Tumkur Merchants Souharda Credit Co-op. Ltd. v. ITO

55 Taxmann.com 447High Court2015#304 most cited

What is Tumkur Merchants Souharda Credit Co-op. Ltd. v. ITO authority for?

Interest income earned by a co-operative society from temporary deposits with other banks, when such deposits are made from its business funds, qualifies as business income eligible for deduction under Section 80P(2)(a)(i) and not as income from other sources.

267

judgments rely on this decision, according to BharatTax’s citation analysis of 367,368 Indian tax judgments — from 2015 to 2026.

Also referred to as

Tumkur Merchants Souharda Credit Co-op Ltd · 55 Taxmann.com 447 · Section 80P · Section 80P(2)(a)(i) · Section 80P(2)(d) · co-operative society income · interest from temporary deposits · deduction under 80P · income from other sources · business income cooperative bank · Karnataka High Court 2015

Sections most often in play

Section 80P(2)(d)Section 80P(2)(a)(i)Section 143(3)Section 80PSection 56Section 250Section 80P(4)Section 263

Issues it is cited on

section 57(i)section 80(2)(d)section 80(p)(2)(a)section 286section 80p(2)(c)section 161section 80p(2)(a)(iii)section 60section 80p(1)section 58section 80p(2)(a)section 80p(4)

Judgments citing Tumkur Merchants Souharda Credit Co-op. Ltd. v. ITO

The Keri Urban Co-Op. Credit Society Ltd., Keri, Goa vs. The Income Tax Officer, Ward-2(3), Panaji

Appeal is allowed in above terms

ITA 140/PAN/2019[2015-16]Status: DisposedITAT Panaji19 Dec 2022AY 2015-16

Bench: Shri Satbeer Singh Godara

For Appellant: Shri S.J. KamatFor Respondent: Smt. Neelima Nadkarni, Sr.DR
Section 143(3)Section 40Section 80PSection 80P(2)(a)Section 80P(2)(d)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI ‘SMC’ BENCH : PANAJI (THROUGH VIRTUAL HEARING) BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER ITA.No.140/PAN/2019 Assessment Year 2015-2016 The Keri Urban Co-operative The Income Tax Officer, Credit Society Limited, Keri, Ward-2(3), Aaykar Sattari, Ponda – Goa. vs. Bhavan, Pato Plaza, PIN 403 505 Panaji, Goa – 403 001. PAN AAAJT0830D (Appellant) (Respondent) For Assessee : Shri S.J. Kamat For Revenue : Smt. Neelima Nadkarni, Sr.DR Date of Hearing : 29.11.2022 Date of Pronouncement : 19.12.2022 ORDER This assessee’s appeal for assessment year 2015-16, arises again…

M/S Sri Nagendra Credit Co Operative vs. The Income Tax Officer

ITA/658/2018HC Karnataka12 Dec 2022

Bench: P.S.DINESH KUMAR,T.G. SHIVASHANKARE GOWDA

Section 260Section 80P(2)(a)Section 80P(2)(d)

…- 1 - ITA No. 658 of 2018 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 12TH DAY OF DECEMBER, 2022 PRESENT THE HON'BLE MR. JUSTICE P.S.DINESH KUMAR AND THE HON'BLE MR. JUSTICE T G SHIVASHANKARE GOWDA INCOME TAX APPEAL NO. 658 OF 2018 BETWEEN: M/S SRI. NAGENDRA CREDIT CO-OPERATIVE SOCIETY LIMITED REP. BY SRI.SIDDESH K.S CEO, #368/A, 6TH MAIN NAGENDRA BLOCK BSK 3RD STAGE BENGALURU-560 050 PAN NO:AALAS80544C…

The Orgaon Urban Co-Operative Credit Society Limited, Marcela vs. Income Tax Officer, Ward - 2(3), Panaji

