Mantola Co-operative Thrift & Credit Society Ltd. v. CIT

50 Taxmann.com 278High Court2014#359 most cited

What is Mantola Co-operative Thrift & Credit Society Ltd. v. CIT authority for?

A cooperative society is not entitled to deduction under Section 80P(2)(a)(i) for interest income earned from investments and deposits which are not attributable to its primary business. An assessment order erroneously allowing such a deduction is revisable under Section 263 as being erroneous and prejudicial to the revenue, or subject to reassessment under Section 147.

242

judgments rely on this decision, according to BharatTax’s citation analysis of 367,154 Indian tax judgments — from 2017 to 2026.

Also referred to as

Mantola Co-operative Thrift & Credit Society · Section 80P · 80P(2)(a)(i) · 80P(2)(d) · interest on investments · cooperative societies · deduction disallowance · Section 263 revision · erroneous and prejudicial · Section 147 reassessment · Malabar Industrial · income from deposits

Sections most often in play

Section 80P(2)(a)(i)Section 80P(2)(d)Section 143(3)Section 80PSection 147Section 80P(2)Section 80P(4)Section 144
Read the full judgment

Issues it is cited on

section 80(p)(2)(d)revision u/s 263assessment order erroneoussection 80p(2)(a)section 80p(2)(a)(i)section 80p(2)section 80p(2)(d)malabar industrialsection 80psection 80p(4)section 80erroneous and prejudicial

Judgments citing Mantola Co-operative Thrift & Credit Society Ltd. v. CIT

Primary Agricultural Credit Co-Operative Society Ltd, Konnur vs. Income Tax Officer, Ward - 1, Gokak

In the result, appeals of the assessee are allowed

ITA 109/PAN/2023[2017-18]Status: DisposedITAT Panaji20 Sept 2023AY 2017-18

Bench: Shri Inturi Rama Rao & Shri Partha Sarathi Chaudhury(Through Virtual Hearing)

For Appellant: Shri Sanjay D Shirguppe, CAFor Respondent: Smt. Ashwini Hosmani, Sr.DR
Section 143(3)Section 263Section 80PSection 80P(2)(a)Section 80P(2)(d)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH :: PANAJI BEFORE SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER & SHRI PARTHA SARATHI CHAUDHURY, JUDICIAL MEMBER (Through virtual hearing) ITA Nos.109 to 111/PAN/2023 (A.Y. 2017-18, 2018-19 & 2020-21) Primary Agricultural Credit Vs ITO, Ward-1, Co-op. Society Ltd. at Gokak. Konnur, Gokak, Belagavi. PAN : AAAAP 4631 P Appellant Respondent Assessee by : Shri Sanjay D Shirguppe, CA Revenue by : Smt. Ashwini Hosmani, Sr.DR Date of hearing : 04/09/2023 Date of pronouncement : 20/09/2023 O R D E R Per PARTHA SARATHI CHAUDHURY, JM: These appeals preferred by the assessee emana…

The Bhandari Co-Op Credit Soiety Limited, Panaji vs. Income Tax Officer, Ward - 1(5), Panaji

In the result, appeals of the assessee are allowed

ITA 102/PAN/2023[2018-19]Status: DisposedITAT Panaji20 Sept 2023AY 2018-19

Bench: Shri Inturi Rama Rao & Shri Partha Sarathi Chaudhury(Through Virtual Hearing)

For Appellant: Shri Amogh Arlekar, AdvocateFor Respondent: Smt. Ashwini Hosmani, Sr.DR
Section 143(3)Section 263Section 80PSection 80P(2)(a)Section 80P(2)(d)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH :: PANAJI BEFORE SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER & SHRI PARTHA SARATHI CHAUDHURY, JUDICIAL MEMBER (Through virtual hearing) ITA Nos.101 & 102/PAN/2023 (A.Y. 2017-18 & 2018-19) The Bhandari Co-op. Credit Vs ITO, Ward-1(5), Society Ltd., G-S-5 Rani Panaji. Pramila Arcade Building, 18th June Road, Panaji, Goa PAN : AADAT 6521 D Appellant Respondent Assessee by : Shri Amogh Arlekar, Advocate Revenue by : Smt. Ashwini Hosmani, Sr.DR Date of hearing : 04/09/2023 Date of pronouncement : 20/09/2023 O R D E R Per PARTHA SARATHI CHAUDHURY, JM: These appeals preferr…

The Bhandari Co-Op Credit Soiety Limited, Panaji vs. Income Tax Officer, Ward - 1(5), Panaji

In the result, appeals of the assessee are allowed

ITA 101/PAN/2023[2017-18]Status: DisposedITAT Panaji20 Sept 2023AY 2017-18

Bench: Shri Inturi Rama Rao & Shri Partha Sarathi Chaudhury(Through Virtual Hearing)

