M.K RAJENDRAN PILLAI,PATHANAMTHITTA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM, KOLLAM

In the result the appeals for AYs 2012-13 to 2017-18 stand partly allowed whereas the appeal for AY 2018-19 stands allowed on legal grounds in terms of our above order

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

deposits made outside Nagaland in the bank accounts of family members and M/s VBPL and partly allowed the ground raised by the assessee. The Ld. AO was directed to consider the same on substantive basis in assessment framed on family members and M/s VBPL. 4.11 Cash Payments for purchase of immovable properties. The assessee submitted that cash payments for acquisition

M.K RAJENDRAN PILLAI,PATHANAMTHITTA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM, KOLLAM

In the result the appeals for AYs 2012-13 to 2017-18 stand partly allowed whereas the appeal for AY 2018-19 stands allowed on legal grounds in terms of our above order

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

deposits made outside Nagaland in the bank accounts of family members and M/s VBPL and partly allowed the ground raised by the assessee. The Ld. AO was directed to consider the same on substantive basis in assessment framed on family members and M/s VBPL. 4.11 Cash Payments for purchase of immovable properties. The assessee submitted that cash payments for acquisition

M.K RAJENDRAN PILLAI,PATHANAMTHITTA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM, KOLLAM

In the result the appeals for AYs 2012-13 to 2017-18 stand partly allowed whereas the appeal for AY 2018-19 stands allowed on legal grounds in terms of our above order

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

deposits made outside Nagaland in the bank accounts of family members and M/s VBPL and partly allowed the ground raised by the assessee. The Ld. AO was directed to consider the same on substantive basis in assessment framed on family members and M/s VBPL. 4.11 Cash Payments for purchase of immovable properties. The assessee submitted that cash payments for acquisition

M.K RAJENDRAN PILLAI,PATHANAMTHITTA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM, KOLLAM

In the result the appeals for AYs 2012-13 to 2017-18 stand partly allowed whereas the appeal for AY 2018-19 stands allowed on legal grounds in terms of our above order

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

deposits made outside Nagaland in the bank accounts of family members and M/s VBPL and partly allowed the ground raised by the assessee. The Ld. AO was directed to consider the same on substantive basis in assessment framed on family members and M/s VBPL. 4.11 Cash Payments for purchase of immovable properties. The assessee submitted that cash payments for acquisition

M.K RAJENDRAN PILLAI,PATHANAMTHITTA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM, KOLLAM

In the result the appeals for AYs 2012-13 to 2017-18 stand partly allowed whereas the appeal for AY 2018-19 stands allowed on legal grounds in terms of our above order

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

deposits made outside Nagaland in the bank accounts of family members and M/s VBPL and partly allowed the ground raised by the assessee. The Ld. AO was directed to consider the same on substantive basis in assessment framed on family members and M/s VBPL. 4.11 Cash Payments for purchase of immovable properties. The assessee submitted that cash payments for acquisition

THOTTIPAL SERVICE COOPERATIVE BANK,THRISSUR vs. ITO WARD 2(5), THRISSUR

Bench: SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER SHRI RAHUL CHAUDHARY (Judicial Member)

cash deposits in bank accounts of the Assessee, reassessment proceedings under Section 147 of the Act were initiated by issuance

VRINDAVAN BUILDERS PVT LTD,NAGALAND vs. ACIT CENTRAL CIRCLE, KOLLAM

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

reassessment proceedings, the AO found that the assessee company received funds through bank accounts to the extent of Rs, 2.09.50,500/- from Nagaland based parties and also made cash deposits

VRINDAVAN BUILDERS PVT KTD,NAGALAND vs. ACIT CENTRAL CIRCLE, KOLLAM

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

reassessment proceedings, the AO found that the assessee company received funds through bank accounts to the extent of Rs, 2.09.50,500/- from Nagaland based parties and also made cash deposits

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM, KERALA vs. VRINDAVAN BUILDERS PRIVATE LIMITED, PATHANAMTHITTA

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

reassessment proceedings, the AO found that the assessee company received funds through bank accounts to the extent of Rs, 2.09.50,500/- from Nagaland based parties and also made cash deposits

VRINDAVAN BUILDERS PVT LTD,NAGALAND vs. ACIT, CENTRAL CIRCLE, KOLLAM

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

reassessment proceedings, the AO found that the assessee company received funds through bank accounts to the extent of Rs, 2.09.50,500/- from Nagaland based parties and also made cash deposits

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM, KOLLAM vs. VRINDAVAN BUILDERS PRIVATE LIMITED, PATHANAMTHITTA

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

reassessment proceedings, the AO found that the assessee company received funds through bank accounts to the extent of Rs, 2.09.50,500/- from Nagaland based parties and also made cash deposits

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM, KOLLAM vs. VRINDAVAN BUILDERS PRIVATE LIMITED, PATHANAMTHITTA

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

reassessment proceedings, the AO found that the assessee company received funds through bank accounts to the extent of Rs, 2.09.50,500/- from Nagaland based parties and also made cash deposits

VRINDAVAN BHAVAN PVT LTD,NAGALAND vs. ACIT CENTRAL CIRCLE, KOLLAM

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

reassessment proceedings, the AO found that the assessee company received funds through bank accounts to the extent of Rs, 2.09.50,500/- from Nagaland based parties and also made cash deposits

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM, KOLLAM vs. VRINDAVAN BUILDERS PRIVATE LIMITED, KERALA

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

reassessment proceedings, the AO found that the assessee company received funds through bank accounts to the extent of Rs, 2.09.50,500/- from Nagaland based parties and also made cash deposits

VRINDAVAN BUILDERS PVT LTD,NAGALAND vs. ACIT CENTRAL CIRCLE, KOLLAM

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

reassessment proceedings, the AO found that the assessee company received funds through bank accounts to the extent of Rs, 2.09.50,500/- from Nagaland based parties and also made cash deposits

VRINDAVAN BUILDERS PVT LTD,NAGALAND vs. ACIT CENTRAL CIRCLE, KOLLAM

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

reassessment proceedings, the AO found that the assessee company received funds through bank accounts to the extent of Rs, 2.09.50,500/- from Nagaland based parties and also made cash deposits

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM, KOLLAM vs. VRINDAVAN BUILDERS PRIVATE LIMITED, PATHANAMTHITTA

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

reassessment proceedings, the AO found that the assessee company received funds through bank accounts to the extent of Rs, 2.09.50,500/- from Nagaland based parties and also made cash deposits

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM vs. ARUN RAJ PILLAI, PATHANAMTHITTA

In the result, the cross objection filed by the assessee company stands allowed

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

cash deposits made in the appellant’s bank account were assessed to tax on substantive basis for AY 2018-19. However, the AO noting the fact that the assessment in the case of Shri Rajendran Pillai are subject matter of appeal before the CIT(A), proceeded to make the addition on protective basis in the hand of the assessee company