THE MALAYALA MANORAMA CO. PVT. LTD,KOTTAYAM vs. ACIT, CIRCLE & TPS, KOTTAYAM

In the result, appeal filed by the assessee is allowed

Bench: Shri Inturi Rama Rao, Am & Shri Prakash Chand Yadav, Jm Assessment Year: 2017-18 The Malayala Manorama Co Pvt Ltd .......... Appellant Manorama Building, K K Road, Kottayam – 686001, Kerala. Vs. The Income Tax Officer .......... Respondent Circle & Tps, Kottayam.

disallowance of Rs. 7,97,923/- U/s. 14A of the Act and also made an addition of Rs. 4,98,500/- being the cash deposits made in Specified Bank Notes (in short “SBNs”) during the demonetization

INCOME TAX OFFICER, WARD-1, KOTTAYAM vs. SUNITHA MENON, KOTTAYAM

Appeal is allowed