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

ITA 242/PAN/2019[2015-16]Status: DisposedITAT Panaji30 Nov 2022AY 2015-16

Bench: Shri Inturi Rama Raoआयकर अपील सं. / Ita No.242/Pan/2019 िनधा"रण वष" / Assessment Year : 2015-16 The Orgaon Urban Co- Vs. Ito, Ward-2(3), Panaji, Operative Credit Society Goa. Limited, Deulwada, Marcela, Goa- 403107. Pan : Aaaat6227D Appellant Respondent Assessee By : Shri Madhu Gawde Revenue By : Shri N. Shrikanth Date Of Hearing : 16.11.2022 Date Of Pronouncement : 30.11.2022 आदेश / Order Per Inturi Rama Rao, Am: This Is An Appeal Filed By The Assessee Directed Against The Order Of Ld. Commissioner Of Income Tax (Appeals)-1, Panaji [‘The Cit(A)’] Dated 29.05.2019 For The Assessment Year 2015-16. 2. The Appellant Raised The Following Grounds Of Appeal :- “1) The Learned Cit(A) Has Not Appreciated Appellants Submission That Though The Appellants Case Was Selected For Limited Scrutiny Under Cass Of Deduction Under Chapter Via & Low Income & High Loans / Advances / Investments The Learned Assessing Officer Erred In Examining Other Issues & Has Wrongly Travelled Beyond His Permitted Ambit In Making The Disallowances U/S. 40(A)(Ia) & Sec. 36(1)(V). 2) The Learned Cit(A) Ought To Have Considered That The Interest Earned On Statutory Investments Of Statutory Funds In The Apex Bank(Cooperative

For Appellant: Shri Madhu GawdeFor Respondent: Shri N. Shrikanth
Section 143(3)Section 194ASection 36Section 36(1)(iv)Section 36(1)(v)Section 36(1)(va)Section 40Section 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 आयकर अपील सं. / ITA No.242/PAN/2019 िनधा"रण वष" / Assessment Year : 2015-16 The Orgaon Urban Co- Vs. ITO, Ward-2(3), Panaji, operative Credit Society Goa. Limited, Deulwada, Marcela, Goa- 403107. PAN : AAAAT6227D Appellant Respondent Assessee by : Shri Madhu Gawde Revenue by : Shri N. Shrikanth Date of hearing : 16.11.2022 Date of pronouncement : 30.11.2022 आदेश / ORDER PER INTURI RAMA RAO, AM: This is an appeal filed by the assessee directed against the order of ld. Commissioner of Income Tax…

The Bhagwati Urban Co-Op. Credit Society Ltd., Pernem vs. The Income Tax Officer, Ward-2(3), Panaji

The appeals of the assessee are allowed

ITA 46/PAN/2021[2017-18]Status: DisposedITAT Panaji24 Nov 2022AY 2017-18

Bench: Shri Satbeer Singh Godara

For Appellant: Shri Rajendra BhobeFor Respondent: Shri N. Shrikant
Section 143(1)Section 80PSection 80P(2)(d)Section 80P(4)Section 8O

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI ‘SMC’ BENCH : PANAJI (THROUGH VIRTUAL HEARING) BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER ITA.No.46/PAN/2021 Assessment Year 2017-2018 The Bhagwati Urban Co-op The Income Tax Officer, Credit Society Ltd., S-1 Ward-1(3), Market Subyard Near Bank vs. Panaji.. of Maharashtra, Pednem, Goa – 403 001 Goa – 403 524 (Appellant) (Respondent) For Assessee : Shri Rajendra Bhobe For Revenue : Shri N. Shrikant Date of Hearing : 23.11.2022 Date of Pronouncement : 25.11.2022 ORDER This assessee’s appeal for assessment year 2017- 18, arises against the National Faceless Appe…

Prathamik Krishi Pattin Sahakari Niyamit, Salapur vs. ITO, Ward - 1(5), Belagavi

The appeals of the assessee are allowed

ITA 17/PAN/2020[2016-17]Status: DisposedITAT Panaji23 Nov 2022AY 2016-17

Bench: Shri Satbeer Singh Godara

For Appellant: Shri S.B. GodadiFor Respondent: Shri N. Shrikant
Section 143(3)Section 80PSection 80P(2)(d)Section 80P(4)Section 8O

