JOHN DEVELOPERS ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(1), BANGALORE

In the result, appeals of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Keshav Dubey

221) wherein held that loose sheets recovered from the premises of the assessee constitute document within the meaning of explanation under sub-section 4 of section 132 of the Act. We have heard the rival submissions and perused the 20. materials available on record. The lower authorities made the addition by observing as under: As seen from the above, during

JOHN DISTILLERIES PVT LTD.,,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(1), BANGALORE

In the result, appeals of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Keshav Dubey

221) wherein held that loose sheets recovered from the premises of the assessee constitute document within the meaning of explanation under sub-section 4 of section 132 of the Act. We have heard the rival submissions and perused the 20. materials available on record. The lower authorities made the addition by observing as under: As seen from the above, during

JOHN DEVELOPERS,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(1), BANGALORE

In the result, appeals of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Keshav Dubey

221) wherein held that loose sheets recovered from the premises of the assessee constitute document within the meaning of explanation under sub-section 4 of section 132 of the Act. We have heard the rival submissions and perused the 20. materials available on record. The lower authorities made the addition by observing as under: As seen from the above, during

M/S. PAUL RESORTS & HOTELS PVT LTD,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(1), BANGALORE

In the result, appeals of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Keshav Dubey

221) wherein held that loose sheets recovered from the premises of the assessee constitute document within the meaning of explanation under sub-section 4 of section 132 of the Act. We have heard the rival submissions and perused the 20. materials available on record. The lower authorities made the addition by observing as under: As seen from the above, during

M/S. PAUL RESORTS & HOTELS PVT LTD,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-1(1) , BANGALORE

In the result, appeals of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Keshav Dubey

221) wherein held that loose sheets recovered from the premises of the assessee constitute document within the meaning of explanation under sub-section 4 of section 132 of the Act. We have heard the rival submissions and perused the 20. materials available on record. The lower authorities made the addition by observing as under: As seen from the above, during

M/S. PAUL RESORTS & HOTELS PVT. LTD.,,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-1(1), BANGALORE

In the result, appeals of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Keshav Dubey

221) wherein held that loose sheets recovered from the premises of the assessee constitute document within the meaning of explanation under sub-section 4 of section 132 of the Act. We have heard the rival submissions and perused the 20. materials available on record. The lower authorities made the addition by observing as under: As seen from the above, during

M/S. PAUL RESORTS & HOTELS PVT LTD ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-1(1), BANGALORE

In the result, appeals of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Keshav Dubey

221) wherein held that loose sheets recovered from the premises of the assessee constitute document within the meaning of explanation under sub-section 4 of section 132 of the Act. We have heard the rival submissions and perused the 20. materials available on record. The lower authorities made the addition by observing as under: As seen from the above, during

SHREE GOVERDHAN NATHJI HAVELI TRUST ,BENGALURU vs. INCOME TAX OFFICER, EXEMPTIONS-WARD-3 , BENGALURU

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

Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year : 2016-17 M/S. Shree Goverdhan The Income Tax Nathji Haveli Trust, Officer, No. 15, Nehrunagar, Exemptions, Seshadripuram, Ward – 3, Bangalore – 560 020. Bangalore. Vs. Pan: Aacts7617M Appellant Respondent

221 and CIT v Manubhai M Patel reported in 296 ITR 143. He thus submitted that the scope of section 143(1) is restricted to adjustment of prima facie mistakes and omissions, which are apparent from what is available on record. The Ld.AR submitted that the assessing officer carrying out processing of return of income u/s 143(1) cannot initiate

TRITON VALVES LTD,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX,, BANGALORE

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

Bench: Shri J. Sudhakar Reddy & Smt. Beena Pillaiassessment Year : 2010-11

condone the delay and admit the appeal. 7. On merits of the case, the ld. counsel for the assessee’s submission was that the opening stock, purchases as well as sales have to be valued on the same basis as the closing stock is valued in the inclusive method of accounting. For this purpose, he relied on the following case

M/S TEXAS INSTRUMENTS INDIA PVT LTD ,BANGALORE vs. ADDITIONAL COMMISSIONER OF INCOME TAX LTU , BANGALORE

In the result, appeal by the Revenue is dismissed

Bench: Shri N. V. Vasudevan & Ms. Padmavathy Sappeal Nos. & Appellant Respondent Assessment Year Acit (Ltu)

delay in filing the appeal is condoned. 39. The following are the grounds of appeal raised by the Revenue in this regard: TP adjustment on SWD segment: a) The Ld. CIT(A) has erred in law in directing that the operating margin decided in the Bilateral APA with USA for the US AE which was decided by the APA authorities

M/S. TEXAS INSTRUMENTS (INDIA) PRIVATE LIMITED,BANGALORE vs. JOINT COMMISSIONER OF INCOME TAX, LTU, BANGALORE

In the result, appeal by the Revenue is dismissed

Bench: Shri N. V. Vasudevan & Ms. Padmavathy Sappeal Nos. & Appellant Respondent Assessment Year Acit (Ltu)

delay in filing the appeal is condoned. 39. The following are the grounds of appeal raised by the Revenue in this regard: TP adjustment on SWD segment: a) The Ld. CIT(A) has erred in law in directing that the operating margin decided in the Bilateral APA with USA for the US AE which was decided by the APA authorities

