ANIL BHAGWAN ADVANI,MUMBAI vs. ITO (IT) 1(1), MUMBAI

In the result, appeal of the assessee is allowed

Bench: Shri Amit Shukla & Shri Gagan Goyal

Capital Gain" in terms of Section 45(5)(b) of the IT Act r.w.s 48 of the IT Act. The balance interest paid to the appellant for any delay in payment of the compensation, from the date of acquisition of the property in pursuance to High Court/Supreme Court order, the same should be taxed under the head "Income from Other

LEILA ADVANI,MUMBAI vs. ACIT - 16(2), MUMBAI

In the result, appeal of the revenue is dismissed

iv) in the case of income of the nature referred to in clause (viii) of subsection (2) of section 56, a deduction of a sum equal to fifty per cent of such of income and no deduction shall be allowed under any other clause of this Method of accounting certain cases. 145A. notwithstanding anything to the contrary contained in section

PAHILAJRAI JAIKISHAN,MUMBAI vs. DCIT 19(3), MUMBAI

In the result, the appeal is allowed

Bench: Shri Shailendra Kumar Yadav & Shri Ramit Kocharआयकर अपील सं./I.T.A. No.1562/Mum/2014 ("नधा"रण वष" / Assessment Year: 2010-11)

3, 4, 6, 11, 16, 35, 36, 39, 40, 41, 49, 62 to 69, 83, 84, 86 and 88] Modification of the provisions regarding deduction of tax at source 49. Under the provisions of section 194A of the Income-tax Act, deduction of income-tax at source is to be made from interest in respect of time deposits with banks

ASST CIT 19(3), MUMBAI vs. PAHILAJRAI JAIKISHIN, MUMBAI

In the result, the appeal is allowed

Bench: Shri Shailendra Kumar Yadav & Shri Ramit Kocharआयकर अपील सं./I.T.A. No.1562/Mum/2014 ("नधा"रण वष" / Assessment Year: 2010-11)

3, 4, 6, 11, 16, 35, 36, 39, 40, 41, 49, 62 to 69, 83, 84, 86 and 88] Modification of the provisions regarding deduction of tax at source 49. Under the provisions of section 194A of the Income-tax Act, deduction of income-tax at source is to be made from interest in respect of time deposits with banks

CENTRAL BANK OF INDIA,MUMBAI vs. ACIT - 2(1)(2), MUMBAI

gain. The expression \"capital asset\" is defined in\nsection 2 (14) to mean \"property of any kind held by an assessee\".\nIt is of the widest amplitude, and apparently covers all kinds of\nproperty except the property expressly excluded by clauses (i) to\n(iv)of the sub-section which, it will be seen, does not include good\nwill

UNION BANK OF INDIA,MUMBAI vs. DCIT LTU (2), MUMBAI

gain. The expression \"capital asset\" is defined in\nsection 2 (14) to mean \"property of any kind held by an assessee\".\nIt is of the widest amplitude, and apparently covers all kinds of\nproperty except the property expressly excluded by clauses (i) to\n(iv)of the sub-section which, it will be seen, does not include good\nwill

ABHYUDAYA CO OPERATIVE BANK LTD . CBD BELAPUR BRANCH,MUMBAI vs. INCOME TAX OFFICER (TDS) WARD 1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

iv) to such income credited or paid by a firm to a partner of the firm;] (v) to such income credited or 98[paid by a co-operative society (other than a co- operative bank) to a member thereof or to such income credited or paid by a co-operative society] to any other co-operative society.] 99[Explanation

ABHYUDAYA CO OPERATIVE BANK LTD . VIKHROLI EAST BRANCH,MUMBAI vs. INCOMETAX OFFICER (TDS) WARD1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

iv) to such income credited or paid by a firm to a partner of the firm;] (v) to such income credited or 98[paid by a co-operative society (other than a co- operative bank) to a member thereof or to such income credited or paid by a co-operative society] to any other co-operative society.] 99[Explanation

