M/S KOTTAYAM SERVICE CO-OP BANK LTD,KANNUR vs. ITO WARD 2, KANNUR

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

2(c) of the BR Act, 1949 on obtaining licence under Section 22 of the said Act. Conclusion: In the instant case, although the appellant society is an apex cooperative society within the meaning of the State Act, 1984, it is not a co-operative bank within the meaning of Section 5(b) read with Section 56

THE KERALA STATE FINANCIAL ENTERPRISES LIMITED,THRISSUR vs. DCIT, CIRCLE 1(1) TPS, THRISSUR

In the result, appeal filed by the assessee as well as Revenue stand partly allowed

Bench: Shri Inturi Rama Rao, Accontant Member & Shri Sandeep Singh Karhail

56,460. Against the said return of income, the assessment was completed by the National Faceless Assessment Centre (“the AO) passed u/s.143(3) r.w.s. 144B of the Act vide order dated 5th September, 2022 at a total income of Rs.454,75,49,402. While doing so, the AO made following disallowances. (i) Disallowance of provision for bad and doubtful debts

ASSISTANT COMMISSIONER OF INCOME TAX, THRISSUR vs. THE KERALA STATE FINANCIAL ENTERPRISES LIMITED, THRISSUR

In the result, appeal filed by the assessee as well as Revenue stand partly allowed

Bench: Shri Inturi Rama Rao, Accontant Member & Shri Sandeep Singh Karhail

56,460. Against the said return of income, the assessment was completed by the National Faceless Assessment Centre (“the AO) passed u/s.143(3) r.w.s. 144B of the Act vide order dated 5th September, 2022 at a total income of Rs.454,75,49,402. While doing so, the AO made following disallowances. (i) Disallowance of provision for bad and doubtful debts

ASSISTANT COMMISSIONER OF INCOME TAX,CIRCLE-1(1), THRISSUR vs. THE KERALA STATE FINANCIAL ENTERPRISES LIMITED, THRISSUR

In the result, appeal filed by the assessee as well as Revenue stand partly allowed

Bench: Shri Inturi Rama Rao, Accontant Member & Shri Sandeep Singh Karhail

56,460. Against the said return of income, the assessment was completed by the National Faceless Assessment Centre (“the AO) passed u/s.143(3) r.w.s. 144B of the Act vide order dated 5th September, 2022 at a total income of Rs.454,75,49,402. While doing so, the AO made following disallowances. (i) Disallowance of provision for bad and doubtful debts

THE KERALA STATE FINANCIAL ENTERPRISE LTD,CHEMBUKKAVU vs. DCIT, CIRCLE-1(1) &TPS, THRISSUR

In the result, appeal filed by the assessee as well as Revenue stand partly allowed

Bench: Shri Inturi Rama Rao, Accontant Member & Shri Sandeep Singh Karhail

56,460. Against the said return of income, the assessment was completed by the National Faceless Assessment Centre (“the AO) passed u/s.143(3) r.w.s. 144B of the Act vide order dated 5th September, 2022 at a total income of Rs.454,75,49,402. While doing so, the AO made following disallowances. (i) Disallowance of provision for bad and doubtful debts