THE KUNDARA PANCHAYATH SERVICE COOPERATIVE BANK LTD,KOLLAM vs. INCOME TAX OFFICER, WARD-4, KOLLAM

In the result, appeals filed by the assessee are allowed

Bench: Shri Inturi Rama Rao & Shri Keshav Dubey

2. The Commissioner (Appeals) is not justified in treating the interest received from cooperative banks as income from other sources and disallowing the claim u/s 8OP. The Commissioner (Appeals) should have appreciated that the appellant is a PrimaryAgricultural CreditSociety engaged in the business ofaccepting deposits from members and providing loans to members. The Commissioner (Appeals) was bound by the decision

EDAVILANGU SERVICE CO-OPERATIVE BANK NO 3468,THRISSUR vs. ITO, WARD-2(1), THRISSUR

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

Bench: Shri Inturi Rama Rao & Shri Soundararajan K.

E. Section 80P(2(d) of the Income Tax Act provides for deduction in respect of any income by way of interest or dividend derived by a cooperative society from its investment in another cooperative society. In the instant case, the interest is derived for deposits maintained with District Cooperative Bank and the interest income received from the above bank

EDAVILANGU SERVICE CO-OPERATIVE BANK LTD NO 3468,THRISSUR vs. ITO, WARD-2(1), THRISSUR

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

Bench: Shri Inturi Rama Rao & Shri Soundararajan K.

E. Section 80P(2(d) of the Income Tax Act provides for deduction in respect of any income by way of interest or dividend derived by a cooperative society from its investment in another cooperative society. In the instant case, the interest is derived for deposits maintained with District Cooperative Bank and the interest income received from the above bank

VADAKKEVILA SERVICE CO-OPERATIVE BANK LTD,KOLLAM vs. THE ITO, KOLLAM

Appeal is allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

E R Per Bench : This assessee’s appeal ITA No.478/Coch/2023 for assessment year 2017-2018 arises against the CIT(A)/NFAC’s DIN & Order No.ITBA/NFAC/S/250/2023-24/1052839236(1) dated 15.05.2023, in the proceedings u/s.143(3) of the Income-tax Act, 1961; in short “the Act” hereinafter. Heard both the parties. Case file perused. 2. The assessee pleads following substantive grounds

CLAPPANA SERVICE CO-OPERATIVE BANK ALTD.,KARUNAGAPPALLY vs. ITO, WARD 1&TPS, ALAPPUZHA

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 Singhassessment Year: 2017-2018 M/S. Clappana Service Co-Operative The Income Tax Officer Bank Limited No.867 V. Ward 1, Alappuzha. Cp/Viii/410 & 411, Clappana Po Karunagappally, Kollam – 690 525 Pan : Aabac2747A. (Appellant) (Respondent) Appellant By : Shri Rajakannan, Advocate Respondent By : Smt. V. Swarnalatha, Sr. D.R. Date Of Pronouncement : 25.09.2024 Date Of Hearing : 12.08.2024 O R D E R Per Bench : This Assessee’S Appeal For A.Y. 2017-18 Arises Against The National Faceless Appeal Centre, Delhi [Cit(A)]’S Din & Order No. Itba/ Nfac/S/250/2023-24/1055921666(1) Dated 11.09.2023, Passed U/S. 250 Of The Income Tax Act, 1961 (The Act).

E R Per Bench : This assessee’s appeal for A.Y. 2017-18 arises against the National Faceless Appeal Centre, Delhi [CIT(A)]’s DIN & Order No. ITBA/ NFAC/S/250/2023-24/1055921666(1) dated 11.09.2023, passed u/s. 250 of the Income Tax Act, 1961 (the Act). Heard both the parties at length. Case file perused. 2. Suffice to say, we find during the course

KARASSERY SERVICE CO-OP BANK LTD,MUKKAM vs. THE ITO WARD 2(3), KOZHIKODE

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

E R Per Bench : These assessee’s three appeals ITA Nos.290 to 292/Coch/2023 arise against the orders of the National Faceless Appeal Centre, Delhi [CIT(A)] in proceedings u/s. 250 of the Income Tax Act, 1961 (the Act) as below: - Sr. ITA No. AY DIN & Order No. Date No. 1 290/Coch/2023 2007-08 ITBA/NFAC/S/250/2022- 27.03.2023 23/1051368456(1) 2 291/Coch/2023

