M/S. INDUS TRUST ,BENGALURU vs. ACIT, CIRCLE-2(2)(1), BENGALURU

In the result, the appeal of the assessee is partly allowed for\nstatistical purposes

depreciation under section 32(1)(iia). In the light\nof the foregoing discussion, the disallowance of additional depreciation is\nupheld

BOSCH GLOBAL SOFTWARE TECHNOLOGIES PRIVATE LIMITED ,BENGALURU vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1), BANGALORE

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

Bench: Shri Waseem Ahmed & Shri Keshav Dubeyassessment Year: 2016-17

depreciation under section 32(1)(iia) of the Act. The precondition to claim the additional depreciation under section 32(1

M/S MAXIM INDIA INTERGRATED CIRCUIT DESIGN PVT LTD ,BANGALORE vs. THE DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-4(1)(2), BANGALORE

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

Bench: Shri B. R. Baskaran & Smt. Beena Pillai

Section 32(1)(iia), with its proviso, for the purposes of this case, would read as under: 32. (1) In respect of depreciation

M/S. SLING MEDIA PRIVATE LIMITED,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE- 6(1)(1), BANGALORE

In the result, the appeal filed by assessee stands partly allowed

Bench: Shri Chandra Poojari & Smt Beena Pillai

depreciation u/s 32(1)(iia) of the Income tax Act, 1961 Act Page 2 of 13 on the additions made during the relevant Assessment Year to the Block of Assets-`Computers including Computer Software' ii. Denying the benefit of deduction amounting to Rs 7,71,505 under Section

M/S. BOSCH LIMITED,BANGALORE vs. COMMISSIONER OF INCOME TAX, LTU, BENGALURU

In the result, the appeal by the assessee is allowed

Bench: Shri George George K. & Ms. Padmavathy S

depreciation in the second year on the ground that the assets are not acquired and installed during the current year. In this context, the Hon'ble Tribunal after considering the provisions of section 32(1)(iia

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE- 2, LTU, BENGALURU vs. M/S. ROBERT BOSCH ENGINEERING AND BUSINESS SOLUTIONS PRIVATE LIMITED, BANGALORE

In the result, the appeal of the Revenue is hereby dismissed

Bench: Shri Waseem Ahmed & Shri Soundararajan K

depreciation under Section 32(1)(iia) of the Act. 17. The assessee, in its return of income, claimed additional depreciation

ROBERT BOSCH ENGINEERING AND BUSINESS SOLUTIONS PRIVATE LIMITED,BENGALURU vs. THE JOINT COMMISSIONER OF INCOME TAX, LARGE TAX PAYERS UNIT, BANGALORE

In the result, the appeal of the Revenue is hereby dismissed

Bench: Shri Waseem Ahmed & Shri Soundararajan K

depreciation under Section 32(1)(iia) of the Act. 17. The assessee, in its return of income, claimed additional depreciation

M/S. SYNGENE INTERNATIONAL LIMITED,BANGALORE vs. JOINT COMMISSIONER OF INCOME TAX, SPECIAL RANGE- 6, BANGALORE

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

Bench: Shri Chandra Poojari & Shri George George K.Assessment Year: 2010-11

depreciation under section 32(1)(iia) should automatically be allowed. Since the depreciation under section 32(1)(i) is allowed

HASSAN CO-OPERATIVE MILK PRODUCERS SOCIETIES UNION LIMITED,HASSAN vs. ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE-1, HASSAN

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

Bench: Shri George George K & Shri Waseem Ahmedassessment Years: 2017-18

depreciation under section 32(1)(iia) of the Act and added to the total income of the assessee. On appeal

M/S HASSAN CO-OPERATIVE MILK PRODUCERS SOCIETIES UNION LTD ,HASSAN vs. THE ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-1, HASSAN

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

Bench: Shri N.V. Vasudevan & Shri B.R. Baskaranassessment Year: 2014-15

depreciation on machineries used for the purpose of manufacture or production of articles or thing. 7. We heard the rival contentions on this issue and perused the record. The provisions of section 32(1)(iia

M/S. JSW STEEL PROCESSING CENTRES LTD,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-4(1)(6), BANGALORE

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

Bench: Shri George George K & Shri Laxmi Prasad Sahuassessment Year : 2013-14

section 32(1)(iia) of the Act which reads as under: “32: Depreciation: (1)(i)…. (ii)…. (iia) in the case

