PANDALAPAKA PRIMARY AGRICULTURAL CO-OP SOCIETY LTD,EAST GODAVARI vs. INCOME-TAX OFFICER, WARD-1, KAKINADA

disallowance\nof interest under section 80P(2)(d) of the Act consideringthe interest received\nfrom a cooperative bank is not eligible for deduction u/s 80P(2)(d) of the Act.\nOn this issue, Ld. Authorised Representative [hereinafter “Ld.AR"] submitted\nthat the assessee is a cooperative society registered under the Registrar of\nCooperative Societies, Government of AP. Ld.AR further submitted that

NO H 1043 BHUJABALAPATNAM PRIMARY AGRICULTURE COOPERATIVE CREDIT SOCIETY LTD,KRISHNA DIST vs. INCOME TAX OFFICER, WARD-1, GUDIWADA

In the result, the appeal filed by the assessee is allowed

Bench: The Tribunal. The Petitioner/Appellant Society Has Filed An Affidavit Explaining The Reasons For The Delay In Filing The Appeal Before The Tribunal, Wherein It Was Submitted That The Order Passed By The Ld. Cit(A) Was Sent To The Email Of Its Then Ar, Ca B.V. Rao, Instead Of Its Email "Krishnapacs085@Gmail.Com," As Had Been Requested By It. The Appellant Society Came To Know Of The Order Only When Itd Officials Called Upon It To Pay The Tax Arrears. It Further Submitted That, Due To The Above Circumstances Beyond Its Control & Prayed That The Delay Of 69 Days In Filing The Appeal Before The Tribunal May Please Be Condoned In The Interest Of Justice & That The Appeal Be Decided On Merits.

disallowance of deduction under Section 80P(2)(a)(i), even though the assessee has claimed the said deduction in the return of income filed on 15-12-2019, although belatedly, before the A.O. had completed the assessment under Section 143(3) of the Act. The learned counsel for the assessee further submitted that this issue is squarely covered

GOWRIPATNAM PRIMARY AGRICULTURAL COOPERATIVE CREDIT SOCIETY LIMITED,GOWRIPATNAM vs. ITO, WARD-1, TADEPALLIGUDEM

disallowance of deduction claimed by the assessee under section 80P\nof the Act.\n9. At the outset, the Learned Authorized Representative [Ld. AR] argued\nthat the assessee is a Primary Agricultural Credit Society Limited and claimed\ndeduction under section 80P of the Act for the A.Y.2015-16. Ld.AR submitted\nthat Ld. AO/Ld. CIT(A) erred in appraising that the return filed

GOWRIPATNAM PRIMARY AGRICULTURAL COOPERATIVE CREDIT SOCIETY LIMITED,GOWRIPATNAM vs. ITO, WARD-1, TADEPALLIGUDEM

disallowance was primarily based on the ground that the return of income was filed belatedly in response to a notice under Section 148, and not within the due date prescribed under Section 139(1).", "held": "The Tribunal held that for Assessment Years 2015-16 and 2016-17, the assessee is entitled to claim deduction under Section 80P(2

GOWRIPATNAM PRIMARY AGRICULTURAL COOPERATIVE CREDIT SOCIETY LIMITED,GOWRIPATNAM vs. ITO, WARD-1, TADEPALLIGUDEM

disallowance of deduction claimed by the assessee under section 80P\nof the Act.\n9.\nAt the outset, the Learned Authorized Representative [Ld. AR] argued\nthat the assessee is a Primary Agricultural Credit Society Limited and claimed\ndeduction under section 80P of the Act for the A.Y.2015-16. Ld.AR submitted\nthat Ld. AO/Ld. CIT(A) erred in appraising that the return filed

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1), VIJAYAWADA vs. THE KRISHNA DISTRICT MILK PRODUCERS MUTUALLY AIDED CO OP UNION LIMITED, VIJAYAWADA

c)\n(d) in respect of any income by way of interest or dividends\nderived by the co-operative society from its investments with any\nother co-operative society, the whole of such income;”\n10. From the bare reading of the provisions of section 80P(2)(d) of the\nAct, assessee should satisfy two conditions namely (i) income

BHEEMUNIPATNAM MUTUALLY AIDED COOPERATIVE BUILDING SOCIETY LIMITED,VISAKHAPATNAM vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-3(1), VISAKHAPATNAM

In the result, appeal of the assessee is allowed

Bench: Shri K. Narasimha Chary, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपीलसं./I.T.A. Nos. 175, 176 & 177/Viz/2024 (निर्धारण वर्ा/ Assessment Years: 2017-18, 2018-19 & 2020-21) Bheemunipatnam Mutually Aided V. Dcit / Acit, Circle – 3(1) Cooperative Building Society Limited Income Tax Office H.No. 10-36-284 Infinity Towers, Sankaramatam Road Bheemunipatnam – 531163 Visakhapatnam – 530016 Andhra Pradesh Visakhapatnam, Andhra Pradesh [Pan: Aaaat5114H] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

disallowance of interest under section 80P(2)(d) of the Act consideringthe interest received from a cooperative bank is not eligible for deduction u/s 80P(2)(d) of the Act. On this issue, Ld. Authorised Representative [hereinafter “Ld.AR”] submitted that the assessee is a cooperative society registered under the District Cooperative Officer, Visakhapatnam. Ld.AR further submitted that the assessee Page

