Section 2(27) — 5 judgments | BharatTax

PATHARE PRABHU CO OPERATIVE HOUSING SOCIETY LIMITED,MUMBAI vs. INCOME TAX OFFICER, WARD 22(2)(1), MUMBAI

In the result, the appeal of the assessee is allowed

ITA 2088/MUM/2024[2014-15]Status: DisposedITAT Mumbai24 Jul 2024AY 2014-15

Bench: Shri Prashant Maharishi, Am & Shri Sunil Kumar Singh, Jm Pathare Prabhu Co Operative Income Tax Officer Housing Society Limited Plot No.340, 12 Th Foad, Ward 22(2)(1), Vs. Prabhu Nagar, Khar (West) Mumbai-400 012 Mumbai-400 052 (Appellant) (Respondent) Pan No. Aaap4549G Assessee By : Shri Prashant Chapekar, Ar Revenue By : Shri Rajneesh Yadav, Dr Date Of Hearing: 23.07.2024 Date Of Pronouncement : 24.07.2024

For Appellant: Shri Prashant Chapekar, ARFor Respondent: Shri Rajneesh Yadav, DR

Section 143(2)Section 143(3)Section 80Section 80PSection 80P(2)(a)Section 80P(2)(d)Section 80P(4)

Section 28(10) of the Maharashtra Co-operative Societies Act, 1960, Co-operative Bank means society carrying on the banking business. According to Section 2(27), society means co-operative society. Thus, even those co-operative banks are also co-operative Pathare Prabhu Co Operative Housing Society Limited

UDAY JAWAHAR KOTNIS,PUNE vs. INCOME TAX OFFICER, PUNE

ITA 1/PUN/2024[2017 - 2018]Status: DisposedITAT Pune10 Jul 2024

Bench: Shri R. K. Panda & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.01/Pun/2024 िनधा"रण वष" / Assessment Year: 2017-18 Uday Jawahar Kotnis, Vs. Ito, Ward-13(2), Pune. 601 A Building, Waterfront, Kalyani Nagar, Pune- 411001. Pan : Abtpk0141N Appellant Respondent Assessee By Shri V. L. Jain : Revenue By : Shri Sourabh Nayak Date Of Hearing : 29.05.2024 Date Of Pronouncement : 10.07.2024 आदेश / Order Per Vinay Bhamore, Jm: This Appeal Filed By The Assessee Is Directed Against The Order Dated 22.11.2023 Passed By Ld Cit(A)/Nfac, Delhi For The Assessment Year 2017-18. 2. The Appellant Has Raised The Following Grounds Of Appeal :- “1. The Learned Ao Has Erred On Facts & In Law In Making An Addition Of Rs.1,75,00,000/- As Commission Under The Head Income From Other Sources. 2. The Appellant Craves Leave To Amend Or Alter Any Of The Grounds Of Appeal Or Add To The Same, If Deemed Necessary.

For Respondent: Shri Sourabh Nayak

Section 143(3)Section 156Section 2(27)Section 234ASection 270A(9)(a)Section 274

land etc. 2. the possession of the land was handed over to the purchaser, 3 3. transfer of property was effected as per section 2(27) of the IT Act as well as 53A of the Transfer of Properties Act, 1882, 4. as per the plea of the assessee that

SMT. IRVIND KAUR GUJRAL,JAIPUR vs. ITO, WARD-1(3), JAIPUR, JAIPUR

In the result, appeal of the assessee is dismissed

ITA 477/JPR/2023[2018-19]Status: DisposedITAT Jaipur09 Nov 2023AY 2018-19

Bench: SHRI SANDEEP GOSAIN (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

For Appellant: Sh. P. C. Parwal (CA)For Respondent: Smt. Monisha Choudhary (Addl.CIT)

Section 143(3)Section 5(1)(c)Section 90(3)

General Clauses Act would apply to such omission and re-enactment. The Court has stated as follows: "As noticed earlier, the omission of Section 2(27) and re-enactment of Section 80-JJ was done simultaneously. It is a very well-recognized rule of interpretation of statutes that where

MUMBAI POSTAL EMPLOYEES CO-OPERATIVE CREDIT SOCIETY LTD,MUMBAI vs. INCOME TAX OFFICER, WARD 17(2)(1), MUMBAI

In the result, both the appeal of the assessee are allowed

ITA 1051/MUM/2023[2016-2017]Status: DisposedITAT Mumbai16 Aug 2023AY 2016-2017

Bench: Shri Amit Shukla & Shri Amarjit Singhita Nos.1050 & 1051/Mum/2023 (A.Ys. 2015-16 & 2016-17) Mumbai Postal Employees Vs. Income Tax Officer, Co-Operative Credit Ward 17(2)(1) Society Limited, Gpo Room No. 115, 1 St Floor, Building, Fort, Kautilya Bhavan, C-41 To Mumbai – 400001 C-43, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 स्थायी लेखा सं./जीआइआर सं./Pan/Gir No: Aaajm0032G Appellant .. Respondent

For Appellant: Madhur Agarwal &For Respondent: Neena Jeph

Section 143(2)Section 143(3)Section 263Section 80P(2)(a)Section 80P(2)(d)Section 80P(4)

includes any society which is functioning or is to function as an (Agriculture and Rural Development Bank) under Chapter XI. Section 2(27) of Maharashtra Co- operative Societies Act, 1960 defines "society as a co- operative society registered or deemed to be registered, under this Act Copies of sec 2

MUMBAI POSTAL EMPLOYEES CO-OPERATIVE CREDIT SOCIETY LTD ,MUMBAI vs. INCOME TAX OFFICER, WARD 17(2)(1), MUMBAI