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI ‘SMC’ BENCH : PANAJI (THROUGH VIRTUAL HEARING) BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER ITA.No.17/PAN/2020 Assessment Year 2016-2017 Prathamik Krishi Pattin The Income Tax Officer, Sahalkari Niyamit, Salapur vs., Ward – 1(5), (Tal-Ramdurg) (Dist. Belagavi) – 591 127 Belagavi, State-Karnataka. PAN AACAP7604G (Appellant) (Respondent) For Assessee : Shri S.B. Godadi For Revenue : Shri N. Shrikant Date of Hearing : 17.11.2022 Date of Pronouncement : 23.11.2022 ORDER This assessee’s appeal for assessment year 2016- 17, arises against the CIT(A)’s Belgaum order dat…

Siddhlaxmi Sakh Sahakarita My, Indore vs. ITO (Exemption) W, Indore

ITA 131/IND/2020[2016-17]Status: DisposedITAT Indore14 Oct 2022AY 2016-17

Bench: Ms. Madhumita Roy & Shri Bhagirath Mal Biyani

For Appellant: Shri Jai Kumar Jain, A.RFor Respondent: Shri Ashish Porwal, Sr.D.R
Section 143(3)Section 80PSection 80P(2)(a)

…IN THE INCOME TAX APPELLATE TRIBUNAL INDORE BENCH, INDORE BEFORE Ms. MADHUMITA ROY, JUDICIAL MEMBER & SHRI BHAGIRATH MAL BIYANI, ACCOUNTANT MEMBER I.T.A. No.131/Ind/2020 (Assessment Year: 2016-17) Siddh Laxmi Sakh Sahakarita Vs. Income Tax Officer Maryadit (Exemption) E-8/46, Radhika Homes, Ward – Indore, Indore Trilanga, Bhopal PAN No. AACAS4634B (Appellant) .. (Respondent) Appellant by : Shri Jai Kumar Jain, A.R. Respondent by : Shri Ashish Porwal, Sr.D.R. Date of Hearing 26.09.2022 14.10.2022 Date of Pronouncement O R D E R PER Ms. MADHUMITA ROY - JM: The instant appeal filed by the assessee is dir…

M/S. Shri Mahishasuramardini Urban Co-Operative Credit Society Limited, Haveri vs. Income Tax Officer, Wrd-1, Haveri

In the result, the appeal filed by the assessee is allowed for statistical purposes

ITA 566/BANG/2022[2017-18]Status: DisposedITAT Bangalore16 Aug 2022AY 2017-18

Bench: Shri Chandra Poojari

For Appellant: Sri.Vishal S Rao, CAFor Respondent: Sri.Ganesh R.Ghale, Standing Counsel
Section 234ASection 234BSection 69ASection 80P(2)(a)

…IN THE INCOME TAX APPELLATE TRIBUNAL BANGALORE BENCHES “SMC-C”, BANGALORE Before Shri Chandra Poojari, Accountant Member ITA No.566/Bang/2022 : Asst.Year 2017-2018 Sri Mahishasuramardini Urban The Income Tax Officer Co-operative Credit Society Ltd. Ward 1 v. Haveri. Dru Joshi Building Krubageri Road, Ranebennur Haveri – 581 115. PAN : AABAS1467R. (Appellant) (Respondent) Appellant by : Sri.Vishal S Rao, CA Respondent by : Sri.Ganesh R.Ghale, Standing Counsel Date of Pronouncement : 16.08.2022 Date of Hearing : 16.08.2022 O R D E R This appeal filed by the assessee is directed against the order of the CIT(A) dat…

Shree Tuljabhavani Nagari Sahakari Pat Sanstha Maryadit, Pune vs. Principal Commissioner of Income Tax -5, Pune

