GOLD COIN APARTMENTS CO OPERATIVE HOUSING SOCIETY LTD ,MUMBAI vs. ITO WARD 22(1)(1), MUMBAI

In the result, the appeal of the assessee is allowed

Bench: SHRI RAHUL CHAUDHARY, JUDICIAL MEMBER SHRI OMKARESHWAR CHIDARA (Accountant Member)

256/- received by the Assessee, a co-operative society, from co-operative banks (constituted as a co-operative society) was denied vide Intimation, dated 30/09/2022, issued under Section 143(1) of the Act. The CIT(A) confirmed the disallowance by placing reliance on the provisions contained in Section 80P(4) of the 2