DCIT, NEW DELHI vs. M/S SAHARA INDIA MASS COMMUNICATION LTD., MUMBAI

In the result, appeals filed by the Revenue are partly allowed

Bench: Shri S. Rifaur Rahman & Shri Vimal Kumar

disallowed the reimbursement of Rs. 49,32,507alleging the below: - MOU does not appear to be fair and in larger interest of SIEMCL, - under the Act, there is no section

DCIT, NEW DELHI vs. M/S SAHARA INDIA MASS COMMUNICATION LTD., MUMBAI

In the result, appeals filed by the Revenue are partly allowed

Bench: Shri S. Rifaur Rahman & Shri Vimal Kumar

disallowed the reimbursement of Rs. 49,32,507alleging the below: - MOU does not appear to be fair and in larger interest of SIEMCL, - under the Act, there is no section

VEDANTA LTD (SUCCESSOR TO CAIRN INDIA LTD),GURGAON vs. ACIT, CIRCLE-26(1), NEW DELHI

Bench: Hon’Ble, Shri N.K. Saini & Shri Kuldip Singh

disallowance of Rs.212,15,413 under section l4A read with Rule 8D of the Rules in computing book profit under section 115J8 of the Act. 4. That on the facts and circumstances of the case & in law, the Ld. AO/DRP erred in allowing claim of additional depreciation amounting to Rs.17,12,04,096 under section 32

DCIT,C-11(1), NEW DELHI vs. HERO MOTOCORP LTD.,, NEW DELHI

Appeal of the Revenue is dismissed

Bench: Shri Narendra Kumar Billaiya & Shri Kul Bharat

32,90,205] Total disallowance 164.78 Less: Suo moto disallowance made in the return 67.03 Net disallowance made in the assessment order 97.75 The assessing officer has alternately proposed to disallow interest expenditure to the extent of Rs.31.84 lacs under section

AREVA T & D INDIA LTD vs. THE COMMISSIONER OF INCOME TAX-II

Appeals are dismissed in favour of the assessee and

32(1)(ii) of the Act with respect to the aforesaid amount of 2012:DHC:2226-DB ITA’s 315/2010, 1151/2010 & 1152/2010 Page 4 of 31 Rs.16,58,76,000/- as being a price paid for acquisition of above mentioned intangible assets. (vii) The Assessing Officer(AO) while completing the assessment under Section 143(3) of the Act disallowed

M/S RELIGARE FINVEST LTD.,,NEW DELHI vs. DCIT, NEW DELHI

In the result, for assessment year 2007-08 the appeal of the assessee as well as Revenue are dismissed

Bench: Shri O.P. Kant & Shri Kuldip Singh, Judicialmember

section 14A was computed at Rs.119,519,888/- and after giving benefit of suo-motu disallowance made by the appellant of Rs.49,25,241/-, resultant disallowance was made to the extent of Rs.11,45,94,648/-. 4.6.1 From the assessment order passed, it is gathered that addition u/s 14A was based since no separate bank accounts were found

RELIGARE FINVEST LTD,NEW DELHI vs. ADDL.CIY, RANGE-21, NEW DELHI

In the result, for assessment year 2007-08 the appeal of the assessee as well as Revenue are dismissed

Bench: Shri O.P. Kant & Shri Kuldip Singh, Judicialmember

section 14A was computed at Rs.119,519,888/- and after giving benefit of suo-motu disallowance made by the appellant of Rs.49,25,241/-, resultant disallowance was made to the extent of Rs.11,45,94,648/-. 4.6.1 From the assessment order passed, it is gathered that addition u/s 14A was based since no separate bank accounts were found

ACIT, CIRCLE- 21(1), NEW DELHI vs. RELIGARE FINVEST LTD., NEW DELHI

In the result, for assessment year 2007-08 the appeal of the assessee as well as Revenue are dismissed

Bench: Shri O.P. Kant & Shri Kuldip Singh, Judicialmember

section 14A was computed at Rs.119,519,888/- and after giving benefit of suo-motu disallowance made by the appellant of Rs.49,25,241/-, resultant disallowance was made to the extent of Rs.11,45,94,648/-. 4.6.1 From the assessment order passed, it is gathered that addition u/s 14A was based since no separate bank accounts were found

