THE ACIT, COCHIN vs. M/S.PVR TOURIST HOME, COCHIN

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm Assessment Year: 2012-13 Acit, Circle-1, Non-Corporate .......... Appellant Iind Floor, C.R. Building, I.S. Press Road Ernakulam 682018 Vs. Pvr Tourist Home .......... Respondent Palarivattom, Kochi 682025 [Pan: Aadfp3442Q] Appellant By: Shri Suresh Sivanandan, Cit-Dr Respondent By: Shri Mohan Pulickal, Advocate Date Of Hearing: 10.03.2025 Date Of Pronouncement: 21.03.2025

depreciable capital assets attracted capital gains tax under Sec.45(4) of the Act, in the absence of distribution of any capital

M/S.KADUNA HOSPITALITY P. LTD,COCHIN vs. THE ITO, COCHIN

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

Bench: Shri P. K. Bansal & Shri George George K.Assessment Year: 2013-14

capital loss of AY 2009-10 to be carried forward and set off against the gain assessable for AY 2013-14 (on account of grant of solatium and interest); 9. the learned Commissioner of Income Tax (Appeals)-I was not justified, in not directing the Assessing Officer to grant set off of unabsorbed depreciation

SRI.JOSE THOMAS,ADOOR P.O., PATHANAMTHITTA vs. THE ACIT,CEN-CIRCLE, KOTTAYAM

In the result, the appeals of the assessesin ITA no

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

gains. The original agreed sale consideration for the total plot of land was increase from Rs.6.5 crore to 12.5 crores. Those land owners who owned a part of the plot of land in question but were non trustees received much lesser amount. Since legally the trustees could not sell the trust, the old trustees surrendered their trusteeship in favour

CARMEL EDUCATIONAL TRUST,PATHANAMTHITTA vs. DCIT,CEN- CIRCLE,, KOTTAYAM

In the result, the appeals of the assesses in ITA no

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

gains. The original agreed sale consideration for the total plot of land was increase from Rs.6.5 crore to 12.5 crores. Those land owners who owned a part of the plot of land in question but were non trustees received much lesser amount. Since legally the trustees could not sell the trust, the old trustees surrendered their trusteeship in favour

THE DCIT CEN-CIRCLE, KOTTAYAM vs. SMT.GRACY BABU, ADOOR P.O.

In the result, the appeals of the assesses in ITA no

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

gains. The original agreed sale consideration for the total plot of land was increase from Rs.6.5 crore to 12.5 crores. Those land owners who owned a part of the plot of land in question but were non trustees received much lesser amount. Since legally the trustees could not sell the trust, the old trustees surrendered their trusteeship in favour

CARMEL EDUCATIONAL TRUST,PATHANAMTHITTA vs. DCIT, KOTTAYAM

In the result, the appeals of the assesses in ITA no

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

gains. The original agreed sale consideration for the total plot of land was increase from Rs.6.5 crore to 12.5 crores. Those land owners who owned a part of the plot of land in question but were non trustees received much lesser amount. Since legally the trustees could not sell the trust, the old trustees surrendered their trusteeship in favour

MRS.GRACY BABU,ADOOR P.O., PATHANAMTHITTA vs. THE DCIT, CEN-CIRCLE, KOTTAYAM

In the result, the appeals of the assessesin ITA no

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

gains. The original agreed sale consideration for the total plot of land was increase from Rs.6.5 crore to 12.5 crores. Those land owners who owned a part of the plot of land in question but were non trustees received much lesser amount. Since legally the trustees could not sell the trust, the old trustees surrendered their trusteeship in favour

CARMEL EDUCATIONAL TRUST,PATHANAMTHITTA vs. DCIT,CEN- CIRCLE,, KOTTAYAM

In the result, the appeals of the assesses in ITA no

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

gains. The original agreed sale consideration for the total plot of land was increase from Rs.6.5 crore to 12.5 crores. Those land owners who owned a part of the plot of land in question but were non trustees received much lesser amount. Since legally the trustees could not sell the trust, the old trustees surrendered their trusteeship in favour

CARMEL EDUCATIONAL TRUST,PATHANAMTHITTA vs. DCIT,CEN- CIRCLE,, KOTTAYAM

In the result, the appeals of the assesses in ITA no

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

gains. The original agreed sale consideration for the total plot of land was increase from Rs.6.5 crore to 12.5 crores. Those land owners who owned a part of the plot of land in question but were non trustees received much lesser amount. Since legally the trustees could not sell the trust, the old trustees surrendered their trusteeship in favour