In the result, appeal of the Assessee is allowed

ITA 254/PUN/2020[2014-2015]Status: DisposedITAT Pune28 Jul 2022AY 2014-2015

Bench: Shri S.S.Godara & Dr. Dipak P. Ripoteआयकरअपीलसं. / Ita No.254/Pun/2020 िनधा"रणवष" /Assessment Year: 2014-15 Shree Tuljabhavani Nagari The Principal Commissioner Sahakari Pat Sanstha Maryadit, Vs Of Income Tax - 5, Pune. 17/04, 103, Shri Tuljibhavani Plaza Mangalnagar, Wakad Road, Thergaon, Pune. Pan: Aadas 9902 P Appellant/ Assessee Respondent/ Revenue Assessee By None. Revenue By Shri Arvind Desai – Dr Date Of Hearing 16/06/2022 Date Of Pronouncement 28/07/2022 आदेश/ Order Per Dr.Dipak P.Ripote, Am: This Appeal Filed By The Assessee Is Directed Against The Order Of Ld.Pr.Commissioner Of Income-Tax-5, Pune’S, Order Dated 08.01.2019For The Assessment Year 2014-15, Involving Proceedings Under Section 263(1) Of The Income Tax Act, 1961. The Assessee Has Raised The Following Grounds Of Appeal: “1. Pr.Commissioner Of Income Tax Has Erred In Passing The Order Which Is Without Jurisdiction & Bad In Law. Same May Please Be Cancelled. 2. Pr.Cit Has Erred In Alleging That Order U/S 143(3) Passed By Assessing Officer Is Erroneous In So Far As It Is Prejudicial To The Interest Of Revenue. Appellant Prays To Cancel The Same.

Section 143(3)Section 263Section 263(1)Section 80PSection 80P(2)(a)Section 80P(2)(d)

…आयकर अपीलीय अिधकरण “ए” "ायपीठ पुणेम"। IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, PUNE BEFORE SHRI S.S.GODARA, JUDICIAL MEMBER AND DR. DIPAK P. RIPOTE, ACCOUNTANT MEMBER आयकरअपीलसं. / ITA No.254/PUN/2020 िनधा"रणवष" /Assessment Year: 2014-15 Shree Tuljabhavani Nagari The Principal Commissioner Sahakari Pat Sanstha Maryadit, Vs of Income Tax - 5, Pune. 17/04, 103, Shri Tuljibhavani Plaza Mangalnagar, Wakad Road, Thergaon, Pune. PAN: AADAS 9902 P Appellant/ Assessee Respondent/ Revenue Assessee by None. Revenue by Shri Arvind Desai – DR Date of hearing 16/06/2022 Date of pronouncement 28/07/2022 आदेश/ ORDER PER…

The Sarvoday Co.Op. Credit Soc. Ltd., Mumbai vs. ITO WD- 26(3)(6) Now Assessed With ITO, WD 26(2)(1), Mumbai

In the result, the appeal of the assessee is allowed

ITA 292/MUM/2022[2017-18]Status: DisposedITAT Mumbai21 Jun 2022AY 2017-18

Bench: Shri Kuldip Singh () & Shri Om Prakash Kant () Assessment Year: 2017-18 The Sarvoday Co-Operative Credit Income Tax Officer, Society Ltd., Ward 26(3)(6), 19, Shiv Shopping Centre, Shivaji Vs. 315, 3Rd Floor, Kautilya Bhavan, Talao, Sardar Pratap Singh Marg, C-41 To C-43, G Block, Bkc, Bhandup (W), Bandra (E), Mumbai-400078. Mumbai-400051. Pan No. Aaaat 9173 A Appellant Respondent

For Appellant: Mr. Kumar Kale, ARFor Respondent: Mr. Kiran P. Unavekar, DR
Section 80P(2)Section 80P(2)(d)

…IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “SMC-1” MUMBAI BEFORE SHRI KULDIP SINGH (JUDICIAL MEMBER) AND SHRI OM PRAKASH KANT (ACCOUNTANT MEMBER) Assessment Year: 2017-18 The Sarvoday Co-operative Credit Income Tax Officer, Society Ltd., Ward 26(3)(6), 19, Shiv Shopping Centre, Shivaji Vs. 315, 3rd floor, Kautilya Bhavan, Talao, Sardar Pratap Singh Marg, C-41 to C-43, G Block, BKC, Bhandup (W), Bandra (E), Mumbai-400078. Mumbai-400051. PAN No. AAAAT 9173 A Appellant Respondent Assessee by : Mr. Kumar Kale, AR Revenue by : Mr. Kiran P. Unavekar, DR Date of Hearing : 02/06/2022 Date of pronouncement : 21/06…

