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4 results for “section 68”+ Section 260Aclear

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Key Topics

Section 80P(2)(a)6Section 2634Section 115B3Section 260A2Section 80P(2)2Section 80P(2)(d)2Section 682Business Income2Deduction2

BHIMA JEWELLERS vs. COMMISSIONER OF INCOME TAX,

ITA/15/2021HC Kerala25 Aug 2022

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

For Appellant: M/S BHIMA JEWELLERSFor Respondent: COMMISSIONER OF INCOME TAX
Section 115Section 115BSection 263Section 68Section 69Section 69ASection 69BSection 69CSection 69D

68 of the Income Tax Act (for short ‘the Act’). Therefore, it falls under one of the other heads under Section 14 of the Act. Once the deemed income becomes an income earned under one head or the other of Section 14, for the relevant assessment year, there was no prohibition from setting off business loss from

THE PRINCIPAL COMMISSIONER OF INCOME TAX vs. PEROORKADA SERVICE CO-OPERATIVE BANK LTD

Appeals are allowed as indicated above

ITA/5/2020HC Kerala01 Nov 2021

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

Section 260ASection 80P(2)Section 80P(2)(a)Section 80P(2)(d)

Section 260A of the Act against the order dated 17.05.2019 of the Income Tax Appellate ITA Nos.142 & 323/2019; 5/2020 -40- Tribunal (for short ‘Tribunal’), Cochin Bench, Cochin in ITA No. 67/Coch/2019. The subject matter of the appeal relates to the issues arising from the return filed by the assessee for the Assessment Year 2011-12. 13.1 The details

THE PRINCIPAL COMMISSIONER OF INCOME TAX, vs. VILAPPIL SERVICE CO-OPERATIVE BANK LTD.,

Appeals are allowed as indicated above

ITA/142/2019HC Kerala01 Nov 2021

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

Section 260ASection 80P(2)Section 80P(2)(a)Section 80P(2)(d)

Section 260A of the Act against the order dated 17.05.2019 of the Income Tax Appellate ITA Nos.142 & 323/2019; 5/2020 -40- Tribunal (for short ‘Tribunal’), Cochin Bench, Cochin in ITA No. 67/Coch/2019. The subject matter of the appeal relates to the issues arising from the return filed by the assessee for the Assessment Year 2011-12. 13.1 The details

AZAD RAHIM vs. THE INCOME TAX OFFICER

ITA/6/2020HC Kerala24 Nov 2021

Bench: This Court & Vide Judgment Dated 21.01.2004 This Court Confirmed The Order Of The Tribunal However, Granted Liberty To The Assessee To File Objections Before The

Section 15(2)

68 REPRESENTED BY ITS DIRECTOR BY ADVS. G.HARIKUMAR (GOPINATHAN NAIR) SHRI.AKHIL SURESH RESPONDENT/S: THE INCOME TAX OFFICER WARD-1, KOLLAM BY ADV SRI.CHRISTOPHER ABRAHAM, INCOME TAX DEPARTMENT THIS INCOME TAX APPEAL HAVING COME UP FOR ADMISSION ON 24.11.2021, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: ITA NO. 6 OF 2020 -2- JUDGMENT S.V.Bhatti,J. Azad Rahim