confirming the
disallowance of Rs. 1,20,47,954/- out of rural development expenses
by holding that same is not incurred wholly and exclusively ... CERs amounting to Rs. 3,50,00,162/- disallowance of Rural
Development Expenses and afforestation, plantation and environment expenses
claimed that appellant is a primary
co-operative agricultural and rural development bank,
therefore, the appellant was entitled for deduction ... appellant co-operative society (primary co-operative
agricultural and rural development bank) was confined to
five taluks. As per Clause (b) of Explanation
Education And Rural Development ... vs Income Tax Officer (Exemption), Alwar on 29 January, 2018
vk;dj vihyh ... 1004/JP/2017.
M/s Education and Rural Development Society.
The appellant reserves his right to amend, add, alter, change or delete
which has as its object the undertaking of any programme of rural development, to be used for carrying out any programme of rural development which ... from SID to the assessee giving details of the rural development programmes. The assessee remitted Rs. 15,00,000 by account payee drafts
Hitkari Vidyalaya Shakari Shiksha Samiti Limited
operative agricultural and rural development bank and co- operative bank" and
"primary agricultural credit society" shall ... Primary Agricultural Credit Society or a Primary
Cooperative Agricultural and Rural Development Bank. Accordingly,
deduction under section 80P was no more available to any Regional
Hitkari Vidyalaya Shakari Shiksha Samiti Limited
operative agricultural and rural development bank and co- operative bank" and
"primary agricultural credit society" shall ... Primary Agricultural Credit Society or a Primary
Cooperative Agricultural and Rural Development Bank. Accordingly,
deduction under section 80P was no more available to any Regional
object the undertaking to carry out approved
programmes of rural development. The society had granted a certificate to the assessee
which had also been approved ... which the money had been donated was carrying on the rural development work, as
envisaged under section 35CCA of the Act.
In our view
primary agricultural credit society or a primary co-operative agricultural and rural
development bank.
Explanation. --For the purposes of this sub-section ... primary co-operative agricultural and rural development bank" means a society having
its area of operation confined to a taluk and the principal object
assessee's claim of being a primary cooperative agricultural and rural
development bank, which though would require independent
examination and finding/s, is strongly ... society. Further, assessee is not a 'primary cooperative agricultural
and rural development bank' as already noted in the order of the
ITAT dated
primary agricultural credit
society and primary cooperative agricultural and rural development
bank. As per Section ... 2007 only primary
agricultural credit society of primary cooperative agricultural and rural
development bank are entitled for deduction. The Assessing Officer
gave reasonable opportunity
