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168 results for “capital gains”+ Section 56(2)(x)clear

Sorted by relevance

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Key Topics

Section 80131Section 26038Section 260A34Deduction33Section 232Section 5632Section 513Section 80P(4)13Section 80P(2)(a)13Disallowance

THE COMMISSIONER OF INCOME TAX vs. M/S.KURUHINSHETTY URBAN CO- OPERATIVE

In the result, the above questions are answered in favour

ITA/100036/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

x 6. The learned counsel Shri Y.V. Raviraj, appearing on behalf of the Revenue contends as follows : Section 80P(2)(a)(i) provides deduction of income of co- operative societies “carrying on the business of banking or providing credit facilities to its members”. However, an exception to this is provided under Section 80P(4) which provides that this deduction will

Showing 1–20 of 168 · Page 1 of 9

...
4
Addition to Income4

THE LIBERAL CO-OP. SOCIETY LTD. vs. THE INCOME TAX OFFICER

In the result, the above questions are answered in favour

ITA/100087/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 56Section 80

gains of any business of banking (including providing credit facilities) carried on by a co- operative society. Reference was made to the Explanation appended to Section 80 P (4) - which lays down that a co-operative bank and a primary agricultural credit society, shall have the same meaning assigned to them in Part V of the Banking Regulation

CHANDRAPRABHU URBAN CO OPERATIVE vs. THE INCOME-TAX OFFICER

In the result, the above questions are answered in favour

ITA/100043/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 56Section 80

gains of any business of banking (including providing credit facilities) carried on by a co- operative society. Reference was made to the Explanation appended to Section 80 P (4) - which lays down that a co-operative bank and a primary agricultural credit society, shall have the same meaning assigned to them in Part V of the Banking Regulation

AL-MEHDI CO-OPERATIVE CREDIT vs. THE INCOME TAX OFFICER

In the result, the above questions are answered in favour

ITA/100051/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 56Section 80

gains of any business of banking (including providing credit facilities) carried on by a co- operative society. Reference was made to the Explanation appended to Section 80 P (4) - which lays down that a co-operative bank and a primary agricultural credit society, shall have the same meaning assigned to them in Part V of the Banking Regulation

THE COMMISSIONER OF INCOME TAX vs. BASAVESHWAR CO-OPERATIVE

In the result, the above questions are answered in favour

ITA/100092/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

x 6. The learned counsel Shri Y.V. Raviraj, appearing on behalf of the Revenue contends as follows : Section 80P(2)(a)(i) provides deduction of income of co- operative societies “carrying on the business of banking or providing credit facilities to its members”. However, an exception to this is provided under Section 80P(4) which provides that this deduction will

THE COMMISSIONER OF INCOME TAX vs. THE MERCANTILE CO-OPERATIVE

In the result, the above questions are answered in favour

ITA/100110/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

x 6. The learned counsel Shri Y.V. Raviraj, appearing on behalf of the Revenue contends as follows : Section 80P(2)(a)(i) provides deduction of income of co- operative societies “carrying on the business of banking or providing credit facilities to its members”. However, an exception to this is provided under Section 80P(4) which provides that this deduction will

THE COMMISSIONER OF INCOME TAX vs. THE ATHANI CO-OPERATIVE

In the result, the above questions are answered in favour

ITA/100076/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

x 6. The learned counsel Shri Y.V. Raviraj, appearing on behalf of the Revenue contends as follows : Section 80P(2)(a)(i) provides deduction of income of co- operative societies “carrying on the business of banking or providing credit facilities to its members”. However, an exception to this is provided under Section 80P(4) which provides that this deduction will

THE COMMISSIONER OF INCOME TAX vs. SHRI BEERESHWAR CRDIT SOUHARD SAHAKARI LTD.,

In the result, the above questions are answered in favour

ITA/100109/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

x 6. The learned counsel Shri Y.V. Raviraj, appearing on behalf of the Revenue contends as follows : Section 80P(2)(a)(i) provides deduction of income of co- operative societies “carrying on the business of banking or providing credit facilities to its members”. However, an exception to this is provided under Section 80P(4) which provides that this deduction will

THE COMMISSIONER OF INCOME TAX vs. SHANKARLING CO-OPERATIVE

In the result, the above questions are answered in favour

ITA/100074/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

x 6. The learned counsel Shri Y.V. Raviraj, appearing on behalf of the Revenue contends as follows : Section 80P(2)(a)(i) provides deduction of income of co- operative societies “carrying on the business of banking or providing credit facilities to its members”. However, an exception to this is provided under Section 80P(4) which provides that this deduction will

THE COMMISSIONER OF INCOME TAX vs. CHIKODI TALUKA SHREE SARASWATI SOUHARD

In the result, the above questions are answered in favour

ITA/100095/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

x 6. The learned counsel Shri Y.V. Raviraj, appearing on behalf of the Revenue contends as follows : Section 80P(2)(a)(i) provides deduction of income of co- operative societies “carrying on the business of banking or providing credit facilities to its members”. However, an exception to this is provided under Section 80P(4) which provides that this deduction will

