CONDIS INDIA HEALTHCARE PRIVATE LIMITED,TRIVANDRUM vs. ACIT CIRCLE 1(1), TRIVANDRUM

In the result, the appeals ITA Nos

Bench: Shri Waseem Ahmed & Shri Soundararajan K.

section 14A mandates to make disallowance of the expenses claimed by the assessee in relation to the exempted income. However, such disallowance can be worked out after recording satisfaction after having regard to the accounts of the assessee. In the present case the assessee is engaged in consultancy services and has declared a total income of Rs. 40,67,150

CONDIS INDIA HEALTHCARE PRIVATE LIMITED,TRIVANDRUM vs. ACIT CIRCLE 1(1), TRIVANDRUM

In the result, the appeals ITA Nos

Bench: Shri Waseem Ahmed & Shri Soundararajan K.

section 14A mandates to make disallowance of the expenses claimed by the assessee in relation to the exempted income. However, such disallowance can be worked out after recording satisfaction after having regard to the accounts of the assessee. In the present case the assessee is engaged in consultancy services and has declared a total income of Rs. 40,67,150

CONDIS INDIA HEALTHCARE PRIVATE LIMITED,TRIVANDRUM vs. ACIT CIRCLE 1(1), TRIVANDRUM

In the result, the appeals ITA Nos

Bench: Shri Waseem Ahmed & Shri Soundararajan K.

section 14A mandates to make disallowance of the expenses claimed by the assessee in relation to the exempted income. However, such disallowance can be worked out after recording satisfaction after having regard to the accounts of the assessee. In the present case the assessee is engaged in consultancy services and has declared a total income of Rs. 40,67,150

AY BROADCAST FOUNDATION,THIRUVALLA vs. THE ACIT, CIR-1,, THIRUVALLA

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: S/Shri Chandra Poojari, Am & George George K., Jm I.T.A. No.263/Coch/2018 Assessment Year : 2014-15 Ay Broadcast Foundation, Vs. The Assistant Commissioner Of Gfa Buildings, Income-Tax, Circle-1, Thiruvalla. Manjadi, Thiruvalla. [Pan:Aafca 3216]

disallowing deduction u/s 11 as claimed by the Company in the income tax return and not treating the company as a business entity. 7. For these and other grounds to be adduced at the time of hearing, it is prayed that the order of the Learned Commissioner of Income-Tax (Appeals) may be quashed. 3. The facts of the case

THE ITO,, COCHIN vs. M.SKERALA AYURVEDA LTD, ALUVA

In the result, ground No.2 raised by the Revenue is allowed

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

section 14A is only to the extent of ITA Nos.307-308/Coch/2017. 5 M/s.Kerala Ayurveda Limited. disallowing expenditure incurred by the assessee in relation to the exempt income. This proportion or portion of the tax exempt income surely cannot swallow the entire amount. In this case, admittedly, the assessee has earned dividend income of Rs.4,000 from investment in shares of Canara

THE ITO,, COCHIN vs. M.SKERALA AYURVEDA LTD, ALUVA

In the result, ground No.2 raised by the Revenue is allowed

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

section 14A is only to the extent of ITA Nos.307-308/Coch/2017. 5 M/s.Kerala Ayurveda Limited. disallowing expenditure incurred by the assessee in relation to the exempt income. This proportion or portion of the tax exempt income surely cannot swallow the entire amount. In this case, admittedly, the assessee has earned dividend income of Rs.4,000 from investment in shares of Canara

M/S.JOY ALUKKAS INDIA P. LTD,COCHIN vs. THE ACIT, COCHIN

In the result, the appeal filed by the Assessee stands partly allowed for statistical purposes

Bench: Shri Inturi Rama Rao, Am& Shri Rahul Chaudharyit (Tp) A No. 119/Coch/2016 (Assessment Year: 2011-12) & It (Tp) A Nos. 38 & 643/Coch/2017 (Assessment Years :2012-13 & 2013-14)

150,75,82,230/- 5. The appellant-company also reported the following international transactions with the Associated Enterprises (AEs):- Sr.No. Name of the AE Nature of Total amount Method adopted international transaction 1. Joy AlukkasJewellery Export of Jewellery Rs. TNMM LLC, Dubai 18,84,01,929 2. Joy AlukkasJewellery Export of Textiles Rs. 5,12,56,914 TNMM

M/S.JOY ALUKKAS INDIA P. LTD,TRICHUR vs. THE ACIT, ERNAKULAM

In the result, the appeal filed by the Assessee stands partly allowed for statistical purposes

Bench: Shri Inturi Rama Rao, Am& Shri Rahul Chaudharyit (Tp) A No. 119/Coch/2016 (Assessment Year: 2011-12) & It (Tp) A Nos. 38 & 643/Coch/2017 (Assessment Years :2012-13 & 2013-14)

