SCORPIO IRON LTD,PANAJI vs. ITO, WARD - 1(4), PANAJI

In the result, both appeals of the assessee are allowed

E R Per Bench : These two appeals have been filed by the assessee on the following grounds :- 1) The order of the learned AO is bad in law and is void-ab-initio. 2) The Assessment Order passed by the AO u/s 143(3) r.w.s 92CA & r.w.s 144(C) of the Income Tax Act'1961 is without jurisdiction, misconceived

SHREE AMBEY FORGING PRIVAT LIMITED,PANAJI vs. ITO, WARD - (4), PANAJI

In the result, both appeals of the assessee are allowed

E R Per Bench : These two appeals have been filed by the assessee on the following grounds :- 1) The order of the learned AO is bad in law and is void-ab-initio. 2) The Assessment Order passed by the AO u/s 143(3) r.w.s 92CA & r.w.s 144(C) of the Income Tax Act'1961 is without jurisdiction, misconceived

SOCIEADADE DE FOMENTO INDL. PVT. LTD.,MARGAO vs. JOINT COMMISSIONER OF INCOME TAX, MARGAO RANGE, MARGAO

In the result, the appeal of the assessee is partly allowed and that of the Revenue is dismissed

Bench: Shri Chandra Mohan Garg & Shri Girish Agrawal

e- filed its return of income on 14.10.2010 declaring total income of Rs.570,13,34,020/-. The same was processed under section 143(1) of the I.T. Act, 1961 on 19.05.2011. The case of the assessee was selected for scrutiny under CASS. Accordingly, notice under section 143(2) dated 24.08.2011 was issued and served on the assessee

ACIT, CENTRAL CIRCLE, PANAJI vs. M/S SOCIADADE DE FOMENTO INDUSTRIAL P. LTD, MARGAO

In the result, the appeal of the assessee is partly allowed and that of the Revenue is dismissed

Bench: Shri Chandra Mohan Garg & Shri Girish Agrawal

e- filed its return of income on 14.10.2010 declaring total income of Rs.570,13,34,020/-. The same was processed under section 143(1) of the I.T. Act, 1961 on 19.05.2011. The case of the assessee was selected for scrutiny under CASS. Accordingly, notice under section 143(2) dated 24.08.2011 was issued and served on the assessee

SHRI RAMPURUSH MANDIR SOCIETY,CUNCOLIM vs. ASSISTANT DIRECTOR, CPC, BANGALORE

Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshaliita Nos. 75 & 76/Pan/2025 Assessment Year : 2021-22 & 2022-23 Shri Rampurush Mandir Society Veroda, Cuncolim, Salcete, Goa-403703. Pan : Aadas9268E . . . . . . . Appellant V/S Asstt. Director Of Income Tax, Cpc, Bengaluru. . . . . . . . Respondent Appearances Assessee By : Mr Narcinva Lotlikar [‘Ld. Ar’] Revenue By : Mr Ish Gupta [‘Ld. Dr’] Date Of Conclusive Hearing : 25/08/2025 Date Of Pronouncement : 26/08/2025 Order Per G. D. Padmahshali; The Twin Appeals Of The Appellant Assessee Impugns Separate Din & Orders Both Dt. 10/03/2025 Passed By The Addl./Jt. Commissioner Of Income Tax, Appeals(2), Kolkata [‘Ld. Cit(A)/Nfac’ Hereinafter] U/S 250 Of The Income-Tax Act, 1961 [‘The Act’ Hereinafter] Which In Turn Emanated Out Of Respective Summary Assessment Dt. 23/09/2022 & 16/03/2023 Passed U/S 143(1) Of The Act By The National Faceless E-Asstt Centre [‘Ld. Ao’ Hereinafter] Anent To Assessment Years 2021- 22 & 2022-23 [‘Ays’ Hereinafter].

e-Asstt Centre [‘Ld. AO’ hereinafter] anent to assessment years 2021- 22 & 2022-23 [‘AYs’ hereinafter]. ITAT-Panaji Page 1 of 18 Shri Rampurush Mandir Society Vs CPC ITA Nos.75 & 76/PAN/2025 AY: 2021-22 & 2022-23 Since facts, circumstances and matter of dispute brought in 2. this twin appeals are identical, upon rival party’s common request

