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96 tribunal orders from the Cochin bench in 2021.
Showing 40 of 96 orders. Use the months below for the rest.
The Tribunal noted that the assessee's application under the Vivad-se-Viswas Scheme was accepted by the Revenue. Consequently, the appeal filed by the assessee no longer survived.
As the assessee's application under the Vivad-se-Viswas Scheme was accepted by the Revenue, the appeal filed by the assessee no longer survived.
The Tribunal noted that the assessee's application under the Vivad-se-Viswas Scheme was accepted by the Revenue. Consequently, the appeal filed by the assessee no longer survived.
The Tribunal noted that the assessee's application under the Vivad-se-Viswas Scheme was accepted by the Revenue. Consequently, the appeal filed by the assessee no longer survived.
The Tribunal noted that the assessee's application under the Vivad-se-Viswas Scheme was accepted by the Revenue. Consequently, the appeal filed by the assessee no longer survived.
The Tribunal noted that the assessee's application under the Vivad-se-Viswas Scheme was accepted by the Revenue. Consequently, the appeal filed by the assessee no longer survived.
The Tribunal noted that the assessee's application under the Vivad-se-Viswas Scheme was accepted by the Revenue. Consequently, the appeal filed by the assessee no longer survived.
The Tribunal noted that the assessee's application under the Vivad-se-Viswas Scheme had been accepted. Consequently, the appeals filed by the assessee no longer survived.
The Tribunal noted that the assessee had filed an application under the Vivad-se-Viswas Scheme, which was accepted by the Revenue. Consequently, the appeal was dismissed as withdrawn.
As the assessee's application under the Vivad-se-Viswas Scheme was accepted and the appeal no longer survives, the appeal filed by the assessee is dismissed as withdrawn.
The Tribunal held that penalty cannot be levied solely on estimated income, as it does not constitute concealment or furnishing of inaccurate particulars. The additions made were purely on an estimation basis.
As the assessee's application under the Vivad-se-Viswas Scheme was accepted and the appeals no longer survived, the tribunal dismissed the appeals as withdrawn.
The Tribunal noted that the assessee's application under the Vivad-se-Viswas Scheme had been accepted. Consequently, the appeals filed by the assessee no longer survived.
The Tribunal held that penalty cannot be levied solely on estimated income, as it does not constitute concealment or furnishing of inaccurate particulars. The additions made were purely on an estimation basis.
The Tribunal held that the Supreme Court's decision in Civil Appeal Nos. 7343 to 7350 of 2019 has set aside the Full Bench decision of the Kerala High Court. Therefore, the assessee is entitled to the deduction under Section 80P(2)(a)(i) even if loans were given to non-agricultural purposes or to nominal members, provided profits from loans to non-members are excluded.
The Tribunal noted that the assessee could not represent their case effectively due to the Covid-19 pandemic and work-from-home situation. Therefore, the Tribunal set aside the CIT(A) orders and restored the issues for readjudication.
The Tribunal held that the Supreme Court's decision in Civil Appeal Nos. 7343 to 7350 of 2019 has set aside the Full Bench decision of the Kerala High Court. Therefore, the assessee is entitled to the deduction under Section 80P(2)(a)(i) even if loans were given to non-agricultural purposes or to nominal members, provided profits from loans to non-members are excluded.
The Tribunal set aside the CIT(A) orders and restored the issues for readjudication. This was done to grant the assessee an adequate opportunity to present its case, considering the challenges faced due to the Covid-19 pandemic.
The Tribunal held that the Supreme Court's decision in Civil Appeal Nos. 7343 to 7350 of 2019 has set aside the Full Bench decision of the Kerala High Court. Therefore, the assessee is entitled to the deduction under Section 80P(2)(a)(i) even if loans were given to non-agricultural purposes or to nominal members, provided profits from loans to non-members are excluded.
