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)

disallowance on the contending the Assessee was entitled to claim deduction of INR.3,15,256/- under Section 80P(2)(d) of the Act. 4. We have heard both the sides on the issue and have perused the material on record. 5. The appeal preferred by the Assessee is delayed by 101 days. In the application seeking condonation of delay

PARSI SALSETTE BLDG NO. 1 CHS LIMITED ,MUMBAI vs. INCOME TAX OFFICER 24(3)(1), MUMBAI

Accordingly, Ground No. II raised by the Assessee is allowed and as a result, Ground No

Bench: SHRI OM PRAKASH KANT, ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY (Judicial Member)

disallowing the deduction claimed on Interest earned of Rs. 35,27,204/- from cooperative banks u/s 80P(2)(d) of the Act. b) On the facts and circumstances of the case and in law the AO failed to appreciate that i. The assessee is cooperative society eligible to claim deduction u/s 80P(2)(d) of the Act. ii. Denying

GALAXY CO OP HSG SOCIETY LTD,NAVI MUMBAI vs. ITO WARD(1)(1), THANE, THANE, MAHARAHSTRA

sections 80P(2)(c) and 80P(2)(d) of the Income Tax Act. The Assessing Officer disallowed these claims. The Assessee

EKTA SAHAKARI PATPEDHI MARYADIT,VIRAR vs. INCOME TAX OFFICER, ASSESSMENT UNIT, NEW DELHI

In the result, both the above appeals are allowed

disallowance of deduction under section 80P(2)(d) of the Act in respect of interest income received from the Co-operative Banks. The assessee is a registered Co- operative Housing Society and during the assessment year 2018-19 earned interest income of Rs.50,39,861 from the investments made in various Co-operative Banks.\n9. Before proceeding further

EKTA SAHAKARI PATPEDHI MARYADIT,VIRAR vs. INCOME TAX OFFICER, ASSESSMENT UNIT, NEW DELHI

In the result, both the above appeals are allowed

disallowance of deduction under section 80P(2)(d) of the Act in respect of interest income received from the Co-operative Banks. The assessee is a registered Co- operative Housing Society and during the assessment year 2018-19 earned interest income of Rs.50,39,861 from the investments made in various Co-operative Banks.\n9. Before proceeding further

THE SUVARNA NAGAR CO OPERATIVE HOUSING SOCIETY LTD,MUMBAI vs. ITO, WARD, 34(3), MUMBAI

In the result, the appeal by the assessee is allowed

Bench: Shri Sandeep Singh Karhailshri Girish Agrawalassessment Year : 2019-20

disallowing the deduction of INR 24,19,242 claimed under section 80P(2)(d) of the Act and deduction of INR 50,000 claimed under section 80P(2)(c

ITO-41(2)(2) MUMBAI, MUMBAI vs. JAI BHOLENATH CO OP CREDIT SOCIETY LTD, MUMBAI

In the result, the appeal of the assessee is allowed

Bench: Ms Kavitha Rajagopal, Jm & Ms Padmavathy S, Am

disallowance of deduction under section 80P(2)(d) of the Act in respect of interest income received from the Co-operative Banks. The assessee is a registered Co- operative Housing Society and during the assessment year 2018- 19 earned interest income of Rs. 50,39,861 from the investments made in various Co-operative Banks. 9. Before proceeding further

INCOME TAX OFFICER, WARD-4(1), THANE, THANE vs. JEEVAN VIKAS NAGRI SAHAKARI PATPEDI MARYADIT, VASAI

In the result, the appeal of the assessee for AY 2017-18 and AY 2018-19 are\nallowed

disallowed the entire claim made by the\nassessee to the tune of Rs.6,45,32,992 the break up of which is as under –\n(i) Deduction claimed u/s 80P(2)(a) - Rs. 2,94,38,661/-\n(ii) Deduction claimed u/s 80P(2)(d) - Rs. 3,50,44,331/-\n(iii) Deduction claimed u/s.80P(2)(c) – Rs.50

INCOME TAX OFFICER, WARD 4.1 , THANE, THANE vs. JEEVAN VIKAS NAGRI SAHAKARI PATPEDHI MARYADIT, MARYADT

In the result, the appeal of the assessee for AY 2017-18 and AY 2018-19 are allowed

Bench: Ms Kavitha Rajagopal, Jm & Shri Ms Padmavathy S, Am

disallowed the entire claim made by the assessee to the tune of Rs.6,45,32,992 the break up of which is as under – (i) Deduction claimed u/s 80P(2)(a) - Rs. 2,94,38,661/- (ii) Deduction claimed u/s 80P(2)(d) - Rs. 3,50,44,331/- (iii) Deduction claimed u/s.80P(2)(c) – Rs.50

JEEVAN VIKAS NAGRI SAHAKARI PATPEDHI MARYADIT ,PALGHAR vs. ITO, CIR-4 , THANE

In the result, the appeal of the assessee for AY 2017-18 and AY 2018-19 are allowed

Bench: Ms Kavitha Rajagopal, Jm & Shri Ms Padmavathy S, Am

disallowed the entire claim made by the assessee to the tune of Rs.6,45,32,992 the break up of which is as under – (i) Deduction claimed u/s 80P(2)(a) - Rs. 2,94,38,661/- (ii) Deduction claimed u/s 80P(2)(d) - Rs. 3,50,44,331/- (iii) Deduction claimed u/s.80P(2)(c) – Rs.50

MUMBAI KAMGAR MADHYAWARTI GRAHAK SAHAKARI SANSTHA MARYADIT,MUMBAI vs. ASST. COMMISSIONER OF INCOME TAX - CIRCLE 20(2), MUMBAI

In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for statisti...

