Tyagali Group Gramagala Seva Sahakari Sangha Ltd., Sirsi V. The Income Tax Officer, Ward-1, Sirsi., Sirsi

CO 68/PAN/2016

• Counselvise Citation: [2016] 123 COUNSELVISE.COM (IT) 2368 (ITAT-PANAJI)
• Duration Of Justice: 1 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 04-08-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2012-2013
• Appeal Filed On: 03-08-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: NATARAJ S
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI BEFORE SHRI N.S. SAINI , HONBLE ACCOUNTANT MEMBER AND SHRI GEORGE MATHAN, HONBLE JUDICIAL MEMBER ITA NO. 138 /P A N/201 6 (ASST. YEAR : 20 1 0 - 1 1 ) ITO, WARD - 1, SIRSI VS. M/S. SHRI BHUTESHWAR PATTINA SAHAKARI SANGHA NIYAMITA, DEVIKERE, SIRSI. PAN NO. AAAJB 0589 K (APPELLANT) (RESPONDENT) ITA NO. 139 & 140 /P A N/201 6 (ASST. YEAR : 20 1 0 - 1 1 & 2012 - 13 ) ITO, WARD - 1, SIRSI VS. M/S. HARUGAR GROUP GRAMAGALA SEVA SAHAKAR SANGHA LTD. , GOLI, TAQ : SIRSI. PAN NO. AAAJ H 0 02 9 D (APPELLANT) (RESPONDENT) ITA NO. 141 /P A N/201 6 (ASST. YEAR : 20 12 - 1 3 ) ITO, WARD - 1, SIRSI VS. M/S. SONDA GROUP VIVIDHA UDDESHGALA SAHAKARA SANGH LTD., SONDA, TQ : SIRSI PAN NO. AAAJS 2244 L (APPELLANT) (RESPONDENT) ITA NO. 142 /P A N/201 6 (ASST. YEAR : 20 12 - 1 3 ) ITO, WARD - 1, SIRSI VS. M/S. THE AJIBAL GROUP GRAMAGALA SEVA SAHAKAR SANGHA LTD., AJJIBAL, SIRSI . PAN NO. AAA LA 0008 L (APPELLANT) (RESPONDENT) 2 ITA NOS. 138 - 157/PAN/2016 & C.O.NOS. 61 7 8 /PAN/2016 ITA NO. 143 /P A N/201 6 (ASST. YEAR : 20 12 - 1 3 ) ITO, WARD - 1, SIRSI VS. M/S. MUNDAGANAMANE GROUP GRAMAGALA SAHAKARA SANGHA LTD., MUNDAGANAMANE, TQ : SIRSI. PAN NO. AAAJM 0908 P (APPELLANT) (RESPONDENT) ITA NO. 14 4 /P A N/201 6 (ASST. YEAR : 20 12 - 1 3 ) ITO, WARD - 1, SIRSI VS. M/S. THE NELMAV SERVICE CO - OP SANGHA LTD., NELEMAV, HERUR, SIRSI. PAN NO. AAA LN 0001 G (APPELLANT) (RESPONDENT) ITA NO. 1 4 5 /P A N/201 6 (ASST. YEAR : 20 12 - 1 3 ) ITO, WARD - 1, SIRSI VS. M/S. THE KPTCL EMPLOYEES COOPERATIVE CREDIT SOCIETY LTD., SIRSI. PAN NO. AAA AK 14 8 2 B (APPELLANT) (RESPONDENT) ITA NO. 146 /P A N/201 6 (ASST. YEAR : 20 12 - 1 3 ) ITO, WARD - 1, SIRSI VS. M/S. TAYAGALI GROUP GRAMAGALA SEVA SAHAKARI SANGHA LTD., NANIKATTA, TQ : SIDDAPUR. PAN NO. AAA AT 9498 G (APPELLANT) (RESPONDENT) 3 ITA NOS. 138 - 157/PAN/2016 & C.O.NOS. 61 7 8 /PAN/2016 ITA NO. 147 /P A N/201 6 (ASST. YEAR : 20 12 - 1 3 ) ITO, WARD - 1, SIRSI VS. M/S. THE VYAVASAYA SEVA SAHAKARI BANK LTD., KATUR, TAQ : MUNDGOD . PAN