Co operative society taxation

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Abbas Shakir (Querist)
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04 April 2019 Hi,
The assessee is a co-operative bank. It had obtained the PAN of a company till AY 2014-15. After that PAN was cancelled and replaced by PAN of AOP. Now the problem here is that the assessee had filed the returns prior to AY 2015-16 using PAN of a company. Upto AY 2013-14 surcharge was not applicable to co-operative society, but since the assessee had filed the return using PAN of a company, department has raised the demand for tax payment. Is there any way out for this??

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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07 April 2019 The assessee can appeal or request for the demand raised by the department by making the same as a question of the facts about the status of the assessee.