K.K.BUILDERS,KANNUR vs. DCIT, KOZHIKKODE

In the result, appeal of the assessee is dismissed

Bench: Shri Inturi Rama Rao, Am & Shri Sonjoy Sarma, Jm

132 of the Income Tax Act, 1961 (for short, ‘the Act’) were conducted on 26/09/2012 at the business premises of the assessee. During the course of such search and seizure operations, certain incriminating material was stated to have been found and seized. According to the Assessing Officer (for short, ‘AO’) the incriminating material, so seized, revealed that assessee had earned

THE ACIT, KOCHI vs. M/S.KUNNEL ENGINEERS & CONTRACTORS P. LTD, KOCHI

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

depreciation on undivided share of land treating them as cost paid towards building. 8. The CIT(A) ought to have considered the fact that the onus to establish the linkage between the borrowed funds and the interest free loans to the sister concerns lies on the assessee. 9. It is prayed that the orders of the learned Commissioner of Income

THE ACIT, KOCHI vs. M/S.COCHIN SHIPYARD LTD, KOCHI

In the result, all the appeals by the revenue are dismissed

Bench: Smt. Beena Pillai & Ms. Padmavathy S.

depreciation in the subsequent year. ITA Nos.655 to 659/Coch/2019 Page 4 of 10 4.2 Learned Senior Counsel appearing for the assessee refers to and relies on the judgments in Commissioner of Income-tax, Madurai v. T P Textiles (P) Ltd. (2017) 79 taxmann.com 411 (Madras) and Commissioner of Income-tax, Bangalore v. Rittal India (P) Ltd. (2016) 66 taxmann.com

THE ACIT, KOCHI vs. M/S.COCHIN SHIPYARD LTD, KOCHI

In the result, all the appeals by the revenue are dismissed

Bench: Smt. Beena Pillai & Ms. Padmavathy S.

depreciation in the subsequent year. ITA Nos.655 to 659/Coch/2019 Page 4 of 10 4.2 Learned Senior Counsel appearing for the assessee refers to and relies on the judgments in Commissioner of Income-tax, Madurai v. T P Textiles (P) Ltd. (2017) 79 taxmann.com 411 (Madras) and Commissioner of Income-tax, Bangalore v. Rittal India (P) Ltd. (2016) 66 taxmann.com

THE ACIT, KOCHI vs. M/S.COCHIN SHIPYARD LTD, KOCHI

In the result, all the appeals by the revenue are dismissed

Bench: Smt. Beena Pillai & Ms. Padmavathy S.

depreciation in the subsequent year. ITA Nos.655 to 659/Coch/2019 Page 4 of 10 4.2 Learned Senior Counsel appearing for the assessee refers to and relies on the judgments in Commissioner of Income-tax, Madurai v. T P Textiles (P) Ltd. (2017) 79 taxmann.com 411 (Madras) and Commissioner of Income-tax, Bangalore v. Rittal India (P) Ltd. (2016) 66 taxmann.com

THE ACIT, KOCHI vs. M/S.COCHIN SHIPYARD LTD, KOCHI

In the result, all the appeals by the revenue are dismissed

Bench: Smt. Beena Pillai & Ms. Padmavathy S.

depreciation in the subsequent year. ITA Nos.655 to 659/Coch/2019 Page 4 of 10 4.2 Learned Senior Counsel appearing for the assessee refers to and relies on the judgments in Commissioner of Income-tax, Madurai v. T P Textiles (P) Ltd. (2017) 79 taxmann.com 411 (Madras) and Commissioner of Income-tax, Bangalore v. Rittal India (P) Ltd. (2016) 66 taxmann.com

THE ACIT, KOCHI vs. M/S.COCHIN SHIPYARD LTD, KOCHI

In the result, all the appeals by the revenue are dismissed

Bench: Smt. Beena Pillai & Ms. Padmavathy S.

depreciation in the subsequent year. ITA Nos.655 to 659/Coch/2019 Page 4 of 10 4.2 Learned Senior Counsel appearing for the assessee refers to and relies on the judgments in Commissioner of Income-tax, Madurai v. T P Textiles (P) Ltd. (2017) 79 taxmann.com 411 (Madras) and Commissioner of Income-tax, Bangalore v. Rittal India (P) Ltd. (2016) 66 taxmann.com

SREEKUMARI AMMA,THIRUVANANTHAPURAM vs. DCIT, CENTRAL CIRCLE, THIRUVANANTHAPURAM, THIRUVANANTHAPURAM

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

Bench: Smt. Beena Pillai & Ms. Padmavathy S

132 of the IT Act (“the Act”) was carried out in the case of Shri Vinodkumar Kuttappan group on 05.05.2016 and the assessee is wife of Shri Vinod Kumar Kuttappan. The assessee is the Managing Director of Keranadu Printing and Publishing (P) Ltd. and Nightingale College of Nursing, Trivandrum. Warrant of authorisation was also served on the assessee and accordingly

SREEKUMARI AMMA,THIRUVANANTHAPURAM vs. DCIT, CENTRAL CIRCLE, THIRUVANANTHAPURAM, THIRUVANANTHAPURAM

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

Bench: Smt. Beena Pillai & Ms. Padmavathy S

132 of the IT Act (“the Act”) was carried out in the case of Shri Vinodkumar Kuttappan group on 05.05.2016 and the assessee is wife of Shri Vinod Kumar Kuttappan. The assessee is the Managing Director of Keranadu Printing and Publishing (P) Ltd. and Nightingale College of Nursing, Trivandrum. Warrant of authorisation was also served on the assessee and accordingly

