FEDERAL BANK LTD,KOCHI vs. ACIT CORP. CIRCLE-1(1 ) , KOCHI

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

3) entitles the department to make disallowance of expenditure incurred for earning tax free income in cases where assessee do not maintain separate accounts for the investments and other expenditure incurred for earning tax free income. The Hon’ble Court was therefore dealing with cases prior to AY 2007-08 and the methodology to be adopted in those prior years

FEDERAL BANK LTD,KOCHI vs. ACIT CORP. CIRCLE-1(1 ) , KOCHI

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

3) entitles the department to make disallowance of expenditure incurred for earning tax free income in cases where assessee do not maintain separate accounts for the investments and other expenditure incurred for earning tax free income. The Hon’ble Court was therefore dealing with cases prior to AY 2007-08 and the methodology to be adopted in those prior years

FEDERAL BANK LTD,KOCHI vs. ACIT CORP. CIRCLE-1(1 ) , KOCHI

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

3) entitles the department to make disallowance of expenditure incurred for earning tax free income in cases where assessee do not maintain separate accounts for the investments and other expenditure incurred for earning tax free income. The Hon’ble Court was therefore dealing with cases prior to AY 2007-08 and the methodology to be adopted in those prior years

FEDERAL BANK LTD,KOCHI vs. ACIT CORP. CIRCLE-1(1 ) , KOCHI

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

3) entitles the department to make disallowance of expenditure incurred for earning tax free income in cases where assessee do not maintain separate accounts for the investments and other expenditure incurred for earning tax free income. The Hon’ble Court was therefore dealing with cases prior to AY 2007-08 and the methodology to be adopted in those prior years

AYYANTHOLE PANCHAYATH SERVICE COOPERATIVE BANK LIMITED 471,KARIYATTUKARA vs. INCOME TAX OFFICER WARD 2(1), THRISSUR

In the result, the appeals filed by the assessee stand allowed

142(1)", "Section 143(3)", "Section 80P(2)(c)(ii)", "Section 80P(2)(a)(i)", "Section 80P(4)"], "issues": "Disallowance

ACIT, KOCHI vs. FEDERAL BANK LTD, ALUVA

In the result, appeals of the Assessee and revenue for AY 2008-09 to 2010-

Bench: Shri N. V. Vasudevan & Ms. S. Padmavathy

3) entitles the department to make disallowance of expenditure incurred for earning tax free income in cases where ITA Nos. 745 to 747/Coch/2019 ITA Nos. 33 to 35, 272 to 275, 309 to 311/Coch/2020 Page 5 of 28 assessee do not maintain separate accounts for the investments and other expenditure incurred for earning tax free income. The Hon’ble Court

ACIT, KOCHI vs. FEDERAL BANK LTD, ALUVA

In the result, appeals of the Assessee and revenue for AY 2008-09 to 2010-

Bench: Shri N. V. Vasudevan & Ms. S. Padmavathy

3) entitles the department to make disallowance of expenditure incurred for earning tax free income in cases where ITA Nos. 745 to 747/Coch/2019 ITA Nos. 33 to 35, 272 to 275, 309 to 311/Coch/2020 Page 5 of 28 assessee do not maintain separate accounts for the investments and other expenditure incurred for earning tax free income. The Hon’ble Court

ACIT, KOCHI vs. FEDERAL BANK LTD, ALUVA

In the result, appeals of the Assessee and revenue for AY 2008-09 to 2010-

Bench: Shri N. V. Vasudevan & Ms. S. Padmavathy

3) entitles the department to make disallowance of expenditure incurred for earning tax free income in cases where ITA Nos. 745 to 747/Coch/2019 ITA Nos. 33 to 35, 272 to 275, 309 to 311/Coch/2020 Page 5 of 28 assessee do not maintain separate accounts for the investments and other expenditure incurred for earning tax free income. The Hon’ble Court

THE ACIT, , KOCHI vs. M/S.FEDERAL BANK LTD, KOCHI

In the result, appeals of the Assessee and revenue for AY 2008-09 to 2010-

Bench: Shri N. V. Vasudevan & Ms. S. Padmavathy

3) entitles the department to make disallowance of expenditure incurred for earning tax free income in cases where ITA Nos. 745 to 747/Coch/2019 ITA Nos. 33 to 35, 272 to 275, 309 to 311/Coch/2020 Page 5 of 28 assessee do not maintain separate accounts for the investments and other expenditure incurred for earning tax free income. The Hon’ble Court

THE FEDERAL BANK LTD,ALUVA vs. THE ACIT, KOCHI

In the result, appeals of the Assessee and revenue for AY 2008-09 to 2010-

Bench: Shri N. V. Vasudevan & Ms. S. Padmavathy

3) entitles the department to make disallowance of expenditure incurred for earning tax free income in cases where ITA Nos. 745 to 747/Coch/2019 ITA Nos. 33 to 35, 272 to 275, 309 to 311/Coch/2020 Page 5 of 28 assessee do not maintain separate accounts for the investments and other expenditure incurred for earning tax free income. The Hon’ble Court

