2020 (6) TMI 510

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....ner : Sri Shivaraj S. Balloli, Smt. Pooja S. Balloli, Advocates For the Respondents : Sri M.B. Kanavi, Advocate, Sri.Y.V. Raviraj, Advocate, Sri Praveen K. UPPAR, HCGP ORDER The petitioner Shri Vitthalray Souharda Pattin Sahakari Niyamit, is a society registered under the Karnataka Souharda Sahakari Act, 19978 (hereinafter referred to as the 'Souharda Act') engaged in the business of ba....

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....counsel Sri.Y.V.Raviraj has accepted the notice for respondent Nos.2 and 3 and learned counsel Sri.M.B.Kanavi has accepted the notice for respondent No.1. 3. The subject matter of this writ petition is substantially identical to the one stated in Writ Petition No.48414 of 2018(T-TI) between M/s Swabhimani Souharda Credit Cooperative Ltd vs. Government of Indian and others disposed of vide order d....

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....ramed the following issue for its consideration :  "Whether an entity registered under the Karnataka Souharda Sahakari Act, 1997 fits into the definition of "co-operative society" as enacted by Section 2(19) of the Income Tax Act, 1961 for the purpose of Section 80P thereof". 7. On referring to the relevant provisions of Karnataka Souharda Sahakari Act, 1997, Karnataka Cooperative Societie....

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....petitioner-like-societies have been left to be addressed by the concerned authorities." 8. The substantial question of law being the same in the present writ petition. The decisions rendered by the Principal Bench in the aforesaid writ petitions are aptly applicable and holds good. Hence, the present writ petition deserves to be disposed of in terms of the order dated 16.01.2020 in Writ Petition ....