INCOME TAX OFFICER WARD- SEONI, SEONI vs. JILA SAHKARI KENDRIYA BANK MARYADIT, SEONI

In the result, all the Appeals and CO (# 7/2018) are allowed for statistical purposes, and CO (# 5/2018) is partly allowed for statistical purposes

Bench: Shri Sanjay Arora, Hon’Ble & Shri Manomohan Das, Hon'Ble

80P(4) stands inserted (again) on the statute, excluding cooperative banks, and which are not claimed as retrospective! There was no reference to the Memorandum Explaining the Provisions of the relevant Finance Bill; Budget Speech, etc. explaining the amendment, which would throw light thereon, by Sh. Ganguly. There was, further, no explanation by him as to why the said amendment