DCIT, CIRCLE - 3(1), , VISAKHAPATNAM vs. NORD ANGLIA EDUCATION INFRASTRUCTURE PRIVATE LIMITED, VISAKHAPATNAM

119 of the Act that Rule 8D read with section 14A of the Act\nprovides for disallowance of the expenditure even where taxpayer in a\nparticular year has not earned any exempt income.\nGround 5. The appellant craves leave to add or delete or amend or\nsubstitute any ground of appeal before and/or at the time of hearing of\nappeal

INCOMETAX OFFICER, WARD-3(1), VISAKHAPATNAM vs. SURENDRA NATH GUBBALA, VISAKHAPATNAM

Bench: Us:

2 to section section 263 of the Act,1961. XX XXX XX 10. Having heard learned advocates for the respective parties and considering the impugned order as well as the facts and the findings arrived at by the Tribunal, it is clear the Apex Court in the case of V.S.M.R. Jagdadishchandran (supra) has dismissed the appeal in the facts

THE ELURU COOPERATIVE HOUSE MORTGAGE SOCIETY LTD.,,ELURU vs. INCOME-TAX OFFICER, WARD - 1,, ELURU

section 21 of\nthe A.P. Cooperative Societies Act, 1964. I further find that the appellant\nhas distributed the surplus to only 177 members and not to the remaining\nmembers of the society. Thus, It is very clear that the society is not covered\nby the principle of mutuality. Therefore, I hold that the Ld AO is correct in\ndenying

THE ELURU COOPERATIVE HOUSE MORTGAGE SOCIETY LIMITED,ELURU vs. INCOME-TAX OFFICER, WARD - 1,, ELURU

house property.\n•\nLoans are granted against the mortgage of the property in favour of\nthe Society.\n•\nThese members are entitled to receive dividends and also have\nvoting rights in the Society.\n(b) \"B\" Class Members\n•\nAdmission to this category requires payment of a membership fee of\nRs. 10/-.\nPage No. 7\n•\nUpon payment