For Appellant: Shri Amogh Arlekar, AdvocateFor Respondent: Smt. Ashwini Hosmani, Sr.DR
Section 143(3)Section 263Section 80PSection 80P(2)(a)Section 80P(2)(d)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH :: PANAJI BEFORE SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER & SHRI PARTHA SARATHI CHAUDHURY, JUDICIAL MEMBER (Through virtual hearing) ITA Nos.101 & 102/PAN/2023 (A.Y. 2017-18 & 2018-19) The Bhandari Co-op. Credit Vs ITO, Ward-1(5), Society Ltd., G-S-5 Rani Panaji. Pramila Arcade Building, 18th June Road, Panaji, Goa PAN : AADAT 6521 D Appellant Respondent Assessee by : Shri Amogh Arlekar, Advocate Revenue by : Smt. Ashwini Hosmani, Sr.DR Date of hearing : 04/09/2023 Date of pronouncement : 20/09/2023 O R D E R Per PARTHA SARATHI CHAUDHURY, JM: These appeals preferr…

The City Co -Op. Credit Society Limited, Belagavi vs. Income Tax Officer, National E-Assessment Centre, Delhi

In the result, the appeal filed by the assessee stands allowed

ITA 95/PAN/2023[2018-19]Status: DisposedITAT Panaji08 Sept 2023AY 2018-19

Bench: SHRI INTURI RAMA RAO (Accountant Member), SHRI PARTHA SARATHI CHAUDHURY (Judicial Member)

For Appellant: Shri Pramod VaidhyaFor Respondent: Shri Ashwini D. Hosmani
Section 143(3)Section 80P(2)(a)Section 80P(2)(d)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI – VIRTUAL COURT BEFORE SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER AND SHRI PARTHA SARATHI CHAUDHURY, JUDICIAL MEMBER आयकर अपील सं. / ITA No.95/PAN/2023 िनधा"रण वष" / Assessment Year : 2018-19 The City Co-op. Credit Vs. ITO, National e- Society Limited, Assessment Centre, 1st Floor, Dimple Arcade, Delhi. Kelkar Bag, Belagavi- 590001. PAN : AAAAT6159N Appellant Respondent Assessee by : Shri Pramod Vaidhya Revenue by : Shri Ashwini D. Hosmani Date of hearing : 04.09.2023 Date of pronouncement : 08.09.2023 आदेश / ORDER PER INTURI RAMA RAO, AM: This is an appeal…

M/S Ravikiran Co-Operative Credit Society Limited, Belagavi vs. Principal Commissioner of Income Tax, Hubli

In the result, the appeal filed by the assessee in ITA

ITA 94/PAN/2023[2018-19]Status: DisposedITAT Panaji08 Sept 2023AY 2018-19

Bench: Shri Inturi Rama Rao & Shri Partha Sarathi Chaudhurysl.

For Appellant: NoneFor Respondent: Shri Prabhakar Anand DJ
Section 143(3)Section 80P(2)(a)Section 80P(2)(d)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI – VIRTUAL COURT BEFORE SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER AND SHRI PARTHA SARATHI CHAUDHURY, JUDICIAL MEMBER Sl. ITA No. Name of Appellant Name of Respondent Asst. No. Year 1 92/PAN/2023 M/s. Ravikiran Co- ITO, Ward-3, Belagavi 2017-18 operative Credit Society Limited, Belgundi, Dist.: Belagavi- 591108 PAN : AAAAR0468C 2 93/PAN/2023 M/s. Ravikiran Co- National E-assessment 2018-19 operative Credit Society Centre, Delhi Limited, Belgundi, Dist.: Belagavi- 591108 PAN : AAAAR0468C 3 94/PAN/2023 M/s. Ravikiran Co- PCIT, Hubli 2018-19 operative Credit Soci…

M/S Ravikiran Co-Operative Credit Society Limited, Belagavi vs. National E - Assessment Centre, Delhi

In the result, the appeal filed by the assessee in ITA

ITA 93/PAN/2023[2018-19]Status: DisposedITAT Panaji08 Sept 2023AY 2018-19

Bench: Shri Inturi Rama Rao & Shri Partha Sarathi Chaudhurysl.

For Appellant: NoneFor Respondent: Shri Prabhakar Anand DJ
Section 143(3)Section 80P(2)(a)Section 80P(2)(d)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI – VIRTUAL COURT BEFORE SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER AND SHRI PARTHA SARATHI CHAUDHURY, JUDICIAL MEMBER Sl. ITA No. Name of Appellant Name of Respondent Asst. No. Year 1 92/PAN/2023 M/s. Ravikiran Co- ITO, Ward-3, Belagavi 2017-18 operative Credit Society Limited, Belgundi, Dist.: Belagavi- 591108 PAN : AAAAR0468C 2 93/PAN/2023 M/s. Ravikiran Co- National E-assessment 2018-19 operative Credit Society Centre, Delhi Limited, Belgundi, Dist.: Belagavi- 591108 PAN : AAAAR0468C 3 94/PAN/2023 M/s. Ravikiran Co- PCIT, Hubli 2018-19 operative Credit Soci…

M/S Ravikiran Co-Operative Credit Society Limited, Belagavi vs. The Income Tax Officer, Ward - 3, Belagavi

In the result, the appeal filed by the assessee in ITA

ITA 92/PAN/2023[2017-18]Status: DisposedITAT Panaji08 Sept 2023AY 2017-18

Bench: Shri Inturi Rama Rao & Shri Partha Sarathi Chaudhurysl.

