CIT vs. TEI TECHNOLOGIES PVT LTD

Bench: CASES PERTAINING TO SPL.DIVISION BENCHES

u/s 10A should be strictly in respect of export profits of eligible undertaking. In this regard, it is submitted that the AO had reached at the figures of gross total income before computing the amount of exemption under section 10A of the Act. After setting off of the brought forward losses to the extent of assessed gross total income

M/S. JINDAL PHOTO LTD.,NEW DELHI vs. ACIT, NEW DELHI

In the result, all the appeals of the assessee in ITA No

Bench: Shri Vikas Awasthy & Shri Naveen Chandra

reassessment made in pursuance to section 153A of the Act, is not a denovo assessment and, therefore, it was not open to the Page 46 of 63 ITA No. 5251 to 5257/DEL/2015 [A.Y 2006-07 to A.Y 2012-13] ITA No. 5451/DEL/2016 [A.Y 2013-14]; ITA No. 4492/DEL/2017 [A.Y 2014-15] M/s Jindal Photo LtdVs.The A.C.I.T assessee to claim

M/S JINDAL PHOTO LTD.,,NEW DELHI vs. ACIT, NEW DELHI

In the result, all the appeals of the assessee in ITA No

Bench: Shri Vikas Awasthy & Shri Naveen Chandra

reassessment made in pursuance to section 153A of the Act, is not a denovo assessment and, therefore, it was not open to the Page 46 of 63 ITA No. 5251 to 5257/DEL/2015 [A.Y 2006-07 to A.Y 2012-13] ITA No. 5451/DEL/2016 [A.Y 2013-14]; ITA No. 4492/DEL/2017 [A.Y 2014-15] M/s Jindal Photo LtdVs.The A.C.I.T assessee to claim

M/S SMART CUBE INDIA PVT. LTD.,,DELHI vs. ITO, NEW DELHI

In the result, appeal of the assessee is allowed for statistical purpose, and the stay petition is dismissed as infructuous

Bench: Shri G.D. Agrawal, Hon’Ble & Shri K.Narasimha Chary & Stay Application No.109/Del Of 2018 (In Ita No.5473/Del/2016) Assessment Year: 2007-08

reassessment proceedings to convert the claim originally made u/s 10B of the Act into a claim u/s 10A of the Act. Learned CIT(A), therefore, turned down the claim of the assessee u/s 10A of the Act. 4. Challenging this finding, the assessee is in appeal before us. The assessee also filed Stay Application seeking stay of demand of Rs.2

M/S. JINDAL PHOTO LTD.,NEW DELHI vs. ACIT, NEW DELHI

In the result, all the appeals of the assessee in ITA No

reassessment made in pursuance to section 153A of\nthe Act, is not a denovo assessment and, therefore, it was not open to the\nassessee to claim and be allowed such deduction or allowance of\nexpenditure which it had not claimed in the original assessment\nproceedings which in the case of assessee stood completed vide order dated\n15.01.2009 passed under section

U.K. PAINTS INDIA LTD.,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 8, NEW DELHI

In the result, the appeal of the assessee is allowed

Bench: Sh. Amit Shukladr. B. R. R. Kumar(Through Video Conferencing) Ita No. 7604/Del/2017 : Asstt. Year : 2014-15 U.K. Paints India Ltd., Vs Acit, 19, Dda Commercial Complex, Central Circle-8, Kailash Colony Extn., Zamrudpur, New Delhi New Delhi-110048 (Appellant) (Respondent) Pan No. Aaacu0057C Assessee By : Sh. Pradeep Dinodia, Fca Revenue By : Sh. Ramesh Kumar, Sr. Dr Date Of Hearing: 18.11.2020 Date Of Pronouncement: 27.11.2020

reassess under section 147 or pass an order enhancing the assessment or reducing a refund already made or otherwise increasing the liability of the assessee under section 154, for any assessment year beginning on or before the 1st day of April, 2001.]” 11. The above provision is in a sense a taxing exception to the stream of income which

ACIT, CIRCLE- 24(1), NEW DELHI vs. SPAN INDIA PVT. LTD., NEW DELHI

In the result, the appeal of the Revenue is dismissed

Bench: Sh. Kul Bharatdr. B. R. R. Kumar

reassess under section 147 or pass an order enhancing the assessment or reducing a refund 5 Span India Pvt. Ltd. already made or otherwise increasing the liability of the assessee under section 154, for any assessment year beginning on or before the 1st day of April, 2001.]” 11. The above provision is in a sense a taxing exception

ADDL. CIT, SPECIAL RANGE- 8, NEW DELHI vs. SC JOHNSON PRODUCTS PVT. LTD., NEW DELHI

In the result, the appeal of the Revenue is dismissed

Bench: Shri K. Narasimha Chary & Shri Anadee Nath Misshraassessment Year: 2000-01

80A(2) of the Act. By order dated 28.03.2002 passed u/s. 143(3) of the Act, learned Assessing Officer accepted the same. 3. Subsequently, learned Assessing Officer proposed rectification u/s. 154 of the Act, but after considering the submissions of the assessee, he dropped the same by order dated 25.10.2005. 4. Learned Assessing Officer, however, by notice dated 22.08.2005 issued

RANBAXY LABORATORIES LTD.,NEW DELHI vs. ADDL. CIT, NEW DELHI

In the result, we direct the AO to reduce the book profit u/s 115JB of the Act by the amount of reversal of the provision of Rs

Bench: Sh. I. C.Sudhir Judicialmember & Sh. Prashant Maharishia.Y.: - 2008-09 Ranbaxy Laboratories Ltd. Vs Acit 12Th Floor, Devika Tower, Range -15 6, Nehru Place New Delhi New Delhi Pan No. Aaacr0127N (Appellant) (Respondent)

u/s 14A can be imputed. Furthermore,we did not find any ITA 196 Del 2013 Ranbaxy Laboratories limited V ACIT A.Y. 2008-09 Page 56 of 134 satisfaction of the AO with regard to examination of the books of account of the assesse that how disallowance already offered by assesse of Rs.3311708/- which are also certified by the tax auditor