Search: disallowance

M/S POPULAR FINANCE COMPANY,PATHANAMTHITTA vs. THE ACIT,CIR-1,, THIRUVALLA

In the result, the appeals of the Revenue are partly allowed for statistical purposes

ITA 204/COCH/2019[2014-15]Status: DisposedITAT Cochin03 Dec 2019AY 2014-15

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

Section 143(2)Section 143(3)Section 263Section 37(1)

disallowed interest paid on public deposits amounting to Rs. 7,45,07,387/-. 4.1 Therefore, the appeal under consideration is against the order under section 143(3) r.w.s 147 r.w.s. 254 dated 19.07.2013. The relevant paragraphs of the assessment order are as under: "6. From the reply furnished by the assessee and related details available in the file, it would

M/S.POPULAR FINANCE,PATHANAMTHITTA vs. THE ACIT, CIRCLE-1, THIRUVALLA

In the result, the appeals of the Revenue are partly allowed for statistical purposes

ITA 203/COCH/2019[2014-15]Status: DisposedITAT Cochin03 Dec 2019AY 2014-15

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

Section 143(2)Section 143(3)Section 263Section 37(1)

disallowed interest paid on public deposits amounting to Rs. 7,45,07,387/-. 4.1 Therefore, the appeal under consideration is against the order under section 143(3) r.w.s 147 r.w.s. 254 dated 19.07.2013. The relevant paragraphs of the assessment order are as under: "6. From the reply furnished by the assessee and related details available in the file, it would

M/S POPULAR FINANCE COMPANY,PATHANAMTHITTA vs. THE ACIT,CIR-1,, THIRUVALLA

In the result, the appeals of the Revenue are partly allowed for statistical purposes

ITA 202/COCH/2019[2014-15]Status: DisposedITAT Cochin03 Dec 2019AY 2014-15

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

Section 143(2)Section 143(3)Section 263Section 37(1)

disallowed interest paid on public deposits amounting to Rs. 7,45,07,387/-. 4.1 Therefore, the appeal under consideration is against the order under section 143(3) r.w.s 147 r.w.s. 254 dated 19.07.2013. The relevant paragraphs of the assessment order are as under: "6. From the reply furnished by the assessee and related details available in the file, it would

DCIT, THIRUVALLA vs. MAR GREGORIOUS MEMORIAL MUTHOOT MEDICAL CENTRE, KOZHENCHERRY

In the result, the appeals of the Revenue are partly allowed for statistical

ITA 72/COCH/2018[2007-08]Status: HeardITAT Cochin21 Feb 2019AY 2007-08

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

Section 143(3)Section 37(1)Section 45Section 57

disallowed interest paid on public deposits amounting to Rs. 7,45,07,387/-. 4.1 Therefore, the appeal under consideration is against the order under section 143(3) r.w.s 147 r.w.s. 254 dated 19.07.2013. The relevant paragraphs of the assessment order are as under: "6. From the reply furnished by the assessee and related details available in the file, it would

THE ACIT, CIRCLE-1, THIRUVALLA, THIRUVALLA vs. MAR GREGORIOUS MEMORIAL MUTHOOT MEDICAL CENTRE, PATHANAMTHITTA

In the result, the appeals of the Revenue are partly allowed for statistical

ITA 69/COCH/2018[2002-03]Status: HeardITAT Cochin21 Feb 2019AY 2002-03

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

Section 143(3)Section 37(1)Section 45Section 57

disallowed interest paid on public deposits amounting to Rs. 7,45,07,387/-. 4.1 Therefore, the appeal under consideration is against the order under section 143(3) r.w.s 147 r.w.s. 254 dated 19.07.2013. The relevant paragraphs of the assessment order are as under: "6. From the reply furnished by the assessee and related details available in the file, it would

