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2020 (2) TMI 838

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..... ection 80P - petitioner is seeking for prayer to treat it as Co-operative on par with Co-operative registered under the Karnataka Cooperative Societies Act, 1959 - HELD THAT:- Identical issue had come-up in M/S. SWABHIMANI SOUHARDA CREDIT CO. OPERATIVE LTD [ 2020 (1) TMI 831 - KARNATAKA HIGH COURT] - The respondents to pass fresh assessment order treating the petitioner as Co-operative Society and .....

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..... d under Section 156 of the 1961 Act. In other words, petitioner is seeking for prayer to treat it as Co-operative on par with Co-operative registered under the Karnataka Cooperative Societies Act, 1959 and to extend the benefit of Section 80P of the 1961 Act. 2. Identical issue had come-up before the Principal Bench, High Court of Karnataka, Bengaluru in WP No.48414/2018 and connected writ petiti .....

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..... 61 and therefore subject to all just exceptions, petitioners are entitled to stake their claim for the benefit of Section 80P of the said Act; a Writ of Certiorari issues quashing the impugned notice dated 30.3.2018 at Annexure-D in WP No.48414/2018; other legal consequences accordingly do follow. It is needless to mention that the other provisions of Section 80P of 1961 Act and their effect on th .....

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