PUNJAB STATE COOP. BANK LTD.,CHANDIGARH vs. ACIT, CL-2(1), CHANDIGARH
In the result the impugned order of Ld
ITA 293/CHANDI/2023[2013-14]Status: DisposedITAT Chandigarh21 Aug 2024AY 2013-14
Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)
For Appellant: Shri Atul Goyal, C.AFor Respondent: Shri Dharam Vir, JCIT, Sr. DR
Section 143(1)Section 143(2)Section 250Section 253Section 80P(2)(a)
house property. The main business of the assessee society includes lending of money to earn interest thereon from the various banks, institutions, investment in Government securities and other various deposits including investment in bonds and debentures of various societies as well as interest earned on its advances to the various members, member cooperatives including cooperative societies.
5. That while completing