AVINISSERY SERVICE CO-OPERATIVE BANK LTD,THRISSUR vs. THE INCOME TAX OFFICER WARD 2(1),THRISSUR, THRISSUR

prices and distributing the same to our members for a very nominal rate. We are also distributing plants, sourcing the agricultural produces by our members and enabling a trade platform also. The same can be verified from our trading account and sales tax registration certificates and returns. Also, Panchayath licenses for the same is available.* - *6. The order passed

ASPINWALL & COMPANY LTD,COCHIN vs. THE ACIT, COCHIN

In the result,the appeal of the Revenue in ITA No

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

price relating to the buildings, I.T.A. Nos. 60&61/Coch/2015 & 128 & 133/Coch/2017 Plant and Machinery etc. belonging to an estate is never allowed as a revenue expenditure and it is not right on the part of the assessee to categorize the cost of acquisition of a thing as a revenue expenditure and the thing, as a capital asset. Therefore

M/S ASPINWALL & CO.,LTD,COCHIN vs. THE ACIT, COCHIN

In the result,the appeal of the Revenue in ITA No

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

price relating to the buildings, I.T.A. Nos. 60&61/Coch/2015 & 128 & 133/Coch/2017 Plant and Machinery etc. belonging to an estate is never allowed as a revenue expenditure and it is not right on the part of the assessee to categorize the cost of acquisition of a thing as a revenue expenditure and the thing, as a capital asset. Therefore

ASPINWALL & COMPANY LTD,COCHIN vs. THE ACIT, COCHIN

In the result,the appeal of the Revenue in ITA No

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

price relating to the buildings, I.T.A. Nos. 60&61/Coch/2015 & 128 & 133/Coch/2017 Plant and Machinery etc. belonging to an estate is never allowed as a revenue expenditure and it is not right on the part of the assessee to categorize the cost of acquisition of a thing as a revenue expenditure and the thing, as a capital asset. Therefore

THE DCIT, COCHIN vs. M/S.ASPINWALL & CO. LTD, COCHIN

In the result,the appeal of the Revenue in ITA No

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

price relating to the buildings, I.T.A. Nos. 60&61/Coch/2015 & 128 & 133/Coch/2017 Plant and Machinery etc. belonging to an estate is never allowed as a revenue expenditure and it is not right on the part of the assessee to categorize the cost of acquisition of a thing as a revenue expenditure and the thing, as a capital asset. Therefore

CARMEL EDUCATIONAL TRUST,PATHANAMTHITTA vs. DCIT,CEN- CIRCLE,, KOTTAYAM

In the result, the appeals of the assesses in ITA no

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

45, the Ld. AR relied on the judgment of the Apex Court in the case of CIT vs. B.C. Sreenivasa Shetty (128 ITR 294) wherein it was held that if the cost of acquisition of the asset transferred is indeterminable no capital gains can be computed. In the assessee’s case, the cost of acquisition of the asset transferred

CARMEL EDUCATIONAL TRUST,PATHANAMTHITTA vs. DCIT,CEN- CIRCLE,, KOTTAYAM

In the result, the appeals of the assesses in ITA no

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

45, the Ld. AR relied on the judgment of the Apex Court in the case of CIT vs. B.C. Sreenivasa Shetty (128 ITR 294) wherein it was held that if the cost of acquisition of the asset transferred is indeterminable no capital gains can be computed. In the assessee’s case, the cost of acquisition of the asset transferred

SMT.GRACY BABU,ADOOR P.O. vs. THE DCIT CEN-CIRCLE, KOTTAYAM

In the result, the appeals of the assessesin ITA no

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

45, the Ld. AR relied on the judgment of the Apex Court in the case of CIT vs. B.C. Sreenivasa Shetty (128 ITR 294) wherein it was held that if the cost of acquisition of the asset transferred is indeterminable no capital gains can be computed. In the assessee’s case, the cost of acquisition of the asset transferred

THE ACIT CEN-CIRCLE, KOTTAYAM vs. SMT.GRACY BABU, ADOOR P.O.