Bench: Shri Om Prakash Kant () & Shri Sunil Kumar Singh ()

disallowance of claim u/s 80P of the Act claim u/s 80P of the Act amounting to Rs.1,37,38,461/ Rs.1,37,38,461/- include deduction of Rs.1,00,000/ include deduction of Rs.1,00,000/- claimed u/s 80P(2)(c) of the Act claimed u/s 80P(2)(c) of the Act. In the circumstances

MUMBAI KAMGAR MADHYAWARTI GRAHAK SAHAKARI SANSTHA MARYADIT,MUMBAI vs. ASST. COMMISSIONER OF INCOME TAX - CIRCLE 20(2), MUMBAI

In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for statisti...

Bench: Shri Om Prakash Kant () & Shri Sunil Kumar Singh ()

disallowance of claim u/s 80P of the Act claim u/s 80P of the Act amounting to Rs.1,37,38,461/ Rs.1,37,38,461/- include deduction of Rs.1,00,000/ include deduction of Rs.1,00,000/- claimed u/s 80P(2)(c) of the Act claimed u/s 80P(2)(c) of the Act. In the circumstances

MUMBAI KAMGAR MADHYAWARTI GRAHAK SAHAKARI SANSTHA MARYADIT,MUMBAI vs. ASST. COMMISSIONER OF INCOME TAX - CIRCLE 20(2), MUMBAI

In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for In the result, all the appeals of the assessee are allowed for statisti...

Bench: Shri Om Prakash Kant () & Shri Sunil Kumar Singh ()

disallowance of claim u/s 80P of the Act claim u/s 80P of the Act amounting to Rs.1,37,38,461/ Rs.1,37,38,461/- include deduction of Rs.1,00,000/ include deduction of Rs.1,00,000/- claimed u/s 80P(2)(c) of the Act claimed u/s 80P(2)(c) of the Act. In the circumstances

DIRBADEVI SAHAKARI PATPEDI LTD ,MUMBAI vs. INCOME TAX OFFICER, WAR 27(1)(1), MUMBAI

In the result, the appeal of the assessee is allowed

C. Green Cooperative\nHousing and Society Ltd. Vs. ITO-21(3)(2), Mumbai (ITA No.\n1343/Mum/2017, dated 31.03.2017 (iii) Marvwanjee Cama Park\nCooperative Housing Society Ltd. Vs. ITORange-20(2)(2). Mumbai (ITA No.\n6139/Mum/2014, dated 27.09.2017. (iv). Kaliandas Udyog Bhavan Pemises\nCo-op. Society Ltd. Vs. ITO, 21(2)(1), Mumbai. We further find that the\nHon'ble High

INCOME TAX OFFICER - 25(2)(1) MUMBAI, MUMBAI vs. MUMBAI POSTAL EMPLOYEES CO-OPERATIVE CREDIT SOCIETY LTD, MUMBAI

In the result, the appeal by the Revenue and cross-objection by the assessee are dismissed

Bench: Shri Om Prakash Kant & Shri Sandeep Singh Karhail

disallowed the dividend of Rs.45,37,500 under section 80P(2)(d) of the Act. Mumbai Postal Employees Co-operative Credit Society Ltd. CO. No.57/Mum/2024 5. The learned CIT(A), vide impugned order, accepted the alternative contention of the assessee of claim of deduction under section 80P(2)(d) of the Act in respect of the interest and dividend received

INCOME TAX OFFICER , MUMBAI vs. IDBI STAFF CO-OPERATIVE CREDIT SOCIETY LTD , MUMBAI

In the result, all the appeals in ITA Nos

C. Green\nCooperative Housing and Society Ltd. Vs. ITO21(3)(2), Mumbai (ITA No.\n1343/Mum/2017, dated 31.03.2017 (iii) Marvwanjee Cama Park\nCooperative Housing Society Ltd. Vs. ITORange-20(2)(2). Mumbai (ITA No.\n6139/Mum/2014, dated 27.09.2017. (iv). Kaliandas Udyog Bhavan\nPemises Co-op. Society Ltd. Vs. ITO, 21(2)(1), Mumbai. We further find\nthat the Hon'ble High Court

INCOME TAX OFFICER, BKC,MUMBAI vs. IDBI STAFF CO-OPERATIVE SOCIETY LTD, MUMBAI

C. Green\nCooperative Housing and Society Ltd. Vs. ITO21(3)(2), Mumbai (ITA No.\n1343/Mum/2017, dated 31.03.2017 (iii) Marvwanjee Cama Park\nCooperative Housing Society Ltd. Vs. ITORange-20(2)(2). Mumbai (ITA No.\n6139/Mum/2014, dated 27.09.2017. (iv). Kaliandas Udyog Bhavan\nPemises Co-op. Society Ltd. Vs. ITO, 21(2)(1), Mumbai. We further find\nthat the Hon'ble High Court

SADHANA SAHAKARI PATPEDHI LIMITED,PALGHAR vs. CIT(A), NFAC, DELHI

disallowing deduction claimed u/s 80P(2)(d) of The Income Tax Act, 1961. 2. The Hon'ble CIT-(A), NFAC has also aggrieved your appellant by agreeing with the learned A.O. of not allowing the deductions of Rs. 1,43,20,990/- claimed u/s 80P(2)(a)(i) of Income Tax Act, 1961 by holding the appellant to be debarred

SADHANA SAHAKARI PATPEDHI LIMITED,VASAI, PALGHAR vs. CIT(A), NFAC , DELHI

disallowing deduction claimed u/s 80P(2)(d) of The Income Tax Act, 1961. 2. The Hon'ble CIT-(A), NFAC has also aggrieved your appellant by agreeing with the learned A.O. of not allowing the deductions of Rs. 1,43,20,990/- claimed u/s 80P(2)(a)(i) of Income Tax Act, 1961 by holding the appellant to be debarred