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

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

sections are attracted 6. The learned Commissioner of Income Tax (Appeals) erred in sustaining the addition of Rs. 3,50,44,001/- as unexplained income u/s 68

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

sections are attracted 6. The learned Commissioner of Income Tax (Appeals) erred in sustaining the addition of Rs. 3,50,44,001/- as unexplained income u/s 68

THE ACIT, CEN-CIRCLE-2, ERNAKULAM, ERNAKULAM vs. M/S.THOMSON AGENCIES, THRISSUR

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

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

section leaves no doubt that the addition u/s 68 has to be made in the hands of the assessee in whose books the credits appear and not in the hands of the creditor of the assessee. 2. The CIT(A) in deciding that unexplained credits brought into the books of the firm by the partners need to considered

THE ACIT, CEN-CIRCLE-2, ERNAKULAM, ERNAKULAM vs. M/S.THOMSON AGENCIES, TRICHUR

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

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

section leaves no doubt that the addition u/s 68 has to be made in the hands of the assessee in whose books the credits appear and not in the hands of the creditor of the assessee. 2. The CIT(A) in deciding that unexplained credits brought into the books of the firm by the partners need to considered

THE ACIT, CEN-CIRCLE-2, ERNAKULAM, ERNAKULAM vs. M/S.THOMSON AGENCIES, KOMBODINJAMAKKAL, TRICHUR, TRICHUR

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

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

section leaves no doubt that the addition u/s 68 has to be made in the hands of the assessee in whose books the credits appear and not in the hands of the creditor of the assessee. 2. The CIT(A) in deciding that unexplained credits brought into the books of the firm by the partners need to considered

THE ACIT, CEN-CIRCLE-2, ERNAKULAM, ERNAKULAM vs. M/S.THOMSON AGENCIES, TRICHUR

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

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

section leaves no doubt that the addition u/s 68 has to be made in the hands of the assessee in whose books the credits appear and not in the hands of the creditor of the assessee. 2. The CIT(A) in deciding that unexplained credits brought into the books of the firm by the partners need to considered

THE ACIT, CEN-CIRCLE-2, ERNAKULAM, ERNAKULAM vs. M/S.THOMSON AGENCIES, TRICHUR

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

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

section leaves no doubt that the addition u/s 68 has to be made in the hands of the assessee in whose books the credits appear and not in the hands of the creditor of the assessee. 2. The CIT(A) in deciding that unexplained credits brought into the books of the firm by the partners need to considered

THE ACIT, CEN-CIRCLE-2, KOCHI, KOCHI vs. M/S.THOMSON AGENCIES, TRICHUR

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

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

section leaves no doubt that the addition u/s 68 has to be made in the hands of the assessee in whose books the credits appear and not in the hands of the creditor of the assessee. 2. The CIT(A) in deciding that unexplained credits brought into the books of the firm by the partners need to considered

THE ACIT, CEN-CIRCLE-2, ERNAKULAM, ERNAKULAM vs. M/S.THOMSON AGENCIES, THRISSUR

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

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

section leaves no doubt that the addition u/s 68 has to be made in the hands of the assessee in whose books the credits appear and not in the hands of the creditor of the assessee. 2. The CIT(A) in deciding that unexplained credits brought into the books of the firm by the partners need to considered

M/S.SNEHA TRUST FOR CHARITY EDUATION,PALALLAD vs. THE ACIT, PALAKKAD

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

Bench: Shri Chandra Poojari

50,000 Total 17,00,000 4,90,000 11,90,000 33,80,000 ITA No.731/Coch/2019. 2 M/s.Sneha Trust for Charity and Education. 3.1 The Assessing Officer was of the opinion that out of the total amount of Rs.33,80,000 received in above three assessment years, a sum of Rs.8,80,000 was unexplained income in the hands

SRI.ANWARSADATH,ALAPPUZHA vs. THE ITO, WD-1, ALAPPUZHA

In the result, the appeals of the assessee are partly allowed

Bench: Shri George George K.

section 68 of the Act and is so assessed.” 5. Aggrieved by the orders passed by the Assessing Officer for assessment years 2003-04 and 2004-05, the assessee preferred the appeals before the first appellate authority. The CIT(A) confirmed the view taken by the Assessing Officer and dismissed the appeals filed by the assessee. The relevant finding

