RAJYADHARPARA CHANDPUR SAMABAY KRISHI UNNAYAN SAMITY LIMITED,PURBA BARDHAMAN vs. ITO, WARD - 2(4), BURDWAN

In the result, appeal of the assessee is allowed

Bench: SHRI GEORGE MATHAN (Judicial Member)

d) of the Act on 2 the ground that the said M/s Burdwan Central Cooperative Bank Limited was not a cooperative society. It was the submission that the ld. CIT(A) applied the principle of law laid down by the Hon’ble Supreme Court in the case of Totgars Cooperative Sale Society Ltd., reported in 188 Taxmann

JALUIDANGA PASCHIM NASARATPUR SAMABY KRISHI UNNAYAN SAMITY LIMITED,BARDHAMAN, WEST BENGAL vs. INCOME TAX OPPFICER, WARD-1(3), BURDWAN

In the result, appeal of the assessee is partly allowed for statistical purposes

d) of the whole of the interest /Dividend received from other Cooperative Societies. Your appellant society entitled for deduction under section 80P(2)(c) of the Income Tax Act 1961 for the activities other than as mentioned in section 80P(2)(a) and 80P(2)(b) of Income Tax Act 1961. Your appellant society filed income tax return

THE BANK OF TOKYO-MITSUBISHI LIMITED,KOLKATA vs. ADIT, INT. TAX., KOLKATA

In the result, appeal of the assessee is partly allowed for statistical purposes

Bench: SHRI SATBEER SINGH GODARA (Judicial Member), SHRI S. RIFAUR RAHMAN (Accountant Member)

d) of the whole of the interest /Dividend received from other Cooperative Societies. Your appellant society entitled for deduction under section 80P(2)(c) of the Income Tax Act 1961 for the activities other than as mentioned in section 80P(2)(a) and 80P(2)(b) of Income Tax Act 1961. Your appellant society filed income tax return

PANDAVESWAR COLLIERY EMPLOYEES COOPERATIVE CREDIT SOCIETY LIMITED,PANDAVESWAR vs. ITO, WARD 2(4), , DURGAPUR

In the result, the appeal of the assessee is dismissed as\nwithdrawn

depreciation at Rs.44,78,248/- and out of the\nnet profit of Rs.44,78,248/-, the assessee claimed deduction u/s\n80P(2)(a)(i) of the Act at Rs.11,58,311/- and deduction u/s 80P(2)(d)\nbeing interest/dividend from investment in other cooperative society at\nRs.33,19,937/-. As the assessee failed to filed return of income

DCIT, CIRCLE - 5(1), KOLKATA, KOLKATA vs. M/S. COAL INDIA LIMITED , KOLKATA

depreciation and other capital expenditure mentioned is varied when such liability crystalises in the year of payment. Hence, the mark-to-market loss being only a notional loss for the purpose of the books of account of the assessee and no crystallization of such loss having been occurred during the year, such loss has rightly been disallowed

PUNCHA SAMABAY KRISHI UNNAYAN SAMITY LIMITED,BANKURA vs. ACIT, WARD 3(1), , BANKURA

In the result, the appeal of the assessee is allowed for statistical\npurposes

D” BENCH KOLKATA\nBEFORE SHRI DUVVURU RL REDDY, VICE PRESIDENT\nAND SHRI RAKESH MISHRA, ACCOUNTANT MEMBER\nITA No.661/KOL/2025\n Assessment Year: 2021-22\n\nPuncha Samabay Krishi\nUnnayan Samity Limited\nPuncha Puncha, Teleberia B.O.\nTeliberia, bankura-722144,\nWest Bengal,\n(PAN: AABAP9285A)\n(Appellant)\nVs.\nThe ACIT, Ward (3)(1),\nBankura\nAaykar Bhavan, Chandari Dihi\nKenduadihi Bankura-722101\nWest Bengal

DCIT, CIR-5(1), , KOLKATA vs. M/S COAL INDIA LTD., KOLKATA

depreciation and\nother capital expenditure mentioned is varied when such liability\ncrystalises in the year of payment. Hence, the mark-to-market loss\nbeing only a notional loss for the purpose of the books of account of the\nassessee and no crystallization of such loss having been occurred\nduring the year, such loss has rightly been disallowed

DCIT, CIR-5(1), , KOLKATA vs. M/S COAL INDIA LTD., KOLKATA

depreciation and\nother capital expenditure mentioned is varied when such liability\ncrystalises in the year of payment. Hence, the mark-to-market loss\nbeing only a notional loss for the purpose of the books of account of the\nassessee and no crystallization of such loss having been occurred\nduring the year, such loss has rightly been disallowed

DCIT, CIRCLE - 5(1), KOLKATA, KOLKATA vs. M/S. COAL INDIA LIMITED , KOLKATA

In the result, the appeals filed by the assessee in ITA Nos

depreciation and\nother capital expenditure mentioned is varied when such liability\ncrystalises in the year of payment. Hence, the mark-to-market loss\nbeing only a notional loss for the purpose of the books of account of the\nassessee and no crystallization of such loss having been occurred\nduring the year, such loss has rightly been disallowed

COAL INDIA LIMITED ,KOLKATA vs. DCIT, CIRCLE - 5(1), KOLKATA, KOLKATA

depreciation and\nother capital expenditure mentioned is varied when such liability\ncrystalises in the year of payment. Hence, the mark-to-market loss\nbeing only a notional loss for the purpose of the books of account of the\nassessee and no crystallization of such loss having been occurred\nduring the year, such loss has rightly been disallowed

M/S. COAL INDIA LIMITED ,KOLKATA vs. DCIT, CIRCLE - 5(1), KOLKATA, KOLKATA

depreciation and\nother capital expenditure mentioned is varied when such liability\ncrystalises in the year of payment. Hence, the mark-to-market loss\nbeing only a notional loss for the purpose of the books of account of the\nassessee and no crystallization of such loss having been occurred\nduring the year, such loss has rightly been disallowed