ABHYUDAYA CO OPERATIVE BANK LTD ANTOP HILL BRANCH, ,MUMBAI vs. INCOME TAX OFFICER (TDS)WARD 1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

iv) to such income credited or paid by a firm to a partner of the firm;] (v) to such income credited or 98[paid by a co-operative society (other than a co- operative bank) to a member thereof or to such income credited or paid by a co-operative society] to any other co-operative society.] 99[Explanation

ABHYUDAYA CO-OPERATIVE BANK LTD DIVALE CBD BRANCH,MUMBAI vs. ITO (TDS) WARD 1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

iv) to such income credited or paid by a firm to a partner of the firm;] (v) to such income credited or 98[paid by a co-operative society (other than a co- operative bank) to a member thereof or to such income credited or paid by a co-operative society] to any other co-operative society.] 99[Explanation

ABHYUDAYA CO OPERATIVE BANK LTD . VIKHROLI WEST BRANCH,MUMBAI vs. INCOME TAX OFFICER TDS WARD 1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

iv) to such income credited or paid by a firm to a partner of the firm;] (v) to such income credited or 98[paid by a co-operative society (other than a co- operative bank) to a member thereof or to such income credited or paid by a co-operative society] to any other co-operative society.] 99[Explanation

ABHYUDAYA CO-OPERATIVE BANK LTD WORLI BRANCH,MUMBAI vs. ITO TDS, WARD 1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

iv) to such income credited or paid by a firm to a partner of the firm;] (v) to such income credited or 98[paid by a co-operative society (other than a co- operative bank) to a member thereof or to such income credited or paid by a co-operative society] to any other co-operative society.] 99[Explanation

ABHYUDAYA CO OPERATIVE BANK LTD. KHERNAGAR BRANCH,MUMBAI vs. INCOME TAX OFFICER (TDS)WARD 1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

iv) to such income credited or paid by a firm to a partner of the firm;] (v) to such income credited or 98[paid by a co-operative society (other than a co- operative bank) to a member thereof or to such income credited or paid by a co-operative society] to any other co-operative society.] 99[Explanation

ABHYUDAYA CO OPERATIVE BANK LTD . KURLA WEST BRANCH, ,MUMBAI vs. INCOME TAX OFFICER (TDS) WARD 1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

iv) to such income credited or paid by a firm to a partner of the firm;] (v) to such income credited or 98[paid by a co-operative society (other than a co- operative bank) to a member thereof or to such income credited or paid by a co-operative society] to any other co-operative society.] 99[Explanation

ABHYUDAYA CO OPERATIVE BANK LTD . KANJUR BRANCH ,MUMBAI vs. INCOME TAX OFFICER (TDS) WARD 1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

iv) to such income credited or paid by a firm to a partner of the firm;] (v) to such income credited or 98[paid by a co-operative society (other than a co- operative bank) to a member thereof or to such income credited or paid by a co-operative society] to any other co-operative society.] 99[Explanation

ABHYUDAYA CO-OPERATIVE BANK LTD NEHRU NAGAR BRANCH,MUMBAI vs. ITO (TDS)-WARD 1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

iv) to such income credited or paid by a firm to a partner of the firm;] (v) to such income credited or 98[paid by a co-operative society (other than a co- operative bank) to a member thereof or to such income credited or paid by a co-operative society] to any other co-operative society.] 99[Explanation

ABHYUDAYA CO OPERATIVE BANK LTD. ABHYUDAYA NAGAR BRANCH,,MUMBAI vs. INCOME TAX OFFICER (TDS)WARD1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

iv) to such income credited or paid by a firm to a partner of the firm;] (v) to such income credited or 98[paid by a co-operative society (other than a co- operative bank) to a member thereof or to such income credited or paid by a co-operative society] to any other co-operative society.] 99[Explanation

ABHYUDAYA CO OPERATIVE BANK LTD TURBHE BRANCH,MUMBAI vs. INCOME TAX OFFICER TDS WARD 1(1)(1), MUMBAI

In the result, all the 20 appeals of the assessee are allowed

Bench: Shri Amit Shukla & Shri Girish Agrawal

iv) to such income credited or paid by a firm to a partner of the firm;] (v) to such income credited or 98[paid by a co-operative society (other than a co- operative bank) to a member thereof or to such income credited or paid by a co-operative society] to any other co-operative society.] 99[Explanation