IN THE INCOME TAX APPELLATE TRIBUNAL “SMC” BENCH : BANGALORE BEFORE SHRI PRASHANT MAHARISHI, VICE PRESIDENT Assessment year : 2018-19 M/s. Dandelappa Krishi Pattina Vs. The Income Tax Officer, Sahakari Bank Ltd., Ward 1(1), Dandeli – 581 325. Hubli.

Taluka Haliyal, District Uttar Kannada.

PAN: AAAAD 3076G APPELLANT RESPONDENT Appellant by : Shri Vishal S. Rao, CA Respondent by : Shri Ganesh R Ghale, Standing Counsel for the Revenue.

Date of hearing : 23.09.2025 Date of Pronouncement : 24.10.2025

O R D E R

1. This appeal is filed by Dandelappa Krishi Pattina Sahakari Bank Ltd.

(the assessee/appellant) for the assessment year 2018-19 against the appellate order passed by the National Faceless Appeal Centre, Delhi (NFAC) [ld. CIT(A)] dated 10.12.2024 wherein the appeal filed by the assessee against the assessment order passed u/s. 143(3) of the Income-

tax Act, 1961 [the Act] dated 22.4.2021 by the National e-Assessment Centre, Delhi [ld. AO] was dismissed.

2. The assessee is aggrieved with the same and in appeal.

3. The brief facts of the case show that assessee is a primary agricultural co-operative society registered under the Karnataka Co-operative Societies, Act, 1959. It is holding cer