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

40A(3), including interest, rent, salary and other business expense where payment in cash exceeding Rs.20,000 and not covered by Rule 6DD. iv. disallowance of interest and other sums under section 40(a)(i), if any, if section 195 is violated. v. disallowance under section 40(a)(ia), after due examination (due care

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

40A(3), including interest, rent, salary and other business expense where payment in cash exceeding Rs.20,000 and not covered by Rule 6DD. iv. disallowance of interest and other sums under section 40(a)(i), if any, if section 195 is violated. v. disallowance under section 40(a)(ia), after due examination (due care

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

40A(3), including interest, rent, salary and other business expense where payment in cash exceeding Rs.20,000 and not covered by Rule 6DD. iv. disallowance of interest and other sums under section 40(a)(i), if any, if section 195 is violated. v. disallowance under section 40(a)(ia), after due examination (due care

THE KALAKKODU SERVICE CO-OP BANK LTD,KOLLAM vs. THE ITO, KOLLAM

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

Bench: Shrigeorge George K.And Shrilaxmi Prasad Sahu(Assessment Year:2018-19

9. The learned Senior Advocate argues that the 5% expenditure excluded does not merit a deduction under Chapter VI A of the Act. The exclusion has to be treated as an occasion falling under ITA164/Coch/2021& SA 38/C/2021 5 The Kalakkodu Service Co-Operative Bank Ltd. section 68 of the IT Act. Further, the Circular, relied on by the Tribunal

KKR AGRO MILLS P. LTD,ERNAKULAM vs. THE ACIT, COCHIN

In the result, appeal is allowed in favour of the assessee

Bench: Shri N. V. Vasudevan & Ms. Padmavathy Sassessment Year : 2010-11 Kkr Agro Mills Pvt. Ltd., Vs. Acit, Iii/678, Kkr Building, Okkal Kalady, Circle – 1(2), Ernakulam – 683 550. Kochi. Pan : Aabck 6542 K Assessee Respondent

section 40A(2) 4. Addition for under reporting of production on account of Mismatch between electricity consumption & Rice Production (Production and unaccounted sales Estimated) a) The Assessing Officer as well as the CIT (Appeals) was not justified in rejecting the book results only on the ground of irregular pattern of consumption of electricity. b) It is submitted that there

THE TRIVANDRUM EMPLOYEES CO-OPERATIVE SOCIETY LIMITED NO. 43,THIRUVANANTHAPURAM vs. THE INCOME TAX OFFICER, THIRUVANANTHAPURAM

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

40A(3) of the Income Tax Act, without entering into a finding that there is failure to deduct tax in respect of each item. The Trivandrum Employees Co-operative Society Ltd. 8) The learned Assessing Officer went wrong in invoking the provisions of Section 115BBE of the Income Tax Act. Appellant prays that the Assessing Officer may be directed

THE TRIVANDRUM EMPLOYEES CO-OPERATIVE SOCIETY LIMITED NO. 43,TRIVANDRUM vs. THE ADDITIONAL JOINT DEPUTY ASSISTANT COMMISSIONER OF INCOME TAX, KOCHI

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

40A(3) of the Income Tax Act, without entering into a finding that there is failure to deduct tax in respect of each item. The Trivandrum Employees Co-operative Society Ltd. 8) The learned Assessing Officer went wrong in invoking the provisions of Section 115BBE of the Income Tax Act. Appellant prays that the Assessing Officer may be directed

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

40A (other than sub-section (3) and (4) thereof) 41, 43, 43A, 43B and 43C of the Income Tax Act shall so far as may be, apply accordingly. Rule 6. Where the result of the computation for previous year in respect of any source of agricultural income is a loss, such loss shall be set off against the income

SMT. T.C. USHA,KOLLAM vs. THE ACIT, KOLLAM

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

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

9,70,41,456 1,28,00,136 Company 3. Prakash Exports 4,70,020,320 11,24,49,520 239.24 268.41 12,61,58,154 1,37,08,634 4. Prathyush Exports 13,335.840 29,98,800 224.86 268.41 35,79,473 5,80,673 5. Sunfood

