THE KARNATAKA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK ,BENGALURU vs. INCOME-TAX OFFICE, WARD-5(2)(1), BENGALURU

In the result, the appeals filed by the assessee stands partly\nallowed as indicated herinabove

B..\nBENGALURU\nReg. No. 10201\n* A\nOVT. OF IND\n11 DEC 2023\nB. C. SATEESH\nDeponent\nHe submitted that in the interest of justice, the condonation may\nbe granted to assessee for the issues in the present appeals to be\nconsidered on merits.\nPage 11 of 48\nITA Nos. 1052 to 1060/Bang/2023\nThe Ld.AR submitted that all the affidavits

THE KARNATAKA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK,BENGALURU vs. INCOME TAX OFFICER, WARD-5(2)(1), BANGALORE

In the result, the appeals filed by the assessee stands partly\nallowed as indicated herinabove

B..\nBENGALURU\nReg. No. 10201\n* A\nOVT. OF IND\n11 DEC 2023\nB. C. SATEESH\nDeponent\nHe submitted that in the interest of justice, the condonation may\nbe granted to assessee for the issues in the present appeals to be\nconsidered on merits.\nPage 11 of 48\nITA Nos. 1052 to 1060/Bang/2023\nThe Ld.AR submitted that all the affidavits

THE KARNATAKA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK,BENGALURU vs. INCOME TAX OFFICER, WARD-5(2)(1) , BANGALORE

B..\nBENGALURU\nReg. No. 10201\n* A\nOVT. OF IND\n11 DEC 2023\nB. C. SATEESH\nDeponent\nHe submitted that in the interest of justice, the condonation may\nbe granted to assessee for the issues in the present appeals to be\nconsidered on merits.\nPage 11 of 48\nITA Nos. 1052 to 1060/Bang/2023\nThe Ld.AR submitted that all the affidavits

THE KARNATAKA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK,BENGALURU vs. INCOME TAX OFFICER, WARD-5(2)(1), BANGALORE

In the result, the appeals filed by the assessee stands partly\nallowed as indicated herinabove

delay in filing the above appeals before this\nTribunal stands condoned.\n\n5. The Ld.AR submitted that the order of the Ld.CIT(A) dated\n11.05.2023 impugned in ITA No.1054/Bang/2023 was signed at\n17.28 hours, while the order impugned in ITA No.\n1053/Bang/2023 was signed at 17.38 hours on the same day. It\nis submitted that both the orders are identical

THE KARNATAKA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK,BENGALURU vs. INCOME TAX OFFICER, WARD- 5(2)(1), BANGALORE

In the result, the appeals filed by the assessee stands partly\nallowed as indicated herinabove

B..\nBENGALURU\nReg. No. 10201\n* A\nOVT. OF IND\n11 DEC 2023\nB. C. SATEESH\nDeponent\nHe submitted that in the interest of justice, the condonation may\nbe granted to assessee for the issues in the present appeals to be\nconsidered on merits.\nPage 11 of 48\nITA Nos. 1052 to 1060/Bang/2023\nThe Ld.AR submitted that all the affidavits

THE KARNATAKA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK,BENGALURU vs. INCOME-TAX OFFICER, WARD-5(2)(1), BANGALORE

In the result, the appeals filed by the assessee stands partly\nallowed as indicated herinabove

B..\nBENGALURU\nReg. No. 10201\n* A\nOVT. OF IND\n11 DEC 2023\nB. C. SATEESH\nDeponent\nHe submitted that in the interest of justice, the condonation may\nbe granted to assessee for the issues in the present appeals to be\nconsidered on merits.\nPage 11 of 48\nITA Nos. 1052 to 1060/Bang/2023\nThe Ld.AR submitted that all the affidavits

THE KARNATAKA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK,BENGALURU vs. INCOME TAX OFFICER, WARD-5(2)(1), BANGALORE

In the result, the appeals filed by the assessee stands partly\nallowed as indicated herinabove

