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31 results for “section 68”+ Section 36(1)(vii)clear

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Key Topics

Condonation of Delay29Section 143(1)2Section 143(2)2Section 14A2Capital Gains2Short Term Capital Gains2Business Income2Disallowance2Addition to Income

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

ITA 116/PAN/2018[2010-11]Status: DisposedITAT Panaji12 Sept 2022AY 2010-11

Bench: Shri Chandra Mohan Garg & Shri Girish Agrawal

For Appellant: Sh. Nishant Thakkar, AdvocateFor Respondent: Sh. Ranjan Kumar, CIT-DR
Section 143(1)Section 143(2)Section 14A

68 ITR 585 c. Matheson Bosanquet Enterprises Ltd., Vs. DCIT (Mad) 316 ITR 375 V) Transaction in exchange traded derivatives - life of short duration and they do not yield any income like dividend - Income can be derived only on their purchases and sales and so they are held only as stock-in-trade - Hence the income from such transactions

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

Showing 1–20 of 31 · Page 1 of 2

2

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

ITA 105/PAN/2018[2010-11]Status: DisposedITAT Panaji12 Sept 2022AY 2010-11

Bench: Shri Chandra Mohan Garg & Shri Girish Agrawal

For Appellant: Sh. Nishant Thakkar, AdvocateFor Respondent: Sh. Ranjan Kumar, CIT-DR
Section 143(1)Section 143(2)Section 14A

68 ITR 585 c. Matheson Bosanquet Enterprises Ltd., Vs. DCIT (Mad) 316 ITR 375 V) Transaction in exchange traded derivatives - life of short duration and they do not yield any income like dividend - Income can be derived only on their purchases and sales and so they are held only as stock-in-trade - Hence the income from such transactions

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

ITA 36/PAN/2025[2014-15]Status: DisposedITAT Panaji28 Nov 2025AY 2014-15

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

vii) Where the cooperative society earns / receives interest on deposits maintained with the nationalized banks / scheduled banks/ non cooperative banks. 4.On the above seven disputed issues, The Ld. AR’S representing the respective assesee’s in the above appeals have made common elaborate submissions and also filed the written submissions and the revenue has also filed the common reply

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

ITA 40/PAN/2025[2017-2018]Status: DisposedITAT Panaji28 Nov 2025AY 2017-2018

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

vii) Where the cooperative society earns / receives interest on deposits maintained with the nationalized banks / scheduled banks/ non cooperative banks. 4.On the above seven disputed issues, The Ld. AR’S representing the respective assesee’s in the above appeals have made common elaborate submissions and also filed the written submissions and the revenue has also filed the common reply

VARDHAMAN URBAN CO-OP CREDIT SOCIETY LTD,BELGAUM 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

ITA 42/PAN/2025[2017-2018]Status: DisposedITAT Panaji28 Nov 2025AY 2017-2018

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

vii) Where the cooperative society earns / receives interest on deposits maintained with the nationalized banks / scheduled banks/ non cooperative banks. 4.On the above seven disputed issues, The Ld. AR’S representing the respective assesee’s in the above appeals have made common elaborate submissions and also filed the written submissions and the revenue has also filed the common reply

KAIGA PROJECT EMPLOYEES THRIFT AND CREDIT SOCIETY,KARWAR 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

ITA 62/PAN/2025[2015-16]Status: DisposedITAT Panaji28 Nov 2025AY 2015-16

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

vii) Where the cooperative society earns / receives interest on deposits maintained with the nationalized banks / scheduled banks/ non cooperative banks. 4.On the above seven disputed issues, The Ld. AR’S representing the respective assesee’s in the above appeals have made common elaborate submissions and also filed the written submissions and the revenue has also filed the common reply

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

ITA 152/PAN/2024[2020-21]Status: DisposedITAT Panaji28 Nov 2025AY 2020-21

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

vii) Where the cooperative society earns / receives interest on deposits maintained with the nationalized banks / scheduled banks/ non cooperative banks. 4.On the above seven disputed issues, The Ld. AR’S representing the respective assesee’s in the above appeals have made common elaborate submissions and also filed the written submissions and the revenue has also filed the common reply

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

ITA 285/PAN/2024[2016-17]Status: DisposedITAT Panaji28 Nov 2025AY 2016-17

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

vii) Where the cooperative society earns / receives interest on deposits maintained with the nationalized banks / scheduled banks/ non cooperative banks. 4.On the above seven disputed issues, The Ld. AR’S representing the respective assesee’s in the above appeals have made common elaborate submissions and also filed the written submissions and the revenue has also filed the common reply

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

ITA 41/PAN/2025[2018-2019]Status: DisposedITAT Panaji28 Nov 2025AY 2018-2019

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

vii) Where the cooperative society earns / receives interest on deposits maintained with the nationalized banks / scheduled banks/ non cooperative banks. 4.On the above seven disputed issues, The Ld. AR’S representing the respective assesee’s in the above appeals have made common elaborate submissions and also filed the written submissions and the revenue has also filed the common reply

