PCIT v. Shree Aradhana Urban Co-operative Credit Society Ltd.

172 Taxmann.com 537High Court2025#3778 most cited

What is PCIT v. Shree Aradhana Urban Co-operative Credit Society Ltd. authority for?

A co-operative society is primarily a co-operative society, and therefore, it is not required to deduct tax at source on interest payments made on time deposits to other co-operative societies, by virtue of Section 194A(3)(v).

31

judgments rely on this decision, according to BharatTax’s citation analysis of 366,339 Indian tax judgments — from 2025 to 2026.

Also referred to as

PCIT v. Shree Aradhana Urban Co-operative Credit Society Ltd. · Section 194A(3)(v) · Section 80P · TDS on interest · co-operative society · co-operative bank · RBI license · time deposits

Sections most often in play

Section 194A(3)(v)Section 80PSection 194ASection 201(1)Section 201(1A)Section 80P(2)(d)Section 201Section 250

Issues it is cited on

section 22(1)(b)section 194a(1)section 194a(3)(v)section 194a(3)short deduction of taxsection 51section 2(19)interest on securitiessection 194asection 80p(2)(c)section 22section 80p(2)(d)

Judgments citing PCIT v. Shree Aradhana Urban Co-operative Credit Society Ltd.

Abhyudaya Co Operative Bank Ltd . Bhandup Branch, Mumbai vs. Income Tax Officer (TDS) Ward 1(1)(1), Mumbai

In the result, all the 20 appeals of the assessee are allowed

ITA 2581/MUM/2025[2016-17]Status: DisposedITAT Mumbai26 Jun 2025AY 2016-17

Bench: Shri Amit Shukla & Shri Girish Agrawal

For Appellant: Shri Sharad A. Vaze, CAFor Respondent: Shri. Aditya M. Rai, Sr. DR
Section 194ASection 194A(3)(v)Section 201(1)Section 80PSection 80P(2)(d)

…ITA No. 2571 to 2590/Mum/2025 Abhyudaya Co-operative Bank Ltd. AY 2016-17 IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH MUMBAI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER ITA Nos. 2571 to 2590/MUM/2025 Assessment Year: 2016-17 Abhyudaya Co-operative Income Tax Officer (TDS) Bank Ltd. Ward 1(1)(1), Mumbai. Shraddha Shopping Centre, Room No. 413, 4th Floor, Vs. Old Nagardas Road, Andheri Cumballa Hill, MTNL Tele (East), Mumbai 400069. Building, Peddar Road, Cumballa Hill, Mumbai 400026. (PAN: AAAAA0300L) (Appellant) (Respondent) Present for: Assessee : Shri Sharad A. Vaz…

Abhyudaya Co Operative Bank Ltd . Kanjur Branch, Mumbai vs. Income Tax Officer (TDS) Ward 1(1)(1), Mumbai

In the result, all the 20 appeals of the assessee are allowed

ITA 2580/MUM/2025[2016-17]Status: DisposedITAT Mumbai26 Jun 2025AY 2016-17

Bench: Shri Amit Shukla & Shri Girish Agrawal

For Appellant: Shri Sharad A. Vaze, CAFor Respondent: Shri. Aditya M. Rai, Sr. DR
Section 194ASection 194A(3)(v)Section 201(1)Section 80PSection 80P(2)(d)

…ITA No. 2571 to 2590/Mum/2025 Abhyudaya Co-operative Bank Ltd. AY 2016-17 IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH MUMBAI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER ITA Nos. 2571 to 2590/MUM/2025 Assessment Year: 2016-17 Abhyudaya Co-operative Income Tax Officer (TDS) Bank Ltd. Ward 1(1)(1), Mumbai. Shraddha Shopping Centre, Room No. 413, 4th Floor, Vs. Old Nagardas Road, Andheri Cumballa Hill, MTNL Tele (East), Mumbai 400069. Building, Peddar Road, Cumballa Hill, Mumbai 400026. (PAN: AAAAA0300L) (Appellant) (Respondent) Present for: Assessee : Shri Sharad A. Vaz…

Abhyudaya Co Operative Bank Ltd. Abhyudaya Nagar Branch, Mumbai vs. Income Tax Officer (TDS)Ward1(1)(1), Mumbai