KARASSERY SERVICE CO-OP BANK LTD,MUKKAM vs. THE ITO WARD 2(3), KOZHIKODE

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

E R Per Bench : These assessee’s three appeals ITA Nos.290 to 292/Coch/2023 arise against the orders of the National Faceless Appeal Centre, Delhi [CIT(A)] in proceedings u/s. 250 of the Income Tax Act, 1961 (the Act) as below: - Sr. ITA No. AY DIN & Order No. Date No. 1 290/Coch/2023 2007-08 ITBA/NFAC/S/250/2022- 27.03.2023 23/1051368456(1) 2 291/Coch/2023

KARASSERY SERVICE CO-OP BANK LTD,MUKKAM vs. THE ITO WARD 2(3), KOZHIKODE

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

E R Per Bench : These assessee’s three appeals ITA Nos.290 to 292/Coch/2023 arise against the orders of the National Faceless Appeal Centre, Delhi [CIT(A)] in proceedings u/s. 250 of the Income Tax Act, 1961 (the Act) as below: - Sr. ITA No. AY DIN & Order No. Date No. 1 290/Coch/2023 2007-08 ITBA/NFAC/S/250/2022- 27.03.2023 23/1051368456(1) 2 291/Coch/2023

THE KADANAD SERVICE CO-OPERATIVE BANK LTD,KOTTAYAM vs. ITO, WARD-2, KOTTAYAM

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

E R Per Bench : These assessee’s three appeals arise against the National Faceless Appeal Centre, Delhi [CIT(A)]’s orders as below in proceedings u/s. 250 of the Income Tax Act, 1961 (the Act): - Sr. ITA No. AY DIN & Order No. Date No. 1 842/Coch/2023 2017-18 ITBA/NFAC/S/250/2023- 10.10.2023 24/1056918954(1) 2 843/Coch/2023 2018-19 ITBA/NFAC/S/250/2023- 10.10.2023 24/1056919408

THE KADANAD SERVICE CO-OPERATIVE BANK,KOLLAPPALLY vs. ITO, NATIONAL E ASSESSMENT CENTER, KOTTAYAM

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

E R Per Bench : These assessee’s three appeals arise against the National Faceless Appeal Centre, Delhi [CIT(A)]’s orders as below in proceedings u/s. 250 of the Income Tax Act, 1961 (the Act): - Sr. ITA No. AY DIN & Order No. Date No. 1 842/Coch/2023 2017-18 ITBA/NFAC/S/250/2023- 10.10.2023 24/1056918954(1) 2 843/Coch/2023 2018-19 ITBA/NFAC/S/250/2023- 10.10.2023 24/1056919408

THE KADANAD SERVICE CO-OPERATIVE BANK LTD,KOTTAYAM vs. ITO, NATIONAL E-ASSESSMENT CENTER, DELHI, KOTTAYAM

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

E R Per Bench : These assessee’s three appeals arise against the National Faceless Appeal Centre, Delhi [CIT(A)]’s orders as below in proceedings u/s. 250 of the Income Tax Act, 1961 (the Act): - Sr. ITA No. AY DIN & Order No. Date No. 1 842/Coch/2023 2017-18 ITBA/NFAC/S/250/2023- 10.10.2023 24/1056918954(1) 2 843/Coch/2023 2018-19 ITBA/NFAC/S/250/2023- 10.10.2023 24/1056919408

KANNUR TOWN SERVICE CO-OP BANK,KANNUR vs. ITO WARD 1, KANNUR

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 Singhkannur Town Service Co-Op. The Income Tax Officer-1 Bank Ltd. Aayakar Bhavan Vs. Kannur 670002 Kannothumchal [Pan: Aabak8385N] Kannur 670006 (Appellant) (Respondent)

