THE SRI KANNIKAPARAMESWARI CO OP BANK LIMITED vs. THE INCOME TAX OFFICER

The appeal stands allowed

Bench: S.SUJATHA,HANCHATE SANJEEVKUMAR

Capital Gain and not under income from business and consequently denied the exemption under Section 80P(2)(a)(i) of the Act, 1961 and consequently passed a perverse order on the fact and circumstances of the case.” 5. Learned counsel appearing for the appellant placing reliance on, (1) ALA Firm v. CIT, reported in (1991) 189 ITR 285; (2) Commissioner

M/S BEST TRADING & AGENCIES LTD vs. THE DEPUTY COMMISSIONER OF INCOME TAX

In the result, the orders passed by the

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

capital gains. The difference between the sale consideration and indexed cost of acquisition represents the actual cost of the assessee, which is taxable as per Section 45 of the Act at the rates provided under Section 112

M/S BEST TRADING & AGENCIES LTD vs. THE DEPUTY COMMISSIONER OF INCOME TAX

In the result, the orders passed by the

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

capital gains. The difference between the sale consideration and indexed cost of acquisition represents the actual cost of the assessee, which is taxable as per Section 45 of the Act at the rates provided under Section 112

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

The appeals stand disposed of, accordingly

Bench: N.KUMAR,B.SREENIVASE GOWDA

Section 145A of the Income- tax Act which was inserted with effect from assessment year 1999-2000. The said provision states that the valuation of stock should include the amount of any tax duty, cess or fee - 94 - actually paid or incurred to bring the goods to its present location and condition. The Department has followed a consistent stand

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

The appeals stand disposed of, accordingly

Bench: N.KUMAR,B.SREENIVASE GOWDA

Section 145A of the Income- tax Act which was inserted with effect from assessment year 1999-2000. The said provision states that the valuation of stock should include the amount of any tax duty, cess or fee - 94 - actually paid or incurred to bring the goods to its present location and condition. The Department has followed a consistent stand

SMT P AMMANI vs. THE DEPUTYCOMMISSIONER OF INCOME TAX

The appeal is allowed

Bench: The Hon'Ble Mr. Justice Ravi Malimath

capital gains as 4 against the rate of 20% as prescribed under Section 112 of the Act? 3. Both the learned

M/S T T K PRESTIGE LTD vs. THE UNION OF INDIA REPTD BY ITS FINANCE SECRETARY

Bench: The Hon’Ble Mr.Justice P.B. Bajanthri W.P. No.26037/2005 C/W W.P.No.4464/2007 & W.P.No.27087/2005(It)

112 (Bombay) (Commissioner of Income-Tax (LTU) v. Tata Consultancy Services Ltd.) and has submitted that, an assessee should follow the same procedure as followed by the assessee in such case. The petitioner is yet to establish that, the assessing officer has charged a Fringe Benefits Tax on an item which is not chargeable. Therefore, the petitioners cannot said

DR SWAMY MANJUNATH S T vs. STATE OF KARNATAKA

Bench: The Hon'Ble Mr. Justice Krishna S.Dixit

112. DR SHEETAL DEVARU D/O GIRIDHAR DEVARU AGED 29 YEARS NO 1-1119 UDAYA NAGAR STATION ROAD, RAICHUR - 584101 113. DR SOWMYASHREE N D/O NARAYANA SWAMYU C M AGED ABOUT 27 YEARS CHOLLAGATTA MADDERI POST KOLAR TALUK KOLAR - 563101 114. DR SPOORTHY SAGAR Q/O DR ADITHYA S AGED 28 YEARS R/AT 1309, 21B MAIN ROAD, 11TH CROSS, HSR LAYOUT SECTOR

