SMT.K.B.SONY,COCHIN vs. THE DCIT, COCHIN

In the result, i) The appeal of the assessee in ITA No

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

Section 36 deals with other deduction in respect of premium paid, interest etc. 3.7 In the present case, there is no allegation by the Assessing Officer that the sassessee has not incurred any expenditure. The only allegation is that the assessee has not rendered any services to M/s. Rosy Blue (India) Pvt. Ltd. In our opinion when there

TRICHUR HEART HOSPITAL LIMITED,THRISSUR vs. DCIT, CIRCLE 1(1) & TPS, THRISSUR

In the result, the appeal of the assessee is dismissed

Bench: Shri Inturi Rama Rao & Shri Sonjoy Sarma

Section 68 of the Act on account of unexplained cash credit. Subsequently, during the performance audit by the Audit Party, it was observed that the assessee had claimed depreciation at 40% on Versa Plus 100

THE ITO, WD-1(1), KOCHI vs. SHRI.P.V.ABRAHAM, KOCHI

In the result, the appeal filed by the Revenue is dismissed

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

100/- by the assessee towards the consideration of the property. The assessee also filed these documents before the Assessing Officer. If the Assessing Officer chooses not to cause any enquiry from the parties concerned, he cannot simply reject the sale consideration shown in the sale agreement. Admittedly, in this case the sale deed has been registered at a value which

KEEZHUPARAMBA SERVICE CO-OPERATIVE BANK LIMITED,MALAPPURAM vs. ITO WARD 2, TIRUR

Appeal is treated as allowed for statistical purposes

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

100/- and Rs. 332666,141/= represented Deposits from Members: 5: Authorities below erred in disregarding the claim of the Appellants that they are entitled to deduction u/s 80P of the Act. In fact, claim of exemption had been specifically raised in the Return of Income as well as the Grounds of Appeal as also detailed notes of arguments filed during

KEEZHUPARAMBA SERVICE COOPERATIVE BANK LTD,MALAPPURAM vs. ITO WARD 2, TIRUR

Appeal is treated as allowed for statistical purposes

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

100/- and Rs. 332666,141/= represented Deposits from Members: 5: Authorities below erred in disregarding the claim of the Appellants that they are entitled to deduction u/s 80P of the Act. In fact, claim of exemption had been specifically raised in the Return of Income as well as the Grounds of Appeal as also detailed notes of arguments filed during

M/S. ORIENT DURGS PVT.LTD.,MALAPPURAM vs. ASST.COMMISSIONER OF INCOME TAX, A, TIRUR

In the result, the appeal filed by the assessee is partly allowed and the stay petition is dismissed as infructuous

Bench: Shri Waseem Ahmed & Shri Soundararajan K.

section 68 applies only from Assessment Year 2013-14 and hence is inapplicable to the appeal under consideration. 6. The facts of the case proves that the assessment as well as appellate order are made without considering / appreciating the facts and legal aspects and hence the impugned order may kindly be held to be arbitrary and untenable

CORPORATION ENGINEER LSGD ,CALICUT vs. ITO, KOZHIKKODE

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

Bench: Shri George George K, Jm & Shri Laxmi Prasad Sahu, Am

68,100 4. Aggrieved by the orders of the Assessing Officer, the assessee filed appeals before the first appellate authority. The CIT(A) confirmed the A.O.’s orders for levying fees u/s 234E of the I.T.Act. The CIT(A) relied on the judgment of the Hon’ble Kerala High Court in the case of Sree Narayana Guru Smaraka Sangam Upper

CORPORATION ENGINEER LSGD ,CALICUT vs. ITO, KOZHIKKODE

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

Bench: Shri George George K, Jm & Shri Laxmi Prasad Sahu, Am

68,100 4. Aggrieved by the orders of the Assessing Officer, the assessee filed appeals before the first appellate authority. The CIT(A) confirmed the A.O.’s orders for levying fees u/s 234E of the I.T.Act. The CIT(A) relied on the judgment of the Hon’ble Kerala High Court in the case of Sree Narayana Guru Smaraka Sangam Upper

CORPORATION ENGINEER LSGD ,CALICUT vs. ITO, KOZHIKKODE

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

Bench: Shri George George K, Jm & Shri Laxmi Prasad Sahu, Am

68,100 4. Aggrieved by the orders of the Assessing Officer, the assessee filed appeals before the first appellate authority. The CIT(A) confirmed the A.O.’s orders for levying fees u/s 234E of the I.T.Act. The CIT(A) relied on the judgment of the Hon’ble Kerala High Court in the case of Sree Narayana Guru Smaraka Sangam Upper

SRI.O.G.SUNIL,COCHIN vs. DCIT, ERNAKULAM

In the result, the appeals of the assessee in ITA Nos

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

68 of the I.T. Act. 8. We have heard the rival submissions and perused the record. We find merit in the arguments of both the Counsels. Hence, in the interest of justice, this issue is I.T.A. Nos. 45-51/Coch/2014 & ITA Nos. 594 to 596/Coch/2018 S.P. Nos. 51-53/Coch/2018 remitted to the file of the Assessing Officer instead

