1. The learned (AO) CPC-Bengaluru has erred in making addition of Rs. 6,72,620/- towards Dividend received from other Co-operative Society deduction disallowed under section u/s 80P(2)(d) which is contrary to law hence required to be quashed. 2. The learned (AO) CPC-Bengaluru without

NAVAGAM VIBHAG SEVA SAHKARI MANDLI LTD.,NA vs. ARIVS.ITO, WARD 3 , NAVSARI

In the result, all the appeals filed by the assessee are hereby dismissed

Bench: Shri Siddhartha Nautiyal & Shri Bijayananda Pruseth

29,545/- towards Agriculture Products & Implements u/s 80P2(a)(iii) & (iv).” “1. The learned (AO) CPC-Bengaluru has erred in making addition of Rs. 6,72,620/- towards Dividend received from other Co-operative Society deduction disallowed under section u/s 80P(2)(d) which is contrary to law hence required to be quashed. 2. The learned (AO) CPC-Bengaluru without

NAVAGAM VIBHAG SEVA SAHKARI MANDLI LTD,NA vs. ARIVS.ITO, WARD 3 , NAVSARI

In the result, all the appeals filed by the assessee are hereby dismissed

Bench: Shri Siddhartha Nautiyal & Shri Bijayananda Pruseth

29,545/- towards Agriculture Products & Implements u/s 80P2(a)(iii) & (iv).” “1. The learned (AO) CPC-Bengaluru has erred in making addition of Rs. 6,72,620/- towards Dividend received from other Co-operative Society deduction disallowed under section u/s 80P(2)(d) which is contrary to law hence required to be quashed. 2. The learned (AO) CPC-Bengaluru without

BHARUCH ENVIRO INFRASTRUCTURE LIMITED,,ANKLESHWAR vs. THE DY.CIT,BHARUCH CIRCLE,, BHARUCH

In the result, this appeal of the assessee is partly allowed

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

29 November 2013 was issued to the appellant to explain as to why income from Land Filing Project –I should not be held ineligible for deduction under section 80-IA(4) of the Act and accordingly, entire deduction claimed on account of such income should not be disallowed and the assessment accordingly enhanced. The assessee filed detailed explained dated