In the result, the appeals of the assesses in ITA no

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

45, the Ld. AR relied on the judgment of the Apex Court in the case of CIT vs. B.C. Sreenivasa Shetty (128 ITR 294) wherein it was held that if the cost of acquisition of the asset transferred is indeterminable no capital gains can be computed. In the assessee’s case, the cost of acquisition of the asset transferred

SMT.GRACY BABU,ADOOR P.O. vs. THE DCIT CEN-CIRCLE, KOTTAYAM

In the result, the appeals of the assessesin ITA no

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

45, the Ld. AR relied on the judgment of the Apex Court in the case of CIT vs. B.C. Sreenivasa Shetty (128 ITR 294) wherein it was held that if the cost of acquisition of the asset transferred is indeterminable no capital gains can be computed. In the assessee’s case, the cost of acquisition of the asset transferred

SRI.JOSE THOMAS,ADOOR vs. THE DCIT, CEN-CIRCLE, KOTTAYAM

In the result, the appeals of the assessesin ITA no

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

45, the Ld. AR relied on the judgment of the Apex Court in the case of CIT vs. B.C. Sreenivasa Shetty (128 ITR 294) wherein it was held that if the cost of acquisition of the asset transferred is indeterminable no capital gains can be computed. In the assessee’s case, the cost of acquisition of the asset transferred

THE ACIT, CEN-CIRCLE, KOTTAYAM vs. SRI.JOSE THOMAS, ADOOR

In the result, the appeals of the assesses in ITA no

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

45, the Ld. AR relied on the judgment of the Apex Court in the case of CIT vs. B.C. Sreenivasa Shetty (128 ITR 294) wherein it was held that if the cost of acquisition of the asset transferred is indeterminable no capital gains can be computed. In the assessee’s case, the cost of acquisition of the asset transferred

CARMEL EDUCATIONAL TRUST,PATHANAMTHITTA vs. DCIT,CEN- CIRCLE,, KOTTAYAM

In the result, the appeals of the assesses in ITA no

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

45, the Ld. AR relied on the judgment of the Apex Court in the case of CIT vs. B.C. Sreenivasa Shetty (128 ITR 294) wherein it was held that if the cost of acquisition of the asset transferred is indeterminable no capital gains can be computed. In the assessee’s case, the cost of acquisition of the asset transferred

CARMEL EDUCATIONAL TRUST,PATHANAMTHITTA vs. DCIT,CEN- CIRCLE,, KOTTAYAM

In the result, the appeals of the assesses in ITA no

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

45, the Ld. AR relied on the judgment of the Apex Court in the case of CIT vs. B.C. Sreenivasa Shetty (128 ITR 294) wherein it was held that if the cost of acquisition of the asset transferred is indeterminable no capital gains can be computed. In the assessee’s case, the cost of acquisition of the asset transferred

SMT.GRACY BABU,ADOOR P.O. vs. THE DCIT CEN-CIRCLE, KOTTAYAM

In the result, the appeals of the assessesin ITA no

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

45, the Ld. AR relied on the judgment of the Apex Court in the case of CIT vs. B.C. Sreenivasa Shetty (128 ITR 294) wherein it was held that if the cost of acquisition of the asset transferred is indeterminable no capital gains can be computed. In the assessee’s case, the cost of acquisition of the asset transferred

SRI.JOSE THOMAS,ADOOR vs. THE DCIT, CEN-CIRCLE, KOTTAYAM

In the result, the appeals of the assessesin ITA no

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

45, the Ld. AR relied on the judgment of the Apex Court in the case of CIT vs. B.C. Sreenivasa Shetty (128 ITR 294) wherein it was held that if the cost of acquisition of the asset transferred is indeterminable no capital gains can be computed. In the assessee’s case, the cost of acquisition of the asset transferred

CARMEL EDUCATIONAL TRUST,PATHANAMTHITTA vs. DCIT, KOTTAYAM

In the result, the appeals of the assesses in ITA no

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

45, the Ld. AR relied on the judgment of the Apex Court in the case of CIT vs. B.C. Sreenivasa Shetty (128 ITR 294) wherein it was held that if the cost of acquisition of the asset transferred is indeterminable no capital gains can be computed. In the assessee’s case, the cost of acquisition of the asset transferred

MRS.GRACY BABU,ADOOR P.O., PATHANAMTHITTA vs. THE DCIT, CEN-CIRCLE, KOTTAYAM

In the result, the appeals of the assessesin ITA no

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

45, the Ld. AR relied on the judgment of the Apex Court in the case of CIT vs. B.C. Sreenivasa Shetty (128 ITR 294) wherein it was held that if the cost of acquisition of the asset transferred is indeterminable no capital gains can be computed. In the assessee’s case, the cost of acquisition of the asset transferred

SRI.JOSE THOMAS,ADOOR vs. THE DCIT, CEN-CIRCLE, KOTTAYAM

In the result, the appeals of the assessesin ITA no

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

45, the Ld. AR relied on the judgment of the Apex Court in the case of CIT vs. B.C. Sreenivasa Shetty (128 ITR 294) wherein it was held that if the cost of acquisition of the asset transferred is indeterminable no capital gains can be computed. In the assessee’s case, the cost of acquisition of the asset transferred