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

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

reassess under section 147 or pass an order enhancing the assessment or reducing a refund already made or otherwise increasing the liability of the assessee under section 154, for any assessment J year beginning on or before the 1st day of April, 2001." The Hon’ble Court observed that sub-sections (2) and (3) were introduced to the main section

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

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

reassess under section 147 or pass an order enhancing the assessment or reducing a refund already made or otherwise increasing the liability of the assessee under section 154, for any assessment J year beginning on or before the 1st day of April, 2001." The Hon’ble Court observed that sub-sections (2) and (3) were introduced to the main section

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

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

reassess under section 147 or pass an order enhancing the assessment or reducing a refund already made or otherwise increasing the liability of the assessee under section 154, for any assessment J year beginning on or before the 1st day of April, 2001." The Hon’ble Court observed that sub-sections (2) and (3) were introduced to the main section

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

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

reassess under section 147 or pass an order enhancing the assessment or reducing a refund already made or otherwise increasing the liability of the assessee under section 154, for any assessment J year beginning on or before the 1st day of April, 2001." The Hon’ble Court observed that sub-sections (2) and (3) were introduced to the main section

M/S.MALANKARA PLANTATIONS LTD,KOTTAYAM vs. ACIT, CIR-1, KOTTAYAM

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

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

u/s 143(3) read with section 147 of the Act in terms of first proviso to section 147of the Act and the learned Commissioner of Income Tax (Appeals) erred in law as well as on facts in confirming the said order of the Assistant Commissioner Circle I, Kottayam, passed under section 143(3) read with section 147

M/S.SOORYA DRUG HOUSE,THODUPUZHA vs. THE ITO,WD-2, THODUPUZHA

In the result, the appeals filed by the assessee are allowed

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

147 of the I.T.Act on 28.03.2016 and 30.03.2016 for assessment years 2012-2013 and 2013-2014, respectively. In the assessments completed, total income determined for assessment year 2012-2013 was at Rs.26,28,950 and for assessment year 2013-2014 was at Rs.25,18,390. The additions of Rs.5,15,165 and Rs.2,22,127 for assessment years

M/S.SOORYA DRUG HOUSE,THODUPUZHA vs. THE ITO,WD-2, THODUPUZHA

In the result, the appeals filed by the assessee are allowed

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

147 of the I.T.Act on 28.03.2016 and 30.03.2016 for assessment years 2012-2013 and 2013-2014, respectively. In the assessments completed, total income determined for assessment year 2012-2013 was at Rs.26,28,950 and for assessment year 2013-2014 was at Rs.25,18,390. The additions of Rs.5,15,165 and Rs.2,22,127 for assessment years

THE AD COMMISSIONER OF INCOME TAX, ALAPPUZHA vs. N S S KARAYOGAM, ALAPPUZHA

In the result, the appeals filed by the assessee are partly allowed, as indicated above

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

251. Notice u/s 148 of the I.T.Act was issued on 19.02.2007. The assessee requested the A.O. to treat the return filed originally as the return in response to the notice issued u/s 148 of the I.T.Act. The assessment was completed u/s 143 r.w.s. 147 of the I.T.Act vide order dated 24.12.2007 by assessing the total income at Rs.2