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

INCOMETAX OFFICER, WARD-1(1), TIPTUR vs. SRIUDAYARAVI CREDIT CO-OP, TIPTUR

In the result, appeals of the Revenue are dismissed

Bench: Shri.Laxmi Prasad Sahu & Shri. Keshav Dubey

delay in filing the appeal is condoned. 6. Briefly stated, the facts of the case are that the assessee filed its return of income and claimed deduction under section 80P(2)(a)(i) of the Act. The case was selected for scrutiny and statutory notices were issued to the assessee. From the documents filed, it was noticed that the assessee

M/S. KAJEKAR SEVA SHAKARI BANK ,BANTWAL vs. INCOME TAX OFFICER, WARD-2(1) , MANGALORE

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

Bench: Shri George George K & Shri Waseem Ahmedassessment Year : 2018-19 M/S. Kajekar Seva Sahakari Bank, Vs. Ito, Pandavarakallu, B Kajekar, Ward –2(1), Bantal – 574 233, Karnataka. Mangalore. Pan : Aaaak 2473 Q Appellant Respondent Assessee By : Shri. V. Srinivasan, Advocate Revenue By : Shri. Satish Meriga, Cit(Dr)(Itat), Bengaluru. Date Of Hearing : 09.05.2024 Date Of Pronouncement : 10.05.2024

B Kajekar, Ward –2(1), Bantal – 574 233, Karnataka. Mangalore. PAN : AAAAK 2473 Q APPELLANT RESPONDENT Assessee by : Shri. V. Srinivasan, Advocate Revenue by : Shri. Satish Meriga, CIT(DR)(ITAT), Bengaluru. Date of hearing : 09.05.2024 Date of Pronouncement : 10.05.2024 O R D E R Per George George K, Vice President : This appeal at the instance of the assessee is directed

M/S. THE BHAVASARA KSHATRIYA CO-OPERATIVE SOCIETY LIMITED,MYSURU vs. INCOME TAX OFFICER, WARD-2(1), MYSURU

Bench: Shri Chandra Poojari & Ms. Madhumita Roym/S Bhavasara Kshatriya Co- Operative Society Ltd., 279, Benkinawab Street, Mandi Mohalla, Mysureu-570 001. Pan – Aadat 2458 F Appelant Assessee By : Shri V Srinivasan, Advocate Revenue By : Shri Ganesh R Gale, Standing Counsel For Dept. Date Of Hearing : 03.01.2024 Date Of Pronouncement: 03.01.2024

B of the Act, which requires to be cancelled under the facts and in the circumstances of the appellant's case. 7. For the above and other grounds that may be urged at the time of hearing of the appeal, your appellant humbly prays that the appeal may be allowed and Justice rendered and the appellant may be awarded costs

INCOMETAX OFFICER, WARD-1, TIPTUR vs. SRI UDAYRAVI CREDIT CO-OP, TIPTUR

Bench: Shri.Laxmi Prasad Sahu & Shri. Keshav Dubey

delay in filing the appeal is condoned. 6. Briefly stated, the facts of the case are that the assessee filed its return of income and claimed deduction under section 80P(2)(a)(i) of the Act. The case was selected for scrutiny and statutory notices were issued to the assessee. From the documents filed, it was noticed that the assessee

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

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

Section, the fact remains that the petitioner has substantiated that injustice is being done by not following the Division Bench decision of this Court. Therefore, in order to do substantial justice, this Court exercising the power under Articles 226 and 227 of the Constitution of India can condone the delay as held by the Division Bench of this Court

SHREE REVANASIDDESHWARA PATTINA SAHAKARI SANGH NIYAMIT RAMPUR ,BAGALKOT vs. INCOME TAX OFFICER, WARD-1 & TPS, BAGALKOT

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

Bench: Shri Waseem Ahmedassessment Years: 2019-20

condone the delay in filing the return of income, thereby allowing the benefit of deduction under section 80P(2)(a)(i) of the Act. Accordingly, the learned AR submitted that the assessee, vide letter dated 07/10/2024, had filed a petition under section 119(2)(b

