Commissioner of Income Tax, vs. M/s. Kokivenkateswara Reddy AND others,

Appeals of the Revenue are dismissed

Bench: V.V.S.RAO,RAMESH RANGANATHAN

45,25,708 to the P&L account as brokerage and commission towards service rendered by brokers for sale of flats and leasing out commercial spaces/flats. 55. According to the AO, the amount so paid appeared to be extraordinary. The Assessee‟s plea was that the brokers were demanding higher amounts as they were not being compensated with income which

M/s.V.R.Farms Pvt Ltd vs. Deputy Commissioner of Income Tax

The appeals are dismissed

Bench: P.SAM KOSHY,SUDDALA CHALAPATHI RAO

TDS amount. It was further contended that by virtue of section 115JAA(4) the assessee is entitled to set off MAT credit at the stage at which the tax has become payable. Consequently, it was submitted, that the assessee is entitled to take into account the tax credit (MAT credit) available to it under section 115JAA when it computes

Commissioner of Income Tax [TDS] vs. Sri VAraha Laxmi Nrusimha Swamy DEvastanam

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

45 IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR.JUSTICE S.V.BHATTI & THE HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS TUESDAY, THE 13TH DAY OF JULY 2021 / 22ND ASHADHA, 1943 WA NO. 493 OF 2015 AGAINST THE JUDGMENT IN WPC 62/2015 OF HIGH COURT OF KERALA, ERNAKULAM APPELLANT/PETITIONER: THE DIRECTRESS GENERAL CARITAS SECULAR INSTITUTE, THELLAKOM P.O., KOTTAYAM

The Commissioner of Income Tax (Central) vs. Swapna Lahari Pvt Ltd.,

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

45 IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR.JUSTICE S.V.BHATTI & THE HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS TUESDAY, THE 13TH DAY OF JULY 2021 / 22ND ASHADHA, 1943 WA NO. 493 OF 2015 AGAINST THE JUDGMENT IN WPC 62/2015 OF HIGH COURT OF KERALA, ERNAKULAM APPELLANT/PETITIONER: THE DIRECTRESS GENERAL CARITAS SECULAR INSTITUTE, THELLAKOM P.O., KOTTAYAM

Commissioner of Income Tax-II vs. Smt G Sailaja

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

45 IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR.JUSTICE S.V.BHATTI & THE HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS TUESDAY, THE 13TH DAY OF JULY 2021 / 22ND ASHADHA, 1943 WA NO. 493 OF 2015 AGAINST THE JUDGMENT IN WPC 62/2015 OF HIGH COURT OF KERALA, ERNAKULAM APPELLANT/PETITIONER: THE DIRECTRESS GENERAL CARITAS SECULAR INSTITUTE, THELLAKOM P.O., KOTTAYAM

The Commissioner of Income Tax -1 vs. Harmahendar Singh Bagga

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

45 IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR.JUSTICE S.V.BHATTI & THE HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS TUESDAY, THE 13TH DAY OF JULY 2021 / 22ND ASHADHA, 1943 WA NO. 493 OF 2015 AGAINST THE JUDGMENT IN WPC 62/2015 OF HIGH COURT OF KERALA, ERNAKULAM APPELLANT/PETITIONER: THE DIRECTRESS GENERAL CARITAS SECULAR INSTITUTE, THELLAKOM P.O., KOTTAYAM

Commissioner of Income TAx-II, Hyderabad vs. M/s. Sri Balaji Bio MAss Power Pvt. Ltd.,

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

45 IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR.JUSTICE S.V.BHATTI & THE HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS TUESDAY, THE 13TH DAY OF JULY 2021 / 22ND ASHADHA, 1943 WA NO. 493 OF 2015 AGAINST THE JUDGMENT IN WPC 62/2015 OF HIGH COURT OF KERALA, ERNAKULAM APPELLANT/PETITIONER: THE DIRECTRESS GENERAL CARITAS SECULAR INSTITUTE, THELLAKOM P.O., KOTTAYAM

Commissioner of Income Tax-II, vs. The Sirpur Paper Mills Ltd.,

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

45 IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR.JUSTICE S.V.BHATTI & THE HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS TUESDAY, THE 13TH DAY OF JULY 2021 / 22ND ASHADHA, 1943 WA NO. 493 OF 2015 AGAINST THE JUDGMENT IN WPC 62/2015 OF HIGH COURT OF KERALA, ERNAKULAM APPELLANT/PETITIONER: THE DIRECTRESS GENERAL CARITAS SECULAR INSTITUTE, THELLAKOM P.O., KOTTAYAM

M/S.P.SATYANARAYANA AND SONS vs. INCOME TAX OFFICER, WARD 1[9], HYDERABAD

Appeals are allowed

Bench: P.SAM KOSHY,NARSING RAO NANDIKONDA

TDS at 20% under Section 195(1) of the Act and also paid the same to Government account. However, according to the assessee, since it is a cost sharing agreement and payments were made by the assesee for reimbursement of cost/expenses, no 16 income is embedded therein. Therefore, the assessee is not liable to deduct tax under Section

The Commissioner of Income Tax-IV vs. M/s.OCV Reinforcement Manufacturing Limited

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

45,349/_. tzotqe) 11;r,iz DT.CSL, J Cfr?.No.271 of 20 ts The entire amount was de posited by the insurance company deducting Rs.19,618/- towards TDS paid by the Insurance Company to income Tax department on the compensation amount. In case the claimants are interested in spreading over the interest during several financial years, it is for them

The Commissioner of Income Tax - IV vs. National Mineral Development Corporation Ltd.,

The appeal is dismissed

45-D, Chandigarh .....Respondent CORAM: HON'BLE MR. JUSTICE G.S. SANDHAWALIA HON'BLE MS. JUSTICE LAPITA BANERJI Present: Ms. Pridhi Jaswinder Sandhu, Jr. Standing Counsel for the appellant. Mr. Deepak Aggarwal, Advocate for the respondent. **** G.S.SANDHAWALIA, J.(Oral) [1]. The present appeal under Section 260-A of the Income Tax Act, 1961 (for short 'the Act') is directed against

Commissioner of Income Tax, vs. M/s Polisetty Somasundaram,

45,57,286/- was made as the assessee failed to prove the identity, creditworthiness of the parties from whom the alleged loans were declared. (4) No evidence was furnished to prove the genuineness of advances of Rs.10,66,96,566/- from customers, as such out of the said amount, an amount of Rs.2,00,00,000/- was added

The Commissioner of Income Tax -III vs. Sri T.C. Reddy

The appeal stands dismissed

45,000/-. Penalty proceedings u/s 271(1)(c) r.w 274 of the Income-tax Act for concealment and furnishing of inaccurate particulars are initiated separately. (ii) The assessee has also claimed capital expenditure of Rs. 168600/- as a revenue expenditure. The capital expenditure pertains to fees paid to Registrar of Companies for increasing the authorized capital of the company. This