ASSTT.COMMISSIONER OF INCOME TAX CIRCLE-5, NAGPUR vs. THE NIRMAL UJWAL CREDIT CO-OP SOCIETY LTD, NAGPUR

In the result, appeal for the A

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

iv. CIT Vs State Bank of Bikaner and Jaipur (2014) 363 70 (Raj) 11 The Nirmal Ujwal Credit Co–operative Society Ltd. A.Y.2014–15 Considering plethora of judgments on said issue, we humbly request your kindness to kindly revoke impugned disallowances. 23. The provision of section 80P(2

ASSTT.COMMISSIONER OF INCOME TAX CIRCLE-5, NAGPUR vs. THE NIRMAL UJWAL CREDIT CO-OP SOCIETY LTD, NAGPUR

In the result, appeal filed by the Revenue for the assessment year

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

iv) -- v) -- vi) -- 6 The Nirmal Ujwal Credit Co–operative Society Ltd. A.Y. 2012–13 vii) -- From the above, it is clear that provisions of Section 80P(2)(a)(i) are specifically applicable to assessees being co-operative society engaged in providing credit facilities to its members. The society‘s main business is money lending and earning interest from

NAGPUR DISTRICT SHALA KARMACHARI CREDIT CO-OPERATIVE SOCIETY LTD, NAGPUR,NAGPUR vs. INCOME TAX OFFICER WARD 4 (4), NAGPUR, NAGPUR

In the result, assessee's appeal is allowed

Disallowance of deduction claimed u/s 80P with regard to interest income received from Bank and Co-operative Bank 8. During the course of assessment proceedings, the AO noted that the appellant society has received interest of Rs. 22,52,959/- from its investments in Bank and Co-operative Bank. The appellant has claimed deduction u/s 80P

NAGPUR DISTRICT SHALA KARMACHARI CREDIT CO-OPERATIVE SOCIETY LTD , NAGPUR,NAGPUR vs. INCOME TAX OFFICER WARD 4 (4), NAGPUR, NAGPUR

In the result, assessee’s appeal is allowed

Bench: Shri R. K. Panda

section 234A, 234B and 234C of I.T. Act 1961 is unjustified, unwarranted and excessive. 6. Any other ground that shall be prayed at the time of hearing. 6. The Ld. Counsel for the assessee at the outset filed the following decisions and submitted that under identical circumstances the claim of deduction u/s 80P(2)(d) of the Act has been

VIVIDHA KARYAKARI CO-OP SOCIETY,CHANDRAPUR vs. ITO WARD-2, CHANDRAPUR

In the result, appeal of the Assessee is allowed for statistical purposes

Bench: Shri Narender Kumar Choudhry

iv) & 80P(2)(a)(i). The assessee being aggrieved with the said intimation, filed first appeal before the Ld. Commissioner, however, of no avail as the Ld. Commissioner by taking cognizance of return filed by the assessee belatedly and not as per the parameters set out u/sec. 131(4), dismissed the appeal and affirmed the aforesaid disallowances made

BHAGYASHRI NAGRI SAHAKARI PAT SANSTHA MARYADIT ,CHANDRAPUR vs. PR. COMMISSIONER OF INCOME TAX -3, NAGPUR

In the result, appeal of the assessee in ITA No

Bench: Shri Ravish Sood & Shri Jamlappa D Battullआयकर अपील सं. / Ita No.122/Nag/2018 "नधा"रण वष" / Assessment Year : 2013-14 M/S. Bhagyashri Nagri Sahakari Pt. Sanstha Maryadit At Nawargaon, Dist. Chandrapur, Pan : Aaalb0066F .......अपीलाथ" / Appellant बनाम / V/S. The Pr. Commissioner Of Income Tax-3, Nagpur. ……""यथ" / Respondent आयकर अपील सं. / Ita No. 112/Nag/2019 "नधा"रण वष" / Assessment Year : 2014-15 M/S. Bhagyashri Nagrisahakari Pt. Sanstha Maryadit At Nawargaon, Dist. Chandrapur, Pan : Aaalb0066F .......अपीलाथ" / Appellant बनाम / V/S. The Pr. Commissioner Of Income Tax-3, Nagpur. ……""यथ" / Respondent

iv). that the Assessing Officer had lost-sight of the fact that the delayed deposits of the employees contribution towards PF was not eligible for deduction in the hands of the assessee u/s. 36(1)(va) of the Act. On the basis of the aforesaid observations the Pr. CIT called upon the assessee to explain as to why the order

M/S BHAGYASHRI NAGRI SAH. PAT SANSTH MARYADIT,,CHANDRAPUR vs. PR. CIT-3, NAGPUR

In the result, appeal of the assessee in ITA No

Bench: Shri Ravish Sood & Shri Jamlappa D Battullआयकर अपील सं. / Ita No.122/Nag/2018 "नधा"रण वष" / Assessment Year : 2013-14 M/S. Bhagyashri Nagri Sahakari Pt. Sanstha Maryadit At Nawargaon, Dist. Chandrapur, Pan : Aaalb0066F .......अपीलाथ" / Appellant बनाम / V/S. The Pr. Commissioner Of Income Tax-3, Nagpur. ……""यथ" / Respondent आयकर अपील सं. / Ita No. 112/Nag/2019 "नधा"रण वष" / Assessment Year : 2014-15 M/S. Bhagyashri Nagrisahakari Pt. Sanstha Maryadit At Nawargaon, Dist. Chandrapur, Pan : Aaalb0066F .......अपीलाथ" / Appellant बनाम / V/S. The Pr. Commissioner Of Income Tax-3, Nagpur. ……""यथ" / Respondent

iv). that the Assessing Officer had lost-sight of the fact that the delayed deposits of the employees contribution towards PF was not eligible for deduction in the hands of the assessee u/s. 36(1)(va) of the Act. On the basis of the aforesaid observations the Pr. CIT called upon the assessee to explain as to why the order

THE AMRAVATI PEOPLE CO-OP BANK LTD ( NOW MERGED IN THE COSMOS CO-OP BANK LTD),AMARAVATI vs. D.C.I.T. AMRAVATI CIRCLE, AMARAVATI

Bench: Shri Ravish Sood & Shri Jamlappa D Battullआयकरअपीलसं. / Ita No. 309/Nag/2015 "नधा"रणवष" / Assessment Year : 2008-09 The Amravati Peoples Co-Op. Bank Limited (Now Merged In The Cosmos Co-Op. Bank Ltd.) C/O. Cosmos Co-Op Bank Ltd. Jawahar Road, Amravati-444601. Pan : Aaact5899B .......अपीलाथ" / Appellant बनाम / V/S. The Deputy Commissioner Of Income Tax, Amravati Circle, Amravati. ……""यथ" / Respondent Assessee By : Shri S.G. Gandhi, Ar Revenue By : Smt. Agnes P. Thomas, Dr सुनवाईक"तार"ख / Date Of Hearing : 18.02.2022 घोषणाक"तार"ख / Date Of Pronouncement : 09.05.2022

80P of the Act. (vi). For A.Yr.2006-07, the return of income was filed on 31.10.2006 declaring nil income after claiming deduction u/s.80P of Rs.28,39,640/-. As per item No.25(a) of the audit report in Form No.3CD, the details given under the head "Details of brought forward loss or depreciation allowance, in the following manner