NO. AABHT 1956 M (APPELLANT) (RESPONDENT) ITA NO. 148 /P A N/201 6 (ASST. YEAR : 20 12 - 1 3 ) ITO, WARD - 1, SIRSI VS. M/S. ITGULI GROUP GRAMAGALA SEVA SAHA KARI SANGH LTD., ITGULI, TQ : SIRSI. PAN NO. AAAJ I 0154 R (APPELLANT) (RESPONDENT) ITA NO. 149 /P A N/201 6 (ASST. YEAR : 20 12 - 1 3 ) ITO, WARD - 1, SIRSI VS. M/S. THE TAREHALLI KANSUR SEVA SAHAKARI BANK LTD., KASUR, TQ : SIDDAPUR. PAN NO. AAALT 0035 A (APPELLANT) (RESPONDENT) ITA NO. 150 /P A N/201 6 (ASST. YEAR : 20 12 - 1 3 ) ITO, WARD - 1, SIRSI VS. M/S. THE RURAL DEVELOPMENT COOPERATIVE SOCIETY LTD., HULGOL, TQ : SIRSI. PAN NO. AAAJT 1453 E (APPELLANT) (RESPONDENT) 4 ITA NOS. 138 - 157/PAN/2016 & C.O.NOS. 61 7 8 /PAN/2016 ITA NO. 151 /P A N/201 6 (ASST. YEAR : 20 12 - 1 3 ) ITO, WARD - 1, SIRSI VS. M/S. THE MUNDGO D URBAN COOPERATIVE SOCIETY, MUNDGOD . PAN NO. AA DFT 7439 H (APPELLANT) (RESPONDENT) ITA NO. 152 /P A N/201 6 (ASST. YEAR : 20 12 - 1 3 ) ITO, WARD - 1, SIRSI VS. M/S. UNCHALLI GROUP GRAMAGALA SEVA SAHAKARA BANK LTD., UNCHALLI, TQ : SIRSI. PAN NO. AAALU 0001 D (APPELLANT) (RESPONDENT) ITA NO. 153 /P A N/201 6 (ASST. YEAR : 20 12 - 1 3 ) ITO, WARD - 1, SIRSI VS. M/S. MUNDGOD DODDA PRAMANADA VYVASAYA SEVA SAHAKARI SANGH LTD., BANKAPUR ROAD , MUNDGOD. PAN NO. AAAAT 2735 J (APPELLANT) (RESPONDENT) ITA NO. 154 /P A N/201 6 (ASST. YEAR : 20 12 - 1 3 ) ITO, WARD - 1, SIRSI VS. M/S. SALAKANI GROUP GRAMAGALA SEVA SAHAKARI SANGH LTD., SALKANI, TQ : SIRSI. PAN NO. ABAFS 2459 N (APPELLANT) (RESPONDENT) 5 ITA NOS. 138 - 157/PAN/2016 & C.O.NOS. 61 7 8 /PAN/2016 ITA NO. 155 /P A N/201 6 (ASST. YEAR : 20 12 - 1 3 ) ITO, WARD - 1, SIRSI VS. M/S. PALA DODDA PRAMANADA PRATHAMIKA PATTINA VYAVASAYA SAHAKARI SANGH LTD., PALA, MALAGI POST, TQ : MUNDGOD. PAN NO. AAAAL 0146 P (APPELLANT) (RESPONDENT) ITA NO. 156 & 157 /P A N/201 6 (ASST. YEAR S : 2009 - 10 & 20 11 - 1 1 ) ITO, WARD - 2(4) , PANAJI GOA. VS. M/S. GOA PORT & DOCK EMPLOYEES COOPERATIVE CREDIT SOCIETY LTD., 1 ST FLOOR, ROSEMARE BUILDING, ABOVE SYNDICATE BANK, VASCO - DA - GAMA, GOA. PAN NO. AA AJG 0700 H (APPELLANT) (RESPONDENT) C.O.NO.77/PAN/2016 ( ITA NO. 138 /P A N/201 6) (ASST. YEAR : 20 1 0 - 1 1 ) M/S. SHRI BHUTESHWAR PATTINA SAHAKARI SANGHA NIYAMITA, DEVIKERE, SIRSI. VS. ITO, WARD - 1, SIRSI PAN NO. AAAJB 0589 K (APPELLANT) (RESPONDENT) C.O.NOS.61 & 62/PAN/2016 ( ITA NO. 139 & 140 /P A N/201 6 ) (ASST. YEAR : 20 1 0 - 1 1 & 2012 - 13 ) M/S. HARUGAR GROUP GRAMAGALA SEVA SAHAKAR SANGHA LTD., GOLI, TAQ : SIRSI. VS. ITO, WARD - 1, SIRSI PAN NO. AAAJH 0029 D (APPELLANT) (RESPONDENT) 6 ITA NOS. 138 - 157/PAN/2016 & C.O.NOS. 61 7 8 /PAN/2016 C.O.NO.63/PAN/2016 ( ITA NO. 141 /P A N/201 6 ) (ASST. YEAR : 20 12 - 1 3 ) M/S. SONDA GROUP VIVIDHA UDDESHGALA SAHAKARA SANGH LTD., SONDA, TQ : SIRSI VS. ITO, WARD - 1, SIRSI PAN NO. AAAJS 2244 L (APPELLANT) (RESPONDENT) C.O.NO.64/PAN/2016 ( ITA NO. 142 /P A N/201 6 ) (ASST. YEAR : 20 12 - 1 3 ) M/S. THE AJIBAL GROUP GRAMAGALA SEVA SAHAKAR SANGHA LTD., AJJIBAL, SIRSI. VS. ITO, WARD - 1, SIRSI PAN NO. AAALA 0008 L (APPELLANT) (RESPONDENT) C.O.NO.65/PAN/2016 ( ITA NO. 143 /P A N/201 6 ) (ASST. YEAR : 20 12 - 1 3 ) M/S. MUNDAGANAMANE GROUP GRAMAGALA SAHAKARA SANGHA LTD., MUNDAGANAMANE, TQ : SIRSI. VS. ITO, WARD - 1, SIRSI PAN NO. AAAJM 0908 P (APPELLANT) (RESPONDENT) C.O.NO.66/PAN/2016 ( ITA NO. 144 /P A N/201 6 ) (ASST. YEAR : 20 12 - 1 3 ) M/S. THE NELMAV SERVICE CO - OP SANGHA LTD., NELEMAV, HERUR, SIRSI. VS. ITO, WARD - 1, SIRSI PAN NO. AAALN 0001 G (APPELLANT) (RESPONDENT) 7 ITA NOS. 138 - 157/PAN/2016 & C.O.NOS. 61 7 8 /PAN/2016 C.O.NO.67/PAN/2016 ( ITA NO. 145 /P A N/201 6 ) (ASST. YEAR : 20 12 - 1 3 ) M/S. THE KPTCL EMPLOYEES COOPERATIVE CREDIT SOCIETY LTD., SIRSI. VS. ITO, WARD - 1, SIRSI. PAN NO. AAAAK 1482 B (APPELLANT) (RESPONDENT) C.O.NO.68/PAN/2016 ( ITA NO. 146 /P A N/201 6 ) (ASST. YEAR : 20 12 - 1 3 ) M/S. TAYAGALI GROUP GRAMAGALA SEVA SAHAKARI SANGHA LTD., NANIKATTA, TQ : SIDDAPUR. VS. ITO, WARD - 1, SIRSI PAN NO. AAAAT 9498 G (APPELLANT) (RESPONDENT) C.O.NO.69/PAN/2016 ( ITA NO. 147 /P A N/201 6 ) (ASST. YEAR : 20 12 - 1 3 ) M/S. THE VYAVASAYA SEVA SAHAKARI BANK LTD., KATUR, TAQ : MUNDGOD. VS. ITO, WARD - 1, SIRSI. PAN NO. AABHT 1956 M (APPELLANT) (RESPONDENT) C.O.NO.70/PAN/2016 ( ITA NO. 148 /P A N/201 6 ) (ASST. YEAR : 20 12 - 1 3 ) M/S. ITGULI GROUP GRAMAGALA SEVA SAHAKARI SANGH LTD., ITGULI, TQ : SIRSI. VS. ITO, WARD - 1, SIRSI PAN NO. AAAJI 0154 R (APPELLANT) (RESPONDENT) 8 ITA NOS. 138 - 157/PAN/2016 & C.O.NOS. 61 7 8 /PAN/2016 C.O.NO.71/PAN/2016 ( ITA NO. 149 /P A N/201 6 ) (ASST. YEAR : 20 12 - 1 3 ) M/S. THE TAREHALLI KANSUR SEVA SAHAKARI BANK LTD., KASUR, TQ : SIDDAPUR. VS. ITO, WARD - 1, SIRSI PAN NO. AAALT 0035 A (APPELLANT) (RESPONDENT) C.O.NO.72/PAN/2016 ( ITA NO. 150 /P A N/201 6 ) (ASST. YEAR : 20 12 - 1 3 ) M/S. THE RURAL DEVELOPMENT COOPERATIVE SOCIETY LTD., HULGOL, TQ : SIRSI. VS. ITO, WARD - 1, SIRSI PAN NO. AAAJT 1453 E (APPELLANT) (RESPONDENT) C.O.NO.78/PAN/2016 ( ITA NO. 151 /P A N/201 6 ) (ASST. YEAR : 20 12 - 1 3 ) M/S. THE MUNDGOD URBAN COOPERATIVE SOCIETY, MUNDGOD. VS. ITO, WARD - 1, SIRSI PAN NO. AADFT 7439 H (APPELLANT) (RESPONDENT) C.O.NO.73/PAN/2016 ( ITA NO. 152 /P A N/201 6 ) (ASST. YEAR : 20 12 - 1 3 ) M/S. UNCHALLI GROUP GRAMAGALA SEVA SAHAKARA BANK LTD., UNCHALLI, TQ : SIRSI. VS. ITO, WARD - 1, SIRSI PAN NO. AAALU 0001 D (APPELLANT) (RESPONDENT) 9 ITA NOS. 138 - 157/PAN/2016 & C.O.NOS. 61 7 8 /PAN/2016 C.O.NO.74/PAN/2016 ( ITA NO. 153 /P A N/201 6 ) (ASST. YEAR : 20 12 - 1 3 ) M/S. MUNDGOD DODDA PRAMANADA VYVASAYA SEVA SAHAKARI SANGH LTD., BANKAPUR ROAD, MUNDGOD. VS. ITO, WARD - 1, SIRSI PAN NO. AAAAT 2735 J (APPELLANT) (RESPONDENT) C.O.NO.75/PAN/2016 ( ITA NO. 154 /P A N/201 6 ) (ASST. YEAR : 20 12 - 1 3 ) M/S. SALAKANI GROUP GRAMAGALA SEVA SAHAKARI SANGH LTD., SALKANI, TQ : SIRSI. VS. ITO, WARD - 1, SIRSI. PAN NO. ABAFS 2459 N (APPELLANT) (RESPONDENT) C.O.NO.76/PAN/2016 ( ITA NO. 155 /P A N/201 6 ) (ASST. YEAR : 20 12 - 1 3 ) M/S. PALA DODDA PRAMANADA PRATHAMIKA PATTINA VYAVASAYA SAHAKARI SANGH LTD., PALA, MALAGI POST, TQ : MUNDGOD. VS. ITO, WARD - 1, SIRSI. PAN NO. AAAAL 0146 P (APPELLANT) (RESPONDENT) ASSESSEE BY : NONE. DEPARTMENT BY : SHRI NATARAJ S. - DR DATE OF HEARING : 04 / 0 8 /201 6 . DATE OF PRONOUNCEMENT : 04 / 0 8 /201 6 . 10 ITA NOS. 138 - 157/PAN/2016 & C.O.NOS. 61 7 8 /PAN/2016 O R D E R PER GEORGE MATHAN, JUDICIAL MEMBER THESE ARE ALL APPEALS FILED BY THE REVENUE AGAINST THE SEPARATE ORDERS OF THE COMMISSIONER OF INCOME TAX (APPEALS) , HUBLI DATED 22/03/2016 & 31/03/2016 AND COMMISSIONER OF INCOME TAX (APPEALS), PANAJI - 1 DATED 0/05/2016 AND THE CROSS O BJECTION S FILED BY THE RESPECTIVE ASSESSEES IN THE REVENUES APPEALS. 2. AT THE TIME OF HEARING, IT WAS FAIRLY AGREED BY THE DEPARTMENTAL REPRESENTATIVE THAT THE TAX EFFECT IN ALL THE REVENUES APPEALS ARE BELOW THE PRESCRIBED TAX EFFECT . IN THE CROSS OBJECTION S , THE ASSESSEE S HA VE SPECIFICALLY CHALLENGED THE REVENUES APPEALS ON THE GROUND THAT THE REVENUES APPEAL S ARE BELOW THE TAX EFFECT, FOR THE PURPOSE OF FILING OF APPEALS BEFORE THE TRIBUNAL . 3 . WE HAVE CONSIDERED THE SUBMISSIONS AND THE FACTS IN EACH OF THE CASE. AS IT IS NOTICED THAT ALL THE REVENUES APPEALS HEREIN ARE BELOW THE PRESCRIBED TAX LIMIT FOR THE PURPOSE OF FILING OF APPEAL S BEFORE THE TRIBUNAL I N VIEW OF THE CBDT CIRCULAR NO. 21/20 15 , DATED 10/12/2015 AND IN VIEW OF THE PROVISIONS OF SECTION 268A OF THE INCOME TAX ACT, 1961, THE APPEALS FILED BY THE REVENUE STAND DISMISSED AND THE CROSS OBJECTION S FILED BY THE ASSESSEES BEING IN SUPPORT OF THE ORDERS OF THE COMMISSIONER OF INCOME TA X (APPEALS) ARE ALSO DISMISSED AS INFRUCTUOUS. 