The Income Tax Officer, Ward-1, ... vs Akshaya Co-Op. Credit Society Ltd., ... on 21 November, 2016
8. Respectfully following the decision of the Coordinate Bench
of this Tribunal at Panaji in the case of M/s. Vyavasaya Seva
Sahakari Bank Ltd. (supra) and the decision of Hon'ble
Karnataka High Court in the case of Tumkur Merchants Souharda
Credit Cooperative Society Ltd (Supra), we do not find any good
and justifiable reason to interfere with the order of the Ld.
CIT(A) which is hereby confirmed and the appeal of the Revenue
is dismissed. We order accordingly."