M/S. PAUL RESORTS & HOTELS PVT LTD,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-1(1) , BANGALORE

In the result, appeals of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Keshav Dubey

253 of the Act. There appears to be no justification for cutting Date of Order 07-11-2017 W.P.Nos.24646-24651/2015 Prathiba Jewellery House Vs. The Commissioner of Income-Tax (Appeals) & Ors., short that regular remedy at this stage and to entertain these writ petitions on merits.” 15.1 Being so, this ground in ITA Nos.982 to 987/Bang/2023 in assessment

JOHN DEVELOPERS ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(1), BANGALORE

In the result, appeals of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Keshav Dubey

253 of the Act. There appears to be no justification for cutting Date of Order 07-11-2017 W.P.Nos.24646-24651/2015 Prathiba Jewellery House Vs. The Commissioner of Income-Tax (Appeals) & Ors., short that regular remedy at this stage and to entertain these writ petitions on merits.” 15.1 Being so, this ground in ITA Nos.982 to 987/Bang/2023 in assessment

M/S. PAUL RESORTS & HOTELS PVT LTD,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(1), BANGALORE

In the result, appeals of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Keshav Dubey

253 of the Act. There appears to be no justification for cutting Date of Order 07-11-2017 W.P.Nos.24646-24651/2015 Prathiba Jewellery House Vs. The Commissioner of Income-Tax (Appeals) & Ors., short that regular remedy at this stage and to entertain these writ petitions on merits.” 15.1 Being so, this ground in ITA Nos.982 to 987/Bang/2023 in assessment

JOHN DEVELOPERS,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(1), BANGALORE

In the result, appeals of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Keshav Dubey

253 of the Act. There appears to be no justification for cutting Date of Order 07-11-2017 W.P.Nos.24646-24651/2015 Prathiba Jewellery House Vs. The Commissioner of Income-Tax (Appeals) & Ors., short that regular remedy at this stage and to entertain these writ petitions on merits.” 15.1 Being so, this ground in ITA Nos.982 to 987/Bang/2023 in assessment

JOHN DISTILLERIES PVT LTD.,,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(1), BANGALORE

In the result, appeals of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Keshav Dubey

253 of the Act. There appears to be no justification for cutting Date of Order 07-11-2017 W.P.Nos.24646-24651/2015 Prathiba Jewellery House Vs. The Commissioner of Income-Tax (Appeals) & Ors., short that regular remedy at this stage and to entertain these writ petitions on merits.” 15.1 Being so, this ground in ITA Nos.982 to 987/Bang/2023 in assessment

M/S. PAUL RESORTS & HOTELS PVT. LTD.,,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-1(1), BANGALORE

In the result, appeals of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Keshav Dubey

253 of the Act. There appears to be no justification for cutting Date of Order 07-11-2017 W.P.Nos.24646-24651/2015 Prathiba Jewellery House Vs. The Commissioner of Income-Tax (Appeals) & Ors., short that regular remedy at this stage and to entertain these writ petitions on merits.” 15.1 Being so, this ground in ITA Nos.982 to 987/Bang/2023 in assessment

M/S. PAUL RESORTS & HOTELS PVT LTD ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-1(1), BANGALORE

In the result, appeals of the assessee in ITA No

Bench: Shri Chandra Poojari & Shri Keshav Dubey

253 of the Act. There appears to be no justification for cutting Date of Order 07-11-2017 W.P.Nos.24646-24651/2015 Prathiba Jewellery House Vs. The Commissioner of Income-Tax (Appeals) & Ors., short that regular remedy at this stage and to entertain these writ petitions on merits.” 15.1 Being so, this ground in ITA Nos.982 to 987/Bang/2023 in assessment

INCOME TAX OFFICER, WARD-7(2)(1), BENGALURU, BANGALORE vs. M/S. BANGALORE CREDIT CO-OPERATIVE SOCIETY LIMITED , BANGALORE

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

4 of CO and Ground No. 2 of Department’s appeal : Disallowance of deduction u/s 80P(2)(a)(i) of the Income Tax Act, 1961. 13.1 The ld. A.R. submitted that the interest income from investments in various co-operative societies and banks are entitled for deduction u/s. 80P(2)(a)(i) of the Act. The details of the interest

JOHN DISTILLERIES PVT LTD.,,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(1), BANGALORE

253 of the Act. There appears to be no justification\nfor cutting Date of Order 07-11-2017 W.P.Nos.24646-24651/2015 Prathiba\nJewellery House Vs. The Commissioner of Income-Tax (Appeals) & Ors., short\nthat regular remedy at this stage and to entertain these writ petitions on merits.”\n15.1 Being so, this ground in ITA Nos.982 to 987/Bang/2023

MOHAMMED MUJEEB SIKANDER,MANGALORE vs. DCIT, CENTRAL CIRCLE (1), MANGALORE

Bench: Shri Chandra Poojari & Smt. Beena Pillai

68 r.w.s. 115BBE of the Act being amount standing in the name of Seahath Marine Products. 2.2 Aggrieved by the assessment order, the assessee filed appeal before the Commissioner of Income Tax (Appeals)-2 Panaji [CIT(A)] on 27.01.2020 raising the following grounds: i. On the facts and circumstances of the case and in law the Ld. AO erred

