M/S. AKSHAYA SOUHARDA CREDIT CO-OPERATIVE LIMITED,CHIKKABALLAPUR vs. INCOME TAX OFFICER, WARD- 1, CHIKKABALLAPUR

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

Bench: Shri Chandra Poojari

u/s 80P will be due to mere change of opinion. It has been held in the following decisions that even if the reassessment is in accordance with the proviso to section 147

M/S. ING VYSYA BANK EMPLOYEES CO-OPERATIVE SOCIETY LIMITED PRESENTLY KNOWN AS M/S. KOTAK MAHINDRA BANK EMPLOYEES CO-OPEATIVE SOCIETY LIMITED ,BENGALURU vs. INCOME TAX OFFICER, WARD-5(2)(1), BENGALURU

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

Bench: Shri Prashant Maharishiassessment Year : 2011-12

reassessment order passed u/s. 143(3) r.w.s. 147 of the Income-tax Act, 1961 [the Act] dated 27.12.2018 was dismissed. Page 2 of 6 2. The assessee has raised the following grounds of appeal :- “1. The orders of the authorities below in so far as they are against the appellant are opposed to law, equity, weight of evidence, probabilities, facts

KANAKA CREDIT CO OPERATIVE SOCIETY LIMITED ,CHITRADURGA vs. INCOME TAX OFFICER, WARD-3, , DAVANGERE

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

Bench: Shri Laxmi Prasad Sahu & Shri Keshav Dubeyassessment Year : 2014-15

section 80P(2) should be considered while granting deduction. 7. Considering the rival submissions we note that the assessee filed appeal before the First Appellate Authority (FAA) against the reassessment order passed by the AO u/s. 143(3) r.w.s. 147

ITO WARD 1 TPS VIJAYAPUR, VIJAYAPUR vs. PRATHAMIK KRUSHI PATTIN SAHAKARI SANGH NIYAMIT SARWAD, SARWAD

In the result, all the 3 appeals filed by the Revenue are allowed for statistical purposes

Bench: Shri Prashant Maharishi & Shri Soundararajan K.

147 r.w.s. 144B of ITA Nos.1138, 1139 & 1299/Bang/2025 Page 2 of 6 the Income Tax Act, 1961 [the Act] , were allowed. Therefore the ld. AO is in appeals before us. 2. The facts for AY 2016-17 show that assessee did not file any return of income and therefore the case of the assessee was a non-filer as there

ITO WARD 1 TPS VIJAYAPUR, VIJAYAPUR vs. PRATHAMIK KRUSHI PATTIN SAHAKARI SANGH NIYAMIT SARWAD , SARWAD

In the result, all the 3 appeals filed by the Revenue are allowed for statistical purposes

Bench: Shri Prashant Maharishi & Shri Soundararajan K.

147 r.w.s. 144B of ITA Nos.1138, 1139 & 1299/Bang/2025 Page 2 of 6 the Income Tax Act, 1961 [the Act] , were allowed. Therefore the ld. AO is in appeals before us. 2. The facts for AY 2016-17 show that assessee did not file any return of income and therefore the case of the assessee was a non-filer as there

INCOME TAX OFFICER WARD 1 TPS VIJAYAPUR , VIJAYAPUR vs. PRATHAMIK KRUSHI PATTIN SAHAKARI SANGH NIYAMIT SARWAD , SARWAD

In the result, all the 3 appeals filed by the Revenue are allowed for statistical purposes

Bench: Shri Prashant Maharishi & Shri Soundararajan K.

147 r.w.s. 144B of ITA Nos.1138, 1139 & 1299/Bang/2025 Page 2 of 6 the Income Tax Act, 1961 [the Act] , were allowed. Therefore the ld. AO is in appeals before us. 2. The facts for AY 2016-17 show that assessee did not file any return of income and therefore the case of the assessee was a non-filer as there

CANARA BANK,BENGALURU vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1), BANGALORE, BENGALURU

Bench: SHRI WASEEM AHMED, ACCOUNTANT MEMBER\nAND\nSHRI KESHAV DUBEY, JUDICIAL MEMBER\nITA No.210/Bang/2024\nAssessment Year: 2017-18\nM/s Canara Bank\nFM wing, Head Office,\n112, J.C. Road\nBangalore 560002\nVs.\nDCIT\nCircle-2(1)(1)\nBangalore\nPAN NO : AAACC6106G\nAPPELLANT\nRESPONDENT\nITA No.222/Bang/2024\nAssessment Year: 2017-18\nDCIT\nCircle-2(1)(1)\nBangalore\nVs.\nM/s Canara Bank\nFM wing, Head Office,\n112, J.C. Road\nBangalore 560 002\nAPPELLANT\nRESPONDENT\nITA No.1154/Bang/2023\nAsses

reassess under Section 147 or pass an order\nenhancing the assessment or reducing a refund already made or\notherwise increasing the liability of the assessee under Section 154, for\nany assessment year beginning on or before the 1st day of April 2001.\n9. From perusal of Section 14A of the Act, it is evident that for the\npurposes of computing

SURABHI SOUHARDA CREDIT CO-OPERATIVE LIMITED ,BANGALORE vs. INCOME TAX OFFICER WARD-7(2)(5), BANGALORE

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

Bench: Shri N.V. Vasudevan & Shri Jason P. Boazassessment Year : 2014-15

u/s. 80P. Since the assessee is not entitled for the above exemption, the same has been excessively claimed by the assessee. Therefore, I have reasons to believe that an amount of Rs. 1,53,81,509/- Lakhs which should have been offered to tax, has escaped assessment. Hence, I propose to re-open the assessment by invoking the provisions

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1), BENGALURU, BENGALURU vs. CANARA BANK, BENGALURU

In the result, appeal of the revenue in ITA No

Bench: Shri Waseem Ahmed & Shri Keshav Dubeyassessmentyear: 2017-18

reassess under Section 147 or pass an order enhancing the assessment or reducing a refund already made or otherwise increasing the liability of the assessee under Section 154, for any assessment year beginning on or before the 1st day of April 2001. 9. From perusal of Section 14A of the Act, it is evident that for the purposes of computing

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1), BENGALURU, BENGALURU vs. CANARA BANK, BENGALURU

Bench: SHRI WASEEM AHMED, ACCOUNTANT MEMBER\nAND\nSHRI KESHAV DUBEY, JUDICIAL MEMBER\nITA No.210/Bang/2024\nAssessmentYear: 2017-18\nM/s Canara Bank\nFM wing, Head Office,\n112, J.C. Road\nBangalore 560002\nPAN NO: AAACC6106G\nVs.\nDCIT\nCircle-2(1)(1)\nBangalore\nAPPELLANT\nRESPONDENT\nITA No.222/Bang/2024\nAssessmentYear: 2017-18\nDCIT\nCircle-2(1)(1)\nBangalore\nVs.\nM/s Canara Bank\nFM wing, Head Office,\n112, J.C. Road\nBangalore 560 002\nAPPELLANT\nRESPONDENT\nITA No.1154/Bang/2023\nAssessme

reassess under Section 147 or pass an order\nenhancing the assessment or reducing a refund already made or\notherwise increasing the liability of the assessee under Section 154, for\nany assessment year beginning on or before the 1st day of April 2001.\n9. From perusal of Section 14A of the Act, it is evident that for the\npurposes of computing