SANTHIMADAM AGROFARM TRUST,KOCHI vs. THE ACIT CENTRAL CIRCLE 2, KOCHI

In the result, the appeals filed by the assessee are partly allowed for statistical purposes

Bench: Shri Chandra Poojari & Shri Soundararajan K.

68 of the Act. The AO also disallowed the advertisement expenses of Rs.4,41,080/- for the reason that the assessee had not deducted TDS as per sec. 194C of the Act. The AO also imposed interest u/s. 234A & 234B of the Act in the tax calculation sheet. The assessee challenged the above order before the CIT(A) and contended

SANTHIMADAM AGROFARM TRUST,KOCHI vs. THE ACIT CENTRAL CIRCLE 2, KOCHI

In the result, the appeals filed by the assessee are partly allowed for statistical purposes

Bench: Shri Chandra Poojari & Shri Soundararajan K.

68 of the Act. The AO also disallowed the advertisement expenses of Rs.4,41,080/- for the reason that the assessee had not deducted TDS as per sec. 194C of the Act. The AO also imposed interest u/s. 234A & 234B of the Act in the tax calculation sheet. The assessee challenged the above order before the CIT(A) and contended

SANTHIMADAM AGROFARM TRUST,KOCHI vs. THE ACIT CENTRAL CIRCLE 2, KOCHI

In the result, the appeals filed by the assessee are partly allowed for statistical purposes

Bench: Shri Chandra Poojari & Shri Soundararajan K.

68 of the Act. The AO also disallowed the advertisement expenses of Rs.4,41,080/- for the reason that the assessee had not deducted TDS as per sec. 194C of the Act. The AO also imposed interest u/s. 234A & 234B of the Act in the tax calculation sheet. The assessee challenged the above order before the CIT(A) and contended

M/S.IBS SOFTWARE SERVICES P. LTD,TRIVANDRUM vs. THE DCIT, TRIVANDRUM

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

3 of his order. Therefore we are in agreement with the AO on this ground. The objection of the assessee is not accepted and the grounds are rejected.” 14. Thus, it is clear that the DRP has returned a finding that the Settlement Agreements were executed after the expiry of the relevant previous year. The aforesaid finding returned

M/S. MATHA ENTERPRISES,,ANGAMALLY vs. ACIT, ERNAKULAM

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

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

3) of the Act and the assessment was made in the manner provided under section 144 of the Act. M/s.Best Bakery & Ice Cream Parlour. ITA Nos. 302 to 308/Coch/2010 & 269 to 275/coch/2010 M/s. Matha Enterprises. 7.9.4 In view of the above, the Assessing Officer made the assessment of the income of the assesseefor this assessment year as follows: Estimation

M/S BEST BAKERY & ICE CREAM PARLOUR,ANGAMALLY vs. ACIT, ERNAKULAM

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

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

3) of the Act and the assessment was made in the manner provided under section 144 of the Act. M/s.Best Bakery & Ice Cream Parlour. ITA Nos. 302 to 308/Coch/2010 & 269 to 275/coch/2010 M/s. Matha Enterprises. 7.9.4 In view of the above, the Assessing Officer made the assessment of the income of the assesseefor this assessment year as follows: Estimation

M/S. MATHA ENTERPRISES,,ANGAMALLY vs. ACIT, ERNAKULAM

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

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

3) of the Act and the assessment was made in the manner provided under section 144 of the Act. M/s.Best Bakery & Ice Cream Parlour. ITA Nos. 302 to 308/Coch/2010 & 269 to 275/coch/2010 M/s. Matha Enterprises. 7.9.4 In view of the above, the Assessing Officer made the assessment of the income of the assesseefor this assessment year as follows: Estimation

M/S. MATHA ENTERPRISES,,ANGAMALLY vs. ACIT, ERNAKULAM

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

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

3) of the Act and the assessment was made in the manner provided under section 144 of the Act. M/s.Best Bakery & Ice Cream Parlour. ITA Nos. 302 to 308/Coch/2010 & 269 to 275/coch/2010 M/s. Matha Enterprises. 7.9.4 In view of the above, the Assessing Officer made the assessment of the income of the assesseefor this assessment year as follows: Estimation

M/S BEST BAKERY & ICE CREAM PARLOUR,ANGAMALLY vs. ACIT, ERNAKULAM

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

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

3) of the Act and the assessment was made in the manner provided under section 144 of the Act. M/s.Best Bakery & Ice Cream Parlour. ITA Nos. 302 to 308/Coch/2010 & 269 to 275/coch/2010 M/s. Matha Enterprises. 7.9.4 In view of the above, the Assessing Officer made the assessment of the income of the assesseefor this assessment year as follows: Estimation

DCIT, ERNAKULAM vs. MATHA ENTERPRISES, ANGAMALLY

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

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

3) of the Act and the assessment was made in the manner provided under section 144 of the Act. M/s.Best Bakery & Ice Cream Parlour. ITA Nos. 302 to 308/Coch/2010 & 269 to 275/coch/2010 M/s. Matha Enterprises. 7.9.4 In view of the above, the Assessing Officer made the assessment of the income of the assesseefor this assessment year as follows: Estimation

M/S BEST BAKERY & ICE CREAM PARLOUR,ANGAMALLY vs. ACIT, ERNAKULAM

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

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

3) of the Act and the assessment was made in the manner provided under section 144 of the Act. M/s.Best Bakery & Ice Cream Parlour. ITA Nos. 302 to 308/Coch/2010 & 269 to 275/coch/2010 M/s. Matha Enterprises. 7.9.4 In view of the above, the Assessing Officer made the assessment of the income of the assesseefor this assessment year as follows: Estimation

JACOB THOMAS,KOZHENCHERRY vs. ACIT, THIRUVALLA RANGE, THIRUVALLA

In the result, appeal filed by the assessee stands dismissed

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm Assessment Year: 2016-17 Jacob Thomas .......... Appellant 1, Mulamoottil, Kozhencherry 689641 [Pan: Ackpt3269L] Vs. Acit, Ward-1 & Tps, Thiruvalla .......... Respondent Appellant By: Shri Rajakannan, Advocate Respondent By: Shri Sanjit Kumar Das, Cit-Dr Date Of Hearing: 20.03.2025 Date Of Pronouncement: 14.05.2025 O R D E R Per: Inturi Rama Rao, Am This Appeal Filed By The Assessee Is Directed Against The Order Of The National Faceless Appeal Centre, Delhi [Cit(A)], Dated 27.12.2023 For Assessment Year (Ay) 2016-17. 2. Brief Facts Of The Case Are That The Appellant Is An Individual. The Return Of Income For Ay 2016-17 Was Filed On 17.10.2016 Declaring Income Of Rs. 37,97,390/-. Against The Said Return Of Income, The Assessment Was Completed By The Acit, Ward -1, Thriuvalla (Hereinafter Called "The Ao") Vide Order Dated 21.12.2018

3 Jacob Thomas 5. It is submitted that the AO ought not have exercised jurisdiction u/s. 154 of the Act to levy interest u/s. 234B of the Act, since levy of interest u/s. 234B is a debatable issue. 6. On the other hand, the learned CIT-DR submits that levy of interest u/s. 234B is consequential in nature and levy