{"id":38880,"date":"2024-02-02T13:32:13","date_gmt":"2024-02-02T08:02:13","guid":{"rendered":"https:\/\/itatonline.org\/digest\/pcit-v-annasaheb-patil-mathadi-kamgar-sahakari-pathpedi-ltd-2023454-itr-117-293-taxman-547-sc-editorial-cit-v-annasaheb-patil-mathadi-kamgar-sahakari-pathpedi-ltd-bomhc-ita-no-933-of\/"},"modified":"2024-03-30T12:16:47","modified_gmt":"2024-03-30T06:46:47","slug":"pcit-v-annasaheb-patil-mathadi-kamgar-sahakari-pathpedi-ltd-2023454-itr-117-293-taxman-547-sc-editorial-cit-v-annasaheb-patil-mathadi-kamgar-sahakari-pathpedi-ltd-bomhc-ita-no-933-of","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/pcit-v-annasaheb-patil-mathadi-kamgar-sahakari-pathpedi-ltd-2023454-itr-117-293-taxman-547-sc-editorial-cit-v-annasaheb-patil-mathadi-kamgar-sahakari-pathpedi-ltd-bomhc-ita-no-933-of\/","title":{"rendered":"PCIT v. Annasaheb Patil Mathadi Kamgar Sahakari Pathpedi Ltd. (2023)454 ITR 117 \/ 293 Taxman 547 \/332 CTR 486\/ 225 DTR 209 (SC) Editorial : CIT v. Annasaheb Patil Mathadi Kamgar Sahakari Pathpedi Ltd (Bom)(HC) (ITA No. 933 of 2017 dt. 14-10-2019 ), affirmed."},"content":{"rendered":"<p>High Court dismissed the Department\u2019s appeal on the question whether the Tribunal was justified in holding that the assessee, a co-operative credit society, was not a bank for the purpose of section\u00a080P(4)\u00a0of the\u00a0Income-tax Act, 1961. \u00a0On appeal by the Revenue, SLP of Revenue is dismissed.\u00a0 Followed, Mavilayi Service Co-Operative Bank Ltd v. CIT (2021) 431 ITR 1 (SC). (AY. 2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80P : Co-operative societies-Credit societies giving credit to own members-Eligible deduction. [S.80P(4), Banking Regulation Act, 1949, Art. 136] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-38880","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-a76","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/38880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=38880"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/38880\/revisions"}],"predecessor-version":[{"id":40928,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/38880\/revisions\/40928"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=38880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=38880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=38880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}