2025 (5) TMI 1787

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nt : Sh. Atul Goyal (CA) - Ld. AR For the Respondent : Dr. Ranjit Kaur (Addl. CIT) - Ld. Sr. DR ORDER MANOJ KUMAR AGGARWAL (ACCOUNTANT MEMBER) 1. Aforesaid appeal by assessee for Assessment Year (AY) 2002-03 arises out of an order of learned Commissioner of Income Tax (Appeals), Chandigarh [CIT(A)] dated 26-02-2009 in the matter of an assessment framed by Ld. Assessing Officer [AO] u/s....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... cooperative society could not be termed as "authority" for the purpose of said section. Accordingly, the deduction as claimed by the assessee u/s 10(20A) was denied to the assessee in assessment order dated 14-02-2005. The Tribunal upheld the stand of the revenue in ITA No.969/Chandi/2005 order dated 31-07-2006. The dispute reached upto the level of Hon'ble High Court in ITA No.21 of 2007 dated 0....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... would qualify for deduction u/s 80P(2)(a)(i) or u/s 80P(2)(d). The Ld. CIT(A) held this issue also against the assessee since the assessee had not made any investment with its member societies. Upon further appeal against his order, Tribunal dismissed the appeal of the assessee vide ITA No.429/Chd/2009 order dated 30-08- 2017 for non-appearance of the assessee. However, the order was recalled vid....