IBM UNITED KINGDOM LIMITED,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX , INTERNATIONAL TAXATION-CIRCLE-1(2), BANGALORE

In the result, all the appeals of the assessees are allowed

Bench: Shri Chandra Poojari & Smt. Beena Pillai

197 of the Act in order to understand its tax liability. 4.2 Specific observation by the AO with respect to penalty under section 271(1)(c) of the Act 4.2.1 The AO in the penalty order has confirmed that the Assessee has ‘concealed’ particulars of income under section

IBM CORPORATION,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, INTERNATIONAL TAXATION, CIRCLE-1(2)(1) , BANGALORE

In the result, all the appeals of the assessees are allowed

Bench: Shri Chandra Poojari & Smt. Beena Pillai

197 of the Act in order to understand its tax liability. 4.2 Specific observation by the AO with respect to penalty under section 271(1)(c) of the Act 4.2.1 The AO in the penalty order has confirmed that the Assessee has ‘concealed’ particulars of income under section

SHARADA MOHAN SHETTY,KARWAR vs. ITO, WARD-2, KARWAR

In the result, appeal of the assessee is partly allowed

Bench: Or During The Courses Of Appeal Hearing.” 2. The Brief Facts Of The Case Are That The Assessee Filed Return Of Income On 30/09/2015 For The Assessment Year 2015-16 Declaring Page 2 Of 16

capital gain the assessee decided to buy a site and construct a house under the provisions of Section 54F of the Income Tax Act, 1961. 4. The assessee purchased a site developed by the Bangalore Development Authority (BDA) from the site allotee Shri. Ravikumar N and others at Arkavathi Layout, SiteNo. 196 and 197

DCIT, CENTRAL CIRCLE-1(4), BENGALURU, BENGALURU vs. DEVARAJ URS EDUCATIONAL TRUST FOR BACKWARD CLASSES, KOLAR

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

capitation fees, which were not\nrecorded in its regular books of account, and hence, the AO's action of\nmaking additions based on seized materials and corroborated\ndepositions was fully justified. All the grounds of appeal raised by the\nassessee in this regard were dismissed.\n11.\nBeing aggrieved by the order of the learned CIT(A), the assessee

DCIT, CENTRAL CIRCLE-1(4), BENGALURU vs. SRI DEVARAJ URS EDUCATIONAL TRUST FOR BACKWARD CLASSES, KOLAR

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

capitation fees, which were not\nrecorded in its regular books of account, and hence, the AO's action of\nmaking additions based on seized materials and corroborated\ndepositions was fully justified. All the grounds of appeal raised by the\nassessee in this regard were dismissed.\n11. Being aggrieved by the order of the learned CIT(A), the assessee

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE -1(4), BENGALURU, BENGALURU vs. SRI DEVARAJ URS EDUCATIONAL TRUST FOR BACKWARD CLASSES (REGD), KOLAR

capitation fees, which were not\nrecorded in its regular books of account, and hence, the AO's action of\nmaking additions based on seized materials and corroborated\ndepositions was fully justified. All the grounds of appeal raised by the\nassessee in this regard were dismissed.\n11. Being aggrieved by the order of the learned CIT(A), the assessee

M/S. SRI. DEVARAJ URS EDUCATIONAL TRUST FOR BACKWARD CLASSES(REGD),KOLAR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(4), BANGALORE

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

capitation fees, which were not\nrecorded in its regular books of account, and hence, the AO's action of\nmaking additions based on seized materials and corroborated\ndepositions was fully justified. All the grounds of appeal raised by the\nassessee in this regard were dismissed.\n11. Being aggrieved by the order of the learned CIT(A), the assessee

M/S. SRI DEVARAJ URS EDUCATIONAL TRUST FOR BACKWARD CLASSES (REGD),KOLAR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(4), BANGALORE

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

capitation fees, which were not\nrecorded in its regular books of account, and hence, the AO's action of\nmaking additions based on seized materials and corroborated\ndepositions was fully justified. All the grounds of appeal raised by the\nassessee in this regard were dismissed.\n11. Being aggrieved by the order of the learned CIT(A), the assessee

M/S. SRI DEVARAJ URS EDUCATIONAL TRUST ,KOLAR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(4), BANGALORE

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

capitation fees, which were not\nrecorded in its regular books of account, and hence, the AO's action of\nmaking additions based on seized materials and corroborated\ndepositions was fully justified. All the grounds of appeal raised by the\nassessee in this regard were dismissed.\n11. Being aggrieved by the order of the learned CIT(A), the assessee

