IN THE INCOME-TAX APPELLATE TRIBUNAL “SMC BENCH, MUMBAI BEFORE SHRI SANDEEP GOSAIN, JUDICIAL MEMBER &

SHRI PRABHASH SHANKAR, ACCOUNTANT MEMBER ITA No.6585/MUM/2025 (A.Y. 2013-14)

KCA Cooperative Credit v/s. Income Tax Officer, MUM –

Society बनाम (197)(91), Piramal Chambers, 297, Sant Home, Kalina Lower Parel, Mumbai –

Santacruz East, Mumbai – 400013, Maharashtra

400 098, Maharashtra स्थायी लेखा सं./जीआइआर सं./PAN/GIR No: AABAK0750F Appellant/अपीलार्थी .. Respondent/प्रतिवादी

Assessee by : None Revenue by : Shri Brajendra Kumar, (Sr. DR)

Date of Hearing 12.02.2026 Date of Pronouncement 18.02.2026 आदेश / O R D E R PER PRABHASH SHANKAR [A.M.] :-

The present appeal arising from the appellate order dated

25.08.2025 is filed by the assessee Trust against the order passed by the Learned Commissioner of Income-tax, Appeal, ADDL/JCIT(A), Agra [hereinafter referred to as “CIT(A)”] pertaining to assessment order passed u/s. 143(1) of the Income-tax Act, 1961 [hereinafter referred to as “Act”] dated 16.10.2014 for the Assessment Year [A.Y.] 2013-14.

2. The grounds of appeal are as under:

1. The learned Assessing Officer erred in disallowing interest received from the Cooperative Banks eligible for deduct