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766 results for “house property”+ Section 34clear

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Key Topics

Addition to Income66Section 153A54Section 143(3)54Section 13230Section 201(1)27Section 10A24Section 20122Section 14822Section 220

SHRI. KOLA VENKAT RAMA NAIDU,BANGALORE vs. THE COMMISSIONER OF INCOME TAX (APPEALS) - 6, BANGALORE

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

ITA 206/BANG/2020[2010-11]Status: DisposedITAT Bangalore05 Aug 2022AY 2010-11

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

For Appellant: Shri V. Srinivasan, A.RFor Respondent: Shri Sumer Singh Meena, D.R
Section 133ASection 2(47)(v)Section 250

house property and other sources filed return of income electronically for the assessment year 2010-11 on 13.10.2010 declaring income of Rs.54,34,810/-. A survey u/s 133A of the Income-tax Act,1961 ['the Act' for short] was conducted on 2.3.2015 at the business premises of the assessee. During the survey, the assessee was asked to explain the present

BINDUMALYAM PANDURANGA ALLANHARINARAYAN ,BANGALORE vs. INCOME TAX OFFICER, WARD-5(2)(1), BENGALURU

Showing 1–20 of 766 · Page 1 of 39

...
Disallowance17
Deduction15
TDS14
ITA 107/BANG/2025[2018-19]Status: DisposedITAT Bangalore30 May 2025AY 2018-19

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

For Appellant: Sri Bharadwaj Sheshadri, A.RFor Respondent: Smt. Neha Sahay, D.R
Section 143(1)Section 143(2)Section 23Section 250Section 44A

section 44AD of the Act. However, the AO observed that the agreement with the SBI is a composite agreement. The assessee is not into the business of renting out properties and as such, the income from maintenance charges received has direct nexus with the property and derived from the property only and hence the amount received as per the lease

M/S PRESTIGE ESTATES PROJECTS LIMITED ,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-18(1), BANGALORE

In the result, the appeal of the assessee is allowed

ITA 813/BANG/2019[2014-15]Status: DisposedITAT Bangalore02 Mar 2021AY 2014-15

Bench: Shri N.V.Vasudevan, Vp & Shri Chandra Poojari, Am

For Appellant: Sri.Padamchand Khincha, CAFor Respondent: Smt.R.Premi, JCIT-DR
Section 191Section 194Section 201Section 201(1)Section 206ASection 4

house property, profits and gains of business, capital gains and income from other sources. The scheme of the TDS provisions applies not only to the amount paid, which bears the character of "income" such as salaries, dividends, interest on securities etc. but the said provisions also apply to gross sums, the whole of which may not be income or profits

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

ITA 656/BANG/2023[2011-12]Status: DisposedITAT Bangalore13 Sept 2024AY 2011-12

Bench: Mrs. Beena Pillai & Shri Ramit Kochar

For Appellant: Sh. Ashok A Kulkarni, AdvocateFor Respondent: Ms. Neha Sahay, JCIT
Section 139Section 139(1)Section 139(4)Section 143(2)Section 143(3)Section 24Section 54Section 54(2)Section 54F

houses at Mavalli were registered in the name of the assessee for Rs. 81,90,000/-. The Ld. CIT(A) relied upon the judgment and order of Hon’ble Supreme Court in the case of Balbir Singh Maini 398 ITR 531(SC). The ld. CIT(A) referred to the provisions of Section

MR. ARUNKUMAR NATHAN,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE 2(3)(1), BANGALORE

In the result, the appeal of the assessee is dismissed

ITA 1041/BANG/2017[2013 - 14]Status: DisposedITAT Bangalore25 Oct 2017

Bench: Shri Vijay Pal Rao & Shri Jason P Boaz

For Appellant: Shri S. Ramasubramanian, CAFor Respondent: Shri M.K. Biju, JCIT (DR) (ITAT)-3, Bengaluru
Section 54

34,00,000 respectively total amounting to Rs.2,63,73,596. Accordingly, the assessee claimed the deduction under Section 54 of the Act in respect of both the apartments purchased by the assessee and against the entire capital gain arising from sale of house property