In the result, all the 20 appeals of the assessee are allowed

ITA 2579/MUM/2025[2016-17]Status: DisposedITAT Mumbai26 Jun 2025AY 2016-17

Bench: Shri Amit Shukla & Shri Girish Agrawal

For Appellant: Shri Sharad A. Vaze, CAFor Respondent: Shri. Aditya M. Rai, Sr. DR
Section 194ASection 194A(3)(v)Section 201(1)Section 80PSection 80P(2)(d)

…ITA No. 2571 to 2590/Mum/2025 Abhyudaya Co-operative Bank Ltd. AY 2016-17 IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH MUMBAI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER ITA Nos. 2571 to 2590/MUM/2025 Assessment Year: 2016-17 Abhyudaya Co-operative Income Tax Officer (TDS) Bank Ltd. Ward 1(1)(1), Mumbai. Shraddha Shopping Centre, Room No. 413, 4th Floor, Vs. Old Nagardas Road, Andheri Cumballa Hill, MTNL Tele (East), Mumbai 400069. Building, Peddar Road, Cumballa Hill, Mumbai 400026. (PAN: AAAAA0300L) (Appellant) (Respondent) Present for: Assessee : Shri Sharad A. Vaz…

Abhyudaya Co Operative Bank Ltd . Borivali Branch, Mumbai vs. Income Tax Officer (TDS) Ward 1(1)(1), Mumbai

In the result, all the 20 appeals of the assessee are allowed

ITA 2578/MUM/2025[2016-17]Status: DisposedITAT Mumbai26 Jun 2025AY 2016-17

Bench: Shri Amit Shukla & Shri Girish Agrawal

For Appellant: Shri Sharad A. Vaze, CAFor Respondent: Shri. Aditya M. Rai, Sr. DR
Section 194ASection 194A(3)(v)Section 201(1)Section 80PSection 80P(2)(d)

…ITA No. 2571 to 2590/Mum/2025 Abhyudaya Co-operative Bank Ltd. AY 2016-17 IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH MUMBAI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER ITA Nos. 2571 to 2590/MUM/2025 Assessment Year: 2016-17 Abhyudaya Co-operative Income Tax Officer (TDS) Bank Ltd. Ward 1(1)(1), Mumbai. Shraddha Shopping Centre, Room No. 413, 4th Floor, Vs. Old Nagardas Road, Andheri Cumballa Hill, MTNL Tele (East), Mumbai 400069. Building, Peddar Road, Cumballa Hill, Mumbai 400026. (PAN: AAAAA0300L) (Appellant) (Respondent) Present for: Assessee : Shri Sharad A. Vaz…

Abhyudaya Co Operative Bank Ltd . Vikhroli West Branch, Mumbai vs. Income Tax Officer TDS Ward 1(1)(1), Mumbai

In the result, all the 20 appeals of the assessee are allowed

ITA 2577/MUM/2025[2016-17]Status: DisposedITAT Mumbai26 Jun 2025AY 2016-17

Bench: Shri Amit Shukla & Shri Girish Agrawal

For Appellant: Shri Sharad A. Vaze, CAFor Respondent: Shri. Aditya M. Rai, Sr. DR
Section 194ASection 194A(3)(v)Section 201(1)Section 80PSection 80P(2)(d)

…ITA No. 2571 to 2590/Mum/2025 Abhyudaya Co-operative Bank Ltd. AY 2016-17 IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH MUMBAI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER ITA Nos. 2571 to 2590/MUM/2025 Assessment Year: 2016-17 Abhyudaya Co-operative Income Tax Officer (TDS) Bank Ltd. Ward 1(1)(1), Mumbai. Shraddha Shopping Centre, Room No. 413, 4th Floor, Vs. Old Nagardas Road, Andheri Cumballa Hill, MTNL Tele (East), Mumbai 400069. Building, Peddar Road, Cumballa Hill, Mumbai 400026. (PAN: AAAAA0300L) (Appellant) (Respondent) Present for: Assessee : Shri Sharad A. Vaz…

Abhyudaya Co Operative Bank Ltd. Khernagar Branch, Mumbai vs. Income Tax Officer (TDS)Ward 1(1)(1), Mumbai

