Jalgaon Distt. Central Co-op. Vs. Income Tax Officer

Decided On : Oct-29-1998

Court : Income Tax Appellate Tribunal ITAT Pune

LAW: section 234B, section 234B, the Income Tax Act, section 6, the Banking Regulation Act, section 80P(2)(a)(i, section 80P(2)(a)(i, section 81, section 80P(2)(a)(i, section 81, ITR 282, section 81, the Income Tax Act, the Banking Regulation Act, section 6, section 6, the Banking Regulation Act, the Ahmedabad Bench, Banking Regulation Act, section 81, the Income Tax Act, section 81, section 81, the Banking Regulation Act, the Banking Regulation Act, section 6, the Banking Regulation Act, Section 6(1, the Banking Regulation Act, the Banking Regulation Act, section 40A(3, section 80P(2)(a)(i, section 81, section 80P(2)(a)(i, section 81, section 81, section 80P(2)(a)(i, section 6, Banking Regulation Act, Section 6, the Banking Regulation Act, section 6, the Indian Trusts Act, the Banking Regulation Act, the Banking Regulation Act, section 81, section 81, the Ahmedabad Bench, section 80P(2)(a)(i, section 80P(2)(a)(i, the Banking Regulation Act, the Income Tax Act, section 234B, section 234B

ORG: the Commissioner (Appeals, the Tribunal, Ahmedabad `A' Bench, Vikshara Trading &, CIT, TTJ, the Commissioner (Appeals, Government, the Hon'ble Supreme Court, Madhya Pradesh Co-op, Bank Ltd.'s, Bangalore Distt, Central Bank Ltd.'s, Vellore Electric Corpn., Government Securities, CO-OPERATIVE SOCIETY DOING BANKING BUSINESS, the Banking Regulation, assessee cooperative bank, Government, MSEB, MSEB, Maharashtra State Co, Maharashtra State Electricity Board, ITO, Central Bank, Jab-Trib, Ahmednagar Distt, Bank Ltd., the Commissioner (Appeals, MSEB, the Pune Bench, Osmanabad Distt, Bank Ltd., the Hon'ble Supreme Court, Madhya Pradesh Co-op, Bank, CIT, the Pune Bench, Ahmednagar Distt, the Jabalpur Bench, Central Bank, the-Banking Regulation Act, the Supreme Court, CIT, Bangalore Distt, Central Bank Ltd., DTC, SC, SC, the Hon'ble Supreme Court, Tribunal, the Supreme Court, Madhya Pradesh Co-op, Bank Lid, the Income Tax Appellate Tribunal, Osmanabad Distt, Bank Ltd., Ahmednagar Distt, Bank Ltd., the Pune Bench, Osmanabad Distt, Bank Ltd., Ahmednagar Distt, Bank, the Madhya Pradesh High Court, CIT, Dhar Central Co-op, Departmental Representative, Dhar Central Co-op, the Madhya Pradesh High Court, The Hon'ble Madhya Pradesh High Court, Departmental Representative, the Madhya Pradesh High Court, Departmental Representative, the Madhya Pradesh High Court, the Pune Bench, Ahmednagar Distt, Bank Ltd., the Madhya Pradesh High Court, Dhar Central Co-op, Departmental Representative, Departmental Representative, the Income Tax Appellate Tribunal, Tribunal, The Pune Tribunal, the Hon'ble Tribunal, Ahmednagar Distt, Bank Ltd, Tribunal, Tribunal, Departmental Representative, Tribunal, Ahmednagar Distt, Bank Ltd, the High Court of, Central Bank, CIT, the Pune I.T.A.T., CIT v. Jila Sahakari Kendriya Bank Maryadit, Departmental Representative, CIT, Gujarat State Co-op, Bank Ltd, ITD, PuneTribunal, Departmental Representative, the Hon'ble Supreme Court, Vellore Electric Corpn., CIT, ITR, SC, English Electric Co., India Ltd v., CIT, the Supreme Court, Cambay Electric Supply Industrial Co. Ltd v., CIT, SC, the Supreme Court, Report, the Supreme Court, the Supreme Court, Departmental Representative, the Supreme Court, Madhya Pradesh Co-op, Bank Ltd, the Supreme Court, Tribunal, Ahmednagar Distt, Bank Ltd., Departmental Representative, Bench, the Supreme Court, Broach Distt, Ginning &, Pressing Society Ltd., SC, Departmental Representative, the Supreme Court, CIT, N.C. Budharaja &amp, Co., SC, Madhya Pradesh Co-op, Bank Ltd., the Supreme Court, Departmental Representative, the Hon'ble Gujarat High Court, CIT, Departmental Representative, Shri K.A. Sathe, Vellore Electric Corpn., the Supreme Court, Vellore Electric Corpn., Cambay Electric Supply Industrial Co. Ltd.'s, Ahmednagar Distt, Bank Ltd.'s, the Jabalpur Bench, Sagar Coop, Central Bank, Maharashtra State Co-operative, Bank, the Apex Bank, MSEB, MSEB, the Hon'ble Supreme Court, Broach Distt, Ginning &, Pressing Society Ltd, Ahmednagar Distt, Bank Ltd., the Jabalpur Bench, Central Bank, the Hon'ble Supreme Court, Bangalore Distt, Central Bank Ltd., the Supreme Court, the Supreme Court, Madhya Pradesh Co-op, Bank Ltd., the Pune Bench, Ahmednagar Distt, Bank Ltd, the Supreme Court, the Madhya Pradesh High Court, Departmental Representative, H.A. Shah &amp, Co., ITR 618, Vellore Electric Corpn., Departmental Representative, the Supreme Court, Cambay Electric Supply Industrial Co. Ltd, the Supreme Court, Development reserve, the Supreme Court, the Hon'ble Supreme Court, Ahmednagar Distt, Bank Ltd, the Hon'ble Supreme Court, Vellore Electric Corpn., Departmental Representative, the Madhya Pradesh Co-op, Bank Ltd, the Supreme Court, Bangalore Distt, Central Bank Ltd, the Supreme Court, Madhya Pradesh Co-op, Bank Ltd, the Supreme Court, Departmental Representative's, the Supreme Court, the Supreme Court, Mahalaxmi Co-op, Bank Ltd., ITO, TTJ, Pune-Trib, Gujarat State Co-op, Bank Ltd, the Madhya Pradesh High Court, Ahmednagar Distt, Bank Ltd, MSEB, the assessee bank, the assessee bank, the assessee bank, the Commissioner (Appeals, the Hon'ble Supreme Court, Bangalore Distt, Central Bank Ltd.'s, Government, Tribunal, the Commissioner (Appeals, the Tribunal, Ahmedabad `A' Bench, Vikshara Trading &, CIT, DTC, TTJ, the Commissioner (Appeals