B..\nBENGALURU\nReg. No. 10201\n*A\nOVT. OF IND\n11 DEC 2023\nB. C. SATEESH\nDeponent\nHe submitted that in the interest of justice, the condonation may\nbe granted to assessee for the issues in the present appeals to be\nconsidered on merits.\nPage 11 of 48\nITA Nos. 1052 to 1060/Bang/2023\nThe Ld.AR submitted that all the affidavits

THE KARNATAKA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK,BENGALURU vs. THE INCOME TAX OFFICER, WARD-5(2)(1), BANGALORE

In the result, the appeals filed by the assessee stands partly\nallowed as indicated herinabove

B..\nBENGALURU\nReg. No. 10201\n* A\nOVT. OF IND\n11 DEC 2023\nB. C. SATEESH\nDeponent\nHe submitted that in the interest of justice, the condonation may\nbe granted to assessee for the issues in the present appeals to be\nconsidered on merits.\nPage 11 of 48\nITA Nos. 1052 to 1060/Bang/2023\nThe Ld.AR submitted that all the affidavits

ITO, WARD-3(1)(3), BANGALORE, KORAMANGALA, BANGALORE vs. IRUNWAY INDIA PVT LTD, BANAGLORE

In the result, CO filed by the assessee is dismissed

condone the delay and the appeal is admitted for\nadjudication.\n\n6. Facts of the case are that during the course of assessment\nproceedings, it was noted by the AO that the appellant had received large\nshare premium during the concerned year in question. Various notices\nwere issued from time to time and were complied by the appellant. On\nperusal

THE KARNATAKA STATE CO-OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK,BENGALURU vs. INCOME TAX OFFICER, WARD-5(2)(1), BANGALORE

In the result, the appeals filed by the assessee stands partly\nallowed as indicated herinabove

delay in filing the above appeals before this\nTribunal stands condoned.\n5. The Ld.AR submitted that the order of the Ld.CIT(A) dated\n11.05.2023 impugned in ITA No.1054/Bang/2023 was signed at\n17.28 hours, while the order impugned in ITA No.\n1053/Bang/2023 was signed at 17.38 hours on the same day. It\nis submitted that both the orders are identical (except

M/S. RMZ HOTELS PRIVATE LIMITED,BANGALORE vs. NATIONAL E-ASSESSMENT CENTRE, DELHI

In the result, the appeal of the assessee is allowed

Bench: Shri Chandra Poojariassessment Year: 2018-19

condone the above delay and admit the appeal for adjudication. 4. The first ground for our consideration is with regard to the disallowance of Rs.99,02,829/-, which is claimed by assessee as an interest payment. The assessee in the year under consideration advanced a sum of Rs.41 crores towards purchase of shares. The AO questioned the sources of Rs.41

INTACT DEVELOPERS PRIVATE LIMITED,BANGALORE vs. DCIT, CENTRAL CIRCLE-1(2), BANGALORE

Accordingly, the appeals of the assessee for the AY 2015-16\nto AY 2017-18 are allowed

56,549/-\n2017-18\n24.09.2019\nRs.23,01,559/-\nRs.19,33,025/-\nRs.42,34,584/-\n6.\nAggrieved by the assessment completed u/s.144 r.w.s 147 of\nthe Act dated 24/09/2019, the assessee preferred an appeal before\nthe CIT(A)-11, Bengaluru.\n7.\nThe ld.CIT(A)-11, Bengaluru, dismissed all the appeals of the\nassessee on the ground that the assessee had only

INTACT DEVELOPERS PRIVATE LIMITED,BANGALORE vs. DCIT, CENTRAL CIRCLE-1(2), BANGALORE

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

56,549/- 2017-18 24.09.2019 Rs.23,01,559/- Rs.19,33,025/- Rs.42,34,584/- 6. Aggrieved by the assessment completed u/s.144 r.w.s 147 of the Act dated 24/09/2019, the assessee preferred an appeal before the CIT(A)-11, Bengaluru. ITA Nos.823 to 824/Bang/2025 Intact Developers Pvt. Ltd., Bangalore Page 8 of 23 7. The ld.CIT(A)-11, Bengaluru, dismissed