In the result, all the 20 appeals of the assessee are allowed

ITA 2576/MUM/2025[2016-17]Status: DisposedITAT Mumbai26 Jun 2025AY 2016-17

Bench: Shri Amit Shukla & Shri Girish Agrawal

For Appellant: Shri Sharad A. Vaze, CAFor Respondent: Shri. Aditya M. Rai, Sr. DR
Section 194ASection 194A(3)(v)Section 201(1)Section 80PSection 80P(2)(d)

…ITA No. 2571 to 2590/Mum/2025 Abhyudaya Co-operative Bank Ltd. AY 2016-17 IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH MUMBAI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER ITA Nos. 2571 to 2590/MUM/2025 Assessment Year: 2016-17 Abhyudaya Co-operative Income Tax Officer (TDS) Bank Ltd. Ward 1(1)(1), Mumbai. Shraddha Shopping Centre, Room No. 413, 4th Floor, Vs. Old Nagardas Road, Andheri Cumballa Hill, MTNL Tele (East), Mumbai 400069. Building, Peddar Road, Cumballa Hill, Mumbai 400026. (PAN: AAAAA0300L) (Appellant) (Respondent) Present for: Assessee : Shri Sharad A. Vaz…

Abhyudaya Co Operative Bank Ltd Turbhe Branch, Mumbai vs. Income Tax Officer TDS Ward 1(1)(1), Mumbai

In the result, all the 20 appeals of the assessee are allowed

ITA 2575/MUM/2025[2016-17]Status: DisposedITAT Mumbai26 Jun 2025AY 2016-17

Bench: Shri Amit Shukla & Shri Girish Agrawal

For Appellant: Shri Sharad A. Vaze, CAFor Respondent: Shri. Aditya M. Rai, Sr. DR
Section 194ASection 194A(3)(v)Section 201(1)Section 80PSection 80P(2)(d)

…ITA No. 2571 to 2590/Mum/2025 Abhyudaya Co-operative Bank Ltd. AY 2016-17 IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH MUMBAI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER ITA Nos. 2571 to 2590/MUM/2025 Assessment Year: 2016-17 Abhyudaya Co-operative Income Tax Officer (TDS) Bank Ltd. Ward 1(1)(1), Mumbai. Shraddha Shopping Centre, Room No. 413, 4th Floor, Vs. Old Nagardas Road, Andheri Cumballa Hill, MTNL Tele (East), Mumbai 400069. Building, Peddar Road, Cumballa Hill, Mumbai 400026. (PAN: AAAAA0300L) (Appellant) (Respondent) Present for: Assessee : Shri Sharad A. Vaz…

Abhyudaya Co Operative Bank Ltd . Koparkhairane Branch, Mumbai vs. Income Tax Officer (TDS)Ward 1(1)(1), Mumbai

In the result, all the 20 appeals of the assessee are allowed

ITA 2574/MUM/2025[2016-17]Status: DisposedITAT Mumbai26 Jun 2025AY 2016-17

Bench: Shri Amit Shukla & Shri Girish Agrawal

For Appellant: Shri Sharad A. Vaze, CAFor Respondent: Shri. Aditya M. Rai, Sr. DR
Section 194ASection 194A(3)(v)Section 201(1)Section 80PSection 80P(2)(d)

…ITA No. 2571 to 2590/Mum/2025 Abhyudaya Co-operative Bank Ltd. AY 2016-17 IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH MUMBAI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER ITA Nos. 2571 to 2590/MUM/2025 Assessment Year: 2016-17 Abhyudaya Co-operative Income Tax Officer (TDS) Bank Ltd. Ward 1(1)(1), Mumbai. Shraddha Shopping Centre, Room No. 413, 4th Floor, Vs. Old Nagardas Road, Andheri Cumballa Hill, MTNL Tele (East), Mumbai 400069. Building, Peddar Road, Cumballa Hill, Mumbai 400026. (PAN: AAAAA0300L) (Appellant) (Respondent) Present for: Assessee : Shri Sharad A. Vaz…

Abhyudaya Co Operative Bank Ltd Antop Hill Branch, Mumbai vs. Income Tax Officer (TDS)Ward 1(1)(1), Mumbai