For Appellant: NoneFor Respondent: Shri Prabhakar Anand DJ
Section 143(3)Section 80P(2)(a)Section 80P(2)(d)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI – VIRTUAL COURT BEFORE SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER AND SHRI PARTHA SARATHI CHAUDHURY, JUDICIAL MEMBER Sl. ITA No. Name of Appellant Name of Respondent Asst. No. Year 1 92/PAN/2023 M/s. Ravikiran Co- ITO, Ward-3, Belagavi 2017-18 operative Credit Society Limited, Belgundi, Dist.: Belagavi- 591108 PAN : AAAAR0468C 2 93/PAN/2023 M/s. Ravikiran Co- National E-assessment 2018-19 operative Credit Society Centre, Delhi Limited, Belgundi, Dist.: Belagavi- 591108 PAN : AAAAR0468C 3 94/PAN/2023 M/s. Ravikiran Co- PCIT, Hubli 2018-19 operative Credit Soci…

Shri Vardhaman Urban Credit Souharda Sahakari Niyamit, Kudchi vs. Income Tax Officer, Ward - 1, Belagavi

In the result, the appeal filed by the assessee in ITA

ITA 91/PAN/2023[2017-18]Status: DisposedITAT Panaji08 Sept 2023AY 2017-18

Bench: Shri Inturi Rama Rao & Shri Partha Sarathi Chaudhuryआयकर अपील सं. / Ita No.91/Pan/2023 िनधा"रण वष" / Assessment Year : 2017-18 Shri Vardhaman Urban Vs. Ito, Ward-1, Belgaum. Credit Souharda Sahakari Niyamit, Post- Kudchi, Tal- Raibag, Dist.- Belgaum, Karnataka- 591005. Pan : Aaaas5599R Appellant Respondent S.A. No.07/Pan/2023 (Arising Out Of Ita No.91/Pan/2023) िनधा"रण वष" / Assessment Year : 2017-18 Shri Vardhaman Urban Vs. Ito, Ward-1, Belgaum. Credit Souharda Sahakari Niyamit, Post- Kudchi, Tal- Raibag, Dist.- Belgaum, Karnataka- 591005. Pan : Aaaas5599R Appellant Respondent Assessee By : Shri U. G. Ammangi Revenue By : Shri Ashwini D. Hosmani Date Of Hearing : 04.09.2023 Date Of Pronouncement : 08.09.2023 आदेश / Order Per Inturi Rama Rao, Am: This Is An Appeal Filed By The Assessee Directed Against The Order Of The National Faceless Appeal Centre, Delhi [‘Nfac’] Dated

For Appellant: Shri U. G. AmmangiFor Respondent: Shri Ashwini D. Hosmani
Section 143(3)Section 21Section 80PSection 80P(2)(a)Section 80P(2)(d)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI – VIRTUAL COURT BEFORE SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER AND SHRI PARTHA SARATHI CHAUDHURY, JUDICIAL MEMBER आयकर अपील सं. / ITA No.91/PAN/2023 िनधा"रण वष" / Assessment Year : 2017-18 Shri Vardhaman Urban Vs. ITO, Ward-1, Belgaum. Credit Souharda Sahakari Niyamit, Post- Kudchi, Tal- Raibag, Dist.- Belgaum, Karnataka- 591005. PAN : AAAAS5599R Appellant Respondent S.A. No.07/PAN/2023 (Arising out of ITA No.91/PAN/2023) िनधा"रण वष" / Assessment Year : 2017-18 Shri Vardhaman Urban Vs. ITO, Ward-1, Belgaum. Credit Souharda Sahakari Niyamit, Post- Kudchi…

The Hind Co-Operative Housing Society Limited, Belgavi vs. Income Tax Officer, Ward - 1(2), Belagavi

