2023 (9) TMI 1711

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....PER SANJAY ARORA, AM: This is an Appeal by the Assessee agitating the dismissal of it's appeal contesting the denial of deduction under section 80P of the Income-tax Act, 1961 ('the Act') on processing of it's return of income for assessment year (AY) 2019- 2020 vide Intimation u/s. 143(1) dated 15.6.2020, by the Commissioner of Income-tax (Appeals), Income Tax Department [CIT(A)] vide order da....

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....3(1)(a). This Tribunal has, vide a detailed order in Kollad Service Co-operative Bank Ltd. & Ors. v. ITO(in ITA No. 95/Coch/2023, dated 25.9.2023), found the adjustment u/s. 143(1)(a)(ii), which has been applied in the instant case as well, as not maintainable, as indeed u/s. 143(1)(a)(v) where the same is prior to 01.04.2021, i.e., the date on which the corresponding amendment, i.e., with referen....