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34 results for “TDS”+ Section 80P(4)clear

Sorted by relevance

Mumbai146Bangalore62Raipur52Pune34Delhi27Chennai24Ahmedabad23Kolkata21Visakhapatnam19Cochin14Surat13Jaipur12Lucknow9Nagpur9Jabalpur7Karnataka6Jodhpur4Chandigarh3Panaji3Amritsar2Indore2Rajkot1Hyderabad1Varanasi1Kerala1

Key Topics

Section 80P(2)(d)64Section 80P40Section 14829TDS27Deduction23Addition to Income20Section 4017Section 80P(2)(a)17Section 194A16Section 143(3)

DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-12 PUNE, PUNE vs. JANATA GRAHAK MADHYAWARTI SAHKARI SANGH MARYADIT, PUNE

In the result, the appeal of the Revenue in ITA No

ITA 1746/PUN/2024[2017-18]Status: DisposedITAT Pune18 Feb 2025AY 2017-18

Bench: Shri R.K. Panda & Ms. Astha Chandra

For Appellant: Shri Kishor B. PhadkeFor Respondent: Shri Amol Khairnar
Section 142(1)Section 147Section 148Section 263Section 80P(2)(d)

TDS from the interest other than interest on securities. Therefore it cannot be said that cooperative banks are excluded from the definition of cooperative societies by such an amendment. AYs. 2016-17, 2017-18 & 2020-21 30. Moreover, as reliance placed on the aforesaid decision for applicability of section 80P(4

Showing 1–20 of 34 · Page 1 of 2

16
Section 25014
Exemption11

DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 12 PUNE, PUNE vs. JANATA GRAHAK MADHYAWARTI SAHKARI SANGH MARYADIT, PUNE

In the result, the appeal of the Revenue in ITA No

ITA 1747/PUN/2024[2020-21]Status: DisposedITAT Pune18 Feb 2025AY 2020-21

Bench: Shri R.K. Panda & Ms. Astha Chandra

For Appellant: Shri Kishor B. PhadkeFor Respondent: Shri Amol Khairnar
Section 142(1)Section 147Section 148Section 263Section 80P(2)(d)

TDS from the interest other than interest on securities. Therefore it cannot be said that cooperative banks are excluded from the definition of cooperative societies by such an amendment. AYs. 2016-17, 2017-18 & 2020-21 30. Moreover, as reliance placed on the aforesaid decision for applicability of section 80P(4

DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-12 PUNE, PUNE vs. JANATA GRAHAK MADHYAWARTI SAHKARI SANGH MARYADIT, PUNE

In the result, the appeal of the Revenue in ITA No

ITA 1745/PUN/2024[2016-17]Status: DisposedITAT Pune18 Feb 2025AY 2016-17

Bench: Shri R.K. Panda & Ms. Astha Chandra

For Appellant: Shri Kishor B. PhadkeFor Respondent: Shri Amol Khairnar
Section 142(1)Section 147Section 148Section 263Section 80P(2)(d)

TDS from the interest other than interest on securities. Therefore it cannot be said that cooperative banks are excluded from the definition of cooperative societies by such an amendment. AYs. 2016-17, 2017-18 & 2020-21 30. Moreover, as reliance placed on the aforesaid decision for applicability of section 80P(4

ANAND URBAN COOPERATIVE CREDIT SOCIETY LIMITED,AURANGABAD vs. INCOME TAX OFFICER, WARD-1(5), AURANGABAD, AURANGABAD

Appeal is partly allowed for statistical purposes in above terms

ITA 137/PUN/2024[2020-21]Status: DisposedITAT Pune07 Mar 2024AY 2020-21

Bench: Shri Satbeer Singh Godara

For Appellant: CA Santosh B GarudFor Respondent: Shri Basavaraj Hiremath
Section 143(3)Section 80Section 80PSection 80P(2)(d)

TDS on payment of Audit Fees for the year. Here, the Ld. AO as well as CIT (A) has erred in disallowing the amount Rs.15,000, because Rs.50,000/- has already being disallowed by the Appellant in Income Tax Return. Since, it amounts to double disallowance of same payment, the addition needs to be deleted. 3 ITA.No.137/PUN./2024 4