JOINT COMMISSIONER OF INCOME TAX, LTU, BANGALORE vs. M/S. TEXAS INSTRUMENTS (INDIA) PRIVATE LIMITED, BANGALORE

In the result, appeal by the Revenue is dismissed

Bench: Shri N. V. Vasudevan & Ms. Padmavathy Sappeal Nos. & Appellant Respondent Assessment Year Acit (Ltu)

delay in filing the appeal is condoned. 39. The following are the grounds of appeal raised by the Revenue in this regard: TP adjustment on SWD segment: a) The Ld. CIT(A) has erred in law in directing that the operating margin decided in the Bilateral APA with USA for the US AE which was decided by the APA authorities

M/S. TEXAS INSTRUMENTS (INDIA) PRIVATE LIMITED,BANGALORE vs. JOINT COMMISSIONER OF INCOME TAX, LTU, BANGALORE

In the result, appeal by the Revenue is dismissed

Bench: Shri N. V. Vasudevan & Ms. Padmavathy Sappeal Nos. & Appellant Respondent Assessment Year Acit (Ltu)

delay in filing the appeal is condoned. 39. The following are the grounds of appeal raised by the Revenue in this regard: TP adjustment on SWD segment: a) The Ld. CIT(A) has erred in law in directing that the operating margin decided in the Bilateral APA with USA for the US AE which was decided by the APA authorities

ADDITIONAL COMMISSIONER OF INCOME TAX (LTU) , BANGALORE vs. M/S TEXAS INSTRUMENTS (INDIA) PRIVATE LIMITED , BANGALORE

In the result, appeal by the Revenue is dismissed

Bench: Shri N. V. Vasudevan & Ms. Padmavathy Sappeal Nos. & Appellant Respondent Assessment Year Acit (Ltu)

delay in filing the appeal is condoned. 39. The following are the grounds of appeal raised by the Revenue in this regard: TP adjustment on SWD segment: a) The Ld. CIT(A) has erred in law in directing that the operating margin decided in the Bilateral APA with USA for the US AE which was decided by the APA authorities

JOINT COMMISSIONER OF INCOME-TAX(LTU), BANGALORE vs. M/S. TEXAS INSTRUMENTS(INDIA) PVT. LTD, BANGALORE

In the result, appeal by the Revenue is dismissed

Bench: Shri N. V. Vasudevan & Ms. Padmavathy Sappeal Nos. & Appellant Respondent Assessment Year Acit (Ltu)

delay in filing the appeal is condoned. 39. The following are the grounds of appeal raised by the Revenue in this regard: TP adjustment on SWD segment: a) The Ld. CIT(A) has erred in law in directing that the operating margin decided in the Bilateral APA with USA for the US AE which was decided by the APA authorities

JOINT COMMISSIONER OF INCOME TAX, LTU, BANGALORE vs. M/S. TEXAS INSTRUMENTS (INDIA) PRIVATE LIMITED, BANGALORE

In the result, appeal by the Revenue is dismissed

Bench: Shri N. V. Vasudevan & Ms. Padmavathy Sappeal Nos. & Appellant Respondent Assessment Year Acit (Ltu)

delay in filing the appeal is condoned. 39. The following are the grounds of appeal raised by the Revenue in this regard: TP adjustment on SWD segment: a) The Ld. CIT(A) has erred in law in directing that the operating margin decided in the Bilateral APA with USA for the US AE which was decided by the APA authorities

JOHN DEVELOPERS ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(1), BANGALORE

221) wherein held that loose sheets recovered from the premises of the assessee constitute document within the meaning of explanation under sub-section 4 of section 132 of the Act. 20. We have heard the rival submissions and perused the materials available on record. The lower authorities made the addition by observing as under: As seen from the above, during

YUVA CHINTANA FOUNDATION,BENGALURU vs. INCOME TAX OFFICER, EXEMPTIONS WARD 2, BENGALURU

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

Bench: Shri Laxmi Prasad Sahu & Shri Keshav Dubeyassessment Year : 2021-22

condoning the delay of 110 days in filing the appeal before this Tribunal and admit the same for adjudication. 4. The brief facts of the case are that the assessee trust filed its return of income for the A.Y. 2021-22 on 07/02/2022 declaring net taxable income at Rs. Nil and accordingly claimed refund of Rs. 11,350/- along with

A-KAL TELEVERSE PRIVATE LIMITED,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-7(1)(1) , BANGALORE

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

Bench: Shri Chandra Poojari & Shri Keshav Dubey

condone the delay and admit the appeal for adjudication. 6. Now the brief facts of the case are that the assessee-company is engaged in the business of information technology enabled healthcare services. The assessee Company had filed its return of income for the assessment year 2014-2015 on 25.09.2014 declaring total income of Rs.8,98,94,110/-. Thereafter