The appeal of the assessee is ALLOWED

ITA 38/PAN/2023[2017-18]Status: DisposedITAT Panaji01 Sept 2023AY 2017-18

Bench: Shri Satbeer Singh Godara & Shri G. D. Padmahshali(Through Virtual Hearing From Pune) आयकर अपऩल सं. / Ita No. 038/Pan/2023 निर्धारण वषा / Assessment Year : 2017-18 Hind Co-Operative Housing Society Ltd., 131, Hindwadi, Belgaum, Karnataka-590011 Pan: Aacat4514B . . . . . . . अपीलार्थी / Appellant बिधम / V/S Income Tax Officer, Ward-1(2), Belgaum . . . . . . . प्रत्यर्थी / Respondent द्वधरध / Appearances Assessee By : Mr Pramod Vaidya [‘Ld. Ar’] Revenue By : Mr N. Shrikanth [‘Ld. Dr’] सुनवाई की तारीख / Date Of Conclusive Hearing : 07/08/2023 घोषणा की तारीख / Date Of Pronouncement : 01/09/2023 आदेश / Order Per G. D. Padmahshali, Am; Against The Impugned Din & Order No. Itba/Nfac/S/250/2022- 23/1048023500(1) Dt. 15/12/2022 Passed U/S 250 Of Income-Tax Act, 1961 [‘The Act’ Hereafter] By National Faceless Appeal Centre, Delhi [‘Nfac’ Hereafter] The Present Appeal Is Instituted U/S 253(1) Of The Act For Assessment Year 2017-18 [‘Ay’ Hereinafter].

For Appellant: Mr Pramod Vaidya [‘Ld. AR’]For Respondent: Mr N. Shrikanth [‘Ld. DR’]
Section 143(3)Section 250Section 253(1)Section 80PSection 80P(2)(d)

…॥ आयकर अपीलीय न्यायाधिकरण, पणजी न्यायपीठ, पणजी में ॥ IN THE INCOME TAX APPELLATE TRIBUNAL, ‘PANAJI’ BENCH, PANAJI BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND SHRI G. D. PADMAHSHALI, ACCOUNTANT MEMBER (Through Virtual Hearing from Pune) आयकर अपऩल सं. / ITA No. 038/PAN/2023 निर्धारण वषा / Assessment Year : 2017-18 Hind Co-Operative Housing Society Ltd., 131, Hindwadi, Belgaum, Karnataka-590011 PAN: AACAT4514B . . . . . . . अपीलार्थी / Appellant बिधम / V/s Income Tax Officer, Ward-1(2), Belgaum . . . . . . . प्रत्यर्थी / Respondent द्वधरध / Appearances Assessee by : Mr Pramod Vaidya [‘Ld. AR’] Revenue b…

Pimpiri Chinchwad Mahanagar Palikas Sevakanchi Patsanstha Maryadit, Pune vs. Principal Commissioner of Income Tax, Pune

In the result, appeal of the assessee is allowed

ITA 604/PUN/2023[2017-18]Status: DisposedITAT Pune21 Aug 2023AY 2017-18

Bench: Shri R.S. Syal, Hon.Vice- & Shri Partha Sarathi Chaudhury, Hon.Pimpri Chinchwad Mahanagar Vs Pr.Cit, Pune. Palika‟S Sevakanchi Patsanstha Maryadit, Shop No.101, Shubham Galleria, Pimpri, Pune. Pan: Aaatp 5109 P Appellant Respondent Assessee By : Shri Rohit C. Kasat, Ca Revenue By : Shri Ajay Kumar Kesari, Dr Date Of Hearing : 17/08/2023 Date Of Pronouncement : 21/08/2023 O R D E R Per Partha Sarathi Chaudhury, Jm: This Appeal Preferred By The Assessee Emanate From The Order Of Principal Commissioner Of Income Tax, Pune (For Short, „Pcit‟), Dated 23/03/2022 For A.Y. 2017-18 As Per The Grounds Of Appeal On Record.

For Appellant: Shri Rohit C. Kasat, CAFor Respondent: Shri Ajay Kumar Kesari, DR
Section 143(3)Section 263Section 80PSection 80P(2)(a)Section 80P(2)(d)

…IN THE INCOME TAX APPELLATE TRIBUNAL PUNE „B‟ BENCHES :: PUNE BEFORE SHRI R.S. SYAL, HON.VICE-PRESIDENT & SHRI PARTHA SARATHI CHAUDHURY, HON.JUDICIAL MEMBER Pimpri Chinchwad Mahanagar Vs Pr.CIT, Pune. Palika‟s Sevakanchi Patsanstha Maryadit, Shop No.101, Shubham Galleria, Pimpri, Pune. PAN: AAATP 5109 P Appellant Respondent Assessee by : Shri Rohit C. Kasat, CA Revenue by : Shri Ajay Kumar Kesari, DR Date of hearing : 17/08/2023 Date of pronouncement : 21/08/2023 O R D E R Per PARTHA SARATHI CHAUDHURY, JM: This appeal preferred by the assessee emanate from the order of Principal Commissioner of Income Tax, Pune (…

Shree Adinath Minority Credit Souhard Sahakari Ltd, Belgaum vs. Income Tax Officer, Ward - 1(3), Belagavi

