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6 results for “disallowance”+ Section 67(1)clear

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Key Topics

Section 36(1)(vii)5Section 143(3)3Deduction3Section 372Section 802

THE PRINCIPAL COMMISSIONER OF INCOME TAX vs. DHANALAXMI BANK LTD

ITA/59/2020HC Kerala04 Aug 2023

Bench: HONOURABLE DR. JUSTICE A.K.JAYASANKARAN NAMBIAR,HONOURABLE MR.JUSTICE MOHAMMED NIAS C.P.

For Appellant: M/S.DHANALAXMI BANK LTDFor Respondent: THE PRINCIPAL COMMISSIONER OF INCOME TAX
Section 143(3)Section 14ASection 36Section 36(1)(vii)

disallowing an amount of Rs.1,80,04,849/- under Section 14A of the Income Tax Act, the said order was set aside by the Principal Commissioner of Income Tax, Thrissur, by an order dated 18.12.2018 finding the assessment order as erroneous and prejudicial to the interests of the revenue. In the order of the Principal Commissioner, it was noticed that

THE COMMISSIONER OF INCOME TAX-I, COCHIN vs. APPOLLO TYRES LTD.

ITA/172/2013HC Kerala29 Jul 2021

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

Section 36(1)(vii)Section 36(2)Section 37Section 37(1)Section 43BSection 80

1 (2019) 419 ITR 100 I.T.A. No.172/2013 -5- The Assessing Officer treated the claim of Rs.28,67,407/- as capital loss and disallowed the claim. As regards advances given for acquisition of Revenue items amounting to Rs.2,32,93,575/- the Assessing Officer held that the claim is not allowable under Section

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)

67,52,748/-. 3. Whether, on the facts and in the circumstances of the case, the Tribunal is correct in law in allowing assessee bank's claim ofRs. 50,17,000/ as expenditure on account of payment of pension? 4. Whether, on the facts and circumstances of the case, the Tribunal is right in law in following the decision

M/S.APOLLO TYRES LTD. vs. THE DEPUTY COMMISSIONER OF INCOME TAX

ITA/26/2013HC Kerala29 Jul 2021

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

1 (2019) 419 ITR 100 I.T.A. No.26/2013 -14- findings of fact recorded, the question is answered in favour of the Revenue, against the assessee. 9. Substantial question no.3 relates to disallowance of part depreciation claimed by the assessee of Gurgaon building aggregating to Rs.25,27,505/- in relation to the let out portion to Appolo International Ltd. The assessee challenges

K.M. FATHIMA vs. COMMISSIONER OF INCOME TAX

ITA/53/2018HC Kerala11 Mar 2022

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE BASANT BALAJI

67 OF 2018 AGAINST THE ORDER IN ITA 425/2016 OF I.T.A.TRIBUNAL,COCHIN BENCH APPELLANT/S: K.M.FATHIMA 05_04_2022 at 8.30 p mAGED 54 YEARS SHELTER, JAYANTHI NAGAR, P.T. USHA ROAD, CALICUT. BY ADVS. HARISANKAR V. MENON; MEERA V.MENON RESPONDENT/S: COMMISSIONER OF INCOMETAX CENTRAL CIRCLE, KOCHI-682 013 OTHER PRESENT: SC JOSE JOSEPH THIS INCOME TAX APPEAL HAVING COME

K.M. FATHIMA, vs. COMMISSIONER OF INCOME TAX,

ITA/76/2018HC Kerala11 Mar 2022

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE BASANT BALAJI

67 OF 2018 AGAINST THE ORDER IN ITA 425/2016 OF I.T.A.TRIBUNAL,COCHIN BENCH APPELLANT/S: K.M.FATHIMA 05_04_2022 at 8.30 p mAGED 54 YEARS SHELTER, JAYANTHI NAGAR, P.T. USHA ROAD, CALICUT. BY ADVS. HARISANKAR V. MENON; MEERA V.MENON RESPONDENT/S: COMMISSIONER OF INCOMETAX CENTRAL CIRCLE, KOCHI-682 013 OTHER PRESENT: SC JOSE JOSEPH THIS INCOME TAX APPEAL HAVING COME