SHRI BASAVESHWAR PRATHAMIK KRISHI PATTIN SAHAKARI SANGHA N SUNADHOLI,SUNADHOLI vs. INCOME TAX OFFICER, GOKAK

Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshaliita Nos. 030/Pan/2025 Assessment Year : 2018-19 Shri Basaveshwar Prathamik Krishi Pattin Sahakari Sangha At Post: Sundholi, Ta.: Sundholi Dist. Belagavi.-591310 Pan : Aahas0468A . . . . . . . Appellant

4) of the Act. The respondent revenue invoked the provisions of section 80AC(ii) of the Act, and denied the 80P deduction for assessee’s default in filing the return within the prescribed time limit in terms of section 139(1) of the Act. ITAT-Panaji Page 3 of 10 Shri Basaveshwar Prathamik Krishi Pattin Sahakari Sangha

NAVANIRMAN MULTIPURPOSE CO-OPERATIVE CREDIT SOCIETY LTD,BELAGAVI vs. INCOME TAX OFFICER, WARD - 2, BELAGAVI

Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshaliita Nos. 116/Pan/2025 Assessment Year : 2016-17 Navanirman Multipurpose Co-Op. Credit Society Ltd., Laxmi Nagar, Hindalaga, Dist. Belagavi.-591108 Pan : Aacan0420G . . . . . . . Appellant V/S The Income Tax Officer, Ward-2, Belagavi. . . . . . . . Respondent Appearances Assessee By : Mr Pramod Vaidya [‘Ld. Ar’] Revenue By : Ms Rijjula Uniyal [‘Ld. Dr’] Date Of Conclusive Hearing : 07/08/2025 Date Of Pronouncement : 18/08/2025 Order Per G. D. Padmahshali; By Captioned Appeal The Assessee Impugns Din & Order 1074658686(1) Dt. 18/03/2025 Passed By National Faceless Appeal Centre, Delhi [‘Ld. Nfac/Cit(A)’ Hereinafter] U/S 250 Of The Income-Tax Act, 1961 [‘The Act’ Hereinafter] Which In Turn Arisen Out Of Order Of Assessment Dt. 15/02/2024 Passed U/S 147 R.W.S. 144 Of The Act By National Faceless E- Asstt Centre, Delhi [‘Ld. Ao’ Hereinafter] Anent To Assessment Year 2016-17 [‘Ay’ Hereinafter].

4. The Ld. Senior AR Mr Vaidya before us argued that, the provisions of section 80A(5) and 80AC(ii) are not applicable to the year under consideration. To buttress the proposition the Ld. AR relied on the decision of Ld. Co-ordinate bench in the case of ‘Rajashree Shahu Co-Op. Credit Society’ in ITA No 19/PAN/2024 dt. 04/06/2024

ALLAMAPRABHU VUSS NI, KALLOLI,KALLOLI vs. INCOME TAX OFFICER, WARD - 1, GOKAK

Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshaliita Nos. 063/Pan/2025 Assessment Year : 2018-19 Allamaprabhu Vuss Niyamit Kalloli 09, Allamaprabhu Vuss Niyamit Kalloli, Kalloli So Dist. Belagavi. Pan : Aafaa8818E . . . . . . . Appellant

4 of 11 Allamaprabhu VUSS Niyamit Kalloli Vs ITO, Gokak ITA Nos.063/PAN/2025 AY: 2018-19 6. Per contra, the Revenue tried to cut the dispute to the corner by averring that; where the return of income is filed beyond the time limit prescribed u/s 139(1) of the Act, the clause (ii) of section 80AC of the Act come into

PRIYADARSHANI MAHILA CO-OP CR. SOCIETY LTD,BELAGAVI vs. DCIT, CPC, BANGALORE

Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshaliita Nos. 032/Pan/2025 Assessment Year : 2019-20 Priyadarshani Mahila Co-Op. Society Ltd. At Post: Kognoli, Ta.: Nippani Dist. Belagavi. Pan : Aabap2582L . . . . . . . Appellant

10 of 12 Priyadarshani Mahila Co-op. Society Ltd. Vs DCIT, CPC ITA Nos.032/PAN/2025 AY: 2019-20 provisions of clause (ii) of section 80AC of the Act, however there was complete absence of authority vested with the Ld. CPC to carry out the disallowance u/s 143(1)(a)(v) of the Act. Therefore, the impugned action of denial