THE FEDERAL BANK LTD,ALUVA vs. THE ACIT, KOCHI

In the result, appeals of the Assessee and revenue for AY 2008-09 to 2010-

Bench: Shri N. V. Vasudevan & Ms. S. Padmavathy

3) entitles the department to make disallowance of expenditure incurred for earning tax free income in cases where ITA Nos. 745 to 747/Coch/2019 ITA Nos. 33 to 35, 272 to 275, 309 to 311/Coch/2020 Page 5 of 28 assessee do not maintain separate accounts for the investments and other expenditure incurred for earning tax free income. The Hon’ble Court

THE ACIT, KOCHI vs. M/S.FEDERAL BANK LTD, KOCHI

In the result, appeals of the Assessee and revenue for AY 2008-09 to 2010-

Bench: Shri N. V. Vasudevan & Ms. S. Padmavathy

3) entitles the department to make disallowance of expenditure incurred for earning tax free income in cases where ITA Nos. 745 to 747/Coch/2019 ITA Nos. 33 to 35, 272 to 275, 309 to 311/Coch/2020 Page 5 of 28 assessee do not maintain separate accounts for the investments and other expenditure incurred for earning tax free income. The Hon’ble Court

THE FEDERAL BANK LTD,ALUVA vs. THE ACIT, KOCHI

In the result, appeals of the Assessee and revenue for AY 2008-09 to 2010-

Bench: Shri N. V. Vasudevan & Ms. S. Padmavathy

3) entitles the department to make disallowance of expenditure incurred for earning tax free income in cases where ITA Nos. 745 to 747/Coch/2019 ITA Nos. 33 to 35, 272 to 275, 309 to 311/Coch/2020 Page 5 of 28 assessee do not maintain separate accounts for the investments and other expenditure incurred for earning tax free income. The Hon’ble Court

THE FEDERAL BANK LTD,ALUVA vs. THE ACIT, KOCHI

In the result, appeals of the Assessee and revenue for AY 2008-09 to 2010-

Bench: Shri N. V. Vasudevan & Ms. S. Padmavathy

3) entitles the department to make disallowance of expenditure incurred for earning tax free income in cases where ITA Nos. 745 to 747/Coch/2019 ITA Nos. 33 to 35, 272 to 275, 309 to 311/Coch/2020 Page 5 of 28 assessee do not maintain separate accounts for the investments and other expenditure incurred for earning tax free income. The Hon’ble Court

THE FEDERAL BANK LTD,ALUVA vs. THE ACIT, KOCHI

In the result, appeals of the Assessee and revenue for AY 2008-09 to 2010-

Bench: Shri N. V. Vasudevan & Ms. S. Padmavathy

3) entitles the department to make disallowance of expenditure incurred for earning tax free income in cases where ITA Nos. 745 to 747/Coch/2019 ITA Nos. 33 to 35, 272 to 275, 309 to 311/Coch/2020 Page 5 of 28 assessee do not maintain separate accounts for the investments and other expenditure incurred for earning tax free income. The Hon’ble Court

THE ACIT, KOCHI vs. THE FEDERAL BANK LTD, ERNAKULAM

In the result, appeals of the Assessee and revenue for AY 2008-09 to 2010-

Bench: Shri N. V. Vasudevan & Ms. S. Padmavathy

3) entitles the department to make disallowance of expenditure incurred for earning tax free income in cases where ITA Nos. 745 to 747/Coch/2019 ITA Nos. 33 to 35, 272 to 275, 309 to 311/Coch/2020 Page 5 of 28 assessee do not maintain separate accounts for the investments and other expenditure incurred for earning tax free income. The Hon’ble Court

THE FEDERAL BANK LTD,ALUVA vs. THE ACIT, KOCHI

In the result, appeals of the Assessee and revenue for AY 2008-09 to 2010-

Bench: Shri N. V. Vasudevan & Ms. S. Padmavathy

3) entitles the department to make disallowance of expenditure incurred for earning tax free income in cases where ITA Nos. 745 to 747/Coch/2019 ITA Nos. 33 to 35, 272 to 275, 309 to 311/Coch/2020 Page 5 of 28 assessee do not maintain separate accounts for the investments and other expenditure incurred for earning tax free income. The Hon’ble Court

THE FEDERAL BANK LTD,ALUVA vs. THE ACIT, KOCHI

In the result, appeals of the Assessee and revenue for AY 2008-09 to 2010-

Bench: Shri N. V. Vasudevan & Ms. S. Padmavathy

3) entitles the department to make disallowance of expenditure incurred for earning tax free income in cases where ITA Nos. 745 to 747/Coch/2019 ITA Nos. 33 to 35, 272 to 275, 309 to 311/Coch/2020 Page 5 of 28 assessee do not maintain separate accounts for the investments and other expenditure incurred for earning tax free income. The Hon’ble Court