M/S. TATA ELXSI LIMITED,BANGALORE vs. DEPUTY COMMISSIONER INCOME TAX, CIRCLE-7(1)(1), BANGALORE

801A has to be determined on the total income computed after\ndeducting all deductions allowable u/s.30 to 43D of the Act.\nThus even for the A.Y 1997-98, in the case of Plastiblends (supra) and without reference\nto section 80AB, Hon'ble High Court rendered the decision after discussing the scope\nof profit and gains derived and held that

M/S JINDAL ALUMINIUM LTD.,,BANGALORE vs. DCIT, BANGALORE

In the result, the appeal of the assessee stands dismissed

Bench: Shri Sunil Kumar Yadav & Shri Jason P. Boazassessment Year : 2005-06

capital gains arising from such transactions. The sale deed was entered and lands were transferred by the assessee through Shri Anil Kumar Gupta and Shri Susheel Kumar Gupta on 19.05.2004 as appearing from the registered sale deed. On the basis of these observations, the AO has recorded that there is reason to believe that income chargeable

ACIT, BANGALORE vs. M/S. ABB LIMITED, BANGALORE

In the result, ground No.3 raised by the assessee is dismissed

Bench: Shri N.V. Vasudevan & Shri B. R. Baskaranita No.790 & 791/Bang/2008 Assessment Year : 2002-03 & 2003-04 M/S. Abb Ltd., Vs. The Deputy Commissioner Of Ii Floor, East Wing, Income Tax (Ltu), Khanija Bhavan, Bengaluru. Race Course Road, Bengaluru-560 001. Pan : Aaaca 3834 B Appellant Respondent

801A from the business profits for the purpose of computation of deduction under section 80HHC if the export divisions have not claimed deduction under section 80IA as such direction is opposed to the provisions of section 80IB(13) rws ITA Nos. 790, 791, 896 and 897/Bang/2008 Page 10 of 48 80IA(9) in as much as the profits

ACIT, BANGALORE vs. M/S. ABB LIMITED, BANGALORE

In the result, ground No.3 raised by the assessee is dismissed

Bench: Shri N.V. Vasudevan & Shri B. R. Baskaranita No.790 & 791/Bang/2008 Assessment Year : 2002-03 & 2003-04 M/S. Abb Ltd., Vs. The Deputy Commissioner Of Ii Floor, East Wing, Income Tax (Ltu), Khanija Bhavan, Bengaluru. Race Course Road, Bengaluru-560 001. Pan : Aaaca 3834 B Appellant Respondent

801A from the business profits for the purpose of computation of deduction under section 80HHC if the export divisions have not claimed deduction under section 80IA as such direction is opposed to the provisions of section 80IB(13) rws ITA Nos. 790, 791, 896 and 897/Bang/2008 Page 10 of 48 80IA(9) in as much as the profits

M/S. ABB LIMITED(FORMERLY ASEA BROWN BOVERI LIMITED),BANGALORE vs. DCIT, BANGALORE

In the result, ground No.3 raised by the assessee is dismissed

Bench: Shri N.V. Vasudevan & Shri B. R. Baskaranita No.790 & 791/Bang/2008 Assessment Year : 2002-03 & 2003-04 M/S. Abb Ltd., Vs. The Deputy Commissioner Of Ii Floor, East Wing, Income Tax (Ltu), Khanija Bhavan, Bengaluru. Race Course Road, Bengaluru-560 001. Pan : Aaaca 3834 B Appellant Respondent

801A from the business profits for the purpose of computation of deduction under section 80HHC if the export divisions have not claimed deduction under section 80IA as such direction is opposed to the provisions of section 80IB(13) rws ITA Nos. 790, 791, 896 and 897/Bang/2008 Page 10 of 48 80IA(9) in as much as the profits

M/S. ABB LIMITED(FORMERLY ASEA BROWN BOVERI LIMITED),BANGALORE vs. ACIT, BANGALORE

In the result, ground No.3 raised by the assessee is dismissed

Bench: Shri N.V. Vasudevan & Shri B. R. Baskaranita No.790 & 791/Bang/2008 Assessment Year : 2002-03 & 2003-04 M/S. Abb Ltd., Vs. The Deputy Commissioner Of Ii Floor, East Wing, Income Tax (Ltu), Khanija Bhavan, Bengaluru. Race Course Road, Bengaluru-560 001. Pan : Aaaca 3834 B Appellant Respondent

801A from the business profits for the purpose of computation of deduction under section 80HHC if the export divisions have not claimed deduction under section 80IA as such direction is opposed to the provisions of section 80IB(13) rws ITA Nos. 790, 791, 896 and 897/Bang/2008 Page 10 of 48 80IA(9) in as much as the profits

ACIT, BANGALORE vs. M/S. ABB LIMITED, BANGALORE

In the result, the revenue’s appeal is dismissed

Bench: Shri N.V. Vasudevan & Shri Chandra Poojariassessment Year : 2001-02

gain is required to be taken as part of the export turnover as well apart from being taken as part of business profits. In so far as octroi refund amount is concerned, the submission of the appellant's representative reveal that it is a refund of payment of octroi made earlier both on purchases of raw material as well

M/S. ABB LIMITED(FORMERLY ASEA BROWN BOVERI LIMITED),BANGALORE vs. ACIT, BANGALORE

In the result, the revenue’s appeal is dismissed

Bench: Shri N.V. Vasudevan & Shri Chandra Poojariassessment Year : 2001-02

gain is required to be taken as part of the export turnover as well apart from being taken as part of business profits. In so far as octroi refund amount is concerned, the submission of the appellant's representative reveal that it is a refund of payment of octroi made earlier both on purchases of raw material as well