ARMED FORCES EX-OFFICERS MULTISERVICES CO-OPERATIVE SOCIETY LTD,PUNE vs. INCOME TAX OFFICERS NFAC, PUNE

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

ITA 787/PUN/2024[2013-14]Status: DisposedITAT Pune27 Sept 2024AY 2013-14

Bench: SHRI R. K. PANDA (Vice President), SHRI VINAY BHAMORE (Judicial Member)

For Appellant: CA Shweta JoshiFor Respondent: Shri Ramnath P. Murkunde
Section 142(1)Section 143(2)Section 143(3)Section 147Section 148Section 80PSection 80P(2)(d)Section 80P(4)

section 147 rws 144 rws 1448 dated 26 March 2022. Also, Tax credits such as TDS Advance and self- assessment tax paid for the has not been given while computing final tax liability. 3) The appellant craves leave to add, alter, amend, modify and or delete any or all of the grounds of appeal mentioned herein above.” 3. The facts

ARMED FORCES EX OFFICERS MULTI SERVICES CO OPERATIVE SOCIETY LTD,PUNE, MAHARASHTRA vs. INCOME TAX OFFICER, NATIONAL E- ASSESSMENT CENTR, PUNE, MAHARASHTRA

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

ITA 2347/PUN/2024[2018-2019]Status: DisposedITAT Pune25 Feb 2025AY 2018-2019

Bench: Shri R. K. Panda & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.2344 To 2348/Pun/2024 & "नधा"रण वष" / Assessment Years : 2014-15 To 2016-17, 2018-19, 2020-21 & 2017-18 Armed Forces Ex Officers Vs. The Income Tax Officer, Multi Services Co-Operative Nfac. Soc, 364, Likmanya Tilak Sabha Griha, Pune – 411016. Pan: Aaaaa1185H Appellant Respondent Assessee By : Shri Shweta Joshi - Ca Revenue By : Shri Ramnath P Murkunde - Dr

For Appellant: Shri Shweta Joshi - CAFor Respondent: Shri Ramnath P Murkunde - DR
Section 142(1)Section 143(2)Section 143(3)Section 148Section 250Section 80PSection 80P(2)(d)Section 80P(4)

4) are not applicable to the co-operative societies which are not co- operative banks. The learned assessing officer erred in not taking cognisance of various case laws cited in the submission including the decision of Pune ITAT dated 07 January 2022 The learned assessing officer while relying on the decision of the Honourable High Court of Karnataka erred

ARMED FORCES EX OFFICERS MULTI SERVICES CO OPERATIVE SOC,PUNE, MAHARASHTRA vs. INCOME TAX OFFICER, NFAC, PUNE, MAHARASHTRA

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

ITA 2344/PUN/2024[2014-2015]Status: DisposedITAT Pune25 Feb 2025AY 2014-2015

Bench: Shri R. K. Panda & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.2344 To 2348/Pun/2024 & "नधा"रण वष" / Assessment Years : 2014-15 To 2016-17, 2018-19, 2020-21 & 2017-18 Armed Forces Ex Officers Vs. The Income Tax Officer, Multi Services Co-Operative Nfac. Soc, 364, Likmanya Tilak Sabha Griha, Pune – 411016. Pan: Aaaaa1185H Appellant Respondent Assessee By : Shri Shweta Joshi - Ca Revenue By : Shri Ramnath P Murkunde - Dr

For Appellant: Shri Shweta Joshi - CAFor Respondent: Shri Ramnath P Murkunde - DR
Section 142(1)Section 143(2)Section 143(3)Section 148Section 250Section 80PSection 80P(2)(d)Section 80P(4)

4) are not applicable to the co-operative societies which are not co- operative banks. The learned assessing officer erred in not taking cognisance of various case laws cited in the submission including the decision of Pune ITAT dated 07 January 2022 The learned assessing officer while relying on the decision of the Honourable High Court of Karnataka erred