SREEKUMARI AMMA,THIRUVANANTHAPURAM vs. DCIT, CENTRAL CIRCLE, THIRUVANANTHAPURAM, THIRUVANANTHAPURAM

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

Bench: Smt. Beena Pillai & Ms. Padmavathy S

132 of the IT Act (“the Act”) was carried out in the case of Shri Vinodkumar Kuttappan group on 05.05.2016 and the assessee is wife of Shri Vinod Kumar Kuttappan. The assessee is the Managing Director of Keranadu Printing and Publishing (P) Ltd. and Nightingale College of Nursing, Trivandrum. Warrant of authorisation was also served on the assessee and accordingly

SREEKUMARI AMMA,THIRUVANANTHAPURAM vs. DCIT, CENTRAL CIRCLE, THIRUVANANTHAPURAM, THIRUVANANTHAPURAM

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

Bench: Smt. Beena Pillai & Ms. Padmavathy S

132 of the IT Act (“the Act”) was carried out in the case of Shri Vinodkumar Kuttappan group on 05.05.2016 and the assessee is wife of Shri Vinod Kumar Kuttappan. The assessee is the Managing Director of Keranadu Printing and Publishing (P) Ltd. and Nightingale College of Nursing, Trivandrum. Warrant of authorisation was also served on the assessee and accordingly

SREEKUMARI AMMA,THIRUVANANTHAPURAM vs. DCIT, CENTRAL CIRCLE, THIRUVANANTHAPURAM, THIRUVANANTHAPURAM

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

Bench: Smt. Beena Pillai & Ms. Padmavathy S

132 of the IT Act (“the Act”) was carried out in the case of Shri Vinodkumar Kuttappan group on 05.05.2016 and the assessee is wife of Shri Vinod Kumar Kuttappan. The assessee is the Managing Director of Keranadu Printing and Publishing (P) Ltd. and Nightingale College of Nursing, Trivandrum. Warrant of authorisation was also served on the assessee and accordingly

SREEKUMARI AMMA,THIRUVANANTHAPURAM vs. DCIT, CENTRAL CIRCLE, THIRUVANANTHAPURAM, THIRUVANANTHAPURAM

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

Bench: Smt. Beena Pillai & Ms. Padmavathy S

132 of the IT Act (“the Act”) was carried out in the case of Shri Vinodkumar Kuttappan group on 05.05.2016 and the assessee is wife of Shri Vinod Kumar Kuttappan. The assessee is the Managing Director of Keranadu Printing and Publishing (P) Ltd. and Nightingale College of Nursing, Trivandrum. Warrant of authorisation was also served on the assessee and accordingly

SREEKUMARI AMMA,THIRUVANANTHAPURAM vs. DCIT, CENTRAL CIRCLE, THIRUVANANTHAPURAM, THIRUVANANTHAPURAM

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

Bench: Smt. Beena Pillai & Ms. Padmavathy S

132 of the IT Act (“the Act”) was carried out in the case of Shri Vinodkumar Kuttappan group on 05.05.2016 and the assessee is wife of Shri Vinod Kumar Kuttappan. The assessee is the Managing Director of Keranadu Printing and Publishing (P) Ltd. and Nightingale College of Nursing, Trivandrum. Warrant of authorisation was also served on the assessee and accordingly

THARIF BUILDERS P. LTD,KOZHIKKODE vs. THEACIT, KOZHIKKODE

In the result, the appeals of the assessee are partly allowed

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

section 142 of the Income Tax Act, 1961, is issued to Shri Mohammed Kutty Haji @ Tharif Mall, Shri Hamza Puthukudy, Tharif Builders Pvt. Ltd. (name of person) to produce or cause to be produced books of account or other documents which will be useful for, relevant to, proceedings under the Indian Income Tax Act, 1922, or under the Income

THARIF BUILDERS P. LTD,KOZHIKKODE vs. THEACIT, KOZHIKKODE

In the result, the appeals of the assessee are partly allowed

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

section 142 of the Income Tax Act, 1961, is issued to Shri Mohammed Kutty Haji @ Tharif Mall, Shri Hamza Puthukudy, Tharif Builders Pvt. Ltd. (name of person) to produce or cause to be produced books of account or other documents which will be useful for, relevant to, proceedings under the Indian Income Tax Act, 1922, or under the Income

THARIF BUILDERS P. LTD,KOZHIKKODE vs. THEACIT, KOZHIKKODE

In the result, the appeals of the assessee are partly allowed

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

section 142 of the Income Tax Act, 1961, is issued to Shri Mohammed Kutty Haji @ Tharif Mall, Shri Hamza Puthukudy, Tharif Builders Pvt. Ltd. (name of person) to produce or cause to be produced books of account or other documents which will be useful for, relevant to, proceedings under the Indian Income Tax Act, 1922, or under the Income

DR. K.E. MOORTHY,PATHANAMTHITTA vs. DCIT, KOLLAM

In the result, the appeals of the assessee in ITA Nos

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

depreciation of Rs.164250 and 93400 in asst years 2003-04 and 2004-05. Without considering the above the AO has levied penalty on the above disallowance which also does not invite the rigour of section 271(1) (c). viii) The AO has not come out with a single mistake in the cash flow statements filed based on which the return