SRI.O.G.SUNIL,COCHIN vs. DCIT, ERNAKULAM

In the result, the appeals of the assessee in ITA Nos

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

68 of the I.T. Act. 8. We have heard the rival submissions and perused the record. We find merit in the arguments of both the Counsels. Hence, in the interest of justice, this issue is I.T.A. Nos. 45-51/Coch/2014 & ITA Nos. 594 to 596/Coch/2018 S.P. Nos. 51-53/Coch/2018 remitted to the file of the Assessing Officer instead

SRI.O.G.SUNIL,COCHIN vs. DCIT, ERNAKULAM

In the result, the appeals of the assessee in ITA Nos

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

68 of the I.T. Act. 8. We have heard the rival submissions and perused the record. We find merit in the arguments of both the Counsels. Hence, in the interest of justice, this issue is I.T.A. Nos. 45-51/Coch/2014 & ITA Nos. 594 to 596/Coch/2018 S.P. Nos. 51-53/Coch/2018 remitted to the file of the Assessing Officer instead

SMT.ASHA MENON( ASHA SUNIL),COCHIN vs. THE ACIT(CEN,CIRCLE, ERNAKULAM

In the result, the appeals of the assessee in ITA Nos

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

68 of the I.T. Act. 8. We have heard the rival submissions and perused the record. We find merit in the arguments of both the Counsels. Hence, in the interest of justice, this issue is I.T.A. Nos. 45-51/Coch/2014 & ITA Nos. 594 to 596/Coch/2018 S.P. Nos. 51-53/Coch/2018 remitted to the file of the Assessing Officer instead

SMT.ASHA MENON( ASHA SUNIL),COCHIN vs. THE DCIT, ERNAKULAM

In the result, the appeals of the assessee in ITA Nos

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

68 of the I.T. Act. 8. We have heard the rival submissions and perused the record. We find merit in the arguments of both the Counsels. Hence, in the interest of justice, this issue is I.T.A. Nos. 45-51/Coch/2014 & ITA Nos. 594 to 596/Coch/2018 S.P. Nos. 51-53/Coch/2018 remitted to the file of the Assessing Officer instead

SRI.O.G.SUNIL,COCHIN vs. DCIT, ERNAKULAM

In the result, the appeals of the assessee in ITA Nos

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

68 of the I.T. Act. 8. We have heard the rival submissions and perused the record. We find merit in the arguments of both the Counsels. Hence, in the interest of justice, this issue is I.T.A. Nos. 45-51/Coch/2014 & ITA Nos. 594 to 596/Coch/2018 S.P. Nos. 51-53/Coch/2018 remitted to the file of the Assessing Officer instead

SRI.O.G.SUNIL,COCHIN vs. DCIT, ERNAKULAM

In the result, the appeals of the assessee in ITA Nos

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

68 of the I.T. Act. 8. We have heard the rival submissions and perused the record. We find merit in the arguments of both the Counsels. Hence, in the interest of justice, this issue is I.T.A. Nos. 45-51/Coch/2014 & ITA Nos. 594 to 596/Coch/2018 S.P. Nos. 51-53/Coch/2018 remitted to the file of the Assessing Officer instead

SMT.ASHA MENON( ASHA SUNIL),COCHIN vs. THE ACIT(CEN,CIRCLE, ERNAKULAM

In the result, the appeals of the assessee in ITA Nos

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

68 of the I.T. Act. 8. We have heard the rival submissions and perused the record. We find merit in the arguments of both the Counsels. Hence, in the interest of justice, this issue is I.T.A. Nos. 45-51/Coch/2014 & ITA Nos. 594 to 596/Coch/2018 S.P. Nos. 51-53/Coch/2018 remitted to the file of the Assessing Officer instead

SRI.O.G.SUNIL,COCHIN vs. DCIT, ERNAKULAM

In the result, the appeals of the assessee in ITA Nos

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

68 of the I.T. Act. 8. We have heard the rival submissions and perused the record. We find merit in the arguments of both the Counsels. Hence, in the interest of justice, this issue is I.T.A. Nos. 45-51/Coch/2014 & ITA Nos. 594 to 596/Coch/2018 S.P. Nos. 51-53/Coch/2018 remitted to the file of the Assessing Officer instead

THE ITO, WARD-2(3), TRIVANDRUM, TRIVANDRUM vs. M/S.MUNDELA SERVICECO-OP BANK LTD, TRIVANDRUM

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

section 80P by finance Act (No. 2) Act, 1967 w.e.f. 01/04/1968) of the Income Tax Act, 1961 in respect of co-operative societies/banks doing both agricultural and non agricultural activities should not be 100% of the gross profits and gains of business of such societies etc. but would be limited to the profits generated from agricultural activities alone performed