ASIANET SATELLITE COMMUNICATIONS LIMITED,THIRUVANANTHAPURAM vs. ASSISTANT COMMISSIONER OF INCOME TAX, THIRUVANANTHAPURAM

In the result, appeal filed by the assessee stands allowed

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K, Jm

depreciation loss. While doing so, the AO made disallowance of Rs. 1,07,06,000/- being the amount of interest on delayed payment of TDS

USHA JOHNSON,KOLLAM vs. ITO, KOLLAM

In the result, the appeals of the assessee are dismissed

Bench: Shri George George K., Jm

depreciation on vehicles at the rate of 30%. During the course of assessment proceedings for the assessment years 2008-09 to 2010-11, the Assessing Officer noted that the assessee was awarded contract for one year and TDS

USHA JOHNSON,KOLLAM vs. ITO, KOLLAM

In the result, the appeals of the assessee are dismissed

Bench: Shri George George K., Jm

depreciation on vehicles at the rate of 30%. During the course of assessment proceedings for the assessment years 2008-09 to 2010-11, the Assessing Officer noted that the assessee was awarded contract for one year and TDS

USHA JOHNSON,KOLLAM vs. ITO, KOLLAM

In the result, the appeals of the assessee are dismissed

Bench: Shri George George K., Jm

depreciation on vehicles at the rate of 30%. During the course of assessment proceedings for the assessment years 2008-09 to 2010-11, the Assessing Officer noted that the assessee was awarded contract for one year and TDS

ASIANET SATELLITE COMMUNICATIONS PRIVATE LIMITED ,TRIVANDRUM vs. ASSISTANT COMMISSIONER OF INCOME TAX - CIRCLE 1 (1), TRIVANDRUM

The appeal stand allowed in terms of our above order

Bench: Hon’Ble Shri Satbeer Singh Godara, J.M & Hon’Ble Shri Manoj Kumar Aggarwal, A.M

depreciation, at one point of time, is to be allowed to the assessee. Therefore, we direct Ld. AO to allow the same with a direction to the assessee to file requisite details. 5. In last ground, the assessee seeks TDs

M/S INDITRADE CAPITAL LTD (PREVIOUSLY KNOWN AS ,KOCHI vs. THE ITO, CORPORATE WARD1(1),, KOCHI

In the result, the appeal filed by the assessee stands allowed

Bench: Shri Inturi Rama Rao & Shri Sandeep Singh Karhail

depreciation on account of non- compete fee paid relying upon the decision of the Hon’ble Delhi High Court in the case of Sharp Business Solution, cited supra. However, the CIT(A) granted relief in respect of disallowance of interest u/s.36(1)(iii) of the Act and difference for TDS

M/S INDITRADE CAPITAL LTD (PREVIOUSLY KNOWN AS ,KOCHI vs. THE ITO, CORPORATE WARD1(1),, KOCHI

In the result, the appeal filed by the assessee stands allowed

Bench: Shri Inturi Rama Rao & Shri Sandeep Singh Karhail

depreciation on account of non- compete fee paid relying upon the decision of the Hon’ble Delhi High Court in the case of Sharp Business Solution, cited supra. However, the CIT(A) granted relief in respect of disallowance of interest u/s.36(1)(iii) of the Act and difference for TDS

M/S INDITRADE CAPITAL LTD (PREVIOUSLY KNOWN AS ,KOCHI vs. THE ITO, CORPORATE WARD1(1),, KOCHI

In the result, the appeal filed by the assessee stands allowed

Bench: Shri Inturi Rama Rao & Shri Sandeep Singh Karhail

depreciation on account of non- compete fee paid relying upon the decision of the Hon’ble Delhi High Court in the case of Sharp Business Solution, cited supra. However, the CIT(A) granted relief in respect of disallowance of interest u/s.36(1)(iii) of the Act and difference for TDS

M/S INDITRADE CAPITAL LTD (PREVIOUSLY KNOWN AS ,KOCHI vs. THE ITO, CORPORATE WARD1(1),, KOCHI

In the result, the appeal filed by the assessee stands allowed

Bench: Shri Inturi Rama Rao & Shri Sandeep Singh Karhail

depreciation on account of non- compete fee paid relying upon the decision of the Hon’ble Delhi High Court in the case of Sharp Business Solution, cited supra. However, the CIT(A) granted relief in respect of disallowance of interest u/s.36(1)(iii) of the Act and difference for TDS