ARMED FORCES EX OFFICERS MULTI SERVICES CO OPERATIVE SOC,PUNE, MAHARASHTRA vs. INCOME TAX OFFCIER, NFAC, PUNE, MAHARASHTRA

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

ITA 2345/PUN/2024[2015-2016]Status: DisposedITAT Pune25 Feb 2025AY 2015-2016

Bench: Shri R. K. Panda & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.2344 To 2348/Pun/2024 & "नधा"रण वष" / Assessment Years : 2014-15 To 2016-17, 2018-19, 2020-21 & 2017-18 Armed Forces Ex Officers Vs. The Income Tax Officer, Multi Services Co-Operative Nfac. Soc, 364, Likmanya Tilak Sabha Griha, Pune – 411016. Pan: Aaaaa1185H Appellant Respondent Assessee By : Shri Shweta Joshi - Ca Revenue By : Shri Ramnath P Murkunde - Dr

For Appellant: Shri Shweta Joshi - CAFor Respondent: Shri Ramnath P Murkunde - DR
Section 142(1)Section 143(2)Section 143(3)Section 148Section 250Section 80PSection 80P(2)(d)Section 80P(4)

4) are not applicable to the co-operative societies which are not co- operative banks. The learned assessing officer erred in not taking cognisance of various case laws cited in the submission including the decision of Pune ITAT dated 07 January 2022 The learned assessing officer while relying on the decision of the Honourable High Court of Karnataka erred

ARMED FORCES EX OFFCIERS MULTI SERVICES CO OPERATIVE SOC,PUNE, MAHARASHTRA vs. INCOME TAX OFFCIER, NFAC, PUNE

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

ITA 2346/PUN/2024[2016-2017]Status: DisposedITAT Pune25 Feb 2025AY 2016-2017

Bench: Shri R. K. Panda & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.2344 To 2348/Pun/2024 & "नधा"रण वष" / Assessment Years : 2014-15 To 2016-17, 2018-19, 2020-21 & 2017-18 Armed Forces Ex Officers Vs. The Income Tax Officer, Multi Services Co-Operative Nfac. Soc, 364, Likmanya Tilak Sabha Griha, Pune – 411016. Pan: Aaaaa1185H Appellant Respondent Assessee By : Shri Shweta Joshi - Ca Revenue By : Shri Ramnath P Murkunde - Dr

For Appellant: Shri Shweta Joshi - CAFor Respondent: Shri Ramnath P Murkunde - DR
Section 142(1)Section 143(2)Section 143(3)Section 148Section 250Section 80PSection 80P(2)(d)Section 80P(4)

4) are not applicable to the co-operative societies which are not co- operative banks. The learned assessing officer erred in not taking cognisance of various case laws cited in the submission including the decision of Pune ITAT dated 07 January 2022 The learned assessing officer while relying on the decision of the Honourable High Court of Karnataka erred

ARMED FORCES EX OFFICERS MULTI SERVICES CO OPERATIVE SOCIETY,PUNE, MAHARASHTRA vs. INCOME TAX OFFICER, NFAC, PUNE

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

ITA 2408/PUN/2024[2017-2018]Status: DisposedITAT Pune25 Feb 2025AY 2017-2018

Bench: Shri R. K. Panda & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.2344 To 2348/Pun/2024 & "नधा"रण वष" / Assessment Years : 2014-15 To 2016-17, 2018-19, 2020-21 & 2017-18 Armed Forces Ex Officers Vs. The Income Tax Officer, Multi Services Co-Operative Nfac. Soc, 364, Likmanya Tilak Sabha Griha, Pune – 411016. Pan: Aaaaa1185H Appellant Respondent Assessee By : Shri Shweta Joshi - Ca Revenue By : Shri Ramnath P Murkunde - Dr

For Appellant: Shri Shweta Joshi - CAFor Respondent: Shri Ramnath P Murkunde - DR
Section 142(1)Section 143(2)Section 143(3)Section 148Section 250Section 80PSection 80P(2)(d)Section 80P(4)

4) are not applicable to the co-operative societies which are not co- operative banks. The learned assessing officer erred in not taking cognisance of various case laws cited in the submission including the decision of Pune ITAT dated 07 January 2022 The learned assessing officer while relying on the decision of the Honourable High Court of Karnataka erred

