TaxTMI 
TaxTMI 
2023 (12) TMI 1315
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....ubramanian S, Addl. CIT (DR) ORDER PER MADHUMITA ROY, JUDICIAL MEMBER The appeal filed by the Revenue is directed against the order dated 06/09/2023 passed by the National Faceless Appeal Centre (NFAC), Delhi vide DIN and Order No.ITBA/NFAC/S/250/2023-24/1055799399(1) arising out of the order dated 30/12/2019 passed by the ITO, Ward-7(2)(4) u/s 143(3) of the Act for assessment year 2017-18 wher....
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....n assessee's case for asst. Year 2012-13 and 2014-15 by the CIT(A),NFAC. In that view of the matter, following the decision taken by the predecessor, the present CIT(A), NFAC, Delhi has passed order in favour of the assessee allowing the deduction u/s 80P(2)(1) of the Act. 4. At the time of hearing of instant appeal, the ld.Counsel for the assessee submitted before us that sec. 80P(2)(a)(i) of th....
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....y the co-operative society was attributable to the business activity of the appellant and a good portion of the said interest income was also from the investment with the other co-operative societies which is exempt u/s. 80P(2)(a)(i) of the Act. The assessee relied upon the judgement passed by the Hon'ble jurisdictional High Court in case of M/s. Guttigedarara Credit Cooperative Ltd. in ITA No....
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....the judgment passed by the Hon'ble jurisdictional High Court in case of M/s. Guttigedarara Credit Cooperative Ltd. (supra) and in the case of Tumkur Merchants Souharda Credit Co-operative Ltd. in ITA no. 307 of 2014 and also the order passed by his predecessor in appeals in case for A.Ys. 2012-13 and 2013-14. At the time of hearing the instant appeal, the Ld.Counsel appearing for the assess....