THE COMMISSIONER OF INCOME-TAX vs. TEXAS INSTRUMENTS INDIA PVT LTD

The appeals are dismissed

Bench: SATISH CHANDRA SHARMA,SURAJ GOVINDARAJ

disallowed by the AO. The claim of the Assessee is this that if the worker is employed on permanent basis then only because in the present year, working days are less than 300 days because he was employed after 66 days from the start of the previous year then no deduction will be available under this section in respect

SRI.BAPOOJI PATTIN SOUHARD vs. THE PRINCIPAL COMMISSIONER

Appeal is dismissed confirming the order passed by the

Bench: H.T.NARENDRA PRASAD,B.VEERAPPA

Section 80P of the Act, disallowing Pigmi commission on the ground that no TDS was made of Rs.1,70,46,946/-. Accordingly

THE PR. COMMISSIONER OF INCOME TAX, vs. THE TOTAGARS CO-OPERATIVE SALE SOCIETY,

The appeal is dismissed

Bench: SREENIVAS HARISH KUMAR,RAGHVENDRA S. CHAUHAN

80P of the Income Tax Act, (‘the Act’ for short), along with deduction under Section 10(34) of the Act, the assessee filed its returns. While assessing the income tax returns, the Assessing Officer disallowed

M/S THE TOTGARS CO-OPERATIVE SALE SOCIETY LTD., vs. THE INCOME TAX OFFICER

In the result, we pass the following:

Bench: B.S PATIL,P.S.DINESH KUMAR

disallowed the exemption under Section 80P(1)(i). He submits that in view of the fact that the issue has been

LOKMANYA MULTIPURPOSE CO-OPERATIVE SOCIETY LTD., vs. THE COMMISSIONER OF INCOME TAX (APPEALS)

Appeal stands disposed of accordingly

Bench: The Commissioner Of

disallowing the deduction under Section 80P(2)(a)(i) of the Act. Being aggrieved, the assessee preferred an appeal before

PATIL CONSTRUCTION INFRASTRUCTURE vs. THE EXECUTIVE ENGINEER

Appeal stands disposed of accordingly

Bench: The Commissioner Of

disallowing the deduction under Section 80P(2)(a)(i) of the Act. Being aggrieved, the assessee preferred an appeal before

THE PRINCIPAL COMMISSIONER OF INCOME TAX vs. SHRI. KURUHINSHETTY URBAN CO-OP

In the result, the appeal stands dismissed

Bench: H.BILLAPPA,P.S.DINESH KUMAR

80P(4) and Explanation to the said section? 4. Whether the Tribunal was right in law and on facts by not sustaining the disallowance

SWARNA SOUHARDA CREDIT CO-OPERATIVE LTD vs. COMMISSIONER OF INCOME TAX (APPEALS)

Bench: The Hon'Ble Mr.Justice S. Sunil Dutt Yadav

Section 80P of the Income Tax Act, 1961 (“the Act”, for short). 3 3. It is further submitted that in the assessment proceedings, the second respondent has disallowed

THE PRINCIPAL COMMISSIONER vs. M/S BAPOOJI PATTIN

Appeal stands disposed of accordingly

Bench: The Commissioner Of Income Tax (Appeals) Which Came To Be Allowed. Aggrieved By The Same, An Appeal Was Preferred By The Revenue Before The Itat. The Itat Dismissed The Same.

disallowing the deduction under Section 80P(2)(a)(i) of the Act. Being aggrieved, the assessee preferred an appeal before

BANNANJE GRAHAKARA VIVIDHODDESHA SAHARAKA SANGHA LTD., vs. THE COMMISSIONER OF INCOME TAX (APPEALS)

The appeal stands disposed of

Bench: S.G.PANDIT,K. V. ARAVIND

Section 80P(2) of the I.T. Act, the Assessing Officer disallowed the claim for deduction. 4.1 The Assessing Officer further