Shri Shridharswamy Credit Souharda Sahakari Niyamit, Belagavi vs. ITO, Ward - 2(1), Belgavi

In the result, all the three appeals of the assessee are partly allowed for statistical purposes

ITA 136/PAN/2018[2012-13]Status: DisposedITAT Panaji15 Jun 2022AY 2012-13

Bench: Shri C.M. Garg & Shri Girish Agrawal

Section 80P(2)(a)Section 80P(2)(d)

…IN THE INCOME TAX APPELLATE TRIBUNAL, PANAJI BENCH, PANAJI BEFORE SHRI C.M. GARG, JUDICIAL MEMBER AND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER I.T.A. Nos. 136 to 138/PAN/2018 Assessment Years: 2012-13 to 2014-15 Shri Shridharswamy Credit Vs. ITO, Souharda Sahakari Niyamit Ward 2(1), 1338, Gururaj Anugrah, Ground Belagavi. Floor, Ramalingkhind Galli, Belagavi – 590001. (PAN: AAABS1646E) Appellant Respondent Date of Hearing 13.06.2022 Date of Pronouncement 15.06.2022 Assessee by Shri U.G. Ammangi, CA Department by Shri Mayur Kamble, Sr. DR ORDER Per C.M. Garg, JM: The above appeals filed by the Assessee are directe…

M/S Nerali Urban Co-Oprative Credit Society Limited, Nerali vs. Income Tax Officer, Ward - 2(2), Belagavi

In the result, all the grounds of appeal of the assessee related ITA No

ITA 446/PAN/2018[2015-16]Status: DisposedITAT Panaji07 Apr 2022AY 2015-16

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

For Appellant: NoneFor Respondent: Smt. Rijula Uniyal, Sr. DR
Section 250(6)Section 80PSection 80P(2)(d)Section 80P(4)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI BEFORE DR. M. L. MEENA, ACCOUNTANT MEMBER AND SH. ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A. No. 210/PAN/2018 Assessment Year: 2012-13 Hegdekatta Group Gramagala Vs. The Income Tax Officer, Seva Sahakari Sangha Ltd., Ward 1, Sirsi, Karnataka Hegdekatta Sirsi Taluk, Uttara Kannada Distt. Karnataka 581 403 [PAN: AAAAH 0479F] (Appellant) (Respondent) I.T.A. No. 244/PAN/2018 Assessment Year: 2012-13 Shri Shivayogi Urban Vs. Income Tax Officer, Co-operative Credit Society Ltd. Ward-1 (3) Belgaum 122, M.G. Market Athani, 590 001 Distt. Belagavi-591 304…

M/S Veerashaiva Credit Souhard Sahakari Limited, Athani vs. Income Tax Officer, Ward -2(2), Belgavi

In the result, all the grounds of appeal of the assessee related ITA No

ITA 445/PAN/2018[2015-16]Status: DisposedITAT Panaji07 Apr 2022AY 2015-16

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

For Appellant: NoneFor Respondent: Smt. Rijula Uniyal, Sr. DR
Section 250(6)Section 80PSection 80P(2)(d)Section 80P(4)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI BEFORE DR. M. L. MEENA, ACCOUNTANT MEMBER AND SH. ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A. No. 210/PAN/2018 Assessment Year: 2012-13 Hegdekatta Group Gramagala Vs. The Income Tax Officer, Seva Sahakari Sangha Ltd., Ward 1, Sirsi, Karnataka Hegdekatta Sirsi Taluk, Uttara Kannada Distt. Karnataka 581 403 [PAN: AAAAH 0479F] (Appellant) (Respondent) I.T.A. No. 244/PAN/2018 Assessment Year: 2012-13 Shri Shivayogi Urban Vs. Income Tax Officer, Co-operative Credit Society Ltd. Ward-1 (3) Belgaum 122, M.G. Market Athani, 590 001 Distt. Belagavi-591 304…

