Oriental Bank of Commerce v. ACIT

93 Taxmann.com 432High Court2018#11076 most cited
10

judgments rely on this decision, according to BharatTax’s citation analysis of 292,668 Indian tax judgments — from 2015 to 2024.

Sections most often in play

Section 143(3)Section 14ASection 1988Section 250(4)Section 36(2)Section 37(1)Section 80JJAASection 2(21) of Motor Vehicle Act

Judgments citing Oriental Bank of Commerce v. ACIT

M/S. INTERNATIONAL TRACTORS LTD.,NEW DELHI vs. DCIT(LTU), NEW DELHI

The appeal of the assessee is allowed and appeal of the revenue is dismissed

ITA 3811/DEL/2014[2009-10]Status: DisposedITAT Delhi05 Mar 2024AY 2009-10

Bench: Shri Saktijit Dey & Shri M. Balaganeshinternational Tractors Ltd, Vs. Dcit (Ltu), Sonalika House, 282, Nbcc Plaza, Pushp Agcr Enclave, Vihar, Sector-Iii, Karkardooma, Delhi- New Delhi 110092 (Appellant) (Respondent) Pan: Aaaci2270H Dcit (Ltu) International Tractors Ltd, New Delhi Sonalika House, 282, Agcr Enclave, Karkardooma, Delhi-110092 (Appellant) (Respondent) Pan: Aaaci2270H

For Appellant: Shri Mukesh Bhutani, AdvFor Respondent: Shri Anuj Garg, Sr. DR
Section 143(3)Section 14ASection 80J

…INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “G”: NEW DELHI BEFORE SHRI SAKTIJIT DEY, VICE PRESIDENT AND SHRI M. BALAGANESH, ACCOUNTANT MEMBER International Tractors Ltd, Vs. DCIT (LTU), Sonalika House, 282, NBCC Plaza, Pushp AGCR Enclave, Vihar, Sector-III, Karkardooma, Delhi- New Delhi 110092 (Appellant) (Respondent) PAN: AAACI2270H DCIT (LTU) International Tractors Ltd, New Delhi Sonalika House, 282, AGCR Enclave, Karkardooma, Delhi-110092 (Appellant) (Respondent) PAN: AAACI2270H Assessee by : Shri Mukesh Bhutani, Adv Ms. Nikky Jhamtani, CA Shri Saurabh Nandi, Adv Shri Siddarth Agarwal, Adv Revenue by: Shri Anuj…

DCIT(LTU), NEW DELHI vs. M/S. INTERNATIONAL TRACTORS LTD., NEW DELHI

The appeal of the assessee is allowed and appeal of the revenue is dismissed

ITA 3663/DEL/2014[2009-10]Status: DisposedITAT Delhi05 Mar 2024AY 2009-10

Bench: Shri Saktijit Dey & Shri M. Balaganeshinternational Tractors Ltd, Vs. Dcit (Ltu), Sonalika House, 282, Nbcc Plaza, Pushp Agcr Enclave, Vihar, Sector-Iii, Karkardooma, Delhi- New Delhi 110092 (Appellant) (Respondent) Pan: Aaaci2270H Dcit (Ltu) International Tractors Ltd, New Delhi Sonalika House, 282, Agcr Enclave, Karkardooma, Delhi-110092 (Appellant) (Respondent) Pan: Aaaci2270H

For Appellant: Shri Mukesh Bhutani, AdvFor Respondent: Shri Anuj Garg, Sr. DR
Section 143(3)Section 14ASection 80J

…INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “G”: NEW DELHI BEFORE SHRI SAKTIJIT DEY, VICE PRESIDENT AND SHRI M. BALAGANESH, ACCOUNTANT MEMBER International Tractors Ltd, Vs. DCIT (LTU), Sonalika House, 282, NBCC Plaza, Pushp AGCR Enclave, Vihar, Sector-III, Karkardooma, Delhi- New Delhi 110092 (Appellant) (Respondent) PAN: AAACI2270H DCIT (LTU) International Tractors Ltd, New Delhi Sonalika House, 282, AGCR Enclave, Karkardooma, Delhi-110092 (Appellant) (Respondent) PAN: AAACI2270H Assessee by : Shri Mukesh Bhutani, Adv Ms. Nikky Jhamtani, CA Shri Saurabh Nandi, Adv Shri Siddarth Agarwal, Adv Revenue by: Shri Anuj…

ORCHASP LIMITED ,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX ,CIRCLE-1(2) , HYDERABAD

In the result, the Tax Case Appeals are dismissed and the substantial questions of law are answered against the Revenue

ITA 182/HYD/2022[2011-12]Status: DisposedITAT Hyderabad20 Apr 2023AY 2011-12

Bench: Shri R.K. Panda & Shri K. Narasimha Charyassessment Year: 2011-12 Orchasp Limited Vs. Dy. Cit Hyderabad Circle 1(2) Pan:Aabcc4776F Hyderabad (Appellant) (Respondent) Assessee By: Shri P. Murali Mohan Rao, Ca Revenue By: Shri B. Yadagiri, Dr Date Of Hearing: 13/04/2023 Date Of Pronouncement: 20/04/2023 Order Per R.K. Panda, A.M This Appeal Filed By The Assessee Is Directed Against The Order Dated 23/03/2022 Of The Learned Cit (A)- Nfac, Relating To A.Y. 2011-12. 2. The Grounds Raised By The Assessee Are As Under: “1. On The Facts & In The Circumstances Of The Case The Appellate Order Passed By The Cit(A) Is Erroneous Both On Facts & In Law To The Extent The Order Is Prejudicial To The Interest Of The Appellant. 2. The Cit(A) Ought To Have Appreciated The Fact That The Amount Of Investment Made Is Completely In Wholly Owned Subsidiary Company Which Is Revenue In Nature & Not A Capital Expenditure. 3. The Ld. Cit(A) Ought To Have Accepted The Investments Written Off Of Rs.3,60,72,141/- Since The Said Amount Was Not Received From The Third Party To The Subsidiary & Thus, The Same Amount Was Written Off By The Virtue Of The Circular No. 69 Dt. 27-07-2011 Issued By Rbi.

For Appellant: Shri P. Murali Mohan Rao, CAFor Respondent: Shri B. Yadagiri, DR
Section 143(2)Section 271(1)(c)Section 37Section 37(1)

…ITA 182 of 2022 Orchasp Ltd आयकर अपील"य अ"धकरण, हैदराबाद पीठ IN THE INCOME TAX APPELLATE TRIBUNAL Hyderabad ‘ ‘ Bench, Hyderabad Before Shri R.K. Panda, Accountant Member AND Shri K. Narasimha Chary, Judicial Member Assessment Year: 2011-12 ORCHASP LIMITED Vs. Dy. CIT Hyderabad Circle 1(2) PAN:AABCC4776F Hyderabad (Appellant) (Respondent) Assessee by: Shri P. Murali Mohan Rao, CA Revenue by: Shri B. Yadagiri, DR Date of hearing: 13/04/2023 Date of pronouncement: 20/04/2023 ORDER Per R.K. Panda, A.M This appeal filed by the assessee is directed against the order dated 23/03/2022 of the learned CIT (A)- NFAC, r…

THE COMMISSIONER OF INCOME-TAX vs. M/S ING VYSYA BANK LTD

The appeal is dismissed

ITA/221/2015HC Karnataka08 Jul 2022

Bench: P.S.DINESH KUMAR,C.M. POONACHA

Section 143(2)Section 250Section 260Section 263

…I.T.A No.221/2015 1 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 8TH DAY OF JULY, 2022 PRESENT THE HON’BLE MR. JUSTICE P.S. DINESH KUMAR AND THE HON’BLE MR. JUSTICE C.M. POONACHA I.T.A NO.221 OF 2015 BETWEEN : 1. THE COMMISSIONER OF INCOME-TAX C.R. BUILDING QUEENS ROAD BANGALORE 2. THE DEPUTY COMMISSIONER OF INCOME-TAX CIRCLE-11(4) RASHTROTHANA BHAVAN NRUPATHUNGA ROAD BANGALORE. …APPELLANTS (BY SHRI. K.V. A…

THE COMMISSIONER OF INCOME-TAX vs. M/S. ING VYSYA BANK LTD

In the result, these appeals fail and are

ITA/312/2015HC Karnataka27 Jun 2022

Bench: P.S.DINESH KUMAR,C.M. POONACHA

Section 260

…IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 27TH DAY OF JUNE, 2022 PRESENT THE HON’BLE MR. JUSTICE P.S. DINESH KUMAR AND THE HON’BLE MR. JUSTICE C.M. POONACHA I.T.A NO. 350 OF 2015 C/W I.T.A NO. 309 OF 2015 I.T.A NO. 312 OF 2015 IN I.T.A NO. 350 OF 2015 BETWEEN: 1. THE COMMISSIONER OF INCOME-TAX C.R. BUILDING QUEENS ROAD BANGALORE 2. THE ASST. COMMISSIONER OF INCOME-TAX CIRCLE-11(4) RASHTROTHANA BHAVAN NRUPATHUNGA ROAD BANGALORE - 560 001. …APPELLANTS (BY SHRI. K.V. ARAVIND, ADVOCATE) AND: M/s ING VYSYA BANK LTD. ING VYSYA HOUS…

THE COMMISSIONER OF INCOME-TAX vs. M/S. ING VYSYA BANK LTD

In the result, these appeals fail and are

ITA/309/2015HC Karnataka27 Jun 2022

Bench: P.S.DINESH KUMAR,C.M. POONACHA

Section 260

…IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 27TH DAY OF JUNE, 2022 PRESENT THE HON’BLE MR. JUSTICE P.S. DINESH KUMAR AND THE HON’BLE MR. JUSTICE C.M. POONACHA I.T.A NO. 350 OF 2015 C/W I.T.A NO. 309 OF 2015 I.T.A NO. 312 OF 2015 IN I.T.A NO. 350 OF 2015 BETWEEN: 1. THE COMMISSIONER OF INCOME-TAX C.R. BUILDING QUEENS ROAD BANGALORE 2. THE ASST. COMMISSIONER OF INCOME-TAX CIRCLE-11(4) RASHTROTHANA BHAVAN NRUPATHUNGA ROAD BANGALORE - 560 001. …APPELLANTS (BY SHRI. K.V. ARAVIND, ADVOCATE) AND: M/s ING VYSYA BANK LTD. ING VYSYA HOUS…

