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40 results for “section 68”+ Section 260Aclear

Sorted by relevance

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Key Topics

Section 201(1)112Addition to Income34Section 9(1)(vi)32Deduction29Section 143(3)21Double Taxation/DTAA19Limitation/Time-bar16Section 80I15Disallowance

BHARATH HI-TECH BUILDERS PVT. LTD.,BANGALORE vs. ACIT, CIRCLE-1(1)(2), BANGALORE, BANGALORE

In the result, appeal of the assessee is allowed

ITA 1035/BANG/2023[2017-18]Status: DisposedITAT Bangalore04 Apr 2024AY 2017-18
For Appellant: \nShri Inder Paul Bansal &
Section 68

section 68 of the Act\nwhich is only applicable in respect of share application money,\nshare capital, share premium or any such amount by\nwhatever name called and is not applicable to ordinary loans\nand in reproduction of the proviso in para 4.4, Ld. AO has\nconveniently and intendedly ignored the phrase \"share\n\nPage 6 of 29\nITA

SRI. M. NAGARAJA,MYSORE vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE- 2(1), MYSORE

In the result, appeal of the assessee is dismissed

ITA 1905/BANG/2019[1999-2000]Status: DisposedITAT Bangalore05 Sept 2022AY 1999-2000

Shri Chandra Poojari & Smt. Beena Pillaiassessment Year : 1999-2000

Showing 1–20 of 40 · Page 1 of 2

13
Section 15312
Section 1010
Section 1489
Bench:
For Respondent: Shri S. Parthasarathi
Section 139(1)Section 139(4)Section 139(5)Section 143(2)Section 143(3)Section 147Section 148Section 154Section 234BSection 263

260A 14.12.2012 of the Act, was passed by AO determining income of Rs. 52,07,190/- ITAT dismissed the appeal of the assessee which was filed 22.08.2014 against the order of CIT u/s 263 and against the order u/s 154 of the Act dt. 11.11.2003 Assessee filed ITA before the Hon'ble Court which was 22.03.2016 withdrawn by the assessee

GOPALIYENGAR MADABUSHI MURALIDHAR, ,BENGALURU vs. INCOME-TAX OFFICER, WARD-7(2)(4), BENGALURU

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

ITA 956/BANG/2023[2016-17]Status: DisposedITAT Bangalore08 Aug 2024AY 2016-17

Bench: Shri Chandra Poojari (Accountant Member), Shri Keshav Dubey (Judicial Member)

For Appellant: Shri Hemant Pai, CAFor Respondent: Shri V. Parithivel, JCIT-DR
Section 143(2)Section 143(3)Section 144Section 234BSection 250Section 271(1)(c)Section 68

68 of the Act as unexplained investment on the basis of ITS information which is not at all applicable to the facts of the case and with regard to the denial of carry forward of losses, the learned A.R. vehemently submitted that the denial of losses without verification/ examination to the tune of Rs. 29,34,388/- is erroneous

ING VYSYA BANK LTD. vs. ACIT, BANGALORE

In the result, appeal by the Assessee is partly allowed while the 68

ITA 288/BANG/2013[2005-06]Status: DisposedITAT Bangalore06 Feb 2015AY 2005-06

Bench: Shri N.V. Vasudevan & Shri Abraham P. Georgeassessment Year : 2005-06 M/S. Ing Vysya Bank Ltd., Vs. The Assistant Commissioner Of Ing Vysya House, Income Tax, No.22, M.G. Road, Circle 11(4), Bangalore – 560 001. Bangalore. Pan: Aabct 0529M Appellant Respondent Assessment Year : 2005-06 The Deputy Commissioner Of Vs. M/S. Ing Vysya Bank Ltd., Income Tax, Bangalore – 560 001. Circle 11(4), Pan: Aabct 0529M Bangalore. Appellant Respondent Assessee By : Shri S. Ananthan, C.A. Revenue By : Shri C.H. Sundar Rao, Cit-I(Dr) Date Of Hearing : 20.01.2015 Date Of Pronouncement : 06.02.2015 O R D E R Per N.V. Vasudevan

