VRINDAVAN BUILDERS PVT KTD,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

96,513/-. In the assessment of Shri Rajendran Pillai the amount so transferred were assessed to tax on substantive basis for AYs 2010-11 to 2017-18. However, the AO noting the fact that the assessment in the case of Shri RajendranPillai are subject matter of appeal before the CIT(A), proceeded to make the addition on protective basis

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

96,513/-. In the assessment of Shri Rajendran Pillai the amount so transferred were assessed to tax on substantive basis for AYs 2010-11 to 2017-18. However, the AO noting the fact that the assessment in the case of Shri RajendranPillai are subject matter of appeal before the CIT(A), proceeded to make the addition on protective basis

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

96,513/-. In the assessment of Shri Rajendran Pillai the amount so transferred were assessed to tax on substantive basis for AYs 2010-11 to 2017-18. However, the AO noting the fact that the assessment in the case of Shri RajendranPillai are subject matter of appeal before the CIT(A), proceeded to make the addition on protective basis

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

96,513/-. In the assessment of Shri Rajendran Pillai the amount so transferred were assessed to tax on substantive basis for AYs 2010-11 to 2017-18. However, the AO noting the fact that the assessment in the case of Shri RajendranPillai are subject matter of appeal before the CIT(A), proceeded to make the addition on protective basis

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM vs. ALLEBASI BUILDERS AND DEVELOPERS (P) LTD, ATTINGAL

In the result, appeal filed by the assessee stands allowed and Revenue’s appeal and assessee’s cross objection stand dismissed

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

section 132 of the Income Tax Act, 1961 (the Act) were conducted in the case of one Shri M.K. Rajendran Pillai, his wife Smt. Valsala Raj and sons Shri Varun Ran and Shri Arun Raj and also in the business concerns of Sreevalsam Group on 08.06.2017. This group of concerns is stated to be engaged in the business

SREEVALSAM HOTELS AND RESORTS PRIVATE LTD,RAJAVALSAM vs. ACIT, CENTRAL CIRCLE, KOLLAM

In the result, assessee’s appeal in ITA No

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

96,513/-. In the assessment of Shri Rajendran Pillai the amount so transferred were assessed to tax on substantive basis for AYs 2010-11 to 2017- 18. However, the AO noting the fact that the assessment in the case of Shri Rajendran Pillai are subject matter of appeal before the CIT(A), proceeded to make the addition on protective basis

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

96,513/-. In the assessment of Shri Rajendran Pillai the amount so transferred were assessed to tax on substantive basis for AYs 2010-11 to 2017-18. However, the AO noting the fact that the assessment in the case of Shri RajendranPillai are subject matter of appeal before the CIT(A), proceeded to make the addition on protective basis

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM, KERALA 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

96,513/-. In the assessment of Shri Rajendran Pillai the amount so transferred were assessed to tax on substantive basis for AYs 2010-11 to 2017-18. However, the AO noting the fact that the assessment in the case of Shri RajendranPillai are subject matter of appeal before the CIT(A), proceeded to make the addition on protective basis

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

96,513/-. In the assessment of Shri Rajendran Pillai the amount so transferred were assessed to tax on substantive basis for AYs 2010-11 to 2017-18. However, the AO noting the fact that the assessment in the case of Shri RajendranPillai are subject matter of appeal before the CIT(A), proceeded to make the addition on protective basis

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

96,513/-. In the assessment of Shri Rajendran Pillai the amount so transferred were assessed to tax on substantive basis for AYs 2010-11 to 2017-18. However, the AO noting the fact that the assessment in the case of Shri RajendranPillai are subject matter of appeal before the CIT(A), proceeded to make the addition on protective basis

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

96,513/-. In the assessment of Shri Rajendran Pillai the amount so transferred were assessed to tax on substantive basis for AYs 2010-11 to 2017-18. However, the AO noting the fact that the assessment in the case of Shri RajendranPillai are subject matter of appeal before the CIT(A), proceeded to make the addition on protective basis

MUTHOOT BANKERS,TRIVANDRUM vs. THE ACIT CIRCLE 1(2), TRIVANDRUM

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

section 14A r.w. rule 8D disallowance(s) amounting to Rs.88,68,993/- and Rs. 96,41,136/-; assessment year

MUTHOOT BANKERS,TRIVANDRUM vs. THE ACIT CIRCLE 1(2), TRIVANDRUM

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

section 14A r.w. rule 8D disallowance(s) amounting to Rs.88,68,993/- and Rs. 96,41,136/-; assessment year

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

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

96,08,040/-. The return of income was selected for scrutiny through CASS. During the assessment proceedings, it was noticed from the audit report in Form 3CEB that the Assessee had entered into International Transactions amounting to INR.2,34,83,13,172/- with its Associated Enterprises. The case of the Assessee was referred to the Transfer Pricing Officer (TPO) under

HASEENA MEHBOOB,CALICUT vs. INCOME TAX OFFICER WARD 1(1), KOZHIKODE

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

Bench: Shri George George K., Vp & Shri Inturi Rama Rao, Am

96,01,431/-. Without considering these evidences, the CIT(A) simply confirmed the addition. He further submits that the AO was not justified in making the addition of the credits in the pass book invoking provisions of section 68

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM vs. ARUN RAJ PILLAI, PATHANAMTHITTA

In the result, the cross objection filed by the assessee company stands allowed

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

96,513/-. In the assessment of Shri Rajendran Pillai the amounts of cash deposits made in the appellant’s bank account were assessed to tax on substantive basis for AY 2018-19. However, the AO noting the fact that the assessment in the case of Shri Rajendran Pillai are subject matter of appeal before the CIT(A), proceeded to make

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM vs. VARUN RAJ, PATHANAMTHITTA

In the result, the appeals filed by the Revenue and the cross objections of the assessee stand dismissed

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

96,40,106/- 6. The assessing officer had brought to tax the above sum of Rs. 2,56,84,000/- as unexplained money of the appellant for the alleged failure of the assessee to offer any plausible explanation in support of the source of above mentioned investment vide order dated 18.03.2020 passed u/s. 143(3) r.w.s 153A

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM vs. MONEYMUTTAM FINANCE, PATHANAMTHITTA

In the result, assessee’s cross objection stands allowed and appeal filed by the Revenue stands dismissed

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm Assessment Years: 2017-18

96,513/-. In the assessment of Shri Rajendran Pillai the amount so transferred were assessed to tax on substantive basis for AYs 2010-11 to 2017-18. However, the AO noting the fact that the assessment in the case of Shri Rajendran Pillai are subject matter of appeal before the CIT(A), proceeded to make the addition on protective basis