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41 results for “TDS”+ Section 80G(5)(ii)clear

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Mumbai102Delhi88Bangalore41Kolkata25Ahmedabad25Jaipur16Chennai14Pune13Hyderabad13Lucknow8Chandigarh8Indore6Rajkot6Surat4Jodhpur2Allahabad2SC2Dehradun1Raipur1Agra1

Key Topics

Addition to Income28Disallowance19Transfer Pricing16Deduction16Section 12A14Section 1114TDS14Section 143(3)11Section 37(1)11Penalty

M/S. GOLDMAN SACHS SERVICES PRIVATE LIMITED,BANGALORE vs. JOINT COMMISSIONER OF INCOME TAX, SPECIAL RANGE-3, BANGALORE

In the result, the assessee's appeal is partly allowed for statistical purposes

ITA 2355/BANG/2019[2015-16]Status: DisposedITAT Bangalore15 Jun 2020AY 2015-16

Bench: Shri A.K. Garodia & Shri Pavan Kumar Gadaleit(Tp)A No.2355/Bang/2019 (Assessment Year: 2015-16) M/S. Goldman Sachs Services Pvt. Ltd., Wing A, B & C, Helios Business Park, 150, Orr, Kadubeesanahalli, Bangalore-560103 ….Appellant Pan Aaccg 2435N Vs. Joint Commissioner Of Income Tax, Special Range 3, Bangalore. ……Respondent.

For Appellant: Shri Sharath Rao, C.AFor Respondent: Ms. Neera Malhotra, CIT (D.R)
Section 143(3)Section 144CSection 144C(5)Section 92CSection 92C(3)

ii) Caliber Point Business Solutions Limited (Segmental) (iii) Sagar Soft India Limited NC (iv) TVS Infotech Limited (v) Bells Softech Limited (vi) Daffodil Software Limited (vii) Evoke Technologies Limited (viii) I2T2 India Limited (ix) Melstar Information Technologies Ltd. (x) Minvesta Infotech Limited (xi) New-Age Bizsoft Solutions Pvt Ltd 2.9 Computation of operating profit margins of comparable companies The Honorable

Showing 1–20 of 41 · Page 1 of 3

10
Section 234B9
Section 92C8

GOLDMAN SACHS SERVICES PRIVATE LIMITED,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3(1)(1), BANGALORE

In the result, appeal of the assessee is partly allowed for statistical purposes

ITA 298/BANG/2021[2016-17]Status: DisposedITAT Bangalore24 Apr 2024AY 2016-17

Bench: Shri Chandra Poojari & Shri Keshav Dubey

For Appellant: Shri Madhur Agarwal, A.RFor Respondent: Ms. Neera Malhotra, D.R
Section 144C(10)Section 92CSection 92C(3)

5 of 14 have erred in law and on facts in rejecting the following comparable companies requested for inclusion by the Appellant during the course of TP assessment proceedings: (i) Informed Technologies India Limited (ii) R Systems International Limited (Segmental) (iii) Jindal Intellicom Limited (iv) Microland Limited (v) Ace BPO Services Private Limited (vi) Crystal Voxx Limited (vii) Microgenetic Systems

SRI SRINIVASA TRUST,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), BANGALORE

In the result, the appeal of the assessee is hereby allowed

ITA 1076/BANG/2024[2021-2022]Status: DisposedITAT Bangalore18 Feb 2025AY 2021-2022

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

For Appellant: Shri Siva Prasad Reddy & Shri BalachandranFor Respondent: Ms. Nandini Das, CIT (DR)
Section 11Section 11(1)Section 11(1)(a)Section 12ASection 2(45)Section 80G

ii) is that the Ld. CIT(A) erred in disallowing the donation and other expenses of Rs. 36,21,782.00 only. 3. Briefly stated, the facts are that the assessee is a charitable trust, duly recognized and registered under section 12A as well as section 80G of the Act. The assessee trust is engaged in charitable activities, including education

SRI SRINIVASA TRUST,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), BANGALORE

