M/S. I GATE GLOBAL SOLUTIONS LTD.,,BANGALORE vs. THE ASSISTANT COMMISSIONER OF INCOME TAX,, BANGALORE

In the result, the assessee’s appeal is partly allowed

Bench: Smt. P. Madhavi Devi & Shri Jason P Boaz

section 80E. It cannot be allowed to suffer because it keeps company with some other industry in the hands of the assessee”. Similarly, the Tribunal in the case of iGate Global Solutions Ltd.,(cited supra) had applied the judgment of the Hon’ble Supreme Court to hold that deduction u/s 10A should be considered unit-wise and not enterprise-wise

M/S NSL SUGARS LTD ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-5(1)(2), BANGALORE

In the result, the appeal by the revenue in ITA No

Bench: Shri N V Vasudevan & Shri A K Garodiaassessment Year : 2011-12

80E of the Act and when the provisions of section 80B(5) and section 80AB of the Act were not part of the Act. He brought to our notice the decision of the Hon’ble Supreme Court in the case of Synco Industries Ltd. v. AO, 299 ITR 444 (SC) wherein the Hon’ble Supreme Court took the view that

DCIT, BANGALORE vs. M/S NSL SUGARS LTD.,, BANGALORE

In the result, the appeal by the revenue in ITA No

Bench: Shri N V Vasudevan & Shri A K Garodiaassessment Year : 2011-12

80E of the Act and when the provisions of section 80B(5) and section 80AB of the Act were not part of the Act. He brought to our notice the decision of the Hon’ble Supreme Court in the case of Synco Industries Ltd. v. AO, 299 ITR 444 (SC) wherein the Hon’ble Supreme Court took the view that

DCIT, BANGALORE vs. ON MOBILE GLOBAL LTD.,, BANGALORE

In the result, the appeal of the assessee is dismissed as infructuous, while all the appeals of the revenue are dismissed, insofar as the issue of deduction u/s

Bench: Shri N.V. Vasudevan & Shri Chandra Poojariassessment Year : 2008-09

80E-AA of the Act. The issue raised by the Revenue is that the employees of the Assessee would not come within the purview of the definition of workman under Section 2(2) of the industrial Disputes Act, 1947 (for short 'ID Act') and that since the employee has riot completed 300 days of employment in the previous year

DCIT, BANGALORE vs. M/S ONMOBILE GLOBAL LTD.,, BANGALORE

In the result, the appeal of the assessee is dismissed as infructuous, while all the appeals of the revenue are dismissed, insofar as the issue of deduction u/s

Bench: Shri N.V. Vasudevan & Shri Chandra Poojariassessment Year : 2008-09

80E-AA of the Act. The issue raised by the Revenue is that the employees of the Assessee would not come within the purview of the definition of workman under Section 2(2) of the industrial Disputes Act, 1947 (for short 'ID Act') and that since the employee has riot completed 300 days of employment in the previous year

DCIT, BANGALORE vs. M/S ONMOBILE GLOBAL LTD.,, BANGALORE

In the result, the appeal of the assessee is dismissed as infructuous, while all the appeals of the revenue are dismissed, insofar as the issue of deduction u/s

Bench: Shri N.V. Vasudevan & Shri Chandra Poojariassessment Year : 2008-09

80E-AA of the Act. The issue raised by the Revenue is that the employees of the Assessee would not come within the purview of the definition of workman under Section 2(2) of the industrial Disputes Act, 1947 (for short 'ID Act') and that since the employee has riot completed 300 days of employment in the previous year

ON MOBILE GLOBAL LIMITED,BANGALORE vs. ADDL.C.I.T., BANGALORE

In the result, the appeal of the assessee is dismissed as infructuous, while all the appeals of the revenue are dismissed, insofar as the issue of deduction u/s

Bench: Shri N.V. Vasudevan & Shri Chandra Poojariassessment Year : 2008-09

80E-AA of the Act. The issue raised by the Revenue is that the employees of the Assessee would not come within the purview of the definition of workman under Section 2(2) of the industrial Disputes Act, 1947 (for short 'ID Act') and that since the employee has riot completed 300 days of employment in the previous year

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

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

Bench: Shri George George K.And Shri B.R. Baskaran

disallowance made by th A.O. with the following observations:- (5.1 The First ground of the appellant is regarding the claim u/s 80-IA against the action of the AO in adjusting the loss of non 80-IA unit with the profit of 80-IA unit, before computing the deduction u/s. 80-IA on the netted of profit. The appellant

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

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

Bench: Shri George George K.And Shri B.R. Baskaran

disallowance made by th A.O. with the following observations:- (5.1 The First ground of the appellant is regarding the claim u/s 80-IA against the action of the AO in adjusting the loss of non 80-IA unit with the profit of 80-IA unit, before computing the deduction u/s. 80-IA on the netted of profit. The appellant

