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5 results for “disallowance”+ Section 44Aclear

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Key Topics

Section 1111Section 2(15)6Section 143(3)5Section 271(1)(c)4Exemption4Deduction4Set Off of Losses3Carry Forward of Losses3Section 11(1)(a)2

SRI. PATIL KADPAKAL GARJAN,,SHIMOGA vs. ADDITIONAL COMMISSIONER OF INCOME TAX, SHIMOGA

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

ITA 874/BANG/2017[2009-10]Status: DisposedITAT Bangalore09 Jun 2017AY 2009-10

Bench: Shri Vijay Pal Rao

For Appellant: Shri V. Srinivasan, AdvocateFor Respondent: Shri M.K. Biju, JCIT (DR) (ITAT)-3, Bengaluru
Section 271(1)(c)Section 44A

disallowances therefore penalty proceedings under Section 271(1)(c) of the Income Tax Act, 1961 (in short 'the Act') is initiated separately. The assessee 4 challenged the action of the Assessing Officer before the CIT (Appeals) and submitted that the assessee agreed to the addition on estimation of income at 12.5% with the condition that the Assessing Officer

DEPUTY DIRECTOR OF INCOME TAX (EXEMPTION), BANGALORE vs. OHIO UNIVERSITY CHRIST COLLEGE ACADEMY FOR MANAGEMENT EDUCATION, BANGALORE

In the result, Revenue’s appeals for both Assessment Years 2008-09 and 2009-10 are dismissed

Disallowance2
Addition to Income2
Charitable Trust2
ITA 1075/BANG/2014[2008-09]Status: DisposedITAT Bangalore09 Oct 2015AY 2008-09
For Appellant: Dr.P.K. Srihari, Addl. CIT (D.R.)For Respondent: Shri K.R. Vasudevan, Advocate
Section 11Section 12ASection 143(1)Section 143(3)

Section 11 of the Act even though the amounts were disbursed by the Trust after the accounting year. Further, the amounts debited to the income and expenditure account but which were not actually disbursed were shown as liabilities in the balance sheet. The Hon'ble Andhra Pradesh High Court which upholding the decision of the Hyderabad Bench of the Tribunal

DCIT, UDUPI vs. M/S MANIPAL ACADEMY OF HIGHER EDUCATION, MANIPAL

In the result, the appeal of the revenue is dismissed

ITA 658/BANG/2014[2011-12]Status: DisposedITAT Bangalore24 Jul 2015AY 2011-12

Bench: Shri Vijay Pal Rao & Shri Jason P Boaz

For Appellant: Shri Sajjan Kumar Tulsiyan, AdvocateFor Respondent: Shri Farhat Hussain Qureshi, CIT-II
Section 268A

disallowed the claim of depreciation on the ground that it would amount to double deduction. We find that the Hon’ble Kerala High Court in case of Lissie Medical Institute (Supra) held that the claim of depreciation on capital expenditure for acquiring of the asset would amount to double deduction when the assessee has already 9 ITA No.658

DEPUTY COMMISSIONER OF INCOME TAX (EXEMPTIONS), CIRCLE-1, BENGALURU vs. KARNATAKA INDUSTRIAL AREAS DEVELOPMENT BOARD, BENGALURU

In the result, both the appeals filed by revenue are dismissed

ITA 577/BANG/2021[2009-10]Status: DisposedITAT Bangalore05 Jan 2022AY 2009-10

Bench: Shri. Chandra Poojari & Smt. Beena Pillai

For Appellant: Shri
Section 11Section 11(1)(a)Section 143(3)Section 2(15)

section 11(1)(a) takes place in the year in which the income is adjusted to meet the expenses incurred for charitable or religious purpose. Hence even if the expenses for such purposes have been incurred in the earlier years and the said expenses are adjusted against the income of a subsequent year, the income of such subsequent year

DEPUTY COMMISSIONER OF INCOME TAX (EXEMPTIONS), CIRCLE-1, BENGALURU vs. KARNATAKA INDUSTRIAL AREAS DEVELOPMENT BOARD, BENGALURU

In the result, both the appeals filed by revenue are dismissed

ITA 578/BANG/2021[2010-11]Status: DisposedITAT Bangalore05 Jan 2022AY 2010-11

Bench: Shri. Chandra Poojari & Smt. Beena Pillai

For Appellant: Shri
Section 11Section 11(1)(a)Section 143(3)Section 2(15)

section 11(1)(a) takes place in the year in which the income is adjusted to meet the expenses incurred for charitable or religious purpose. Hence even if the expenses for such purposes have been incurred in the earlier years and the said expenses are adjusted against the income of a subsequent year, the income of such subsequent year