Prathamik Krishi Pattin Sahakari Bank, Belgavi vs. Income Tax Officer, Ward 1(4), Belgavi

In the result, all the grounds of appeal of the assessee related ITA No

ITA 443/PAN/2018[2013-14]Status: DisposedITAT Panaji07 Apr 2022AY 2013-14

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

For Appellant: NoneFor Respondent: Smt. Rijula Uniyal, Sr. DR
Section 250(6)Section 80PSection 80P(2)(d)Section 80P(4)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI BEFORE DR. M. L. MEENA, ACCOUNTANT MEMBER AND SH. ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A. No. 210/PAN/2018 Assessment Year: 2012-13 Hegdekatta Group Gramagala Vs. The Income Tax Officer, Seva Sahakari Sangha Ltd., Ward 1, Sirsi, Karnataka Hegdekatta Sirsi Taluk, Uttara Kannada Distt. Karnataka 581 403 [PAN: AAAAH 0479F] (Appellant) (Respondent) I.T.A. No. 244/PAN/2018 Assessment Year: 2012-13 Shri Shivayogi Urban Vs. Income Tax Officer, Co-operative Credit Society Ltd. Ward-1 (3) Belgaum 122, M.G. Market Athani, 590 001 Distt. Belagavi-591 304…

The Belgaum Manufacturers Co-Operative Industrial Estate Ltd, Belgavi vs. Income Tax Officer, Ward - 1(1), Belgavi

In the result, all the grounds of appeal of the assessee related ITA No

ITA 431/PAN/2018[2015-16 ]Status: DisposedITAT Panaji07 Apr 2022

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

For Appellant: NoneFor Respondent: Smt. Rijula Uniyal, Sr. DR
Section 250(6)Section 80PSection 80P(2)(d)Section 80P(4)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI BEFORE DR. M. L. MEENA, ACCOUNTANT MEMBER AND SH. ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A. No. 210/PAN/2018 Assessment Year: 2012-13 Hegdekatta Group Gramagala Vs. The Income Tax Officer, Seva Sahakari Sangha Ltd., Ward 1, Sirsi, Karnataka Hegdekatta Sirsi Taluk, Uttara Kannada Distt. Karnataka 581 403 [PAN: AAAAH 0479F] (Appellant) (Respondent) I.T.A. No. 244/PAN/2018 Assessment Year: 2012-13 Shri Shivayogi Urban Vs. Income Tax Officer, Co-operative Credit Society Ltd. Ward-1 (3) Belgaum 122, M.G. Market Athani, 590 001 Distt. Belagavi-591 304…

Shri. Gomatesh Co-Opp. Credit Soc. Ltd., Belgaum vs. Income Tax Officer, Ward- 1, Nipani

In the result, all the grounds of appeal of the assessee related ITA No

ITA 249/PAN/2018[2013-14]Status: DisposedITAT Panaji07 Apr 2022AY 2013-14

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

For Appellant: NoneFor Respondent: Smt. Rijula Uniyal, Sr. DR
Section 250(6)Section 80PSection 80P(2)(d)Section 80P(4)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI BEFORE DR. M. L. MEENA, ACCOUNTANT MEMBER AND SH. ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A. No. 210/PAN/2018 Assessment Year: 2012-13 Hegdekatta Group Gramagala Vs. The Income Tax Officer, Seva Sahakari Sangha Ltd., Ward 1, Sirsi, Karnataka Hegdekatta Sirsi Taluk, Uttara Kannada Distt. Karnataka 581 403 [PAN: AAAAH 0479F] (Appellant) (Respondent) I.T.A. No. 244/PAN/2018 Assessment Year: 2012-13 Shri Shivayogi Urban Vs. Income Tax Officer, Co-operative Credit Society Ltd. Ward-1 (3) Belgaum 122, M.G. Market Athani, 590 001 Distt. Belagavi-591 304…

Shri. Gomatesh Co-Opp. Credit Soc. Ltd., Belgaum vs. Income Tax Officer, Ward- 1, Nipani

