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
ITA 797/CHANDI/2017[2013-14]Status: DisposedITAT Chandigarh19 Jan 2026AY 2013-14
Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)
For Appellant: Shri Atul Goyal, C.A (Virtual Mode)For Respondent: Dr. Ranjit Kaur, Addl. CIT, Sr. DR
Section 57oSection 80PSection 80P(2)(a)
4. The assessee, Punjab State Co-operative House Building Federation Ltd., filed its return of income for AY 2012-13 declaring taxable income of Rs.26,43,040/- after claiming deduction under Chapter VI-A, mainly section 80P, amounting to Rs.8,66,76,909. The assessee is a co-operative society engaged in providing loans to member housing societies and developing