In the result, the appeal of the assessee is hereby allowed

ITA 1075/BANG/2024[2020-21]Status: DisposedITAT Bangalore18 Feb 2025AY 2020-21

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

For Appellant: Shri Siva Prasad Reddy & Shri BalachandranFor Respondent: Ms. Nandini Das, CIT (DR)
Section 11Section 11(1)Section 11(1)(a)Section 12ASection 2(45)Section 80G

ii) is that the Ld. CIT(A) erred in disallowing the donation and other expenses of Rs. 36,21,782.00 only. 3. Briefly stated, the facts are that the assessee is a charitable trust, duly recognized and registered under section 12A as well as section 80G of the Act. The assessee trust is engaged in charitable activities, including education

M/S. CHIRANTHANA,BENGALURU vs. THE COMMISSIONER OF INCOME TAX (EXEMPTIONS), BENGALURU

In the result, appeal filed by assessee stands allowed for statistical purposes

ITA 2014/BANG/2019[2019-20]Status: DisposedITAT Bangalore02 Jan 2020AY 2019-20

Bench: Shri B.R.Baskaran & Smt.Beena Pillai, Judical Member M/S. Chiranthana The Commissioner Of F-25, 1St Floor, Income Tax (Exemptions) Shriram Sardhana Apartments, Bangalore Behind M.S Ramaiya Residency, Vs. Bangalure, Karnataka, 560006 Pan : Aabtc808K Appellant Respondent

For Appellant: R.E. Balasubramanian, CAFor Respondent: Ms.Neera Malhotra CIT DR
Section 12ASection 80Section 80G(5)(vi)

II. To undertake the governmental and non-governmental organisations contractual assignments on works related to rule rural/urban development and functions on their behalf. III. Generally to do such acts, deeds and other things which are incidental and conductive to the attainment of all or any other of the above objects. IV. The trust shall not work for profit

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1), BENGALURU, BENGALURU vs. CANARA BANK, BENGALURU

In the result, appeal of the revenue in ITA No

ITA 297/BANG/2024[2018-19]Status: DisposedITAT Bangalore17 Jan 2025AY 2018-19

Bench: Shri Waseem Ahmed & Shri Keshav Dubeyassessmentyear: 2017-18

For Appellant: Sri Abharana &Anantham, A.RsFor Respondent: Ms. Neera Malhotra, D.R
Section 115JSection 143(3)Section 14ASection 234BSection 250

ii) "existing company" means a company formed and registered under any of the previous companies laws specified below :- (a) any Act or Acts relating to companies in force before the Indian Companies Act, 1866 (10 of 1866), and repealed by that Act; ITA No.424/Mum/2020 & 3740/Mum/2018 The Union Bank of India & Central Bank of India 40 (b) the Indian Companies

WIPRO LIMITED,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-7(1)(1), BANGALORE

In the result, the appeal filed by the assessee is partly allowed for statistical purposes

ITA 370/BANG/2021[2016-17]Status: DisposedITAT Bangalore14 Jun 2023AY 2016-17

Bench: Smt. Beena Pillai & Shri Laxmi Prasad Sahu

For Appellant: Shri Sandeep Huilgol, AdvocateFor Respondent: Dr. Manjunath Karkihallli, CIT(DR)(ITAT), Bengaluru
Section 10ASection 143(2)Section 143(3)Section 80G

80G of Rs. 4,05,98,408/- and 80IAB of Rs. 585,09,09,819/-. The case was selected for scrutiny and notice u/s 143(2) was issued and other statutory notices were issued to the assessee and assessee also responded to the notices. The assessee claimed exemption u/s 10AA being profit of SEZ units. The total income also comprises

SHRIMATHI RANGAMMA EDUCATIONAL TRUST,BANGALORE vs. COMMISSIONER OF INCOME TAX (EXEMPTIONS) , BANGALORE

In the result, appeals filed by assessee stands allowed for statistical purposes

ITA 943/BANG/2019[2018-19]Status: DisposedITAT Bangalore06 Sept 2019AY 2018-19

Bench: Shri B.R.Baskaran & Smt Beena Pillaiita Nos.943 & 944(Bang)/2019 (Assessment Years : 2018-19) Shrimathi Rangamma Educational Trust, No.638, I Main Road, K R Puram, New Extension, Bangalore -560 036 Pan No.Aarts1783M Appellant Vs The Commissioner Of Income Tax, (Exemptions), Bangalore Respondent Appellant By : Shri Suraj S Singri, Ca Revenue By : Dr.P.V.Pradeep Kumar, Addl.Cit