For Appellant: Shri S. Ananthan, C.AFor Respondent: Shri C.H. Sundar Rao, CIT-I(DR)
Section 1Section 10Section 234D

section 260A has been filed before the Hon’ble High Court against such order and is pending.” ITA No.288 & 318/Bang/2013 Page 39 of 50 56. Certain investments made by the Assessee in various securities including the government securities were categorised as ‘Available for Sale (AFS)’ and ‘Held for Trading (HFT)’ form and formed part of the stock-in- trade

DCIT vs. ING VYSYA BANK, BANGALORE

In the result, appeal by the Assessee is partly allowed while the 68

ITA 318/BANG/2013[2005-06]Status: DisposedITAT Bangalore06 Feb 2015AY 2005-06

Bench: Shri N.V. Vasudevan & Shri Abraham P. Georgeassessment Year : 2005-06 M/S. Ing Vysya Bank Ltd., Vs. The Assistant Commissioner Of Ing Vysya House, Income Tax, No.22, M.G. Road, Circle 11(4), Bangalore – 560 001. Bangalore. Pan: Aabct 0529M Appellant Respondent Assessment Year : 2005-06 The Deputy Commissioner Of Vs. M/S. Ing Vysya Bank Ltd., Income Tax, Bangalore – 560 001. Circle 11(4), Pan: Aabct 0529M Bangalore. Appellant Respondent Assessee By : Shri S. Ananthan, C.A. Revenue By : Shri C.H. Sundar Rao, Cit-I(Dr) Date Of Hearing : 20.01.2015 Date Of Pronouncement : 06.02.2015 O R D E R Per N.V. Vasudevan

For Appellant: Shri S. Ananthan, C.AFor Respondent: Shri C.H. Sundar Rao, CIT-I(DR)
Section 1Section 10Section 234D

section 260A has been filed before the Hon’ble High Court against such order and is pending.” ITA No.288 & 318/Bang/2013 Page 39 of 50 56. Certain investments made by the Assessee in various securities including the government securities were categorised as ‘Available for Sale (AFS)’ and ‘Held for Trading (HFT)’ form and formed part of the stock-in- trade

M/S ONMOBILE GLOBAL LIMITED ,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-5(1)(2), BANGALORE

In the result, both these appeals are partly allowed

ITA 139/BANG/2019[2014-15]Status: DisposedITAT Bangalore10 Aug 2022AY 2014-15

Bench: Shri George George K. & Ms. Padmavathy S

For Appellant: Shri T. Suryanarayana, AdvocateFor Respondent: Dr. Manjunath Karkihalli, CIT(DR)(ITAT), Bengaluru
Section 143(3)Section 14ASection 234BSection 244ASection 32

68,087/-. The disallowance of depreciation and disallowance under Section 14A of the Act came to be sustained. 7. Aggrieved by the final assessment order, the Assessee filed the appeal before this Hon’ble Tribunal. Transfer Pricing adjustment - Ground Nos.1 to 19 8. Though the Assessee raised 19 grounds with regard to the transfer pricing adjustment, during the course

M/S. ONMOBILE GLOBAL LIMITED,BENGALURU vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE- 5(1)(2), BENGALURU

In the result, both these appeals are partly allowed

ITA 2560/BANG/2019[2015-16]Status: DisposedITAT Bangalore10 Aug 2022AY 2015-16

Bench: Shri George George K. & Ms. Padmavathy S

For Appellant: Shri T. Suryanarayana, AdvocateFor Respondent: Dr. Manjunath Karkihalli, CIT(DR)(ITAT), Bengaluru
Section 143(3)Section 14ASection 234BSection 244ASection 32

68,087/-. The disallowance of depreciation and disallowance under Section 14A of the Act came to be sustained. 7. Aggrieved by the final assessment order, the Assessee filed the appeal before this Hon’ble Tribunal. Transfer Pricing adjustment - Ground Nos.1 to 19 8. Though the Assessee raised 19 grounds with regard to the transfer pricing adjustment, during the course

