UNION BANK CO.OP. CREDIT SOCIETY LTD.,AHMEDABAD vs. THE DY.CIT, CIRCLE-1(1)(1), AHMEDABAD

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

Bench: Shri T.R. Senthil Kumar & Shri Makarand V. Mahadeokarआयकर अपील सं /Ita Nos.1228 & 1229/Ahd/2024 िनधा"रण वष" /Assessment Years: 2018-19 & 2020-21 Respectively Union Bank Co-Op. Credit The Dy.Cit बनाम/ Society Ltd. Circle-1(1)(1) V/S. 1, Dhalaxmi Market Ahmedabad Revadi Bazar Kalupur Ahmedabad – 380 001 (Gujarat) "थायी लेखा सं./Pan:Aaau 0802 F (अपीलाथ$/ Appellant) (%& यथ$/ Respondent) Assessee By : Shri Anil Kshatriya, Advocate Revenue By : Smt. Bhavna Gupta Singh, Sr.Dr सुनवाई की तारीख/Date Of Hearing : 24/09/2024 घोषणा की तारीख /Date Of Pronouncement: 08/10/2024 आदेश/O R D E R Per Makarand V. Mahadeokar, Am:

68,395/- Allowable Exemption u/s 80P(2)(a)(i) Interest on Interest on Members Members Loan Rs. Loan Rs. 82,29,369/- 74,71,157/- 3. The assessee preferred and appeal before the CIT(A) against the order of AO. The CIT(A) upheld the additions made by the Assessing Officer (AO) in both assessment years

THE SANKHEDA JETPUR PAVI TALUKA GINNING PRESSING COTTON SALE CO.OP SOCIETY LTD,VADODARA vs. THE PR. CIT-3, VADODARA

In the result, the appeal of the assessee is dismissed

Bench: Smt. Annapurna Gupta & Shri Siddhartha Nautiyal

2,68,900/- from rent income, and Rs. 53,53,310/- from ginning and pressing activities. The total claimed deduction was Rs. 65,21,526/-, limited to a maximum of Rs. 24,51,022/- based on the gross total income. The primary issue concerns the eligibility for the deduction under Section 80P

ITO MEHSANA WARD 5 KADI, KADI vs. THE GOZARIA PEOPLES CO OPERATIVE CREDIT SOCIETY LIMITED, GOZARIA

Appeal is dismissed

Bench: Dr. Brr Kumar & Shri T.R. Senthil Kumari.Ta. No.1819/Ahd/2024 (Assessment Year: 2018-19) The Income Tax Officer, Vs. The Gozaria Peoples Co- Mehsana Ward 5, Operative Credit Society Kadi. Limited, Gozaria 2, Main Bazar At Gozaria Ta. Mehsana Dist. Mehsana-383825 [Pan No.Aaajt1283G] (Appellant) .. (Respondent) Appellant By : Shri B K Patel, Ar Respondent By: Smt. Trupti Patel, Sr. Dr

80P(2)(d) which is in consonance with the various decisions of the Court as a twin condition invoking section 263 as to the assessment being erroneous and prejudicial to the interest of the revenue are not being fulfilled. [Para 33]  In view of the foregoing reasons the question is answered in favour of the assessee and against

THE MEHLAV PEOPLES CO-OP. CREDIT SOCIETY LTD.,PETLAD vs. THE DCIT, CIRCLE-1(3),, VADODARA

In the result, the appeal is partly allowed in the terms indicated above

Bench: Shri Pramod Kumar] Assessment Year : 2012-13 The Mehlav Peoples Co-Op. Credit Society Ltd ......…………......Appellant Opp. Goverdhannath Temple, Mehlav, Tal. Petlad – 388 440 [Pan – Aaaat 2312 D] Vs. The Dy. Commissioner Of Income-Tax .......................Respondent Circle-1(3), Vadodara

Section 80P(2)(c) (c) in the case of a co- operative society engaged in activities other than those specified in clause (a) or clause (b) (either independently of, or in addition to, all or any of the activities so specified), so much of its profits and gains attributable to such activities as 1 does not exceed,- (i) where