150,75,82,230/- 5. The appellant-company also reported the following international transactions with the Associated Enterprises (AEs):- Sr.No. Name of the AE Nature of Total amount Method adopted international transaction 1. Joy AlukkasJewellery Export of Jewellery Rs. TNMM LLC, Dubai 18,84,01,929 2. Joy AlukkasJewellery Export of Textiles Rs. 5,12,56,914 TNMM

THE JT DIRECTOR OF IT ( I&C1), KOCHI vs. M/S.PUDUKKAD SERVICE CO-OP BANK LTD, THRISSUR

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

disallowance of deduction of Rs. 1,16,86,150/- claimed by the assessee under section 80P(2) (a) (i) of the Act solely

THE ITO,WD-2(4), KOCHI vs. M/S.PUDUKKAD SERVICE CO-OP BANK LTD, THRISSUR

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

disallowance of deduction of Rs. 1,16,86,150/- claimed by the assessee under section 80P(2) (a) (i) of the Act solely

THE ITO,WD-2(4), KOCHI vs. M/S.PUDUKKAD SERVICE CO-OP BANK LTD, THRISSUR

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

disallowance of deduction of Rs. 1,16,86,150/- claimed by the assessee under section 80P(2) (a) (i) of the Act solely

THE JT DIRECTOR OF IT ( I&C1), KOCHI vs. M/S.PUDUKKAD SERVICE CO-OP BANK LTD, THRISSUR

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

disallowance of deduction of Rs. 1,16,86,150/- claimed by the assessee under section 80P(2) (a) (i) of the Act solely

THE ITO,WD-2(4), KOCHI vs. M/S.PUDUKKAD SERVICE CO-OP BANK LTD, THRISSUR

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

disallowance of deduction of Rs. 1,16,86,150/- claimed by the assessee under section 80P(2) (a) (i) of the Act solely

SRI. MANZAR ALIKUNJU,KOLLAM vs. THE ACIT, ALAPPUZHA

In the result, the appeal of the assessee in ITA No

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

150/-. The assessment u/s. 143(3) of the Act was completed on 28/12/2011 determining a total income of Rs.18,53,800/-. In pursuance of an AIR information received, the Assessing Officer completed the assessment by adding back Rs.11,10,650/- u/s. 69 of the Act. Though the assessee objected the addition initially, the assessee agreed with the addition made

KINGS INFRA VENTURES LTD,THEVARA vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE 1 (2), KOCHI, KOCHI

In the result, the appeal by the assessee is dismissed

Bench: Shri Sanjay Arora & Shri Sandeep Gosainkings Infra Ventures Ltd. Asstt. Commissioner Of A-1, 1St Floor, Atria Apartment Income Tax, Opp. Gurudwara Temple Vs. Circle - 1(2) Perumanur Road Kochi Thevara, Kochi [Pan:Aaccv3411D] (Respondent) (Appellant) Appellant By: Shri Joseph Markose, Sr. Advocate Respondent By: Smt. J.M. Jamuna Devi, Sr. D.R.

disallowance for the current year, confirmed by the ld. CIT(A), was surely liable to be contested by the assessee. This is particularly relevant as, where successfully done, the same may operate to remove the very basis on which the AO, taking notice thereof, issues notices for reassessment for those years. Indeed, it is liable to be challenged on merits

SULAIKHA CLAY MINES,THIRUVANANTHAPURAM vs. ACIT, CIRCLE 1(2), THIRUVANANTHAPURAM, THIRUVANANTHAPURAM

In the result, the appeals for all the years are partly allowed and partly allowed for statistical purposes

Bench: Shri Sanjay Arora & Shri Manomohan Das

section 40(b)(i) of the Act. Even the FAA does not state of any additional evidence furnished before it nor, in fact, any claim in its respect was made before us. It is, therefore, wrong to say, as the assessee projects, that the disallowance arises only on account of the physical distance – which was not the case even

SULAIKHA CLAY MINES,THIRUVANANTHAPURAM vs. ACIT, CIRCLE 1(2), THIRUVANANTHAPURAM, THIRUVANANTHAPURAM

In the result, the appeals for all the years are partly allowed and partly allowed for statistical purposes

Bench: Shri Sanjay Arora & Shri Manomohan Das

section 40(b)(i) of the Act. Even the FAA does not state of any additional evidence furnished before it nor, in fact, any claim in its respect was made before us. It is, therefore, wrong to say, as the assessee projects, that the disallowance arises only on account of the physical distance – which was not the case even

SULAIKHA CLAY MINES,THIRUVANANTHAPURAM vs. ACIT, CIRCLE 1(2), THIRUVANANTHAPURAM, THIRUVANANTHAPURAM

In the result, the appeals for all the years are partly allowed and partly allowed for statistical purposes

Bench: Shri Sanjay Arora & Shri Manomohan Das

section 40(b)(i) of the Act. Even the FAA does not state of any additional evidence furnished before it nor, in fact, any claim in its respect was made before us. It is, therefore, wrong to say, as the assessee projects, that the disallowance arises only on account of the physical distance – which was not the case even