SHRI RAMPURUSH MANDIR SOCIETY,CUNCOLIM vs. ASSISTANT DIRECTOR OF INCOME TAX - CPC, BANGALORE

Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshaliita Nos. 75 & 76/Pan/2025 Assessment Year : 2021-22 & 2022-23 Shri Rampurush Mandir Society Veroda, Cuncolim, Salcete, Goa-403703. Pan : Aadas9268E . . . . . . . Appellant V/S Asstt. Director Of Income Tax, Cpc, Bengaluru. . . . . . . . Respondent Appearances Assessee By : Mr Narcinva Lotlikar [‘Ld. Ar’] Revenue By : Mr Ish Gupta [‘Ld. Dr’] Date Of Conclusive Hearing : 25/08/2025 Date Of Pronouncement : 26/08/2025 Order Per G. D. Padmahshali; The Twin Appeals Of The Appellant Assessee Impugns Separate Din & Orders Both Dt. 10/03/2025 Passed By The Addl./Jt. Commissioner Of Income Tax, Appeals(2), Kolkata [‘Ld. Cit(A)/Nfac’ Hereinafter] U/S 250 Of The Income-Tax Act, 1961 [‘The Act’ Hereinafter] Which In Turn Emanated Out Of Respective Summary Assessment Dt. 23/09/2022 & 16/03/2023 Passed U/S 143(1) Of The Act By The National Faceless E-Asstt Centre [‘Ld. Ao’ Hereinafter] Anent To Assessment Years 2021- 22 & 2022-23 [‘Ays’ Hereinafter].

e-Asstt Centre [‘Ld. AO’ hereinafter] anent to assessment years 2021- 22 & 2022-23 [‘AYs’ hereinafter]. ITAT-Panaji Page 1 of 18 Shri Rampurush Mandir Society Vs CPC ITA Nos.75 & 76/PAN/2025 AY: 2021-22 & 2022-23 Since facts, circumstances and matter of dispute brought in 2. this twin appeals are identical, upon rival party’s common request

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

e- 28 62/PAN/2025 2015-16 Employees Thrift AABAK8625R None Assessment And Credit Society centre, Delhi VPK Urban Co- Income Tax Officer Mr. Shyam J 29 252/PAN/2024 2015-16 AAJV0180G op Credit Ward -2(4), Panaji Kamat Society Page 3 of 36 Akshaya Co-Op credit society Limited & others. द्वारा / Represented Assessee by: Counsels as per the cause title

AKSHAYA CO-OPERATIVE CREDIT SOCIETY LIMITED,KARWAR vs. INCOME TAX OFFICER, WARD - 1(1), 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

e- 28 62/PAN/2025 2015-16 Employees Thrift AABAK8625R None Assessment And Credit Society centre, Delhi VPK Urban Co- Income Tax Officer Mr. Shyam J 29 252/PAN/2024 2015-16 AAJV0180G op Credit Ward -2(4), Panaji Kamat Society Page 3 of 36 Akshaya Co-Op credit society Limited & others. द्वारा / Represented Assessee by: Counsels as per the cause title

SHRI SHRADHA CREDIT SOUHARD SAHAKARI NIYMIT NIPANI,NIPANI vs. ITO, WARD-2 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

e- 28 62/PAN/2025 2015-16 Employees Thrift AABAK8625R None Assessment And Credit Society centre, Delhi VPK Urban Co- Income Tax Officer Mr. Shyam J 29 252/PAN/2024 2015-16 AAJV0180G op Credit Ward -2(4), Panaji Kamat Society Page 3 of 36 Akshaya Co-Op credit society Limited & others. द्वारा / Represented Assessee by: Counsels as per the cause title

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

e- 28 62/PAN/2025 2015-16 Employees Thrift AABAK8625R None Assessment And Credit Society centre, Delhi VPK Urban Co- Income Tax Officer Mr. Shyam J 29 252/PAN/2024 2015-16 AAJV0180G op Credit Ward -2(4), Panaji Kamat Society Page 3 of 36 Akshaya Co-Op credit society Limited & others. द्वारा / Represented Assessee by: Counsels as per the cause title

