THE JAMBOTI MULTIPURPOSE CO-OPERATIVE SOCIETY LIMITED,BELGAUM vs. PR. COMMISSIONER OF INCOME TAX, HUBBALI

In the result, the appeal filed by the assesse is dismissed

Bench: Shri Pavan Kumar Gadale & Shri G D Padmahshalii T A. Nos. 72/Pan/2023 (A.Y. 2018-19) Thejambotimultipurpose Vs Pr.Cit, Co-Operative Society Ltd, C.R.Building, . At Post,Jamboti, Navanagar, Khanapur, Belgaum Hubli-580025, Karnataka-591113 Karnataka . Pan/Gir No. Aaajt1994Q (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent)

144B of the Act is erroneous and prejudicial to the interest of the revenue and issued 3 ITA. No.72 /PAN/2023 The Jamboti Multipurpose Cooperative Society Limited. . revision notice U/sec 263 of the Act. The Pr.CIT is of the view that the number of associate members of the assessee society continued to be more than 15% of the total membership

HERALD PUBLICATIONS PVT. LTD,PANAJI vs. NATIONAL FACELESS APPEAL CENTRE, ASSESSMENT UNIT, DELHI

Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshaliita Nos. 160/Pan/2025 Assessment Year : 2018-19 Herald Publication Pvt. Ltd. Ag-6, Campal Trade Centre, Opp. Taj Vivanta, H/H Mili, Panaji, Goa-403001 Pan : Aaach4580K . . . . . . . Appellant V/S National Faceless E-Asstt. Centre, Delhi. . . . . . . . Respondent

disallowance & determination of income u/s 147 r.w.s. 144B of the Act, a penalty proceedings u/s 270A of the Act were initiated. The assessee choose to remain silent. In the absence of rebuttal, the penalty proceeding ceased by imposing penalty equal to 50% of tax sought to have evaded by an order dt. 26/09/2023 u/s 270A of the Act. Aggrieved assessee

THE CAMP MULTIPURPOSE PRIMARY AGRICULTURE COOPERATIVE SOCIETY LIMITED,PERNEM, GOA vs. INCOME TAX OFFICER, WARD 2 (1), PANAJI, GOA

In the result, the appeal filed by the assessee is partly allowed

Bench: SHRI PAVAN KUMAR GADALE (Judicial Member)

section 80P(2)(a)(i) of the Act and has made disallowance of interest income on deposits with the cooperative banks and nationalized banks aggregating to Rs.3,16,641/-and assessed the total income of Rs.3,16,640/- and passed the order u/sec 147 r.w.s 144B

SHRI BEERESHWAR CO-OP CREDIT SOCIETY LTD MADABHAVI,BELAGAVI vs. ITO WARD-2, BELAGAVI, BELAGAVI

Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshaliita Nos. 487/Pan/2025 Assessment Year : 2020-21

disallowed and total income was assessee accordingly by an order dt. 05/09/2022 framed u/s 143(3) r.w.s. 144B of the Act. ITAT-Panaji Page 2 of 7 Shri Beereshwar Co-op. Credit Society Ltd. Vs ITO ITA Nos.487/PAN/2025 AY: 2020-21 3.2 Consequent to aforestated assessment, the Ld. NFeAC initiated penal proceedings u/s 270A by service of notice dt. 30/12/2022

SHRI RENUKA CO-OPERATIVE CREDIT SOCIETY LTD,BELGAVI vs. ASSESSMENT UNIT, INCOME TAX DEPARTMENT, DELHI

In the result, the appeal filed by assesse is allowed for statistical purposes

Bench: Shri Pavan Kumar Gadale & Shri G D Padmahshalii T A. Nos. 64/Pan/2025 (A.Y. 2020-21) Shri Renuka Co-Operative Vs National Face Less Credit Society Limited, Assessment Centre, . Hotel Keerti Campus, Nfac, P.B.Road, Delhi. Belgaum-590001, . Karnataka. Pan/Gir No. Aabas0671B (अपीलाथ"/Appellant) (""यथ"/Respondent)

section 80P of the Act, hence the AO considering the information available on record has invoked the provisions of Sec.144 of the Act and denied the claim of deduction u/sec80P(2)(d) of the Act of Rs.34,74,257/- and after setting off of current year business loss has assessed the total income of Rs.28,26,199/- and passed