KARNATAKA HOUSING BOARD vs. ADDL.DIT,
ITA 394/BANG/2013[2009-10]Status: DisposedITAT Bangalore11 Oct 2021AY 2009-10
Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year : 2009-10 M/S. Karnataka Housing The Additional Board, Director Of Income Iii Floor, Cauvery Bhavan, Tax (Exemptions), Kempegowda Road, Range – 17, Bangalore – 560009. Vs. Bangalore. Pan: Aaajk0398K Appellant Respondent & Assessment Year : 2010-11 M/S. Karnataka Housing The Additional Board, Director Of Income Iii Floor, Cauvery Bhavan, Tax (Exemptions), Kempegowda Road, Range – 17, Bangalore – 560009. Vs. Bangalore. Pan: Aaajk0398K Appellant Respondent
For Appellant: Shri Padamchand Khincha, CAFor Respondent: Shri Muzaffar Hussain, CIT (DR)
Section 10Section 11Section 12ASection 2(15)Section 3
17A
161,87,55,286
Administration & other
18
11,47,83,323
expenses
Depreciation
5
68,12,869
Sub total
175,02,45,026
Excess of income over
24,59,67,953
expenditure
Less : Income related to prior
2,69,54,699
period
(Net) Excess of Income over
27,29,22,652
Expenditure
6. The Ld.AO observed that assessee