THE DCIT, PATAN CIRCLE,, PATAN vs. RANJIT BUILDCON LTD.,, UNJHA

Bench: Ms. Suchitra Kamble & Shri Narendra Prasad Sinha

80A(4)(i)of the Act. The income should be derived from the Enterprises/Undertaking for developing, operating & maintaining or ITA Nos.2116, 2117/Ahd/2013, 2306, 2307, 2308/Ahd/2014,3121/Ahd/2015, 1230/Ahd/2016, 1620/Ahd/2017 & 1673/Ahd/2019 Assessment Years: 2008-09, 2009-10, 2007-08, 2010-11, 2011-12, 2012-13, 2013-14, 2014-15 & 2016-17 respectively Page 6 of 34 developing, maintaining & operating the project

THE DCIT, PATAN CIRCLE,, PATAN vs. RANJIT BUILDCON LTD.,, UNJHA

Bench: Ms. Suchitra Kamble & Shri Narendra Prasad Sinha

80A(4)(i)of the Act. The income should be derived from the Enterprises/Undertaking for developing, operating & maintaining or ITA Nos.2116, 2117/Ahd/2013, 2306, 2307, 2308/Ahd/2014,3121/Ahd/2015, 1230/Ahd/2016, 1620/Ahd/2017 & 1673/Ahd/2019 Assessment Years: 2008-09, 2009-10, 2007-08, 2010-11, 2011-12, 2012-13, 2013-14, 2014-15 & 2016-17 respectively Page 6 of 34 developing, maintaining & operating the project

THE DY.COMMISSIONER OF INCOME TAX, PATAN CIRCLE,, PATAN vs. M/S. RANJIT BUILDCON LTD.,, UNJHA

Bench: Ms. Suchitra Kamble & Shri Narendra Prasad Sinha

80A(4)(i)of the Act. The income should be derived from the Enterprises/Undertaking for developing, operating & maintaining or ITA Nos.2116, 2117/Ahd/2013, 2306, 2307, 2308/Ahd/2014,3121/Ahd/2015, 1230/Ahd/2016, 1620/Ahd/2017 & 1673/Ahd/2019 Assessment Years: 2008-09, 2009-10, 2007-08, 2010-11, 2011-12, 2012-13, 2013-14, 2014-15 & 2016-17 respectively Page 6 of 34 developing, maintaining & operating the project

THE ACIT, PATAN CIRCLE,, PATAN vs. RANJIT BUILDCON LTD.,, UNJHA

Bench: Ms. Suchitra Kamble & Shri Narendra Prasad Sinha

80A(4)(i)of the Act. The income should be derived from the Enterprises/Undertaking for developing, operating & maintaining or ITA Nos.2116, 2117/Ahd/2013, 2306, 2307, 2308/Ahd/2014,3121/Ahd/2015, 1230/Ahd/2016, 1620/Ahd/2017 & 1673/Ahd/2019 Assessment Years: 2008-09, 2009-10, 2007-08, 2010-11, 2011-12, 2012-13, 2013-14, 2014-15 & 2016-17 respectively Page 6 of 34 developing, maintaining & operating the project

THE ACIT, PATAN CIRCLE,, PATAN vs. RANJIT BUILDCON LTD.,, UNJHA

Bench: Ms. Suchitra Kamble & Shri Narendra Prasad Sinha

80A(4)(i)of the Act. The income should be derived from the Enterprises/Undertaking for developing, operating & maintaining or ITA Nos.2116, 2117/Ahd/2013, 2306, 2307, 2308/Ahd/2014,3121/Ahd/2015, 1230/Ahd/2016, 1620/Ahd/2017 & 1673/Ahd/2019 Assessment Years: 2008-09, 2009-10, 2007-08, 2010-11, 2011-12, 2012-13, 2013-14, 2014-15 & 2016-17 respectively Page 6 of 34 developing, maintaining & operating the project

THE DCIT, PATAN CIRCLE,, PATAN vs. RANJIT BUILDCON LTD.,, UNJHA

Bench: Ms. Suchitra Kamble & Shri Narendra Prasad Sinha

80A(4)(i)of the Act. The income should be derived from the Enterprises/Undertaking for developing, operating & maintaining or ITA Nos.2116, 2117/Ahd/2013, 2306, 2307, 2308/Ahd/2014,3121/Ahd/2015, 1230/Ahd/2016, 1620/Ahd/2017 & 1673/Ahd/2019 Assessment Years: 2008-09, 2009-10, 2007-08, 2010-11, 2011-12, 2012-13, 2013-14, 2014-15 & 2016-17 respectively Page 6 of 34 developing, maintaining & operating the project

