Commissioner of Income Tax -II vs. The Agrasen Coop. Urban Bank Ltd.,

In the result, for the above reasons, these appeals fail and

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

cash reserve or reserve fund required to be maintained by a scheduled bank or a cooperative bank under the provisions of the RBI Act or the BR Act as referred to herein above, are all the activities which are part of business of banking. The non-SLR and non-reserve fund is stock- in-trade for a cooperative bank

The Commissioner of Income Tax-II vs. The Andhra Bank Employees Co.Operative Bank Limited

In the result, for the above reasons, these appeals fail and

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

cash reserve or reserve fund required to be maintained by a scheduled bank or a cooperative bank under the provisions of the RBI Act or the BR Act as referred to herein above, are all the activities which are part of business of banking. The non-SLR and non-reserve fund is stock- in-trade for a cooperative bank

Commissioner of Income Tax-VI, vs. M/s. Madras Chakkar Beedi Factory Pvt.Ltd.,

The appeal is disposed of

reassessment made protectively under Section 147 for the assessment years 1996-97 and 1997-98 by holding them as infructuous without going into the merits of the case when the issues with reference to unexplained cash credits of Rs.50 Lakhs and Rs.65,10,000/- have been found to be unexplained? (ii) Whether the Tribunal was correct in 3 applying

M/S NMDC LIMITED vs. DEPUTY COMMISSIONER OF INCOME TAX

The appeal is allowed

Bench: T.VINOD KUMAR,M.S.RAMACHANDRA RAO

cash amount of Rs. 26,40,000/- with interest @ 14% payable thereon u/s 27 of the Hindu Marriage Act. 31. From paragraph 3 of the impugned judgment it is evident that despite summon and notices issued against the respondent/husband Siddarth Rao @ Rahul, he neither appeared in this case nor filed any written statement against the claim of the petitioner, thereafter

Smt.Sudia Indira vs. The Income Tax Officer

In the result, the appeal from order stand dismissed

Cash 28/11/2009 ­­ 50,000/­ 2 Dena   Bank,   Nana  Varachha   Road  15/12/2009 35691 50,000/­ Page 5 of 21 C/AO/442/2012 CAV JUDGEMNT Branch,   Surat.  395006 3 ­As above­ 15/12/2009 35682 1,00,000/­ 4 ­As above­ 15/12/2009 35693 1,00,000/­ 3,00,000/­ Aforesaid amount has been received by the Party of the  Second   Part  from the Party