ARMED FORCES EX OFFICERS MULTI SERVICES CO OPERATIVE SOCIETY LTD,PUNE, MAHARASHTRA vs. INCOME TAX OFFCIER, ASSESSMENT UNIT INCOME TAX DEP, PUNE

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

ITA 2348/PUN/2024[2020-2021]Status: DisposedITAT Pune25 Feb 2025AY 2020-2021

Bench: Shri R. K. Panda & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.2344 To 2348/Pun/2024 & "नधा"रण वष" / Assessment Years : 2014-15 To 2016-17, 2018-19, 2020-21 & 2017-18 Armed Forces Ex Officers Vs. The Income Tax Officer, Multi Services Co-Operative Nfac. Soc, 364, Likmanya Tilak Sabha Griha, Pune – 411016. Pan: Aaaaa1185H Appellant Respondent Assessee By : Shri Shweta Joshi - Ca Revenue By : Shri Ramnath P Murkunde - Dr

For Appellant: Shri Shweta Joshi - CAFor Respondent: Shri Ramnath P Murkunde - DR
Section 142(1)Section 143(2)Section 143(3)Section 148Section 250Section 80PSection 80P(2)(d)Section 80P(4)

4) are not applicable to the co-operative societies which are not co- operative banks. The learned assessing officer erred in not taking cognisance of various case laws cited in the submission including the decision of Pune ITAT dated 07 January 2022 The learned assessing officer while relying on the decision of the Honourable High Court of Karnataka erred

INCOME TAX OFFICER, WARD 5,SANGLI., SANGLI. vs. SHREE GANESH NAGARI SAHAKARI PAT SANSTHA MARYADIT, ASHTA,, ASHTA

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

ITA 2375/PUN/2025[2018-19]Status: DisposedITAT Pune06 Jan 2026AY 2018-19

Bench: Shri Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.2375/Pun/2025 िनधा"रण वष" / Assessment Year : 2018-19 Ito, Ward-5, Sangli. Vs. Shree Ganesh Nagari Sahakari Pat Sanstha Maryadit, Ashta, Tal. Walwa, Dist. Sangli, Sangli- 416301. Pan : Aaaas8248R Appellant Respondent C. O. No.49/Pun/2025 (Arising Out Of Ita No.2375/Pun/2025) िनधा"रण वष" / Assessment Year : 2018-19 Shree Ganesh Nagari Vs. Ito, Ward-5, Sangli. Sahakari Pat Sanstha Maryadit, Ashta, Tal. Walwa, Dist. Sangli, Sangli- 416301. Pan : Aaaas8248R Appellant Respondent Revenue By : Shri Umesh Phade Assessee By : Shri Sarang Gudhate Date Of Hearing : 25.11.2025 Date Of Pronouncement : 06.01.2026 आदेश / Order Per Vinay Bhamore, Jm: This Appeal Filed By The Revenue Is Directed Against The Order Dated 05.08.2025 Passed By Ld. Cit(A)/Nfac For The Assessment

For Appellant: Shri Sarang GudhateFor Respondent: Shri Umesh Phade
Section 143(3)Section 28Section 36(1)(va)Section 80P(2)Section 80P(2)(d)

TDS under law, such disallowance would ultimately increase assessee's profits from business of developing housing project. The ultimate profits of assessee after adjusting disallowance under section 40 (a)(ia) of the Act would quality for deduction under section 80-18 of the Act. This view was taken by the courts in the following cases: 7 C.O. No.49/PUN/2025 • Income

INCOME TAX OFFICER WARD-2, AHMEDNAGAR., AAYAKAR, BHAVAN, BEHIND NATRAJ HOTEL, AURANGABAD ROAD, AHMEDNAGAR vs. KANHUR PATHAR MULTI STATE CO-OPERATIVE CREDIT SOCIETY MARYADIT KANHUR, KANHUR DIST. AHMEDNAGAR