SHIVAGIRI CO-OP CREDIT SOCIETY LTD,BELAGAVI vs. INCOME TAX OFFICER, WARD - 1(3), 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

e- 28 62/PAN/2025 2015-16 Employees Thrift AABAK8625R None Assessment And Credit Society centre, Delhi VPK Urban Co- Income Tax Officer Mr. Shyam J 29 252/PAN/2024 2015-16 AAJV0180G op Credit Ward -2(4), Panaji Kamat Society Page 3 of 36 Akshaya Co-Op credit society Limited & others. द्वारा / Represented Assessee by: Counsels as per the cause title

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

e- 28 62/PAN/2025 2015-16 Employees Thrift AABAK8625R None Assessment And Credit Society centre, Delhi VPK Urban Co- Income Tax Officer Mr. Shyam J 29 252/PAN/2024 2015-16 AAJV0180G op Credit Ward -2(4), Panaji Kamat Society Page 3 of 36 Akshaya Co-Op credit society Limited & others. द्वारा / Represented Assessee by: Counsels as per the cause title

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

e- 28 62/PAN/2025 2015-16 Employees Thrift AABAK8625R None Assessment And Credit Society centre, Delhi VPK Urban Co- Income Tax Officer Mr. Shyam J 29 252/PAN/2024 2015-16 AAJV0180G op Credit Ward -2(4), Panaji Kamat Society Page 3 of 36 Akshaya Co-Op credit society Limited & others. द्वारा / Represented Assessee by: Counsels as per the cause title

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

e- 28 62/PAN/2025 2015-16 Employees Thrift AABAK8625R None Assessment And Credit Society centre, Delhi VPK Urban Co- Income Tax Officer Mr. Shyam J 29 252/PAN/2024 2015-16 AAJV0180G op Credit Ward -2(4), Panaji Kamat Society Page 3 of 36 Akshaya Co-Op credit society Limited & others. द्वारा / Represented Assessee by: Counsels as per the cause title

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

e- 28 62/PAN/2025 2015-16 Employees Thrift AABAK8625R None Assessment And Credit Society centre, Delhi VPK Urban Co- Income Tax Officer Mr. Shyam J 29 252/PAN/2024 2015-16 AAJV0180G op Credit Ward -2(4), Panaji Kamat Society Page 3 of 36 Akshaya Co-Op credit society Limited & others. द्वारा / Represented Assessee by: Counsels as per the cause title

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

e- 28 62/PAN/2025 2015-16 Employees Thrift AABAK8625R None Assessment And Credit Society centre, Delhi VPK Urban Co- Income Tax Officer Mr. Shyam J 29 252/PAN/2024 2015-16 AAJV0180G op Credit Ward -2(4), Panaji Kamat Society Page 3 of 36 Akshaya Co-Op credit society Limited & others. द्वारा / Represented Assessee by: Counsels as per the cause title

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

e- 28 62/PAN/2025 2015-16 Employees Thrift AABAK8625R None Assessment And Credit Society centre, Delhi VPK Urban Co- Income Tax Officer Mr. Shyam J 29 252/PAN/2024 2015-16 AAJV0180G op Credit Ward -2(4), Panaji Kamat Society Page 3 of 36 Akshaya Co-Op credit society Limited & others. द्वारा / Represented Assessee by: Counsels as per the cause title

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

e- 28 62/PAN/2025 2015-16 Employees Thrift AABAK8625R None Assessment And Credit Society centre, Delhi VPK Urban Co- Income Tax Officer Mr. Shyam J 29 252/PAN/2024 2015-16 AAJV0180G op Credit Ward -2(4), Panaji Kamat Society Page 3 of 36 Akshaya Co-Op credit society Limited & others. द्वारा / Represented Assessee by: Counsels as per the cause title

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

e- 28 62/PAN/2025 2015-16 Employees Thrift AABAK8625R None Assessment And Credit Society centre, Delhi VPK Urban Co- Income Tax Officer Mr. Shyam J 29 252/PAN/2024 2015-16 AAJV0180G op Credit Ward -2(4), Panaji Kamat Society Page 3 of 36 Akshaya Co-Op credit society Limited & others. द्वारा / Represented Assessee by: Counsels as per the cause title