M/S. EMBASSY KNOWLEDGE INFRASTRUCTURE PROJECTS PRIVATE LIMITED,BANGALORE vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE - 2(1)(2), BANGALORE

In the result, the appeal filed by the assessee is partly allowed for statistical purposes

ITA 982/BANG/2019[2014-15]Status: DisposedITAT Bangalore15 Jun 2022AY 2014-15

Bench: Shri George George K, Jm & Ms.Padmavathy S, Am

For Appellant: Sri.Sandeep Chalapathy, CAFor Respondent: Sri.Sanjay Kumar S.R., CIT –DR
Section 143(2)Section 24Section 3

34,060. The assessee’s case was selected for scrutiny and a notice u/s 143(2) of the Income- tax Act, 1961 was issued and served. Further notice u/s 3 ITA No.982/Bang/2019. M/s.Embassy Knowledge Infrastructure Projects Pvt.Ltd. 142(1) of the I.T.Act were also issued on various dates. The assessee declared the entire income under the head “Profits and gains

ASST.C.I.T., BANGALORE vs. M/S PRESTIGE ESTATE PROJECTS LTD.,, BANGALORE

In the result, the appeal filed by the Revenue is dismissed and

ITA 850/BANG/2015[2010-11]Status: DisposedITAT Bangalore13 May 2016AY 2010-11

Bench: Shri Vijay Pal Rao & Shri G. Manjunatha

For Appellant: Shri Padamchand Khincha, CAFor Respondent: Dr. Sibichan K Mathew, CIT
Section 142(1)Section 143(3)Section 24

house property. Therefore, firstly what is the intention behind the lease and secondly what are the facilities given along with the buildings and documents executed in respect of each of them is to be seen. Thirdly, it is to be found out whether it is inseparable or not. If they are inseparable and the intention is to carry

PRESTIGE ESTATE PROJECTS LTD.,,BANGALORE vs. DCIT, BANGALORE

In the result, the appeal filed by the Revenue is dismissed and

ITA 845/BANG/2015[2010-11]Status: DisposedITAT Bangalore13 May 2016AY 2010-11

Bench: Shri Vijay Pal Rao & Shri G. Manjunatha

For Appellant: Shri Padamchand Khincha, CAFor Respondent: Dr. Sibichan K Mathew, CIT
Section 142(1)Section 143(3)Section 24

house property. Therefore, firstly what is the intention behind the lease and secondly what are the facilities given along with the buildings and documents executed in respect of each of them is to be seen. Thirdly, it is to be found out whether it is inseparable or not. If they are inseparable and the intention is to carry

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCEL-2(1), BANGALORE vs. SRI MATHIKERE RAMAIAH SEETHARAM, BANGALORE

In the result, the appeals filed by the revenue are dismissed and the COs filed by the assessee are partly allowed for statistical purposes

ITA 543/BANG/2021[2015-16]Status: DisposedITAT Bangalore07 Nov 2022AY 2015-16

Bench: Shri Chandra Poojari & Smt. Beena Pillai

For Appellant: Shri H. Nagin Khincha &For Respondent: Shri M. Mathivanan, D.R
Section 131Section 132(4)Section 153CSection 45(2)

section 34 against the assessee as the karta of a HUF. Further, the High Court had not expressed its opinion on the question based upon section 25 of the 1992 Act. In the result, the order of the High Court was set aside and the appeal was remanded to the High Court for disposal in accordance with

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCEL-2(1), BANGALORE vs. SRI MATHIKERE RAMAIAH SEETHARAM, BANGALORE

In the result, the appeals filed by the revenue are dismissed and the COs filed by the assessee are partly allowed for statistical purposes

ITA 542/BANG/2021[2014-15]Status: DisposedITAT Bangalore07 Nov 2022AY 2014-15

Bench: Shri Chandra Poojari & Smt. Beena Pillai

For Appellant: Shri H. Nagin Khincha &For Respondent: Shri M. Mathivanan, D.R
Section 131Section 132(4)Section 153CSection 45(2)

section 34 against the assessee as the karta of a HUF. Further, the High Court had not expressed its opinion on the question based upon section 25 of the 1992 Act. In the result, the order of the High Court was set aside and the appeal was remanded to the High Court for disposal in accordance with

