KEDAMBADI MILK PRODUCERS CO-OPERATIVE WOMEN SOCIETY LIMITED,KEDAMBADI vs. INCOME TAX OFFICER WARD 1 PUTTUR, PUTTUR

In the result appeal of the assessee is dismissed

Bench: Shri Prashant Maharishiassessment Year : 2019-20

delay in furnishing returns of income claiming Section 80P deduction and condonation mechanism applies for Assessment Years 2018-19 to 2023-24 (as extended by Circular No. 14/2024). If such condonation is granted, the Page 12 of 14 belated return is treated as having been furnished within the due date under Section 139(1), thereby making the Section 80P deduction

CHIKKAMUDNOOR MILK PRODUCERS CO-OPERATIVE SOCIETY LIMITED, ,CHIKKAMUDNOOR vs. INCOME TAX OFFICER, WARD-1 , PUTTUR

In the result appeal of the assessee is dismissed

Bench: Shri Prashant Maharishiassessment Year : 2019-20

delay in furnishing returns of income claiming Section 80P deduction and condonation mechanism applies for Assessment Years 2018-19 to 2023-24 (as extended by Circular No. 14/2024). If such condonation is granted, the Page 12 of 14 belated return is treated as having been furnished within the due date under Section 139(1), thereby making the Section 80P deduction

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

delay is condoned;\nand the Appeals & the Cos for both the Asst. years are admitted for\nadjudication.\n\n7. Further, the assessee has filed additional ground in the\ngrounds of cross objection as ground no. 8. During the course of the\nproceedings before us, the 1d. AR of the assessee did not press\nGround No. 7 & additional ground No.8 & pray

THE KARNATAKA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK,BENGALURU vs. INCOME TAX OFFICER, WARD-5(2)(1), BANGALORE

In the result, the appeals filed by the assessee stands partly\nallowed as indicated herinabove

b)Nominal members who are also the assessee's members (D\nClass Members) and which membership is expressly\npermitted by sections 18(1)(a) and 18(2) read with section\n2(f) of the KCS Act, and\n(c)its employees (of some small amounts as staff loans),\nadvanced in the ordinary course, as any business would

THE KARNATAKA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK,BENGALURU vs. INCOME TAX OFFICER, WARD-5(2)(1) , BANGALORE

b) Nominal members who are also the assessee's members (D\nClass Members) and which membership is expressly\npermitted by sections 18(1)(a) and 18(2) read with section\n2(f) of the KCS Act, and\n(c) its employees (of some small amounts as staff loans),\nadvanced in the ordinary course, as any business would

THE KARNATAKA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK,BENGALURU vs. INCOME-TAX OFFICER, WARD-5(2)(1), BANGALORE

In the result, the appeals filed by the assessee stands partly\nallowed as indicated herinabove

b) Nominal members who are also the assessee's members (D\nClass Members) and which membership is expressly\npermitted by sections 18(1)(a) and 18(2) read with section\n2(f) of the KCS Act, and\n(c) its employees (of some small amounts as staff loans),\nadvanced in the ordinary course, as any business would

THE KARNATAKA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK,BENGALURU vs. INCOME TAX OFFICER, WARD-5(2)(1), BANGALORE

In the result, the appeals filed by the assessee stands partly\nallowed as indicated herinabove

b) Nominal members who are also the assessee's members (D\nClass Members) and which membership is expressly\npermitted by sections 18(1)(a) and 18(2) read with section\n2(f) of the KCS Act, and\n(c) its employees (of some small amounts as staff loans),\nadvanced in the ordinary course, as any business would

THE KARNATAKA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK,BENGALURU vs. THE INCOME TAX OFFICER, WARD-5(2)(1), BANGALORE

In the result, the appeals filed by the assessee stands partly\nallowed as indicated herinabove

b)Nominal members who are also the assessee's members (D\nClass Members) and which membership is expressly\npermitted by sections 18(1)(a) and 18(2) read with section\n2(f) of the KCS Act, and\n(c)its employees (of some small amounts as staff loans),\nadvanced in the ordinary course, as any business would

THE KARNATAKA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK ,BENGALURU vs. INCOME-TAX OFFICE, WARD-5(2)(1), BENGALURU

In the result, the appeals filed by the assessee stands partly\nallowed as indicated herinabove

b)Nominal members who are also the assessee's members (D\nClass Members) and which membership is expressly\npermitted by sections 18(1)(a) and 18(2) read with section\n2(f) of the KCS Act, and\n(c)its employees (of some small amounts as staff loans),\nadvanced in the ordinary course, as any business would

THE KARNATAKA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK,BENGALURU vs. INCOME TAX OFFICER, WARD-5(2)(1), BANGALORE

In the result, the appeals filed by the assessee stands partly\nallowed as indicated herinabove

b) Nominal members who are also the assessee's members (D\nClass Members) and which membership is expressly\npermitted by sections 18(1)(a) and 18(2) read with section\n2(f) of the KCS Act, and\n(c) its employees (of some small amounts as staff loans),\nadvanced in the ordinary course, as any business would