DCIT, THIRUVALLA vs. MUTHOOT PROPERTIES & INVESTMENTS,, KOZHENCHERRY

In the result, the appeals of the Revenue are partly allowed for statistical

ITA 74/COCH/2018[2003-04]Status: HeardITAT Cochin21 Feb 2019AY 2003-04

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

Section 143(3)Section 37(1)Section 45Section 57

disallowed interest paid on public deposits amounting to Rs. 7,45,07,387/-. 4.1 Therefore, the appeal under consideration is against the order under section 143(3) r.w.s 147 r.w.s. 254 dated 19.07.2013. The relevant paragraphs of the assessment order are as under: "6. From the reply furnished by the assessee and related details available in the file, it would

DCIT, THIRUVALLA vs. MAR GREGORIOUS MEMORIAL MUTHOOT MEDICAL CENTRE, KOZHENCHERRY

In the result, the appeals of the Revenue are partly allowed for statistical

ITA 70/COCH/2018[2003-04]Status: HeardITAT Cochin21 Feb 2019AY 2003-04

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

Section 143(3)Section 37(1)Section 45Section 57

disallowed interest paid on public deposits amounting to Rs. 7,45,07,387/-. 4.1 Therefore, the appeal under consideration is against the order under section 143(3) r.w.s 147 r.w.s. 254 dated 19.07.2013. The relevant paragraphs of the assessment order are as under: "6. From the reply furnished by the assessee and related details available in the file, it would

THE ACIT, THIRUVALLA vs. M/S.MUTHOOT PROPERTIES & INVESTMENTS, KOZHENCHERRY

In the result, the appeals of the Revenue are partly allowed for statistical

ITA 73/COCH/2018[2002-03]Status: HeardITAT Cochin21 Feb 2019AY 2002-03

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

Section 143(3)Section 37(1)Section 45Section 57

disallowed interest paid on public deposits amounting to Rs. 7,45,07,387/-. 4.1 Therefore, the appeal under consideration is against the order under section 143(3) r.w.s 147 r.w.s. 254 dated 19.07.2013. The relevant paragraphs of the assessment order are as under: "6. From the reply furnished by the assessee and related details available in the file, it would

THE ACIT, THIRUVALLA vs. M/S.MUTHOOT PROPERTIES & INVESTMENTS, KOZHENCHERRY

In the result, the appeals of the Revenue are partly allowed for statistical

ITA 75/COCH/2018[2005-06]Status: HeardITAT Cochin21 Feb 2019AY 2005-06

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

Section 143(3)Section 37(1)Section 45Section 57

disallowed interest paid on public deposits amounting to Rs. 7,45,07,387/-. 4.1 Therefore, the appeal under consideration is against the order under section 143(3) r.w.s 147 r.w.s. 254 dated 19.07.2013. The relevant paragraphs of the assessment order are as under: "6. From the reply furnished by the assessee and related details available in the file, it would

DCIT, THIRUVALLA vs. MAR GREGORIOUS MEMORIAL MUTHOOT MEDICAL CENTRE, KOZHENCHERRY

In the result, the appeals of the Revenue are partly allowed for statistical

ITA 71/COCH/2018[2004-05]Status: HeardITAT Cochin21 Feb 2019AY 2004-05

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

Section 143(3)Section 37(1)Section 45Section 57

disallowed interest paid on public deposits amounting to Rs. 7,45,07,387/-. 4.1 Therefore, the appeal under consideration is against the order under section 143(3) r.w.s 147 r.w.s. 254 dated 19.07.2013. The relevant paragraphs of the assessment order are as under: "6. From the reply furnished by the assessee and related details available in the file, it would

M/S.KANNAN DEVAN HILLS PLANTATIONS CO. P. LTD,MUNNAR vs. THE ACIT, TRIVANDRUM

In the result, the appeals filed by the assessee are allowed and the appeals filed

