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Mahatma Phule Gramin Bigar Sheti ... vs Income-Tax Officer, Ward - 2,, ... on 22 February, 2019

3. I have heard both the sides and perused the relevant material on record. It is observed that the ld. CIT(A) denied the claim of deduction u/s.80P on the ground that interest from nationalized banks does not qualify for deduction under this section. The ld. AR placed on record a copy of an order of the Pune Bench dated 28-11-2018 in the case of ITO Vs. Sureshdada Jain Nagri Sahakari Patsanstha (ITA No.589/PN/2016) wherein the decision of CIT(A) allowing deduction u/s.80P was approved by the Tribunal. I find the said decision is squarely applicable to the facts of the instant case.
Income Tax Appellate Tribunal - Pune Cites 5 - Cited by 0 - Full Document

Shree Santaji Maharaj Nagarisah. ... vs Income Tax Officer,, Nashik on 28 March, 2019

3. I have heard both the sides and perused the relevant material on record. It is observed that the ld. CIT(A) denied the claim of deduction u/s.80P on the ground that interest from nationalized banks does not qualify for deduction under this section. The ld. AR placed on record a copy of an order of the Pune Bench dated 28-11-2018 in the case of ITO Vs. Sureshdada Jain Nagri Sahakari Patsanstha (ITA No.589/PN/2016) wherein the decision of CIT(A) allowing deduction u/s.80P was approved by the Tribunal. I find the said decision is squarely applicable to the facts of the instant case.
Income Tax Appellate Tribunal - Pune Cites 7 - Cited by 0 - Full Document

Sureshdada Jain Nagari Sahakari ... vs Principal Commissioner Of Income-Tax : ... on 9 April, 2019

3. We have heard both the sides and perused the relevant material on record. It is observed that the ld. CIT's entire order 3 ITA No. 713/PUN/2016 Sureshdada Jain Nagari Sahakari Patsanstha Maryadit is premised on the proposition that the assessee is not eligible for deduction u/s.80P on the amount of interest on FDRs earned from nationalized banks. The decision that a higher amount ought to have been taxed by the AO is a consequence of the above view. The ld. AR placed on record a copy of an order of the Pune Bench dated 28-11-2018 in the case of ITO Vs. Sureshdada Jain Nagri Sahakari Patsanstha (ITA No.589/PN/2016) wherein the decision of ld. CIT(A) allowing deduction u/s.80P was approved by the Pune Tribunal.
Income Tax Appellate Tribunal - Pune Cites 8 - Cited by 0 - Full Document

Income Tax Officer, Pandharpur vs Dhanshri Multi State Co-Operative ... on 13 June, 2024

"5. With regard to this issue, the Ld. AR of the assessee at the time of hearing submitted that ground No.1 is already decided in favour of the assessee by the decision of the Co- ordinate Bench of the Tribunal, Pune in ITA No.589/PUN/2016 for the assessment year 2012-13 in the case of ITO Vs. Sureshdada Jain Nagri Sahakari Patsanstha, therein, in Para 2 of the order, the issue is as under:
Income Tax Appellate Tribunal - Pune Cites 17 - Cited by 0 - Full Document

Mhasimata Mahila Gramin Bigar Sheti ... vs Ito, Ward1, Dhule, Dhule on 20 June, 2024

"5. With regard to this issue, the Ld. AR of the assessee at the time of hearing submitted that ground No.1 is already decided in favour of the assessee by the decision of the Co- ordinate Bench of the Tribunal, Pune in ITA No.589/PUN/2016 for the assessment year 2012-13 in the case of ITO Vs. Sureshdada Jain Nagri Sahakari Patsanstha, therein, in Para 2 of the order, the issue is as under:
Income Tax Appellate Tribunal - Pune Cites 15 - Cited by 0 - Full Document

Shri Ganesh Urban Cooperative Credit ... vs Income Tax Officer, Ward-1(1), ... on 21 June, 2024

"5. With regard to this issue, the Ld. AR of the assessee at the time of hearing submitted that ground No.1 is already decided in favour of the assessee by the decision of the Co- ordinate Bench of the Tribunal, Pune in ITA No.589/PUN/2016 for the assessment year 2012-13 in the case of ITO Vs. Sureshdada Jain Nagri Sahakari Patsanstha, therein, in Para 2 of the order, the issue is as under:
Income Tax Appellate Tribunal - Pune Cites 23 - Cited by 0 - Full Document
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