2020 (1) TMI 1728

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..../2019 (Arising out of ITA No. 112/Coch/2019) MA No. 137/Coch/2019 (Arising out of ITA No. 97/Coch/2019), MA No. 140/Coch/2019 (Arising out of ITA No. 93/Coch/2019) - -<br>Income Tax<br>Shri Chandra Poojari, AM & Shri George George K, JM For the Applicant : Sri.Mritunjaya Sharma, Sr.DR For the Respondent by : None &nbsp; ORDER Per George George K. (JM) These Miscellaneous Application....

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....essment orders completed, the assessees preferred appeal to the first appellate authority. The CIT(A) following the order of the Cochin Bench of the Tribunal in the case of Kizhathadiyoor Service Co-operative Bank Ltd. for assessment year 2009-2010 in ITA No.525/Coch/2014 (order dated 20.07.2016) decided the issue in favour of the assessee. The CIT(A) held that interest income earned on investment....

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....ct. 7. We have heard the rival submissions and perused the material on record. In these cases, the assessments were completed by treating the interest income received from investments made with Treasury and other banks as income from other sources, thereby denying the claim of deduction u/s 80P(2)(a)(i) of the I.T.Act. On further appeal, the CIT(A) following the order of the Cochin Bench of the....

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.... Mundakkayam Service Co-operative Bank Ltd. (ITA No.106/Coch/2016). (v) The Mangalam Service Co-operative Bank Ltd. v. ITO (ITA No.495/Coch/2017 - order dated 17.10.2017) (vi) M/s.Mutholy SCB Ltd. v. ITO [ITA No.11/Coch/2014 order dated 24.09.2014] (vii) The Azhikode Service Co-operative Bank Ltd. & Others (ITA No.261/Coch/2017 & others - order dated 12th July, 2017) ....