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

section 80P(2)(a)(i) in the pending appeals has been\nchallenged by the assessee for the years under consideration in\nfollowing grounds:\nPage 14 of 48\nITA Nos. 1052 to 1060/Bang/2023\nAppeal No.\n Assessment Year Ground Number\nITA No. 1052/Bang/2023\n2012-13\n2, 5, 6\nITA No. 1054/Bang/2023\n2013-14\n3, 6, 7\nITA No. 1055/Bang/2023\n2014

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

section 80P(2)(a)(i) in the pending appeals has been\nchallenged by the assessee for the years under consideration in\nfollowing grounds:\nPage 14 of 48\nITA Nos. 1052 to 1060/Bang/2023\nAppeal No.\n Assessment Year Ground Number\nITA No. 1052/Bang/2023\n2012-13\n2, 5, 6\nITA No. 1054/Bang/2023\n2013-14\n3, 6, 7\nITA No. 1055/Bang/2023\n2014

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

section 80P(2)(a)(i) in the pending appeals has been\nchallenged by the assessee for the years under consideration in\nfollowing grounds:\n\nPage 14 of 48\n\nITA Nos. 1052 to 1060/Bang/2023\n\nAppeal No.\n\n Assessment Year\n\nGround Number\n\nITA No. 1052/Bang/2023\n2012-13\n2, 5, 6\n\nITA No. 1054/Bang/2023\n2013

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

section 80P(2)(a)(i) in the pending appeals has been\nchallenged by the assessee for the years under consideration in\nfollowing grounds:\nPage 14 of 48\nITA Nos. 1052 to 1060/Bang/2023\nAppeal No.\n Assessment Year Ground Number\nITA No. 1052/Bang/2023\n2012-13\n2, 5, 6\nITA No. 1054/Bang/2023\n2013-14\n3, 6, 7\nITA No. 1055/Bang/2023\n2014

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

section 80P(2)(a)(i) in the pending appeals has been\nchallenged by the assessee for the years under consideration in\nfollowing grounds:\nPage 14 of 48\nITA Nos. 1052 to 1060/Bang/2023\nAppeal No.\n Assessment Year Ground Number\nITA No. 1052/Bang/2023\n2012-13\n2, 5, 6\nITA No. 1054/Bang/2023\n2013-14\n3, 6, 7\nITA No. 1055/Bang/2023\n2014

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

section 80P(2)(a)(i) in the pending appeals has been\nchallenged by the assessee for the years under consideration in\nfollowing grounds:\nPage 14 of 48\nITA Nos. 1052 to 1060/Bang/2023\nAppeal No.\n Assessment Year Ground Number\nITA No. 1052/Bang/2023\n2012-13\n2, 5, 6\nITA No. 1054/Bang/2023\n2013-14\n3, 6, 7\nITA No. 1053/Bang/2023\n2014

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

section 80P(2)(a)(i) in the pending appeals has been\nchallenged by the assessee for the years under consideration in\nfollowing grounds:\nPage 14 of 48\nITA Nos. 1052 to 1060/Bang/2023\nAppeal No.\n Assessment Year\nGround Number\nITA No. 1052/Bang/2023\n2012-13\n2, 5, 6\nITA No. 1054/Bang/2023\n2013-14\n3, 6, 7\nITA No. 1055/Bang/2023\n2014

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

section 80P(2)(a)(i) in the pending appeals has been\nchallenged by the assessee for the years under consideration in\nfollowing grounds:\nPage 14 of 48\nITA Nos. 1052 to 1060/Bang/2023\nAppeal No.\n Assessment Year Ground Number\nITA No. 1052/Bang/2023\n2012-13\n2, 5, 6\nITA No. 1054/Bang/2023\n2013-14\n3, 6, 7\nITA No. 1055/Bang/2023\n2014

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

In the result, appeals of the Revenue are dismissed

House Construction Loans, Property Mortgage Loans and\nVehicle Loans. The Bye-laws of the society is enclosed and marked as\nAnnexure 1.\nb) For the impugned year, the Respondent filed the return of income\nclaiming deduction u/s 80P of the Act.\nc) The learned AO disallowed deduction u/s 80P of the Act as\ntheprinciple of mutuality does not exist between

KRISHNARAJAPET TALUK AGRI PRO CO OP MARKETING SOCIETY,MANDYA vs. PRINCIPAL COMMISSIONER OF INCOME TAX, MYSORE

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

Bench: Shri N.V. Vasudevan & Shri B. R. Baskaranassessment Year : 2015-16 M/S. Krishnarajapet Taluk Agri Pro Co-Op Vs. Pr. Commissioner Of Income Tax, Marketing Society Ltd., Mysore. K. R. Pet, K. R. Pet Taluk, Mandya 571 426. Pan : Aaaak 4566 E Appellant Respondent Assessee By : Shri. Shankar Gowda H, Fca Revenue By : Shri. Sankar Ganesh K, Jcit(Dr)(Itat), Bengaluru. Date Of Hearing : 08.02.2022 Date Of Pronouncement : 08.02.2022 O R D E R Per N. V. Vasudevan: V. Vasudevan

house property amounting to Rs. 1,66,740.00, and Income from other source amounting to Rs. 7,00,160.00 which comprises of 1. Interest received from MDCC 3,91,931.00 Bank 2. Share Dividend received from 2,00,000.00 IFFCO Share 3. Dividend received from 1,07,000.00 KRIBHCO 4. Interest received from 1,229.00 SBI, AXIS Bank & IT Refund

