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3 results for “house property”+ Section 80P(2)(a)clear

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Key Topics

Section 80P(2)(a)7Section 80P7Section 2504Deduction3Addition to Income3Section 143(3)2Section 143(2)2Disallowance2

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

ITA 226/VIZ/2023[2016-17]Status: DisposedITAT Visakhapatnam18 Sept 2025AY 2016-17
Section 143(2)Section 143(3)Section 250Section 80PSection 80P(2)(a)

80P(2)(a)(i) of the Act was denied. In order to support the contention that\nthe deposits received and loans granted were only to the members of the society,\nthe assessee placed on record a declaration issued by the Statutory Auditor, which\nis reproduced as follows: -\n"1. I, J. Radhakrishna, being the Statutory Auditor of Eluru Cooperative\nHouse

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

ITA 225/VIZ/2023[2015-16]Status: DisposedITAT Visakhapatnam
18 Sept 2025
AY 2015-16
Section 143(2)Section 143(3)Section 250Section 80PSection 80P(2)(a)

house property.\n•\nLoans are granted against the mortgage of the property in favour of\nthe Society.\n•\nThese members are entitled to receive dividends and also have\nvoting rights in the Society.\n(b) \"B\" Class Members\n•\nAdmission to this category requires payment of a membership fee of\nRs. 10/-.\nPage No. 7\n•\nUpon payment

THE RUDRAPAKA PRIMARY AGRICULTURAL COOPERATIVE SOCIETY LIMITED H1249,MACHILIPATNAM vs. INCOME TAX OFFICER, WARD-1, GUDIVADA

ITA 162/VIZ/2024[2021-22]Status: DisposedITAT Visakhapatnam17 Oct 2025AY 2021-22

Bench: SHRI G. MANJUNATHA, HON’BLE (Accountant Member), SHRI RAVISH SOOD, HON’BLE (Judicial Member)

Section 80PSection 80P(2)Section 80P(2)(a)

house property”, and denied the claim under Section 80P(2)(a)(i) of the Act. 3. Aggrieved by the assessment