In the result, all the grounds of appeal of the assessee related ITA No

ITA 248/PAN/2018[2012-13]Status: DisposedITAT Panaji07 Apr 2022AY 2012-13

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

For Appellant: NoneFor Respondent: Smt. Rijula Uniyal, Sr. DR
Section 250(6)Section 80PSection 80P(2)(d)Section 80P(4)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI BEFORE DR. M. L. MEENA, ACCOUNTANT MEMBER AND SH. ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A. No. 210/PAN/2018 Assessment Year: 2012-13 Hegdekatta Group Gramagala Vs. The Income Tax Officer, Seva Sahakari Sangha Ltd., Ward 1, Sirsi, Karnataka Hegdekatta Sirsi Taluk, Uttara Kannada Distt. Karnataka 581 403 [PAN: AAAAH 0479F] (Appellant) (Respondent) I.T.A. No. 244/PAN/2018 Assessment Year: 2012-13 Shri Shivayogi Urban Vs. Income Tax Officer, Co-operative Credit Society Ltd. Ward-1 (3) Belgaum 122, M.G. Market Athani, 590 001 Distt. Belagavi-591 304…

Shri Shivayogi Urban Co-Operative Credit Society Limited, Belgavi vs. Income Tax Officer, Ward - 1(3), Belgavi

In the result, all the grounds of appeal of the assessee related ITA No

ITA 244/PAN/2018[2012-13]Status: DisposedITAT Panaji07 Apr 2022AY 2012-13

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

For Appellant: NoneFor Respondent: Smt. Rijula Uniyal, Sr. DR
Section 250(6)Section 80PSection 80P(2)(d)Section 80P(4)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI BEFORE DR. M. L. MEENA, ACCOUNTANT MEMBER AND SH. ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A. No. 210/PAN/2018 Assessment Year: 2012-13 Hegdekatta Group Gramagala Vs. The Income Tax Officer, Seva Sahakari Sangha Ltd., Ward 1, Sirsi, Karnataka Hegdekatta Sirsi Taluk, Uttara Kannada Distt. Karnataka 581 403 [PAN: AAAAH 0479F] (Appellant) (Respondent) I.T.A. No. 244/PAN/2018 Assessment Year: 2012-13 Shri Shivayogi Urban Vs. Income Tax Officer, Co-operative Credit Society Ltd. Ward-1 (3) Belgaum 122, M.G. Market Athani, 590 001 Distt. Belagavi-591 304…

The Yamakanmardi Laxmi Urben Credit Souharda Sahakari Niyamit ., Belgaum vs. Income Tax Officer (Ward) 1(1), Belgavi

In the result, all the grounds of appeal of the assessee related ITA No

ITA 222/PAN/2018[2012-13]Status: DisposedITAT Panaji07 Apr 2022AY 2012-13

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

For Appellant: NoneFor Respondent: Smt. Rijula Uniyal, Sr. DR
Section 250(6)Section 80PSection 80P(2)(d)Section 80P(4)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI BEFORE DR. M. L. MEENA, ACCOUNTANT MEMBER AND SH. ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A. No. 210/PAN/2018 Assessment Year: 2012-13 Hegdekatta Group Gramagala Vs. The Income Tax Officer, Seva Sahakari Sangha Ltd., Ward 1, Sirsi, Karnataka Hegdekatta Sirsi Taluk, Uttara Kannada Distt. Karnataka 581 403 [PAN: AAAAH 0479F] (Appellant) (Respondent) I.T.A. No. 244/PAN/2018 Assessment Year: 2012-13 Shri Shivayogi Urban Vs. Income Tax Officer, Co-operative Credit Society Ltd. Ward-1 (3) Belgaum 122, M.G. Market Athani, 590 001 Distt. Belagavi-591 304…

Hegdekatta Group Gramagala Seva Sahakari Sangha Ltd., Sirsi vs. The Income Tax Officer, Ward - 1, Sirsi

