MORATTUPALAYAM PRIMARY AGRICULTURAL CO OP CREDIT SOCIETY LTD,TIRUPUR vs. INCOME TAX OFFICER, WARD 1(2), TIRUPUR, TIRUPUR
आयकर अपीलीय अिधकरण, ‘बी’ यायपीठ, चे ई।
IN THE INCOME TAX APPELLATE TRIBUNAL
‘B’ BENCH: CHENNAI
ी एबी टी. वक
, ाियक सद एवं
एवं
एवं
एवं
ी अिमताभ शुा, लेखा सद के सम
BEFORE SHRI ABY T. VARKEY, JUDICIAL MEMBER AND SHRI AMITABH SHUKLA, ACCOUNTANT MEMBER
आयकर अपील सं./ITA No.2331/Chny/2024
िनधारण वष/Assessment Year: 2017-18
M/s.Morattupalayam –
Primary Agricultural Co-op.
Credit Society Ltd.,
1/142, Kavundampalayam,
Morattupalayam (PO),
Uthukulli Tk.,
Tirupur-638 752. v.
The ITO,
Ward-1(2),
Tirupur.
[PAN: AACAM 0406 D]
(अपीलाथ/Appellant)
(यथ/Respondent)
अपीलाथ क ओर से/ Appellant by :
Ms. A. Vijayalakshmi, CA
यथ क ओर से /Respondent by :
Ms. Sheila Parthasarthy,
Addl.CIT
सुनवाईकतारीख/Date of Hearing
:
04.12.2024
घोषणाकतारीख /Date of Pronouncement
:
05.02.2025
आदेश / O R D E R
PER ABY T. VARKEY, JM:
This is an appeal preferred by the assessee Agricultural Co-op.
Credit Society against the order of the Learned Commissioner of Income
Tax (Appeals)/Addl./JCIT (A)-2, Jaipur, (hereinafter in short "the Ld.CIT(A)”), dated 11.07.2024 for the Assessment Year (hereinafter in short "AY”) 2017-18. M/s.Morattupalayam Primary Agricultural-
Co-op. Credit Society Ltd.
:: 2 ::
The main grievance of the assessee is against the action of the First Appellate Authority confirming the action of the AO denying deduction u/s.80P of the Income Tax Act, 1961 (hereinafter in short "the Act”). 3. The brief facts are that the assessee is a Primary Agricultural Co- operative Credit Society registered under the Tamil Nadu Co-operative Societies Act, 1983, (hereinafter in short ‘TNCS Act’) which is under the control of the Dy.