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

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

House Construction Loans, Property Mortgage Loans and Vehicle Loans. The Bye-laws of the society is enclosed and marked as Annexure 1. b) For the impugned year, the Respondent filed the return of income claiming deduction u/s 80P of the Act. c) The learned AO disallowed deduction u/s 80P of the Act as theprinciple of mutuality does not exist between

SIDDHARATHA PATTINA SAHAKARI SANGHA NIYAMITA,BELLARY vs. INCOME TAX OFFICER, WARD-1 & TPS, HOSPET

Bench: Shri Waseem Ahmed & Shri Soundararajan Kassessment Year: 2017-18

2)(a)(i) of the Act in the given facts. 20.1 Regarding the first question, we note that the assessee, a cooperative society registered under the Karnataka Co-operative Societies Act, 1959, is engaged primarily in providing credit facilities to its members and accepting deposits. The authorities below disallowed the entire deduction under section 80P of the Act solely

BHARATH CREDIT CO-OPERATIVE SOCIETY LIMITED ,BANGALORE vs. PR. CIT, BANGALORE -1, BANGALORE

In the result the appeal filed by the assessee is allowed

Bench: Ms. Padmavathy S. & Shri Keshav Dubeyassessmentyear:2020-21

House Property and remaining income earned under head Business & Profession amounting to Rs. 40,23,937/- claimed deduction u/s 80P(2)(a)(i) of the Act. 6) The claim of deduction is duly examined and found that the same is as per provisions of the Act. 7) The case of the assessee falls in the category of providing credit facilities

THE IDEAL HOMES CO-OPERATIVE BUILDING SOCIETY LIMITED,BANGALORE vs. THE DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE3(1)(1), BANGALORE

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

Bench: Shri George George K. & Shri Laxmi Prasad Sahuassessment Year : 2020-21

house property of Rs.1,37,257, loss from business of (-) Rs.87,37,294 and income from other sources of Rs.98,49,424, resultantly net taxable income was declared of Rs.12,49,887 and claimed deduction u/s. 80P(2)(d) of Rs.12,49,887. Accordingly there was a net taxable income of NIL. 3. The return was processed

SHRI. GURULINGESHWAR SOUHARD PATTIN SAHAKARI NIYAMIT SINDAGI,BIJAPUR vs. INCOME TAX OFFICER, WARD-1 & TPS, BIJAPUR

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

Bench: Shri. Laxmi Prasad Sahu & Shri. Keshav Dubeyassessment Year : 2020-21 Ms. Shri Gurulingeshwar Souhard Pattin Sahakari Vs. Dcit - 3(3)(1), Niyamit Sindagi, Hmt Building, 1, Main Road, Bangalore. Sindagi – 586 128,Karnataka. Pan : Aajas 1983 N Appellant Respondent Assessee By : Shri. Veeranna M Murgod, Ca Revenue By : Shri. Subramanian S,Jcit(Dr)(Itat), Bangalore. Date Of Hearing : 07.10.2025 Date Of Pronouncement : 15.10.2025

House Building Co-operative Society Ltd vs ITO W-2 MYSURU in ITA No. 93/2024 order dated 16th Sep 2025 in regard to deduction u/s 80P(2)(d) of the Act 7. Considering the rival submissions and on perusal of entire material available on record and Orders of authorities below, we noted that here the dispute is on 2 issues

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

80P(2)(a)(i) of the Act. Thereafter the case was selected for scrutiny under CASS and the assessing officer had made an addition of Rs. 3,09,103/- being the interest received on savings bank and other incomes and taxed the same under the Page 2 of 8 head income from other sources. In the assessment order

ITO, WARD-6(3)(1), BANGALORE, BANGALORE vs. SAHAKARA NAGAR CREDIT CO-OPERATIVE SOCIETY LIMITED, BANGALORE

Bench: Shri Waseem Ahmed & Shri Soundararajan Kassessment Year: 2017-18

house property. The AO held that the assessee cannot be allowed to compute income as per section 22 of the Act. As such the AO held the receipt covered under section 80P(2

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

property (64,149.00) b) Income from Business 50,04,395.00 c) Income from other sources 38,58,473.00 ---------------- 87,98,719.00 Less: Deduction u/s. 80 C 1,50,000.00 80 TTA 10,000.00 80 IA 50,04,395.00 ---------------- 56,64,395.00 ---------------- 36,34,320.00 ========== Arathi Vinay Patil, Bangalore Page 3 of 14 2.2. The book profit computed