INCOME-TAX OFFICER, WARD-7(2)(1), BENGALURU, BENGALURU vs. M/S. BANGALORE CREDIT CO-OPERATIVE SOCIETY LIMITED, BENGALURU

In the result both the appeals of the Revenue as well as\nCos of the Assessee for the Asst

Va Totgar's Co-operative Sale Society Limited. Sirsi in ITA No. 100066 of\n2016 dated 16.06.2017, wherein it was held that the income by way of interest earned\nfrom deposits and investments of surplus funds does not change its character\nirrespective of whether such interest is earned from the scheduled banks or the co-\noperative banks and thus clause

METAL CLOSURES PVT LTD,BANGALORE vs. ACIT, CIRCLE 4(1)(2), BANGALORE, BANGALORE

In the result, the appeal of the Revenue is treated as allowed for statistical purpose