THE ITO, COCHIN vs. M/S.PESCAINDE, COCHIN

In the result, the appeals of the Revenue as well as the Cross Objections of the

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

disallowed. I.T.A. Nos. 227-229/Coch/2019 & C.O. Nos. 26 to 28/Coch/2019 4.2 Regarding claim for exemption u/s. 10A, according to the Assessing Officer as per Section

THE ACIT, TRIVANDRUM vs. M/S. PARAGON BIOMEDICAL INDIA (P) LTD, TRIVANDRUM

In the result, the appeals filed by the Revenue are dismissed and the appeal filed

Bench: S/Shri P B Bansal & George George K, Jm

disallowance of deduction under section 10B of the Act based on the judgment of the Hon’ble Delhi High Court, cited supra. However, the first appellate authority has allow the alternative claim for deduction under section 10A

THE ACIT, TRIVANDRUM vs. M/S. PARAGON BIOMEDICAL INDIA (P) LTD, TRIVANDRUM

In the result, the appeals filed by the Revenue are dismissed and the appeal filed

Bench: S/Shri P B Bansal & George George K, Jm

disallowance of deduction under section 10B of the Act based on the judgment of the Hon’ble Delhi High Court, cited supra. However, the first appellate authority has allow the alternative claim for deduction under section 10A

M/S. CLINIPACE CLINICAL RESEARCH P. LTD(FORMERLY PARAGON BIO MEDICAL P. LTD,TRIVANDRUM vs. THE ACIT, TRIVANDRUM

In the result, the appeals filed by the Revenue are dismissed and the appeal filed

Bench: S/Shri P B Bansal & George George K, Jm

disallowance of deduction under section 10B of the Act based on the judgment of the Hon’ble Delhi High Court, cited supra. However, the first appellate authority has allow the alternative claim for deduction under section 10A

M/S.ALLIANZ CORNHILL INFORMATION SERVICES P. LTD,TRIVANDRUM vs. JTCIT, TRIVANDRUM

In the result, the appeal of the assessee is partly allowed and the

Bench: S/Shri Chandra Poojari, Am & George George K., Jm Assessment Year : 2010-11

disallowing the deduction under section 10B of the Act, has erred in law and on facts in not allowing the alternate claim of deduction under section 10A

THE JT CIT, TRIVANDRUM vs. ALLIANZ CORNHILL INFORMATION SERVICES P. LTD, TRIVANDRUM

In the result, the appeal of the assessee is partly allowed and the

Bench: S/Shri Chandra Poojari, Am & George George K., Jm Assessment Year : 2010-11

disallowing the deduction under section 10B of the Act, has erred in law and on facts in not allowing the alternate claim of deduction under section 10A

M/S.US TECHNOLOGY RESOURCES P. LTD,TRIVANDRUM vs. THE ACIT, TRIVANDRUM

In the result, the appeal for assessment year 2011-2012

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

section 40(a)(ia) of the I.T.Act, as it was considered retrospective effect by the Hon’ble Supreme Court in the case of Calcutta Export Company (supra). Accordingly, this issue is remitted to the file of A.O. for fresh consideration. 14. As regards ground No.6 and its sub-grounds, the grievance of the assessee is that the Transfer Pricing Officer

M/S.US TECHNOLOGY RESOURCES P. LTD,TRIVANDRUM vs. THE DCIT, TRIVANDRUM

In the result, the appeal for assessment year 2011-2012

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

section 40(a)(ia) of the I.T.Act, as it was considered retrospective effect by the Hon’ble Supreme Court in the case of Calcutta Export Company (supra). Accordingly, this issue is remitted to the file of A.O. for fresh consideration. 14. As regards ground No.6 and its sub-grounds, the grievance of the assessee is that the Transfer Pricing Officer