THE KARNATAKA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK,BENGALURU vs. INCOME TAX OFFICER, WARD-5(2)(1), BANGALORE

In the result, the appeals filed by the assessee stands partly\nallowed as indicated herinabove

b) Nominal members who are also the assessee's members (D\nClass Members) and which membership is expressly\npermitted by sections 18(1)(a) and 18(2) read with section\n2(f) of the KCS Act, and\n(c) its employees (of some small amounts as staff loans),\nadvanced in the ordinary course, as any business would

THE KARNATAKA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK,BENGALURU vs. INCOME TAX OFFICER, WARD- 5(2)(1), BANGALORE

In the result, the appeals filed by the assessee stands partly\nallowed as indicated herinabove

b)Nominal members who are also the assessee's members (D\nClass Members) and which membership is expressly\npermitted by sections 18(1)(a) and 18(2) read with section\n2(f) of the KCS Act, and\n(c)its employees (of some small amounts as staff loans),\nadvanced in the ordinary course, as any business would

ARATHI VINAY PATIL ,BANGALORE vs. INCOME TAX OFFICER, WARD-4(3)(4), BENGALURU

In the result, appeal of the assessee is allowed

Bench: Shri Chandra Poojari & Shri Keshav Dubeyassessment Year: 2019-20

condoned and the deduction as claimed by the appellant is to be granted to the appellant. 6. The appellant denies the liability to pay Interest u/s 234A&234B, 234C and 234F of the Act. The interest having been levied erroneously is to be deleted. 7. In view of the above and on other grounds to be adduced at the time

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

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

delay is condoned; and the Appeals & the Cos for both the Asst. years are admitted for adjudication. 7. Further, the assessee has filed additional ground in the grounds of cross objection as ground no.8. During the course of the ITA Nos.2347 & 2348/Bang/2024 & CO Nos.4 & 5/Bang/2025 M/s. Bangalore Credit Co-operative Society Ltd., Bangalore Page 11 of 44 proceedings before

THE KARNATAKA STATE REGN AND STAMPS DEPARTMENT OFFICIALS MULTI-PURPOSE CO-OP SOCIETY LIMITED ,BENGALURU vs. ACIT, CIRCLE-2(1)(1), BENGALURU

In the result, Appeal filed by the Assessee is allowed

B' BENCH : BANGALORE\n\nBEFORE SHRI PRASHANT MAHARISHI, VICE – PRESIDENT\nAND\nSHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER\n\nITA No. 1518/Bang/2025\n Assessment Year : 2017-18\n\nM/s. The Karnataka State\nRegn and Stamps Department\nOfficials Multi-purpose Co-op\nSociety Ltd.,\nNo. 13/A, 8th Main Road,\n4th Block, Rajajinagar,\nBengaluru - 560 010\nPAN: AAATT1708N\nAPPELLANT\nVs.\nThe Assistant Commissioner

M/S. TATA ELXSI LIMITED., ,BANGALORE vs. DEPUTY COMMISSIONER INCOME TAX, CIRCLE-7(1)(1), BANGALORE

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

Bench: Shri George George K. & Shri Chandra Poojari

Delay condoned. 2. In all these appeals issue relates to the interpretation that is to be accorded to the provisions of Section 80HH of the Income Tax Act, 1961 (hereinafter referred to as the 'Act'). Section 80HH and other related provisions, as it existed at the relevant time, are to be taken note of since we are concerned with

TATA ELXSI LIMITED ,BANGALORE vs. DEPUTY COMMISIONER INCOMER TAX, CIRCLE-7(1)(1), BANGALORE

Accordingly, the appeal filed by the assessee is partly allowed for statistical purposes

Bench: Shri Narender Kumar Choudhry & Shri Laxmi Prasad Sahuassessment Year : 2018-19 M/S. Tata Elxsi Ltd., The Deputy 126, Itpb Road, Commissioner Hoody, Of Income Tax, Whitefield, Circle – 7(1)(1), Bangalore – 560 048. Bangalore. Vs. Pan: Aaact7872Q Appellant Respondent

Delay condoned. 2. In all these appeals issue relates to the interpretation that is to be accorded to the provisions of Section 80HH of the Income Tax Act, 1961 (hereinafter referred to as the 'Act'). Section 80HH and other related provisions, as it existed at the relevant time, are to be taken note of since we are concerned with

M/S. PRATHAMIKA KRUSHI PATTINA SAHAKARA NIYAMITA,HAGARIBOMMANAHALLI vs. THE PRINCIPAL COMMISSIONER OF INCOME TAX, KALABURGI

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

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

condone the delay in filing this appeal and proceed to dispose of this appeal on merits. 2 M/s.Prathamika Krushi Pattina Sahakara Niyamita. 3. The grounds raised read as follows: “1. The impugned order u/s 263, dated 13.03.2019 is opposed to the facts of the case and the law, as it is passed in haste violating the principles of natural justice