ITA 91/COCH/2017[2012-13]Status: DisposedITAT Cochin01 Jan 2018AY 2012-13

Bench: S/Shri George George K., Jm & Manjunatha G., Am

Section 80I

section 10(30) of the Act and hence, was not eligible for the claim u/s. 10(30) of the Act. 7.3 Aggrieved, the by the disallowance of the claim made by the assessee, an appeal was preferred to the first appellate authority. The CIT(A) held that the term ‘subsidy’ notified in sec. 10(30) of the Act is only

M/S.KANNAN DEVAN HILLS PLANTATIONS CO. P. LTD,MUNNAR vs. THE ACIT, COCHIN

In the result, the appeals filed by the assessee are allowed and the appeals filed

ITA 77/COCH/2017[2010-11]Status: DisposedITAT Cochin01 Jan 2018AY 2010-11

Bench: S/Shri George George K., Jm & Manjunatha G., Am

Section 80I

section 10(30) of the Act and hence, was not eligible for the claim u/s. 10(30) of the Act. 7.3 Aggrieved, the by the disallowance of the claim made by the assessee, an appeal was preferred to the first appellate authority. The CIT(A) held that the term ‘subsidy’ notified in sec. 10(30) of the Act is only

THE ACIT, COCHIN vs. M/S. KANNAN DEVAN HILLS PLANTATIONS CO., P. LTD, IDUKKI

In the result, the appeals filed by the assessee are allowed and the appeals filed

ITA 164/COCH/2017[2012-13]Status: DisposedITAT Cochin01 Jan 2018AY 2012-13

Bench: S/Shri George George K., Jm & Manjunatha G., Am

Section 80I

section 10(30) of the Act and hence, was not eligible for the claim u/s. 10(30) of the Act. 7.3 Aggrieved, the by the disallowance of the claim made by the assessee, an appeal was preferred to the first appellate authority. The CIT(A) held that the term ‘subsidy’ notified in sec. 10(30) of the Act is only

THE ACIT, COCHIN vs. M/S. KANNAN DEVAN HILLS PLANTATIONS CO., P. LTD, IDUKKI

In the result, the appeals filed by the assessee are allowed and the appeals filed

ITA 163/COCH/2017[2011-12]Status: DisposedITAT Cochin01 Jan 2018AY 2011-12

Bench: S/Shri George George K., Jm & Manjunatha G., Am

Section 80I

section 10(30) of the Act and hence, was not eligible for the claim u/s. 10(30) of the Act. 7.3 Aggrieved, the by the disallowance of the claim made by the assessee, an appeal was preferred to the first appellate authority. The CIT(A) held that the term ‘subsidy’ notified in sec. 10(30) of the Act is only

M/S.KANNAN DEVAN HILLS PLANTATIONS CO. P. LTD,MUNNAR vs. THE ACIT, COCHIN

In the result, the appeals filed by the assessee are allowed and the appeals filed

ITA 78/COCH/2017[2011-12]Status: DisposedITAT Cochin01 Jan 2018AY 2011-12

Bench: S/Shri George George K., Jm & Manjunatha G., Am

Section 80I

section 10(30) of the Act and hence, was not eligible for the claim u/s. 10(30) of the Act. 7.3 Aggrieved, the by the disallowance of the claim made by the assessee, an appeal was preferred to the first appellate authority. The CIT(A) held that the term ‘subsidy’ notified in sec. 10(30) of the Act is only

ASPINWALL & COMPANY LTD,COCHIN vs. THE ACIT, COCHIN

In the result,the appeal of the Revenue in ITA No

ITA 60/COCH/2015[2006-07]Status: DisposedITAT Cochin19 May 2020AY 2006-07

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

Section 14A

10 SOT 284) (Delhi Trib.) ii) Dhanalakshmi Bank Ltd. vs. ACIT (12 SOT 625) (Cochin Trib.) 5.1 Further, the Ld. AR submitted that section 14A was introduced with the intent to disallow those expenses which have nexus to tax free/exempt income. The Ld. AR submitted that for the purpose of application of provisions of section 14A of the Act, nexus