The Tribunal held that the Supreme Court's decision in Civil Appeal Nos. 7343 to 7350 of 2019 has set aside the Full Bench decision of the Kerala High Court. Therefore, the assessee is entitled to the deduction under Section 80P(2)(a)(i) even if loans were given to non-agricultural purposes or to nominal members, provided profits from loans to non-members are excluded.
The Tribunal set aside the CIT(A) orders and restored the issues for readjudication. This was done to grant the assessee an adequate opportunity to present its case, considering the challenges faced due to the Covid-19 pandemic.
The tribunal noted that the assessee's application under the Vivad-se-Viswas Scheme had been accepted by the Revenue. Consequently, the appeals filed by the assessee no longer survived.
Since the assessee's application under the Vivad-se-Viswas Scheme was accepted by the Revenue, the appeal filed by the assessee no longer survives. Consequently, the appeal is dismissed as withdrawn.
The tribunal noted that the assessee's application under the Vivad-se-Viswas Scheme had been accepted by the Revenue. Consequently, the appeals filed by the assessee no longer survived.
The tribunal noted that the assessee's application under the Vivad-se-Viswas Scheme had been accepted by the Revenue. Consequently, the appeals filed by the assessee no longer survived.
The Tribunal noted that the assessee's application under the Vivad-se-Viswas Scheme was accepted by the Revenue. Consequently, the appeal filed by the assessee no longer survived.
The Tribunal noted that the assessee's application under the Vivad-se-Viswas Scheme was accepted by the Revenue. Consequently, the appeals filed by the Revenue no longer survived.
The Tribunal noted that the assessee's application under the Vivad-se-Viswas Scheme was accepted by the Revenue. Consequently, the appeals filed by the Revenue no longer survived.
The Tribunal held that the Supreme Court has set aside the Kerala High Court's decision, allowing deductions under Section 80P for co-operative banks engaged in banking business, provided they are not excluded by Section 80P(4). Profits from loans to non-members are not deductible.
The Tribunal noted that the assessee's application under the Vivad-se-Viswas Scheme had been accepted by the Revenue. Consequently, the appeal filed by the assessee no longer survived.
The Tribunal noted that the assessee's application under the Vivad-se-Viswas Scheme had been accepted. Consequently, the appeal filed by the assessee no longer survived.
The Tribunal held that since the assessee's appeal was dismissed as withdrawn due to the Vivad-se-Viswas Scheme, the Revenue's appeal became infructuous.
The Tribunal noted that the assessee's application under the Vivad-se-Viswas Scheme was accepted by the Revenue. Consequently, the appeal filed by the assessee no longer survived.
Since the assessee's application under the Vivad-se-Viswas Scheme was accepted by the Revenue, the appeals filed by the assessee no longer survived. Consequently, the appeals were dismissed as withdrawn.
The Tribunal dismissed the assessee's appeal as withdrawn due to the acceptance of the Vivad-se-Viswas application. Consequently, the Revenue's appeal was rendered infructuous and also dismissed.
The Tribunal held that the Supreme Court had set aside the Kerala High Court's decision, clarifying that Section 80P is a benevolent provision to be read liberally. Cooperative banks engaged in banking business with an RBI license are not excluded by Section 80P(4) if they are not lending to the general public.
Since the assessee's application under the Vivad-se-Viswas Scheme was accepted by the Revenue, the appeals filed by the assessee no longer survived. Consequently, the appeals were dismissed as withdrawn.
Since the assessee's application under the Vivad-se-Viswas Scheme was accepted by the Revenue, the appeals filed by the assessee no longer survived. Consequently, the appeals were dismissed as withdrawn.
Since the assessee's application under the Vivad-se-Viswas Scheme was accepted, the appeal filed by the assessee no longer survives. Consequently, the appeal is dismissed as withdrawn.
The Tribunal held that the Supreme Court has set aside the Kerala High Court judgment relied upon by the lower authorities. Therefore, the assessees are entitled to the deduction under Section 80P, provided profits are attributable to loans given to members and not non-members.