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388 results for “section 68”+ Section 13(3)(e)clear

Sorted by relevance

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Key Topics

Section 14A128Limitation/Time-bar48Addition to Income27Disallowance24Section 25022Section 14722Deduction20Section 143(3)18Section 26315Section 153A

M/S PAZHAYANGADI G GOLD,KANNUR vs. ITO WARD 1 & TPS, KANNUR

In the result, the appeal by the assessee is dismissed

ITA 187/COCH/2023[2018-19]Status: DisposedITAT Cochin27 May 2025AY 2018-19

Bench: Shri Inturi Rama Rao & Shri Sandeep Singh Karhailassessment Year : 2018-19 Pazhayangadi G Gold, Ito, Ward-1& Tps, Eazhome Pazhayangadi, Kannur Kannur-670303 Vs. Pan : Aaufp9485G (Appellant) (Respondent) For Assessee : Shri Arun Raj S. Adv. For Revenue : Shri Sanjit Kumar Das, Cit-Dr (Heard In Hybrid Bench) Date Of Hearing : 25-03-2025 Date Of Pronouncement : 27-05-2025 O R D E R

For Appellant: Shri Arun Raj S. AdvFor Respondent: Shri Sanjit Kumar Das, CIT-DR
Section 142(1)Section 143Section 143(1)Section 143(2)Section 143(3)Section 263Section 270ASection 271A

Showing 1–20 of 388 · Page 1 of 20

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15
Section 15413
Section 14411
Section 68
Section 69

E R PER SANDEEP SINGH KARHAIL, J.M : 1. The assessee has filed the present appeal challenging the impugned order dated 17/02/2023, passed under section 263 of the Income Tax Act, 1961 (“the Act”) by the learned Principal Commissioner of Income Tax, Kozhikode, [“learned PCIT”], for the assessment year 2018-19. 2. The only grievance of the assessee is against

BHIMA JEWELLERS,SULTHAN BATHERY, WAYANAD vs. THE PR CIT, KOZHIKKODE, KOZHIKKODE

In the result, appeal of the assessee is dismissed

ITA 208/COCH/2018[2013-14]Status: DisposedITAT Cochin17 Aug 2018AY 2013-14

Bench: S/Shri Chandra Poojari, Am & George George K., Jm I.T.A. No.208/Coch/2018 Assessment Year : 2013-14 M/S. Bhima Jewellers, Vs. The Pr. Commissioner Of Income- 6/785 Ai, Tax, Kozhikode. Mysore Road, Chungum Junction, Sulthan Bathery, Wayanad-673 592. [Pan: Aakfb 9817C] (Assessee-Appellant) (Revenue-Respondent) Revenue By Shri Dhanaraj A. Sr. Dr Assessee By Shri R. Krishnan, Ca Date Of Hearing 05/07/2018 Date Of Pronouncement 20/08/2018

Section 115BSection 14Section 143(3)Section 263Section 68Section 69Section 69ASection 69BSection 69CSection 69D

E,—Capital gains. F—Income from other sources. 11. Some of the salient features of section 14 insofar as they have material bearing on the issue under appeal are as under:- (i) Section 14 merely classifies the income under various heads of income for the purpose of computation of total income under them. Section 14 does

M/S.SAHYADRI AGENCIES LTD,KANDNASSERY, THRISSUR vs. THE ITO, WD-1(3), THRISSUR

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

ITA 439/COCH/2019[2014-15]Status: DisposedITAT Cochin05 Nov 2019AY 2014-15

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

For Appellant: Sri.Bomi Daruwala, AdvocateFor Respondent: Smt.A.S.Bindhu, Sr.DR
Section 143(1)Section 143(3)Section 14ASection 263Section 56(2)(viib)Section 68

E R Per George George K, JM This appeal at the instance of the assessee is directed against CIT’s order dated 29.03.2019 passed u/s 263 of the I.T.Act. The relevant assessment year is 2014-2015. 2. The grounds raised read as follows:- “1. That on the facts and circumstances of the case and in law, the order passed

M/S.PERRORKADA SERVICE CO-OP BANK LTD,TRIVANDRUM vs. THE ITO, TRIVANDRUM

In the result, the appeal of the Revenue in I

ITA 141/COCH/2017[2013-14]Status: DisposedITAT Cochin26 Jun 2019AY 2013-14

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

Section 143(3)Section 194A(3)(viia)Section 195Section 263Section 40Section 40A(3)Section 80P

