NAVJYOTI SHARMA,BANGALORE vs. DCIT ASMNT, BANGALORE

In the result appeal filed by the assessee is allowed

Bench: Shri Prashant Maharishi & Shri Keshav Dubey

disallowing the deduction u/s. 54 of the Act is that the IT(IT)A No.235/Bang/2025 Navjyoti Sharma, Bangalore Page 7 of 14 assessee had sold the property on 07/09/2015 whereas the registered sale deed of newly purchased property was on 10/01/2019 which was clearly beyond the two years’ timelines as per section

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

GOBINDRAM CHANDRAMANI VIVEK,BANGALORE vs. INCOME TAX OFFICER - WARD 1(1), BANGALORE, BANGALORE

In the result, the appeal of the assessee is allowed for statistical purposes, in the manner indicated in this order

Bench: Mrs. Beena Pillai & Shri Ramit Kochar

Section 54 and 54F, and disallowed the claim of deduction u/s 54 and 54F. 13. Aggrieved, the assessee filed second

M/S INFOSYS LTD ,BANGALOR E vs. THE ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-3(1)(1), BANGALORE

In the result, the appeal filed by the assessee as well as by revenue are partly allowed for statistical purposes

Bench: Shri N.V. Vasudevan & Shri Chandra Poojariit(Tp)A No.735/Bang/2018 Assessment Year: 2013-14

section 80JJAA being disallowed. 17.1. The Ld.AR submitted that copy of the Audit report under section 80JJAA, being Form No. 10DA was submitted to the Ld.AO vide submission dated 28.5.2014. The Ld.AO thereafter called upon assessee to justify the allowability of deduction under section 80JJAA. The assessee explained in detail as to why deduction under section 80JJAA should be allowed

DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-3(1)(1), BANGALORE vs. M/S INFOSYS LIMITED , BANGALORE

In the result, the appeal filed by the assessee as well as by revenue are partly allowed for statistical purposes

Bench: Shri N.V. Vasudevan & Shri Chandra Poojariit(Tp)A No.735/Bang/2018 Assessment Year: 2013-14

section 80JJAA being disallowed. 17.1. The Ld.AR submitted that copy of the Audit report under section 80JJAA, being Form No. 10DA was submitted to the Ld.AO vide submission dated 28.5.2014. The Ld.AO thereafter called upon assessee to justify the allowability of deduction under section 80JJAA. The assessee explained in detail as to why deduction under section 80JJAA should be allowed

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3(1)(1), BENGALURU, BENGALURU vs. INFOSYS LIMITED, BENGALURU

In the result, appeal filed by the assessee is partly allowed and the appeal filed by the revenue is dismissed

Bench: Shri Waseem Ahmed & Shri Keshav Dubeyassessment Year: 2019-20

disallowed the foreign tax credit related to incomes eligible for deduction under section 10AA for the reason that the decision of Karnataka High Court in the case of Wipro Ltd v DCIT 382 ITR 179 which has allowed the foreign tax credit related to incomes eligible for deduction under section 10AA has been challenged before the Hon’ble Supreme Court

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

INFOSYS LIMITED,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE-3(1)(1), BANGALORE

In the result, appeal filed by the assessee is partly allowed and the\nappeal filed by the revenue is dismissed

Bench: Shri Waseem Ahmed\Nand\Nshri Keshav Dubey\N\N\Nita No. 881/Bang/2023\N Assessment Year: 2019-20\N\Ninfosys Limited\Nplot 44, Konappana Agrahara\Nhosur Road, Konappana\Nbangalore - 560100\Nkarnataka\N\Npan: Aaaci4798L\N\Nappellant\N\Nvs.\N\Ndy. Commissioner Of Income Tax\Ncircle - 3(1)(1)\Nbmtc Building, 80 Feet Road\Nkoramangala, Bangalore – 560095\Nkarnataka\N\Nrespondent\N\Nita No. 245/Bang/2024\N Assessment Year: 2019-20\N\Njt. Commissioner Of Income Tax (Osd)\Ncircle - 3(1)(1)\Nroom No. 241, 2Nd Floor\Nbmtc Building, 80 Feet Road\N6Th Block, Koramangala\Nbangalore - 560095\Nkarnataka\N\Nvs.\N\Ninfosys Limited\Nplot 44, Konappana Agrahara\Nhosur Road, Konappana\Nbangalore - 560100\Nkarnataka\N\Npan: Aaaci4798L\N\Nappellant\N\Nrespondent\N\Nassessee By\Ndepartment By\N\Nsri Padam Chand Khincha – Ca\Nsmt. Srinandini Das – Cit - Dr\N\Ndate Of Hearing\Ndate Of Pronouncement:\N\N09.05.2025\N06.08.2025\N\Norder\N\Nper Keshav Dubey:\N\Nthese Cross Appeals Are Filed Against The Order Of Ld. Commissioner Of\Nincome Tax (Appeals), National Faceless Appeal Centre, Delhi [In Short \"Ld.\Ncit(A)/Nfac] Vide Din & Order No. Itba/Nfac/S/250/2023-24/1056786183(1) Dated 05.10.2023 Passed U/S.250 Of The Income Tax\Nact, 1961 (In Short “The Act\") For The A.Y.2019-20.\N\Npage 2 Of 34\N\N2. The Assessee Has Raised The Following Grounds Of Appeal: - \N\N\"1.\N\Ngeneral Ground\N\N1.

disallowed the foreign tax credit related to incomes\neligible for deduction under section 10AA for the reason that the decision of\nKarnataka High Court in the case of Wipro Ltd v DCIT 382 ITR 179 which\nhas allowed the foreign tax credit related to incomes eligible for deduction\nunder section 10AA has been challenged before the Hon'ble Supreme Court

