M/S.ABAD FISHERIES,COCHIN vs. THE ACIT, COCHIN

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

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

10B. None of the reasons stated by the CIT(A) justify the confirmation of the disallowance. The main observations of the CIT(A) are contrary to the facts and circumstances of the case. 3) The CIT(A) had gone wrong in confirming income of Rs.42,266/- representing interest on income tax refund as income from other sources. I.T.A. No.120/Coch/2014

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