11 ITA NOS. 138 - 157/PAN/2016 & C.O.NOS. 61 7 8 /PAN/2016 4. IN THE RESULT, APPEALS FILED BY THE REVENUE STAND DISMISSED AND THE CROSS OBJECTION S FILED BY THE ASSESSEE S STAND DISMISSED AS INFRUCTUOUS. ORDER PRONOUNCED IN THE COURT AT THE CLOSE OF THE HEARING ON THURSDAY , THE 04 TH DAY OF AUGUST , 201 6 AT GOA . S D / - S D / - (N.S.SAINI) (GEORGE MATHAN) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED : 04 TH AUGUST , 201 6 . VR/ - COPY TO: 1 . THE ASSESSEE. 1 . M/S. SHRI BHUTESHWAR PATTINA SAHAKARI SANGHA NIYAMITA, DEVIKERE, SIRSI. 2 . M/S. HARUGAR GROUP GRAMAGALA SEVA SAHAKAR SANGHA LTD., GOLI, TAQ : SIRSI. 3 . M/S. SONDA GROUP VIVIDHA UDDESHGALA SAHAKARA SANGH LTD., SONDA, TQ : SIRSI 4 . M/S. THE AJIBAL GROUP GRAMAGALA SEVA SAHAKAR SANGHA LTD., AJJIBAL, SIRSI. 5 . M/S. MUNDAGANAMANE GROUP GRAMAGALA SAHAKARA SANGHA LTD., MUNDAGANAMANE, TQ : SIRSI. 6 . M/S. THE NELMAV SERVICE CO - OP SANGHA LTD., NELEMAV, HERUR, SIRSI. 7 . M/S. THE KPTCL EMPLOYEES COOPERATIVE CREDIT SOCIETY LTD., SIRSI. 8 . M/S. TAYAGALI GROUP GRAMAGALA SEVA SAHAK ARI SANGHA LTD., NANIKATTA, TQ : SIDDAPUR. 9 . M/S. THE VYAVASAYA SEVA SAHAKARI BANK LTD., KATUR, TAQ : MUNDGOD. 10 . M/S. ITGULI GROUP GRAMAGALA SEVA SAHAKARI SANGH LTD., ITGULI, TQ : SIRSI. 11 . M/S. THE TAREHALLI KANSUR SEVA SAHAKARI BANK LTD., KASUR, TQ : SIDDAPUR. 12 ITA NOS. 138 - 157/PAN/2016 & C.O.NOS. 61 7 8 /PAN/2016 12 . M/S. THE RURAL DEVELOPMENT COOPERATIVE SOCIETY LTD., HULGOL, TQ : SIRSI. 13 . M/S. THE MUNDGOD URBAN COOPERATIVE SOCIETY, MUNDGOD. 14 . M/S. UNCHALLI GROUP GRAMAGALA SEVA SAHAKARA BANK LTD., UNCHALLI, TQ : SIRSI. 15 . M/S. MUNDGOD DODDA PRAMANADA VYVASAYA SEVA SAHAKARI SANGH LTD., BANKAPUR ROAD, MUNDGOD. 16 . M/S. SALAKANI GROUP GRAMAGALA SEVA SAHAKARI SANGH LTD., SALKANI, TQ : SIRSI. 17 . M/S. PALA DODDA PRAMANADA PRATHAMIKA PATTINA VYAVASAYA SAHAKARI SANGH LTD., PALA, MALAGI POST, TQ : MUNDGOD. 18 . M/S. GOA PORT & DOCK EMPLOYEES COOPERATIVE CREDIT SOCIETY LTD., 1 ST FLOOR, ROSEMARE BUILDING, ABOVE SYNDICATE BANK, VASCO - DA - GAMA, GOA. 2 . THE REVENUE. 1 . ITO, WARD - 1, SIRSI 2 . ITO, WARD - 2(4), PANAJI GOA. 3 . THE PR. CIT, HUBLI & PANAJI. 4 . THE CIT(A) , HUBLI & PANAJI - 1 . 5 . THE D.R . 6 . GUARD FILE. BY ORDER ASSISTANT REGISTRAR I.T.A.T., PANAJI