M/S MADRAS RACE CLUB,CHENNAI vs. DCIT CORPO CIRCLE 4 (1), CHENNAI

In the result, the appeals filed by the assessee in ITA Nos

Bench: Shri Mahavir Singhand Shri Manoj Kumar Aggarwal

section 80P(2)(a)(i).” 14.1 We also noted that the Chennai Bench of the Tribunal in the case of Madras Cricket Club, supra has considered this issue and considered the decision of Hon’ble Supreme Court in the case of CIT vs. Bankipur Club Ltd., 92 taxmann 278 (SC) has held that the assessee is entitled to claim mutuality

M/S MADRAS RACE CLUB,CHENNAI vs. DCIT CORPO CIRCLE 4 (1), CHENNAI

In the result, the appeals filed by the assessee in ITA Nos

Bench: Shri Mahavir Singhand Shri Manoj Kumar Aggarwal

section 80P(2)(a)(i).” 14.1 We also noted that the Chennai Bench of the Tribunal in the case of Madras Cricket Club, supra has considered this issue and considered the decision of Hon’ble Supreme Court in the case of CIT vs. Bankipur Club Ltd., 92 taxmann 278 (SC) has held that the assessee is entitled to claim mutuality

SHRI T.N. RAJAMOHAN,CHENNAI vs. ACIT, CHENNAI

In the result, the assesse’s appeal is partly allowed

Bench: Shri Duvvuru Rl Reddy & Shri S. Jayaraman

section 80P(2)(d) of the Act. The Delhi High Court in the case of Mr. Vijay Gupta decided on 20.03.2016 referred to the decision of the :-7-: Supreme Court reported in 261 ITR 367 and the Apex Court in the said decision has held that if the assessee has by mistake or inadvertently or on account of ignorance included

AMMAPALAYAM BASUVAPTTI PRIMARY AGRICULTURAL CO OP CREDIT SOCIETY LIMITED,ERODE vs. THE INCOME TAX OFFICER, WARD 2(1) ERODE, ERODE

Bench: Shri Aby T. Varkey & Shri Jagadish

House of Parliament] and formulated a Scheme called "the e-Assessment of Income Escaping Assessment Scheme, 2022" (herein after ‘the Scheme’). And that the Scheme provides that (a) the ITA Nos.2703 & 2704/Chny/2025 (AY 2018-19) M/s. Ammapalayam Basuvaptti PACCS Ltd. :: 3 :: assessment, reassessment or re-computation u/s.147 of the Act and (b) the issuance of notice u/s.148

AMMAPALAYAM BASUVAPTTI PRIMARY AGRICULTURAL CO OP CREDIT SOCIETY LIMITED,ERODE vs. THE INCOME TAX OFFICER, WARD 2(1) ERODE, ERODE

Bench: Shri Aby T. Varkey & Shri Jagadish

House of Parliament] and formulated a Scheme called "the e-Assessment of Income Escaping Assessment Scheme, 2022" (herein after ‘the Scheme’). And that the Scheme provides that (a) the ITA Nos.2703 & 2704/Chny/2025 (AY 2018-19) M/s. Ammapalayam Basuvaptti PACCS Ltd. :: 3 :: assessment, reassessment or re-computation u/s.147 of the Act and (b) the issuance of notice u/s.148

DCIT, TRICHY vs. THE KARUR VYSYA BANK LTD., KARUR

Accordingly, the claim of the assessee that it had to be allowed on actual payment basis was, in our opinion, rightly allowed by the CIT(Appeals)

Bench: Shri N.R.S. Ganesan & Shri Abraham P. George

80P(2)(a)(i) of the Act, the principle is equally applicable to all banks/commercial banks, to which Banking Regulation Act, 1949 applies. 4. In the light of the Supreme Court’s decision in the matter, the issue is well settled. Accordingly, the Board has decided that no appeals may henceforth be filed on this ground by the officers

THE KARUR VYSYA BANK LTD.,KARUR vs. JCIT, TRICHY

Accordingly, the claim of the assessee that it had to be allowed on actual payment basis was, in our opinion, rightly allowed by the CIT(Appeals)

Bench: Shri N.R.S. Ganesan & Shri Abraham P. George

80P(2)(a)(i) of the Act, the principle is equally applicable to all banks/commercial banks, to which Banking Regulation Act, 1949 applies. 4. In the light of the Supreme Court’s decision in the matter, the issue is well settled. Accordingly, the Board has decided that no appeals may henceforth be filed on this ground by the officers

DCIT, TRICHY vs. M/S. THE KARUR VYSYA BANK. LTD., KARUR

Accordingly, the claim of the assessee that it had to be allowed on actual payment basis was, in our opinion, rightly allowed by the CIT(Appeals)

Bench: Shri N.R.S. Ganesan & Shri Abraham P. George

80P(2)(a)(i) of the Act, the principle is equally applicable to all banks/commercial banks, to which Banking Regulation Act, 1949 applies. 4. In the light of the Supreme Court’s decision in the matter, the issue is well settled. Accordingly, the Board has decided that no appeals may henceforth be filed on this ground by the officers

THE KARUR VYSYA BANK LTD.,KARUR vs. JCIT, TRICHY

Accordingly, the claim of the assessee that it had to be allowed on actual payment basis was, in our opinion, rightly allowed by the CIT(Appeals)

Bench: Shri N.R.S. Ganesan & Shri Abraham P. George

80P(2)(a)(i) of the Act, the principle is equally applicable to all banks/commercial banks, to which Banking Regulation Act, 1949 applies. 4. In the light of the Supreme Court’s decision in the matter, the issue is well settled. Accordingly, the Board has decided that no appeals may henceforth be filed on this ground by the officers