MR K. P. MANJUNATHA REDDY,BANGALORE vs. THE INCOME TAX OFFICER, WARD 4(3)(2), BANGALORE

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

Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year: 2014-15

gains in view of section 2(14) read with sections 45 and 48 of the Act ? " 10.5The Hon'ble Court after considering the averments of both parties and the orders of the authorities below held as under :• "5. We find from the record that the Appellate Commissioner as well as the Tribunal followed an earlier ruling of the Tribunal

ASST.C.I.T., BANGALORE vs. SHRI. M.R. ANANDARAM (HUF), BANGALORE

In the result, the appeals of the Revenue and the Cross Objections of the assessee are dismissed

Bench: Shri Sunil Kumar Yadav & Shri A.K. Garodia

gains in view of section 2(14) read with sections 45 and 48 of the Act?" 7.3.5. After taking into account the submissions of the either of the party and also the perusal of the orders of the authorities below, the Hon'ble Court had held as under: "5. We find from the record that the Appellate Commissioner as well

NABHIRAJ RATNA BALRAJ BY LEGAL HEIR B.R.RAKESH,BANGALORE vs. INCOME-TAX OFFICER, WARD-7(2)(1), BANGALORE

In the result the appeal of the assessee is allowed

Bench: Smt. Beena Pillai & Shri Laxmi Prasad Sahuassessment Year : 2016-17

23A, sub-section (5) of section 24, section 34AA, section 35 and section 37 of the Wealth- tax Act, 1957 (27 of 1957), shall, with necessary modifications, apply in relation to such reference as they apply in relation to a reference made by the Assessing Officer under sub-section (1) of section 16A of that Act. Explanation

MR. PRAKASH CHAND BETHALA,BANGALORE vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE - 7(1), BANGALORE

Bench: Shri Chandra Poojari & Shri George George K.Assessment Year: 2007-08

23A, sub-section (5) of section 24, section 34AA, section 35 and section 37 of the Wealth-tax Act, 1957 (27 of 1957), shall, with necessary modifications, apply in relation to such reference as they apply in relation to a reference made by the Assessing Officer under sub-section (1) of section 16A of that Act.” 6. Before the Assessing

SURESH SONNAHALLIPURA NARAYANASWAMY,BENGALURU vs. INCOME TAX OFFICER WARD - 5 (73) (7), BENGALURU

Bench: Shri. Jason P. Boaz & Shri. Laliet Kumar

gains and the other as 1(b), 3(a), 3(b) and 3(c) in respect of addition towards denial of deduction u/s.54F of the Act. 05. The first set of grounds viz., 1(a), 2(a), 2(b) and 2(c). In this regard, submission before us was as under : The assessee is the owner of land along with

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, HUBBALLI, HUBBALLI vs. SMT. SHEELA PRASANNAKUMAR , CHITRADURGA

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

Bench: Shri Laxmi Prasad Sahu & Shri Soundararajan K

23A, sub-section (5) of section 24, section 34,4A,, section 35 and section 37 of the Wealth-tax Act. 1957 (27 of 1957). shall, with necessary modifications, apply in relation to such reference as they apply in relation to a reference made by the Assessing Officer under sub-section (1) of section 16/1 of that Act.- 5.3 Therefore

BENEDICTA MARY MENDONCE,BANGALORE vs. INCOME TAX OFFICER, WARD- 3(3)(3), BANGALORE

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

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

23A, sub-section (5) of section 24, section 34AA, section 35 and section 37 of the Wealth-tax Act, 1957 (27 of 1957), shall, with necessary modifications, apply in relation to such reference as they apply in relation to a reference made by the Assessing Officer under sub-section (1) of section 16A of that Act. Explanation

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

23A) or clause (23B) or sub-,clause (iv) or sub clause (v) or clause. (v) or sub-clause (vi) or sub-clause (via) of sub clause (23C) of section 10 as the case may be, by such research association, news agency, association or institution or find or trust or-university or other educational institution or any hospital or other medical

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1(1), HUBBALLI vs. M/S. KARNATAKA VIKAS GRAMEEN BANK LIMITED, DHARWAD

In the result, the appeal of assessee is partly allowed and the appeal of the revenue is dismissed

Bench: Shri George George K. & Shri Laxmi Prasad Sahuassessment Year : 2016-17

23A(1) of the Regional Rural Banks, Act, 1976(21 of 1976), merged the above four Regional Rural Banks into a single Regional Rural Bank, i.e., the appellant M/s Karnataka Vikas Grameena Bank, Belgaum Road, Dharwad - 580 008. a) The appellant came into being by amalgamation of the four Regional Rural Banks, on the date of the publication

M/S KARNATAKA VIKAS GRAMEENA BANK,DHARWAD vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2(1), HUBBALLI

In the result, the appeal of assessee is partly allowed and the appeal of the revenue is dismissed

Bench: Shri George George K. & Shri Laxmi Prasad Sahuassessment Year : 2016-17

23A(1) of the Regional Rural Banks, Act, 1976(21 of 1976), merged the above four Regional Rural Banks into a single Regional Rural Bank, i.e., the appellant M/s Karnataka Vikas Grameena Bank, Belgaum Road, Dharwad - 580 008. a) The appellant came into being by amalgamation of the four Regional Rural Banks, on the date of the publication