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4 results for “capital gains”+ Section 10A(2)(ia)clear

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Key Topics

Section 26011Section 115J7Section 10A6Section 260A3Section 802

M/S WIPRO LIMITED vs. THE DEPUTY COMMISSIONER OF INCOME TAX

The appeals stand disposed of, accordingly

ITA/881/2008HC Karnataka25 Mar 2015

Bench: N.KUMAR,B.SREENIVASE GOWDA

Section 260

IA, etc. Parliament was aware of the various restrictions and limitations of provisions like section 80A and section 80AB which is in Chapter VI-A which do not appear in Chapter III. The fact that even after its recast, the relief has been retained in Chapter III indicates that the intention of Parliament is that it has to be regarded

THE COMMISSIONER OF INCOME TAX vs. M/S WIPRO LTD

The appeals stand disposed of, accordingly

ITA/211/2009HC Karnataka25 Mar 2015

Bench: N.KUMAR,B.SREENIVASE GOWDA

Section 260

IA, etc. Parliament was aware of the various restrictions and limitations of provisions like section 80A and section 80AB which is in Chapter VI-A which do not appear in Chapter III. The fact that even after its recast, the relief has been retained in Chapter III indicates that the intention of Parliament is that it has to be regarded

PR COMMISSIONER OF vs. M/S WIPRO LIMITED

In the result, the appeal is disposed of in terms

ITA/464/2017HC Karnataka09 Dec 2020

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

Section 10ASection 260Section 260ASection 32

2 to Section 9(1)(vi) of the Act and no TDS 16 was deducted on the payment, therefore, disallowance under Section 40(a)(ia) of the Act has rightly been made. It is also pointed out that Section 40 of the Act begins with a non obstante clause and has an overriding effect on Section 30 to Section

M/S SANKHLA POLYMERS (P) LTD vs. THE INCOME TAX OFFICER WARD-12(2)

In the result, the appeal relating to the assessment

ITA/1100/2006HC Karnataka29 Jan 2013

Bench: D.V.SHYLENDRA KUMAR,B.SREENIVASE GOWDA

Section 115JSection 148Section 260ASection 80

IA, and Section 115-JB of the Act, the non-obstante clause as incorporated in Section 80-1B should prevail, as it is in consonance with the intention of the legislature in granting exemption in respect of the income earned by the assessee from out of 11 the establishment of industrial unit in a backward state, as notified