M/S INDITRADE CAPITAL LTD (PREVIOUSLY KNOWN AS "JRG SECURITIES LTD"),KOCHI vs. THE ITO, CORPORATE WARD1(1),, KOCHI

In the result, the appeal filed by the assessee stands allowed

Bench: Shri Inturi Rama Rao & Shri Sandeep Singh Karhail

depreciation on account of non- compete fee paid relying upon the decision of the Hon’ble Delhi High Court in the case of Sharp Business Solution, cited supra. However, the CIT(A) granted relief in respect of disallowance of interest u/s.36(1)(iii) of the Act and difference for TDS

M/S.APOLLO TYRES LTD,COCHIN vs. THE PRINCIPAL COMMISSIONER OF INCOMETAX, COCHIN

In the result, the appeal filed by the assessee stands partly allowed for statistical purposes

Bench: Shri Inturi Rama Rao, Am & Shri Rahul Chaudhary, Jm Assessment Year: 2013-14 Apollo Tyres Ltd. .......... Appellant 3Rd Floor, Areekal Mansion, Panampilly Nagar, Kochi 682036 [Pan: Aaaca6990Q] Vs. Dcit, Corporate Circle-1(1), Kochi ......... Respondent Assessee By: Shri Abraham Joseph Markos, Adv. Revenue By: Shri Sanjit Kumar Das, Cit-Dr Date Of Hearing: 20.08.2025 Date Of Pronouncement: 01.09.2025

TDS on year end provisions. xi. The AO disallowed the claim of expenditure incurred on Gas Turbine Overhauling Charges of Rs. 6,57,99,270/- as revenue expenditure by holding that the expenditure had resulted in enduring benefit and held it to be capital expenditure. xii. The AO denied the claim for allowance of depreciation

DCIT, TRIVANDRUM vs. ASIANET SATELLITE COMMUNICATIONS LTD, TRIVANDRUM

In the result, both the appeals of the Revenue are dismissed

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

depreciation of modems in detail, but passed the 'order simply considering the decision held I.T.A. Nos. 661&662/Coch/2019 in ITA No.1241/Hyd/2010, for other peripherals which are not at all similar to "modems". For these and other grounds that may be advanced at the time of hearing the order of the learned Commissioner of Income-tax (Appeals), Thiruvananthapuram on the above

DCIT, TRIVANDRUM vs. ASIANET SATELLITE COMMUNICATIONS LTD, TRIVANDRUM

In the result, both the appeals of the Revenue are dismissed

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

depreciation of modems in detail, but passed the 'order simply considering the decision held I.T.A. Nos. 661&662/Coch/2019 in ITA No.1241/Hyd/2010, for other peripherals which are not at all similar to "modems". For these and other grounds that may be advanced at the time of hearing the order of the learned Commissioner of Income-tax (Appeals), Thiruvananthapuram on the above

DCIT, KANNUR vs. M/S MANJOO & CO.,, KANNUR

Bench: S/Shri Chandra Poojari, Am & George George K., Jm Assessment Year: 2006-07

TDS Rs. 8,31,215 Rs. 47,29,525 Less: interest income considered separately Rs. 2,09,778 Rs.49,39,313 Rs.30,31,101 Add i) Difference in creditors account as discussed in Para 5 [2898692+5126296) Rs. 79,95,088 ii) Gross profit in retail business discussed in Para 4 Rs. 8,00,000 iii) Agent's Prize

M/S AC CARGO MANAGEMENT P.LTD,,COCHIN vs. THE ITO, COCHIN

In the result, the appeal of the assessee is partly allowed

Bench: Shri Abraham P. George & Shri George George. K.] आयकर अपील सं./I.T.A. No. 320/Coch/2013. िनधा"रण वष" /Assessment Year : 2007-2008. Vs. M/S. Ac Cargo Management The Income Tax Officer, Pvt. Ltd, Ward 1(1) 1St Floor, Chacko Chambers, Kochi Civil Lines Road, Palarivattom, Kochi 682 025. [Pan Aaeca 2206K] (अपीलाथ" अपीलाथ" अपीलाथ"/Appellant) अपीलाथ" (ू"यथ" ू"यथ" ू"यथ"/Respondent) ू"यथ"

