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

E R Per N. V. Vasudevan, Vice President : V. Vasudevan, Vice President This is an appeal filed by the assessee against order of Pr.CIT, Mysore, dated 19.03.2020, passed under section 263 of the Income Tax Act, 1961 (hereinafter called ‘the Act’), in relation to Assessment Year 2015-16. 2. The assessee is an agricultural produce co-operative marketing society

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

THE CHITRADURGA CITY MULTI PURPOSE CO-OP SOCIETY,CHITRADURGA vs. CIT, DAVANGERE

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

Bench: Shri. N. V. Vasudevan & Shri. Abraham P. George

E R PER ABRAHAM P. GEORGE, ACCOUNTANT MEMBER : In this appeal filed by assessee, it assails an order dt.31.12.2013 passed u/s.263 of the Income-tax Act, 1961 (‘the Act’ in short) by the CIT, Davangere, for the assessment year 2010-11. 02. Facts apropos are that assessee a cooperative society had filed its return for the impugned assessment year declaring

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

M/S. RYTHARA SEVA SAHAKARA SANGHA NIYAMITHA,BANGALORE vs. INCOME TAX OFFICER, WARD- 6(2)(5), BANGALORE

Bench: Shri A.K. Garodia & Shri Pavan Kumar Gadalem/S. Rythara Seva Sahakara Sangha Niyamitha, Hesaraghatta, Opp. Bmtc Bus Stop, Hesaraghatta Mainroad, Bangalore-560 088 ….Appellant Pan Aacar1587N Vs. Income Tax Officer, Ward 6(2)(5), Bangalore. ……Respondent.

house property, business income and interest income. The return of income was processed under Section 143(1) of the Act on 2.11.2016. Subsequently, the case was selected for scrutiny under CASS and e-Notice under Section 143(2) and 142(1) of the Act were issued. In compliance, the assessee has furnished copies of computation of income, Balance Sheet, Bank

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

E R PER KESHAV DUBEY, JUDICIAL MEMBER: This appeal at the instance of the assessee is directed against the order of the ld. PCIT, Bengaluru-1 dated 7.3.2025 vide DIN & Order No. ITBA/REV/F/REV5/2024-25/1074194140(1) passed u/s 263 of the Income Tax Act, 1961 (in short “The Act”) for the Assessment Year 2020-21. 2. The assessee has raised the following

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

INCOME TAX OFFICER WARD-1, BAGALKOT vs. SHRI BAPOOJI PATTIN SOUHARD SAHAKARI NIYAMIT , BAGALKOT

Bench: Shri Inturi Rama Rao & Shri Laliet Kumarassessment Year : 2013-14

80P. (1) Where, in the case of an assessee being a co-operative society, the gross total income includes any income referred to in sub-section (2), there shall be deducted, in accordance with and subject to the provisions of this section, the sums specified in sub-section (2), in computing the total income of the assessee. (2) The sums

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

E R Per Laxmi Prasad Sahu, Accountant Member This appeal is filed by the assessee against the DIN & Order No.ITBA/APL/S/250/2023-24/1057528911(1) dated 31.10.2023 of the Addl./Jt.CIT(Appeals)-2, Mumbai, for the AY 2020-21 on the following grounds:- “1. The intimation order u/s 143(1)(a) of the Income Tax Act, 1961 and the order of the Commissioner

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 of Rs. 59,053/- only. The entire gross total income of Rs. 1,76,24,174/- claimed as deduction under section 80P(2)(a)(i) of the Act. 5. In the assessment proceeding, the AO found that the assessee is catering to the different classes of members having different rights with regard to participate in the share profit

M/S KARNATAKA STATE GOVERNMENT HOUSE BUILDING CO-OPERATIVE SOCIETY LTD ,BANGALORE vs. INCOME TAX OFFICER WARD-3(2)(2), BANGALORE

In the result, all the three appeals of the assessee are partly allowed as common grounds of law are raised by the assessee

80P(2)(d). In this regard, the Ld. AR submitted that the assessee is a Housing Cooperative Society and filed return of income for AY 2009-10. Thereafter the AO had issued notice u/s.148 of the Act and in response thereto the assessee filed the return of income declaring nil income after claiming deduction u/s.80P2

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

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

e Act apart from the Income Tax Act, the due date for filing of Income tax returns is 30th of September. 3. The order of Hon'ble CIT(A)- NFAC, Delhi is bad in law and without considering the facts of the case relating to the disallowing the deduction claimed u/s 80P(2)(a)(i) due to late filing

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

Bench: Shri Chandra Poojari & Smt Beena Pillai

section 80P(2)(a)(i) in the pending appeals has been challenged by the assessee for the years under consideration in following grounds: Page 14 of 48 ITA Nos. 1052 to 1060/Bang/2023 Appeal No. Assessment Year Ground Number ITA No. 1052/Bang/2023 2012-13 2, 5, 6 ITA No. 1054/Bang/2023 2013-14 3, 6, 7 ITA No. 1055/Bang/2023 2014-15 2

THE METROPOLITAN CO-OPERATIVE HOUSING SOCIETY LIMITED,BANGALORE vs. DCIT, CPC, BANGALORE

In the result, the ITA No

Housing Society limited who has been working with the team which oversees the accounts departments and Income tax Proceedings. The appellant filed appeals before Hon'ble Income-tax Appellate Tribunal, Bangalore, against the orders passed under section 250 of the Income-tax Act, 1961 for the A.Y 2018-19 and AY 2019-20. 2. For AY 2018-19 the order

ITO, BANGALORE vs. M/S VASAVI CREDIT CO-OPERATIVE SOCIETY LTD.,, BANGALORE

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

Bench: Smt. Asha Vijayaraghavan & Shri Abraham P. Georgeassessment Year : 2010-11

E R Per Asha Vijayaraghavan, Judicial Member This appeal by the Revenue is against the order dated 10.02.2015 of the CIT(Appeals)-2, Bangalore relating to assessment year 2010-11. 2. The assessee, a co-operative society registered under the Karnataka State Co-operative Act, renders financial services to its Page 2 of 7 members. It filed its return

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

property, profits and gains of business or profession, capital gains and income from other sources. Insofar as income under the head 'profits and gains of business or professions' is concerned, provisions thereto are contained in Sections 28 to 44DB of the Act. Section 28 specifies various incomes which shall be chargeable to income tax under this head. Thereafter, Section

WIPRO LIMITED,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-7(1)(1), BANGALORE

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

Bench: Smt. Beena Pillai & Shri Laxmi Prasad Sahu

80P, Doddakannellii, Income-tax, Sarjapur Road, Circle-7(1)(2) Bangalore 560 035 Bangalore. PAN: AAACW 0387R APPELLANT RESPONDENT Appellant by : Shri Sandeep Huilgol, Advocate Respondent by : Dr. Manjunath Karkihallli, CIT(DR)(ITAT), Bengaluru. Date of hearing : 03.04.2023 Date of Pronouncement : 14.06.2023 O R D E R Per Laxmi Prasad Sahu, Accountant Member The appeal filed by the assessee