CIT v. Solapur Nagri Audyogik Sahakari Bank Ltd.

Nagpur District Shala Karmachari Credit Co-Operative Society Ltd, Nagpur vs. Income Tax Officer Ward 4 (4), Nagpur

In the result, assessee's appeal is allowed

…IN THE INCOME TAX APPELLATE TRIBUNAL NAGPUR BENCH “SMC”, (VIRTUAL HEARING : AT PUNE) BEFORE SHRI R. K. PANDA, VICE PRESIDENT ITA Nos.774 & 775/NAG/2025 Assessment Years : 2018-19 & 2020-21 Nagpur District Shala Karmachari Credit Co-operative Society Ltd., Nagpur Amiket Complex, 01, Vakilpeth, Nagpur – 440009 PAN : AAALN0073A (Appellant) Vs. ITO, Ward 4(4), Nagpur (Respondent) Assessee by : Shri K P Dewani (through virtual) Department by : Shri Surjit Kumar Saha Sr.DR (through virtual) Date of hearing : 05-02-2026 Date of pronouncement : 19-02-2026 ORDER PER R. K. PANDA, VP : The above 2 appeals filed by the asses…

Nagpur District Shala Karmachari Credit Co-Operative Society Ltd, Nagpur vs. Income Tax Officer Ward 4 (4), Nagpur

In the result, assessee’s appeal is allowed

Bench: Shri R. K. Panda

…IN THE INCOME TAX APPELLATE TRIBUNAL NAGPUR BENCH “SMC”, (VIRTUAL HEARING : AT PUNE) BEFORE SHRI R. K. PANDA, VICE PRESIDENT ITA Nos.774 & 775/NAG/2025 Assessment Years : 2018-19 & 2020-21 Nagpur District Shala Karmachari Credit ITO, Ward 4(4), Nagpur Co-operative Society Ltd., Nagpur Vs. Amiket Complex, 01, Vakilpeth, Nagpur – 440009 PAN : AAALN0073A (Appellant) (Respondent) Assessee by : Shri K P Dewani (through virtual) Department by : Shri Surjit Kumar Saha Sr.DR (through virtual) Date of hearing : 05-02-2026 Date of pronouncement : 19-02-2026 O R D E R PER R. K. PANDA, VP : The above 2 appeals filed by t…

Jalsampda Karmchari Sahakari Patsanstha Maryadit, Wardha vs. ITO Ward 2, Wardha

In the result, Assessee’s appeal is partly allowed

Bench: Shri Narender Kumar Choudhryjalsampda Karmchari Ito, Ward-2, Wardha. Sahakari Patsanstha Maryadit Wardha, 1, Dr. Vs. Adyalkar Bhavan, Arvi Road, Shivaji Square, Wardha-442001 Pan: Aaaaw 0478 R (Appellant) (Respondent)

…IN THE INCOME TAX APPELLATE TRIBUNAL, NAGPUR “SMC” BENCH :: NAGPUR BEFORE SHRI NARENDER KUMAR CHOUDHRY, JUDICIAL MEMBER Jalsampda Karmchari ITO, Ward-2, Wardha. Sahakari Patsanstha Maryadit Wardha, 1, Dr. Vs. Adyalkar Bhavan, Arvi Road, Shivaji Square, Wardha-442001 PAN: AAAAW 0478 R (Appellant) (Respondent) Present for: Assessee by : Shri Naresh Jakhotia, Ld.CA Revenue by : Shri Surjit Kumar Saha, Ld. Sr.DR Date of Hearing : 25.06.2025 Date of Pronouncement : 23.09.2025 O R D E R This appeal has been preferred by the Assessee against the order dated 09/05/2024 impugned herein passed by the ADDL/JCIT (Appea…

Shri Saibaba Bahuuddeshiya Nagrik Credit Co-Operative Society, Nagpur vs. ITO Ward (3)(4), Nagpur