For Appellant: Shri Suraj S Singri, CAFor Respondent: Dr.P.V.Pradeep Kumar, Addl.CIT
Section 12ASection 80G(5)(vi)

section 80G(5)(vi)12AA(1)(b)(ii) of the Act, passed by Ld. CIT (E), Bangalore. 2. Ld.AR submitted that assessee is a public charitable trust and has set up a school in Theranya village of Hassan District of Karnataka, which is an underdeveloped village. He submitted that school is functional from June 2017, providing educational facility to children

M/S ZEENATH TRANSPORT COMPANY ,BELLARY vs. THE ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-1, BELLARY

In the result, appeal filed by the assessee stands partly allowed as indicated herein above

ITA 1780/BANG/2018[2012-13]Status: DisposedITAT Bangalore18 Aug 2021AY 2012-13

Bench: Shri Chandra Poojari & Smt. Beena Pillai

For Appellant: Shri Siva Prasad Reddy, AdvocateFor Respondent: Ms. Neera Malhotra, CIT (DR)
Section 135Section 37Section 37(1)

5) does not exceed fifty lakh rupees, the requirement under sub-section (1) for constitution of the Corporate Social Responsibility Committee shall not be applicable and the functions of such Committee provided under this section shall, in such cases, be discharged by the Board of Directors of such company.] 14. Schedule VII to the Companies Act, 2013 is extracted hereunder

HASANATH EDUCATION SOCIETY,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX, BANGALORE

In the result, the assessee's appeal is partly allowed

ITA 1910/BANG/2016[2011-12]Status: DisposedITAT Bangalore05 Apr 2017AY 2011-12

Bench: Shri Vijay Pal Rao

For Appellant: Smt. Pratibha, AdvocateFor Respondent: Shri AR.V.Sreenivasan, JCIT (D.R)
Section 12(1)Section 12ASection 80G(5)

80G(5) of the Act. The assessee is running education institution. The Assessing Officer in the course of assessment proceedings observed that the assessee has collected Rs.1,15,63,756 under building fund during the year under consideration. The Assessing Officer asked the assessee to provide the details and evidence for the same. The assessee submitted that the amount

SRI. SENAPATHY GOPALAKRISHNAN,BANGALORE vs. INCOME TAX OFFICER, WARD- 3(1)(4), BANGALORE

In the result, the appeal of the assessee is allowed for statistical purposes

ITA 1414/BANG/2019[2016-17]Status: DisposedITAT Bangalore30 Dec 2019AY 2016-17

Bench: Shri N.V. Vasudevan & Shri D.S. Sunder Singhassessment Year: 2016-17

For Appellant: Shri Padamchand Khincha, CAFor Respondent: Smt. R. Premi, Jt. CIT(DR)(ITAT) Bengaluru
Section 35(1)Section 35(1)(ii)Section 80G

5,30,54,460 Less: Brought forward loss (38,19,775) Gross total income 4,92,34,685 Deduction u/s 80G (12,00,00, 000 ) 4.92,34.685) 80TTA (10,000) 0 Total Income Prepaid taxes (4.92,34.685) TDS 61,83,993 Advance tax 50,25,000 Refund due 1,12,08,993 4. It can be seen from the aforesaid

AMERICAN POWER COVERSION (INDIA) PRIVATE LIMITED,BANGALORE vs. ADDL.C.I.T., BANGALORE

In the result appeal filed by assessee stands partly allowed as indicated herein above

ITA 1319/BANG/2011[2007-08]Status: DisposedITAT Bangalore23 Oct 2019AY 2007-08

Bench: Shri A.K.Garodia & Smt.Beena Pillaiit(Tp)A No.1319(Bang)/2011 (Assessment Year : 2007-08)

For Appellant: Shri Sharath Rao, CAFor Respondent: Shri C.H.Sundar Rao, CIT
Section 133(6)Section 92C

II and Software unit, besides a domestic unit. It was observed by Ld.AO that assessee debited sum of Rs.5,10,79,988/- towards communication charges, which formed part of deduction claimed under section 10A. Ld.AO was of opinion that, as per Clause (iv) of Explanation 2 to Section 10A, export turnover for purposes of claiming deduction, does not include fright

