CENTRE OF SCIENCE AND TECHNOLOGY FOR RURAL DEVELOPMENT,AYYANTHOLE, THRISSUR vs. INCOME TAX OFFICER, SHAKTHANTHAMPURAN NAGAR

In the result, all the appeals filed by the assessee are allowed for statistical purposes

Bench: Shri Waseem Ahmed & Shri Soundararajan K

TDS statement vis-à-vis the income shown in the books of account was mainly on account of method of accounting adopted by the assessee. In view of the above, the ld.AR submitted that the books of account of the assessee should not be rejected, and the assessment should be framed after considering the same. Thus, the ld.AR prayed

CENTRE OF SCIENCE AND TECHNOLOGY FOR RURAL DEVELOPMENT,AYYANTHOLE, THRISSUR vs. INCOME TAX OFFICER, SHAKTHANTHAMPURAN NAGAR, THRISSUR

In the result, all the appeals filed by the assessee are allowed for statistical purposes

Bench: Shri Waseem Ahmed & Shri Soundararajan K

TDS statement vis-à-vis the income shown in the books of account was mainly on account of method of accounting adopted by the assessee. In view of the above, the ld.AR submitted that the books of account of the assessee should not be rejected, and the assessment should be framed after considering the same. Thus, the ld.AR prayed

CENTRE OF SCIENCE AND TEHCNOLOGY FOR RURAL DEVELOPMENT,AYYANTHOLE, THRISSUR vs. INCOME TAX OFFICER, SHAKTHANTHAMPURAN NAGAR, THRISSUR

In the result, all the appeals filed by the assessee are allowed for statistical purposes

Bench: Shri Waseem Ahmed & Shri Soundararajan K

TDS statement vis-à-vis the income shown in the books of account was mainly on account of method of accounting adopted by the assessee. In view of the above, the ld.AR submitted that the books of account of the assessee should not be rejected, and the assessment should be framed after considering the same. Thus, the ld.AR prayed

CENTRE OF SCIENCE AND TECHNOLOGY FOR RURAL DEVELOPMENT,AYYANTHOLE, THRISSUR vs. INCOME TAX OFFICER, WARD-1(1), SHAKTHANTHAMPURAN NAGAR, THRISSUR

In the result, all the appeals filed by the assessee are allowed for statistical purposes

Bench: Shri Waseem Ahmed & Shri Soundararajan K

TDS statement vis-à-vis the income shown in the books of account was mainly on account of method of accounting adopted by the assessee. In view of the above, the ld.AR submitted that the books of account of the assessee should not be rejected, and the assessment should be framed after considering the same. Thus, the ld.AR prayed

THE ACIT, KOCHI vs. M/S.KUNNEL ENGINEERS & CONTRACTORS P. LTD, KOCHI

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

3,52,69,463/- being unpaid service tax was added to the income of the assessee by invoking the provisions of section 43B of the I.T. Act. 3.2 On appeal, the CIT(A) observed that assessee was following mercantile system of accounting. The CIT(A) observed that the assessee did not deposit part of I.T.A. Nos. 653/Coch/2019 & 04/Coch/2020 Service

M/S.TRANS MARINE CORPORATION,KOCHI vs. THE ITO, WD-2(5) NON- CORPORATE, KOCHI

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

Bench: S/Shri Chandra Poojari, Am & George George K., Jm Assessment Year:2012-13

145(3) of the Act. 2. Confirming action of Assessing Officer passing the order u/s. 144of the Act, clearly overlooking the fact of documents submitted before the Ld. CIT(A) and various details and documents having been furnished before the Assessing Officer and when called for including: I.T.A. No.520/ Coch/2019 3. Sustaining the addition of Rs.28,98,540/- by estimating

M/S JEEVAN TELECASTING CORPN LTD,COCHIN vs. ACIT, COCHIN

In the result, ITA Nos.606 to 610/Coch/2010 are partly allowed and ITA Nos

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

3. It is the observation of the Hon. High Court, please see para 5 at page 4 of the High Court order (running page 5), the Tribunal ought to have looked into the facts before making a remand by adopting the principles in the case of CIT Vs. Eli Lilly & Co. as reported

M/S JEEVAN TELECASTING CORPN LTD,COCHIN vs. ACIT, COCHIN

In the result, ITA Nos.606 to 610/Coch/2010 are partly allowed and ITA Nos

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

3. It is the observation of the Hon. High Court, please see para 5 at page 4 of the High Court order (running page 5), the Tribunal ought to have looked into the facts before making a remand by adopting the principles in the case of CIT Vs. Eli Lilly & Co. as reported

M/S JEEVAN TELECASTING CORPN LTD,COCHIN vs. ACIT, COCHIN

In the result, ITA Nos.606 to 610/Coch/2010 are partly allowed and ITA Nos

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

3. It is the observation of the Hon. High Court, please see para 5 at page 4 of the High Court order (running page 5), the Tribunal ought to have looked into the facts before making a remand by adopting the principles in the case of CIT Vs. Eli Lilly & Co. as reported