TEXAS INSTRUMENTS (INDIA) PRIVATE LIMITED,BANGALORE vs. CIT, BANGALORE

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

Bench: Shri N.V. Vasudevan & Shri B R Baskaranit(Tp)A No.731/Bang/2016 Assessment Year: 2009-10 M/S. Texas Instruments (India) Private Limited, Vs. The Additional Commissioner Of Bagmane Tech Park, Income Tax, Ltu, No.66/3, Adjacent To Lrde, Bangalore. Byrasandra, C V Raman Nagar, Bangalore – 560 093. Pan: Aaact 5445M Appellant Respondent Assessee By : Shri. Sharath Rao, Ca Revenue By : Shri. Pradeep Kumar, Cit (Dr) (Itat), Bengaluru. Date Of Hearing : 6.1.2020 Date Of Pronouncement : 7.1.2020

section 263 of the Act, was of the view that the Assessment Order passed by he AO was erroneous and prejudicial to the interest of the revenue for the reason that the Assessee had claimed additional depreciation on plant and machinery under sec 32(1)(iia

SRI. SATISH RAJAPUR,HOSPET vs. DCIT, BELLARY

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

Bench: Shri Vijay Pal Rao & Shri Jason P. Boaz, Assessment Year : 2008-09

depreciation as provided under Section 32(1)(iia) of the Act. 3. The learned CIT (Appeals) further erred in upholding

BANGALORE INTERNATIONAL AIRPORT LTD.,,BANGALORE vs. DCIT, BANGALORE

In the result, the assessee’s appeal is partly allowed for statistical purposes

Bench: Shri Vijay Pal Rao & Shri Inturi Rama Raobangalore International Airport Ltd. Administration Block, Bial, Devanahalli Bangalore-560 300. … Appellant Pan:Aabc8973D Vs. Deputy Commissioner Of Income-Tax, Circle 11(2), Bangalore. … Respondent & Deputy Commissioner Of Income-Tax, Circle 11(2), Bangalore. … Appellant Vs. Bangalore International Airport Ltd. Bangalore-560 300. … Respondent

32. One more aspect needs to be mentioned. Section 43(1) defines actual cost for the purpose of grant of depreciation etc. to mean "the actual cost of the assets to the assessee". Till the insertion of the unamended section 43A there was no provision in the Income-tax Act for adjustment of the actual cost which was fixed once

DCIT, BANGALORE vs. M/S BANGALORE INTERNATIONAL AIRPORT LTD.,, BANGALORE

In the result, the assessee’s appeal is partly allowed for statistical purposes

Bench: Shri Vijay Pal Rao & Shri Inturi Rama Raobangalore International Airport Ltd. Administration Block, Bial, Devanahalli Bangalore-560 300. … Appellant Pan:Aabc8973D Vs. Deputy Commissioner Of Income-Tax, Circle 11(2), Bangalore. … Respondent & Deputy Commissioner Of Income-Tax, Circle 11(2), Bangalore. … Appellant Vs. Bangalore International Airport Ltd. Bangalore-560 300. … Respondent

32. One more aspect needs to be mentioned. Section 43(1) defines actual cost for the purpose of grant of depreciation etc. to mean "the actual cost of the assets to the assessee". Till the insertion of the unamended section 43A there was no provision in the Income-tax Act for adjustment of the actual cost which was fixed once

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE- 4(1)(1), BANGALORE vs. M/S. KARNATAKA POWER CORPORATION LIMITED, BANGALORE

In the result, both the appeals of the revenue and the assessee are dismissed

Bench: Shri N.V. Vasudevan & Shri B.R. Baskaranassessment Year: 2010-11

section 32(1)(iia) by the Finance Act, 2012 to include the business of generation and distribution of power to the benefit of additional depreciation

M/S. KARNATAKA POWER CORPORATION LIMITED,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE- 11(5), BANGALORE

In the result, both the appeals of the revenue and the assessee are dismissed

Bench: Shri N.V. Vasudevan & Shri B.R. Baskaranassessment Year: 2010-11

section 32(1)(iia) by the Finance Act, 2012 to include the business of generation and distribution of power to the benefit of additional depreciation

SRI SRINIVASA EDUCATIONAL & CHARITABLE TRUST,BANGALORE vs. DCIT, CENTRAL CIRCLE-2(3), BANGALORE

iia) of sub-section (1) of\nsection 132 ?\n(4) Afford the authorised officer necessary facility to look into the electronic\nrecord as provided under clause (iib) of sub-section (1) of section 132 ?\n(5) Seized any book of account, other documents, money, bullion, jewellery,\netc. ?\n(6) Placed any marks of identification, on any books of account, other