DURGAMATHA HOUSE BUILDING CONSTRUCTION CO OPERATIVE HOUSING SOCIETY LIMITED,HYDERABAD vs. INCOME TAX OFFICER, WARD-11(1), HYDERABAD

In the result, the appeal of the assessee is dismissed

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdiaassessment Year: 2020-21 Durgamatha House Building Vs. The Income Tax Officer, Ward-11(1), Construction Co-Operative Hyderabad. Housing Society Limited, Hyderabad. Pan : Aacad6852C (Appellant) (Respondent) Assessee By: Shri T. Chaitanya Kumar, Advocate Revenue By: Ms. Kavitha Rani, Sr-Dr Date Of Hearing: 03.12.2024 Date Of Pronouncement: 10.12.2024

E R PER MADHUSUDAN SAWDIA, A.M: This appeal is filed by Durgamatha House Building Construction Co-operative Housing Society Limited, Hyderabad (“the assessee”), feeling aggrieved by the order of Commissioner Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi (“Ld.CIT(A)”) dated 28.04.2024 for A.Y. 2020-21. 2 2. The grounds raised by the assessee read as under

ASST. COMMISSIONER OF INCOME TAX, CIRCLE-9(1), HYDERABAD vs. THE ADVOCATES MUTUALLY AIDED CO-OPERATIVE SOCIETY LIMITED , HYDERABAD

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahusl.No.

E R PER L.P. SAHU, A.M.: These appeal filed by the Assessee as well as Revenue are directed against CIT(A) – 7, Hyderabad’s separate orders, dated 21/02/2019 for AY 2011-12 & 2014-15 involving proceedings u/s 143(3) rws 147of the Income Tax :- 2 -: ITA No. 667/Hyd/2019 and others The Advocates Mutually Aided Coop Society

THE ADVOCATE MUTUALLY AIDED CO-OPERATIVE SOCIETY LIMITED ,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CIRCLE-9(1), HYDERABAD

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahusl.No.

E R PER L.P. SAHU, A.M.: These appeal filed by the Assessee as well as Revenue are directed against CIT(A) – 7, Hyderabad’s separate orders, dated 21/02/2019 for AY 2011-12 & 2014-15 involving proceedings u/s 143(3) rws 147of the Income Tax :- 2 -: ITA No. 667/Hyd/2019 and others The Advocates Mutually Aided Coop Society

THE ADVOCATE MUTUALLY AIDED CO-OPERATIVE SOCIETY LIMITED,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CIRCLE-9(1), HYDERABAD

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahusl.No.

E R PER L.P. SAHU, A.M.: These appeal filed by the Assessee as well as Revenue are directed against CIT(A) – 7, Hyderabad’s separate orders, dated 21/02/2019 for AY 2011-12 & 2014-15 involving proceedings u/s 143(3) rws 147of the Income Tax :- 2 -: ITA No. 667/Hyd/2019 and others The Advocates Mutually Aided Coop Society

CO-OPERATIVE ELECTRIC SUPPLY SOCIETY LTD.,,SIRICILLA vs. DCIT., CIRCLE-1, KARIMNAGAR

Bench: Us:

disallowed the assessee’s claim for deduction under Section 80P(2)(d) of the Act. Elaborating on his contention, the Ld. AR submitted that, as the assessee society had received interest income on its investments/deposits made/lying with cooperative banks viz., Telangana State Cooperative Apex Bank Limited, (TSCAB) Hyderabad and Karimnagar District Cooperative Central Bank Limited, Karimnagar, therefore, it was duly

CO-OPERATIVE ELECTRIC SUPPLY SOCIETY LTD.,KARIMNAGAR vs. DCIT., CIRCLE-1, KARIMNAGAR

Bench: Us:

disallowed the assessee’s claim for deduction under Section 80P(2)(d) of the Act. Elaborating on his contention, the Ld. AR submitted that, as the assessee society had received interest income on its investments/deposits made/lying with cooperative banks viz., Telangana State Cooperative Apex Bank Limited, (TSCAB) Hyderabad and Karimnagar District Cooperative Central Bank Limited, Karimnagar, therefore, it was duly

