Sadhbhav Sanmitra Nagri Sahakari Patsanstha Maryadit Chikhli vs. Income Tax Officer, Ward-2, Khamgaon

Parties Involved

Facts Summary

The assessee, Sadhbhav Sanmitra Nagri Sahakari Patsanstha Maryadit Chikhli, filed an appeal against the order passed by the National Faceless Appeal Centre, Delhi, arising out of the assessment order dated 07.02.2024 under section 147 read with section 144B of the Income Tax Act, 1961. The assessee raised several grounds of appeal, including the illegality of the order, disallowance of deduction under section 80P(2)(a)(i) of the Act, inability to file the return of income due to severe illness, incorrect determination of total income, denial of liability to pay interest and penalty, and the right to add or modify grounds of appeal. The assessee also cited additional grounds based on jurisdictional and legal errors.…

Legal Issues

• 1. Illegality of the order passed by the Commissioner of Income Tax (Appeals)
• 2. Disallowance of deduction under section 80P(2)(a)(i) of the Act

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

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