THE PRINCIPAL COMMISSIONER OF INCOME TAX, vs. VILAPPIL SERVICE CO-OPERATIVE BANK LTD.,
Appeals are allowed as indicated above
ITA/142/2019HC Kerala01 Nov 2021
Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE BASANT BALAJI
Section 260ASection 80P(2)Section 80P(2)(a)Section 80P(2)(d)
set aside. He prays for answering the questions in
favour of the Revenue and against the assessee.
ITA Nos.142 & 323/2019; 5/2020
-18-
7.
Mr Jojo, learned counsel appearing for the assessee,
who has made submissions in connected matters, contends that
the investment made by the assessee is with the State/District
Co-operative Banks. The banks even if have licences under