BHEEMUNIPETAM MUTUALLY AIDED COOPERATIVE BUILDING SOCIETY LIMITED,VISAKHAPATNAM vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-3(1), VISAKHAPATNAM

In the result, appeal of the assessee is allowed

Bench: Shri K. Narasimha Chary, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपीलसं./I.T.A. Nos. 175, 176 & 177/Viz/2024 (निर्धारण वर्ा/ Assessment Years: 2017-18, 2018-19 & 2020-21) Bheemunipatnam Mutually Aided V. Dcit / Acit, Circle – 3(1) Cooperative Building Society Limited Income Tax Office H.No. 10-36-284 Infinity Towers, Sankaramatam Road Bheemunipatnam – 531163 Visakhapatnam – 530016 Andhra Pradesh Visakhapatnam, Andhra Pradesh [Pan: Aaaat5114H] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

disallowance of interest under section 80P(2)(d) of the Act consideringthe interest received from a cooperative bank is not eligible for deduction u/s 80P(2)(d) of the Act. On this issue, Ld. Authorised Representative [hereinafter “Ld.AR”] submitted that the assessee is a cooperative society registered under the District Cooperative Officer, Visakhapatnam. Ld.AR further submitted that the assessee Page

BHEEMUNIPATNAM MUTUALLY AIDED COOPERATIVE BUILDING SOCIETY LIMITED,VISAKHAPATNAM vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-3(1), VISAKHAPATNAM

In the result, appeal of the assessee is allowed

Bench: Shri K. Narasimha Chary, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपीलसं./I.T.A. Nos. 175, 176 & 177/Viz/2024 (निर्धारण वर्ा/ Assessment Years: 2017-18, 2018-19 & 2020-21) Bheemunipatnam Mutually Aided V. Dcit / Acit, Circle – 3(1) Cooperative Building Society Limited Income Tax Office H.No. 10-36-284 Infinity Towers, Sankaramatam Road Bheemunipatnam – 531163 Visakhapatnam – 530016 Andhra Pradesh Visakhapatnam, Andhra Pradesh [Pan: Aaaat5114H] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

disallowance of interest under section 80P(2)(d) of the Act consideringthe interest received from a cooperative bank is not eligible for deduction u/s 80P(2)(d) of the Act. On this issue, Ld. Authorised Representative [hereinafter “Ld.AR”] submitted that the assessee is a cooperative society registered under the District Cooperative Officer, Visakhapatnam. Ld.AR further submitted that the assessee Page

THE ELURU CO OPERATIVE HOUSE MORTGAGE SOCIETY LTD,ELURU vs. INCOME TAX OFFICER , ELURU

In the result, appeal of the Revenue is dismissed

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./ I.T.A. No.10/Viz/2024 (िनधा"रण वष" / Assessment Year : 2018-19) The Eluru Cooperative House Vs. Income Tax Officer, Mortgage Society Limited, Eluru. Eluru. Pan: Aacat0060G (अपीलाथ"/ Appellant) (""यथ"/ Respondent) अपीलाथ" क" ओर से/ Appellant By : Sri C. Subrahmanyam, Ar ""याथ" क" ओर से / Respondent By : Dr. Satyasai Rath, Cit-Dr सुनवाई क" तारीख / Date Of Hearing : 23/07/2024 घोषणा क" तारीख/Date Of : 26/07/2024 Pronouncement O R D E R

C. Subrahmanyam, AR ""याथ" क" ओर से / Respondent by : Dr. Satyasai Rath, CIT-DR सुनवाई क" तारीख / Date of Hearing : 23/07/2024 घोषणा क" तारीख/Date of : 26/07/2024 Pronouncement O R D E R PER DUVVURU RL REDDY, Judicial Member : This appeal is filed by the assessee is against the order of the Learned Principal Commissioner of Income Tax-1, Visakhapatnam

OMMI SANDEEP,VIZIANAGARAM vs. INCOME TAX OFFICER, WARD-1, VIZIANAGARAM

c. Subrahmanyam, CA\nDr. Aparna Villuri, Sr.AR\n16.12.2025\n24.02.2026\nआदेश /ORDER\nPER OMKARESHWAR CHIDARA, ACCOUNTANT MEMBER:\n1. The present appeal is filed by the assessee against the impugned order\ndated 31.10.2025, passed under section 250 of the Income Tax Act, 1961 (in short\n'Act') by the Learned Commissioner of Income Tax (Appeals), National Faceless\nAppeal Centre, Delhi [hereinafter