JCIT, BANGALORE vs. M/S BIOCON LTD.,, BANGALORE

In the result appeal filed by assessee for assessment year

ITA 558/BANG/2016[2011-12]Status: DisposedITAT Bangalore12 Nov 2021AY 2011-12

Bench: Shri B.R. Baskaran & Smt Beena Pillai

For Appellant: Shri Padamchand Khincha, CAFor Respondent: Shri Muzaffar Hussain, CIT (DR)
Section 143(3)Section 144CSection 144C(5)Section 92C

TDS has not been deducted on the software expenses. Pursuant to the same, a rectification application u/s. 154 was filed by the taxpayer, as the AO/TPO had not complied with DRP directions in relation to recomputing the ALP. Aggrieved by the order of the LdAO, assessee is in appeal before us. Ground No.1-2 are general in nature. Therefore

BIOCON LIMITED,BANGALORE vs. JCIT, BANGALORE

In the result appeal filed by assessee for assessment year

ITA 557/BANG/2016[2011-12]Status: DisposedITAT Bangalore12 Nov 2021AY 2011-12

Bench: Shri B.R. Baskaran & Smt Beena Pillai

For Appellant: Shri Padamchand Khincha, CAFor Respondent: Shri Muzaffar Hussain, CIT (DR)
Section 143(3)Section 144CSection 144C(5)Section 92C

TDS has not been deducted on the software expenses. Pursuant to the same, a rectification application u/s. 154 was filed by the taxpayer, as the AO/TPO had not complied with DRP directions in relation to recomputing the ALP. Aggrieved by the order of the LdAO, assessee is in appeal before us. Ground No.1-2 are general in nature. Therefore

M/S PROMAC ENGINEERING INDUSTRIES LTD ,BANGALORE vs. THE ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-5(1)(2), BANGALORE

In the result, the appeal is partly allowed

ITA 501/BANG/2018[2014-15]Status: DisposedITAT Bangalore17 Aug 2021AY 2014-15

Bench: Shri Chandra Poojari & Shri George George K.Assessment Year: 2014-15

For Appellant: Shri Tata Krishna, AdvocateFor Respondent: Shri N.S. Shashidhar, Addl.CIT(DR)(ITAT), Bengaluru
Section 139Section 80GSection 90Section 90(1)(a)

80G in respect of donations made to the extent of evidences available i.e. for Rs. 3,78,000/-. 4.2. The Learned Commissioner (Appeals) is not justified in adjudicating the aforesaid ground. For the above reasons and for such other reasons which may be allowed by the Honourable Members to be urged at the time of hearing, it is prayed that

DCIT, BANGALORE vs. M/S GOOGLE INDIA PVT. LTD.,, BANGALORE

In the result, the appeals filed by assessee for the years under consideration are disposed of as under:

ITA 205/BANG/2015[2010-11]Status: DisposedITAT Bangalore31 Jul 2023AY 2010-11

Bench: Shri Chandra Poojari & Smt. Beena Pillai

For Appellant: Shri Anmol Anand and Ms. Priya Tandon AdvocatesFor Respondent: Ms. Neera Malhotra, CIT(DR)
Section 234BSection 234DSection 26Section 27Section 271(1)(c)

80G -- -- Representative 8. -- -- assessee Claim for deduction – 9. -- -- proviso to 40(a)(i) 10. MAT Credit -- -- 11. TDS Credit -- -- Incorrect Refund 12. -- -- Calculation 13. Education Cess -- -- Interest u/s. 234B -- -- Interest u/s. 234D -- -- 14. Initiation of penalty proceedings u/s. -- -- 271(1)(c). 2.1 However, for the sake of convenience, grounds raised by the assessee for A.Y. 2010-11 are reproduced

M/S. GOOGLE INDIA PRIVATE LIMITED,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-3(1)(2), BANGALORE

In the result, the appeals filed by assessee for the years under consideration are disposed of as under:

