Finastra Software Solutions (India) (P.) Ltd. v. ACIT

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(1),, BENGALURU vs. ANALOG DEVICES INDIA PRIVATE LIMITED, BENGALURU

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

…IN THE INCOME TAX APPELLATE TRIBUNAL 'C' BENCH, BANGALORE BEFORE SHRI WASEEM AHMED, ACCOUNTANT MEMBER AND SHRI KESHAV DUBEY, JUDICIAL MEMBER ITA No.2074/Bang/2024 Assessment Year: 2011-12 The Dy. Commissioner of Income Tax, Circle – 1(1)(1), Bangalore. APPELLANT Vs. Analog Devices India Pvt. Ltd., Salarpuria Nova, No.1, Varthur Road, Nagavarpalya, Old Madras Road, C.V Raman Nagar, Bangalore - 560 093. PAN - AABCA 1873 F RESPONDENT CO No.25/Bang/2025 Assessment Year: 2011-12 Analog Devices India Pvt. Ltd., Salarpuria Nova, No.1, Varthur Road, Nagavarpalya, Old Madras Road, C.V Raman Nagar, Bangalore - 560 093.…

ACIT, CIRCLE-1(1)(1), BANGALORE, BANGALORE vs. ACUITY KNOWLEDGE CENTRE (INDIA) PVT. LTD., BANGALORE

In the result, the appeal filed by the revenue is dismissed

Bench: Shri Waseem Ahmed & Shri Soundararajan K.Assessment Year : 2011-12

…IN THE INCOME TAX APPELLATE TRIBUNAL ‘B’ BENCH : BANGALORE BEFORE SHRI WASEEM AHMED, ACCOUNTANT MEMBER AND SHRI SOUNDARARAJAN K., JUDICIAL MEMBER Assessment Year : 2011-12 M/s. Acuity Knowledge Centre (India) Pvt. Ltd., The Assistant 7th Floor, Commissioner of Income Elixir Chancery Building, Tax, Municipal Door No. Circle – 1 (1)(1), 135/1-2, Bangalore. Residency Road, Vs. Bangalore – 560 025. PAN: AAECA9391H APPELLANT RESPONDENT : Ms. Tanmayee Rajkumar, Assessee by Advocate Revenue by : Shri Parithivel .V, JCIT-DR Date of Hearing : 05-03-2025 Date of Pronouncement : 03-06-2025 ORDER PER SOUNDARARAJAN K., JU…

NOVELL SOFTWARE DEVELOPMENT (INDIA) PRIVATE LIMITED,BANGALORE vs. ITO, BANGALORE

In the result, appeal filed by assessee stands allowed and appeal filed by the revenue stands dismissed

Bench: Shri. Chandra Poojari & Smt. Beena Pillaiit(Tp)A No. 280/Bang/2016 Assessment Year : 2011-12 M/S. Micro Focus Software India Pvt. Ltd. (Earlier Known As Novell Software Development The Income Tax (India) Pvt. Ltd.), Officer, Bagmane Tech Park ‘D’ Ward – 4 (1)(3), Block, Bangalore. ‘Laurel’ 65/2, Vs. C V Raman Nagar, Byrasandra, Bangalore – 560 093. Pan: Aaacn6992K Appellant Respondent & It(Tp)A No. 319/Bang/2016 Assessment Year : 2011-12 (By Assessee) : Smt. Tanmayee Rajkumar, Assessee By Advocate : Dr. Manjunath Karkihalli, Cit Revenue By (Dr) Date Of Hearing : 03-03-2022 Date Of Pronouncement : 29-04-2022 Order Per Beena Pillaipresent Cross Appeals Has Been Filed By Revenue As Well As Assessee Against Order Dated 29.12.2015 Passed By Ld.Ito Ward 5(1)(1)