M/S SANGAM SOUHARD CREDIT SAHAKARI LIMITED,BAGALKOT vs. DCIT, CPC, BANGALORE

Appeals are ALLOWED

Bench: Shri Satbeer Singh Godara & Shri G. D. Padmahshali(Through Virtual Hearing From Pune) आयकर अपऩल सं. / Ita No. 001/Pan/2023 निर्धारण वषा / Assessment Year : 2018-19 Shri Bhagyalaxmi Co-Operative Credit Society Ltd., Mallapur, Pg Main Rd., Ghataprabha, Karnataka-591306 Pan: Aaaas5624D . . . . . . . अपीलार्थी / Appellant बिधम / V/S Dy. Commissioner Of Income Tax, Cpc, Bengaluru . . . . . . . प्रत्यर्थी / Respondent & आयकर अपऩल सं. / Ita No. 030/Pan/2023 निर्धारण वषा / Assessment Year : 2018-19 M/S Sangam Souharda Credit Sahakari Ltd., A/P. Galgali, Taluka-Bilgi, Dist.-Bagalkot-587117 Pan: Aaeas3685G . . . . . . . अपीलार्थी / Appellant बिधम / V/S Dy. Commissioner Of Income Tax, Cpc, Bengaluru . . . . . . . प्रत्यर्थी / Respondent द्वधरध / Appearances Assessee By : Mr Sateesh Nadagouda For Ita No. 001& None For Ita No. 030 [‘Ld. Ar’] Revenue By : Mr N. Shrikanth [‘Ld. Dr’] सुनवाई की तारीख / Date Of Conclusive Hearing : 07/08/2023 घोषणा की तारीख / Date Of Pronouncement : 01/09/2023 आदेश / Order Per G. D. Padmahshali, Am; These Two Appeals Of Different Assessee Are Instituted U/S 253(1) Of Income-Tax Act, 1961 [‘The Act’ Hereafter] Against Respective Orders Passed U/S 250 Of The Act By National Faceless Appeal Centre, Delhi [‘Nfac’ Hereafter] For Assessment Year 2018-19 [‘Ay’ Hereinafter].

4 Without Claim Not Allowed 5 Upto AY - Without Claim Not Allowed - With Claim Allowed 6 2017-18 Without Claim Not Allowed 7 (Claims are subjected - to 80A(5) of the Act) With Claim Allowed 8 With Claim - Allowed Without Claim Not Allowed 9 - With Claim Allowed 10 Without Claim Not Allowed 11 Allowed - With Claim - With Claim Allowed

SHRI BHAGYALAXMI CO-OPERATIVE CREDIT SOCIETY LIMITED,MALLAPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CPC, BANGALURU

Appeals are ALLOWED

Bench: Shri Satbeer Singh Godara & Shri G. D. Padmahshali(Through Virtual Hearing From Pune) आयकर अपऩल सं. / Ita No. 001/Pan/2023 निर्धारण वषा / Assessment Year : 2018-19 Shri Bhagyalaxmi Co-Operative Credit Society Ltd., Mallapur, Pg Main Rd., Ghataprabha, Karnataka-591306 Pan: Aaaas5624D . . . . . . . अपीलार्थी / Appellant बिधम / V/S Dy. Commissioner Of Income Tax, Cpc, Bengaluru . . . . . . . प्रत्यर्थी / Respondent & आयकर अपऩल सं. / Ita No. 030/Pan/2023 निर्धारण वषा / Assessment Year : 2018-19 M/S Sangam Souharda Credit Sahakari Ltd., A/P. Galgali, Taluka-Bilgi, Dist.-Bagalkot-587117 Pan: Aaeas3685G . . . . . . . अपीलार्थी / Appellant बिधम / V/S Dy. Commissioner Of Income Tax, Cpc, Bengaluru . . . . . . . प्रत्यर्थी / Respondent द्वधरध / Appearances Assessee By : Mr Sateesh Nadagouda For Ita No. 001& None For Ita No. 030 [‘Ld. Ar’] Revenue By : Mr N. Shrikanth [‘Ld. Dr’] सुनवाई की तारीख / Date Of Conclusive Hearing : 07/08/2023 घोषणा की तारीख / Date Of Pronouncement : 01/09/2023 आदेश / Order Per G. D. Padmahshali, Am; These Two Appeals Of Different Assessee Are Instituted U/S 253(1) Of Income-Tax Act, 1961 [‘The Act’ Hereafter] Against Respective Orders Passed U/S 250 Of The Act By National Faceless Appeal Centre, Delhi [‘Nfac’ Hereafter] For Assessment Year 2018-19 [‘Ay’ Hereinafter].

