EDARIKODE SERVICE CO-OPERATIVE BANK LTD,MALAPURAM vs. INCOME TAX OFFICER, WARD TDS, KOZHIKODE, KOZHIKODE

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

Bench: Shri George George K. & Shri Laxmi Prasad Sahu

2. Provisions of section 201(1) and 201(1A) are not attracted for short deduction of TDS on salary because the appellant had deducted the TDS on a bona fide estimate of the tax liability of the employees. 3. Interest computation u/s 201(1A) for short deduction of TDS on salary is erroneous. 4. Interest computation

EDARIKODE SERVICE CO-OPERATIVE BANK LTD,EDARIKODE vs. ASSISTANT COMMISSIONER OF INCOME TAX (OSD) (TDS) KOZHIKODE, KOZHIKODE

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

Bench: Shri George George K. & Shri Laxmi Prasad Sahu

2. Provisions of section 201(1) and 201(1A) are not attracted for short deduction of TDS on salary because the appellant had deducted the TDS on a bona fide estimate of the tax liability of the employees. 3. Interest computation u/s 201(1A) for short deduction of TDS on salary is erroneous. 4. Interest computation

EDARIKODE SERVICE CO-OPERATIVE BANK LTD,EDARIKODE vs. ASSISTANT COMMISSIONER OF INCOME TAX (OSD) (TDS) KOZHIKODE, KOZHIKODE

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

Bench: Shri George George K. & Shri Laxmi Prasad Sahu

2. Provisions of section 201(1) and 201(1A) are not attracted for short deduction of TDS on salary because the appellant had deducted the TDS on a bona fide estimate of the tax liability of the employees. 3. Interest computation u/s 201(1A) for short deduction of TDS on salary is erroneous. 4. Interest computation

EDARIKODE SERVICE CO-OPERATIVE BANK LTD,EDARIKODE vs. ASSISTANT COMMISSIONER OF INCOME TAX (OSD) (TDS) KOZHIKODE, KOZHIKODE

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

Bench: Shri George George K. & Shri Laxmi Prasad Sahu

2. Provisions of section 201(1) and 201(1A) are not attracted for short deduction of TDS on salary because the appellant had deducted the TDS on a bona fide estimate of the tax liability of the employees. 3. Interest computation u/s 201(1A) for short deduction of TDS on salary is erroneous. 4. Interest computation

SRI.THOMAS CHACKO PROPRIETOR OF GROUP MUKKADAN,KCOHI vs. ACIT WARD-2, KOCHI

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

80A(2) of the Act. Since the business income is only Rs. 7,35,054/- included in GTI of Rs. 2,31,31,119/-, the deduction u/s 80JJAA has to be restricted to Rs. 7,35,054/-, Hence, I don't find any infirmity in the restriction of deduction u/s 80JJAA of the Act made by the AO in intimation

THOMAS CHACKO,KOCHI vs. THE DCIT KOCHI CIRCLE 1(1), KOCHI

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

80A(2) of the Act. Since the business income is only Rs. 7,35,054/- included in GTI of Rs. 2,31,31,119/-, the deduction u/s 80JJAA has to be restricted to Rs. 7,35,054/-, Hence, I don't find any infirmity in the restriction of deduction u/s 80JJAA of the Act made by the AO in intimation

SRI.THOMAS CHACKO PROPRIETOR OF GROUP MUKKADAN,KCOHI vs. ACIT , KOCHI

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

80A(2) of the Act. Since the business income is only Rs. 7,35,054/- included in GTI of Rs. 2,31,31,119/-, the deduction u/s 80JJAA has to be restricted to Rs. 7,35,054/-, Hence, I don't find any infirmity in the restriction of deduction u/s 80JJAA of the Act made by the AO in intimation

KERALA STATE COOPERATIVE EMPLOYEES PENSION BOARD,THIRUVANANTHAPURAM vs. ASSISTANT COMMISSIONER OF INCOME TAX, EXEMPTION CIRCLE, THIRUVANANTHAPURAM

In the result, the appeal filed by the assessee is dismissed

Bench: Shri George George K., Vp & Shri Inturi Rama Rao, Am

80A of the Kerala State Co-operative Societies Act, 1969. It is founded for the purpose of administering the pension fund which have the sole purpose to provide annuities for employees of co-operative society in Kerala State on their 2 Kerala State Co-op. Employees Pension Board retirement at or after a specified age or on their becoming incapacitated