M/S. KACHUR CREDIT CO-OPERATIVE SOCIETY LTD ,KACHUR vs. INCOME-TAX OFFICER, WARD-2(2), MANGALORE

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

Bench: Shri George George Kassessment Year : 2017-18 M/S. Kachur Credit Co-Operative Society Ltd., Vs. Ito, 15-20-1227/6, Ward - 2(2), Lower Ground Floor, Mangalore. Essel Wilcon Below Radha Medicals, Bendorewell, Kankanady, Mangalore – 575 002. Pan : Aaatk 8754 H Appellant Respondent Assessee By : Shri. Kashinath Kalamath, Advocate Revenue By : Shri. Ganesh R Ghale, Advocate, Standing Counsel For Revenue. Date Of Hearing : 21.09.2023 Date Of Pronouncement : 26.09.2023

condone the delay and proceed to dispose off the appeal on merits. Page 2 of 6 3. The solitary issue that is raised is whether CIT(A) is justified in confirming the disallowance of claim under section 80P(2)(a)(i) / 80P(2)(d) of the Act with respect to interest income amounting to Rs.5,07,822/- earned on investments

YADAGERE SOUHARDA CO-OPERATIVE SOCIETY LIMITED., ,CHIKKAMAGALURU vs. INCOME TAX OFFICER, WARD-1, , CHIKKAMAGALURU

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

Bench: Smt. Beena Pillai & Shri Laxmi Prasad Sahuassessment Year : 2018-19

delay in filing the appeal before the Tribunal is condoned. 4. The issues raised in the grounds of appeal are deduction of interest income received from banks u/s. 80P(2)(a)(i) and considering the interest income as income from other sources u/s. 56 of the Act. 5. The brief facts of the case are that assessee filed its return

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

Bench: Shri Prashant Maharishi, Vice – & Shri Sandeep Singh Karhail

B' BENCH : BANGALORE BEFORE SHRI PRASHANT MAHARISHI, VICE – PRESIDENT AND SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER ITA No. 1518/Bang/2025 Assessment Year : 2017-18 M/s. The Karnataka State Regn and Stamps Department Officials Multi-purpose Co-op Society Ltd., No. 13/A, 8th Main Road, 4th Block, Rajajinagar, Bengaluru - 560 010 PAN: AAATT1708N APPELLANT Vs. The Assistant Commissioner of Income Tax, Circle

BANNANJE GRAHAKARA VIVIDHODDESHA SAHAKARA SANGHA LTD., ,UDUPI vs. INCOME TAX OFFICER, WARD-1, & TPS, , UDUPI

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

Bench: Shri George George Kshri Laxmi Prasad Sahuassessment Year : 2016-17

condone the delay of 58 days in filing the present appeal. 6. The brief facts of the case are that the assessee filed return of income on 21/09/2016 declaring gross total income of Rs.30,08,301/- and after claiming deduction u/s 80P(2), the total income was nil. The case was selected for scrutiny under CASS and statutory notices were

M/S. SHIRLAL MILK PRODUCERS CO-OPERATIVE SOCIETY LIMITED,BETHANGADY vs. THE INCOME TAX OFFICER, WARD-1, PUTTUR

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

Bench: Shri Chandra Poojariassessment Year : 2018-19

section 80AC of the Act which are applicable for assessment year 2018-19 and onwards, the assessee is not eligible to claim exemption u/s 80P of the Act. However, there is no dispute that Principal CIT Goa vide order dated 7.2.2021 issued order u/s 119(2)(b) of the Act on 19.2.2021 condoning the delay

SRI SOWRABHA MAHILA PATTINA SAHAKARA SANGHA ,TUMKUR vs. INCOME TAX OFFICER, WARD-1, TIPTUR

The appeals are dismissed, however

Bench: Shri Prashant Maharishi, Vice – & Shri Soundararajan K.Assessment Year : 2019-20

