The Ekta Co. Op. Credit Society Ltd., Mehsana V. The Income Tax Officer, Ward-3(1), Ahmedabad

MA 221/AHD/2017

• Counselvise Citation: [2018] 123 COUNSELVISE.COM (IT) 5721 (ITAT-AHMEDABAD)
• Duration Of Justice: 6 month(s) 19 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 23-02-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2010-2011
• Appeal Filed On: 04-08-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ROOP CHAND

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD A BENCH BEFORE: SHR I S.S. GODARA , JUDICIAL MEMBER AND SHRI AMARJIT SINGH, ACCOUNTANT MEMBER THE EKTA CO - OP. CREDIT SOCIETY LTD, MARKET YARD, AT. KUKUWADA, TA: VIJAPUR, MEHSANA PAN : AAAAT4874A (APPELLANT) VS THE IT O , WARD - 3( 1 ) , MEHSANA (RESPONDENT) REVENUE BY : S H RI ROOPCHAND, D . R. ASSESSEE BY: SHRI SULABH PADS HAH A.R. DATE OF HEARING : 02 - 02 - 2 018 DATE OF PRONOUNCEMENT : 23 - 02 - 2 018 / ORDER P ER : AMARJIT SINGH, ACCOUNTANT MEMBER : - THE ASSESSEE HAS FILED THIS MISCELLANEOUS APPLICATION AGAINST THE ORDER OF THE ITAT VIDE ITA NO. 3041 /AHD/2014 DATED 5 TH MAY, 2017 . 2. THE ASSESSEE HAS SUBMITTED IN THE MISCELLANEOUS APPLICATION THAT AS PER SECTION 80P(2)(D) A CO - OPERATIVE SOCI ETY IS ELIGIBLE FOR DEDUCTION ON INTEREST INCOME DERIVED FROM ITS INVESTMENT WITH A NY OTHER CO - OPERATIVE SOCIETY. MA NO . 22 1 / A HD/20 17 (ARISING OUT OF ITA N O. 3041/AHD/2013 ) A SSESSMENT YEAR 20 10 - 11 M A NO. 22 1 /AHD/201 7 {ARISING OUT OF IT A NO. 3041 /AHD/20 13 } A.Y. 20 10 - 11 PAGE NO THE EKTA CO - OP CREDIT SOCIETY LTD. VS. IT O 2 3. DURING T HE COURSE OF APPELLATE PROCEEDINGS, THE ASSESSEE SUBMITED THAT HE IS NO MORE PRESSING TH E ISSUE S MENTIONED IN THIS MISCELLANEOUS APPLICATION. ACCORDINGLY, THE MA OF THE ASSESSEE IS DISMISSED. 4. IN THE RESULT, THE MISCELLANEOUS APPLICATION OF THE ASSESSEE IS DISMISSED . ORDER PR ONOUNCED IN THE OPEN C OURT ON 23 - 02 - 20 1 8 SD/ - SD/ - ( S.S. GODARA ) ( AMARJIT SINGH ) JUDICIAL MEMBER ACCOUNTANT MEMBER AHMEDABAD : DATED 23 /02 /2018 / COPY OF ORDER FORWARDED TO: - 1. ASSESSEE 2. REVENUE 3. CONCERNED CIT 4. CIT (A) 5. DR, ITAT, AHMEDABAD 6. GUARD FILE. BY ORDER/ , / ,