4 Without Claim Not Allowed 5 Upto AY - Without Claim Not Allowed - With Claim Allowed 6 2017-18 Without Claim Not Allowed 7 (Claims are subjected - to 80A(5) of the Act) With Claim Allowed 8 With Claim - Allowed Without Claim Not Allowed 9 - With Claim Allowed 10 Without Claim Not Allowed 11 Allowed - With Claim - With Claim Allowed

THE SESA GOA EMPLOYEES CO-OP. CREDIT SOCIETY LTD.,SANKHLIM GOA vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2(1), PANAJI., PANAJI

Appeal is allowed in above terms

Bench: Shri Satbeer Singh Godara

disallowance of deduction u/s 80P(2)(d) in respect of interest on deposits with M/ s. Goa State Co-operative Bank Limited. 8. I have critically and carefully analysed the provisions of the IT Act as well as the citations relied upon by the AO as well as by the AR of the appellant. The provisions of section 80P(4

THE ADARSH MULTIPURPOSE CO-OPERATIVE SOCIETY,BELAGAVI vs. INCOME TAX OFFICER WARD 1-(2) , BELAGAVI, BELAGAVI

In the result, the appeal filed by the revenue is dismissed and twenty eight appeals filed by the assessee are partly allowed for statistical purpose in aforestated terms

Bench: Shri Pavan Kumar Gadale & Shri G. D. Padmahshali

10 152/PAN/2024 2020-21 Belgaum Page 1 of 36 Akshaya Co-Op credit society Limited & others. Assessee S. Appeal No Asstt PAN of the Appellant Respondent Represented No. (ITA) Year Assessee by 11 179/PAN/2024 2018-19 Shri Basaveshwar Urban Co-op ITO Ward-1, Mr. Chetan AAFAS9735E Credit Society Belgaum Chougule Limited 12 180/PAN/2024 2020-21 National Faceless

PRATHAMIK KRISHI PATTIN SAHAKARI SANGH NIYAMIT LTD BHOJ,BHOJ vs. INCOME TAX OFFICER, WARD-1, NIPANI

In the result, the appeal filed by the revenue is dismissed and twenty eight appeals filed by the assessee are partly allowed for statistical purpose in aforestated terms

Bench: Shri Pavan Kumar Gadale & Shri G. D. Padmahshali

10 152/PAN/2024 2020-21 Belgaum Page 1 of 36 Akshaya Co-Op credit society Limited & others. Assessee S. Appeal No Asstt PAN of the Appellant Respondent Represented No. (ITA) Year Assessee by 11 179/PAN/2024 2018-19 Shri Basaveshwar Urban Co-op ITO Ward-1, Mr. Chetan AAFAS9735E Credit Society Belgaum Chougule Limited 12 180/PAN/2024 2020-21 National Faceless

VPK URBAN CO-OPERATIVE CREDIT SOCIETY,MARDOL, PONDA vs. INCOME TAX OFFICER, PANAJI, GOA

In the result, the appeal filed by the revenue is dismissed and twenty eight appeals filed by the assessee are partly allowed for statistical purpose in aforestated terms

Bench: Shri Pavan Kumar Gadale & Shri G. D. Padmahshali

10 152/PAN/2024 2020-21 Belgaum Page 1 of 36 Akshaya Co-Op credit society Limited & others. Assessee S. Appeal No Asstt PAN of the Appellant Respondent Represented No. (ITA) Year Assessee by 11 179/PAN/2024 2018-19 Shri Basaveshwar Urban Co-op ITO Ward-1, Mr. Chetan AAFAS9735E Credit Society Belgaum Chougule Limited 12 180/PAN/2024 2020-21 National Faceless

