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

REENA ENGINEERS AND CONTRACTORS PRIVATE LTD,PANAJI vs. ACIT, CENTRAL CIRCLE-1, CALICUT

10A\nor section 10AA or section 10B or section 10BA or under any provision of this\nChapter under the Head ‘C- Deductions in respect of certain income', no deduction\nshall be allowed to them. Further, the provisions of section 80AC deal with\ndeductions not to be allowed unless return of income is furnished and as per the said\nprovisions

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

section 148 for A.Y.2009-10 are as 1. Brought forward losses of A.Y. 2008-09 have not been correctly declared by the assessee in the return. 2. The Assessee has claimed deduction u/s 10A of Rs.40,96,155/- from business loss of Rs.24,20,60,716/- which is not proper. 3. Additional depreciation of Rs.17,73,077/- has been claimed

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

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

section 148 for A.Y.2009-10 are as 1. Brought forward losses of A.Y. 2008-09 have not been correctly declared by the assessee in the return. 2. The Assessee has claimed deduction u/s 10A of Rs.40,96,155/- from business loss of Rs.24,20,60,716/- which is not proper. 3. Additional depreciation of Rs.17,73,077/- has been claimed

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

section 148 for A.Y.2009-10 are as 1. Brought forward losses of A.Y. 2008-09 have not been correctly declared by the assessee in the return. 2. The Assessee has claimed deduction u/s 10A of Rs.40,96,155/- from business loss of Rs.24,20,60,716/- which is not proper. 3. Additional depreciation of Rs.17,73,077/- has been claimed

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

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

REENA ENGINEERS AND CONTRACTORS PRIVATE LTD,PANAJI vs. ACIT, CENTRAL CIRCLE-1, CALICUT

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

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

10A or section 10AA or section 10B or section 10BA or under any provision of this Chapter under the Head ‘C- Deductions in respect of certain income’, no deduction shall be allowed to them. Further, the provisions of section 80AC deal with deductions not to be allowed unless return of income is furnished and as per the said provisions

REENA ENGINEERS AND CONTRACTORS PRIVATE LTD,PANAJI vs. ACIT, CENTRAL CIRCLE-1, CALICUT

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

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

10A or section 10AA or section 10B or section 10BA or under any provision of this Chapter under the Head ‘C- Deductions in respect of certain income’, no deduction shall be allowed to them. Further, the provisions of section 80AC deal with deductions not to be allowed unless return of income is furnished and as per the said provisions

REENA ENGINEERS AND CONTRACTORS PRIVATE LTD,PANAJI vs. ACIT, CENTRAL CIRCLE-1, CALICUT

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

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

10A or section 10AA or section 10B or section 10BA or under any provision of this Chapter under the Head ‘C- Deductions in respect of certain income’, no deduction shall be allowed to them. Further, the provisions of section 80AC deal with deductions not to be allowed unless return of income is furnished and as per the said provisions

REENA ENGINEERS AND CONTRACTORS PRIVATE LTD,PANAJI vs. ACIT, CENTRAL CIRCLE-1, CALICUT

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

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

10A or section 10AA or section 10B or section 10BA or under any provision of this Chapter under the Head ‘C- Deductions in respect of certain income’, no deduction shall be allowed to them. Further, the provisions of section 80AC deal with deductions not to be allowed unless return of income is furnished and as per the said provisions