Bench: Shri Narender Kumar Choudhry

…IN THE INCOME TAX APPELLATE TRIBUNAL, NAGPUR “SMC" BENCH :: NAGPUR BEFORE SHRI NARENDER KUMAR CHOUDHRY, JUDICIAL MEMBER ITA No.194/NAG/2025 (Assessment Year: 2020-21) Shri Saibaba Bahuuddeshiya Nagrik Credit Co-operative Society, Ward No.4, Khaperkheda Sant Nagar, Saoner, Nagpur-441102 PAN: AAMAS 6794 E (Appellant) Vs. ITO, Ward-3(4), Nagpur. (Respondent) Present for: Assessee by Revenue by Date of Hearing Date of Pronouncement : Ms. Mrudul Bhusari, Ld. Advocate. : Shri Surjit Kumar Saha, Ld. Sr.D.R. : 26.06.2025 : 26.06.2025 ORDER This appeal has been preferred by the Assessee against the order dated 16/01/2022…

Income Tax Officer Ward-2, Khamgaon vs. Maharashtra Urban Co-Operative Credit Society Ltd, Mehkar

In the result, appeals for A

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

…IN THE INCOME TAX APPELLATE TRIBUNAL NAGPUR BENCH, NAGPUR BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI K.M. ROY, ACCOUNTANT, MEMBER ITA no.635, 636 and 637/Nag./2024 (Assessment Year : 2018–19, 20-21 and 2022-23) Income Tax Officer ……………. Appellant Ward–2, Khamgaon v/s Maharashtra Urban Co–operative Credit Society Ltd. ……………. Respondent Shakti Sanstha, Market Road Mehkar 443 301 PAN – AAAAM5777D Assessee by : None Revenue by : Shri Sandipkumar Salunke Date of Hearing – 03/02/2025 Date of Order – 25/02/2025 O R D E R PER V. DURGA RAO, J.M. These appeals by the Revenue are directed against the impugned o…

Income Tax Officer Ward -2, Khamgaon vs. Maharashtra Urban Co-Operative Credit Society Ltd, Mehkar

In the result, appeals for A

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

…IN THE INCOME TAX APPELLATE TRIBUNAL NAGPUR BENCH, NAGPUR BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI K.M. ROY, ACCOUNTANT, MEMBER ITA no.635, 636 and 637/Nag./2024 (Assessment Year : 2018–19, 20-21 and 2022-23) Income Tax Officer ……………. Appellant Ward–2, Khamgaon v/s Maharashtra Urban Co–operative Credit Society Ltd. ……………. Respondent Shakti Sanstha, Market Road Mehkar 443 301 PAN – AAAAM5777D Assessee by : None Revenue by : Shri Sandipkumar Salunke Date of Hearing – 03/02/2025 Date of Order – 25/02/2025 O R D E R PER V. DURGA RAO, J.M. These appeals by the Revenue are directed against the impugned o…

Income Tax Officer Ward-2, Khamgaon vs. Maharashtra Urban Co-Operative Credit Society Ltd, Mehkar

In the result, appeals for A

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

…IN THE INCOME TAX APPELLATE TRIBUNAL NAGPUR BENCH, NAGPUR BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI K.M. ROY, ACCOUNTANT, MEMBER ITA no.635, 636 and 637/Nag./2024 (Assessment Year : 2018–19, 20-21 and 2022-23) Income Tax Officer ……………. Appellant Ward–2, Khamgaon v/s Maharashtra Urban Co–operative Credit Society Ltd. ……………. Respondent Shakti Sanstha, Market Road Mehkar 443 301 PAN – AAAAM5777D Assessee by : None Revenue by : Shri Sandipkumar Salunke Date of Hearing – 03/02/2025 Date of Order – 25/02/2025 O R D E R PER V. DURGA RAO, J.M. These appeals by the Revenue are directed against the impugned o…

Takali Janseva Nagri Sahkari Pat Sanstha Limited, Nagpur vs. ITO Ward 2(2), Nagpur

