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2 results for “house property”+ Section 271Dclear

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Key Topics

Section 269S4Section 271E3Section 269T3Section 271D2Penalty2

ASSANAR & SONS,KOTTAYAM vs. JTCIT, KOTTAYAM

In the result, the appeal filed by the assessee is allowed

ITA 191/COCH/2014[2008-09]Status: DisposedITAT Cochin25 Oct 2022AY 2008-09

Bench: Shri N.V. Vasudevan & Shri Chandra Poojariassessment Year: 2008-09

For Appellant: Shri Thomas Cherian, A.RFor Respondent: Smt. J.M. Jamuna Devi, Sr. D.R
Section 131Section 269TSection 271E

properties among the parties and Shri Faizal Mohammed, the Manager of the firm being close to the family and having business relations happened to be the Mediator in the issues, for settlement of their family financial matters. The Ld. Counsel submitted that after the first round of negotiations, Shri Thomas arranged Rs.1,69,20,000/- from

S.V. PHARMACY AND NURSING HOME,ALUVA vs. THE JCIT, ALUVA RANGE, ALUVA, ALUVA

The appeal stands allowed

ITA 696/COCH/2022[2007-2008]Status: HeardITAT Cochin30 Nov 2022AY 2007-2008

Bench: Hon’Ble Shri Satbeer Singh Godara, J.M & Hon’Ble Shri Manoj Kumar Aggarwal, A.M

For Appellant: Shri T.M. Sreedharan, Sr. AdvocateFor Respondent: Smt.J.M. Jamuna Devi (Addl.CIT) – Ld. DR
Section 269SSection 271D

271D. The Ld. CIT(A) confirmed the same against which the assessee is in further appeal before us. 3. The Ld. AR explained that the amount is received in consideration of letting out of the property with the condition that the rent arrears would be adjusted from the same and balance would be refunded to the payee