…IN THE INCOME TAX APPELLATE TRIBUNAL ‘B’ BENCH : BANGALORE BEFORE SHRI. CHANDRA POOJARI, ACCOUNTANT MEMBER AND SMT. BEENA PILLAI, JUDICIAL MEMBER IT(TP)A No. 280/Bang/2016 Assessment Year : 2011-12 M/s. Micro Focus Software India Pvt. Ltd. (earlier known as Novell Software Development The Income Tax (India) Pvt. Ltd.), Officer, Bagmane Tech Park ‘D’ Ward – 4 (1)(3), Block, Bangalore. ‘LAUREL’ 65/2, Vs. C V Raman Nagar, Byrasandra, Bangalore – 560 093. PAN: AAACN6992K APPELLANT RESPONDENT & IT(TP)A No. 319/Bang/2016 Assessment Year : 2011-12 (By Assessee) : Smt. Tanmayee Rajkumar, Assessee by Advocate : Dr. Manjun…

ITO WARD - 5(1)(1), BANGALORE vs. M/S NOVELL SOFTWARE DEVELOPMENT (INDIA) PVT. LTD.,, BANGALORE

In the result, appeal filed by assessee stands allowed and appeal filed by the revenue stands dismissed

Bench: Shri. Chandra Poojari & Smt. Beena Pillaiit(Tp)A No. 280/Bang/2016 Assessment Year : 2011-12 M/S. Micro Focus Software India Pvt. Ltd. (Earlier Known As Novell Software Development The Income Tax (India) Pvt. Ltd.), Officer, Bagmane Tech Park ‘D’ Ward – 4 (1)(3), Block, Bangalore. ‘Laurel’ 65/2, Vs. C V Raman Nagar, Byrasandra, Bangalore – 560 093. Pan: Aaacn6992K Appellant Respondent & It(Tp)A No. 319/Bang/2016 Assessment Year : 2011-12 (By Assessee) : Smt. Tanmayee Rajkumar, Assessee By Advocate : Dr. Manjunath Karkihalli, Cit Revenue By (Dr) Date Of Hearing : 03-03-2022 Date Of Pronouncement : 29-04-2022 Order Per Beena Pillaipresent Cross Appeals Has Been Filed By Revenue As Well As Assessee Against Order Dated 29.12.2015 Passed By Ld.Ito Ward 5(1)(1)

…IN THE INCOME TAX APPELLATE TRIBUNAL ‘B’ BENCH : BANGALORE BEFORE SHRI. CHANDRA POOJARI, ACCOUNTANT MEMBER AND SMT. BEENA PILLAI, JUDICIAL MEMBER IT(TP)A No. 280/Bang/2016 Assessment Year : 2011-12 M/s. Micro Focus Software India Pvt. Ltd. (earlier known as Novell Software Development The Income Tax (India) Pvt. Ltd.), Officer, Bagmane Tech Park ‘D’ Ward – 4 (1)(3), Block, Bangalore. ‘LAUREL’ 65/2, Vs. C V Raman Nagar, Byrasandra, Bangalore – 560 093. PAN: AAACN6992K APPELLANT RESPONDENT & IT(TP)A No. 319/Bang/2016 Assessment Year : 2011-12 (By Assessee) : Smt. Tanmayee Rajkumar, Assessee by Advocate : Dr. Manjun…

HARMAN CONNECTED SERVICES CORPORATION INDIA PRIVATE LIMITED (FORMERLY KNOWN AS M/S CORE OBJECTS INDIA PRIVATE LIMITED,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3(1)(2), BANGALORE

In the result, appeal of the assessee is treated as partly allowed

Bench: Shri N. V. Vasudevan & Shri B. R. Baskaran

…IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH : BANGALORE BEFORE SHRI N. V. VASUDEVAN, VICE PRESIDENT AND SHRI B. R. BASKARAN, ACCOUNTANT MEMBER IT(TP)A No. and Appellant Respondent Assessment Year 682/Bang/2016 M/s. Harman Connected Services Deputy Commissioner of 2011-12 Corporation India Private Limited, Income Tax, (formerly known as Core Objects India Circle - 3(1)(2), Private Limited), Bengaluru. Plot No.3 and 3A, EOIZ Industrial Area, Sy. No.85 and 86, Sadaramangala Village, Krishnarajapuram Hobli, Bengaluru – 560 066. PAN: AACCC 2040 B 632/Bang/2016 Deputy Commissioner of M/s. Core Objects India Pri…

