IN THE INCOME TAX APPELLATE TRIBUNAL NAGPUR BENCH, NAGPUR BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER SMC MATTER (Assessment Year : 2016–17)

Rajura Nagari Sahakari Pat Sanstha Maryadit, Near Old Bus Stand ……………. Appellant Rajura, Chandrapur 442 905 PAN – AAAAR5884N v/s Income Tax Officer ……………. Respondent Ward–5, Chandrapur Assessee by : Shri Abhay Agrawal Revenue by : Shri Abhay Y. Marathe Date of Hearing – 04/02/2025 Date of Order – 25/02/2025

O R D E R

This appeal by the assessee is emanating from the impugned order dated 02/05/2023, passed by the learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi, [―learned CIT(A)‖], for the assessment year 2016–17.

2. In its appeal, the assessee has raised following grounds:–

―1. The order passed by Commissioner of Income Tax (Appeals), National Faceless Appeal Centre u/s 250 of I.T Act 1961 is illegal, invalid, and bad in law.

2. The learned CIT(A) erred in confirming the action of the learned AO in making disallowance of deduction claimed u/s 80P at Rs. 17,32,958/- as claimed in the Return of Income.

3. The AO and learned CIT(A) ought to have allowed the deduction u/s 80P of the I.T. Act, 1961 as claimed in the Retu