ITA 387/BANG/2017[2012-13]Status: DisposedITAT Bangalore31 Jul 2023AY 2012-13

Bench: Shri Chandra Poojari & Smt. Beena Pillai

For Appellant: Shri Anmol Anand and Ms. Priya Tandon AdvocatesFor Respondent: Ms. Neera Malhotra, CIT(DR)
Section 234BSection 234DSection 26Section 27Section 271(1)(c)

80G -- -- Representative 8. -- -- assessee Claim for deduction – 9. -- -- proviso to 40(a)(i) 10. MAT Credit -- -- 11. TDS Credit -- -- Incorrect Refund 12. -- -- Calculation 13. Education Cess -- -- Interest u/s. 234B -- -- Interest u/s. 234D -- -- 14. Initiation of penalty proceedings u/s. -- -- 271(1)(c). 2.1 However, for the sake of convenience, grounds raised by the assessee for A.Y. 2010-11 are reproduced

M/S. GOOGLE INDIA PRIVATE LIMITED,BANGALORE vs. THE JOINT COMMISSIONER OF INCOME TAX, SPECIAL RANGE-3, BANGALORE

In the result, the appeals filed by assessee for the years under consideration are disposed of as under:

ITA 2301/BANG/2019[2015-16]Status: DisposedITAT Bangalore31 Jul 2023AY 2015-16

Bench: Shri Chandra Poojari & Smt. Beena Pillai

For Appellant: Shri Anmol Anand and Ms. Priya Tandon AdvocatesFor Respondent: Ms. Neera Malhotra, CIT(DR)
Section 234BSection 234DSection 26Section 27Section 271(1)(c)

80G -- -- Representative 8. -- -- assessee Claim for deduction – 9. -- -- proviso to 40(a)(i) 10. MAT Credit -- -- 11. TDS Credit -- -- Incorrect Refund 12. -- -- Calculation 13. Education Cess -- -- Interest u/s. 234B -- -- Interest u/s. 234D -- -- 14. Initiation of penalty proceedings u/s. -- -- 271(1)(c). 2.1 However, for the sake of convenience, grounds raised by the assessee for A.Y. 2010-11 are reproduced

MS GOOGLE INDIA PVT LTD,BENGALURU vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-3(1)(2), BENGALURU

In the result, the appeals filed by assessee for the years under consideration are disposed of as under:

ITA 2890/BANG/2017[2013-14]Status: DisposedITAT Bangalore31 Jul 2023AY 2013-14

Bench: Shri Chandra Poojari & Smt. Beena Pillai

For Appellant: Shri Anmol Anand and Ms. Priya Tandon AdvocatesFor Respondent: Ms. Neera Malhotra, CIT(DR)
Section 234BSection 234DSection 26Section 27Section 271(1)(c)

80G -- -- Representative 8. -- -- assessee Claim for deduction – 9. -- -- proviso to 40(a)(i) 10. MAT Credit -- -- 11. TDS Credit -- -- Incorrect Refund 12. -- -- Calculation 13. Education Cess -- -- Interest u/s. 234B -- -- Interest u/s. 234D -- -- 14. Initiation of penalty proceedings u/s. -- -- 271(1)(c). 2.1 However, for the sake of convenience, grounds raised by the assessee for A.Y. 2010-11 are reproduced

DCIT, BANGALORE vs. M/S GOOGLE INDIA PVT. LTD.,, BANGALORE

In the result, the appeals filed by assessee for the years under consideration are disposed of as under:

ITA 881/BANG/2016[2011-12]Status: DisposedITAT Bangalore31 Jul 2023AY 2011-12

Bench: Shri Chandra Poojari & Smt. Beena Pillai

For Appellant: Shri Anmol Anand and Ms. Priya Tandon AdvocatesFor Respondent: Ms. Neera Malhotra, CIT(DR)
Section 234BSection 234DSection 26Section 27Section 271(1)(c)

80G -- -- Representative 8. -- -- assessee Claim for deduction – 9. -- -- proviso to 40(a)(i) 10. MAT Credit -- -- 11. TDS Credit -- -- Incorrect Refund 12. -- -- Calculation 13. Education Cess -- -- Interest u/s. 234B -- -- Interest u/s. 234D -- -- 14. Initiation of penalty proceedings u/s. -- -- 271(1)(c). 2.1 However, for the sake of convenience, grounds raised by the assessee for A.Y. 2010-11 are reproduced