In the result, appeals of the assessees are allowed

ITA 42/PAN/2023[2018-19]Status: DisposedITAT Panaji21 Aug 2023AY 2018-19

Bench: Shri Partha Sarathi Chaudhury & Shri G.D. Padmahshali(Through Virtual Hearing) Prathamik Krushi Pattin Vs Ito, Ward-1, Sahakari Sangh Niyamit, Nipani Ingali, Tal - Chikodi, Dist. Belgaum, Karnataka. Pan: Aaaap 1335 L Appellant Respondent Directorate Of Health Services Vs Ito, Ward-1(4), Employees Co-Op. Credit Panaji-Goa. Society Ltd., Campal, Panji. Pan: Aaaad 8637 P Appellant Respondent Vyavasaya Seva Sahakari Vs Ito, Ward-2, Sangha Ltd., Kadatoka, Karwar. Honnavar, Karnataka. Pan: Aaaav 0321 N Appellant Respondent

For Appellant: NoneFor Respondent: Shri N. Shrikanth, DR
Section 143(3)Section 263Section 80PSection 80P(2)(a)Section 80P(2)(d)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH :: PANAJI BEFORE SHRI PARTHA SARATHI CHAUDHURY, JUDICIAL MEMBER & SHRI G.D. PADMAHSHALI, ACCOUNTANT MEMBER (Through virtual hearing) Prathamik Krushi Pattin vs ITO, Ward-1, Sahakari Sangh Niyamit, Nipani Ingali, Tal - Chikodi, Dist. Belgaum, Karnataka. PAN: AAAAP 1335 L Appellant Respondent Directorate of Health Services vs ITO, Ward-1(4), Employees Co-op. Credit Panaji-Goa. Society Ltd., Campal, Panji. PAN: AAAAD 8637 P Appellant Respondent Vyavasaya Seva Sahakari vs ITO, Ward-2, Sangha Ltd., Kadatoka, Karwar. Honnavar, Karnataka. PAN: AAAAV 0321 N Appellant Resp…

Ramanaguli Group Seva Sahakari Sangha Limited, Ankola vs. Income Tax Officer, Ward - 2, Karwar

In the result, appeals of the assessees are allowed

ITA 40/PAN/2023[2016-17]Status: DisposedITAT Panaji21 Aug 2023AY 2016-17

Bench: Shri Partha Sarathi Chaudhury & Shri G.D. Padmahshali(Through Virtual Hearing) Prathamik Krushi Pattin Vs Ito, Ward-1, Sahakari Sangh Niyamit, Nipani Ingali, Tal - Chikodi, Dist. Belgaum, Karnataka. Pan: Aaaap 1335 L Appellant Respondent Directorate Of Health Services Vs Ito, Ward-1(4), Employees Co-Op. Credit Panaji-Goa. Society Ltd., Campal, Panji. Pan: Aaaad 8637 P Appellant Respondent Vyavasaya Seva Sahakari Vs Ito, Ward-2, Sangha Ltd., Kadatoka, Karwar. Honnavar, Karnataka. Pan: Aaaav 0321 N Appellant Respondent

For Appellant: NoneFor Respondent: Shri N. Shrikanth, DR
Section 143(3)Section 263Section 80PSection 80P(2)(a)Section 80P(2)(d)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH :: PANAJI BEFORE SHRI PARTHA SARATHI CHAUDHURY, JUDICIAL MEMBER & SHRI G.D. PADMAHSHALI, ACCOUNTANT MEMBER (Through virtual hearing) Prathamik Krushi Pattin vs ITO, Ward-1, Sahakari Sangh Niyamit, Nipani Ingali, Tal - Chikodi, Dist. Belgaum, Karnataka. PAN: AAAAP 1335 L Appellant Respondent Directorate of Health Services vs ITO, Ward-1(4), Employees Co-op. Credit Panaji-Goa. Society Ltd., Campal, Panji. PAN: AAAAD 8637 P Appellant Respondent Vyavasaya Seva Sahakari vs ITO, Ward-2, Sangha Ltd., Kadatoka, Karwar. Honnavar, Karnataka. PAN: AAAAV 0321 N Appellant Resp…

Vyavasaya Seva Sahakari Sangha Limited, Kadatoka vs. Income Tax Officer, Ward - 2, Karwar

In the result, appeals of the assessees are allowed

ITA 117/PAN/2022[2018-19]Status: DisposedITAT Panaji21 Aug 2023AY 2018-19

Bench: Shri Partha Sarathi Chaudhury & Shri G.D. Padmahshali(Through Virtual Hearing) Prathamik Krushi Pattin Vs Ito, Ward-1, Sahakari Sangh Niyamit, Nipani Ingali, Tal - Chikodi, Dist. Belgaum, Karnataka. Pan: Aaaap 1335 L Appellant Respondent Directorate Of Health Services Vs Ito, Ward-1(4), Employees Co-Op. Credit Panaji-Goa. Society Ltd., Campal, Panji. Pan: Aaaad 8637 P Appellant Respondent Vyavasaya Seva Sahakari Vs Ito, Ward-2, Sangha Ltd., Kadatoka, Karwar. Honnavar, Karnataka. Pan: Aaaav 0321 N Appellant Respondent

