VEERENDRA KUMAR PATIL,BENGALURU vs. DEPUTY COMMISSIONER OF INCOME, CENTRAL CIRCLE-1(2), BANGALORE

In the result, the appeal of the assessee for AY 2013-14 is partly allowed

Bench: Shri. Laxmi Prasad Sahu & Shri. Soundararajan K

148 of the Act declaring income of Rs.44,60,860/- as declared in return filed u/s 139(1) of the Act which was not e- verified. In this regard, questionnaire under section 142(1) fo the Act dated 18.10.2021 was communicated to the assessee for compliance for the Assessment Year under consideration. Further a notice dated 22.02.2022 was issued

VEERENDRA KUMAR PATIL,BENGALURU vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(2), BANGALORE

In the result, appeals filed by the assessee are partly allowed in above\nterms

148 of the Act declaring income of\nRs.44,60,860/- as declared in return filed u/s 139(1) of the Act which was not e-\nverified. In this regard, questionnaire under section 142(1) fo the Act dated\n18.10.2021 was communicated to the assessee for compliance for the\n Assessment Year under consideration. Further a notice dated 22.02.2022 was\nissued

VEERENDRA KUMAR PATIL,BENGALURU vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(2), BANGALORE

In the result, the appeal of the assessee for AY 2013-14 is partly allowed

disallowance\nof interest at para NO. 9.2, 9.3 & 9.4 of his order but while assessing the income\nthere is no addition made on the assessed income, hence, we will not adjudicate\nthis ground No. 9 on this issue.\nAggrieved from the above Order, assessee filed appeal before the CIT(A).\nThe legal grounds challenging the notice issued under section 148

KOGOD BASAVARAJU JAYACHANDRA ,HASSAN vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(2), BANGALORE

In the result the ITA No

Bench: Shri. Laxmi Prasad Sahu & Shri. Soundararajan K

disallowance of interest was not added and loss ITA Nos.1617 and 1618/Bang/2024 Page 7 of 45 claimed in the return was disallowedAccordingly, the AO completed the assessment on 24.03.2022. 4. Aggrieved from the above Order, assessee filed appeal before the CIT(A). The legal grounds challenging the notice issued under section 148

THE UNITED THEOLOGICAL COLLEGE,BANGALORE vs. INCOME-TAX OFFICER, (EXEMPTIONS), WARD-2, BENGALURU

In the result, the appeal of the assessee is allowed

Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year: 2010-11

148 of the Act by the ACIT Income tax (Exemptions), Circle 01, Bangalore after allegedly obtaining approval from the CIT(Exemptions), Circle -1, Bangalore. The learned Assessing officer held that the assessee had made investments in contravention to the provisions of section 11(5) of the Act and consequently disallowed

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(3), BENGALURU vs. COFFEE DAY ENTERPRISES LIMITED, BENGALURU

In the result, all the COs by assessee in CO\nNos

148", "Section 153A", "Section 143(3)", "Section 154", "Section 234B", "Section 234D", "Section 32(1)(iia)", "Section 2(29A)", "Section 147"], "issues": "Whether disallowance

DCIT, CENTRAL CIRCLE-1(3), BENGALURU, BENGALURU vs. COFFEE DAY GLOBAL LIMITED, BENGALURU

In the result, all the COs by assessee in CO\nNos

148", "Section 153A", "Section 143(3)", "Section 154", "Section 234B", "Section 234D", "Section 32(1)(iia)", "Section 2(29A)", "Section 147" ], "issues": "The primary issue was whether disallowance

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)

disallowance made by the Learned AO under Section\n14A without recording the satisfaction is bad and invalid.\n7.\nBased on the above submissions, it is humbly prayed that the\nimpugned order for AY 2017-18 may be quashed.\n Assessment Years 2018-19 to 2020-21:\n1.\nIt is submitted that the Assessee's Appeal in ITA Nos.645

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

disallowance made by the Learned AO under Section\n14A without recording the satisfaction is bad and invalid.\n7.\nBased on the above submissions, it is humbly prayed that the\nimpugned order for AY 2017-18 may be quashed.\n Assessment Years 2018-19 to 2020-21:\n1.\nIt is submitted that the Assessee's Appeal

VIVIDHODHESHA PRATHAMIKA GRAMINA KRUSHI SAHAKARA SANGHA NI GEJJALAGERE ,MANDYA vs. INCOME TAX OFFICER, WARD-1 & TPS, , MANDYA