ACIT,, NEW DELHI vs. M/S RELIGARE FINVEST LTD.,, NEW DELHI

In the result, for assessment year 2007-08 the appeal of the assessee as well as Revenue are dismissed

Bench: Shri O.P. Kant & Shri Kuldip Singh, Judicialmember

section 14A was computed at Rs.119,519,888/- and after giving benefit of suo-motu disallowance made by the appellant of Rs.49,25,241/-, resultant disallowance was made to the extent of Rs.11,45,94,648/-. 4.6.1 From the assessment order passed, it is gathered that addition u/s 14A was based since no separate bank accounts were found

HERO MOTO CORP LTD.,NEW DELHI vs. NEAC, DELHI

Bench: Shri Kul Bharat & Shri Prashant Maharishi(Through Video Conferencing)

32. Ground number 9 of the appeal of the assessee is with respect to Disallowance under section 40(a)(ia) for alleged

PTC INDIA FINANCIAL SERVICES LTD.,NEW DELHI vs. DCIT, CIRCLE- 19(2), NEW DELHI

In the result, the appeals of the assessee for AY 2013-14 and 2014-15

Bench: Shri N.K. Billaiya & Ms. Astha Chandraasstt. Year 2013-14 & Asstt. Year 2014-15

section 14A and computed disallowance under Rule 8D(2)(iii) at Rs.1,53,47,590/- as the appellant had disclosed dividend income (exempt) of Rs. 30,32

M/S. PTC INDIA FINANCIAL SERVICES LTD.,NEW DELHI vs. DCIT, NEW DELHI

In the result, the appeals of the assessee for AY 2013-14 and 2014-15

Bench: Shri N.K. Billaiya & Ms. Astha Chandraasstt. Year 2013-14 & Asstt. Year 2014-15

section 14A and computed disallowance under Rule 8D(2)(iii) at Rs.1,53,47,590/- as the appellant had disclosed dividend income (exempt) of Rs. 30,32

ADDL. CIT, SPECIAL RANGE- 7, NEW DELHI vs. PTC INDIA FINANCIAL SERVICES LTD, NEW DELHI

In the result, the appeals of the assessee for AY 2013-14 and 2014-15

Bench: Shri N.K. Billaiya & Ms. Astha Chandraasstt. Year 2013-14 & Asstt. Year 2014-15

section 14A and computed disallowance under Rule 8D(2)(iii) at Rs.1,53,47,590/- as the appellant had disclosed dividend income (exempt) of Rs. 30,32

ACIT, NEW DELHI vs. M/S. PTC INDIA FINANCIAL SERVICES LTD., NEW DELHI

In the result, the appeals of the assessee for AY 2013-14 and 2014-15

Bench: Shri N.K. Billaiya & Ms. Astha Chandraasstt. Year 2013-14 & Asstt. Year 2014-15

section 14A and computed disallowance under Rule 8D(2)(iii) at Rs.1,53,47,590/- as the appellant had disclosed dividend income (exempt) of Rs. 30,32

DCIT, NEW DELHI vs. M/S. HERO HONDA MOTORS LTD., NEW DELHI

In the result, the appeal of the Revenue is dismissed

Bench: Shri Sudhanshu Srivastava & Shri O.P. Kantassessment Year: 2005-06

disallowance of additional depreciation of Rs. 14.93 crores claimed by the appellant under section 32(1)(iia) of the Act with

M/S. HERO MOTOCORP LTD.,NEW DELHI vs. ADDL. CIT, NEW DELHI

In the result, the appeal of the Revenue is dismissed

Bench: Shri Sudhanshu Srivastava & Shri O.P. Kantassessment Year: 2005-06

disallowance of additional depreciation of Rs. 14.93 crores claimed by the appellant under section 32(1)(iia) of the Act with

GEODIS OVERSEAS PVT. LTD.,GURGAON vs. DCIT, NEW DELHI

The appeal of the assessee is allowed

Bench: Shri N. K. Billaiya & Ms Suchitra Kamble

disallowance of INR 20,713,187 being depreciation claimed under section 32(1 )(ii) of the Act, on the amount

PITNEY BOWES INDIA (P) LTD.,NEW DELHI vs. DCIT, NEW DELHI

In the result, out of the five appeals of the assessee, the ITA Nos

Bench: Sh. I.C. Sudhir & Sh. O.P. Kant

disallowances of depreciation on the business or commercial rights acquired in the form of non-compete rights under Section 32