In the result, the appeal filed by the Revenue in ITA

ITA 765/PUN/2024[2018-19]Status: DisposedITAT Pune27 Sept 2024AY 2018-19

Bench: SHRI R. K. PANDA (Vice President), SHRI VINAY BHAMORE (Judicial Member)

For Appellant: Shri Prasad S. BhandariFor Respondent: Shri Ramnath P. Murkunde
Section 143(3)Section 80PSection 80P(2)(a)Section 80P(2)(d)

80P(4) w.e.f. 1.4.2007. The AO relied upon judgment, dated 12.01.2021, of Hon’ble Supreme Court in the case of Mavilayi Service Co-operative Bank & Ors. Vs. CIT in Civil Appeal no.7343-7350 of 2019 in this regard. (iv) Vide Finance Act 2015, the amendment to section 194A(3)(v) have excluded Co- Operative Bank from Co-operative society to deduct

INCOME TAX OFFICER WARD-2, AHMEDNAGAR., AHMEDNAGAR vs. KANHUR PATHAR MULTI STATE CO-OPERATIVE CREDIT SOCIETY MARYADIT , KANHUR, KANHUR DIST. AHMEDNAGAR

In the result, the appeal filed by the Revenue in ITA

ITA 766/PUN/2024[2020-21]Status: DisposedITAT Pune27 Sept 2024AY 2020-21

Bench: SHRI R. K. PANDA (Vice President), SHRI VINAY BHAMORE (Judicial Member)

For Appellant: Shri Prasad S. BhandariFor Respondent: Shri Ramnath P. Murkunde
Section 143(3)Section 80PSection 80P(2)(a)Section 80P(2)(d)

80P(4) w.e.f. 1.4.2007. The AO relied upon judgment, dated 12.01.2021, of Hon’ble Supreme Court in the case of Mavilayi Service Co-operative Bank & Ors. Vs. CIT in Civil Appeal no.7343-7350 of 2019 in this regard. (iv) Vide Finance Act 2015, the amendment to section 194A(3)(v) have excluded Co- Operative Bank from Co-operative society to deduct

INCOME TAX OFFICER, BODHI TOWER vs. KUMAR BUILDERS PROJECT PUNE PRIVATE LIMITED, BUND GARDEN

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

ITA 199/PUN/2025[2019-20]Status: DisposedITAT Pune11 Jun 2025AY 2019-20

Bench: Shri R. K. Panda & Ms Astha Chandraassessment Year : 2019-20

For Appellant: Shri Nikhil S PathakFor Respondent: Shri Ramnath P Murkunde
Section 139(1)Section 139(4)Section 80ISection 80P

TDS credit of Rs.4,02,541/- thereby claiming a refund of Rs.4,02,541/-. The return was revised on 06.03.2020 claiming income tax refund of Rs.2541/- and carry forward loss of Rs.3,95,51,713/-. However, the CPC did not allow the claim of carry forward 2 business loss of Rs.3,95,51,713/- as claimed in the return

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, AURANGABAD., AURANGABAD. vs. TAPADIYA CONSTRUCTION LTD, AURANGABAD

In the result, appeal of the Revenue is dismissed

ITA 1375/PUN/2024[2019-20]Status: DisposedITAT Pune03 Jun 2025AY 2019-20

Bench: Dr. Manish Borad & Shri Vinay Bhamore

For Appellant: Shri Vipul Joshi, AdvocateFor Respondent: Shri Ganesh B. Budruk, Addl.CIT
Section 132Section 269SSection 271D

TDS @1% u/s 1941A would also be required to be deducted for extra amenities such as club membership fees, car parking fee, electricity and water facility. maintenance fee or any other charges of similar nature paid at the time of purchase of property which are incidental to transfer of the immovable property. From the above it is clear that there

TULAI NAGARI SAHAKARI PATSANSTHA MARYADIT TULJAPUR,OSMANABAD vs. ITO WARD 1 LATUR, LATUR

In the result, the appeal of the assessee is Partly Allowed

ITA 2081/PUN/2024[2020-21]Status: DisposedITAT Pune29 Nov 2024AY 2020-21

Bench: DR.DIPAK P. RIPOTE (Accountant Member), SHRI VINAY BHAMORE (Judicial Member)

