ACGL BBD EMPLOYEES COOP CREDIT SOCIETY LTD,BHUIMPAL HONDA SATTARI GOA vs. INCOME TAX OFFICER, WARD 1(1), PANAJ, PANAJI, GOA

The appeal of the assessee stands allowed

Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshaliita Nos. 212/Pan/2024 Assessment Year : 2017-18 Acgl Bbd Employees Co-Op. Credit Society, Ltd. Bhuimpal Honda, Sattari, Bhuimpal, North Goa. Pan : Aaaaa8278M . . . . . . . Applicant V/S Income Tax Officer Ward-1(1), Panaji, Goa. . . . . . . . Respondent Appearances Assessee By : Mr S J Kamat [‘Ld. Ar’] Revenue By : Mr Narendra Reddy [‘Ld. Dr’] Date Of Conclusive Hearing : 06/02/2025 Date Of Pronouncement : 12/02/2025 Order Per G. D. Padmahshali, Am; The Assessee Is In Appeal Against Din & Order No. Itba/Nfac/S/250/2024-25/1066146872(1) Dt. 27/06/2024 Passed U/S 250 Of The Income-Tax Act, 1961 [‘The Act’ Hereinafter] By The National Faceless Appeal Centre, Delhi [‘Ld. Cit(A)/Nfac’ Hereinafter] Which In Turn Arisen Out Of Order Of Assessment Dt. 19/12/2019 Passed U/S 143(3) Of The Act By The Income Tax Officer, Ward-1(1), Panaji [‘Ld. Ao’ Hereinafter] For Assessment Year 2017-18 [‘Ay’ Hereinafter].

250 (Bom)] and ‘Collector, Land Acquisition, Anantnag and Anr. Vs Ms Katiji and Others’ [1987, 167 ITR 5 (SC)] hence is condoned in the larger interest of justice and advanced for adjudication on merits. 3. The long and short of the case is that; the assessee is an employee co-operative credit society registered under the provisions of State

GOA P W D STAFF CO OP CREDIT SOCIETY LIMITED,PANAJI vs. INCOME TAX OFFICER, WARD-1(1) PANAJI GOA, PANAJI

Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshaliita Nos. 107/Pan/2025 Assessment Year : 2017-18 Goa Pwd Staff Co-Operative Credit Society Limited. Pwd New Building, Altinho, Panaji Goa-403 001. Pan : Aabag5329G . . . . . . . Appellant

250 of which in turn arose out of order of assessment passed u/s 143(3) of the Act by the Income Tax Officer, Ward-1(5), Panaji, Goa [‘Ld. AO’] for the assessment year 2017-18 [‘AY’]. ITAT-Panaji Page 1 of 9 Goa PWD Staff Co-operative Credit Society Limited Vs ITO, Goa ITA Nos.107/PAN/2025

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].

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]. ITAT-Panaji Page 1 of 10 Navanirman Multipurpose Co-op. Credit Society

SHREE BASVANNA MAHADEV CO-OPERATIVE CREDIT SOCIETY LIMITED,BELAGAVI vs. INCOME TAX OFFICER WARD 6, 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

250 of the Act and the Revenue has filed the one cross appeal. Since issues involved in these appeals are common, identical and similar, hence for the sake of convenience they are clubbed, heard and a consolidated order is passed. 2. Delay in filing the appeals before the Hon’ble Tribunal in following appeals as under: ITA.No.190/PAN/2024,ITA.No.153/PAN/2024

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

250 of the Act and the Revenue has filed the one cross appeal. Since issues involved in these appeals are common, identical and similar, hence for the sake of convenience they are clubbed, heard and a consolidated order is passed. 2. Delay in filing the appeals before the Hon’ble Tribunal in following appeals as under: ITA.No.190/PAN/2024,ITA.No.153/PAN/2024

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

250 of the Act and the Revenue has filed the one cross appeal. Since issues involved in these appeals are common, identical and similar, hence for the sake of convenience they are clubbed, heard and a consolidated order is passed. 2. Delay in filing the appeals before the Hon’ble Tribunal in following appeals as under: ITA.No.190/PAN/2024,ITA.No.153/PAN/2024

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

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

250 of the Act and the Revenue has filed the one cross appeal. Since issues involved in these appeals are common, identical and similar, hence for the sake of convenience they are clubbed, heard and a consolidated order is passed. 2. Delay in filing the appeals before the Hon’ble Tribunal in following appeals as under: ITA.No.190/PAN/2024,ITA.No.153/PAN/2024

