THE SOUTH INDIAN BANK,THRISSUR vs. DCIT, CIRCLE 1(1) & TPS, THRISSUR
In the result, the appeal by the assessee is dismissed
ITA 284/COCH/2024[2008-2009]Status: DisposedITAT Cochin27 May 2025AY 2008-2009
Bench: Shri Inturi Rama Raoshri Sandeep Singh Karhailthe South Indian Bank Limited, Head Office, Mission Quarters, Tb Road, Thrissur Kerala - 680001 ............... Appellant Pan : Aabct0022F V/S Dcit, Circle – 1(1) & Tps ……………… Respondent Thrissur, Kerala
For Appellant: Shri Naresh C, CAFor Respondent: Shri Sanjit Kumar Das, CIT-DR
Section 115Section 142(1)Section 143(2)Section 143(3)Section 154Section 234BSection 234DSection 250
115-JAA of the Act.
5. Subsequently, the AO on 11/02/2019 passed a suo moto rectification order, after issuing notice under section 154 of the Act on 04/02/2019, denying the MAT credit on the basis that upon scrutiny of the assessment records for the assessment years 2006-07 and 2007-08, it was noticed that though the return of income