THE COMMISSIONER OF INCOME TAX vs. SHRI MAHALAXMI URBAN CO-OPERATIVE

In the result, the above questions are answered in favour

ITA/100082/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

x 6. The learned counsel Shri Y.V. Raviraj, appearing on behalf of the Revenue contends as follows : Section 80P(2)(a)(i) provides deduction of income of co- operative societies “carrying on the business of banking or providing credit facilities to its members”. However, an exception to this is provided under Section 80P(4) which provides that this deduction will

THE COMMISSIONER OF INCOME TAX vs. THE MERCANTILE CO-OPERATIVE

In the result, the above questions are answered in favour

ITA/100112/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

x 6. The learned counsel Shri Y.V. Raviraj, appearing on behalf of the Revenue contends as follows : Section 80P(2)(a)(i) provides deduction of income of co- operative societies “carrying on the business of banking or providing credit facilities to its members”. However, an exception to this is provided under Section 80P(4) which provides that this deduction will

THE COMMISSIONER OF INCOME TAX vs. BEERESHWAR CREDIT SOUHARD SAHAKARI LTD.,

In the result, the above questions are answered in favour

ITA/100126/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

x 6. The learned counsel Shri Y.V. Raviraj, appearing on behalf of the Revenue contends as follows : Section 80P(2)(a)(i) provides deduction of income of co- operative societies “carrying on the business of banking or providing credit facilities to its members”. However, an exception to this is provided under Section 80P(4) which provides that this deduction will

THE COMMISSIONER OF INCOME TAX vs. SHRI SHIVABODHARANGA URBAN CO-OPERATIVE

In the result, the above questions are answered in favour

ITA/100094/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

x 6. The learned counsel Shri Y.V. Raviraj, appearing on behalf of the Revenue contends as follows : Section 80P(2)(a)(i) provides deduction of income of co- operative societies “carrying on the business of banking or providing credit facilities to its members”. However, an exception to this is provided under Section 80P(4) which provides that this deduction will

THE COMMISSIONER OF INCOME TAX vs. M/S.KURUHINSHETTY URBAN CO OPERATIVE

In the result, the above questions are answered in favour

ITA/100035/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

x 6. The learned counsel Shri Y.V. Raviraj, appearing on behalf of the Revenue contends as follows : Section 80P(2)(a)(i) provides deduction of income of co- operative societies “carrying on the business of banking or providing credit facilities to its members”. However, an exception to this is provided under Section 80P(4) which provides that this deduction will

THE COMMISSIONER OF INCOME TAX vs. DR.PRABHAKAR KORE CREDIT SOUHARD

In the result, the above questions are answered in favour

ITA/100113/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

x 6. The learned counsel Shri Y.V. Raviraj, appearing on behalf of the Revenue contends as follows : Section 80P(2)(a)(i) provides deduction of income of co- operative societies “carrying on the business of banking or providing credit facilities to its members”. However, an exception to this is provided under Section 80P(4) which provides that this deduction will

THE COMMISSIONER OF INCOME TAX vs. SHRI SIDDHESHWAR CO-OPERATIVE

In the result, the above questions are answered in favour

ITA/100078/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

x 6. The learned counsel Shri Y.V. Raviraj, appearing on behalf of the Revenue contends as follows : Section 80P(2)(a)(i) provides deduction of income of co- operative societies “carrying on the business of banking or providing credit facilities to its members”. However, an exception to this is provided under Section 80P(4) which provides that this deduction will

THE COMMISSIONER OF INCOME TAX vs. THE ATHANI CO-OPERATIVE

In the result, the above questions are answered in favour

ITA/100077/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

x 6. The learned counsel Shri Y.V. Raviraj, appearing on behalf of the Revenue contends as follows : Section 80P(2)(a)(i) provides deduction of income of co- operative societies “carrying on the business of banking or providing credit facilities to its members”. However, an exception to this is provided under Section 80P(4) which provides that this deduction will

THE COMMISSIONER OF INCOME TAX vs. SHRI MAHATAMA BASAVESHWARA

In the result, the above questions are answered in favour

ITA/100072/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

x 6. The learned counsel Shri Y.V. Raviraj, appearing on behalf of the Revenue contends as follows : Section 80P(2)(a)(i) provides deduction of income of co- operative societies “carrying on the business of banking or providing credit facilities to its members”. However, an exception to this is provided under Section 80P(4) which provides that this deduction will

THE COMMISSIONER OF INCOME TAX vs. SHRI BRAMHANATH CREDIT SOUHARD

In the result, the above questions are answered in favour

ITA/100073/2014HC Karnataka21 Sept 2015

Bench: ANAND BYRAREDDY,S.SUJATHA

Section 2Section 260ASection 5Section 56Section 80Section 80P(2)(a)Section 80P(4)

x 6. The learned counsel Shri Y.V. Raviraj, appearing on behalf of the Revenue contends as follows : Section 80P(2)(a)(i) provides deduction of income of co- operative societies “carrying on the business of banking or providing credit facilities to its members”. However, an exception to this is provided under Section 80P(4) which provides that this deduction will