SHRI JAI JINENDRA SOUHARDA SAHAKARI SANGH NIYAMIT,BELAGAVI vs. 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

250 of the Act and the Revenue has filed the one cross appeal. Since issues involved in these appeals are common, identical and similar, hence for the sake of convenience they are clubbed, heard and a consolidated order is passed. 2. Delay in filing the appeals before the Hon’ble Tribunal in following appeals as under: ITA.No.190/PAN/2024,ITA.No.153/PAN/2024

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

250 of the Act and the Revenue has filed the one cross appeal. Since issues involved in these appeals are common, identical and similar, hence for the sake of convenience they are clubbed, heard and a consolidated order is passed. 2. Delay in filing the appeals before the Hon’ble Tribunal in following appeals as under: ITA.No.190/PAN/2024,ITA.No.153/PAN/2024

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

250 of the Act and the Revenue has filed the one cross appeal. Since issues involved in these appeals are common, identical and similar, hence for the sake of convenience they are clubbed, heard and a consolidated order is passed. 2. Delay in filing the appeals before the Hon’ble Tribunal in following appeals as under: ITA.No.190/PAN/2024,ITA.No.153/PAN/2024

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

250 of the Act and the Revenue has filed the one cross appeal. Since issues involved in these appeals are common, identical and similar, hence for the sake of convenience they are clubbed, heard and a consolidated order is passed. 2. Delay in filing the appeals before the Hon’ble Tribunal in following appeals as under: ITA.No.190/PAN/2024,ITA.No.153/PAN/2024

HAVYAKA CREDIT SOUHARDA SAHAKARI NIYAMITA,KUMTA vs. INCOME TAX OFFICER, 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

250 of the Act and the Revenue has filed the one cross appeal. Since issues involved in these appeals are common, identical and similar, hence for the sake of convenience they are clubbed, heard and a consolidated order is passed. 2. Delay in filing the appeals before the Hon’ble Tribunal in following appeals as under: ITA.No.190/PAN/2024,ITA.No.153/PAN/2024

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

250 of the Act and the Revenue has filed the one cross appeal. Since issues involved in these appeals are common, identical and similar, hence for the sake of convenience they are clubbed, heard and a consolidated order is passed. 2. Delay in filing the appeals before the Hon’ble Tribunal in following appeals as under: ITA.No.190/PAN/2024,ITA.No.153/PAN/2024

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

250 of the Act and the Revenue has filed the one cross appeal. Since issues involved in these appeals are common, identical and similar, hence for the sake of convenience they are clubbed, heard and a consolidated order is passed. 2. Delay in filing the appeals before the Hon’ble Tribunal in following appeals as under: ITA.No.190/PAN/2024,ITA.No.153/PAN/2024

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

250 of the Act and the Revenue has filed the one cross appeal. Since issues involved in these appeals are common, identical and similar, hence for the sake of convenience they are clubbed, heard and a consolidated order is passed. 2. Delay in filing the appeals before the Hon’ble Tribunal in following appeals as under: ITA.No.190/PAN/2024,ITA.No.153/PAN/2024

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

250 of the Act and the Revenue has filed the one cross appeal. Since issues involved in these appeals are common, identical and similar, hence for the sake of convenience they are clubbed, heard and a consolidated order is passed. 2. Delay in filing the appeals before the Hon’ble Tribunal in following appeals as under: ITA.No.190/PAN/2024,ITA.No.153/PAN/2024

THE MARATHA URBAN CO-OPERATIVE CREDIT SOCIETY LTD,BELGAUM vs. INCOME TAX OFFICER, WARD - 5, 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

250 of the Act and the Revenue has filed the one cross appeal. Since issues involved in these appeals are common, identical and similar, hence for the sake of convenience they are clubbed, heard and a consolidated order is passed. 2. Delay in filing the appeals before the Hon’ble Tribunal in following appeals as under: ITA.No.190/PAN/2024,ITA.No.153/PAN/2024

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

250 of the Act and the Revenue has filed the one cross appeal. Since issues involved in these appeals are common, identical and similar, hence for the sake of convenience they are clubbed, heard and a consolidated order is passed. 2. Delay in filing the appeals before the Hon’ble Tribunal in following appeals as under: ITA.No.190/PAN/2024,ITA.No.153/PAN/2024

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

250 of the Act and the Revenue has filed the one cross appeal. Since issues involved in these appeals are common, identical and similar, hence for the sake of convenience they are clubbed, heard and a consolidated order is passed. 2. Delay in filing the appeals before the Hon’ble Tribunal in following appeals as under: ITA.No.190/PAN/2024,ITA.No.153/PAN/2024