In the result appeal of the assessee is partly allowed

Bench: Shri Waseem Ahmedassessment Year: 2018-19

disallowances made by the AO. The relevant finding of the learned CIT(A) is extracted as under: 5.2 As per provision of section 80AC of the Act, if the assessee makes his claim for deduction under section 80P in a return filed within time under sections 139(4), 142(1) or section 148

KOGOD BASAVARAJU JAYACHANDRA ,HASSAN vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(2), BANGALORE

In the result the ITA No

disallowance of interest was not added and loss\nclaimed in the return was disallowedAccordingly, the AO completed the\nassessment on 24.03.2022.\n\n4.\nAggrieved from the above Order, assessee filed appeal before the CIT(A).\nThe legal grounds challenging the notice issued under section 148

SMT. NISHITA NANDISH ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(2), BANGALORE

In the result, the appeal of the assessee for AY 2013-14 is partly allowed

Bench: Shri. Laxmi Prasad Sahu & Shri. Soundararajan K

disallowance of interest aws not added Accordingly, the AO completed the assessment on 24.03.2022. ITA Nos.1614 to 1616/Bang/2024 Page 10 of 29 6. Aggrieved from the above Order, assessee filed appeal before the CIT(A). The legal grounds challenging the notice issued under section 148

SMT. NISHITA NANDISH,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(2), BANGALORE

In the result, the appeal of the assessee for AY 2013-14 is partly allowed

Bench: Shri. Laxmi Prasad Sahu & Shri. Soundararajan K

disallowance of interest aws not added Accordingly, the AO completed the assessment on 24.03.2022. ITA Nos.1614 to 1616/Bang/2024 Page 10 of 29 6. Aggrieved from the above Order, assessee filed appeal before the CIT(A). The legal grounds challenging the notice issued under section 148

SMT. NISHITA NANDISH,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(2), BANGALORE

In the result, the appeal of the assessee for AY 2013-14 is partly allowed

Bench: Shri. Laxmi Prasad Sahu & Shri. Soundararajan K

disallowance of interest aws not added Accordingly, the AO completed the assessment on 24.03.2022. ITA Nos.1614 to 1616/Bang/2024 Page 10 of 29 6. Aggrieved from the above Order, assessee filed appeal before the CIT(A). The legal grounds challenging the notice issued under section 148

DCIT, CENTRAL CIRCLE-1(3), BENGALURU, BENGALURU vs. COFFEE DAY ENTERPRISES LIMITED, BENGALURU

In the result, all the COs by assessee in CO\nNos

disallowance under Section 14A of the Income Tax Act. The assessee also filed Cross Objections challenging the reopening of assessment. A search action under Section 132 was conducted, leading to notices under Section 148

DCIT, CENTRAL CIRCLE-1(3), BENGALURU, BANGALORE vs. COFFEE DAY GLOBAL LIMITED, BANGALORE

In the result, all the COs by assessee in CO\nNos

sections": [ "14A", "Rule 8D", "143(3)", "147", "148", "153A", "234B", "234D", "32(1)(iia)" ], "issues": "Whether disallowance under Section 14A is permissible

DCIT, CENTRAL CIRCLE-1(3), BENGALURU, BENGALURU vs. COFFEE DAY ENTERPRISES LIMITED, BENGALURU

In the result, all the COs by assessee in CO\nNos

disallowance under section 14A can be made, citing a High Court ruling. The Tribunal also addressed issues related to additional depreciation and the scope of section 153A in cases of search.", "result": "Allowed", "sections": [ "14A", "8D", "132", "148

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

In the result, all the appeals filed by the assessee are allowed

disallowance made by the Learned AO under Section\n14A without recording the satisfaction is bad and invalid.\n\n7.\nBased on the above submissions, it is humbly prayed that the\nimpugned order for AY 2017-18 may be quashed.\n\n Assessment Years 2018-19 to 2020-21:\n\n1.\nIt is submitted that the Assessee's Appeal

DCIT, CENTRAL CIRCLE-1(3), BENGALURU, BENGALURU vs. COFFEE DAY GLOBAL LIMITED, BENGALURU

disallowance of expenses under Section 14A of the Income Tax Act, 1961, read with Rule 8D. A search action was conducted in the premises of M/s. Coffee Day Enterprises Ltd. Consequently, notices were issued under Sections 148