FEDERATION OF AP COOPERATIVE URBAN BANKS AND CREDIT SOCIETIES LIMITED HYD,HYDERABAD vs. ITO., WARD-9(1), HYDERABAD

In the result, appeal filed by the assessee is allowed

Bench: Shri Ravish Sooda N D Shri Madhusudan Sawdiaआ.अपी.सं /Ita No.464/Hyd/2025 (िनधा"रण वष"/Assessment Year: 2019-20) Federation Of Ap Vs. Income Tax Officer Cooperative Urban Banks Ward 9(1) & Credit Societies Ltd. Hyderabad Hyd, Hyderabad Pan:Aaaaf7350F (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri S. Rama Rao, Advocate राज" व "ारा/Revenue By:: Shri V. Ravish Bhatt, Sr. Dr सुनवाई की तारीख/Date Of Hearing: 29/10/2025 घोषणा की तारीख/Pronouncement: 07/11/2025

e- mail ID of Shri K.S. Venkat Rao, who had retired from the society, and thus the communication never reached the present management. The assessee became aware of the order only upon receipt of a recovery notice dated 30.12.2024 from Revenue. Thereafter, the President of the society, who had been under medical treatment for cardiac problems followed by spinal disorder

THE GHATKESAR FARMERS SERVICE COOPERATIVE SOCIETY LIMITED,MEDCHAL vs. ITO., WARD-15(1), HYDERABAD

In the result, appeal of the assessee is allowed

Bench: Shri K.Narasimha Chary

disallowance. 4. Submission of the learned AR is that the assessee is a Primary Agricultural Cooperative Society as is evident from the registration of the society, funds deposited are the own funds of the assessee, namely, the surplus funds which are not to be utilised in the near future in the nationalised bank and, therefore, such deposit has nexus with

STATE BANK OF INDIA STAFF CO-OPERATIVE CREDIT SOCIETY LTD,HYDERABAD vs. DCIT., CIRCLE-5(1), HYDERABAD

In the result, appeal of the assessee is allowed

Bench: Shri Inturi Rama Rao & Shri K.Narasimha Chary

disallowed the same by order passed under section 143(3) of the Act on the ground that the assessee is a co-operative bank. Page 2 of 8 4. Aggrieved by the order, the assessee preferred appeal before the learned CIT(A). Learned CIT(A) on reappraisal of the facts found that the assessee is a co-operative society

THE INDUR INTIDEEPAM PRODUCERS MA CO-OP SOCIETIES FEDERATION LIMITED,NIZAMABAD vs. ITO WARD-1, NIZAMABAD

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: Shri R.K. Panda & Shri Laliet Kumar

disallowed the receipt instead of the income earned by the assessee on the said amount. Therefore, the order passed by the ld.CIT(A) is not in accordance with the law. 9. Per contra, the ld.DR has submitted that the assessee has been earning income from the activities which are not fallen within the purview of section 80P

ACIT., CIRCLE-9(1), HYDERABAD vs. RANGAREDDY DIST JUDL EMPLOYEE MUTUALLY AIDED COOPERATIVE SOCIETY, HYDERABAD

Bench: Us:

E R प्रनत रवीश सूद, जे.एम./PER RAVISH SOOD, J.M. The captioned appeals filed by the Revenue are directed against the respective orders passed by the Commissioner of Income-Tax (Appeals), National Faceless Appeal Center (NFAC), orders passed by the Assessing Officer (for short “A.O.”) u/s 143(3) of the Income Tax Act, 1961 (for short “the Act”) dated