ARCTERN CONSULTING PRIVATE LIMITED,BANGALORE vs. ASST.C.I.T., BANGALORE

In the result, the appeal filed by the assessee is partly allowed

Bench: Shri George George K, Jm & Shri B.R.Baskaran, Am It(Tp)A No.279/Bang/2016 : Asst.Year 2011-2012 M/S.Arctern Consulting Private The Asst.Commissioner Of Limited, 49/8, 2Nd Floor, 60 Feet Income-Tax, Circle 1(1)(1) V. Bangalore. Road, Near Jyothi Nivas College, Koranmangala Industrial Layout Bangalore. Pan : Aaeca9113F. (Appellant) (Respondent) Appellant By : Smt.Tanmayee Rajkumar, Advocate Respondent By : Sri.Sumer Singh Meena, Cit(Osd)-Dr Date Of Pronouncement : 28.10.2021 Date Of Hearing : 27.10.2021 O R D E R Per George George K, Jm This Appeal At The Instance Of The Assessee Is Directed Against Final Assessment Order Dated 17.12.2015 Passed U/S 143(3) R.W.S. 144C Of The I.T.Act. The Relevant Assessment Year Is 2011-2012. 2. The Brief Facts Of The Case Are As Follows: The Assessee Is A Company Engaged In Providing Contract Software Development (Swd) Services & Information Technology Enabled (Ite) Services To Its Associate Enterprises (Aes). For The Assessment Year 2011-2012, The Assessee Had Filed Return Of Income On 30.11.2011 Declaring Loss Of Rs.92,43,787. Later, Revised Return On 08.02.2012 Declaring Loss Of Rs.44,54,773. The Assessment Was Selected For Scrutiny By Issuance Of Notice U/S 143(2) Of The I.T.Act.

…IN THE INCOME TAX APPELLATE TRIBUNAL BANGALORE BENCHES “A”, BANGALORE Before Shri George George K, JM and Shri B.R.Baskaran, AM IT(TP)A No.279/Bang/2016 : Asst.Year 2011-2012 M/s.Arctern Consulting Private The Asst.Commissioner of Limited, 49/8, 2nd Floor, 60 Feet Income-tax, Circle 1(1)(1) v. Bangalore. Road, Near Jyothi Nivas College, Koranmangala Industrial Layout Bangalore. PAN : AAECA9113F. (Appellant) (Respondent) Appellant by : Smt.Tanmayee Rajkumar, Advocate Respondent by : Sri.Sumer Singh Meena, CIT(OSD)-DR Date of Pronouncement : 28.10.2021 Date of Hearing : 27.10.2021 O R D E R Per George George K, J…

DCIT, BANGALORE vs. M/S LAM RESEARCH (INDIA) PVT. LTD.,, BANGALORE

In the result appeal by the Assessee is partly allowed and the appeal by the Revenue is dismissed

Bench: Shri N.V. Vasudevan & Shri Chandra Poojari

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH : BANGALORE BEFORE SHRI N.V. VASUDEVAN, VICE PRESIDENT AND SHRI CHANDRA POOJARI ACCOUNTANT MEMBER IT(TP)A Nos. & Assessment Appellant Respondent Years 405/Bang/2016 M/s. Lam Research India Pvt. Ltd., DCIT, 2011-12 A-Block-11/1 and 12/1, Amrajyothi Circle – 4(1)(1), Layout Intermediate Ring Road, Bengaluru. Bengaluru – 560 071. PAN : AABCN 2063 Q 468/Bang/2016 DCIT, M/s. Lam Research India 2011-12 Circle – 4(1)(1), Pvt. Ltd., Bengaluru. Bengaluru – 560 071. PAN : AABCN 2063 Q Appellant by : Shri. Darpan Kirpalani, Advocate Respondent by : Ms. Neera Malhotra, CIT(DR…