THE DCIT, PATAN CIRCLE,, PATAN vs. RANJIT BUILDCON LTD.,, UNJHA

Bench: Ms. Suchitra Kamble & Shri Narendra Prasad Sinha

80A(4)(i)of the Act. The income should be derived from the Enterprises/Undertaking for developing, operating & maintaining or ITA Nos.2116, 2117/Ahd/2013, 2306, 2307, 2308/Ahd/2014,3121/Ahd/2015, 1230/Ahd/2016, 1620/Ahd/2017 & 1673/Ahd/2019 Assessment Years: 2008-09, 2009-10, 2007-08, 2010-11, 2011-12, 2012-13, 2013-14, 2014-15 & 2016-17 respectively Page 6 of 34 developing, maintaining & operating the project

M/S. RANBAXY LABORATORIES LIMITED,NEW DELHI vs. ADDL. CIT, NEW DELHI

In the result, the appeal of the assessee in IT(TP) A No

Bench: Justice P.P. Bhatt & Shri Waseem Ahmed1. आयकर अपील सं./It(Tp)A No. 1782/Del/2014 2. आयकर अपील सं./It(Tp)A No. 781/Del/2015 ("नधा"रण वष"/Assessment Years : 2009-10 & 2010-11) Ranbaxy Laboratories Ltd. The Dcit बनाम/ 12Th Floor, Devika Tower Circle-21(1), New Vs. 6, Nehru Place, New Delhi Delhi/ 110 019 Addl.Cit Range-15 New Delhi "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaacr0127N .. (अपीलाथ"/Appellant) (""यथ" / Respondent) अपीलाथ" ओर से/ Appellant By : Shri S.N.Soparkar, Shri Vartik Chokshi, Ms.Urvashi Shodhan & Shri P.Shah, Ars ""यथ" क" ओर से/Respondent By: Shri Mahesh Shah, Cit-Dr

TDS on salary. Accordingly, AO held that even otherwise it is disallowed u/s 40(a)(ia) of the Act. IT(TP)A Nos.1782/Del/2014 & 781/Del/2015 Ranbaxy Laboratories Ltd. vs. DCIT/Addl.CIT Asst.Years – 2009-10 & 2010-11 respectively 12.6. In view of the above, the AO held that reversal of Rs. 21,79,471/- in respect of option not exercised by the employee

RANBAXY LABORATORIES LTD.,DELHI vs. DCIT, NEW DELHI

In the result, the appeal of the assessee in IT(TP) A No

Bench: Justice P.P. Bhatt & Shri Waseem Ahmed1. आयकर अपील सं./It(Tp)A No. 1782/Del/2014 2. आयकर अपील सं./It(Tp)A No. 781/Del/2015 ("नधा"रण वष"/Assessment Years : 2009-10 & 2010-11) Ranbaxy Laboratories Ltd. The Dcit बनाम/ 12Th Floor, Devika Tower Circle-21(1), New Vs. 6, Nehru Place, New Delhi Delhi/ 110 019 Addl.Cit Range-15 New Delhi "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaacr0127N .. (अपीलाथ"/Appellant) (""यथ" / Respondent) अपीलाथ" ओर से/ Appellant By : Shri S.N.Soparkar, Shri Vartik Chokshi, Ms.Urvashi Shodhan & Shri P.Shah, Ars ""यथ" क" ओर से/Respondent By: Shri Mahesh Shah, Cit-Dr

TDS on salary. Accordingly, AO held that even otherwise it is disallowed u/s 40(a)(ia) of the Act. IT(TP)A Nos.1782/Del/2014 & 781/Del/2015 Ranbaxy Laboratories Ltd. vs. DCIT/Addl.CIT Asst.Years – 2009-10 & 2010-11 respectively 12.6. In view of the above, the AO held that reversal of Rs. 21,79,471/- in respect of option not exercised by the employee

MONO STEEL (INDIA) LTD.,,BHAVNAGAR vs. THE JT. CIT, RANGE-4,, AHMEDABAD

In the result, appeal of the Revenue in ITA No

Bench: Shri Rajpal Yadav & Pradip Kumar Kediaआयकर अपील सं./I.T.A. Nos. 1779 & 1925/Ahd/2014 ("नधा"रण वष" / Assessment Year : 2009-10)

TDS was duly deducted and paid on behalf of the recipient. The recipient has also accounted for the commission in its books of accounts and offered the same for taxation as per duly audited financial accounts. We notice that the AO has strongly harped on non reply to the notices issued to the suppliers or negative reply from some

THE DCIT(OSD)-I, CIRCLE-4,, AHMEDABAD vs. MONO STEEL INDIA LTD.,, BHAVNAGAR

In the result, appeal of the Revenue in ITA No

Bench: Shri Rajpal Yadav & Pradip Kumar Kediaआयकर अपील सं./I.T.A. Nos. 1779 & 1925/Ahd/2014 ("नधा"रण वष" / Assessment Year : 2009-10)

TDS was duly deducted and paid on behalf of the recipient. The recipient has also accounted for the commission in its books of accounts and offered the same for taxation as per duly audited financial accounts. We notice that the AO has strongly harped on non reply to the notices issued to the suppliers or negative reply from some