BASAV SOUHARDA CREDIT SAHAKARI NIYAMIT BAILHONGAL,BAILHONGALA vs. INCOME TAX OFFICER NATIONAL E ASSESSMENT CENTER, BELAGAVI

In the result, the appeal filed by the revenue is dismissed and twenty eight appeals filed by the assessee are partly allowed for statistical purpose in aforestated terms

Bench: Shri Pavan Kumar Gadale & Shri G. D. Padmahshali

10 152/PAN/2024 2020-21 Belgaum Page 1 of 36 Akshaya Co-Op credit society Limited & others. Assessee S. Appeal No Asstt PAN of the Appellant Respondent Represented No. (ITA) Year Assessee by 11 179/PAN/2024 2018-19 Shri Basaveshwar Urban Co-op ITO Ward-1, Mr. Chetan AAFAS9735E Credit Society Belgaum Chougule Limited 12 180/PAN/2024 2020-21 National Faceless

SHRI JAI JINENDRA CREDIT SOUHARDA SAHAKARI LIMITED,BELAGAVI vs. INCOME TAX OFFICER WARD 1 NIPANI, BELAGAVI

In the result, the appeal filed by the revenue is dismissed and twenty eight appeals filed by the assessee are partly allowed for statistical purpose in aforestated terms

Bench: Shri Pavan Kumar Gadale & Shri G. D. Padmahshali

10 152/PAN/2024 2020-21 Belgaum Page 1 of 36 Akshaya Co-Op credit society Limited & others. Assessee S. Appeal No Asstt PAN of the Appellant Respondent Represented No. (ITA) Year Assessee by 11 179/PAN/2024 2018-19 Shri Basaveshwar Urban Co-op ITO Ward-1, Mr. Chetan AAFAS9735E Credit Society Belgaum Chougule Limited 12 180/PAN/2024 2020-21 National Faceless

VPK URBAN CO-OPERATIVE CREDIT SOCIETY,MARDOL, PONDA vs. DCIT/ACIT, NEAC, DELHI

In the result, the appeal filed by the revenue is dismissed and twenty eight appeals filed by the assessee are partly allowed for statistical purpose in aforestated terms

Bench: Shri Pavan Kumar Gadale & Shri G. D. Padmahshali

10 152/PAN/2024 2020-21 Belgaum Page 1 of 36 Akshaya Co-Op credit society Limited & others. Assessee S. Appeal No Asstt PAN of the Appellant Respondent Represented No. (ITA) Year Assessee by 11 179/PAN/2024 2018-19 Shri Basaveshwar Urban Co-op ITO Ward-1, Mr. Chetan AAFAS9735E Credit Society Belgaum Chougule Limited 12 180/PAN/2024 2020-21 National Faceless

VIVIDODDSHESHA PRATHAMIK GRAMEEN KRUSHI SAHAKARI SANGH NIYAMIT SOUDATTI,SOUDATTI vs. INCOME TAX OFFICER WARD-4, BELGAUM, BELGAUM

In the result, the appeal filed by the revenue is dismissed and twenty eight appeals filed by the assessee are partly allowed for statistical purpose in aforestated terms

Bench: Shri Pavan Kumar Gadale & Shri G. D. Padmahshali

10 152/PAN/2024 2020-21 Belgaum Page 1 of 36 Akshaya Co-Op credit society Limited & others. Assessee S. Appeal No Asstt PAN of the Appellant Respondent Represented No. (ITA) Year Assessee by 11 179/PAN/2024 2018-19 Shri Basaveshwar Urban Co-op ITO Ward-1, Mr. Chetan AAFAS9735E Credit Society Belgaum Chougule Limited 12 180/PAN/2024 2020-21 National Faceless

KUMTA ADIKE MARATA SOPUHARDA SAHAKARI SANGH NIYAMIT,KUMTA vs. INCOME TAX OFFICER, WARD - 2, KARWAR

In the result, the appeal filed by the revenue is dismissed and twenty eight appeals filed by the assessee are partly allowed for statistical purpose in aforestated terms

