INFOPARKS KERALA,COCHIN vs. THE ACIT, COCHIN

In the result, the assessee’s appeals are partly allowed

Bench: Shri Sanjay Arora, Am & Shri Aby T. Varkey, Jm

depreciation, themselves, in holding the assessee-respondent as not entitled to exemption u/s.10(23C)(vi) of the Act. 4.7 In view

INFOPARKS KERALA,TRIVANDRUM vs. THE JT DIRECTOR OF IT (OSD) EXEM), COCHIN

In the result, the assessee’s appeals are partly allowed

Bench: Shri Sanjay Arora, Am & Shri Aby T. Varkey, Jm

depreciation, themselves, in holding the assessee-respondent as not entitled to exemption u/s.10(23C)(vi) of the Act. 4.7 In view

THE ITO,, ALAPPUZHA vs. M/S.EXTRAWEAVE P. LTD, ALAPPUZHA

In the result, the appeal filed by the Revenue is partly allowed

Bench: Shri George George K. & Shri Laxmi Prasad Sahum/S. Extraweave Pvt. Ltd. Arattukulangara Complex 264B/Cmc 1 Vs. A.N. Puram, Alapuzha 688011 Sakteeswara Junction Cherthala 688524 Pan – Aabce5438L Appellant Respondent

Depreciation 3,36,17,037 2,98,15,179 38,01,858 Business loss 40,37,633 10,08,807 30,28,826 Total 3,76,54,670 3,08,23,986 68,30,684 9 M/s. Extraweave Pvt. Ltd. In this regard the assessee submitted that the profit from the exempted

CHERIAN VARKEY CONSTRUCTION CO.(P) LTD,COCHIN vs. THE ACIT, COCHIN

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

Bench: Shri George George K, Jm & Shri Laxmi Prasad Sahu, Am

depreciation under Section 32(1)(iia) for the plant and machinery used in the manufacturing activity being the production of RMC. We leave the question, whether the exemption

CARMEL CONVENT ,THIRUVANANTHAPURAM vs. ITO EXEMPTION WARD, TRIVANDRAM, THIRUVANANTHAPURAM

In the result, the assessee’s appeal is partly allowed and partly allowed for statistical purposes, and it’s stay petition is dismissed

Bench: Shri Sanjay Arora & Dr. Seethalakshmi

exemption u/s. 11(1)(a), i.e., on account of application of income, accordingly, at Rs.54.22 lakhs. The assessee, before the ld. CIT(A) objects thereto, stating as: (a) though depreciation

APTIV CONNECTION SYSTEMS INDIA PRIVATE LIMITED,KOCHI, KERALA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE 1(1) KOCHI, KOCHI, KERALA

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

Bench: Shri Waseem Ahmed & Shri Soundararajan K

exemption u/s 10AA of the Act. 6. Likewise, the ITAT also observed that the claimed u/s 10A of the Act of an eligible unit shall not be allowed to be carried forward like the loss or depreciation

APTIV CONNECTION SYSTEMS INDIA PRIVATE LIMITED,KOCHI, KERALA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE 1(1), KOCHI, ERNAKULAM

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

Bench: Shri Waseem Ahmed & Shri Soundararajan K

exemption u/s 10AA of the Act. 6. Likewise, the ITAT also observed that the claimed u/s 10A of the Act of an eligible unit shall not be allowed to be carried forward like the loss or depreciation

THE DCIT, COCHIN vs. M/S.COCHIN INTERNATIONAL AIRPORT LTD, COCHIN

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

exempt income in the relevant previous year(s) which is nowhere disputed in the corresponding substantive grounds. We conclude in these facts that once the assessee had already proved to have utilized it’s interest free funds, Cochin International Airport Ltd. no proportionate interest could be disallowed in sec.14A read with Rule-8D as per above judicial precedents. Rejected accordingly

THE DCIT, COCHIN vs. M/S.COCHIN INTERNATIONAL AIRPORT LTD, COCHIN

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

exempt income in the relevant previous year(s) which is nowhere disputed in the corresponding substantive grounds. We conclude in these facts that once the assessee had already proved to have utilized it’s interest free funds, Cochin International Airport Ltd. no proportionate interest could be disallowed in sec.14A read with Rule-8D as per above judicial precedents. Rejected accordingly

THEDCIT, COCHIN vs. M.S COCHIN INTERNATIONAL AIRPORT LTD, COCHIN

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

exempt income in the relevant previous year(s) which is nowhere disputed in the corresponding substantive grounds. We conclude in these facts that once the assessee had already proved to have utilized it’s interest free funds, Cochin International Airport Ltd. no proportionate interest could be disallowed in sec.14A read with Rule-8D as per above judicial precedents. Rejected accordingly

THE DCIT, COCHIN vs. M.S COCHIN INTERNATIONAL AIRPORT LTD, COCHIN

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

exempt income in the relevant previous year(s) which is nowhere disputed in the corresponding substantive grounds. We conclude in these facts that once the assessee had already proved to have utilized it’s interest free funds, Cochin International Airport Ltd. no proportionate interest could be disallowed in sec.14A read with Rule-8D as per above judicial precedents. Rejected accordingly

