THE GRAMIN SEVA SAHAKARI SAMITI MARYADIT,RAIPUR (CG) vs. THE INCOME TAX OFFICER 1(3), RAIPUR (CG)
In the result, the appeal filed by the assessee is allowed for statistical purposes
ITA 31/BIL/2016[2011-12]Status: DisposedITAT Raipur22 Oct 2018AY 2011-12
Bench: Shri R.K. Panda & Ms Suchitra Kambleassessment Year: 2011-12 Gramin Seva Sahakari Samiti Maryadit, Vs. Income Tax Officer 1(3), Vill. Mohda Tilda, Aaykar Bhavan, Raipur, Civil Lines, Raipur (Cg). Raipur, Pan: Aaaag9755H Raipur (Cg).
For Appellant: Shri G.S. Agrawal, CAFor Respondent: Shri P.K. Mishra, CIT, DR
Section 28Section 56Section 80Section 80PSection 80P(2)(a)
251 ITR 194(SC) and CIT Vs Ramanathapuram
District Cooperative Central Bank Ltd (2002) 255 ITR 423 (SC) which are all in the status of cooperative banks. In none of the cases of any cooperative society, income of interest and dividend has been held as 7
exempt u/s 80P. It is due to the reason that cooperative societies