SRI.ANWARSADATH,ALAPPUZHA vs. THE ITO, WD-1, ALAPPUZHA

In the result, the appeals of the assessee are partly allowed

Bench: Shri George George K.

section 68 of the Act and is so assessed.” 5. Aggrieved by the orders passed by the Assessing Officer for assessment years 2003-04 and 2004-05, the assessee preferred the appeals before the first appellate authority. The CIT(A) confirmed the view taken by the Assessing Officer and dismissed the appeals filed by the assessee. The relevant finding

KERALA GAZETTED OFFICERS CO-OPERATIVE SOCIETY LIMITED NO. T-424,TRIVANDRUM vs. THE INCOME TAX OFFICER, TRIVANDRUM

Appeal is partly allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singhkerala Gazetted Officers The Income Tax Officer Co-Op. Society Ltd. Ward - 2(1), Trivandrum Vazhuthakkdu, Thycaud Post Vs. Trivandrum 695014 [Pan: Aacak6865C] (Appellant) (Respondent)

68 of the Income Tax Act as unexplained credits without going into the merits of the case. 4) The learned Commissioner of Income Tax (Appeals) erred in rejecting the submissions made by the appellant as additional evidence, no admissible and violative of Rule 46A(1) of the Income Tax Rules. 5) The learned Commissioner of Income Tax (Appeals) ought

SRI.NIHAS BASHEER,ALAPPUZHA vs. THE ITO, WD-3, ALAPPUZHA, ALAPPUZHA

In the result, ground No.3 raised by the assessee is rejected

Bench: Shri George George K

50,000 Cash 26,29,436 4.1 The Assessing Officer, after examining the details of each of the credits, held that the above creditors are not genuine and added the sum of Rs.26,29,436 u/s 68 of the I.T.Act. The A.O. held that even after repeated requests none of the creditors were not produced for examination. The A.O. concluded

VRINDAVAN BUILDERS PVT LTD,NAGALAND vs. ACIT CENTRAL CIRCLE, KOLLAM

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

50,500/-. However, based on the finding given by the ITAT in the case Shri Rajendran Pillai, the CIT(A) confirmed the addition in respect of loan received from other parties to the extent of Rs. 23,00,000/- and also confirmed the addition on account of unexplained cash deposit 5 ITA 695 to 700 & 732 to 736/Coch/2024 Vrindavan Builders

VRINDAVAN BHAVAN PVT LTD,NAGALAND vs. ACIT CENTRAL CIRCLE, KOLLAM

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

50,500/-. However, based on the finding given by the ITAT in the case Shri Rajendran Pillai, the CIT(A) confirmed the addition in respect of loan received from other parties to the extent of Rs. 23,00,000/- and also confirmed the addition on account of unexplained cash deposit 5 ITA 695 to 700 & 732 to 736/Coch/2024 Vrindavan Builders

VRINDAVAN BUILDERS PVT LTD,NAGALAND vs. ACIT CENTRAL CIRCLE, KOLLAM

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

50,500/-. However, based on the finding given by the ITAT in the case Shri Rajendran Pillai, the CIT(A) confirmed the addition in respect of loan received from other parties to the extent of Rs. 23,00,000/- and also confirmed the addition on account of unexplained cash deposit 5 ITA 695 to 700 & 732 to 736/Coch/2024 Vrindavan Builders

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM, KOLLAM vs. VRINDAVAN BUILDERS PRIVATE LIMITED, KERALA

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

50,500/-. However, based on the finding given by the ITAT in the case Shri Rajendran Pillai, the CIT(A) confirmed the addition in respect of loan received from other parties to the extent of Rs. 23,00,000/- and also confirmed the addition on account of unexplained cash deposit 5 ITA 695 to 700 & 732 to 736/Coch/2024 Vrindavan Builders

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM, KOLLAM vs. VRINDAVAN BUILDERS PRIVATE LIMITED, PATHANAMTHITTA

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

50,500/-. However, based on the finding given by the ITAT in the case Shri Rajendran Pillai, the CIT(A) confirmed the addition in respect of loan received from other parties to the extent of Rs. 23,00,000/- and also confirmed the addition on account of unexplained cash deposit 5 ITA 695 to 700 & 732 to 736/Coch/2024 Vrindavan Builders