LAM RESEARCH (INDIA) PRIVATE LIMITED,BANGALORE vs. DCIT, BANGALORE

In the result appeal by the Assessee is partly allowed and the appeal by the Revenue is dismissed

Bench: Shri N.V. Vasudevan & Shri Chandra Poojari

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH : BANGALORE BEFORE SHRI N.V. VASUDEVAN, VICE PRESIDENT AND SHRI CHANDRA POOJARI ACCOUNTANT MEMBER IT(TP)A Nos. & Assessment Appellant Respondent Years 405/Bang/2016 M/s. Lam Research India Pvt. Ltd., DCIT, 2011-12 A-Block-11/1 and 12/1, Amrajyothi Circle – 4(1)(1), Layout Intermediate Ring Road, Bengaluru. Bengaluru – 560 071. PAN : AABCN 2063 Q 468/Bang/2016 DCIT, M/s. Lam Research India 2011-12 Circle – 4(1)(1), Pvt. Ltd., Bengaluru. Bengaluru – 560 071. PAN : AABCN 2063 Q Appellant by : Shri. Darpan Kirpalani, Advocate Respondent by : Ms. Neera Malhotra, CIT(DR…

GLOBAL E-BUSINESS OPERATIONS PRIVATE LIMITED ,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-3(1)(2), BANGALORE

In the result, the appeal of the assessee is treated as allowed

Bench: Shri George George K. & Shri B.R. Baskaranit(Tp)A No.725/Bang/2017 Assessment Year: 2012-13

…IT(TP)A No.725/Bang/2017 Global e-Business Operations Pvt. Ltd., Bangalore IN THE INCOME TAX APPELLATE TRIBUNAL “A’’ BENCH: BANGALORE BEFORE SHRI GEORGE GEORGE K., JUDICIAL MEMBER AND SHRI B.R. BASKARAN, ACCOUNTANT MEMBER IT(TP)A No.725/Bang/2017 Assessment Year: 2012-13 M/s. Global E-Business Operations Pvt. Ltd. 2nd Floor Kalyani Platina, Phase-II ACIT Building Survey Number 16 & 24 Circle-3(1)(2) of Kundanahalli Village Vs. Bangalore K.R. Puram, Hobli Bangalore-560 066 PAN NO : AABCG2843D APPELLANT RESPONDENT Appellant by : Shri Sarath Rao, A.R. Respondent by : Shri Sanjay Kumar, D.R. Date of Hearing…

ASPECT TECHNOLOGY CENTER (INDIA) PRIVATE LIMITED,BANGALORE vs. ITO, BANGALORE

In the result appeal by the Assessee and the appeal by the Revenue are partly allowed, to the extent indicated in this order

Bench: Shri N.V. Vasudevan & Shri B R Baskaran

…IN THE INCOME TAX APPELLATE TRIBUNAL “C” BENCH : BANGALORE BEFORE SHRI N.V. VASUDEVAN, VICE PRESIDENT AND SHRI B R BASKARAN, ACCOUNTANT MEMBER IT(TP)A No.187/Bang/2016 Assessment year: 2011-12 Aspect Technology Center (India) Vs. The Income Tax Officer, Private Limited, Ward 1(1)(2), Embassy Star, 2nd Floor, No.8, Bangalore. Palace Road, Vasanthnagar, Bangalore – 560 052. PAN: AACCC 3490K APPELLANT RESPONDENT IT(TP)A No.175/Bang/2016 Assessment year: 2011-12 The Income Tax Officer, Vs. Aspect Technology Center (India) Ward 1(1)(2), Private Limited, Bangalore. Bangalore – 560 052. PAN: AACCC 3490K APPELLANT RE…

