The Chikhli Taluka Prathmik Shikshak Sahakari Pat Sanstha Marya vs. Income Tax Officer

Parties Involved

Facts Summary

The Chikhli Taluka Prathmik Shikshak Sahakari Pat Sanstha Marya, an assessee, filed appeals against the orders passed by the National Faceless Appeal Centre, Delhi, regarding assessment years 2018-19 and 2019-20. The assessee argued that the orders were illegal and bad in law, particularly regarding the disallowance of deductions under section 80P of the Income Tax Act, 1961. The assessee contended that the Assessing Officer had exceeded his jurisdiction by making disallowances not covered by the reasons for reopening the assessment. The Tribunal considered the arguments and decided in favor of the assessee.…

Legal Issues

• 1. Whether the order framed by the Commissioner of Income Tax (Appeals) is illegal, unjustified, and bad in law.
• 2. Whether the disallowance of deduction under section 80P of the Income Tax Act, 1961, is justified.

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

Similar Judgements

• Income Tax Officer, Ward-1, Chandrapur v/s Bhagyashri Nagri Sahakari Pat Sanstha Maryadit

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• The Vainganga Nagari Sahakari Pat Sanstha Ltd. v/s Income Tax Officer

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• Jai Bhavani Reti Utpadak Sahakari Sanstha Ltd. Vs ITO, Ward-4(1), Thane

  SMC Bench, Mumbai benchAY 2016-17Allowed

• Kalbhairavnath Gramin Bigarsheti Sahakari Pat Sanstha Maryadit Vs. ITO, Ward 14(5), Pune

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• Karnataka Bank Ltd. vs. The Deputy Commissioner of Income Tax

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• M/s. Shraddha Sakh Sahakari Sanstha vs. Income Tax Officer, Sendhwa

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