For Appellant: NoneFor Respondent: Shri N. Shrikanth, DR
Section 143(3)Section 263Section 80PSection 80P(2)(a)Section 80P(2)(d)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH :: PANAJI BEFORE SHRI PARTHA SARATHI CHAUDHURY, JUDICIAL MEMBER & SHRI G.D. PADMAHSHALI, ACCOUNTANT MEMBER (Through virtual hearing) Prathamik Krushi Pattin vs ITO, Ward-1, Sahakari Sangh Niyamit, Nipani Ingali, Tal - Chikodi, Dist. Belgaum, Karnataka. PAN: AAAAP 1335 L Appellant Respondent Directorate of Health Services vs ITO, Ward-1(4), Employees Co-op. Credit Panaji-Goa. Society Ltd., Campal, Panji. PAN: AAAAD 8637 P Appellant Respondent Vyavasaya Seva Sahakari vs ITO, Ward-2, Sangha Ltd., Kadatoka, Karwar. Honnavar, Karnataka. PAN: AAAAV 0321 N Appellant Resp…

Directorate of Health Services Employees Co-Operative Society Ltd, Panaji vs. Income Tax Officer, Ward 1(4), Panaji

In the result, appeals of the assessees are allowed

ITA 115/PAN/2022[2017-18]Status: DisposedITAT Panaji21 Aug 2023AY 2017-18

Bench: Shri Partha Sarathi Chaudhury & Shri G.D. Padmahshali(Through Virtual Hearing) Prathamik Krushi Pattin Vs Ito, Ward-1, Sahakari Sangh Niyamit, Nipani Ingali, Tal - Chikodi, Dist. Belgaum, Karnataka. Pan: Aaaap 1335 L Appellant Respondent Directorate Of Health Services Vs Ito, Ward-1(4), Employees Co-Op. Credit Panaji-Goa. Society Ltd., Campal, Panji. Pan: Aaaad 8637 P Appellant Respondent Vyavasaya Seva Sahakari Vs Ito, Ward-2, Sangha Ltd., Kadatoka, Karwar. Honnavar, Karnataka. Pan: Aaaav 0321 N Appellant Respondent

For Appellant: NoneFor Respondent: Shri N. Shrikanth, DR
Section 143(3)Section 263Section 80PSection 80P(2)(a)Section 80P(2)(d)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH :: PANAJI BEFORE SHRI PARTHA SARATHI CHAUDHURY, JUDICIAL MEMBER & SHRI G.D. PADMAHSHALI, ACCOUNTANT MEMBER (Through virtual hearing) Prathamik Krushi Pattin vs ITO, Ward-1, Sahakari Sangh Niyamit, Nipani Ingali, Tal - Chikodi, Dist. Belgaum, Karnataka. PAN: AAAAP 1335 L Appellant Respondent Directorate of Health Services vs ITO, Ward-1(4), Employees Co-op. Credit Panaji-Goa. Society Ltd., Campal, Panji. PAN: AAAAD 8637 P Appellant Respondent Vyavasaya Seva Sahakari vs ITO, Ward-2, Sangha Ltd., Kadatoka, Karwar. Honnavar, Karnataka. PAN: AAAAV 0321 N Appellant Resp…

Prathamik Krushi Pattin Sahakari Sangh Nyt, Ingali vs. Income Tax Officer, Ward - 1, Nipani

In the result, appeals of the assessees are allowed

ITA 113/PAN/2022[2012-13]Status: DisposedITAT Panaji21 Aug 2023AY 2012-13

Bench: Shri Partha Sarathi Chaudhury & Shri G.D. Padmahshali(Through Virtual Hearing) Prathamik Krushi Pattin Vs Ito, Ward-1, Sahakari Sangh Niyamit, Nipani Ingali, Tal - Chikodi, Dist. Belgaum, Karnataka. Pan: Aaaap 1335 L Appellant Respondent Directorate Of Health Services Vs Ito, Ward-1(4), Employees Co-Op. Credit Panaji-Goa. Society Ltd., Campal, Panji. Pan: Aaaad 8637 P Appellant Respondent Vyavasaya Seva Sahakari Vs Ito, Ward-2, Sangha Ltd., Kadatoka, Karwar. Honnavar, Karnataka. Pan: Aaaav 0321 N Appellant Respondent

For Appellant: NoneFor Respondent: Shri N. Shrikanth, DR
Section 143(3)Section 263Section 80PSection 80P(2)(a)Section 80P(2)(d)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH :: PANAJI BEFORE SHRI PARTHA SARATHI CHAUDHURY, JUDICIAL MEMBER & SHRI G.D. PADMAHSHALI, ACCOUNTANT MEMBER (Through virtual hearing) Prathamik Krushi Pattin vs ITO, Ward-1, Sahakari Sangh Niyamit, Nipani Ingali, Tal - Chikodi, Dist. Belgaum, Karnataka. PAN: AAAAP 1335 L Appellant Respondent Directorate of Health Services vs ITO, Ward-1(4), Employees Co-op. Credit Panaji-Goa. Society Ltd., Campal, Panji. PAN: AAAAD 8637 P Appellant Respondent Vyavasaya Seva Sahakari vs ITO, Ward-2, Sangha Ltd., Kadatoka, Karwar. Honnavar, Karnataka. PAN: AAAAV 0321 N Appellant Resp…