M/S. VIJAYALAXMICASHEW CO.,,KOLLAM vs. THE ACIT, KOLLAM

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

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

9,70,41,456 1,28,00,136 Company 3. Prakash Exports 4,70,020,320 11,24,49,520 239.24 268.41 12,61,58,154 1,37,08,634 4. Prathyush Exports 13,335.840 29,98,800 224.86 268.41 35,79,473 5,80,673 5. Sunfood

SRI.R.PRAKASH,KOLLAM vs. THE ACIT, KOLLAM

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

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

9,70,41,456 1,28,00,136 Company 3. Prakash Exports 4,70,020,320 11,24,49,520 239.24 268.41 12,61,58,154 1,37,08,634 4. Prathyush Exports 13,335.840 29,98,800 224.86 268.41 35,79,473 5,80,673 5. Sunfood

M/S. VIJAYALAXMICASHEW CO.,,KOLLAM vs. THE ACIT, KOLLAM

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

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

9,70,41,456 1,28,00,136 Company 3. Prakash Exports 4,70,020,320 11,24,49,520 239.24 268.41 12,61,58,154 1,37,08,634 4. Prathyush Exports 13,335.840 29,98,800 224.86 268.41 35,79,473 5,80,673 5. Sunfood

M/S. VIJAYALAXMICASHEW CO.,,KOLLAM vs. THE ACIT, KOLLAM

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

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

9,70,41,456 1,28,00,136 Company 3. Prakash Exports 4,70,020,320 11,24,49,520 239.24 268.41 12,61,58,154 1,37,08,634 4. Prathyush Exports 13,335.840 29,98,800 224.86 268.41 35,79,473 5,80,673 5. Sunfood

SRI.R.PRAKASH,KOLLAM vs. THE ACIT, KOLLAM

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

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

9,70,41,456 1,28,00,136 Company 3. Prakash Exports 4,70,020,320 11,24,49,520 239.24 268.41 12,61,58,154 1,37,08,634 4. Prathyush Exports 13,335.840 29,98,800 224.86 268.41 35,79,473 5,80,673 5. Sunfood

SMT. T.C. USHA,KOLLAM vs. THE ACIT, KOLLAM

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

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

9,70,41,456 1,28,00,136 Company 3. Prakash Exports 4,70,020,320 11,24,49,520 239.24 268.41 12,61,58,154 1,37,08,634 4. Prathyush Exports 13,335.840 29,98,800 224.86 268.41 35,79,473 5,80,673 5. Sunfood

SRI.R. PRATAP,KOLLAM vs. THE ACIT, KOLLAM

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

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

9,70,41,456 1,28,00,136 Company 3. Prakash Exports 4,70,020,320 11,24,49,520 239.24 268.41 12,61,58,154 1,37,08,634 4. Prathyush Exports 13,335.840 29,98,800 224.86 268.41 35,79,473 5,80,673 5. Sunfood

SRI.K.RAVINDRANATHAN NAIR,KOLLAM vs. THE ACIT, KOLLAM

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

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

9,70,41,456 1,28,00,136 Company 3. Prakash Exports 4,70,020,320 11,24,49,520 239.24 268.41 12,61,58,154 1,37,08,634 4. Prathyush Exports 13,335.840 29,98,800 224.86 268.41 35,79,473 5,80,673 5. Sunfood

SRI.R. PRATAP,KOLLAM vs. THE ACIT, KOLLAM

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

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

9,70,41,456 1,28,00,136 Company 3. Prakash Exports 4,70,020,320 11,24,49,520 239.24 268.41 12,61,58,154 1,37,08,634 4. Prathyush Exports 13,335.840 29,98,800 224.86 268.41 35,79,473 5,80,673 5. Sunfood