DCIT vs. M/S GOOGLE INDIA PVT. LTD.,,

In the result, revenue’s appeal and C

ITA 1298/BANG/2013[2005-06]Status: DisposedITAT Bangalore03 Mar 2017AY 2005-06

Bench: Shri Sunil Kumar Yadav & Shri S Jayaramanrevenue’S Appeal

For Appellant: Shri. S. P. Singh, CA & Shri. Ujwal Tiwari, CAFor Respondent: Smt. Renuka Devi, JCIT
Section 10ASection 260A

68,875 incurred on Club Membership Fee was wholly or exclusively for its own business without appreciating the fact that the Membership Fee is a onetime payment whose benefit IT(TP)A No.1298/Bang/2013 & CO No. 13/Bang/2016 Page 3 of 27 endures for a period of years and therefore the expenditure is capital in nature. 5. The CIT(A) erred

SRI. K. SATISH KUMAR,BENGALURU vs. THE ADDITIONAL COMMISSIONER OF INCOME TAX, RANGE-9, BANGALORE

In the result, the assessee’s appeal is allowed

ITA 1988/BANG/2016[2007-08]Status: DisposedITAT Bangalore01 Aug 2022AY 2007-08

Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year: 2007-08

For Appellant: Shri V. Srinivasan, A.RFor Respondent: Dr. Manjunath Karkihalli, D.R
Section 133A(1)Section 143(3)Section 234Section 234A

68,17,800/- 5. Ramaiah 72,05,600/- 6. Rajesh 1,24,97,800/- 7,55,85,800/- b/f 7,55,85,800/- ii) Expenditure towards levelling of land Sl.No. Name of the payee Amount paid 1. Rajanna 2,17,750/- 2. Madan 5,77,850/- 3. Anand 2,44,800/- 10,40,400/- 10,40,400/- Thus the total

INDIANOIL SKYTANKING PRIVATE LIMITED,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE- 3(1)(1), BENGALURU

In the result, the appeals are partly allowed

ITA 407/BANG/2020[2017-18]Status: DisposedITAT Bangalore20 May 2022AY 2017-18

Bench: Shri George George K. & Ms. Padmavathy S

For Appellant: Shri Padamchand Khincha, CAFor Respondent: Shri Sumer Singh Meena, CIT(DR)(ITAT), Bengaluru
Section 115Section 143(3)Section 36(1)(iii)Section 37(1)Section 80Section 80I

260A of the Act. [SEE: SYEDA RAHIMUNNISA VS. MALAN BI BY L.RS. AND ORS. (2016)10 SCC 315 and PRINCIPAL COMMISSIONER OF INCOME TAX, BANGALORE & ORS. VS. SOFTBRANDS INDIA P. LTD., (2018) 406 ITR 513].” 45. In view of the aforesaid discussion, we are of the considered view that the fuel farm facility built, owned, and operated

M/S. INDIANOIL SKYTAKING PRIVATE LIMITED,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE- 3(1)(1), BANGALORE

In the result, the appeals are partly allowed

ITA 299/BANG/2020[2016-17]Status: DisposedITAT Bangalore20 May 2022AY 2016-17

Bench: Shri George George K. & Ms. Padmavathy S

For Appellant: Shri Padamchand Khincha, CAFor Respondent: Shri Sumer Singh Meena, CIT(DR)(ITAT), Bengaluru
Section 115Section 143(3)Section 36(1)(iii)Section 37(1)Section 80Section 80I

260A of the Act. [SEE: SYEDA RAHIMUNNISA VS. MALAN BI BY L.RS. AND ORS. (2016)10 SCC 315 and PRINCIPAL COMMISSIONER OF INCOME TAX, BANGALORE & ORS. VS. SOFTBRANDS INDIA P. LTD., (2018) 406 ITR 513].” 45. In view of the aforesaid discussion, we are of the considered view that the fuel farm facility built, owned, and operated