2)(b) to provide a mechanism for condonation of delay. Circular No. 13/2023 and Circular No. 14/2024 where in these circulars authorize Chief Commissioners of Income-tax (CCsIT)/Directors General of Income-tax (DGsIT) to admit and Page 17 of 20 decide applications for condonation of delay in furnishing returns of income claiming Section 80P

SRI PRAJA CO-OPERATIVE CREDIT SOCIETY LIMITED,BANGALORE vs. INCOME-TAX OFFICER, WARD-2(2)(1), BANGALORE

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

Bench: Shri George George K & Shri Laxmi Prasad Sahuassessment Year : 2020-21 M/S. Sri Praja Co-Operative Credit Society Ltd., Vs. Ito, No.1, 3Rd Main Road, Nagappa Block, Ward – 2(2)(1), Sriramapura, Bengaluru. Bengaluru – 560 021. Pan : Aaajs 1557 Q Appellant Respondent Assessee By : Shri. Srinivas Bharath, Ca Revenue By : Shri. Subramanian S, Addl. Cit(Dr)(Itat), Bengaluru. Date Of Hearing : 06.03.2024 Date Of Pronouncement : 06.03.2024

80P of the Act. However, assessee has filed application under section 119(2)(b) of the Act for condonation of delay

FARMERS AGRICULTURE SOCIETY LTD KOPPACREDIT CO OPERATIVE,PERIAPATNA vs. INCOME TAX OFFICER, WARD 1(4), MYSURU

Bench: Shri Narender Kumar Choudhry & Shri Laxmi Prasad Sahu

delay in filing the appeal before the Tribunal is condoned. 4. The sole common issue arising in both the appeals is denial of deduction u/s. 80P(2)(a)(i) of the Act and without prejudice to the same, allowing the proportionate interest paid to the members of the society as well as administrative expenses

FARMERS AGRICULTURE CREDIT CO OPERATIVE SOCIETY LTD KOPPA,PERIAPATNA vs. INCOME TAX OFFICER, MYSURU

Bench: Shri Narender Kumar Choudhry & Shri Laxmi Prasad Sahu

delay in filing the appeal before the Tribunal is condoned. 4. The sole common issue arising in both the appeals is denial of deduction u/s. 80P(2)(a)(i) of the Act and without prejudice to the same, allowing the proportionate interest paid to the members of the society as well as administrative expenses

THE NARAGUND TALUKA PRATHAMIKA SHIKSAK SHIKSAKIYAR CO OP CREDIT S LIMITED ,NARGUND vs. INCOME TAX OFFICER, WARD-1, GADAG

In the result, the appeal filed by the assessee is partly allowed

Bench: Shri Waseem Ahmed & Shri Soundararajan K.Assessment Year : 2018-19

B’ BENCH : BANGALORE BEFORE SHRI WASEEM AHMED, ACCOUNTANT MEMBER AND SHRI SOUNDARARAJAN K., JUDICIAL MEMBER Assessment Year : 2018-19 M/s. The Naragund Taluka Prathamika Shiksa Shiksakiyar The Income Tax Co-op. Credit Society Ltd., Officer, Near bus stand, Ward – 1, Nargund 582 207. Gadag. Karnataka. Vs. PAN: AACAT9998F APPELLANT RESPONDENT Assessee by : Shri Siddesh .N. Gaddi, CA : Shri Ganesh

M/S. YASHA PATTINA SOUHARDA SAHAKARI NI,RAICHUR vs. ITO, WARD-1, , RAICHUR

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

Bench: Shri Chandra Poojariassessment Year: 2019-20

80P of the Act is bad in law. M/s. Yaksh Pattina Souharda Sahakari Ni, Raichur Page 3 of 13 3. At the outset, it is observed that there was a delay of 363 days in filing the appeal before this Tribunal. The CIT(A) order has been served to the assessee on 30.10.2021. As per section