THE KERALA STATE FINANCIAL ENTERPRISE LTD,CHEMBUKKAVU vs. DCIT, CIRCLE-1(1) &TPS, THRISSUR
In the result, appeal filed by the assessee as well as Revenue stand partly allowed
ITA 81/COCH/2024[2020-2021]Status: DisposedITAT Cochin14 May 2025AY 2020-2021
Bench: Shri Inturi Rama Rao, Accontant Member & Shri Sandeep Singh Karhail
For Respondent: Sri.Sanjit Kumar Das, CIT-DR
Section 143(3)Section 40Section 40A(3)
2. Since identical issues are involved in these appeals, they were heard together and are being disposed of by this consolidated order, for the sake of convenience.
First, we take the appeal filed by the assessee and Revenue for assessment year 2020-2021, for adjudication.
ITA No.81/Coch/2024 : (Assessee’s Appeal)
ITA No.50/Coch/2024 : (Revenue’s Appeal)
3. Briefly, the facts