JUBILEE MISSION HOSPITAL,THRISSUR vs. THE DCIT, THRISSUR

In the result, the appeals filed by the assessee in ITA Nos

Bench: Shri Chandra Poojari & Smt. Beena Pillai

Exemption Circle Kochi PAN NO : AAAAJ1080J APPELLANT RESPONDENT Appellant by : Sri Surendranath Rao, A.R. Respondent by : Smt. J.M. Jamuna Devi, Sr. D.R. Date of Hearing : 14.09.2022 Date of Pronouncement : 14.09.2022 O R D E R PER CHANDRA POOJARI, ACCOUNTANT MEMBER: All these appeals by assessee are directed against different orders of Ld. CIT(A) for the assessment years

JUBILEE MISSION HOSPITAL ,KAKKANAD vs. THE DCIT, KOCHI

In the result, the appeals filed by the assessee in ITA Nos

Bench: Shri Chandra Poojari & Smt. Beena Pillai

Exemption Circle Kochi PAN NO : AAAAJ1080J APPELLANT RESPONDENT Appellant by : Sri Surendranath Rao, A.R. Respondent by : Smt. J.M. Jamuna Devi, Sr. D.R. Date of Hearing : 14.09.2022 Date of Pronouncement : 14.09.2022 O R D E R PER CHANDRA POOJARI, ACCOUNTANT MEMBER: All these appeals by assessee are directed against different orders of Ld. CIT(A) for the assessment years

JUBILEE MISSION HOSPITAL,THRISSUR vs. THE DCIT, KOCHI

In the result, the appeals filed by the assessee in ITA Nos

Bench: Shri Chandra Poojari & Smt. Beena Pillai

Exemption Circle Kochi PAN NO : AAAAJ1080J APPELLANT RESPONDENT Appellant by : Sri Surendranath Rao, A.R. Respondent by : Smt. J.M. Jamuna Devi, Sr. D.R. Date of Hearing : 14.09.2022 Date of Pronouncement : 14.09.2022 O R D E R PER CHANDRA POOJARI, ACCOUNTANT MEMBER: All these appeals by assessee are directed against different orders of Ld. CIT(A) for the assessment years

JUBILEE MISSION HOSPITAL.,THRISSUR vs. THE DCIT, KOCHI

In the result, the appeals filed by the assessee in ITA Nos

Bench: Shri Chandra Poojari & Smt. Beena Pillai

Exemption Circle Kochi PAN NO : AAAAJ1080J APPELLANT RESPONDENT Appellant by : Sri Surendranath Rao, A.R. Respondent by : Smt. J.M. Jamuna Devi, Sr. D.R. Date of Hearing : 14.09.2022 Date of Pronouncement : 14.09.2022 O R D E R PER CHANDRA POOJARI, ACCOUNTANT MEMBER: All these appeals by assessee are directed against different orders of Ld. CIT(A) for the assessment years

M/S INDITRADE CAPITAL LTD (PREVIOUSLY KNOWN AS ,KOCHI vs. THE ITO, CORPORATE WARD1(1),, KOCHI

In the result, the appeal filed by the assessee stands allowed

Bench: Shri Inturi Rama Rao & Shri Sandeep Singh Karhail

depreciation on account of non- compete fee paid relying upon the decision of the Hon’ble Delhi High Court in the case of Sharp Business Solution, cited supra. However, the CIT(A) granted relief in respect of disallowance of interest u/s.36(1)(iii) of the Act and difference for TDS credit. Thus, the appeal filed by the assessee stands partly

M/S INDITRADE CAPITAL LTD (PREVIOUSLY KNOWN AS "JRG SECURITIES LTD"),KOCHI vs. THE ITO, CORPORATE WARD1(1),, KOCHI

In the result, the appeal filed by the assessee stands allowed

Bench: Shri Inturi Rama Rao & Shri Sandeep Singh Karhail

depreciation on account of non- compete fee paid relying upon the decision of the Hon’ble Delhi High Court in the case of Sharp Business Solution, cited supra. However, the CIT(A) granted relief in respect of disallowance of interest u/s.36(1)(iii) of the Act and difference for TDS credit. Thus, the appeal filed by the assessee stands partly

M/S INDITRADE CAPITAL LTD (PREVIOUSLY KNOWN AS ,KOCHI vs. THE ITO, CORPORATE WARD1(1),, KOCHI

In the result, the appeal filed by the assessee stands allowed

Bench: Shri Inturi Rama Rao & Shri Sandeep Singh Karhail

depreciation on account of non- compete fee paid relying upon the decision of the Hon’ble Delhi High Court in the case of Sharp Business Solution, cited supra. However, the CIT(A) granted relief in respect of disallowance of interest u/s.36(1)(iii) of the Act and difference for TDS credit. Thus, the appeal filed by the assessee stands partly