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

ITA 286/PAN/2024[2017-18]Status: DisposedITAT Panaji28 Nov 2025AY 2017-18

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

vii) Where the cooperative society earns / receives interest on deposits maintained with the nationalized banks / scheduled banks/ non cooperative banks. 4.On the above seven disputed issues, The Ld. AR’S representing the respective assesee’s in the above appeals have made common elaborate submissions and also filed the written submissions and the revenue has also filed the common reply

SHREE MAHILA CREDIT SOUHARD SAHAKARI SANGH NIYAMIT,BELAGAVI vs. ITO WARD 1 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

ITA 117/PAN/2024[2018-19]Status: DisposedITAT Panaji28 Nov 2025AY 2018-19

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

vii) Where the cooperative society earns / receives interest on deposits maintained with the nationalized banks / scheduled banks/ non cooperative banks. 4.On the above seven disputed issues, The Ld. AR’S representing the respective assesee’s in the above appeals have made common elaborate submissions and also filed the written submissions and the revenue has also filed the common reply

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

ITA 255/PAN/2024[2015-16]Status: DisposedITAT Panaji28 Nov 2025AY 2015-16

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

vii) Where the cooperative society earns / receives interest on deposits maintained with the nationalized banks / scheduled banks/ non cooperative banks. 4.On the above seven disputed issues, The Ld. AR’S representing the respective assesee’s in the above appeals have made common elaborate submissions and also filed the written submissions and the revenue has also filed the common reply

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

ITA 158/PAN/2023[2014-15]Status: DisposedITAT Panaji28 Nov 2025AY 2014-15

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

vii) Where the cooperative society earns / receives interest on deposits maintained with the nationalized banks / scheduled banks/ non cooperative banks. 4.On the above seven disputed issues, The Ld. AR’S representing the respective assesee’s in the above appeals have made common elaborate submissions and also filed the written submissions and the revenue has also filed the common reply

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

ITA 161/PAN/2023[2020-21]Status: DisposedITAT Panaji28 Nov 2025AY 2020-21

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

vii) Where the cooperative society earns / receives interest on deposits maintained with the nationalized banks / scheduled banks/ non cooperative banks. 4.On the above seven disputed issues, The Ld. AR’S representing the respective assesee’s in the above appeals have made common elaborate submissions and also filed the written submissions and the revenue has also filed the common reply

HAVYAKA CREDIT SOUHARDA SAHAKARI NIYAMITA,KUMTA vs. INCOME TAX OFFICER WARD-2 KARWAR, 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

ITA 60/PAN/2025[2017-18]Status: DisposedITAT Panaji28 Nov 2025AY 2017-18

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

vii) Where the cooperative society earns / receives interest on deposits maintained with the nationalized banks / scheduled banks/ non cooperative banks. 4.On the above seven disputed issues, The Ld. AR’S representing the respective assesee’s in the above appeals have made common elaborate submissions and also filed the written submissions and the revenue has also filed the common reply

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

ITA 151/PAN/2024[2018-19]Status: DisposedITAT Panaji28 Nov 2025AY 2018-19

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

vii) Where the cooperative society earns / receives interest on deposits maintained with the nationalized banks / scheduled banks/ non cooperative banks. 4.On the above seven disputed issues, The Ld. AR’S representing the respective assesee’s in the above appeals have made common elaborate submissions and also filed the written submissions and the revenue has also filed the common reply

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

ITA 138/PAN/2024[2017-18]Status: DisposedITAT Panaji28 Nov 2025AY 2017-18

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

vii) Where the cooperative society earns / receives interest on deposits maintained with the nationalized banks / scheduled banks/ non cooperative banks. 4.On the above seven disputed issues, The Ld. AR’S representing the respective assesee’s in the above appeals have made common elaborate submissions and also filed the written submissions and the revenue has also filed the common reply

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

ITA 272/PAN/2024[2017-18]Status: DisposedITAT Panaji28 Nov 2025AY 2017-18

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

vii) Where the cooperative society earns / receives interest on deposits maintained with the nationalized banks / scheduled banks/ non cooperative banks. 4.On the above seven disputed issues, The Ld. AR’S representing the respective assesee’s in the above appeals have made common elaborate submissions and also filed the written submissions and the revenue has also filed the common reply

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

ITA 252/PAN/2024[2015-16]Status: DisposedITAT Panaji28 Nov 2025AY 2015-16

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

vii) Where the cooperative society earns / receives interest on deposits maintained with the nationalized banks / scheduled banks/ non cooperative banks. 4.On the above seven disputed issues, The Ld. AR’S representing the respective assesee’s in the above appeals have made common elaborate submissions and also filed the written submissions and the revenue has also filed the common reply

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

ITA 144/PAN/2024[2018-19]Status: DisposedITAT Panaji28 Nov 2025AY 2018-19

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

vii) Where the cooperative society earns / receives interest on deposits maintained with the nationalized banks / scheduled banks/ non cooperative banks. 4.On the above seven disputed issues, The Ld. AR’S representing the respective assesee’s in the above appeals have made common elaborate submissions and also filed the written submissions and the revenue has also filed the common reply