REENA ENGINEERS AND CONTRACTORS PRIVATE LTD,PANAJI vs. ACIT, CENTRAL CIRCLE-1, CALICUT

b) of section 153A(1) wherein it is\nprovided that the Assessing Officer shall assess or reassess the total income for each\nof the six assessment years as mentioned above. The second proviso contemplates\nthat if any assessment relating to any assessment year falling within the period of\nsix assessment years is pending on the date of initiation

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

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

b) “public company” shall have the meaning assigned to it in section 3 of the Companies Act, 1956 (1 15 ITA Nos.393-399/Coch/2023. Federal Bank Limited. of 1956); (c) “Government company” shall have the meaning assigned to it in section 617 of the Companies Act, 1956 (1 of 1956);” 24. There is no dispute that the Assessee is eligible to claim

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

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

b) “public company” shall have the meaning assigned to it in section 3 of the Companies Act, 1956 (1 15 ITA Nos.393-399/Coch/2023. Federal Bank Limited. of 1956); (c) “Government company” shall have the meaning assigned to it in section 617 of the Companies Act, 1956 (1 of 1956);” 24. There is no dispute that the Assessee is eligible to claim

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

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

b) “public company” shall have the meaning assigned to it in section 3 of the Companies Act, 1956 (1 15 ITA Nos.393-399/Coch/2023. Federal Bank Limited. of 1956); (c) “Government company” shall have the meaning assigned to it in section 617 of the Companies Act, 1956 (1 of 1956);” 24. There is no dispute that the Assessee is eligible to claim

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

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

b) “public company” shall have the meaning assigned to it in section 3 of the Companies Act, 1956 (1 15 ITA Nos.393-399/Coch/2023. Federal Bank Limited. of 1956); (c) “Government company” shall have the meaning assigned to it in section 617 of the Companies Act, 1956 (1 of 1956);” 24. There is no dispute that the Assessee is eligible to claim

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

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

b) “public company” shall have the meaning assigned to it in section 3 of the Companies Act, 1956 (1 15 ITA Nos.393-399/Coch/2023. Federal Bank Limited. of 1956); (c) “Government company” shall have the meaning assigned to it in section 617 of the Companies Act, 1956 (1 of 1956);” 24. There is no dispute that the Assessee is eligible to claim

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

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

b) “public company” shall have the meaning assigned to it in section 3 of the Companies Act, 1956 (1 15 ITA Nos.393-399/Coch/2023. Federal Bank Limited. of 1956); (c) “Government company” shall have the meaning assigned to it in section 617 of the Companies Act, 1956 (1 of 1956);” 24. There is no dispute that the Assessee is eligible to claim

M/S.MUKKAM MEGA MULTIPURPOSE CO-OP SOCEITY LTD,KOZHIKKODE vs. THE ITO, KOZHIKKODE

In the result, the appeal by the assessee is allowed for statistical purposes and the stay petition is dismissed

Bench: Shri George George K. & Ms. Padmavathy S.

b) ****** 8. In the given case the applicable clauses for making the disallowance u/s.80P is either 143(1)(a)(ii) or 143(1)(a)(v). An amendment is brought into section 143(1)(1)(v) to provide that disallowance of deduction claimed under any of the provisions of Chapter VI-A under the heading "C.—Deductions in respect of certain

KERALA STATE CO-OPERATIVE BANK LTD,THIRUVANANTHAPURAM vs. DCIT,CIRCLE-1(1), THIRUVANANHAPURAM

Bench: Shri Waseem Ahmed & Shri Soundararajan K.Assessment Year : 2018-19

7), where under-reported income is in consequence of any misreporting thereof by any person, the penalty referred to in sub-section (1) shall be equal to Page 8 of 14 two hundred per cent of the amount of tax payable on under-reported income. (9) The cases of misreporting of income referred to in sub- section (8) shall

THE SOUTH INDIAN BANK LIMITED,THRISSUR vs. ACIT, CIRCLE 1(1)& TPS, THRISSUR

Appeal is allowed

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

7. Faced with this situation, we allow the assessee’s instant appeal ITA No. 233/Coch/2024 by adopting the above extracted decision mutatis mutandis and direct the learned Assessing Officer to compute the interest herein as per the law. Ordered accordingly ITA No. 283/Coch/2024 – AY : 2008-09 8. This assessee’s appeal raises the following substantive grounds: - “1. On the facts

THE SOUTH INDIAN BANK LIMITED,THRISSUR vs. DCIT, THRISSUR

Appeal is allowed

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

7. Faced with this situation, we allow the assessee’s instant appeal ITA No. 233/Coch/2024 by adopting the above extracted decision mutatis mutandis and direct the learned Assessing Officer to compute the interest herein as per the law. Ordered accordingly ITA No. 283/Coch/2024 – AY : 2008-09 8. This assessee’s appeal raises the following substantive grounds: - “1. On the facts