M/S INDIANOIL SKYTANKING PRIVATE LIMITED ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-3(1)(1), BANGALORE

In the result, the appeals are partly allowed

ITA 583/BANG/2019[2015-16]Status: DisposedITAT Bangalore09 May 2022AY 2015-16

Bench: Shri George George K. & Ms. Padmavathy S

For Appellant: Shri Padamchand Khincha, CAFor Respondent: Shri Sumer Singh Meena, CIT(DR)(ITAT), Bengaluru
Section 115Section 143(3)Section 36(1)(iii)Section 37(1)Section 80Section 80I

260A of the Act. [SEE: SYEDA RAHIMUNNISA VS. MALAN BI BY L.RS. AND ORS. (2016)10 SCC 315 and PRINCIPAL COMMISSIONER OF INCOME TAX, BANGALORE & ORS. VS. SOFTBRANDS INDIA P. LTD., (2018) 406 ITR 513].” 45. In view of the aforesaid discussion, we are of the considered view that the fuel farm facility built, owned, and operated

M/S WIPRO LTD,BANGALORE vs. ADDITIONAL COMMISSIONER OF INCOME TAX, BANGALORE

In the result, all 6 appeals filed by the revenue are dismissed

ITA 1216/BANG/2014[2008-09]Status: DisposedITAT Bangalore21 Jun 2019AY 2008-09

Bench: Shri A.K. Garodia & Shri Laliet Kumar

For Appellant: Shri K.R. Pradeep, CA
Section 201(1)Section 9(1)(vi)

68,394 2009-10 94,88,913 2010-11 3,19,95,710 2011-12 2,44,56,548 2012-13 54,55,010 2. The proceedings u/s. 201(1) of the Act was initiated by the Officer after issuing a notice on 09.12.2012, 26.2.2013, 23.5.2013 & 20.8.2013. In reply of various notices, the DDIT (Intl. Taxn.) in para 6 mentioned

M/S WIPRO LTD,BANGALORE vs. ADDITIONAL COMMISSIONER OF INCOME TAX, BANGALORE

In the result, all 6 appeals filed by the revenue are dismissed

ITA 1220/BANG/2014[2012-13]Status: DisposedITAT Bangalore21 Jun 2019AY 2012-13

Bench: Shri A.K. Garodia & Shri Laliet Kumar

For Appellant: Shri K.R. Pradeep, CA
Section 201(1)Section 9(1)(vi)

68,394 2009-10 94,88,913 2010-11 3,19,95,710 2011-12 2,44,56,548 2012-13 54,55,010 2. The proceedings u/s. 201(1) of the Act was initiated by the Officer after issuing a notice on 09.12.2012, 26.2.2013, 23.5.2013 & 20.8.2013. In reply of various notices, the DDIT (Intl. Taxn.) in para 6 mentioned

DEPUTY COMMISSIONER OF INCOME-TAX, BANGALORE vs. M/S. WIPRO LTD,, BANGALORE

In the result, all 6 appeals filed by the revenue are dismissed

ITA 2328/BANG/2016[2007-08]Status: DisposedITAT Bangalore21 Jun 2019AY 2007-08

Bench: Shri A.K. Garodia & Shri Laliet Kumar

For Appellant: Shri K.R. Pradeep, CA
Section 201(1)Section 9(1)(vi)

68,394 2009-10 94,88,913 2010-11 3,19,95,710 2011-12 2,44,56,548 2012-13 54,55,010 2. The proceedings u/s. 201(1) of the Act was initiated by the Officer after issuing a notice on 09.12.2012, 26.2.2013, 23.5.2013 & 20.8.2013. In reply of various notices, the DDIT (Intl. Taxn.) in para 6 mentioned

DEPUTY COMMISSIONER OF INCOME-TAX, BANGALORE vs. M/S. WIPRO LTD,, BANGALORE

In the result, all 6 appeals filed by the revenue are dismissed

ITA 2335/BANG/2016[2008-09]Status: DisposedITAT Bangalore21 Jun 2019AY 2008-09

Bench: Shri A.K. Garodia & Shri Laliet Kumar

For Appellant: Shri K.R. Pradeep, CA
Section 201(1)Section 9(1)(vi)