SMT.GRACY BABU,ADOOR P.O. vs. THE DCIT CEN-CIRCLE, KOTTAYAM

In the result, the appeals of the assessesin ITA no

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

gains. The original agreed sale consideration for the total plot of land was increase from Rs.6.5 crore to 12.5 crores. Those land owners who owned a part of the plot of land in question but were non trustees received much lesser amount. Since legally the trustees could not sell the trust, the old trustees surrendered their trusteeship in favour

SMT.GRACY BABU,ADOOR P.O. vs. THE DCIT CEN-CIRCLE, KOTTAYAM

In the result, the appeals of the assessesin ITA no

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

gains. The original agreed sale consideration for the total plot of land was increase from Rs.6.5 crore to 12.5 crores. Those land owners who owned a part of the plot of land in question but were non trustees received much lesser amount. Since legally the trustees could not sell the trust, the old trustees surrendered their trusteeship in favour

THE ACIT, CEN-CIRCLE, KOTTAYAM vs. SRI.JOSE THOMAS, ADOOR

In the result, the appeals of the assesses in ITA no

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

gains. The original agreed sale consideration for the total plot of land was increase from Rs.6.5 crore to 12.5 crores. Those land owners who owned a part of the plot of land in question but were non trustees received much lesser amount. Since legally the trustees could not sell the trust, the old trustees surrendered their trusteeship in favour

SRI.JOSE THOMAS,ADOOR vs. THE DCIT, CEN-CIRCLE, KOTTAYAM

In the result, the appeals of the assessesin ITA no

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

gains. The original agreed sale consideration for the total plot of land was increase from Rs.6.5 crore to 12.5 crores. Those land owners who owned a part of the plot of land in question but were non trustees received much lesser amount. Since legally the trustees could not sell the trust, the old trustees surrendered their trusteeship in favour

SRI.JOSE THOMAS,ADOOR vs. THE DCIT, CEN-CIRCLE, KOTTAYAM

In the result, the appeals of the assessesin ITA no

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

gains. The original agreed sale consideration for the total plot of land was increase from Rs.6.5 crore to 12.5 crores. Those land owners who owned a part of the plot of land in question but were non trustees received much lesser amount. Since legally the trustees could not sell the trust, the old trustees surrendered their trusteeship in favour

SRI.JOSE THOMAS,ADOOR vs. THE DCIT, CEN-CIRCLE, KOTTAYAM

In the result, the appeals of the assessesin ITA no

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

gains. The original agreed sale consideration for the total plot of land was increase from Rs.6.5 crore to 12.5 crores. Those land owners who owned a part of the plot of land in question but were non trustees received much lesser amount. Since legally the trustees could not sell the trust, the old trustees surrendered their trusteeship in favour

CARMEL EDUCATIONAL TRUST,PATHANAMTHITTA vs. DCIT,CEN- CIRCLE,, KOTTAYAM

In the result, the appeals of the assesses in ITA no

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

gains. The original agreed sale consideration for the total plot of land was increase from Rs.6.5 crore to 12.5 crores. Those land owners who owned a part of the plot of land in question but were non trustees received much lesser amount. Since legally the trustees could not sell the trust, the old trustees surrendered their trusteeship in favour

CARMEL EDUCATIONAL TRUST,PATHANAMTHITTA vs. DCIT,CEN- CIRCLE,, KOTTAYAM

In the result, the appeals of the assesses in ITA no

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

gains. The original agreed sale consideration for the total plot of land was increase from Rs.6.5 crore to 12.5 crores. Those land owners who owned a part of the plot of land in question but were non trustees received much lesser amount. Since legally the trustees could not sell the trust, the old trustees surrendered their trusteeship in favour

THE ACIT CEN-CIRCLE, KOTTAYAM vs. SMT.GRACY BABU, ADOOR P.O.

In the result, the appeals of the assesses in ITA no

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

gains. The original agreed sale consideration for the total plot of land was increase from Rs.6.5 crore to 12.5 crores. Those land owners who owned a part of the plot of land in question but were non trustees received much lesser amount. Since legally the trustees could not sell the trust, the old trustees surrendered their trusteeship in favour