INTACT DEVELOPERS PRIVATE LIMITED ,BANGALORE vs. DCIT, CENTRAL CIRCLE-1(2), BANGALORE

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

56,549/- 2017-18 24.09.2019 Rs.23,01,559/- Rs.19,33,025/- Rs.42,34,584/- 6. Aggrieved by the assessment completed u/s.144 r.w.s 147 of the Act dated 24/09/2019, the assessee preferred an appeal before the CIT(A)-11, Bengaluru. ITA Nos.823 to 824/Bang/2025 Intact Developers Pvt. Ltd., Bangalore Page 8 of 23 7. The ld.CIT(A)-11, Bengaluru, dismissed

M/S. BHARAT BEEDI WORKS PRIVATE LIMITED,MANGALURU vs. DEPUTY COMMISIONER OF INCOME TAX, CENTRAL CIRCLE - 2, MANGALURU

In the result, the appeals filed by the assessee for all the four A

Bench: SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER\nAND\nSHRI SOUNDARARAJAN K. (Judicial Member)

Section 153D despite\nthe Learned AO's erroneous statement that the case of the\nassessee was centralized with the DCIT Central Circle-2, vide\nOrder of the Pr. CIT, Mangalore in F.No./C-13/Pr.CIT/MNG/2020-\n21 dated 28.07.2021 in all the assessment orders for AYs\n2017-18 to 2020-21. As per the department's own records, the\ncentralization was ordered

SURENDRA LAXMANRAO VAIDYA,GADAG vs. INCOME TAX OFFICER, WARD-2, GADAG

In the result, the appeal of assessee is allowed

Bench: Shri A.K. Garodia & Shri Pavan Kumar Gadaleshri Surendra Laxmanrao Vaidya, Kariyamma Kallu Badavane, Near Hatalgeri Naka, Gadag. ….Appellant Pan Avupv2546H Vs. Income Tax Officer, Ward 2, Gadag. ……Respondent.

condoned and the appeal is admitted and heard. 2. The assessee has raised the following grounds of appeal : 3 3. The Brief facts of the case are that the assessee is an employee of Karnataka Vikas Grameena Bank and filed the Return of Income electronically on 25.3.2013 with total income of Rs.6,13,770. In the Return of Income filed

M/S. BHARAT BEEDI WORKS PRIVATE LIMITED,MANGALURU vs. DEPUTY COMMISIONER OF INCOME TAX, CENTRAL CIRCLE - 2, MANGALURU

2 Pg.\n629}.\n4.11. Hence the approval under Section 153D dated 28.09.2021 is bad\nand invalid. Consequently, the assessment orders for the AYs 2018-\n19, 2019-20 and 2020-21 are bad and invalid without valid\napproval under Section 153D.\n5. As regards revised return filed being invalid and contrary to\nSection 139(5)\n5.1. The Assessee filed the original

THE KARNATAKA STATE REGN AND STAMPS DEPARTMENT OFFICIALS MULTI-PURPOSE CO-OP SOCIETY LIMITED ,BENGALURU vs. ACIT, CIRCLE-2(1)(1), BENGALURU

In the result, Appeal filed by the Assessee is allowed

B' BENCH : BANGALORE\n\nBEFORE SHRI PRASHANT MAHARISHI, VICE – PRESIDENT\nAND\nSHRI SANDEEP SINGH KARHAIL, JUDICIAL MEMBER\n\nITA No. 1518/Bang/2025\n Assessment Year : 2017-18\n\nM/s. The Karnataka State\nRegn and Stamps Department\nOfficials Multi-purpose Co-op\nSociety Ltd.,\nNo. 13/A, 8th Main Road,\n4th Block, Rajajinagar,\nBengaluru - 560 010\nPAN: AAATT1708N\nAPPELLANT\nVs.\nThe Assistant Commissioner