THE KAREEPPA PANCHAYATH SERVICE CO-OPERATIVE BANK LTD.D,KOLLAM vs. THE ITO, KOLLAM
Appeal is allowed in above terms
ITA 732/COCH/2023[AY-2017-18]Status: DisposedITAT Cochin23 Oct 2024
Bench: Shri Satbeer Singh Godara & Shri Amarjit Singhassessment Year : 2017-18
For Appellant: Ms. Anoopa, AdvocateFor Respondent: Dr. S. Pandian, CIT-DR
Section 2Section 22Section 250Section 40Section 56Section 80PSection 80P(2)(a)Section 80P(4)
iv) Fourthly, sub-clause (2)(a)(i) speaks of a co-operative society
being “engaged in”, inter alia, carrying on the business of
banking or providing credit facilities to its members.
v) Fifthly, the burden is on the assessee to show, by adducing
facts, that it is entitled to claim the deduction under Section 80P.
vi) Sixthly, the expression “providing