ITO, BANGALORE vs. M/S ASPECT TECHNOLOGY CENTRE INDIA PVT. LTD.,, BANGALORE

In the result appeal by the Assessee and the appeal by the Revenue are partly allowed, to the extent indicated in this order

Bench: Shri N.V. Vasudevan & Shri B R Baskaran

…IN THE INCOME TAX APPELLATE TRIBUNAL “C” BENCH : BANGALORE BEFORE SHRI N.V. VASUDEVAN, VICE PRESIDENT AND SHRI B R BASKARAN, ACCOUNTANT MEMBER IT(TP)A No.187/Bang/2016 Assessment year: 2011-12 Aspect Technology Center (India) Vs. The Income Tax Officer, Private Limited, Ward 1(1)(2), Embassy Star, 2nd Floor, No.8, Bangalore. Palace Road, Vasanthnagar, Bangalore – 560 052. PAN: AACCC 3490K APPELLANT RESPONDENT IT(TP)A No.175/Bang/2016 Assessment year: 2011-12 The Income Tax Officer, Vs. Aspect Technology Center (India) Ward 1(1)(2), Private Limited, Bangalore. Bangalore – 560 052. PAN: AACCC 3490K APPELLANT RE…

DCIT, BANGALORE vs. M/S LOGICA PVT. LTD.,, BANGALORE

In the result appeal and cross objection filed by assessee stands allowed as indicated hereinabove

Bench: Shri B.R.Baskaran, Am & Smt.Beena Pillai, Jm

…eld to be not a good comparable in case of ACIT vs AT& T Global Business Services India (P) Ltd reported in (2019) 101 Taxmann.com 10. However in all fairness she submitted that in case of Finestra software solutions (India) Pvt Ltd vs ACIT reported in (2018) 93 Taxmann.com 460 wherein these comparables have been set aside. She therefore submitted that these comparables may be set aside to Ld.AO/TPO for due verification. CO No.146/B/2016 A.Y:2011-12 We have perused submissions advanced by both sides in light of records placed before us. It is observed that in case of Finestra software solutions (India) Pvt Ltd vs…

ARCTERN CONSULTING PRIVATE LIMITED,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, BANGALORE

In the result, appeal of the assessee is partly allowed

Bench: Shri N. V. Vasudevan & Shri B. R. Baskaranit(Tp)A No.352/Bang/2017 Assessment Year : 2012-13 M/S. Arctern Consulting Pvt. Ltd., Vs. Deputy Commissioner Of Embassy Tech Village, Income-Tax, Tower 2B Hibiscus, 5Th Floor, Circle – 1(1)(2), Deverabeesanahalli, Bengaluru. Bengaluru – 560 037. Pan : Aaeca 9113 F Appellant Respondent Assessee By : Shri. T. Suryanarayana, Advocate Revenue By : Shri. Pradeep Kumar, Cit-Dr(Itat)(Bengaluru) Date Of Hearing : 09.10.2019 Date Of Pronouncement : 15.10.2019 O R D E R

…IN THE INCOME TAX APPELLATE TRIBUNAL “C” BENCH : BANGALORE BEFORE SHRI N. V. VASUDEVAN, VICE PRESIDENT AND SHRI B. R. BASKARAN, ACCOUNTANT MEMBER IT(TP)A No.352/Bang/2017 Assessment year : 2012-13 M/s. Arctern Consulting Pvt. Ltd., Vs. Deputy Commissioner of Embassy Tech Village, Income-tax, Tower 2B Hibiscus, 5th Floor, Circle – 1(1)(2), Deverabeesanahalli, Bengaluru. Bengaluru – 560 037. PAN : AAECA 9113 F APPELLANT RESPONDENT Assessee by : Shri. T. Suryanarayana, Advocate Revenue by : Shri. Pradeep Kumar, CIT-DR(ITAT)(Bengaluru) Date of hearing : 09.10.2019 Date of Pronouncement : 15.10.2019 O R D E R Per N.…