Bellad Bagewadi Krishi Seva Sahakari Ssangh Niyamit, Hukkeri vs. Assessing Officer, National E-Assessment Centre, Delhi

ITA 89/PAN/2022[2018-19]Status: DisposedITAT Panaji13 Jul 2023AY 2018-19

Bench: Shri Satbeer Singh Godara & Shri G.D. Padmahshalistay Application Nos.01, 02 & 03/Pan./2023 Arising Out Of Ita.Nos.11, 89 & 116/Pan./2022 Assessment Years 2017-2018, 2018-2019 & 2020-2021 Along With Ita.Nos.11, 89 & 116/Pan./2022 Assessment Years 2017-2018, 2018-2019 & 2020-2021 & Ita.Nos. 05 & 06/Pan./2020 Assessment Years 2007-2008 & 2008-2009 Bellad Bagewadi Krishi Seva The Income Tax Officer, Sahakari Sangh Bellad Ward-1, Bagewadi, Taluka Hukkeri, Dr. Ghogeri Building, Dist. Belagavi – 591 305 Vs. Belgaum Road, State Of Karnataka. Gokak – 591 307. Pan Aaaat0640C State Of Karnataka (Appellant) (Respondent) For Assessee : Shri Shivanand Halbhavi For Revenue : Shri N. Shrikanth Date Of Hearing : 10.07.2023 Date Of Pronouncement : 13.07.2023 Order

For Appellant: Shri Shivanand HalbhaviFor Respondent: Shri N. Shrikanth
Section 143(3)Section 80P(2)(a)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH : PANAJI (THROUGH VIRTUAL HEARING) BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND SHRI G.D. PADMAHSHALI, ACCOUNTANT MEMBER Stay Application Nos.01, 02 & 03/PAN./2023 Arising out of ITA.Nos.11, 89 & 116/PAN./2022 Assessment Years 2017-2018, 2018-2019 & 2020-2021 ALONG WITH ITA.Nos.11, 89 & 116/PAN./2022 Assessment Years 2017-2018, 2018-2019 & 2020-2021 And ITA.Nos. 05 & 06/PAN./2020 Assessment Years 2007-2008 & 2008-2009 Bellad Bagewadi Krishi Seva The Income Tax Officer, Sahakari Sangh Bellad Ward-1, Bagewadi, Taluka Hukkeri, Dr. Ghogeri Building, Dist.…

Bellad Bagewadi Krishi Seva Sahakari Sangh Niyamit, Belagavi vs. Assessing Officer, National E-Assessment Centre, Delhi

ITA 116/PAN/2022[2020-21]Status: DisposedITAT Panaji13 Jul 2023AY 2020-21

Bench: Shri Satbeer Singh Godara & Shri G.D. Padmahshalistay Application Nos.01, 02 & 03/Pan./2023 Arising Out Of Ita.Nos.11, 89 & 116/Pan./2022 Assessment Years 2017-2018, 2018-2019 & 2020-2021 Along With Ita.Nos.11, 89 & 116/Pan./2022 Assessment Years 2017-2018, 2018-2019 & 2020-2021 & Ita.Nos. 05 & 06/Pan./2020 Assessment Years 2007-2008 & 2008-2009 Bellad Bagewadi Krishi Seva The Income Tax Officer, Sahakari Sangh Bellad Ward-1, Bagewadi, Taluka Hukkeri, Dr. Ghogeri Building, Dist. Belagavi – 591 305 Vs. Belgaum Road, State Of Karnataka. Gokak – 591 307. Pan Aaaat0640C State Of Karnataka (Appellant) (Respondent) For Assessee : Shri Shivanand Halbhavi For Revenue : Shri N. Shrikanth Date Of Hearing : 10.07.2023 Date Of Pronouncement : 13.07.2023 Order

For Appellant: Shri Shivanand HalbhaviFor Respondent: Shri N. Shrikanth
Section 143(3)Section 80P(2)(a)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH : PANAJI (THROUGH VIRTUAL HEARING) BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND SHRI G.D. PADMAHSHALI, ACCOUNTANT MEMBER Stay Application Nos.01, 02 & 03/PAN./2023 Arising out of ITA.Nos.11, 89 & 116/PAN./2022 Assessment Years 2017-2018, 2018-2019 & 2020-2021 ALONG WITH ITA.Nos.11, 89 & 116/PAN./2022 Assessment Years 2017-2018, 2018-2019 & 2020-2021 And ITA.Nos. 05 & 06/PAN./2020 Assessment Years 2007-2008 & 2008-2009 Bellad Bagewadi Krishi Seva The Income Tax Officer, Sahakari Sangh Bellad Ward-1, Bagewadi, Taluka Hukkeri, Dr. Ghogeri Building, Dist.…

