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14 orders · Page 1 of 1
The Tribunal dismissed the assessee's appeal as withdrawn due to the acceptance of the Vivad-se-Viswas application.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 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 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 by the Revenue. Consequently, the appeal filed by the assessee 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 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 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 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 Consequently, the appeals were dismissed as withdrawn.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 Consequently, the appeals were dismissed as withdrawn.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 by the Revenue, the appeals filed by the assessee no longer survived. Consequently, the appeals were dismissed as withdrawn.
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.
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.