E R Per Bench This assessee’s appeal for A.Y. 2014-15 arises against the National Faceless Appeal Centre, Delhi [CIT(A)]’s DIN & Order No. ITBA/ NFAC/S/250/2022- 23/1048024627(1) dated 15.12.2022 in proceedings u/s. 250 of the Income Tax Act, 1961 (the Act). Heard both parties. Case file perused. 2. Suffice to say that we find during the course

M/S.PUTHIYANGADI SERVICE CO-OP BANK,CALICUT vs. THE ITO WARD 1(3), CALICUT

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 Singhassessment Year: 2017-18 M/S. Puthiyangadi Service Co- The Income Tax Officer Operative Bank Limited No.F1421 V. Ward 1(3), Alappuzha. Puthiyangadi Kozhikode – 673 021 Pan : Aacap0749C. (Appellant) (Respondent)

E R Per Bench : This assessee’s appeal for A.Y. 2017-18 arises against the National Faceless Appeal Centre, Delhi [CIT(A)]’s DIN & Order No. ITBA/ NFAC/S/250/2022-23/1048275081(1) dated 27.12.2022 in proceedings u/s. 250 of the Income Tax Act, 1961 (the Act). Case called twice. None appears at assessee’s behest. It is accordingly proceeded ex-parte. 2. Suffice

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

E R Per Bench : These assessee’s twin appeals ITA No.195 & 196/Coch/2023, for assessment years 2014-15 & 2015-16, arise against the National Faceless Appeal Centre, Delhi [CIT(A)]’s as many DIN & Order Nos. ITBA/ NFAC/S/250/2022-23/1048007265(1) & 1048007182(1), both dated 14.12.2022, passed u/s. 143(3) of the Income Tax Act, 1961 (the Act). Cases called twice. None appears

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

E R Per Bench : These assessee’s twin appeals ITA No.195 & 196/Coch/2023, for assessment years 2014-15 & 2015-16, arise against the National Faceless Appeal Centre, Delhi [CIT(A)]’s as many DIN & Order Nos. ITBA/ NFAC/S/250/2022-23/1048007265(1) & 1048007182(1), both dated 14.12.2022, passed u/s. 143(3) of the Income Tax Act, 1961 (the Act). Cases called twice. None appears

TAVINJAL SERVICE CO-OP BANK LTD,WAYANAD vs. THE ITO WARD 1, WAYANAD

Appeal of the assessee is allowed for statistical purposes in above terms

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singhthavinjal Service Co-Op. Bank Ltd. The Income Tax Officer Thalapuzha P.O. Ward - 1(4), Kalpetyta Vs Wayanad 670664 Wayanad 673122 [Pan: Aadat2035N] (Appellant) (Respondent)

E R Per: Satbeer Singh Godara, J.M. : This assessee’s appeal for A.Y. 2010-11 arises against the National Faceless Appeal Centre, Delhi [CIT(A)]’s DIN & Order No. ITBA/NFAC/S/250/ 2022-23/1050587466(1) dated 10.03.2023, in proceedings u/s. 144 of the Income Tax Act, 1961 (hereinafter "the Act"). Case called twice. None appears at assessee’s behest

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

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

E R Per Bench : These assessee’s twin appeals ITA No. 36 & 37/Coch/2023 for assessment years 2007-08 & 2009-10, arise against the CIT(A), Kozhikode’s common order dated 02.02.2015, passed in case Nos. ITA- 117/KNR/CIT/CLT/2013-14/ITA-118/KNR/CIT/CLT/2013-14 and ITA- 235/KNR/CIT/CLT/2011-12 involving in proceeding u/s. 250 of the Income Tax Act, 1961 (the Act) . Heard both the parties. Case files perused

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

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

E R Per Bench : These assessee’s twin appeals ITA No. 36 & 37/Coch/2023 for assessment years 2007-08 & 2009-10, arise against the CIT(A), Kozhikode’s common order dated 02.02.2015, passed in case Nos. ITA- 117/KNR/CIT/CLT/2013-14/ITA-118/KNR/CIT/CLT/2013-14 and ITA- 235/KNR/CIT/CLT/2011-12 involving in proceeding u/s. 250 of the Income Tax Act, 1961 (the Act) . Heard both the parties. Case files perused