KRYTHIUM SOLUTIONS P.LTD,KOCHI vs. THE ACIT, KOCHI

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

Bench: Shri George George K

disallowance of deduction u/s. 10B was upheld. Regarding alternate claim of deduction u/s. 10A, the DRP confirmed the findings of the Assessing Officer. 13.3 Against this, the assessee is in appeal before us. The Ld. AR submitted that the DRP and the A.O. was bound to examine and grant the alternative claim u/s. 10A of the Act to the assessee

KRYTHIUM SOLUTIONS P.LTD,KOCHI vs. THE ACIT, KOCHI

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

Bench: Shri George George K

disallowance of deduction u/s. 10B was upheld. Regarding alternate claim of deduction u/s. 10A, the DRP confirmed the findings of the Assessing Officer. 13.3 Against this, the assessee is in appeal before us. The Ld. AR submitted that the DRP and the A.O. was bound to examine and grant the alternative claim u/s. 10A of the Act to the assessee

KRYTHIUM SOLUTIONS P.LTD,KOCHI vs. THE ACIT, KOCHI

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

Bench: Shri George George K

disallowance of deduction u/s. 10B was upheld. Regarding alternate claim of deduction u/s. 10A, the DRP confirmed the findings of the Assessing Officer. 13.3 Against this, the assessee is in appeal before us. The Ld. AR submitted that the DRP and the A.O. was bound to examine and grant the alternative claim u/s. 10A of the Act to the assessee

KRYTHIUM SOLUTIONS P.LTD,KOCHI vs. THE ACIT, KOCHI

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

Bench: Shri George George K

disallowance of deduction u/s. 10B was upheld. Regarding alternate claim of deduction u/s. 10A, the DRP confirmed the findings of the Assessing Officer. 13.3 Against this, the assessee is in appeal before us. The Ld. AR submitted that the DRP and the A.O. was bound to examine and grant the alternative claim u/s. 10A of the Act to the assessee

M/S.US TECHNOLOGY INTERNATIONAL P. LTD,TRIVANDRUM vs. THE JCIT, TRIVANDRUM

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

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

section 10A / 10B of the Act. The CIT has failed to consider that any disallowance or addition which increases the profits

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

disallowed the amount. The learned CIT(A), after considering the judgement quoted in his order, allowed the appeal of the assessee. 4. Considering the rival submissions we observed that the CIT(A) has decided the issue as under: - “8. I have considered the issue, arguments advanced and the case laws cited. Apparently, it is not in dispute that the payments

PULPATTA SERVICE CO-OPERATIVE BANK LIMITED,MALAPPURAM vs. THE ITO WARD-2, TIRUR, TIRUR

In the result, the assessee’s appeal is dismissed

Bench: Shri Sanjay Arora, Am &Shri Manomohan Das, Jm

section 10A of the Act by the CIT(Appeals), without there being a revised return is illegal and untenable.” (emphasis, ours) Sh. Rishal,the ld. counsel for the assessee, on being questioned by the Bench during hearing, could not meet the said reliance by the ld. CIT(A). His reliance on the decision by the Tribunal in Krushi Vibhag Karmachari

THE KADAVALUR SERVICE COOPERATIVE BANK LIMITED NO3821,THRISSUR vs. THE INCOME TAX OFFICER, WARD 1, GURUVAYUR

In the result, the appeal and Stay Application filed by the assessee are dismissed

Bench: Shri Sanjay Arora, Am & Ms. Kavitha Rajagopal, Jm & Stay Application No. 150/Coch/2023 (Arising Out Of Ita No. 637/Coch/2023 (Assessment Year: 2008-09)

disallowance made by the ld. A.O. on this ground. It is pertinent to point out that the first appellate authority has not decided the section 80P deduction on the merits as to whether the assessee is a Co-operative Bank or a PACS as claimed by the assessee. The assessee, on the other hand, contended that

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

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

disallowing section 10A deduction of Rs.56,48,936/- which has been upheld in the CIT(A)’s detailed discussion as under

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

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

disallowing section 10A deduction of Rs.56,48,936/- which has been upheld in the CIT(A)’s detailed discussion as under