SHRI SAHAJANAND CO. OP. CREDIT SOCIETY LTD.,,VADODARA vs. THE INCOME TAX OFFICER, WARD-3(1)(2),, VADODARA

The appeal of the assessee is partly allowed for statistical purposes

Section 8oP(2)(c) (c) in the case of a co- operative society engaged in activities other than those specified in clause (a) or clause (b) (either independently of, or in addition to, all or any of the activities so specified), so much of its profits and gains attributable to such activities as does not exceed,- (i) where such

I.M.A. VADODARA CO.-OP. CREDIT SOC. LTD.,,VADODARA vs. THE INCOME TAX OFFICER, WARD-3(1)(2),, VADODARA

The appeal of the assessee is partly allowed for statistical purposes

Section 8oP(2)(c) (c) in the case of a co- operative society engaged in activities other than those specified in clause (a) or clause (b) (either independently of, or in addition to, all or any of the activities so specified), so much of its profits and gains attributable to such activities as does not exceed,- (i) where such

SHRI FRIENDS CO. OP. CREDIT SOCIETY LIMITED,,VADODARA vs. THE INCOME TAX OFFICER, WARD-3(1)(2),, VADODARA

The appeal of the assessee is partly allowed for statistical purposes

Section 8oP(2)(c) (c) in the case of a co- operative society engaged in activities other than those specified in clause (a) or clause (b) (either independently of, or in addition to, all or any of the activities so specified), so much of its profits and gains attributable to such activities as does not exceed,- (i) where such

SHRE VAISHNAV PARIVAR SAHAKARI MANDALI LTD.,,VADODARA vs. THE INCOME TAX OFFICER, WARD-3(1)(1),, VADODARA

In the result, the appeal of the assessee is partly allowed for statistical purposes

Section 8oP(2)(c) (c) in the case of a co- operative society engaged in activities other than those specified in clause (a) or clause (b) (either independently of, or in addition to, all or any of the activities so specified), so much of its profits and gains attributable to such activities as does not exceed,- (i) where such

THE ITO, WARD-5(3)(1), AHMEDABAD vs. AHMEDABAD DISTRICT CO.OP.MILK PRODUCERS UNION LTD., AHMEDABAD

In the result, both the appeals filed by the Revenue are dismissed

Bench: Ms. Suchitra Kamble & Shri Makarand Vasant Mahadeokar

Section 80P(2) of the Income Tax Act, 1961 amounting to Rs.1,93,38,659/- which included dividend income of Rs.7,68

ITO, WARD-5(3)(1), VEJALPUR vs. AHMEDABAD DISTRICT CO OP MILK PRODUCERS UNION LTD, AHMEDABAD

In the result, both the appeals filed by the Revenue are dismissed

Bench: Ms. Suchitra Kamble & Shri Makarand Vasant Mahadeokar

Section 80P(2) of the Income Tax Act, 1961 amounting to Rs.1,93,38,659/- which included dividend income of Rs.7,68

SAVLI TALUKA SECONDARY AND HIGHER SECONDARY EMPLOYEES CO OP. CREDIT SOCIETY LIMITED,VADODARA vs. THE INCOME TAX OFFICER, WARD-1(2)(2), VADODARA

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: Dr. Brr Kumar & Shri Siddhartha Nautiyalआयकर अपील सं /Ita No.1772/Ahd/2024 िनधा"रण वष" /Assessment Year : 2019-20 Savli Taluka Secondary & The Income Tax Officer बनाम/ Higher Secondary Employees Ward-1(2)(2) V/S. Co-Op. Credit Society Ltd. Vadodara – 390 007 18, Rayakaka Park Savli Desar Road Vadodara – 391 770. "थायी लेखा सं./Pan: Aafas 6647 D (अपीलाथ"/ Appellant) ("" यथ"/ Respondent) Assessee By : Shri Sanket Bakshi, Ar Revenue By : Shri Abhijit Sr.Dr सुनवाई की तारीख/Date Of Hearing : 12/08/2025 घोषणा की तारीख /Date Of Pronouncement: 04/11/2025 आदेश/O R D E R Per Siddhartha Nautiyal, Jm:

68 of the Act. Further, the AO observed that the assessee claimed a deduction of Rs. 8,81,596/- under section 80P(2