MOHAMMED MUJEEB SIKANDER,MANGALORE vs. DCIT, CENTRAL CIRCLE (1), MANGALORE

Bench: Shri Chandra Poojari & Smt. Beena Pillai

68 r.w.s. 115BBE of the Act being amount standing in the name of Seahath Marine Products. 2.2 Aggrieved by the assessment order, the assessee filed appeal before the Commissioner of Income Tax (Appeals)-2 Panaji [CIT(A)] on 27.01.2020 raising the following grounds: i. On the facts and circumstances of the case and in law the Ld. AO erred

SRI C ASWATHANARAYANA ,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-1(4), BANGALORE

In the result, the appeal filed by assessee stands allowed on the additional grounds raised for assessment years 2008-09 and 2009-10

Bench: Shri Chandra Poojari & Smt. Beena Pillaiita Nos.2583 & 2584/Bang/2018 Assessment Year: 2008-09 & 2009-10

68,76,382 2007-08 4,69,13,969 2008-09 3,24,72,389 2009-10 2,35,10,690 Total 17,09,22,366 6.6 Ld.AO observed that, the assessee would not have surrendered monies for the years under consideration, had the search and seizure operation not taken place. The Ld.AO initiated proceeding for imposition of penalty under

SRI C ASWATHANARAYANA ,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-1(1), BANGALORE

In the result, the appeal filed by assessee stands allowed on the additional grounds raised for assessment years 2008-09 and 2009-10

Bench: Shri Chandra Poojari & Smt. Beena Pillaiita Nos.2583 & 2584/Bang/2018 Assessment Year: 2008-09 & 2009-10

68,76,382 2007-08 4,69,13,969 2008-09 3,24,72,389 2009-10 2,35,10,690 Total 17,09,22,366 6.6 Ld.AO observed that, the assessee would not have surrendered monies for the years under consideration, had the search and seizure operation not taken place. The Ld.AO initiated proceeding for imposition of penalty under

YOKOGAWA INDIA LIMITED,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME-TAX, BANGALORE

In the result, the appeal is allowed

Bench: Shri. Chandra Poojari & Smt. Beena Pillai

253 of the Income- tax Act, 1961 ("Act") against the order passed on 28.01 .2016 under Section 143 (3) read with Section 144 C of the Income Tax Act, 1961, by Deputy Commissioner of Income-tax, Large Taxpayers Unit, Circle - 1, Bangalore ("AO") (hereinafter referred to as the Impugned Order) in pursuance of the directions issued by Dispute

MRS. IBRAHIM KALEEL,MANGALURU vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, MANGALURU

In the result, the appeals of the assessee in ITA Nos

Bench: Shri Chandra Poojari & Smt. Beena Pillai

253/- 2017-18 2,11,47,366/- 2018-19 1,48,25,791/- 2.6 As per seized material, assessee had received Rs.6,88,95,000/- through bank and Rs.3,94,55,000/- as cash from Creek Developers and Builders as on 22.3.2016 and expenditure upto 22.3.2016 are recorded in page 102 of the seized material and AO worked out these

EMKAY HINDUSTAN INFRASTRUCTURE,MANGALURU vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE - 2, MANGALURU

In the result, the appeals of the assessee in ITA Nos

Bench: Shri Chandra Poojari & Smt. Beena Pillai

253/- 2017-18 2,11,47,366/- 2018-19 1,48,25,791/- 2.6 As per seized material, assessee had received Rs.6,88,95,000/- through bank and Rs.3,94,55,000/- as cash from Creek Developers and Builders as on 22.3.2016 and expenditure upto 22.3.2016 are recorded in page 102 of the seized material and AO worked out these

MRS. IBRAHIM KALEEL,MANGALURU vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, MANGALURU

In the result, the appeals of the assessee in ITA Nos

Bench: Shri Chandra Poojari & Smt. Beena Pillai

253/- 2017-18 2,11,47,366/- 2018-19 1,48,25,791/- 2.6 As per seized material, assessee had received Rs.6,88,95,000/- through bank and Rs.3,94,55,000/- as cash from Creek Developers and Builders as on 22.3.2016 and expenditure upto 22.3.2016 are recorded in page 102 of the seized material and AO worked out these

EMKAY HINDUSTAN INFRASTRUCTURE,MANGALURU vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE - 2, MANGALURU

In the result, the appeals of the assessee in ITA Nos

Bench: Shri Chandra Poojari & Smt. Beena Pillai

253/- 2017-18 2,11,47,366/- 2018-19 1,48,25,791/- 2.6 As per seized material, assessee had received Rs.6,88,95,000/- through bank and Rs.3,94,55,000/- as cash from Creek Developers and Builders as on 22.3.2016 and expenditure upto 22.3.2016 are recorded in page 102 of the seized material and AO worked out these