DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1), BENGALURU, BENGALURU vs. CISCO SYSTEMS INDIA PRIVATE LIMITED, BENGALURU

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

section 147 r.w.s. 143(3) of the Act dated 27th March 2022 in the name of SA India which was not in existent in relevant assessment year i.e. 2013-14. 5. The successor assessee (Cisco India) preferred an appeal before the National Faceless Appellate Center Delhi (NAFC)/learned CIT(A) and challenged the validity of assessment order framed

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1), BENGALURU, BENGALURU vs. CISCO SYSTEMS INDIA PRIVATE LIMITED, BENGALURU

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

section 147 r.w.s. 143(3) of the Act dated 27th March 2022 in the name of SA India which was not in existent in relevant assessment year i.e. 2013-14. 5. The successor assessee (Cisco India) preferred an appeal before the National Faceless Appellate Center Delhi (NAFC)/learned CIT(A) and challenged the validity of assessment order framed

M/S RAJESH EXPORTS LIMITED ,BANGALORE vs. THE ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-1(2), BANGALORE

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

Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year : 2015-16 M/S. Rajesh Exports Ltd., The Assistant No. 4, Batavia Commissioner Chambers, Of Income Tax, Kumara Park Road, Central Circle – Kumara Park East, 1(2), Vs. Bangalore – 560 001. Bangalore. Pan: Aaacr8642N Appellant Respondent Assessee By : Shri Surya Tejas, Advocate Revenue By : Shri D.K. Mishra, Cit Dr

transfer pricing officer. The Ld.TPO passed u/s. 92CA of the act determining no additions to the arms length price. The Ld.AO thereafter while scrutinising the proceedings and the documents filed, observed Page 7 of 15 that assessee has advanced loans to various individuals and companies as inter corporate deposits. It was noticed by the Ld.AO that interest income accrued

VINOD PRASAD INJETI ,BANGALORE vs. INCOME TAX OFFICER, WARD-2(3)(3), BANGALORE

In the result, we reverse the orders of the ld

Bench: Shri Prashant Maharishi & Shri Keshav Dubeyassessment Year : 2014-15

928 payable to the developer and certain common standard expenses were estimated at Rs.8,52,072. Accordingly total cost of acquisition of the property was agreed at Rs.1,15,00,000 which is demonstrated at page 29 of 32 of agreement to sell. Subsequently on 8.7.2010, this Agreement to Sell was converted into a Sale Deed and the price