SHREE SIDDESHWAR SOUHARDHANA, vs. THE INCOME TAX OFFICER,

Bench: The Hon’Ble Mr.Justice Ravi Malimath & The Hon’Ble Mr.Justice G.Narendar

80P(2)(a)(i) of the Income Tax Act, 1961 (for short ‘the Act’). During the assessment proceedings, it was noticed that the appellant had invested its surplus in Bilagi Sugar Mills Ltd., Badagandi and Bilagi Pattana Sahakari Bank, Bilagi. The interest earned on these investments was disallowed by the Assessing Officer. He held that the assessee had invested

M/S WIPRO LIMITED vs. THE ADDITIONAL COMMISSIONER OF INCOME-TAX,

In the result, the appeal is disposed of in terms of

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

80P, DODDAKANNELLI SARJAPUR ROAD BENGALURU-560035 ... APPELLANT (BY SRI. S. GANESH, SR. COUNSEL FOR SRI. SANDEEP HUILGOL, ADV., FOR SRI. R.B. KRISHNA, ADV.,) AND: THE ADDITIONAL COMMISSIONER OF INCOME-TAX, CIRCLE 12(5) 14/3, 4TH FLOOR, RASTROTHANA BHAVAN (OPP.) RBI, NRUPATHUNGA ROAD BANGALORE - 560 001. ... RESPONDENT (BY SRI. E.I.SANMATHI, ADV.) - - - THIS ITA IS FILED UNDER SECTION

SHRI MANJUNATHESHWARA SOUHARDA SAHAKARI LTD., vs. COMMISSIONER OF INCOME TAX (APPEALS)

Bench: The Hon'Ble Mr.Justice S. Sunil Dutt Yadav

disallowed under Section 80P(2)(a)(i) of the Act and total income of the petitioner 3 of Rs.24,05,000/- came

THE COMMISSINER OF INCOME TAX (APPEALS) AND ANR vs. THE BIJAPUR DISTRICT CENTRAL

Bench: R.DEVDAS,VINEET KOTHARI

disallowance of such interest paid to the members without TDS, was liable to be made as per the provisions of Section 40 (a) (ia) of the Act. 4. Both the learned counsel at Bar fairly submitted that the said issue is no longer res-integra in view of the CBTD Circular No.19/2015 holding that such Co-operative Banks

UNIVERSAL CREDIT SOUHARDHA SAHAKARI NIYAMITHA vs. GOVERNMENT OF INDIA

Bench: The Hon'Ble Mr.Justice S. Sunil Dutt Yadav

disallowing deductions of income as claimed by the petitioner under Section 80P(2) of the Income Tax Act, 1961 (‘I.T. Act’ for brevity

CORPORATION BANK vs. THE ASSISTANT COMMISSIONER

Accordingly, the petitions are allowed

Bench: The Hon’Ble Mr. Justice Anand Byrareddy

disallowed u/s 57(i) of the Act as interest on non-SLR securities is income from other sources.” 2. Clause (id) of sub-section (1) of Section 56 of the Act provides that income by way of interest on securities shall be chargeable to income-tax under the head “Income from Other Sources”, if, the income is not chargeable

CORPORATION BANK vs. THE ASSISTANT COMMISSIONER OF INCOME TAX

Accordingly, the petitions are allowed

Bench: The Hon’Ble Mr. Justice Anand Byrareddy

disallowed u/s 57(i) of the Act as interest on non-SLR securities is income from other sources.” 2. Clause (id) of sub-section (1) of Section 56 of the Act provides that income by way of interest on securities shall be chargeable to income-tax under the head “Income from Other Sources”, if, the income is not chargeable

KARNATAKA BANK LTD vs. THE ASSISTANT COMMISSIONER OF INCOME -TAX

Accordingly, the petition is allowed in

Bench: The Hon’Ble Mr. Justice Anand Byrareddy

disallowed u/s 57(i) of the Act as interest on 5 non-SLR securities is income from other sources.” 2. Clause (id) of sub-section (1) of Section 56 of the Act provides that income by way of interest on securities shall be chargeable to income-tax under the head “Income from Other Sources”, if, the income is not chargeable