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7 results for “disallowance”+ Section 36(1)(viia)clear

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Key Topics

Section 36(1)(viia)26Section 36(1)15Section 36(1)(vii)7Deduction7Section 36(2)5Limitation/Time-bar5Section 260A4Section 80P2Section 2602Section 143(3)

THE PRINCIPAL COMMISSIONER OF INCOME TAX, KOCHI 2 vs. ERNAKULAM DISTRICT CO-OPERATIVE BANK LTD

ITA/63/2017HC Kerala31 Aug 2021

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE VIJU ABRAHAM

For Appellant: ERNAKULAM DISTRICT CO-OPERATIVE BANK LTDFor Respondent: THE PRINCIPAL COMMISSIONER OF INCOME TAX, KOCHI 2
Section 36(1)Section 36(1)(viia)Section 80P

disallowed the claim u/s 36(1)(viia) of the Act? 3. Substantial Question No.1 relates to the claim of deduction at 7.5% of the total income as allowance under the first limb of Section

THE COMMISSIONER OF INCOME TAX, TVM vs. STATE BANK OF TRAVANCORE, TVM

Appeal stands dismissed

2
Depreciation2
Disallowance2
ITA/118/2009
HC Kerala
13 Jul 2021

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS

Section 260ASection 36(1)Section 36(1)(vii)Section 36(1)(viia)Section 36(2)

disallowed the claim of the assessee under I.T.A. No.118/2009 -3- Section 36(1)(viia). The assessee filed appeal before the Commissioner

THECOMMISSIONER OF INCOME TAX,TRICHUR vs. CATHOLIC SYRIAN BANK LTD.,TRICHUR

Appeal stands dismissed

ITA/1439/2009HC Kerala13 Jul 2021

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS

Section 260ASection 36(1)Section 36(1)(vii)Section 36(1)(viia)Section 36(2)

Section 36(1)(vii) cannot be the claim of the assessee for bad debts u/s 36(1)(vii), and the claim in the credit balance in the provision for bad and doubtful debts u/s. 36(1)(viia) be disallowed

THE COMMISSIONER OF INCOME TAX, TRICHUR vs. M/S.DHANALAKSHMI BANK LTD.,TRICHUR

Appeal stands dismissed accordingly

ITA/304/2009HC Kerala13 Jul 2021

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS

For Appellant: M/S.DHANALAKSHMI BANK LTD.,TRICHURFor Respondent: THE COMMISSIONER OF INCOME TAX, TRICHUR
Section 260Section 36(1)Section 36(1)(viia)Section 36(2)

disallowed the claim of the assessee under Section 36(1)(viia). Similarly, the Assessing Officer disallowed the claim of payment

THE COMMISSIONER OF INCOME TAX,TRICHUR vs. THE SOUTH INDIAN BANK LTD.,TRICHUR.

Appeal stands dismissed

ITA/178/2009HC Kerala13 Jul 2021

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS

Section 260ASection 36(1)Section 36(1)(viia)Section 36(2)

disallowed the claim of the assessee under Section 36(1)(viia). Similarly, the Assessing Officer disallowed the revaluation of unquoted

THE COMMISSIONER OF INCOME TAX vs. M/S. THE DHANALAKSHMI BANK LTD.

Appeal stands dismissed accordingly

ITA/1065/2009HC Kerala13 Jul 2021

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS

For Appellant: THE COMMISSIONER OF INCOME TAXFor Respondent: M/S.THE DHANALAKSHMI BANK LTD
Section 260Section 36(1)Section 36(1)(vii)Section 36(1)(viia)Section 36(2)

Section 36(1)(vii) cannot be the claim of the assessee for bad debts u/s. 36(1) (vii), and the claim in the credit balance in the provision for bad and doubtful debts u/s 36(1)(viia) be disallowed

THE COMMISSIONER OF INCOME TAX vs. THE SOUTH INDIAN BANK LTD.

The appeal is allowed in part, answering question no

ITA/802/2009HC Kerala14 Jul 2021

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS

Section 143(3)Section 260ASection 36(1)(viia)

36(1)(viia) as follows: " 'rural branch' means a branch of a scheduled bank or a non scheduled bank situated in a place which has a population of not more than ten thousand according to the last preceding which the relevant figures have been published before the first day of the previous year." 5 What is clear from the above