THE KERI URBAN CO-OP. CREDIT SOCIETY LTD.,KERI, GOA vs. THE INCOME TAX OFFICER, WARD-2(3), PANAJI
Appeal is allowed in above terms
ITA 140/PAN/2019[2015-16]Status: DisposedITAT Panaji19 Dec 2022AY 2015-16
Bench: Shri Satbeer Singh Godara
For Appellant: Shri S.J. KamatFor Respondent: Smt. Neelima Nadkarni, Sr.DR
Section 143(3)Section 40Section 80PSection 80P(2)(a)Section 80P(2)(d)
b) claim of Rs.8,05,267/- representing interest income from co-operative banks and sec.40(a)(ia) disallowance of Rs.13,89,783/-, respectively.
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ITA.No.140/PAN/2019
4. Both the learned representatives rebutted their respective stand’s regarding the assessee’s status as an eligible co-operative credit society. The Revenue’s case is that this assessee is in fact