Bellad Bagewadi Krishi Seva Sahakari Bank Limited, Hukkeri vs. Income Tax Officer, Ward-1, Gokak

ITA 11/PAN/2022[2017-18]Status: DisposedITAT Panaji13 Jul 2023AY 2017-18

Bench: Shri Satbeer Singh Godara & Shri G.D. Padmahshalistay Application Nos.01, 02 & 03/Pan./2023 Arising Out Of Ita.Nos.11, 89 & 116/Pan./2022 Assessment Years 2017-2018, 2018-2019 & 2020-2021 Along With Ita.Nos.11, 89 & 116/Pan./2022 Assessment Years 2017-2018, 2018-2019 & 2020-2021 & Ita.Nos. 05 & 06/Pan./2020 Assessment Years 2007-2008 & 2008-2009 Bellad Bagewadi Krishi Seva The Income Tax Officer, Sahakari Sangh Bellad Ward-1, Bagewadi, Taluka Hukkeri, Dr. Ghogeri Building, Dist. Belagavi – 591 305 Vs. Belgaum Road, State Of Karnataka. Gokak – 591 307. Pan Aaaat0640C State Of Karnataka (Appellant) (Respondent) For Assessee : Shri Shivanand Halbhavi For Revenue : Shri N. Shrikanth Date Of Hearing : 10.07.2023 Date Of Pronouncement : 13.07.2023 Order

For Appellant: Shri Shivanand HalbhaviFor Respondent: Shri N. Shrikanth
Section 143(3)Section 80P(2)(a)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH : PANAJI (THROUGH VIRTUAL HEARING) BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND SHRI G.D. PADMAHSHALI, ACCOUNTANT MEMBER Stay Application Nos.01, 02 & 03/PAN./2023 Arising out of ITA.Nos.11, 89 & 116/PAN./2022 Assessment Years 2017-2018, 2018-2019 & 2020-2021 ALONG WITH ITA.Nos.11, 89 & 116/PAN./2022 Assessment Years 2017-2018, 2018-2019 & 2020-2021 And ITA.Nos. 05 & 06/PAN./2020 Assessment Years 2007-2008 & 2008-2009 Bellad Bagewadi Krishi Seva The Income Tax Officer, Sahakari Sangh Bellad Ward-1, Bagewadi, Taluka Hukkeri, Dr. Ghogeri Building, Dist.…

The Canacona Urban Co-Operative Credit Society Limited, Canacona vs. Income Tax Officer, Ward - 5, Margao

Appeals are allowed in above terms

ITA 104/PAN/2022[2011-12]Status: DisposedITAT Panaji13 Jul 2023AY 2011-12

Bench: Shri Satbeer Singh Godara & Shri G.D. Padmahshali

For Appellant: Shri Amogh ArlekarFor Respondent: Shri N. Shrikanth
Section 143(3)Section 80P(2)(a)Section 80P(4)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH : PANAJI (THROUGH VIRTUAL HEARING) BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND SHRI G.D. PADMAHSHALI, ACCOUNTANT MEMBER ITA.Nos.104 & 103/ PAN./2022 Assessment years 2011-12 & 2018-19 The Canacona Urban The Income Tax Officer, Cooperative Credit Society Ward-5, Income Tax Office, Limited, Chavdi, Canacona vs. Blessings Pioneer Bldg., Margao, South Goa – 403 601 Market, Goa 403702 PAN AABAT4730E (Appellant) (Respondent) For Assessee : Shri Amogh Arlekar For Revenue : Shri N. Shrikanth Date of Hearing : 10.07.2023 Date of Pronouncement : 13.07.2023 ORDER P…

The Canacona Urban Co-Operative Credit Society Limited, Canacona vs. Income Tax Officer, Ward - 5, Margao

Appeals are allowed in above terms

ITA 103/PAN/2022[2018-19]Status: DisposedITAT Panaji13 Jul 2023AY 2018-19

Bench: Shri Satbeer Singh Godara & Shri G.D. Padmahshali

For Appellant: Shri Amogh ArlekarFor Respondent: Shri N. Shrikanth
Section 143(3)Section 80P(2)(a)Section 80P(4)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH : PANAJI (THROUGH VIRTUAL HEARING) BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND SHRI G.D. PADMAHSHALI, ACCOUNTANT MEMBER ITA.Nos.104 & 103/ PAN./2022 Assessment years 2011-12 & 2018-19 The Canacona Urban The Income Tax Officer, Cooperative Credit Society Ward-5, Income Tax Office, Limited, Chavdi, Canacona vs. Blessings Pioneer Bldg., Margao, South Goa – 403 601 Market, Goa 403702 PAN AABAT4730E (Appellant) (Respondent) For Assessee : Shri Amogh Arlekar For Revenue : Shri N. Shrikanth Date of Hearing : 10.07.2023 Date of Pronouncement : 13.07.2023 ORDER P…