THE VELIYANAD CO-OPERATIVE SOCIETY LIMITED NO 29,VELIYANAD vs. INCOME TAX OFFICER, CORPORATE WARD 2(1), KOCHI, ERNAKULAM
In the result, the appeal filed by the assessee stands dismissed
ITA 637/COCH/2025[2020-2021]Status: DisposedITAT Cochin06 Nov 2025AY 2020-2021
Bench: Shri Inturi Rama Rao, Am & Shri Manu Kumar Giri, Jm Assessment Year: 2020-21 Veliyanad Co-Operative Society Ltd. .......... Appellant 14A, Arakunnam Veliyanad B.O. Edakkattuavyal, Ernakulam 682303 [Pan: Aacat9073F] Vs. Ito, Corporate Ward (2(1), Kochi ......... Respondent Assessee By: Shri Amaljith P.J., Ca Revenue By: Smt. Leena Lal, Sr. D.R. Date Of Hearing: 03.11.2025 Date Of Pronouncement: 06.11.2025
For Appellant: Shri Amaljith P.J., CAFor Respondent: Smt. Leena Lal, Sr. D.R
Section 139(1)Section 147Section 148Section 148ASection 40Section 80ASection 80P
148A(d) was passed on 25.03.2024. Notice u/s. 148 was issued on 26.03.2024. In response to the notice u/s.
148, the appellant society had filed return of income for AY 2020-
21 on 26.06.2024 declaring Nil income after claiming deduction u/s.
80P of the Act at Rs. 68,70,900/-. Against the said return of income, the assessment was completed