In the result, appeal filed by the assessee is allowed

Bench: Shri V. Durgarao

…IN THE INCOME TAX APPELLATE TRIBUNAL NAGPUR BENCH, NAGPUR BEFORE SHRI V. DURGARAO, JUDICIAL MEMBER SMC MATTER ITA no.616/Nag./2024 (Assessment Year : 2020–21) Takali Janseva Nagri Sahakari Pat Sanstha Ltd. Ward no.1,Godhni Road ……………. Appellant Rashtrasant Nagar, Nagpur 440 030 PAN – AABAA6988K v/s Income Tax Officer ……………. Respondent Ward–2(2), Nagpur Assessee by : Shri Abhay Agrawal Revenue by : Shri Abhay Y. Marathe Date of Hearing – 03/02/2025 Date of Order – 25/02/2025 O R D E R Captioned appeal by the assessee is emanating from the impugned order dated 14/10/2024, passed by the learned Commissioner of…

Hinganghat Nagri Sahakari Pat Sanstha, Hinganghat vs. Income Tax Officer Ward-1, Wardha

In the result, appeal by the assessee for A

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

…IN THE INCOME TAX APPELLATE TRIBUNAL NAGPUR BENCH, NAGPUR BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI K.M. ROY, ACCOUNTANT, MEMBER ITA no.566, 567, 568 & 569/Nag./2024 (Assessment Year : 2015–16, 2018–19, 2020–21 & 2022–23) Hinganghat Nagri Sahakari Pat Sanstha Ram Mandir Ward, Hinganghat ……………. Appellant Wardha 442 301 PAN – AAAJH0303D v/s Income Tax Officer ……………. Respondent Ward–1, Wardha Assessee by : Shri Suyash Ranka Revenue by : Shri Abhay Y. Marathe Date of Hearing – 23/01/2025 Date of Order – 10/02/2025 O R D E R PER K.M. ROY, A.M. This appeal by the assessee is emanating from the impugned or…

Hinganghat Nagri Sahakari Pat Sanstha, Hinganghat vs. Income Tax Officer Ward-1, Wardha

In the result, appeal by the assessee for A

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

…IN THE INCOME TAX APPELLATE TRIBUNAL NAGPUR BENCH, NAGPUR BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI K.M. ROY, ACCOUNTANT, MEMBER ITA no.566, 567, 568 & 569/Nag./2024 (Assessment Year : 2015–16, 2018–19, 2020–21 & 2022–23) Hinganghat Nagri Sahakari Pat Sanstha Ram Mandir Ward, Hinganghat ……………. Appellant Wardha 442 301 PAN – AAAJH0303D v/s Income Tax Officer ……………. Respondent Ward–1, Wardha Assessee by : Shri Suyash Ranka Revenue by : Shri Abhay Y. Marathe Date of Hearing – 23/01/2025 Date of Order – 10/02/2025 O R D E R PER K.M. ROY, A.M. This appeal by the assessee is emanating from the impugned or…

Hinganghat Nagri Sahakari Pat Sanstha, Hinganghat vs. Income Tax Ward-1, Wardha

In the result, appeal by the assessee for A

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

…IN THE INCOME TAX APPELLATE TRIBUNAL NAGPUR BENCH, NAGPUR BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI K.M. ROY, ACCOUNTANT, MEMBER ITA no.566, 567, 568 & 569/Nag./2024 (Assessment Year : 2015–16, 2018–19, 2020–21 & 2022–23) Hinganghat Nagri Sahakari Pat Sanstha Ram Mandir Ward, Hinganghat ……………. Appellant Wardha 442 301 PAN – AAAJH0303D v/s Income Tax Officer ……………. Respondent Ward–1, Wardha Assessee by : Shri Suyash Ranka Revenue by : Shri Abhay Y. Marathe Date of Hearing – 23/01/2025 Date of Order – 10/02/2025 O R D E R PER K.M. ROY, A.M. This appeal by the assessee is emanating from the impugned or…

Dr Panjabrao Nagri Sahakari Pat Sanstha Maryadit, Nagpur vs. Income Tax Officer Ward 1 (2), Nagpur

Bench: Shri V. Durga Rao

…IN THE INCOME TAX APPELLATE TRIBUNAL NAGPUR “SMC” BENCH : NAGPUR BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER ITA.No.599/NAG./2024 [E-APPEAL] Assessment Year 2013-2014 Dr Panjabrao Nagri Sahakari Pat Sanstha Maryadit, 75-Kotwal Nagar, NAGPUR-440 022. vs. PAN AAAAD2186P Maharashtra. (Appellant) The Income Tax Officer, Ward-1(2), BSNL RTTC Bldg., NAGPUR – 440001. Maharashtra. (Respondent) For Assessee : Dr. Devendra V. Indurkar, C.A. For Revenue: Shri Abhay Y. Marathe, Sr. DR Date of Hearing: 28.01.2025 Date of Pronouncement: 03.02.2025 ORDER PER V. DURGA RAO, J.M. : This appeal has been filed by the assessee against…