E. Determine assessed income at C-D (if any) subject to provisions of section 80AB. F. The assessee must be given opportunity of being heard before finalizing the computation and for furnishing relevant information adequate time within the statutory time limit under section 153 is to be granted. I.T.A. Nos.141/Coch/2017, 563, 93 & 400/Coch/2018 & 47/Coch/2019 C.O. No.10/Coch/2019

M/S.PEROORKADA SERVICE CO-OP BANK LTD,TRIVANDRUM vs. THE ITO, WD-2(1), TRIVANDRUM, TRIVANDRUM

In the result, the appeal of the Revenue in I

ITA 400/COCH/2018[2014-15]Status: DisposedITAT Cochin26 Jun 2019AY 2014-15

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

Section 143(3)Section 194A(3)(viia)Section 195Section 263Section 40Section 40A(3)Section 80P

E. Determine assessed income at C-D (if any) subject to provisions of section 80AB. F. The assessee must be given opportunity of being heard before finalizing the computation and for furnishing relevant information adequate time within the statutory time limit under section 153 is to be granted. I.T.A. Nos.141/Coch/2017, 563, 93 & 400/Coch/2018 & 47/Coch/2019 C.O. No.10/Coch/2019

M/S.PEROORKADA SERVICE CO-OP BANK LTD,TRIVANDRUM vs. THE ITO, WD-2(1), TRIVANDRUM, TRIVANDRUM

In the result, the appeal of the Revenue in I

ITA 93/COCH/2018[2014-15]Status: DisposedITAT Cochin26 Jun 2019AY 2014-15

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

Section 143(3)Section 194A(3)(viia)Section 195Section 263Section 40Section 40A(3)Section 80P

E. Determine assessed income at C-D (if any) subject to provisions of section 80AB. F. The assessee must be given opportunity of being heard before finalizing the computation and for furnishing relevant information adequate time within the statutory time limit under section 153 is to be granted. I.T.A. Nos.141/Coch/2017, 563, 93 & 400/Coch/2018 & 47/Coch/2019 C.O. No.10/Coch/2019

THE ITO, TRIVANDRUM vs. M/S.PERRORKADA SERVICE CO-OP BANK LTD, TRIVANDRUM

In the result, the appeal of the Revenue in I

ITA 47/COCH/2019[2013-14]Status: DisposedITAT Cochin26 Jun 2019AY 2013-14

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

Section 143(3)Section 194A(3)(viia)Section 195Section 263Section 40Section 40A(3)Section 80P

E. Determine assessed income at C-D (if any) subject to provisions of section 80AB. F. The assessee must be given opportunity of being heard before finalizing the computation and for furnishing relevant information adequate time within the statutory time limit under section 153 is to be granted. I.T.A. Nos.141/Coch/2017, 563, 93 & 400/Coch/2018 & 47/Coch/2019 C.O. No.10/Coch/2019

M/S.PERRORKADA SERVICE CO-OP BANK LTD,TRIVANDRUM vs. THE ITO, TRIVANDRUM

In the result, the appeal of the Revenue in I

ITA 563/COCH/2018[2013-14]Status: DisposedITAT Cochin26 Jun 2019AY 2013-14

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

Section 143(3)Section 194A(3)(viia)Section 195Section 263Section 40Section 40A(3)Section 80P

E. Determine assessed income at C-D (if any) subject to provisions of section 80AB. F. The assessee must be given opportunity of being heard before finalizing the computation and for furnishing relevant information adequate time within the statutory time limit under section 153 is to be granted. I.T.A. Nos.141/Coch/2017, 563, 93 & 400/Coch/2018 & 47/Coch/2019 C.O. No.10/Coch/2019

THE ITO, WD-2, THODUPUZHA, THODUPUZHA vs. SRI.E.J.SONY, KOTHAMANGALAM

In the result, the appeal of the assessee is partly allowed and the appeals

ITA 355/COCH/2006[1999-2000]Status: DisposedITAT Cochin17 Jan 2019AY 1999-2000

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

Section 2(24)(vi)Section 48

68,992.63 11. A/c Plant 4,54,254.59 12. Projector fittings 35,427.94 13. Generator 6,81,911.73 14. Ultra Stereo 8,41,964.63 15. Screen 16,406.25 2,99,17,007.37 Less: Outstanding liability to Sylcon (security deposit and loan) 7,00,000 + 6,00,000 13.00.000.00 Rs.2,86,17,807.37 5.1 It was seen that the assessee