THE COMMISSIONER OF INCOME TAX vs. M/S ING VYSYA BANK LTD

In the result, these appeals fail and are

ITA/350/2015HC Karnataka27 Jun 2022

Bench: P.S.DINESH KUMAR,C.M. POONACHA

Section 260

…IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 27TH DAY OF JUNE, 2022 PRESENT THE HON’BLE MR. JUSTICE P.S. DINESH KUMAR AND THE HON’BLE MR. JUSTICE C.M. POONACHA I.T.A NO. 350 OF 2015 C/W I.T.A NO. 309 OF 2015 I.T.A NO. 312 OF 2015 IN I.T.A NO. 350 OF 2015 BETWEEN: 1. THE COMMISSIONER OF INCOME-TAX C.R. BUILDING QUEENS ROAD BANGALORE 2. THE ASST. COMMISSIONER OF INCOME-TAX CIRCLE-11(4) RASHTROTHANA BHAVAN NRUPATHUNGA ROAD BANGALORE - 560 001. …APPELLANTS (BY SHRI. K.V. ARAVIND, ADVOCATE) AND: M/s ING VYSYA BANK LTD. ING VYSYA HOUS…

MODI MUNDIPHARMA PVT. LTD.,NEW DELHI vs. ADDL. CIT, NEW DELHI

ITA 4086/DEL/2015[2010-11]Status: DisposedITAT Delhi25 Oct 2018AY 2010-11

Bench: Shri R.K. Panda & Shri Kuldip Singh

For Appellant: Shri Sanat Kapoor, AdvocateFor Respondent: Shri James Singson, Senior DR
Section 37

…IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH ‘A’ : NEW DELHI) BEFORE SHRI R.K. PANDA, ACCOUNTANT MEMBER and SHRI KULDIP SINGH, JUDICIAL MEMBER ITA No.4086/Del./2015 (ASSESSMENT YEAR : 2010-11) M/s. Modi Mundipharma Pvt. Ltd., vs. Addl.CIT, 98, Nehru Place, Range 5, New Delhi – 110 019. New Delhi. (PAN : AAACM2303F) (APPELLANT) (RESPONDENT) ASSESSEE BY : Shri Sanat Kapoor, Advocate REVENUE BY : Shri James Singson, Senior DR Date of Hearing : 24.10.2018 Date of Order : 25.10.2018 O R D E R PER KULDIP SINGH, JUDICIAL MEMBER : The appellant, M/s. Modi Mundipharma Pvt. Ltd. (hereinafter referred to as ‘the asse…

LANGDON & SEAH CONSULTING INDIA PRIVATE LIMITED

The appeal is dismissed

COP/221/2015HC Karnataka29 Jan 2016

Bench: VINEET KOTHARI

Section 143(2)Section 250Section 260Section 263

…I.T.A No.221/2015 1 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 8TH DAY OF JULY, 2022 PRESENT THE HON’BLE MR. JUSTICE P.S. DINESH KUMAR AND THE HON’BLE MR. JUSTICE C.M. POONACHA I.T.A NO.221 OF 2015 BETWEEN : 1. THE COMMISSIONER OF INCOME-TAX C.R. BUILDING QUEENS ROAD BANGALORE 2. THE DEPUTY COMMISSIONER OF INCOME-TAX CIRCLE-11(4) RASHTROTHANA BHAVAN NRUPATHUNGA ROAD BANGALORE. …APPELLANTS (BY SHRI. K.V. A…

Commissioner of Income Tax [TDS] vs. The Executive Engineer

In the result, these appeals fail and are

ITTA/350/2015HC Telangana18 Nov 2015

Bench: RAMESH RANGANATHAN,M.SEETHARAMA MURTI

Section 260

…IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 27TH DAY OF JUNE, 2022 PRESENT THE HON’BLE MR. JUSTICE P.S. DINESH KUMAR AND THE HON’BLE MR. JUSTICE C.M. POONACHA I.T.A NO. 350 OF 2015 C/W I.T.A NO. 309 OF 2015 I.T.A NO. 312 OF 2015 IN I.T.A NO. 350 OF 2015 BETWEEN: 1. THE COMMISSIONER OF INCOME-TAX C.R. BUILDING QUEENS ROAD BANGALORE 2. THE ASST. COMMISSIONER OF INCOME-TAX CIRCLE-11(4) RASHTROTHANA BHAVAN NRUPATHUNGA ROAD BANGALORE - 560 001. …APPELLANTS (BY SHRI. K.V. ARAVIND, ADVOCATE) AND: M/s ING VYSYA BANK LTD. ING VYSYA HOUS…