SREE SHANTINATH MUNISUVARAT SWAMY RAJENDRA SURI JAIN TRUST,TANUKU vs. COMMISSIONER OF INCOME TAX (EXEMPTIONS), HYDERABAD, TANUKU

disallowed the claim of the appellant\nin accordance with the provisions of Section 80A(5) of the Act. It is further\nsubmitted that in accordance with the provisions of Section 80A(5) of the\nAct, where the assessee fails to make a claim in his return of income for\nany deduction under section 10A or section 10AA or section

THE ELURU COOPERATIVE HOUSE MORTGAGE SOCIETY LTD.,,ELURU vs. INCOME-TAX OFFICER, WARD - 1,, ELURU

C. Subrahmanyam, CA\nDr. Aparna Villuri, Sr.AR\nसुनवाई समाप्त होने की तिथि/ Date of Conclusion of Hearing\n: 15.09.2025\nघोषणा की तारीख/Date of Pronouncement\n: 18.09.2025\nआदेश / ORDER\nPER SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER:\n1. The assessee has filed the present appeals against the separate impugned\norders of even date 28.06.2023 passed under section 250 of the Income

NO 368 KOLAKALURU PRIMARY AGRICULTURAL CO OPERATIVE CREDIT SOCIETY LIMITED,GUNTUR vs. INCOME TAX OFFICER, WARD-1, TENALI

In the result, the appeal filed by the assessee society is allowed in terms of our aforesaid observations

Bench: Shri Ravish Sood & Shri Balakrishnan S.आ.अपी.सं /Ita No.456/Viz/2025 (िनधा"रण वष"/Assessment Year:2019-20) No.368 Kolakaluru Primary Vs. Income Tax Officer, Agricultural Cooperative Ward-1, Credit Society Limited, Tenali. Tenali. Pan: Aaban6994Q (Appellant) (Respondent) िनधा"रती "ारा/Assessee By: Shri Gvn Hari, Advocate राज" व "ारा/Revenue By: Dr. Aparna Villuri, Sr. Ar सुनवाई की तारीख/Date Of 04/11/2025 Hearing: घोषणा की तारीख/Date Of 05/12/2025 Pronouncement: आदेश / Order Per. Ravish Sood, Jm: The Present Appeal Filed By The Assessee Society Is Directed Against The Order Passed By The Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre, Delhi, Dated 08/07/2025, Which In Turn Arises From The Order Passed By The Assessing Officer Under Section 147 R.W Section 144B Of The Income Tax Act, 1961 (For Short, “The Act”), Dated

disallowance of deduction claimed u/s 80P(2)(a)(i) of the Act. 4. Any other ground that may be urged at the time of appeal hearing." 2. Succinctly stated, the AO based on information disseminated in accordance with the Risk Management Strategy (RMS), which revealed that the assessee society had during the subject year made cash deposits/withdrawals aggregating

THE TELECOM OFFICERS & BSNL NON EXECUTIVE EMPLOYEES COOP CR SOCIETY LIMITED,VISAKHAPATNAM vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1), VISAKHAPATNAM

In the result, appeal of the assessee is allowed

Bench: Shri K. Narasimha Chary & Shri S. Balakrishnan

disallowance. 4. Submission of the learned AR is that the assessee is a Credit Cooperative Society as is evident from the registration of the society, funds deposited are the own funds of the assessee, namely, the surplus funds which are not to be utilised in the near future in the nationalised bank and, therefore, such deposit has nexus with

THE VISAKHAPATNAM PORT TRUST EMPLOYEES CREDIT CO-OPERATIVE SOCIETY ,VISAKHAPATNAM vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1), VISAKHAPATNAM

In the result, appeal of the assessee is allowed

Bench: Shri K.Narasimha Chary & Shri Balakrishnan S.

disallowance. 4. Submission of the learned AR is that the assessee is an employees’ Cooperative Society as is evident from the registration of the society, funds deposited are the own funds of the assessee, namely, the surplus funds which are not to be utilised in the near future in the nationalised bank and, therefore, such deposit has nexus with

THE KRISHNA FARMERS SERVICE COOPERATIVE SOCIETY LIMITED,JAGGAIAHPET vs. INCOME TAX OFFICER, WARD -1(3), VIJAYAWADA

In the result, appeal of the assessee is allowed for statistical purposes

Bench: Shri Ravish Sood, Hon’Ble & Shri S Balakrishnan, Hon’Ble

disallowance of deduction claimed by the assessee under section 80P of the Act. 6. At the outset, the Learned Authorized Representative [Ld. AR] argued that the assessee is a Society and claimed deduction under section 80P of the Act for the AY 2017-18, while filing the return of income in response to notice

THE ELURU COOPERATIVE HOUSE MORTGAGE SOCIETY LIMITED,ELURU vs. INCOME-TAX OFFICER, WARD - 1,, ELURU

C. Subrahmanyam, CA\nDr. Aparna Villuri, Sr.AR\nसुनवाई समाप्त होने की तिथि/ Date of Conclusion of Hearing\n: 15.09.2025\nघोषणा की तारीख/Date of Pronouncement\n: 18.09.2025\nआदेश /ORDER\nPER SHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER:\n1. The assessee has filed the present appeals against the separate impugned\norders of even date 28.06.2023 passed under section 250 of the Income