M/S THURAYUR SERVICE CO -OP BANK LTD,KOZHIKODE vs. THE ITO WARD 2(1), KOZHIKODE

In the result, the appeals filed by the appellant are allowed and the order(s) of the Kerala High Court and other authorities to the contrary are set aside

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

viii) Eighthly, sub-clause (d) states that where interest or dividend income is derived by a co-operative society from investments with other co-operative societies, the whole of such income is eligible for deduction, the object of the provision being furtherance of the co- operative movement as a whole. 14.4. In paragraph 42 of Mavilayi Service Co-operative Bank

M/S CHIRAYINKEEZHU SERVICE CO-OPERATIVE BANK,CHIRAYINKEEZHU vs. ITO, WARD-2(5), TRIVANDRUM

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

viii) Eighthly, sub-clause (d) states that where interest or dividend income is derived by a co-operative society from 8 ITA.No.913 & SA.No.202/COCH./2023 investments with other co-operative societies, the whole of such income is eligible for deduction, the object of the provision being furtherance of the co-operative movement as a whole. 14.4. In paragraph

M/S KOTTAYAM SERVICE CO-OP BANK LTD,KANNUR vs. ITO WARD 2, KANNUR

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

viii) Eighthly, sub-clause (d) states that where interest or dividend income is derived by a co-operative society from investments with other co-operative societies, the whole of such income is eligible for Kottayam SCB Ltd. deduction, the object of the provision being furtherance of the co- operative movement as a whole. 14.4. In paragraph 42 of Mavilayi Service

M/S KOTTAYAM SERVICE CO-OP BANK LTD,KANNUR vs. ITO WARD 2, KANNUR

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

viii) Eighthly, sub-clause (d) states that where interest or dividend income is derived by a co-operative society from investments with other co-operative societies, the whole of such income is eligible for Kottayam SCB Ltd. deduction, the object of the provision being furtherance of the co- operative movement as a whole. 14.4. In paragraph 42 of Mavilayi Service

VILAVATTAM SERVICE CO-OP BANK LTD NO 337,THRISSUR vs. ITO WARD 2(3), THRISSUR

In the result, the appeals filed by the appellant are allowed and the order(s) of the Kerala High Court and other authorities to the contrary are set aside

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

viii) Eighthly, sub-clause (d) states that where interest or dividend income is derived by a co-operative society from investments with other co-operative societies, the whole of such income is eligible Vilvattam Service Co-op. Bank Ltd. for deduction, the object of the provision being furtherance of the co-operative movement as a whole. 14.4. In paragraph

VILAVATTAM SERVICE CO-OP BANK LTD NO 337,THRISSUR vs. ITO WARD 2(3), THRISSUR

In the result, the appeals filed by the appellant are allowed and the order(s) of the Kerala High Court and other authorities to the contrary are set aside

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

viii) Eighthly, sub-clause (d) states that where interest or dividend income is derived by a co-operative society from investments with other co-operative societies, the whole of such income is eligible Vilvattam Service Co-op. Bank Ltd. for deduction, the object of the provision being furtherance of the co-operative movement as a whole. 14.4. In paragraph

M/S.JANATHA TRADING CORPORATION,ERNAKULAM vs. THE ACIT, ALUVA

In the result, the appeals filed by the assessee are partly allowed for statistical purposes

Bench: S/Shri Chandra Poojari, Am & George George K., Jm I.T.A. Nos.303/Coch/2014 & 128/ Coch/2016 Assessment Year : 2008-09 & 2010-11 M/S. Janatha Trading Vs. The Deputy Commissioner Of Corporation, Market Road, Income-Tax, Circle-1, Aluva. Aluva. [Pan: Aabfj 8478K]

2 & 128/Coch/2016 it. In our opinion, there is good and sufficient reason for condoning the short delay of 145 days. Accordingly, we condone the delay and the appeal is taken up for adjudication. 3. The grounds raised are as follows: ”Janatha Trading Corporation, Aluva is a partnership firm files all income tax returns in time and also for the assessment

JANATHA TRADING CORPORATION,ALUVA vs. THE DCIT, ALUVA

In the result, the appeals filed by the assessee are partly allowed for statistical purposes

Bench: S/Shri Chandra Poojari, Am & George George K., Jm I.T.A. Nos.303/Coch/2014 & 128/ Coch/2016 Assessment Year : 2008-09 & 2010-11 M/S. Janatha Trading Vs. The Deputy Commissioner Of Corporation, Market Road, Income-Tax, Circle-1, Aluva. Aluva. [Pan: Aabfj 8478K]

2 & 128/Coch/2016 it. In our opinion, there is good and sufficient reason for condoning the short delay of 145 days. Accordingly, we condone the delay and the appeal is taken up for adjudication. 3. The grounds raised are as follows: ”Janatha Trading Corporation, Aluva is a partnership firm files all income tax returns in time and also for the assessment

ACIT,CIRCLE-1(1), TRIVANDRUM vs. KERALA STATE INDUSTRIAL DEVELOPMENT CORP. LTD, TRIVANDRUM

In the result, the appeal filed by the Revenue is dismissed

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

condone the delay of 02 days in filing the appeal and admit the appeal for adjudication. 3. The Revenue has raised the following grounds of appeal: 1. The Ld. Commissioner of Income-tax (Appeals), Thiruvananthapuram erred in relying on the decision of jurisdictional Tribunal's order in assessee's own case for A Y 2008-09 and in deleting