THE MARCEL URBAN CO-OPERATIVE CREDIT SOCIETY LIMITED,MARCEL vs. INCOME TAX OFFICER, WARD - 2(3), PANAJI

Bench: Hon’Ble Shri Satbeer Singh Godara & Shri G. D. Padmahshali(Through Virtual Hearing From Pune) Asstt Sr

disallowance, we deem it necessary to reiterate certain key factual matrix of the case here viz; (1) the appellant is a registered society under State Co-op Societies Act (2) the appellant is a Co-operative Society within the meaning of section 2(19) of the Act (3) the appellant is engaged in providing credit facilities to its member

SHRI GOPALKRISHNA CO-OPERATIVE SOCIETY LIMITED,BHATKAL vs. INCOME TAX OFFICER, WARD - 1, KARWAR

Bench: Hon’Ble Shri Satbeer Singh Godara & Shri G. D. Padmahshali(Through Virtual Hearing From Pune) Asstt Sr

disallowance, we deem it necessary to reiterate certain key factual matrix of the case here viz; (1) the appellant is a registered society under State Co-op Societies Act (2) the appellant is a Co-operative Society within the meaning of section 2(19) of the Act (3) the appellant is engaged in providing credit facilities to its member

SHRI GOPALKRISHNA CO-OPERATIVE SOCIETY LIMITED,BHATKAL vs. INCOME TAX OFFICER, WARD - 1, KARWAR

Bench: Hon’Ble Shri Satbeer Singh Godara & Shri G. D. Padmahshali(Through Virtual Hearing From Pune) Asstt Sr

disallowance, we deem it necessary to reiterate certain key factual matrix of the case here viz; (1) the appellant is a registered society under State Co-op Societies Act (2) the appellant is a Co-operative Society within the meaning of section 2(19) of the Act (3) the appellant is engaged in providing credit facilities to its member

PRATHAMIK KRUSHI PATTIN SAHAKARI SANGH NIYAMIT,BEDKIHAL vs. INCOME TAX OFFICER, WARD - 1, NIPANI

Bench: Hon’Ble Shri Satbeer Singh Godara & Shri G. D. Padmahshali(Through Virtual Hearing From Pune) Asstt Sr

disallowance, we deem it necessary to reiterate certain key factual matrix of the case here viz; (1) the appellant is a registered society under State Co-op Societies Act (2) the appellant is a Co-operative Society within the meaning of section 2(19) of the Act (3) the appellant is engaged in providing credit facilities to its member

EDC LIMITED.,PANAJI vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1), NFAC, DELHI, PANAJI

In the result, the appeal of assessee is allowed for statistical purpose

Bench: Shri R.S. Syal & Shri S.S. Viswanethra Ravi

dividend income of Rs.74,52,725/-, but however, the AO did not satisfy with the said submissions as made by the assessee to consider those investments which yielded exempt income for the purpose of computing disallowance of expenditure. The assessee reiterated the same submissions before the CIT(A), but however, CIT(A) confirmed the order of AO. Before

SHRI JADISIDDESHWAR URBAN CO OP CREDIT SOCIETY LIMITED,SUNADHOLI vs. THE PRINCIPAL COMMISSIONER OF INCOME TAX, HUBLI

The appeal stands PARTLY ALLOWED

Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshaliassessment Year : 2020-21 Shri Jadisiddeshwar Urban Co-Operative Credit Society, Ltd. At Post: Sunadholi, Dist. Belgavi-591136 Pan:Aaaaj2715N . . . . . . . Appellant

disallowed for the purpose of taxation. The assessee’s representation made vide letter dt. 05/03/2025 when failed to inspire any confidence that, (i) earning of interest or dividend by one co-operative society from another one co-operative society (by establishment/incorporation) is deductible u/s 80P(2)(d), and (ii) earning of interest from other banks including co-operative banks