DATE: 1998, 1949, 1949, the year, 1979, 1987, year 1982-83, 1996, 1949, 1998, 1998, today, 1984, 1949, 1949, 1988, 1997, 1998, 1997, 55, 1987, 1978, 1989, 1993, 1971, 1949, 1949, 1949, 1949, 1949, 1956, 1949, 1987, 49, 1949, years 1977-78 and 1979-80, 1981-82, 1998, 1998

CARDINAL: 61, 6, 1, 2, 3, 13, 1, 6(1, 6(2, one, one, 34,36,044, 43,35,000, 1, 10, 268, 6, 34,36,044, two, two, 817, 818, 31, 218, 4, 557, 233, two, 149, 440, 1, 1, one, 169, 225, 66, one, 227, 168, 113, 576, 557, 81, 177, 204, 443, 79, 1, one, one, 30, 1, 6(1, 6(2, 577, 6(1, 6(2, 447, 447, 27, one, 34,36,044, 2, 9, 1, 2, 3, 3, 3,601, 4,921, 314, 17, 4,921, 17,58,024, 5, 61, 6, one

PERCENT: 25 percent, 1%

PERSON: Bill, Sagar Co-op, Addl, K.A. Sathe, Sagar Co-op, Hari Krishan, Pune Bench, to"which, Cotton Sales, Banks, Cotton Sales, Sagar Co-op, Ahd-Trib, Ahd-Trib

GPE: MSEB, MSEB, MSEB, Ground, MSEB, Vellore, MSEB, ITA Nos

ORDINAL: first, first, second, first

FAC: the Jabalpur Bench, the Pune Bench, Ahmedabad Bench, the Pune Bench, the Pune Bench, the Pune Bench, Ground No.

PRODUCT: the Pune Bench, the Pune Bench, 386(hd-Trib, Report, the Pune Bench, 735

NORP: Surat, Hon'ble

LOC: the Apex Body

WORK_OF_ART: The Pune Bench

MONEY: 25 per cent, 50 per cent