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

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

v. Circle 1(1), Kchi. Aluva, HO Aluva Ernakulam – 683 101. PAN : AABCT0020H. (Appellant) (Respondent) Appellant by : Sri.Gopi, CA Respondent by : Sri.Sanjit Kumar Das, CIT-DR Date of Pronouncement : 13.08.2024 Date of Hearing : 13.08.2024 O R D E R Per Bench : These assessee’s seven appeals ITA Nos.393 to 399/Coch/2023 for the assessment years 2011-2012 to 2017-2018 arise

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

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

v. Circle 1(1), Kchi. Aluva, HO Aluva Ernakulam – 683 101. PAN : AABCT0020H. (Appellant) (Respondent) Appellant by : Sri.Gopi, CA Respondent by : Sri.Sanjit Kumar Das, CIT-DR Date of Pronouncement : 13.08.2024 Date of Hearing : 13.08.2024 O R D E R Per Bench : These assessee’s seven appeals ITA Nos.393 to 399/Coch/2023 for the assessment years 2011-2012 to 2017-2018 arise

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

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

v. Circle 1(1), Kchi. Aluva, HO Aluva Ernakulam – 683 101. PAN : AABCT0020H. (Appellant) (Respondent) Appellant by : Sri.Gopi, CA Respondent by : Sri.Sanjit Kumar Das, CIT-DR Date of Pronouncement : 13.08.2024 Date of Hearing : 13.08.2024 O R D E R Per Bench : These assessee’s seven appeals ITA Nos.393 to 399/Coch/2023 for the assessment years 2011-2012 to 2017-2018 arise

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

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

v. Circle 1(1), Kchi. Aluva, HO Aluva Ernakulam – 683 101. PAN : AABCT0020H. (Appellant) (Respondent) Appellant by : Sri.Gopi, CA Respondent by : Sri.Sanjit Kumar Das, CIT-DR Date of Pronouncement : 13.08.2024 Date of Hearing : 13.08.2024 O R D E R Per Bench : These assessee’s seven appeals ITA Nos.393 to 399/Coch/2023 for the assessment years 2011-2012 to 2017-2018 arise

AROOR CO-OP URBAN SOCIETY LTD,KOZHIKKODE vs. ITO, KOZHIKKODE

In the result, the appeal filed by the assessee is partly allowed

Bench: Shrigeorge George K.And Shrilaxmi Prasad Sahuaroor Co-Operative Urbn Society Dcit, Central Prossing Centre Aroor P.O., Kakkattil 673507 Bangalore Vs.

68 taxmann.com 298). He has submitted a copy of the P&L account in Annexure-2 which reads as follows: - S.No. Loss Rs. S.No. Profit Rs. 1 Total loss as per 1 Total profit as per trading account trading account 2 Interest 7359077 2 Interest receivable 5978097 outstanding 3 Establishment 1304782 3 expenses 4 Contingency 1231087 4 Miscellaneous 4242442 expenses

M/S.APOLLO TYRES LTD,COCHIN vs. THE PRINCIPAL COMMISSIONER OF INCOMETAX, COCHIN

In the result, the appeal filed by the assessee stands partly allowed for statistical purposes

Bench: Shri Inturi Rama Rao, Am & Shri Rahul Chaudhary, Jm Assessment Year: 2013-14 Apollo Tyres Ltd. .......... Appellant 3Rd Floor, Areekal Mansion, Panampilly Nagar, Kochi 682036 [Pan: Aaaca6990Q] Vs. Dcit, Corporate Circle-1(1), Kochi ......... Respondent Assessee By: Shri Abraham Joseph Markos, Adv. Revenue By: Shri Sanjit Kumar Das, Cit-Dr Date Of Hearing: 20.08.2025 Date Of Pronouncement: 01.09.2025

68,42,880/- towards Salary and other R&D expenses within the scope of "Fee for technical Services under explanation 2 of section 9(1)(vii)of Income Tax Act and liable for TDS. 5.2 The Ld AO erred in not appreciating that the assessee company has made payment of Rs 1,07,08,950/- for clinical trials majorly

WELCARE HOSPITAL, SA ROAD, VYTTILA,VYTTILA vs. ASS. DIRECTOR OF INCOME TAX, NON CORPORATE CIRCLE (1), KOCHI, KOCHI

In the result, the appeal of the assessee is dismissed

Bench: Shri N. V. Vasudevan & Ms. Padmavathy S.Assessment Year : 2018-19

36(1)(va) of the Act by the revenue authorities. 3. The assessee is a super specialty hospital, filed its return of income electronically on 24.10.2018 declaring an income of Page 2 of 6 Rs.89,82,050. The return was processed by CPC and intimation u/s. 143(1) dated 10.12.2019 was issued on 19.12.2019 raising a demand of Rs.12

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

In the result, the appeal of the Revenue in I

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

v) Whether on the facts and in the circumstances of the case, the order of the CIT(A) is correct in not duly considering the judgment of Hon’ble Supreme Court in the case of Citizen Co-operative Society Ltd. vs. ACIT, Circle-9(1), Hyderabad dated 08/08/2017 reported in 397 ITR 1 (SC), wherein it has been held that