Digras Taluka Z P Shikshak Va Karmchari Sahkari Pat Sanstha, Yavatmal vs. Income Tax Officer, Ward-1, Yavatmal

…2 ITA.No.571/NAG./2024 2. Briefly stated facts of the case are that the assessee is a co-op society engaged in the business of banking and providing credit facilities to it's members and registered under Maharashtra Co-operative Societies Act, 1960. During the assessment year 2018-2019, it filed it's return of income declaring total income at Rs.49,56,006/-. The case of the assessee society was selected for limited scrutiny on two issues i.e., (i) Investments/Advances/Loans and (ii) deduction from total income under Chapter-VIA. The Assessing Officer issued statutory notices to the assessee calling for explanatio…

Jai Subhash Nagari Sahakari Pat Sanstha Maryadit, Nagpur vs. ITO Ward-1(2), Nagpur

In the result, appeal filed by the assessee is allowed

Bench: Shri V. Durga Rao & Shrik.M. Roy, Accountant, Member

…IN THE INCOME TAX APPELLATE TRIBUNAL NAGPUR BENCH, NAGPUR BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRIK.M. ROY, ACCOUNTANT, MEMBER ITA no.416/Nag./2024 (Assessment Year : 2020-21) Jai Suhash Nagari Sahakari Pat Sanstha Maryadit ……………. Appellant 94, Subhash Nagar, Nagpur 440 022 PAN – AACAJ3398R v/s Income Tax Officer ……………. Respondent Ward–1(2), Nagpur Assessee by : Shri Kapil Hirani Revenue by : Shri Abhay Y. Marathe Date of Hearing – 06/01/2025 Date of Order – 27/01/2025 O R D E R PER V. DURGA RAO, J.M. This appeal by the assessee is emanating from the impugned order dated 13/06/2024, passed by the l…

Khadakpurna Nagari Sahakari Pat Sanstha Maryadit, Khamgaon vs. ITO Ward-1, Khamgaon

In the result, appeals filed by the assessee for A

Bench: Shri V. Durga Rao

…IN THE INCOME TAX APPELLATE TRIBUNAL NAGPUR BENCH, NAGPUR BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER SMC MATTER ITA no.419 & 420/Nag./2024 (Assessment Year : 2018–19 & 2020–21) Khadakpurna Nagari Sahakari Pat Sanstha Maryadit Main Road, Deoulgaon Mahi ……………. Appellant Deoulgaon Raja, Khamgaon Buldhana 443 206 PAN – AAAAK5851G v/s Income Tax Officer ……………. Respondent Ward–1, Nagpur Assessee by : Shri Himesh Demble Revenue by : Shri Abhay Y. Marathe Date of Hearing – 09/12/2024 Date of Order – 20/12/2024 O R D E R Captioned appeals by the assessee are against the impugned orders of even date 27/06/2024, passed…

Khadakpurna Nagari Sahakari Pat Sanstha Maryadit, Khamgaon vs. ITO Ward-1, Khamgaon

In the result, appeals filed by the assessee for A

Bench: Shri V. Durga Rao

…IN THE INCOME TAX APPELLATE TRIBUNAL NAGPUR BENCH, NAGPUR BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER SMC MATTER ITA no.419 & 420/Nag./2024 (Assessment Year : 2018–19 & 2020–21) Khadakpurna Nagari Sahakari Pat Sanstha Maryadit Main Road, Deoulgaon Mahi ……………. Appellant Deoulgaon Raja, Khamgaon Buldhana 443 206 PAN – AAAAK5851G v/s Income Tax Officer ……………. Respondent Ward–1, Nagpur Assessee by : Shri Himesh Demble Revenue by : Shri Abhay Y. Marathe Date of Hearing – 09/12/2024 Date of Order – 20/12/2024 O R D E R Captioned appeals by the assessee are against the impugned orders of even date 27/06/2024, passed…

