2023 (5) TMI 34

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....essee against order dated 22.11.2022 passed by the CIT(A), National Faceless Appeal Centre (NFAC), Delhi for the Assessment Year 2018-19. 2. The Assessee has raised the following grounds of appeal :- "1. The Learned CIT (Appeals) erred in disregarding the submission made during the course of appellate proceedings and further erred in confirming the disallowance of deduction u/s.80P(2)(d) of the....

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....he Assessment Year 2018-19. The return of the assessee was processed under Section 143(1) of the Income Tax Act, 1961 at Rs.91,86,940/- The case was selected for limited scrutiny assessment on the issue of deduction from total income under Chapter VI-A. The assessee claimed deduction under Section 80P particularly that of interest from Co-operative Bank and income from cottage industries. Interest....

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....imited vs. ACIT, 72 taxmann.com 169 (Gujarat) and CIT vs. Sabarkantha District Co-operative Milk Producers Union Limited (Tax Appeal No.473 of 2014, order dated 16.06.2014) as well as S. Jafari Momin, 662 ITR 331. 6. The Ld. DR relied upon the Assessment Order and the order of the CIT(A). 7. Heard both the parties and perused all the relevant material available on record. There is no dispute tha....