THE SOUTH INDIAN BANK LIMITED,THRISSUR vs. JCIT, CIRCLE-1(1), THRISSUR

Appeal is allowed

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

7. Faced with this situation, we allow the assessee’s instant appeal ITA No. 233/Coch/2024 by adopting the above extracted decision mutatis mutandis and direct the learned Assessing Officer to compute the interest herein as per the law. Ordered accordingly ITA No. 283/Coch/2024 – AY : 2008-09 8. This assessee’s appeal raises the following substantive grounds: - “1. On the facts

THE SOUTH INDIAN BANK LIMITED ,THRISSUR vs. ACIT, CIRCLE 1(1), THRISSUR

Appeal is allowed

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

7. Faced with this situation, we allow the assessee’s instant appeal ITA No. 233/Coch/2024 by adopting the above extracted decision mutatis mutandis and direct the learned Assessing Officer to compute the interest herein as per the law. Ordered accordingly ITA No. 283/Coch/2024 – AY : 2008-09 8. This assessee’s appeal raises the following substantive grounds: - “1. On the facts

THE SOUTH INDIAN BANK LIMITED,THRISSUR vs. JCIT, RANGE-1, THRISSUR

Appeal is allowed

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

7. Faced with this situation, we allow the assessee’s instant appeal ITA No. 233/Coch/2024 by adopting the above extracted decision mutatis mutandis and direct the learned Assessing Officer to compute the interest herein as per the law. Ordered accordingly ITA No. 283/Coch/2024 – AY : 2008-09 8. This assessee’s appeal raises the following substantive grounds: - “1. On the facts

THE SOUTH INDIAN BANK LIMITED,THRISSUR vs. ACIT, CIRCLE-1(1), THRISSUR

Appeal is allowed

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

7. Faced with this situation, we allow the assessee’s instant appeal ITA No. 233/Coch/2024 by adopting the above extracted decision mutatis mutandis and direct the learned Assessing Officer to compute the interest herein as per the law. Ordered accordingly ITA No. 283/Coch/2024 – AY : 2008-09 8. This assessee’s appeal raises the following substantive grounds: - “1. On the facts

KOODARANHI REGIONAL AGRICULTURAL WELFARE CO-OP SOCIETY LTD,KOZHIKKODE vs. THE ITO, KOZHIKKODE

In the result, the appeal by the assessee is allowed for statistical purposes and the stay petition is dismissed

Bench: Shri George George K. & Ms. Padmavathy S.

b) ****** 8. In the given case the applicable clauses for making the disallowance u/s.80P is either 143(1)(a)(ii) or 143(1)(a)(v). An amendment is brought into section 143(1)(1)(v) to provide that disallowance of deduction claimed under any of the provisions of Chapter VI-A under the heading "C.—Deductions in respect of certain

REENA ENGINEERS AND CONTRACTORS PRIVATE LTD,PANAJI vs. ACIT, CENTRAL CIRCLE-1, CALICUT

In the result, the appeals filed by the assessee stand partly allowed statistical purposes

Bench: Shri Inturi Rama Rao, Am & Shri Sonjoy Sarma, Jm

7 of 2003, dated 5-9-2003, reported in (2003) 184 CTR (ST) 33. On a combined reading of the provisions of section 153A coupled with Circular No.7 of 2003, it is undisputedly clear that when a search is initiated under section 132, the Assessing Officer shall issue a notice to such person for six assessment years and assess

REENA ENGINEERS AND CONTRACTORS PRIVATE LTD,PANAJI vs. ACIT, CENTRAL CIRCLE-1, CALICUT

In the result, the appeals filed by the assessee stand partly allowed statistical purposes

Bench: Shri Inturi Rama Rao, Am & Shri Sonjoy Sarma, Jm

7 of 2003, dated 5-9-2003, reported in (2003) 184 CTR (ST) 33. On a combined reading of the provisions of section 153A coupled with Circular No.7 of 2003, it is undisputedly clear that when a search is initiated under section 132, the Assessing Officer shall issue a notice to such person for six assessment years and assess

REENA ENGINEERS AND CONTRACTORS PRIVATE LTD,PANAJI vs. ACIT, CENTRAL CIRCLE-1, CALICUT

In the result, the appeals filed by the assessee stand partly allowed statistical purposes

Bench: Shri Inturi Rama Rao, Am & Shri Sonjoy Sarma, Jm

7 of 2003, dated 5-9-2003, reported in (2003) 184 CTR (ST) 33. On a combined reading of the provisions of section 153A coupled with Circular No.7 of 2003, it is undisputedly clear that when a search is initiated under section 132, the Assessing Officer shall issue a notice to such person for six assessment years and assess