Section 250Section 80P

80P of Rs.6,43,237/- 4.1 Submission in the Assessment and Appellate Proceedings In Assessment Proceedings and in the appellate proceedings assessee submitted the nature of each activity as under: a. Recovery of Commission Rs.4,95,102/- Commission income is earned from our members only. Our society had scheme namely pigmy deposit scheme. Under pigmy deposit scheme, society staff visits

MAHESH URBAN CO OPERATIVE BANK LTD,SOLAPUR vs. ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE -2, SOLAPUR

Appeal is partly allowed in above terms

ITA 583/PUN/2020[2011-12]Status: DisposedITAT Pune29 Aug 2022AY 2011-12

Bench: Shri S.S.Godara, Jm & Shri Dr. Dipak P. Ripote, Am आयकर अपीऱ सं. / Ita No.583/Pun/2020 ननधधारण वषा / Assessment Year : 2011-12 Mahesh Urban Co-Operative Bank Ltd., 128, Near Old Faujdar, Shukruwar Peth, Solapur – 413 002. .......अपऩलधथी / Appellant Pan : Aaaam0511H

For Appellant: Shri Pramod ShingteFor Respondent: Shri Arvind Desai
Section 119Section 143(3)Section 194Section 194ASection 36Section 36(1)(vii)Section 40Section 80P

section 80P deduction claim, against the department. 4. The factual position is hardly different on merits as well wherein Mr.Desai strongly supported the learned lower authorities’ conclusion that the assessee had failed to deduct TDS

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE 1, INCOME TAX DEPARTMENT vs. MANORAMA COOP BANK LTD, SOLAPUR

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

ITA 2157/PUN/2024[2013-14]Status: DisposedITAT Pune22 Apr 2025AY 2013-14

Bench: Shri Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.2157/Pun/2024 िनधा"रण वष" / Assessment Year : 2013-14 Acit, Cricle-2, Solapur. Vs. Manorama Co-Op. Bank Ltd., Plot 4, 5, 6 Vijapur Road, Indiranagar S.O., Maharashtra- 413004. Pan : Aajfm6823C Appellant Respondent Revenue By : Ms. Shilpa N. C. Assessee By : Shri Pramod S. Shingte Date Of Hearing : 22.01.2025 Date Of Pronouncement : 22.04.2025 आदेश / Order Per Vinay Bhamore, Jm: This Appeal Filed By The Revenue Is Directed Against The Order Dated 15.07.2024 Passed By Ld. Cit(A)/Nfac For The Assessment Year 2013-14. 2. The Revenue Has Raised The Following Grounds Of Appeal :- “1) The Ld Cit(A), Nfac Has Erred In Admitting This Exemption U/S 194A (3)(V) To The Assessee For Non-Deduction Of Tds On Interest Credits Of Nominal Members Who Are Not Actual Member As Per Definition Of Person Who Is Eligible For Membership As Per Clause

For Appellant: Shri Pramod S. ShingteFor Respondent: Ms. Shilpa N. C
Section 143(2)Section 143(3)Section 147Section 148Section 194ASection 194A(3)(v)Section 40

TDS on interest payment made to members/non-members is covered by the decision of the Hon'ble ITAT Pune 'B' Bench rendered in the case of Nilkanth Urban Co-operative Bank Ltd. vs. ACIT [2020] 119 taxmann.com 369 (Pune Trib.). The facts of this case were that the assessee, a Co-operative Bank, filed its return declaring total income

SOLAPUR JANATA SAHAKARI BANK LTD,PUNE vs. ACIT., CIR-2, SOLAPUR

In the result, the appeal filed by the assessee in ITA

ITA 24/PUN/2021[2011-12]Status: DisposedITAT Pune18 Jul 2022AY 2011-12

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

For Appellant: Shri Pramod Shingte
Section 148Section 194ASection 40

80P(2)(a)(i).” 10. In the present case also, the provisions of Maharashtra Cooperative Societies Act provides that the members includes nominal members and, therefore, we do not see any reason as to why the exemption under clause (v) of sub-section (3) of section 194A of the Act cannot be given in the case of members referred