Bench: Shri Pavan Kumar Gadale & Shri G. D. Padmahshali

10 152/PAN/2024 2020-21 Belgaum Page 1 of 36 Akshaya Co-Op credit society Limited & others. Assessee S. Appeal No Asstt PAN of the Appellant Respondent Represented No. (ITA) Year Assessee by 11 179/PAN/2024 2018-19 Shri Basaveshwar Urban Co-op ITO Ward-1, Mr. Chetan AAFAS9735E Credit Society Belgaum Chougule Limited 12 180/PAN/2024 2020-21 National Faceless

THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1(1), PANAJI, AYAKAR BHAWAN vs. VPK URBAN COOPERATIVE CREDIT SOCIETY , VPK BHAWAN

In the result, the appeal filed by the revenue is dismissed and twenty eight appeals filed by the assessee are partly allowed for statistical purpose in aforestated terms

Bench: Shri Pavan Kumar Gadale & Shri G. D. Padmahshali

10 152/PAN/2024 2020-21 Belgaum Page 1 of 36 Akshaya Co-Op credit society Limited & others. Assessee S. Appeal No Asstt PAN of the Appellant Respondent Represented No. (ITA) Year Assessee by 11 179/PAN/2024 2018-19 Shri Basaveshwar Urban Co-op ITO Ward-1, Mr. Chetan AAFAS9735E Credit Society Belgaum Chougule Limited 12 180/PAN/2024 2020-21 National Faceless

SHRI BASAVESHWAR URBAN CO OPERATIVE CREDIT SOCIETY LTD,BELAGAVI vs. INCOME TAX OFFICER NATIONAL E ASSESSMENT, BELAGAVI

In the result, the appeal filed by the revenue is dismissed and twenty eight appeals filed by the assessee are partly allowed for statistical purpose in aforestated terms

Bench: Shri Pavan Kumar Gadale & Shri G. D. Padmahshali

10 152/PAN/2024 2020-21 Belgaum Page 1 of 36 Akshaya Co-Op credit society Limited & others. Assessee S. Appeal No Asstt PAN of the Appellant Respondent Represented No. (ITA) Year Assessee by 11 179/PAN/2024 2018-19 Shri Basaveshwar Urban Co-op ITO Ward-1, Mr. Chetan AAFAS9735E Credit Society Belgaum Chougule Limited 12 180/PAN/2024 2020-21 National Faceless

SAMARTH URBAN CO-OPERATIVE CREDIT SOCIETY LTD,BELGAUM vs. PR. COMMISSIONER OF INCOME TAX , BELAGAVI

In the result, the appeal filed by the revenue is dismissed and twenty eight appeals filed by the assessee are partly allowed for statistical purpose in aforestated terms

Bench: Shri Pavan Kumar Gadale & Shri G. D. Padmahshali

10 152/PAN/2024 2020-21 Belgaum Page 1 of 36 Akshaya Co-Op credit society Limited & others. Assessee S. Appeal No Asstt PAN of the Appellant Respondent Represented No. (ITA) Year Assessee by 11 179/PAN/2024 2018-19 Shri Basaveshwar Urban Co-op ITO Ward-1, Mr. Chetan AAFAS9735E Credit Society Belgaum Chougule Limited 12 180/PAN/2024 2020-21 National Faceless

SHRI BASAVESHWAR URBAN CO OPERATIVE CREDIT SOCIETY LIMITED,BELAGAVI vs. INCOME TAX OFFICER NATIONAL E ASSESSMENT CENTRE, BELAGAVI

In the result, the appeal filed by the revenue is dismissed and twenty eight appeals filed by the assessee are partly allowed for statistical purpose in aforestated terms

Bench: Shri Pavan Kumar Gadale & Shri G. D. Padmahshali

10 152/PAN/2024 2020-21 Belgaum Page 1 of 36 Akshaya Co-Op credit society Limited & others. Assessee S. Appeal No Asstt PAN of the Appellant Respondent Represented No. (ITA) Year Assessee by 11 179/PAN/2024 2018-19 Shri Basaveshwar Urban Co-op ITO Ward-1, Mr. Chetan AAFAS9735E Credit Society Belgaum Chougule Limited 12 180/PAN/2024 2020-21 National Faceless