THE ANDHRA PRADESH STATE COOPERATIVE BANK LIMITED,HYDERABAD vs. ASST.COMMISSIONER OF INCOME TAX, CIRCLE-5(1), HYDERABAD

In the result, the S.As. filed by the assessee are dismissed

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdia

80P;] ITA Nos.1796/Hyd/2017, 241/Hyd/2018 Page 20 & 460 to 464/Hyd/2023 (S.A. Nos.63 to 67/Hyd/2023) (2) In making any deduction for a bad debt or part thereof, the following provisions shall apply— [(i) no such deduction shall be allowed unless such debt or part thereof has been taken into account in computing the income of the assessee of the previous year

THE ANDHRA PRADESH STATE CO-OPERATIVE BANK LTD,VIJAYAWADA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-4(1), HYDERABAD

In the result, the S.As. filed by the assessee are dismissed

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdia

80P;] ITA Nos.1796/Hyd/2017, 241/Hyd/2018 Page 20 & 460 to 464/Hyd/2023 (S.A. Nos.63 to 67/Hyd/2023) (2) In making any deduction for a bad debt or part thereof, the following provisions shall apply— [(i) no such deduction shall be allowed unless such debt or part thereof has been taken into account in computing the income of the assessee of the previous year

THE ANDHRA PRADESH STATE CO OPERATIVE BANK LIMITED,HYDERABAD vs. ASST. COMMISSIONER OF INCOME TAX, CIRCLE-4(1), HYDERABAD

In the result, the S.As. filed by the assessee are dismissed

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdia

80P;] ITA Nos.1796/Hyd/2017, 241/Hyd/2018 Page 20 & 460 to 464/Hyd/2023 (S.A. Nos.63 to 67/Hyd/2023) (2) In making any deduction for a bad debt or part thereof, the following provisions shall apply— [(i) no such deduction shall be allowed unless such debt or part thereof has been taken into account in computing the income of the assessee of the previous year

THE ANDHRA PRADESH STATE CO-OPERATIVE BANK LTD,VIJAYAWADA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-4(1), HYDERABAD

In the result, the S.As. filed by the assessee are dismissed

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdia

80P;] ITA Nos.1796/Hyd/2017, 241/Hyd/2018 Page 20 & 460 to 464/Hyd/2023 (S.A. Nos.63 to 67/Hyd/2023) (2) In making any deduction for a bad debt or part thereof, the following provisions shall apply— [(i) no such deduction shall be allowed unless such debt or part thereof has been taken into account in computing the income of the assessee of the previous year

THE ANDHRA PRADESH STATE CO-OPERATIVE BANK LTD,VIJAYAWADA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-4(1), HYDERABAD

In the result, the S.As. filed by the assessee are dismissed

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdia

80P;] ITA Nos.1796/Hyd/2017, 241/Hyd/2018 Page 20 & 460 to 464/Hyd/2023 (S.A. Nos.63 to 67/Hyd/2023) (2) In making any deduction for a bad debt or part thereof, the following provisions shall apply— [(i) no such deduction shall be allowed unless such debt or part thereof has been taken into account in computing the income of the assessee of the previous year

THE ANDHRA PRADESH STATE CO-OPERATIVE BANK LTD,VIJAYAWADA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-5(1), HYDERABAD

In the result, the S.As. filed by the assessee are dismissed

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdia

80P;] ITA Nos.1796/Hyd/2017, 241/Hyd/2018 Page 20 & 460 to 464/Hyd/2023 (S.A. Nos.63 to 67/Hyd/2023) (2) In making any deduction for a bad debt or part thereof, the following provisions shall apply— [(i) no such deduction shall be allowed unless such debt or part thereof has been taken into account in computing the income of the assessee of the previous year

THE ANDHRA PRADESH STATE CO-OPERATIVE BANK LTD,VIJAYAWADA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-4(1), HYDERABAD

In the result, the S.As. filed by the assessee are dismissed

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdia

80P;] ITA Nos.1796/Hyd/2017, 241/Hyd/2018 Page 20 & 460 to 464/Hyd/2023 (S.A. Nos.63 to 67/Hyd/2023) (2) In making any deduction for a bad debt or part thereof, the following provisions shall apply— [(i) no such deduction shall be allowed unless such debt or part thereof has been taken into account in computing the income of the assessee of the previous year