DCIT, CENTRAL CIRCLE-1(4), BENGALURU, BENGALURU vs. DEVARAJ URS EDUCATIONAL TRUST FOR BACKWARD CLASSES, KOLAR

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

capitation fees, which were not\nrecorded in its regular books of account, and hence, the AO's action of\nmaking additions based on seized materials and corroborated\ndepositions was fully justified. All the grounds of appeal raised by the\nassessee in this regard were dismissed.\n11. Being aggrieved by the order of the learned CIT(A), the assessee

BINDUMALYAM PANDURANGA ALLANHARINARAYAN ,BANGALORE vs. INCOME TAX OFFICER, WARD-5(2)(1), BENGALURU

In the result, appeal filed by the assessee is partly\nallowed

Capital Gain (Exempt Income)\n9,88,565\nIncome from Other Sources(as per return)\n9,74,634\nGross Total Income\n3,05,05,085\nLess Deduction U/C VI A\n1,68,750\nAssessed Income\n3,03,36,335\n\n4. Aggrieved by the assessment completed u/s 143(3) of the Act\ndated 28.2.2021, the assessee had preferred an appeal before

SRI. D. K SHIVAKUMAR ,BANGALORE vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(4), BENGALURU

Bench: Shri Laxmi Prasad Sahu & Shri Soundarajan Kassessment Year : 2018-19

Capital gain on transaction with M/s. Davanam Constructions Private Limited Rs. 103,36,94,904/- (Substantive addition) (16) Income from other sources on account of transaction with M/s. Davanam Constructions Rs. 104,97,55,888/- (Protective addition) 3. Aggrieved by this order, the assesse filed an appeal before the learned CIT (A), which came to be dismissed. Aggrieved

DCIT, CENTRAL CIRCLE, BELLARI vs. M/S. NAVODAYA EDUCATION TRUST, RAICHUR

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

Bench: Shri N.V. Vasudevan & Shri Chandra Poojariassessment Year: 2009-10

capital gains, then addition as income from other sources and income from other sources is also accepted, therefore, the question of law framed in this regard namely, substantial questions of law No.3, 4, 5 and 8 do not arise for consideration in this appeal, as the Commissioner of Income Tax (Appeals) has passed the order 'on the aforesaid Remand Report

INCOME-TAX OFFICER, WARD-7(2)(1), BENGALURU, BENGALURU vs. M/S. BANGALORE CREDIT CO-OPERATIVE SOCIETY LIMITED, BENGALURU

In the result both the appeals of the Revenue as well as\nCos of the Assessee for the Asst

gains that are derived from the\nexport. There cannot be any doubt that interest income earned by\nmembers credit co-operative society can said to be \"attributable to\"\nthe business of providing credit facilities to its members. Kindly\nnote that the deduction u/s.80P is not with respect to an activity but\nwith reference to business as a whole

M/S. HARIS MARINE PRODUCTS,MANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1,, MANGALORE

In the result, both the appeals of the assessee are\nallowed

197\nITR 196) as under:\n\"We think it is not necessary to recapitulate and recite all the decisions on\nthis legal aspect. But suffice it to say that the core of all the decisions of\nthis Court is to the effect that the voluntary nature of any statement made\neither before the customs authorities or the officers of Enforcement

M/S. HARIS MARINE PRODUCTS,MANGALORE vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, , MANGALORE

In the result, both the appeals of the assessee are\nallowed

197\nITR 196) as under:\n\"We think it is not necessary to recapitulate and recite all the decisions on\nthis legal aspect. But suffice it to say that the core of all the decisions of\nthis Court is to the effect that the voluntary nature of any statement made\neither before the customs authorities or the officers of Enforcement

M/S. EMIRATES HINDUSTAN BUILDERS AND DEVELOPERS,KERALA vs. ASSISTANT COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-2, MANGALORE

In the result, appeals of the assessee in ITA Nos

Bench: Shri Chandra Poojari & Shri Keshav Dubey

197 ITR 196) as under: "We think it is not necessary to recapitulate and recite all the decisions on this legal aspect. But suffice it to say that the core of all the decisions of this Court is to the effect that the voluntary nature of any statement made ITA Nos.414&415/Bang/2024 Emirates Hindustan Builders and Developers, Kasargod ITA Nos.167

MKH INFRASTRUCTURE,KERALA vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, MANGALORE

In the result, appeals of the assessee in ITA Nos

Bench: Shri Chandra Poojari & Shri Keshav Dubey

197 ITR 196) as under: "We think it is not necessary to recapitulate and recite all the decisions on this legal aspect. But suffice it to say that the core of all the decisions of this Court is to the effect that the voluntary nature of any statement made ITA Nos.414&415/Bang/2024 Emirates Hindustan Builders and Developers, Kasargod ITA Nos.167