68,394 2009-10 94,88,913 2010-11 3,19,95,710 2011-12 2,44,56,548 2012-13 54,55,010 2. The proceedings u/s. 201(1) of the Act was initiated by the Officer after issuing a notice on 09.12.2012, 26.2.2013, 23.5.2013 & 20.8.2013. In reply of various notices, the DDIT (Intl. Taxn.) in para 6 mentioned

DEPUTY COMMISSIONER OF INCOME-TAX, BANGALORE vs. M/S. WIPRO LTD,, BANGALORE

In the result, all 6 appeals filed by the revenue are dismissed

ITA 2336/BANG/2016[2009-10]Status: DisposedITAT Bangalore21 Jun 2019AY 2009-10

Bench: Shri A.K. Garodia & Shri Laliet Kumar

For Appellant: Shri K.R. Pradeep, CA
Section 201(1)Section 9(1)(vi)

68,394 2009-10 94,88,913 2010-11 3,19,95,710 2011-12 2,44,56,548 2012-13 54,55,010 2. The proceedings u/s. 201(1) of the Act was initiated by the Officer after issuing a notice on 09.12.2012, 26.2.2013, 23.5.2013 & 20.8.2013. In reply of various notices, the DDIT (Intl. Taxn.) in para 6 mentioned

DEPUTY COMMISSIONER OF INCOME-TAX, BANGALORE vs. M/S. WIPRO LTD,, BANGALORE

In the result, all 6 appeals filed by the revenue are dismissed

ITA 2337/BANG/2016[2010-11]Status: DisposedITAT Bangalore21 Jun 2019AY 2010-11

Bench: Shri A.K. Garodia & Shri Laliet Kumar

For Appellant: Shri K.R. Pradeep, CA
Section 201(1)Section 9(1)(vi)

68,394 2009-10 94,88,913 2010-11 3,19,95,710 2011-12 2,44,56,548 2012-13 54,55,010 2. The proceedings u/s. 201(1) of the Act was initiated by the Officer after issuing a notice on 09.12.2012, 26.2.2013, 23.5.2013 & 20.8.2013. In reply of various notices, the DDIT (Intl. Taxn.) in para 6 mentioned

DEPUTY COMMISSIONER OF INCOME-TAX, BANGALORE vs. M/S. WIPRO LTD,, BANGALORE

In the result, all 6 appeals filed by the revenue are dismissed

ITA 2338/BANG/2016[2011-12]Status: DisposedITAT Bangalore21 Jun 2019AY 2011-12

Bench: Shri A.K. Garodia & Shri Laliet Kumar

For Appellant: Shri K.R. Pradeep, CA
Section 201(1)Section 9(1)(vi)

68,394 2009-10 94,88,913 2010-11 3,19,95,710 2011-12 2,44,56,548 2012-13 54,55,010 2. The proceedings u/s. 201(1) of the Act was initiated by the Officer after issuing a notice on 09.12.2012, 26.2.2013, 23.5.2013 & 20.8.2013. In reply of various notices, the DDIT (Intl. Taxn.) in para 6 mentioned

DEPUTY COMMISSIONER OF INCOME-TAX, BANGALORE vs. M/S. WIPRO LTD,, BANGALORE

In the result, all 6 appeals filed by the revenue are dismissed

ITA 2339/BANG/2016[2012-13]Status: DisposedITAT Bangalore21 Jun 2019AY 2012-13

Bench: Shri A.K. Garodia & Shri Laliet Kumar

For Appellant: Shri K.R. Pradeep, CA
Section 201(1)Section 9(1)(vi)

68,394 2009-10 94,88,913 2010-11 3,19,95,710 2011-12 2,44,56,548 2012-13 54,55,010 2. The proceedings u/s. 201(1) of the Act was initiated by the Officer after issuing a notice on 09.12.2012, 26.2.2013, 23.5.2013 & 20.8.2013. In reply of various notices, the DDIT (Intl. Taxn.) in para 6 mentioned