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

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

v) Whether on the facts and in the circumstances of the case, the order of the CIT(A) is correct in not duly considering the judgment of Hon’ble Supreme Court in the case of Citizen Co-operative Society Ltd. vs. ACIT, Circle-9(1), Hyderabad dated 08/08/2017 reported in 397 ITR 1 (SC), wherein it has been held that

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

In the result, the appeal of the Revenue in I

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

v) Whether on the facts and in the circumstances of the case, the order of the CIT(A) is correct in not duly considering the judgment of Hon’ble Supreme Court in the case of Citizen Co-operative Society Ltd. vs. ACIT, Circle-9(1), Hyderabad dated 08/08/2017 reported in 397 ITR 1 (SC), wherein it has been held that

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

In the result, the appeal of the Revenue in I

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

v) Whether on the facts and in the circumstances of the case, the order of the CIT(A) is correct in not duly considering the judgment of Hon’ble Supreme Court in the case of Citizen Co-operative Society Ltd. vs. ACIT, Circle-9(1), Hyderabad dated 08/08/2017 reported in 397 ITR 1 (SC), wherein it has been held that

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

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

v) Whether on the facts and in the circumstances of the case, the order of the CIT(A) is correct in not duly considering the judgment of Hon’ble Supreme Court in the case of Citizen Co-operative Society Ltd. vs. ACIT, Circle-9(1), Hyderabad dated 08/08/2017 reported in 397 ITR 1 (SC), wherein it has been held that

THEACIT, COCHIN vs. THE ERNAKULAM DISTRICT CO-OPERATIVE BANK LTD, COCHIN

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

Bench: S/Shri Abraham P George, Am & George George K, Jm & (Asst Year 2010-11)) The Ernakulam Dist Coop Bank Ltd Vs The Jt Director Of Income Tax Kakkanad (Exemption) Kochi Kochi ( Appellant/Respondent) (Respondent/Appellant)

V Sathyanarayanan Revenue By Sh Shantom Boss, CIT-DR 21st March 2017 Date of Hearing 22nd March 2017 Date of pronouncement ORDER PER GEROGE GEORGE K, JM: These are cross appeals against the CIT(A)’s order dated 30.7.2015. The relevant assessment year is 2010-11. 2 First, we shall take up for adjudication the appeal of the assessee

M/S.THE ERNAKULAM DISTRICT CO-OP BANK LTD,COCHIN vs. THE JT. DIRECTOR OF INCOME TAX (EXEMPTION),, COCHIN

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

Bench: S/Shri Abraham P George, Am & George George K, Jm & (Asst Year 2010-11)) The Ernakulam Dist Coop Bank Ltd Vs The Jt Director Of Income Tax Kakkanad (Exemption) Kochi Kochi ( Appellant/Respondent) (Respondent/Appellant)

V Sathyanarayanan Revenue By Sh Shantom Boss, CIT-DR 21st March 2017 Date of Hearing 22nd March 2017 Date of pronouncement ORDER PER GEROGE GEORGE K, JM: These are cross appeals against the CIT(A)’s order dated 30.7.2015. The relevant assessment year is 2010-11. 2 First, we shall take up for adjudication the appeal of the assessee

M/S JEEVAN TELECASTING CORPN LTD,COCHIN vs. ACIT, COCHIN

In the result, ITA Nos.606 to 610/Coch/2010 are partly allowed and ITA Nos

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

v. Commissioner of Income Tax]. The relevant paragraph is quoted hereunder:- "Be that as it may, circular No. 275/ 201/95-IT(B) dated January 29, 1997, issued by the central Board of Direct Taxes, in our considered opinion, should put an end to the controversy. The circular dec1ares "no demand visualized under section 201(1) of the Income

M/S JEEVAN TELECASTING CORPN LTD,COCHIN vs. ACIT, COCHIN

In the result, ITA Nos.606 to 610/Coch/2010 are partly allowed and ITA Nos

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

v. Commissioner of Income Tax]. The relevant paragraph is quoted hereunder:- "Be that as it may, circular No. 275/ 201/95-IT(B) dated January 29, 1997, issued by the central Board of Direct Taxes, in our considered opinion, should put an end to the controversy. The circular dec1ares "no demand visualized under section 201(1) of the Income

M/S JEEVAN TELECASTING CORPN LTD,COCHIN vs. ACIT, COCHIN

In the result, ITA Nos.606 to 610/Coch/2010 are partly allowed and ITA Nos

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

v. Commissioner of Income Tax]. The relevant paragraph is quoted hereunder:- "Be that as it may, circular No. 275/ 201/95-IT(B) dated January 29, 1997, issued by the central Board of Direct Taxes, in our considered opinion, should put an end to the controversy. The circular dec1ares "no demand visualized under section 201(1) of the Income

M/S JEEVAN TELECASTING CORPN LTD,COCHIN vs. ACIT, COCHIN

In the result, ITA Nos.606 to 610/Coch/2010 are partly allowed and ITA Nos

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

v. Commissioner of Income Tax]. The relevant paragraph is quoted hereunder:- "Be that as it may, circular No. 275/ 201/95-IT(B) dated January 29, 1997, issued by the central Board of Direct Taxes, in our considered opinion, should put an end to the controversy. The circular dec1ares "no demand visualized under section 201(1) of the Income