M/S. TATA ELXSI LIMITED,BANGALORE vs. DEPUTY COMMISSIONER INCOME TAX, CIRCLE-7(1)(1), BANGALORE

disallowed the deduction\nu/s.80IB(9) of the Act for A.Y. 2013-14, similar claims in earlier year was decided in\nfavour of the assessee by the ITAT for A.Y.2012-13 and hence, the appeal raised by the\nassessee for A.Y.2013-14 on this ground i.e. ground No.4 in ITA No.7299/Mum/2017 is\ncovered.\n107. Now, the assessee contends that in light

SAFRAN ENGINERRING SERVICES INDIA PRIVATE LIMITED,BANGALORE vs. DCIT, BANGALORE

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

Bench: Shri Vijay Pal Rao & Shri Inturi Rama Rao

section 80E placed under chapter VI-A of the IT Act.. c. The ld.CIT(A) erred in not considering the recent decision of the jurisdictional High Court in the case of Yokogawa India Ltd. ITA NO.78/2011 dated 09-08-2011. B. Set off of unabsorbed depreciation against income from other sources under normal provisions

ADDL.CI.T., BANGALORE vs. M/S CANARA BANK, BANGALORE

In the result, appeal by the revenue is partly allowed

Bench: Shri Vijay Pal Rao & Shri Inturi Rama Rao

disallowance u/s 14A cannot be added to book profit for the purpose of computing taxable income u/s ITA Nos.479 & 530/09, ……693 & 684/B/12 Page 6 of 42 115JB of the Act following the law laid down by the Hon’ble Apex Court in the case of Apollo Tyres Ltd. (255 ITR 273). 6. Being aggrieved by that part of the order

CANARA BANK,BANGALORE vs. JCIT, BANGALORE

In the result, appeal by the revenue is partly allowed

Bench: Shri Vijay Pal Rao & Shri Inturi Rama Rao

disallowance u/s 14A cannot be added to book profit for the purpose of computing taxable income u/s ITA Nos.479 & 530/09, ……693 & 684/B/12 Page 6 of 42 115JB of the Act following the law laid down by the Hon’ble Apex Court in the case of Apollo Tyres Ltd. (255 ITR 273). 6. Being aggrieved by that part of the order

JCIT, BANGALORE vs. M/S CANARA BANK, BANGALORE

In the result, appeal by the revenue is partly allowed

Bench: Shri Vijay Pal Rao & Shri Inturi Rama Rao

disallowance u/s 14A cannot be added to book profit for the purpose of computing taxable income u/s ITA Nos.479 & 530/09, ……693 & 684/B/12 Page 6 of 42 115JB of the Act following the law laid down by the Hon’ble Apex Court in the case of Apollo Tyres Ltd. (255 ITR 273). 6. Being aggrieved by that part of the order

M/S. CANARA BANK,BANGALORE vs. ACIT, BANGALORE

In the result, appeal by the revenue is partly allowed

Bench: Shri Vijay Pal Rao & Shri Inturi Rama Rao

disallowance u/s 14A cannot be added to book profit for the purpose of computing taxable income u/s ITA Nos.479 & 530/09, ……693 & 684/B/12 Page 6 of 42 115JB of the Act following the law laid down by the Hon’ble Apex Court in the case of Apollo Tyres Ltd. (255 ITR 273). 6. Being aggrieved by that part of the order

JCIT, BANGALORE vs. M/S CANARA BANK, BANGALORE

In the result, appeal by the revenue is partly allowed

Bench: Shri Vijay Pal Rao & Shri Inturi Rama Rao

disallowance u/s 14A cannot be added to book profit for the purpose of computing taxable income u/s ITA Nos.479 & 530/09, ……693 & 684/B/12 Page 6 of 42 115JB of the Act following the law laid down by the Hon’ble Apex Court in the case of Apollo Tyres Ltd. (255 ITR 273). 6. Being aggrieved by that part of the order

CANARA BANK,BANGALORE vs. ADDL.C.I.T., BANGALORE

In the result, appeal by the revenue is partly allowed

Bench: Shri Vijay Pal Rao & Shri Inturi Rama Rao

disallowance u/s 14A cannot be added to book profit for the purpose of computing taxable income u/s ITA Nos.479 & 530/09, ……693 & 684/B/12 Page 6 of 42 115JB of the Act following the law laid down by the Hon’ble Apex Court in the case of Apollo Tyres Ltd. (255 ITR 273). 6. Being aggrieved by that part of the order

CANARA BANK,BANGALORE vs. ADDL. C.I.T., BANGALORE

In the result, appeal by the revenue is partly allowed

Bench: Shri Vijay Pal Rao & Shri Inturi Rama Rao

disallowance u/s 14A cannot be added to book profit for the purpose of computing taxable income u/s ITA Nos.479 & 530/09, ……693 & 684/B/12 Page 6 of 42 115JB of the Act following the law laid down by the Hon’ble Apex Court in the case of Apollo Tyres Ltd. (255 ITR 273). 6. Being aggrieved by that part of the order