THE ITO, WARD-2, THODUPUZHA, THODUPUZHA vs. SRI.MARTIN JOHNY, KOTHAMANGALAM

In the result, the appeal of the assessee is partly allowed and the appeals

ITA 354/COCH/2006[1999-2000]Status: DisposedITAT Cochin17 Jan 2019AY 1999-2000

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

Section 2(24)(vi)Section 48

68,992.63 11. A/c Plant 4,54,254.59 12. Projector fittings 35,427.94 13. Generator 6,81,911.73 14. Ultra Stereo 8,41,964.63 15. Screen 16,406.25 2,99,17,007.37 Less: Outstanding liability to Sylcon (security deposit and loan) 7,00,000 + 6,00,000 13.00.000.00 Rs.2,86,17,807.37 5.1 It was seen that the assessee

SRI.ESSA ISMAIL SAIT,ERNAKULAM vs. THE ACIT,CIR-2(1),, ERNAKULAM

In the result, the appeal of the assessee is partly allowed and the appeals

ITA 605/COCH/2005[1999-2000]Status: DisposedITAT Cochin17 Jan 2019AY 1999-2000

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

Section 2(24)(vi)Section 48

68,992.63 11. A/c Plant 4,54,254.59 12. Projector fittings 35,427.94 13. Generator 6,81,911.73 14. Ultra Stereo 8,41,964.63 15. Screen 16,406.25 2,99,17,007.37 Less: Outstanding liability to Sylcon (security deposit and loan) 7,00,000 + 6,00,000 13.00.000.00 Rs.2,86,17,807.37 5.1 It was seen that the assessee

THE ITO, WD-2, THODUPUZHA, THODUPUZHA vs. SRI.TOMY MATHEW PARTNER OF MATHAI SONS, KOTHAMANGALAM

In the result, the appeal of the assessee is partly allowed and the appeals

ITA 419/COCH/2007[1999-2000]Status: DisposedITAT Cochin17 Jan 2019AY 1999-2000

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

Section 2(24)(vi)Section 48

68,992.63 11. A/c Plant 4,54,254.59 12. Projector fittings 35,427.94 13. Generator 6,81,911.73 14. Ultra Stereo 8,41,964.63 15. Screen 16,406.25 2,99,17,007.37 Less: Outstanding liability to Sylcon (security deposit and loan) 7,00,000 + 6,00,000 13.00.000.00 Rs.2,86,17,807.37 5.1 It was seen that the assessee

THEACIT, CIR-1(1),EKM, ERNAKULAM vs. SRI.E.M.JOHNY, KOTHAMANGALAM

In the result, the appeal of the assessee is partly allowed and the appeals

ITA 453/COCH/2007[1999-2000]Status: DisposedITAT Cochin17 Jan 2019AY 1999-2000

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

Section 2(24)(vi)Section 48

68,992.63 11. A/c Plant 4,54,254.59 12. Projector fittings 35,427.94 13. Generator 6,81,911.73 14. Ultra Stereo 8,41,964.63 15. Screen 16,406.25 2,99,17,007.37 Less: Outstanding liability to Sylcon (security deposit and loan) 7,00,000 + 6,00,000 13.00.000.00 Rs.2,86,17,807.37 5.1 It was seen that the assessee

THE ACIT, CIRCLE-1(1), ERNAKULAM, ERNAKULAM vs. SRI.MATHAI XAVIER, KOTHAMANGALAM

In the result, the appeal of the assessee is partly allowed and the appeals

ITA 451/COCH/2007[1999-2000]Status: DisposedITAT Cochin17 Jan 2019AY 1999-2000

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

Section 2(24)(vi)Section 48

68,992.63 11. A/c Plant 4,54,254.59 12. Projector fittings 35,427.94 13. Generator 6,81,911.73 14. Ultra Stereo 8,41,964.63 15. Screen 16,406.25 2,99,17,007.37 Less: Outstanding liability to Sylcon (security deposit and loan) 7,00,000 + 6,00,000 13.00.000.00 Rs.2,86,17,807.37 5.1 It was seen that the assessee

