M/S. KERALA STATE CO-OP.AGRICULTURAL & RURAL DEVELOPMENT BANK LTD. vs. COMMISSIONER OF INCOME TAX

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE VIJU ABRAHAM

80P(2)(a)(i) of the Act, without considering the Information received under RTI from the Registrar of Co- operative Societies and NABARD stating that the Appellant is not a 'co-operative bank' and instead is a 'State Land Development Bank' in accordance with Section 2(v) of NABARD ITA Nos.2, 6, 30 & 31/2017

THE PRINCIPAL COMMISSIONER OF INCOME TAX, vs. THE PONKUNNAM SERVICE CO-OPERATIVE BANK LTD

Appeals are allowed and remanded back

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS

E N T [ ITA.43/2019, ITA.114/2019 ] Dated this the 16th day of March 2021 S.V. Bhatti, J. Heard learned Senior Advocate P K R Menon for appellant and Dr K P Pradeep for respondent. 2. The Revenue is the appellant. The appeals are filed questioning the order dated 14.08.2018 of Income Tax Appellate Tribunal, Cochin Bench, Cochin in ITA Nos.118/COCH/2048

M/S. NILESHWAR RANGEKALLU CHETHU VYAVASAYA THOZHILALI SAHAKARANA SANGHAM vs. THE COMMISSIONER OF INCOME TAX

Bench: HONOURABLE DR. JUSTICE A.K.JAYASANKARAN NAMBIAR,HONOURABLE MR.JUSTICE MOHAMMED NIAS C.P.

E N T A.K. Jayasankaran Nambiar, J. As both these appeals arise out of a common order of the Income Tax Appellate Tribunal, Cochin Bench, in relation to the appellant/assessee and involve a common issue relating to the entitlement of the appellant to deduction under Section 80P of the Income Tax Act [hereinafter referred to as the 'IT Act'], they