MR.THOMAS DANIEL,PATHANAMTHITTA vs. THE ITO, WARD-4, THIRUVALLA

In the result, the appeal of the assessee is dismissed

Bench: S/Shri Chandra Poojari, Am & George George K., Jm I.T.A. No.68/Coch/2018 Assessment Year : 2014-15

31,38,466 Deductions Payment of interest on borrowed funds 67,30,90,917 Taxable interest 47,549 Other credits 5,000 Income chargeable under the head “Other Sources” 2,70,950 Gross Total Income 7,25,950 3.1 The assessee is managing partner of all the firms and in the profit and loss account of the above firms, interest

M/S SANTHIMADOM AYURNIKETHAN HEALTH RESORT & RESEARCH INSTITUTE TRUST,KOCHI vs. ACIT CENTRAL CIRCLE 2, KOCHI

In the result, the assessee’s appeals are allowed for statistical purposes