CANARA BANK (ERSTWHILE SYNDICATE BANK),BENGALURU vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1), BANGALORE, BENGALURU

In the result, appeals of the assessee are partly allowed

reassess under Section 147 or pass an order\nenhancing the assessment or reducing a refund already made or\notherwise increasing the liability of the assessee under Section 154, for\nany assessment year beginning on or before the 1st day of April 2001.\n9.\nFrom perusal of Section 14A of the Act, it is evident that for the\npurposes of computing

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-7(1)(1), BANGALORE vs. VIJAYA BANK, BARODA CORPORATE CENTRE BANDRA KURLA COMPLEX

In the result, the appeal filed by the learned assessing officer is allowed for statistical purposes

Bench: Shri Prashant Maharishi & Shri Soundararajan K.Assessment Year : 2010-11

reassessment order passed u/s. 143(3) rws 147 of Page 2 of 8 the Income-tax Act, 1961 [the Act] dated 7.2.2013 by the JCIT, LTU, Bangalore , was partly allowed. 2. The revenue has raised the following grounds of appeal :- “1. Whether on the facts and circumstances of the case and in law, the Ld. CIT(A) erred in deleting

SHARANABASAVESHWAR CREDIT SOUHARD SAHAKRI NI HALINGALI,BAGALKOT vs. ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE-1, BIJAPUR

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

194A of the Act also makes the legislative intent clear that the Co-operative Banks are not that specie of genus co-operative society, which would be entitled to exemption or deduction under the special provisions of Chapter VIA in the form of Section 80P of the Act. 16. If the legislative intent is so clear, then it cannot contended

VISHNU VARDHANA RAM YARA,MACHILIPATNAM vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-4(1)(1), BANGALORE

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

Bench: Shri. Laxmi Prasad Sahu & Shri. Keshav Dubeyassessment Year : 2013-14

reassessment under section 147 of the Act, a notice under section 148 of the Act dated 31.03.2021 was issued and served and subsequently under section 142(1) Page 2 of 6 of the Act was issued but assessee did not file the return of income. Thereafter, several opportunities were provided to the assessee to comply with the notices. Assessee

BASAVA ROAWAYS (INDIA) PVT. LTD,SEDAM vs. INCOME TAX OFFICER, WARD-1, GULBARGA, GULBARGA

In the result, the appeal of assessee is hereby partly allowed for statistical purposes

Bench: Shri Waseem Ahmed & Shri Keshav Dubeyassessment Year: 2013-14

Section Amount (Rs.) Ultratech Cement 194C 12,41,23,184 Vasavadatta Cement 194C 5,68,01,670 . ITA No.565 /Bang/2025 Page 3 of 16 Total 18,09,24,854 6. Considering the above receipts of Rs. 18,09,24,854 reflected in Form 26AS, the AO proceeded to estimate the income of the assessee by applying a profit rate