APOLLO TYRES EMPLOYEES MULTIPUROPSE CONSUMER CO. OPERATIVE CREDIT SOCIETY LTD.,,VADODARA vs. THE DY. COMMISSIONER OF INCOME TAX, CIRCLE-3(1),, BARODA

In the result, the appeal of the assessee is partly allowed for statistical purposes

Section 8oP(2)(c) (c) in the case of a co- operative society engaged in activities other than those specified in clause (a) or clause (b) (either independently of, or in addition to, all or any of the activities so specified), so much of its profits and gains attributable to such activities as does not exceed,- (i) where such

THE POSUN CO. OP. CREDIT SOCIETY LTD.,,BARODA vs. THE INCOME TAX OFFICER, WARD-3(1)(5),, BARODA

In the result, the appeal is allowed for statistical purposes

Bench: Shri Pramod Kumar] Assessment Year: 2013-14

Section 8oP(2)(c) (c) in the case of a co- operative society engaged in activities other than those specified in clause (a) or clause (b) (either independently of, or in addition to, all or any of the activities so specified), so much of its profits and gains attributable to such activities as does not exceed,- (i) where such

SHRI LAXMI CO. OP. CREDIT SOCIETY LTD. vs. THE INCOME TAX OFFICER, WARD-3(1)(2),, BARODA

In the result, the appeal is allowed for statistical purposes

Bench: Shri Pramod Kumar] Assessment Year: 2013-14

Section 8oP(2)(c) (c) in the case of a co- operative society engaged in activities other than those specified in clause (a) or clause (b) (either independently of, or in addition to, all or any of the activities so specified), so much of its profits and gains attributable to such activities as does not exceed,- (i) where such

THE ACIT, PATAN CIRCLE, PATAN vs. THE SARDAR PATEL CO OPERTAIVE CREDIT SOCIETY LIMITED, MEHSANA

In the result, the appeal of the revenue is dismissed

2 ACIT vs. The Sardar Patel Co-Op. Credit Society Ltd. “(i) Whether, the Ld. Commissioner of Income- Tax (appeals) has erred in law and on facts in deleting the addition of Rs. 1,46,68,200/- on account of interest earned under section 80P

SHRI UMIYA COOPERATIVE CREDIT SOCIETY LTD. ,1, SENETARY ROAD , KUTCHHI PATIDAR VADI, PETLAD TAL. PETLAD DIST. ANAND vs. INCOME TAX OFFICER, WARD-1(3)(1), PETLAD

In the result, Ground No. 2 of the assessee’s appeal is allowed

Bench: Smt. Annapurna Gupta & Shri Siddhartha Nautiyal

80P(2)(a)(i) be deleted. 2. The Commissioner of Income Tax (Appeals) erred on facts without appreciating the circumstances of the case and in Law in holding that cash deposits of Rs.1,15,97,500/- in the bank account during demonetization period as unexplained cash credit u/s. 68 is wholly illegal, unlawful and against the principles of natural justice

SHRI MAHILA CO. OP. CREDIT SOCIETY LTD.,BOTAD vs. THE ACIT, CIRCLE-1, BHAVNAGAR

In the result, the appeal of the assessee is allowed

section 80P(2)(d) of the Act. Accordingly, the AO disallowed deduction on interest of " 4,68,333/-earned

THE SAHYOG CO.-OP. CREDIT SOCIETY LIMITED.,,DAHOD vs. THE ITO, WARD-1,, DAHOD

In the result, the appeal of the assessee is allowed for statistical purposes

Section 8oP(2)(c) (c) in the case of a co- operative society engaged in activities other than those specified in clause (a) or clause (b) (either independently of, or in addition to, all or any of the activities so specified), so much of its profits and gains attributable to such activities as does not exceed,- (i) where such

SHRI VIR TRANSPORT OPERTORS COPO CREDIT & SERVICE SOCIETY LTD.,DAHOD vs. THE DY. CIT, ANAND CIRCLE, AHMEDABAD

In the result, the appeal of the assessee is partly allowed

80P(2)(a)(i) and section\n80P(2)(d) and for computing income taxable under the head income\nfrom other sources under section 56.\n12. It was argued that the above computation was filed before the\nAssessing Officer as well as the CIT(A), supported by audited accounts,\nand demonstrates that the expenditure was incurred wholly and\nexclusively