ASPINWALL & COMPANY LTD,COCHIN vs. THE ACIT, COCHIN

In the result,the appeal of the Revenue in ITA No

ITA 61/COCH/2015[2006-07]Status: DisposedITAT Cochin19 May 2020AY 2006-07

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

Section 14A

10 SOT 284) (Delhi Trib.) ii) Dhanalakshmi Bank Ltd. vs. ACIT (12 SOT 625) (Cochin Trib.) 5.1 Further, the Ld. AR submitted that section 14A was introduced with the intent to disallow those expenses which have nexus to tax free/exempt income. The Ld. AR submitted that for the purpose of application of provisions of section 14A of the Act, nexus

M/S ASPINWALL & CO.,LTD,COCHIN vs. THE ACIT, COCHIN

In the result,the appeal of the Revenue in ITA No

ITA 128/COCH/2017[2012-13]Status: DisposedITAT Cochin19 May 2020AY 2012-13

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

Section 14A

10 SOT 284) (Delhi Trib.) ii) Dhanalakshmi Bank Ltd. vs. ACIT (12 SOT 625) (Cochin Trib.) 5.1 Further, the Ld. AR submitted that section 14A was introduced with the intent to disallow those expenses which have nexus to tax free/exempt income. The Ld. AR submitted that for the purpose of application of provisions of section 14A of the Act, nexus

THE DCIT, COCHIN vs. M/S.ASPINWALL & CO. LTD, COCHIN

In the result,the appeal of the Revenue in ITA No

ITA 133/COCH/2017[2012-13]Status: DisposedITAT Cochin19 May 2020AY 2012-13

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

Section 14A

10 SOT 284) (Delhi Trib.) ii) Dhanalakshmi Bank Ltd. vs. ACIT (12 SOT 625) (Cochin Trib.) 5.1 Further, the Ld. AR submitted that section 14A was introduced with the intent to disallow those expenses which have nexus to tax free/exempt income. The Ld. AR submitted that for the purpose of application of provisions of section 14A of the Act, nexus

PLANT LIPIDS (P) LTD.,KADAYIRUPPU vs. DCIT , CORPORATE CIRCLE-2(1), KOCHI

In the result appeal filed by assessee stands allowed

ITA 598/COCH/2024[2020-21]Status: DisposedITAT Cochin19 May 2025AY 2020-21

Bench: Shri Inturi Rama Rao & Shri Keshav Dubeyassessmentyear:2020-21 Plant Lipids (P) Ltd. Kadayiruppu Po Kolenchery Dcit, Vs. Kerala 682 311 Corporate Circle-2(1) Kochi Pan No : Aabcp6061C Appellant Respondent Appellant By : Shri Thomson Thomas, A.R. Respondent By : Shri Sanjit Kumar Das, D.R. Date Of Hearing : 20.02.2025 Date Of Pronouncement : 19.05.2025 O R D E R Perkeshav Dubey: This Appeal At The Instance Of The Assessee Is Directed Against The Order Of The Ao, Assessment Unit, Income Tax Department Dated 19.6.2024 Vide Din No.Itba/Ast/S/143(3)/2024- 25/1065876641(1) For The Ay 2020-21 Passed U/S 143(3) R.W.S. 144C(13) R.W.S. 144B Of The Income Tax Act, 1961 (In Short “The Act”). 2. The Assessee Has Raised Following Grounds Of Appeal: Plant Lipids (P) Ltd., Kolencherry, Kerala Page 2 Of 8

For Appellant: Shri Thomson Thomas, A.RFor Respondent: Shri Sanjit Kumar Das, D.R

Section 143(3)Section 144(1)Section 144CSection 80GSection 92C

10. Section 135 of Companies Act, 2013 requires companies with CSR obligations, with effect from 01/04/2014. Finance (No.2) Act, 2014 inserted new Explanation 2 to subsection (1) of section 37, so as to clarify that for purposes of subsection (1) of section 37, any expenditure incurred by an assessee on the activities relating to corporate social responsibility referred