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

90,000 (610000-20000) credited into cash book is treated as un-explained and taxed under section 68 of the Act.” 6. Aggrieved

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

90,000 (610000-20000) credited into cash book is treated as un-explained and taxed under section 68 of the Act.” 6. Aggrieved

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

90,000 (610000-20000) credited into cash book is treated as un-explained and taxed under section 68 of the Act.” 6. Aggrieved

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

90,000 (610000-20000) credited into cash book is treated as un-explained and taxed under section 68 of the Act.” 6. Aggrieved

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

90,000 (610000-20000) credited into cash book is treated as un-explained and taxed under section 68 of the Act.” 6. Aggrieved

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

90,000 (610000-20000) credited into cash book is treated as un-explained and taxed under section 68 of the Act.” 6. Aggrieved

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

90,000 (610000-20000) credited into cash book is treated as un-explained and taxed under section 68 of the Act.” 6. Aggrieved

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.” 4.1 Similarly, for the assessment year 2004-05, the Assessing Officer made addition of Rs.5,90

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.” 4.1 Similarly, for the assessment year 2004-05, the Assessing Officer made addition of Rs.5,90

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

90,000. However, the assessee has not filed the confirmation letters from the above two donors. If the assessee is able to file the confirmation letters stating that it was received the amount as donation towards corpus fund of the assessee-trust, then there cannot be any application of section 68

VENUS INDUSTRIES,KODUNGALLUR vs. ACIT, CIRCLE 2(1), THRISSUR

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

Bench: Shri Inturi Rama Rao, Am & Sonjoy Sarma, Jm

90,756/- for failure of the assessee to satisfy the ingredients of section 68 of the Act. The AO also

VENUS INDUSTRIES,KODUNGALLUR vs. ACIT, CIRCLE 2(1), THRISSUR

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

Bench: Shri Inturi Rama Rao, Am & Sonjoy Sarma, Jm

90,756/- for failure of the assessee to satisfy the ingredients of section 68 of the Act. The AO also

SHRI VISHWAMBHARAN BHASKARAN,TRIVANDRUM vs. THE DCIT ( INTERNATIONAL TAXATION), TRIVANDRUM

Appeal is partly allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singhviswambharan Bhaskaran Dcit (International Taxation) Tc 2/2094/10, Viswam Towers Trivandrum Adarsh Nagar, Pattom P.O. Vs. Trivandrum 695004 [Pan: Arbpb8095J] (Appellant) (Respondent)

section 68 unexplained cash credit addition of Rs. 30,90,800/- in the course of assessment herein dated 25.11.2016 as upheld

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

90,000 -- 20.07.2009 5,19,426 -- 6. Abdul Hakkim 22.06.2009 1,70,000 Cash 7. Sayana Hakkim 23.11.2009 1,50,000 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

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

Section 36 deals with other deduction in respect of premium paid, interest etc. 3.7 In the present case, there is no allegation by the Assessing Officer that the sassessee has not incurred any expenditure. The only allegation is that the assessee has not rendered any services to M/s. Rosy Blue (India) Pvt. Ltd. In our opinion when there

SRI.SUDHEESH KUMAR K,ALAPPUZHA vs. THE ITO,WD-4, ALAPPUZHA

In the result, appeal of the assessee is allowed

Bench: S/Shri Chandra Poojari, Am & George George K., Jm Assessment Year: 2013-14

68 of the Income Tax Act, where the section talks about sums credited in the books of accounts. There is lack of application by the Assessing Officer. Appellant prays that the addition of Rs. 4,32,000/- be deleted. 3. The facts of the case are that the assessee is a dealer in mobile phone coupons by the name

CHERUVARAKONAM SERVICE CO-OPERATIVE BANK LTD,THIRUVANANTHAPURAM vs. I.T.O, WARD-2(1), TRIVANDRUM

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

section(s) 68 & 69C addition(s) thereby involving varying sum(s), without dealing 2 ITA No. 579 & SA No. 78/Coch/2024 Cheruvarakonam Service Co-op. Bank Ltd. with the relevant factual matrix as contemplated u/s. 250(6) of the Act requiring him to frame points of determination followed by a detailed discussion thereupon. We further note that the Assessing Officer

MR.SEEGLIN JOSE MORAIS OUSEPH,TRIVANDRUM vs. THE ITO, WD-1(3), TRIVANDRUM

In the result, the appeal of the assessee is partly allowed for statistical purposes

Bench: S/Shri Chandra Poojari, Am & George George K., Jm Assessment Year: 2009-10

section 17 of the Registration Act, 1908 albeit to an agreement for sale ought to have been appreciated by the authorities. 7. The Assessing Officer as well as the CIT(A) ought to have given due weightage to affidavits and personal relations between the parties which ought not have been neglected. 8. The CIT(A) ought to have give