THE MULLANPUR GARIBDAS CO-OP MULTIPURPOSE SOCIETY,MOHALI vs. DCIT, C-6(1), MOHALI

Bench: SHRI A.D.JAIN (Vice President), SHRI KRINWANT SAHAY (Accountant Member)

B’ CHANDIGARH BEFORE: SHRI A.D.JAIN, VICE PRESIDENT AND SHRI KRINWANT SAHAY, ACCOUNTANT MEMBER आयकर अपील सं./ ITA No. 515/CHD/2017 & "नधा"रण वष" / A.Y. : 2012-13, 2013-14 The Mullanpur Garibdas Co-operative The PCIT-II, बनाम Multipurpose Society, Mullanpur, Chandigarh. VS Tehsil – Kharar (Mohali). "थायी लेखा सं./PAN /TAN No: AACAT9961G अपीलाथ"/Appellant ""यथ"/Respondent "नधा"रती क" ओर से

THE TIARA CO-OPERATIVE AGRICULTURAL SERVICE SOCIETY LIMITED,KANGRA vs. ITO, DHARAMASHALA

In the result, all the appeals of the assessee are partly

Bench: Ms.Diva Singh & Ms.Annapurna Gupta

gains of business attributable to any one or more of such activities” 10. As is evident from a bare perusal of the above section, income earned by cooperative societies carrying on business of banking or providing credit facilities to its members is entitled to claim deduction under the said section, of income earned from carrying on the aforesaid business activities

THE PUNJAB STATE FEDERATION OF COOPERATIVE HOUSE BUILDING SOCIETIES LTD.,CHANDIGARH vs. ACIT, CHANDIGARH

In the result, both the above appeals of the Assessee are dismissed

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

capital gain. 4 7. Having found every ground covered by binding decisions against the assessee, the Ld. CIT(A) dismissed the appeal in full. 8. Against the order of the Ld. CIT(A) the assessee preferred in appeal before the Tribunal. 9. The assessee has filed an application under section 158A(1) of the Act, mentioning therein that the assessee

THE PUNJAB STATE FEDERATION OF COOPERATIVE HOUSE BUILDING SOCIETIES LTD.,CHANDIGARH vs. DCIT, CHANDIGARH

In the result, both the above appeals of the Assessee are dismissed

Bench: the appeal is finally heard.

capital gain. 4 7. Having found every ground covered by binding decisions against the assessee, the Ld. CIT(A) dismissed the appeal in full. 8. Against the order of the Ld. CIT(A) the assessee preferred in appeal before the Tribunal. 9. The assessee has filed an application under section 158A(1) of the Act, mentioning therein that the assessee

DCIT, CIRCLE, PATIALA vs. M/S PUNJAB STATE POWER CORPORATION LTD., PATIALA

In the result, ground no. 1 & 3 of the Revenue’s appeal is allowed and ground no

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

Capital gains'. Evidently it is not correct because the interest on income-tax refund, being a separate income, does not satisfy either the conditions of section 15 or 45, as the case may be. It, therefore, emerges that the nature of income on which income tax was wrongly collected is not determinative of the nature of interest income which results

PUNJAB STATE COOP. BANK LTD.,CHANDIGARH vs. ACIT, CL-2(1), CHANDIGARH

In the result the impugned order of Ld

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

80P(2)(a)(i) of the Income Tax Act, prior to the amendment in the said section and is a regular assessee with the Income Tax Department through the Assistant Commissioner of Income Tax Circle 2(1) Chandigarh. 3. That the assessee society filed its return for the year under consideration on 30th September 2013 declaring therein

M/S PUNJAB STATE COOPERATIVE FED. OF,CHANDIGARH vs. DCIT,, CHANDIGARH

The appeal stand dismissed

Bench: SHRI RAJPAL YADAV (Vice President), SHRI MANOJ KUMAR AGGARWAL (Accountant Member)

B” BENCH, CHANDIGARH BEFORE HON’BLE SHRI RAJPAL YADAV, VICE PRESIDENT AND HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM आयकरअपील सं. / ITA No.429/CHANDI/2009 (िनधा"रणवष" / Assessment Year: 2002-03) M/s Punjab State Cooperative DCIT, Circle 4(1), Federation of Housing Building Chandigarh. बनाम/ Societies Ltd. Vs. SCO 150-152, Sector 34-A, Chandigarh. "थायीलेखासं./जीआइआरसं./PAN/GIR No. AAAAT