In the result, all the grounds of appeal of the assessee related ITA No

ITA 210/PAN/2018[2012-13]Status: DisposedITAT Panaji07 Apr 2022AY 2012-13

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

For Appellant: NoneFor Respondent: Smt. Rijula Uniyal, Sr. DR
Section 250(6)Section 80PSection 80P(2)(d)Section 80P(4)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI BEFORE DR. M. L. MEENA, ACCOUNTANT MEMBER AND SH. ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A. No. 210/PAN/2018 Assessment Year: 2012-13 Hegdekatta Group Gramagala Vs. The Income Tax Officer, Seva Sahakari Sangha Ltd., Ward 1, Sirsi, Karnataka Hegdekatta Sirsi Taluk, Uttara Kannada Distt. Karnataka 581 403 [PAN: AAAAH 0479F] (Appellant) (Respondent) I.T.A. No. 244/PAN/2018 Assessment Year: 2012-13 Shri Shivayogi Urban Vs. Income Tax Officer, Co-operative Credit Society Ltd. Ward-1 (3) Belgaum 122, M.G. Market Athani, 590 001 Distt. Belagavi-591 304…

Prathamik Krishi Pattin Sahakari Sangh Niyamit Sankeshwar, Belgaum vs. ITO, Ward - 1(3), Belgaum

In the result, the appeal filed by the assessee stands partly allowed for statistical purposes

ITA 64/PAN/2018[2012-13]Status: DisposedITAT Panaji06 Apr 2022AY 2012-13

Bench: Shri Inturi Rama Rao, Am & Shri S. S. Viswanethra Ravi, Jm आयकर अपील सं. / Ita No.64/Pan/2018 िनधा"रण वष" / Assessment Year : 2012-13 Prathamik Krishi Pattin Sahakhari Sangh Niyamit Sankeshwar, Azad Road, Sankeshwar, Tq: Hukkeri, Dist. Belgaum- 591313. .......अपीलाथ" / Appellant Pan : Aaaat4153E बनाम / V/S. Ito, Ward- 1(3), ……""यथ" / Respondent Belgaum. Assessee By : Shri M. S. Tigadi Revenue By : Shri Rijula Uniyal सुनवाई क" तारीख / Date Of Hearing : 04.04.2021 घोषणा क" तारीख / Date Of Pronouncement : 06.04.2022 आदेश / Order Per Inturi Rama Rao, Am: This Is An Appeal Filed By The Assessee Directed Against The Order Of Ld. Commissioner Of Income Tax (Appeals), Belagavi [‘Cit(A)’ For Short] Dated 29.11.2017 For The Assessment Year 2012-13. 2. Briefly, The Facts Of The Case Are That The Appellant Is A Cooperative Society Engaged In The Business Of Providing Credit Facilities To Its Members. The Return Of Income For The Assessment Year 2012-13 Was Filed On 15.09.2013 Declaring Rs.Nil Income. Against The Said Return Of Income, The Assessment Was Completed By The Income Tax Officer, Ward- 1(3), Belgaum (‘The Assessing

For Appellant: Shri M. S. TigadiFor Respondent: Shri Rijula Uniyal
Section 143(3)Section 80P(2)(a)Section 80P(2)(d)Section 80P(4)

…IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI – VIRTUAL COURT BEFORE SHRI INTURI RAMA RAO, AM AND SHRI S. S. VISWANETHRA RAVI, JM आयकर अपील सं. / ITA No.64/PAN/2018 िनधा"रण वष" / Assessment Year : 2012-13 Prathamik Krishi Pattin Sahakhari Sangh Niyamit Sankeshwar, Azad Road, Sankeshwar, Tq: Hukkeri, Dist. Belgaum- 591313. .......अपीलाथ" / Appellant PAN : AAAAT4153E बनाम / V/s. ITO, Ward- 1(3), ……""यथ" / Respondent Belgaum. Assessee by : Shri M. S. Tigadi Revenue by : Shri Rijula Uniyal सुनवाई क" तारीख / Date of Hearing : 04.04.2021 घोषणा क" तारीख / Date of Pronouncement : 06.04.2022 आदेश / ORDER PER I…