Jankalyan Sahakari Pat Sanstha Maryadit, Tumsar vs. ITO Ward - 1, Bhandara

In the result, appeal filed by the assessee is allowed

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

…IN THE INCOME TAX APPELLATE TRIBUNAL NAGPUR BENCH, NAGPUR BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI K.M. ROY, ACCOUNTANT, MEMBER ITA no.324/Nag./2024 (Assessment Year : 2020–21) Jankalyan Sahakari Pat Sanstha Maryadit Near Santaji Mangal Karyalaya ……………. Appellant Rajendra Nagar, Tumser 441 912 PAN – AAAAJ2673F v/s Income Tax Officer ……………. Respondent Ward–1, Bhandara Assessee by : Ms. Alfiya Rozie Revenue by : Shri Sandipkumar Salunke Date of Hearing – 04/12/2024 Date of Order – 20/12/2024 O R D E R PER V. DURGA RAO, J.M. This appeal by the assessee is against the impugned order dated 19/03/2024, p…

Utkarsh Nagpur Z P Prathmik Shikshak Pat Sanstha Maryadit, Nagpur vs. Income Tax Officer, Ward 4(4), Nagpur

In the result, appeal filed by the assessee is allowed

Bench: Shri V. Durga Rao

…IN THE INCOME TAX APPELLATE TRIBUNAL NAGPUR BENCH, NAGPUR BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER SMC MATTER ITA no.126/Nag./2024 (Assessment Year : 2020–21) Utkarsh Nagpur Z.P. Prathmik Shikshak Pat Sanstha Maryadit Plot no.201, sakkardhara Road ……………. Appellant Gajanan Chowk, Old Shukrawari Nagpur 440 009 PAN – AAAAU6867G v/s Income Tax Officer ……………. Respondent Ward–1(4), Nagpur Assessee by : Shri Kishore P. Dewani Revenue by : Shri Abhay Y. Marathe Date of Hearing – 04/12/2024 Date of Order – 20/12/2024 O R D E R This appeal by the assessee is against the impugned order dated 09/01/2024, passed by the…

Nishant Multi State Co-Op. Credit Society Ltd., Akola vs. ITO Ward-2, Akola

In the result, appeals filed by the assessee for the A

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

…IN THE INCOME TAX APPELLATE TRIBUNAL NAGPUR BENCH, NAGPUR BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI K.M. ROY, ACCOUNTANT, MEMBER ITA no.540/Nag./2024 ITA no.541/Nag./2024 (Assessment Year : 2018–19) (Assessment Year : 2020–21) ITA no.542/Nag./2024 (Assessment Year : 2022–23) Nishant Multi State Co–operative Credit Society Ltd., M.G. Road ……………. Appellant Opp. Bhate Club, Akola 444 001 PAN – AAAAN0230G v/s Income Tax Officer ……………. Respondent Ward–2, Akola Assessee by : Shri S.G. Gandhi Revenue by : Shri Sandipkumar Salunke Date of Hearing – 28/11/2024 Date of Order – 06/12/2024 O R D E R PER V. DURG…

Nishant Multi State Co-Op. Credit Society Ltd., Akola vs. ITO Ward-2, Akola

In the result, appeals filed by the assessee for the A

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

…IN THE INCOME TAX APPELLATE TRIBUNAL NAGPUR BENCH, NAGPUR BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI K.M. ROY, ACCOUNTANT, MEMBER ITA no.540/Nag./2024 ITA no.541/Nag./2024 (Assessment Year : 2018–19) (Assessment Year : 2020–21) ITA no.542/Nag./2024 (Assessment Year : 2022–23) Nishant Multi State Co–operative Credit Society Ltd., M.G. Road ……………. Appellant Opp. Bhate Club, Akola 444 001 PAN – AAAAN0230G v/s Income Tax Officer ……………. Respondent Ward–2, Akola Assessee by : Shri S.G. Gandhi Revenue by : Shri Sandipkumar Salunke Date of Hearing – 28/11/2024 Date of Order – 06/12/2024 O R D E R PER V. DURG…