TDS as mandated under section 194 I of the Act. Argument of the assessee on this aspect was as under:- ‘’With reference the above notice we submit that we are not liable to deduct tax at source in respect qt the "Truck lease charges. We hire the Trucks for our business and there is no agreement for carrying

TANSEER KAJA,KARINGARAPULLY vs. ITO CIRCLE 1, PALAKKAD

In the result, all the appeals in ITA Nos

Bench: Shri Chandra Poojari & Shri Soundararajan K.

TDS, if necessary, interest at the appropriate rate may also be collected from the assesse. We further direct the assesse to cooperate with the AO to complete the assessment at the earliest by producing the required documents in support of his claim. 6. In the result, appeal of the assessee in ITA No.74/Coch/2023 is partly allowed for statistical purposes

TANSEER KAJA,KARINGARAPULLY vs. ITO CIRCLE 1, PALAKKAD

In the result, all the appeals in ITA Nos

Bench: Shri Chandra Poojari & Shri Soundararajan K.

TDS, if necessary, interest at the appropriate rate may also be collected from the assesse. We further direct the assesse to cooperate with the AO to complete the assessment at the earliest by producing the required documents in support of his claim. 6. In the result, appeal of the assessee in ITA No.74/Coch/2023 is partly allowed for statistical purposes

TANSEER KAJA,KARINGARAPULLY vs. ITO CIRCLE 1, PALAKKAD

In the result, all the appeals in ITA Nos

Bench: Shri Chandra Poojari & Shri Soundararajan K.

TDS, if necessary, interest at the appropriate rate may also be collected from the assesse. We further direct the assesse to cooperate with the AO to complete the assessment at the earliest by producing the required documents in support of his claim. 6. In the result, appeal of the assessee in ITA No.74/Coch/2023 is partly allowed for statistical purposes

TANSEER KAJA,KARINGARAPULLY vs. ITO CIRCLE 1, PALAKKAD

In the result, all the appeals in ITA Nos

Bench: Shri Chandra Poojari & Shri Soundararajan K.

TDS, if necessary, interest at the appropriate rate may also be collected from the assesse. We further direct the assesse to cooperate with the AO to complete the assessment at the earliest by producing the required documents in support of his claim. 6. In the result, appeal of the assessee in ITA No.74/Coch/2023 is partly allowed for statistical purposes

KERALA AGRO MACHINERY CORPORATION LIMITED,ERNAKULAM vs. THE ADDITIONAL COMMISSIONER OF INCOME TAX , RANGE -1 , KOCHI, KOCHI

In the result, appeal filed by the assessee is partly allowed for statistical purposes

Bench: Shri Inturi Rama Rao & Shri Keshav Dubeyassessment Year: 2011-12 Kerala Agro Machinery Corporation Limited Athani Aluva Adit, Range-1 Vs. Ernakulam Kochi Kerala 683 585 Pan No : Aaack9968Q Appellant Respondent Appellant By : Mrs. Remya S. Menon, A.R. Respondent By : Shri Sanjit Kumar Das, D.R. Date Of Hearing : 28.01.2025 Date Of Pronouncement : 02.04.2025 O R D E R Per Keshav Dubey: This Appeal At The Instance Of The Assessee Is Directed Against The Order Of Ld. Cit(A)/Nfac Dated 24.4.2024 Vide Din & Order No. Itba/Nfac/S/250/2024-25/1064318699(1) For The Ay 2011-12 Passed U/S 250 Of The Income Tax Act, 1961 (In Short “The Act”).

TDS was not deducted and remitted before the date of filing of return has been disallowed u/s 40a(ia) of the Act. iii. Loss on revaluation of tools amounting to Rs.4,48,719/- has been added back to the returned income. iv. Income from rental income has been treated as business income and deduction of Rs. 64,233/- claimed