THE ACIT, CIRCLE-1(1), ERNAKULAM, ERNAKULAM vs. SRI.E.M.PAUL, EDAKATTUKUDIYIL, KOTHAMANGALAM

In the result, the appeal of the assessee is partly allowed and the appeals

ITA 449/COCH/2007[1999-2000]Status: DisposedITAT Cochin17 Jan 2019AY 1999-2000

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

Section 2(24)(vi)Section 48

68,992.63 11. A/c Plant 4,54,254.59 12. Projector fittings 35,427.94 13. Generator 6,81,911.73 14. Ultra Stereo 8,41,964.63 15. Screen 16,406.25 2,99,17,007.37 Less: Outstanding liability to Sylcon (security deposit and loan) 7,00,000 + 6,00,000 13.00.000.00 Rs.2,86,17,807.37 5.1 It was seen that the assessee

THE ACIT, CIR-1(1), ERNAKULAM, ERNAKULAM vs. SRI.JOSE MATHEW, M/S.E.V.MTHAI & SONS, KOTHAMANGALAM

In the result, the appeal of the assessee is partly allowed and the appeals

ITA 450/COCH/2007[1999-2000]Status: DisposedITAT Cochin17 Jan 2019AY 1999-2000

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

Section 2(24)(vi)Section 48

68,992.63 11. A/c Plant 4,54,254.59 12. Projector fittings 35,427.94 13. Generator 6,81,911.73 14. Ultra Stereo 8,41,964.63 15. Screen 16,406.25 2,99,17,007.37 Less: Outstanding liability to Sylcon (security deposit and loan) 7,00,000 + 6,00,000 13.00.000.00 Rs.2,86,17,807.37 5.1 It was seen that the assessee

M/S ASPINWALL & CO.,LTD,COCHIN vs. THE ACIT, COCHIN

In the result,the appeal of the Revenue in ITA No

ITA 128/COCH/2017[2012-13]Status: DisposedITAT Cochin19 May 2020AY 2012-13

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

Section 14A

68,481/-. Since assessee had huge interest bearing funds and investments were made in the mutual funds of sister concerns from where tax dividend was also earned, the I.T.A. Nos. 60&61/Coch/2015 & 128 & 133/Coch/2017 Assessing Officer disallowed interest amounting to Rs.18,43,500/- under section 14A r.w.r. 8D of the Income Tax Rules, 1962. 4. On appeal

THE DCIT, COCHIN vs. M/S.ASPINWALL & CO. LTD, COCHIN

In the result,the appeal of the Revenue in ITA No

ITA 133/COCH/2017[2012-13]Status: DisposedITAT Cochin19 May 2020AY 2012-13

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

Section 14A

68,481/-. Since assessee had huge interest bearing funds and investments were made in the mutual funds of sister concerns from where tax dividend was also earned, the I.T.A. Nos. 60&61/Coch/2015 & 128 & 133/Coch/2017 Assessing Officer disallowed interest amounting to Rs.18,43,500/- under section 14A r.w.r. 8D of the Income Tax Rules, 1962. 4. On appeal

ASPINWALL & COMPANY LTD,COCHIN vs. THE ACIT, COCHIN

In the result,the appeal of the Revenue in ITA No

ITA 61/COCH/2015[2006-07]Status: DisposedITAT Cochin19 May 2020AY 2006-07

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

Section 14A

68,481/-. Since assessee had huge interest bearing funds and investments were made in the mutual funds of sister concerns from where tax dividend was also earned, the I.T.A. Nos. 60&61/Coch/2015 & 128 & 133/Coch/2017 Assessing Officer disallowed interest amounting to Rs.18,43,500/- under section 14A r.w.r. 8D of the Income Tax Rules, 1962. 4. On appeal

ASPINWALL & COMPANY LTD,COCHIN vs. THE ACIT, COCHIN

In the result,the appeal of the Revenue in ITA No

ITA 60/COCH/2015[2006-07]Status: DisposedITAT Cochin19 May 2020AY 2006-07

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

Section 14A

68,481/-. Since assessee had huge interest bearing funds and investments were made in the mutual funds of sister concerns from where tax dividend was also earned, the I.T.A. Nos. 60&61/Coch/2015 & 128 & 133/Coch/2017 Assessing Officer disallowed interest amounting to Rs.18,43,500/- under section 14A r.w.r. 8D of the Income Tax Rules, 1962. 4. On appeal