BHARAT ELECTRONICS LIMITED,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX, LARGE PAYERS TAX UNIT, CIRCLE-1, BANGALORE

In the result, appeal of the assessee is partly allowed

disallowance of\nRs.7,32,05,792/- towards the expenditure made u/s 35 (2AB) of the\nAct.\n7.1\nThe ld. A.R. submitted that the Assessee being engaged in the\nbusiness of manufacture and sale of professional-grade electronic\nequipment incurred in-house scientific research expenditure eligible\nfor deduction under Section_35{2AB) of the Act. Given this, it had\nclaimed

M/S. UNITED BREWERIES LIMITED,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 7(1)(1), BANGALORE

In the result, the appeals of the assessee are partly allowed for statistical purposes

Bench: Shri Chandra Poojari & Smt. Beena Pillai

Disallowance under section 14A of the Act 2,54,85,000 Depreciation on goodwill 88,72,487 Disallowance of digital

UNITED BREWERIES LIMITED,BANGALORE vs. JOINT COMMISSIONER OF INCOME TAX, SPECIAL RANGE- 7, BANGALORE

In the result, the appeals of the assessee are partly allowed for statistical purposes

Bench: Shri Chandra Poojari & Smt. Beena Pillai

Disallowance under section 14A of the Act 2,54,85,000 Depreciation on goodwill 88,72,487 Disallowance of digital

DCIT, CIRCLE 1(1) & TPS, MANGALURU vs. NEW MANGALORE PORT AUTHORITY, MANGALURU

In the result, the appeal of the Revenue on this for the Assessment Years

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

section 14A of the Income Tax Act (hereinafter called ‘the Act’) ITA Nos.723 to 727/Bang/2025 482 to 486/Bang/2025 Page 3 of 14 Ground Nos.3 and 4: 73,67,67,243/- Disallowance of interest on reserve fund 5. 727/Bang/2025 ITBA/NFAC/S/250/2024- Ground Nos.1 and 2: 54

NEW MANGALORE PORT AUTHORITY,MANGALORE vs. DCIT, CIRCLE-1 & TPS, MANGALORE

In the result, the appeal of the Revenue on this for the Assessment Years

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

section 14A of the Income Tax Act (hereinafter called ‘the Act’) ITA Nos.723 to 727/Bang/2025 482 to 486/Bang/2025 Page 3 of 14 Ground Nos.3 and 4: 73,67,67,243/- Disallowance of interest on reserve fund 5. 727/Bang/2025 ITBA/NFAC/S/250/2024- Ground Nos.1 and 2: 54

DCIT, CIRCLE 1(1) & TPS, MANGALURU vs. NEW MANGALORE PORT AUTHORITY, MANGALURU

In the result, the appeal of the Revenue on this for the Assessment Years

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

section 14A of the Income Tax Act (hereinafter called ‘the Act’) ITA Nos.723 to 727/Bang/2025 482 to 486/Bang/2025 Page 3 of 14 Ground Nos.3 and 4: 73,67,67,243/- Disallowance of interest on reserve fund 5. 727/Bang/2025 ITBA/NFAC/S/250/2024- Ground Nos.1 and 2: 54

NEW MANGALORE PORT AUTHORITY,MANGALORE vs. DCIT, CIRCLE-1 & TPS, MANGALURU

In the result, the appeal of the Revenue on this for the Assessment Years

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

section 14A of the Income Tax Act (hereinafter called ‘the Act’) ITA Nos.723 to 727/Bang/2025 482 to 486/Bang/2025 Page 3 of 14 Ground Nos.3 and 4: 73,67,67,243/- Disallowance of interest on reserve fund 5. 727/Bang/2025 ITBA/NFAC/S/250/2024- Ground Nos.1 and 2: 54

DCIT, CIRCLE 1(1) & TPS, MANGALURU vs. NEW MANGALORE PORT AUTHORITY, MANGALURU

In the result, the appeal of the Revenue on this for the Assessment Years

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

section 14A of the Income Tax Act (hereinafter called ‘the Act’) ITA Nos.723 to 727/Bang/2025 482 to 486/Bang/2025 Page 3 of 14 Ground Nos.3 and 4: 73,67,67,243/- Disallowance of interest on reserve fund 5. 727/Bang/2025 ITBA/NFAC/S/250/2024- Ground Nos.1 and 2: 54

NEW MANGALORE PORT AUTHORITY,MANGALORE vs. DCIT, CIRCLE-1 & TPS, MANGALORE

In the result, the appeal of the Revenue on this for the Assessment Years

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

section 14A of the Income Tax Act (hereinafter called ‘the Act’) ITA Nos.723 to 727/Bang/2025 482 to 486/Bang/2025 Page 3 of 14 Ground Nos.3 and 4: 73,67,67,243/- Disallowance of interest on reserve fund 5. 727/Bang/2025 ITBA/NFAC/S/250/2024- Ground Nos.1 and 2: 54

NEW MANGALORE PORT AUTHORITY,MANGALORE vs. DCIT, CIRCLE-1 & TPS, MANGALORE

In the result, the appeal of the Revenue on this for the Assessment Years

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

section 14A of the Income Tax Act (hereinafter called ‘the Act’) ITA Nos.723 to 727/Bang/2025 482 to 486/Bang/2025 Page 3 of 14 Ground Nos.3 and 4: 73,67,67,243/- Disallowance of interest on reserve fund 5. 727/Bang/2025 ITBA/NFAC/S/250/2024- Ground Nos.1 and 2: 54