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCEL-2(1), BANGALORE vs. SRI MATHIKERE RAMAIAH SEETHARAM, BANGALORE

In the result, the appeals filed by the revenue are dismissed and the COs filed by the assessee are partly allowed for statistical purposes

ITA 544/BANG/2021[2016-17]Status: DisposedITAT Bangalore07 Nov 2022AY 2016-17

Bench: Shri Chandra Poojari & Smt. Beena Pillai

For Appellant: Shri H. Nagin Khincha &For Respondent: Shri M. Mathivanan, D.R
Section 131Section 132(4)Section 153CSection 45(2)

section 34 against the assessee as the karta of a HUF. Further, the High Court had not expressed its opinion on the question based upon section 25 of the 1992 Act. In the result, the order of the High Court was set aside and the appeal was remanded to the High Court for disposal in accordance with

M/S. G CROP PRIVATE LIMITED,BANGALORE vs. PRINCIPAL COMMISSIONER OF INCOME TAX, BANGALORE

In the result, the appeal filed by the assessee is dismissed

ITA 1017/BANG/2019[2014-15]Status: DisposedITAT Bangalore18 Sept 2020AY 2014-15

Bench: Shri B. R. Baskaran & Smt. Beena Pillaiassessmentyear: 2014-15

For Appellant: Shri J.K. Kamdar, A.RFor Respondent: Shri Muzaffar Hussain, D.R
Section 143(3)Section 24Section 263

house property declared by the assessee. Accordingly, the ld. D.R. submitted that there is total lack of application of mind on the part of the A.O. and hence Ld. Principal CIT has rightly invoked revision proceedings u/s 263 of the Act, since the assessment order is erroneous and prejudicial to the interest of the revenue. Accordingly, he submitted that

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE - 1(2)(2), BANGALORE vs. M/S. NITESH INFRASTRUCTURE & CONSTRUCTIONS, BANGALORE

In the result, the appeal by the revenue is partly allowed for statistical purposes

ITA 1039/BANG/2019[2012-13]Status: DisposedITAT Bangalore23 Sept 2021AY 2012-13

Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year : 2012-13

For Appellant: Shri H. Kabila, Addl.CIT(DR)(ITAT), BenglauruFor Respondent: Shri K.R. Vasudevan, Advocate
Section 143(3)Section 148

34. It was further submitted on the depreciation charge that consequent to the change in the method of treating rental income as business income, the assessee had been filing its return of income under Income from House Property against which income it was setting off the loss from business and paying tax on the balance, if any. At the time

SHRI.T.A.V.GUPTA ,TURUVEKERE vs. INCOME TAX OFFICER WARD-1 , TIPTUR

In the result, the appeal of the assessee is allowed

ITA 209/BANG/2018[2014-15]Status: DisposedITAT Bangalore25 Apr 2018AY 2014-15

Bench: Shri N.V Vasudevan & Shri Jason P Boazshri. T.A.V. Gupta, Birla Corner, B.T. Road, Turuvekere – 572227, Pan: Albpg6202G. . Appellant

For Appellant: Shri B.S. Balachandran, AdvocateFor Respondent: Smt. Padmameenakshi, JCIT
Section 54F

house property for the purpose of assessment of property tax by the state administration. The AO therefore held that assessee does not fulfill the conditions laid down in section 54F in order to be eligible for deduction. Accordingly, claim of deduction u/s 54F amounting to Rs.1,36,34

SHRI BHATKAL RAMARAO PRAKASH ,BANGALORE vs. INCOME TAX OFFICER WARD-5(2)(3), BANGALORE

In the result, the appeal by the Assessee is allowed

ITA 2692/BANG/2018[2015-16]Status: DisposedITAT Bangalore04 Jan 2019AY 2015-16

Bench: Shri N.V. Vasudevan & Shri Jason P. Boazassessment Year : 2015-16

For Appellant: Shri H.R. Suresh, CAFor Respondent: Shri Vikas Suryawamshi, Addl.CIT(DR)(ITAT), Bengaluru
Section 2Section 54F

section which requires that the residential house should be built in a particular manner, it seems to us that the income tax authorities cannot insist upon that requirement. A person may construct a house according to his plans, requirements and compulsions. A person may construct a residential house in such a manner that he may use the ground floor