In the result, all the 20 appeals of the assessee are allowed

ITA 2572/MUM/2025[2016-17]Status: DisposedITAT Mumbai26 Jun 2025AY 2016-17

Bench: Shri Amit Shukla & Shri Girish Agrawal

For Appellant: Shri Sharad A. Vaze, CAFor Respondent: Shri. Aditya M. Rai, Sr. DR
Section 194ASection 194A(3)(v)Section 201(1)Section 80PSection 80P(2)(d)

…ITA No. 2571 to 2590/Mum/2025 Abhyudaya Co-operative Bank Ltd. AY 2016-17 IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH MUMBAI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER ITA Nos. 2571 to 2590/MUM/2025 Assessment Year: 2016-17 Abhyudaya Co-operative Income Tax Officer (TDS) Bank Ltd. Ward 1(1)(1), Mumbai. Shraddha Shopping Centre, Room No. 413, 4th Floor, Vs. Old Nagardas Road, Andheri Cumballa Hill, MTNL Tele (East), Mumbai 400069. Building, Peddar Road, Cumballa Hill, Mumbai 400026. (PAN: AAAAA0300L) (Appellant) (Respondent) Present for: Assessee : Shri Sharad A. Vaz…

Abhyudaya Co Operative Bank Ltd Andheri Branch, Mumbai vs. Income Tax Officer (TDS)Ward 1(1)(1), Mumbai

In the result, all the 20 appeals of the assessee are allowed

ITA 2571/MUM/2025[2016-17]Status: DisposedITAT Mumbai26 Jun 2025AY 2016-17

Bench: Shri Amit Shukla & Shri Girish Agrawal

For Appellant: Shri Sharad A. Vaze, CAFor Respondent: Shri. Aditya M. Rai, Sr. DR
Section 194ASection 194A(3)(v)Section 201(1)Section 80PSection 80P(2)(d)

…ITA No. 2571 to 2590/Mum/2025 Abhyudaya Co-operative Bank Ltd. AY 2016-17 IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH MUMBAI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER ITA Nos. 2571 to 2590/MUM/2025 Assessment Year: 2016-17 Abhyudaya Co-operative Income Tax Officer (TDS) Bank Ltd. Ward 1(1)(1), Mumbai. Shraddha Shopping Centre, Room No. 413, 4th Floor, Vs. Old Nagardas Road, Andheri Cumballa Hill, MTNL Tele (East), Mumbai 400069. Building, Peddar Road, Cumballa Hill, Mumbai 400026. (PAN: AAAAA0300L) (Appellant) (Respondent) Present for: Assessee : Shri Sharad A. Vaz…

Om Gorai Nagari Sahakari Patsanstha Maryadit Mumbai, Mumbai vs. Jurisdiction Ward 42(1)(3), Mumbai, Kautilya Bhavan

ITA 2090/MUM/2025[2018-19]Status: DisposedITAT Mumbai23 May 2025AY 2018-19

Bench: Shri Saktijit Dey, V.P. & Shri Bijayananda, Pruseth, Am

For Respondent: Shri Rajendra Joshi (Sr. DR)
Section 263Section 80P(2)(d)Section 80P(4)

…IN THE INCOME TAX APPELLATE TRIBUNAL “C” BENCH, MUMBAI BEFORE SHRI SAKTIJIT DEY, V.P. AND SHRI BIJAYANANDA, PRUSETH, AM ITA No. 2090 & 2091/Mum/2025) (Assessment Years: 2018-19 & 2020-21) Om Gorai, Nagri Sahakari Patsantha Income Tax Officer, Maryadit, Plot No.264/279, Shreeji Ward 42(1)(3), Bungalow, Near Ganpati Mandir, Vs. Mumbai. Gorai (1), Borivali (W), Mumbai.-400091 PAN/GIR No. AAAAO 1697E (Applicant) : (Respondent) Applicant by : Shri Anil Sathe Respondent by : Shri Rajendra Joshi (Sr. DR) Date of Hearing : 13.05.2025 Date of Pronouncement : 23.05.2025 O R D E R Per Saktijit Dey, VP: Captioned appeals b…