DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE - 1(1), PANAJI vs. THE OLD GOA URBAN CO-OPERATIVE CREDIT SOCIETY LIMITED, OLD GOA
Appeal is dismissed in above terms
ITA 175/PAN/2019[2016-17]Status: DisposedITAT Panaji24 Jul 2023AY 2016-17
Bench: Shri Satbeer Singh Godara & Shri G.D. Padmahshali
For Appellant: Shri Sham KamatFor Respondent: Shri N. Shrikanth
Section 143(3)Section 40Section 80PSection 80P(2)(a)
section 40(a)(ia) on interest paid to members.
3. Appellant craves leave to amend or alter any of the grounds of appeal or add to the same, if deemed necessary.”
3. Both the parties next invited our attention to the CIT(A)'s detailed discussion reversing the assessment findings invoking sec.40(a)(ia) disallowance of Rs.2,08,55,277