M/S JEEVAN TELECASTING CORPN LTD,COCHIN vs. ACIT, COCHIN

In the result, ITA Nos.606 to 610/Coch/2010 are partly allowed and ITA Nos

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

3. It is the observation of the Hon. High Court, please see para 5 at page 4 of the High Court order (running page 5), the Tribunal ought to have looked into the facts before making a remand by adopting the principles in the case of CIT Vs. Eli Lilly & Co. as reported

M/S JEEVAN TELECASTING CORPN LTD,COCHIN vs. ACIT, COCHIN

In the result, ITA Nos.606 to 610/Coch/2010 are partly allowed and ITA Nos

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

3. It is the observation of the Hon. High Court, please see para 5 at page 4 of the High Court order (running page 5), the Tribunal ought to have looked into the facts before making a remand by adopting the principles in the case of CIT Vs. Eli Lilly & Co. as reported

M/S JEEVAN TELECASTING CORPN LTD,COCHIN vs. ACIT, COCHIN

In the result, ITA Nos.606 to 610/Coch/2010 are partly allowed and ITA Nos

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

3. It is the observation of the Hon. High Court, please see para 5 at page 4 of the High Court order (running page 5), the Tribunal ought to have looked into the facts before making a remand by adopting the principles in the case of CIT Vs. Eli Lilly & Co. as reported

M/S JEEVAN TELECASTING CORPN LTD,COCHIN vs. ACIT, COCHIN

In the result, ITA Nos.606 to 610/Coch/2010 are partly allowed and ITA Nos

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

3. It is the observation of the Hon. High Court, please see para 5 at page 4 of the High Court order (running page 5), the Tribunal ought to have looked into the facts before making a remand by adopting the principles in the case of CIT Vs. Eli Lilly & Co. as reported

M/S JEEVAN TELECASTING CORPN LTD,COCHIN vs. ACIT, COCHIN

In the result, ITA Nos.606 to 610/Coch/2010 are partly allowed and ITA Nos

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

3. It is the observation of the Hon. High Court, please see para 5 at page 4 of the High Court order (running page 5), the Tribunal ought to have looked into the facts before making a remand by adopting the principles in the case of CIT Vs. Eli Lilly & Co. as reported

M/S JEEVAN TELECASTING CORPN LTD,COCHIN vs. ACIT, COCHIN

In the result, ITA Nos.606 to 610/Coch/2010 are partly allowed and ITA Nos

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

3. It is the observation of the Hon. High Court, please see para 5 at page 4 of the High Court order (running page 5), the Tribunal ought to have looked into the facts before making a remand by adopting the principles in the case of CIT Vs. Eli Lilly & Co. as reported

M/S JEEVAN TELECASTING CORPN LTD,COCHIN vs. ACIT, COCHIN

In the result, ITA Nos.606 to 610/Coch/2010 are partly allowed and ITA Nos

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

3. It is the observation of the Hon. High Court, please see para 5 at page 4 of the High Court order (running page 5), the Tribunal ought to have looked into the facts before making a remand by adopting the principles in the case of CIT Vs. Eli Lilly & Co. as reported

M/S.ALLIANZ CORNHILL INFORMATION SERVICES P. LTD,TRIVANDRUM vs. THE DCIT, TRIVANDRUM

In the result, ground Nos

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

3. The Assessing Officer had made a disallowance of provision amounting to Rs.1,12,19,079 by observing as under:- “During the course of assessment proceedings it was seen that the assessee had debited an amount of Rs.11,50,59,428/- on account of Legal and Professional charges. It was submitted during the course of hearing that out of this

PALLATH NAFEESA,MALAPPURAM vs. ITO, TIRUR

In the result, appeal filed by the assessee allowed

Bench: Shri Waseem Ahmed & Shri Soundararajan K.Pallath Nafeesa The Income Tax Officer Poolakkodan House Tirur Athirumada, Punnathala Vs. Tirur, Malappuram 676552 [Pan: Alipn9300R] (Appellant) (Respondent)

TDS reported in70 taxmann.com 45. The relevant finding of the Hon’ble Bench is extracted as under: “10. In the facts of the present case, it is an admitted position that the interest on which the tax is sought to be deducted at source under section 194A of the Act is interest under section

KAKKOTTAKATH NADUVILAPURAYIL JUNAID,KANNUR vs. ACIT, CENTRAL CIRCLE-1, KOZHIKODE

In the result, appeal of the assessee is hereby dismissed

Bench: Shri Waseem Ahmed & Shri Soundararajan K

Section 145(3) of the Income Tax Act, which apply in cases of discrepancies in the books of accounts, were not invoked in this case. Therefore, we set aside the findings of the learned CIT(A) and direct the Assessing Officer to delete the addition made by him. Consequently, the assessee’s ground of appeal is hereby allowed. 56. Coming