M/S SCANIA COMMERCIAL VEHICLES INDIA PVT LTFD,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-6(1)(1), BANGALORE

The Appeal of the Assessee is allowed

ITA 261/BANG/2022[2017-18]Status: DisposedITAT Bangalore16 Dec 2025AY 2017-18

Bench: Shri Prashant Maharishi, Vice – & Shri Keshav Dubey

For Appellant: Shri Narendra Kumar Jain, Advocate
Section 143(3)Section 68Section 92C

house property because income has been correctly offered by the Assessee under the head business income. Accordingly, ground no. 19 of the Assessee is allowed. 18. The Ground no. 20 of the Appeal is with respect to the correct carry forward of losses. The Assessee has computed the carry forward of the losses

VECTRA ADVANCED ENGINEERING PRIVATE LIMITED ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-7(1)(2), BANGALORE

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

ITA 1328/BANG/2018[2012-13]Status: DisposedITAT Bangalore01 Apr 2021AY 2012-13

Bench: Shri George George K, Jm & Shri B.R.Baskaran, Am

For Appellant: Sri.Shailesh Kumar, CAFor Respondent: Sri.Kannan Narayanan, JCIT-DR
Section 144Section 22Section 24Section 57

house property”. Whereas, the rental income from equipment was considered as “income from other sources” by the assessee. The A.O., however, reclassified the rental income from property as “income from other sources” and disallowed standard deduction claimed u/s 24(a) of the I.T.Act for the following two reasons, namely, (i) the assessee is not the owner of the property

M/S VECTRA ADVANCED ENGINEERING PRIVATE LIMITED ,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-7(1)(2), BANGALORE

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

ITA 127/BANG/2019[2013-14]Status: DisposedITAT Bangalore01 Apr 2021AY 2013-14

Bench: Shri George George K, Jm & Shri B.R.Baskaran, Am

For Appellant: Sri.Shailesh Kumar, CAFor Respondent: Sri.Kannan Narayanan, JCIT-DR
Section 144Section 22Section 24Section 57

house property”. Whereas, the rental income from equipment was considered as “income from other sources” by the assessee. The A.O., however, reclassified the rental income from property as “income from other sources” and disallowed standard deduction claimed u/s 24(a) of the I.T.Act for the following two reasons, namely, (i) the assessee is not the owner of the property

M/S VECTRA ADVANCED ENGINEERING PRIVATE LIMITED ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-7(1)(2), BANGALORE

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

ITA 1325/BANG/2018[2005-06]Status: DisposedITAT Bangalore01 Apr 2021AY 2005-06

Bench: Shri George George K, Jm & Shri B.R.Baskaran, Am

For Appellant: Sri.Shailesh Kumar, CAFor Respondent: Sri.Kannan Narayanan, JCIT-DR
Section 144Section 22Section 24Section 57

house property”. Whereas, the rental income from equipment was considered as “income from other sources” by the assessee. The A.O., however, reclassified the rental income from property as “income from other sources” and disallowed standard deduction claimed u/s 24(a) of the I.T.Act for the following two reasons, namely, (i) the assessee is not the owner of the property

VECTRA ADVANCED ENGINEERING PRIVATE LIMITED ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-7(1)(2), BANGALORE

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

ITA 1327/BANG/2018[2007-08]Status: DisposedITAT Bangalore01 Apr 2021AY 2007-08

Bench: Shri George George K, Jm & Shri B.R.Baskaran, Am

For Appellant: Sri.Shailesh Kumar, CAFor Respondent: Sri.Kannan Narayanan, JCIT-DR
Section 144Section 22Section 24Section 57

house property”. Whereas, the rental income from equipment was considered as “income from other sources” by the assessee. The A.O., however, reclassified the rental income from property as “income from other sources” and disallowed standard deduction claimed u/s 24(a) of the I.T.Act for the following two reasons, namely, (i) the assessee is not the owner of the property