DR PRESTEENA MATHEW vs. STATE OF KARNATAKA

Bench: The Hon'Ble Mr. Justice Krishna S.Dixit

112. DR SHEETAL DEVARU D/O GIRIDHAR DEVARU AGED 29 YEARS NO 1-1119 UDAYA NAGAR STATION ROAD, RAICHUR - 584101 113. DR SOWMYASHREE N D/O NARAYANA SWAMYU C M AGED ABOUT 27 YEARS CHOLLAGATTA MADDERI POST KOLAR TALUK KOLAR - 563101 114. DR SPOORTHY SAGAR Q/O DR ADITHYA S AGED 28 YEARS R/AT 1309, 21B MAIN ROAD, 11TH CROSS, HSR LAYOUT SECTOR

DR ARJUN KALASAPUR vs. STATE OF KARNATAKA

Bench: The Hon'Ble Mr. Justice Krishna S.Dixit

112. DR SHEETAL DEVARU D/O GIRIDHAR DEVARU AGED 29 YEARS NO 1-1119 UDAYA NAGAR STATION ROAD, RAICHUR - 584101 113. DR SOWMYASHREE N D/O NARAYANA SWAMYU C M AGED ABOUT 27 YEARS CHOLLAGATTA MADDERI POST KOLAR TALUK KOLAR - 563101 114. DR SPOORTHY SAGAR Q/O DR ADITHYA S AGED 28 YEARS R/AT 1309, 21B MAIN ROAD, 11TH CROSS, HSR LAYOUT SECTOR

DR. MADHAVA. M. vs. STATE OF KARNATAKA

Bench: The Hon'Ble Mr. Justice Krishna S.Dixit

112. DR SHEETAL DEVARU D/O GIRIDHAR DEVARU AGED 29 YEARS NO 1-1119 UDAYA NAGAR STATION ROAD, RAICHUR - 584101 113. DR SOWMYASHREE N D/O NARAYANA SWAMYU C M AGED ABOUT 27 YEARS CHOLLAGATTA MADDERI POST KOLAR TALUK KOLAR - 563101 114. DR SPOORTHY SAGAR Q/O DR ADITHYA S AGED 28 YEARS R/AT 1309, 21B MAIN ROAD, 11TH CROSS, HSR LAYOUT SECTOR

DR SHARATH B RAJU vs. STATE OF KARNATAKA

Bench: The Hon'Ble Mr. Justice Krishna S.Dixit

112. DR SHEETAL DEVARU D/O GIRIDHAR DEVARU AGED 29 YEARS NO 1-1119 UDAYA NAGAR STATION ROAD, RAICHUR - 584101 113. DR SOWMYASHREE N D/O NARAYANA SWAMYU C M AGED ABOUT 27 YEARS CHOLLAGATTA MADDERI POST KOLAR TALUK KOLAR - 563101 114. DR SPOORTHY SAGAR Q/O DR ADITHYA S AGED 28 YEARS R/AT 1309, 21B MAIN ROAD, 11TH CROSS, HSR LAYOUT SECTOR

THE COMMISSIONER OF INCOME - TAX vs. M/S BIOCON LTD.,

In the result, we do not find any merit in this

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

112 TAXMAN 61 (SC), 'ROTORK CONTROLS INDIA PVT. LTD VS. CIT', (2009) 180 TAXMAN 422 (SC). It is 9 also argued that for the purposes of Section 37(1) of the Act, it is sufficient if the expenditure has been incurred and therefore, issuance of shares at a discount were the assessee absorbs the difference between price at which

M/S ARASOR CORPORATION vs. M/S XALTED INFORMATION SYSTEMS PVT LTD

Bench: ANAND BYRAREDDY

capital stock; provided, however, that subsection (i) of this section shall not apply to nonstock corporations. 29 8 Del. C. 1953, § 312; 56 Del. Laws, c.50; 59 Del. Laws, c. 106, § 16; 64 Del. Laws, c. 112, § 56; 66 Del. Laws, c. 352, §11; 68 Del. Laws, c. 163, § 2; 70 Del. Laws, c. 587, § 29, 30; 73 Del. Laws

SMT. M R PRABHAVATHY vs. THE DEPUTY COMMISSIONER OF INCOME TAX

Bench: The Hon’Ble Mr. Justice K.Natarajan Election Petition No.1 Of 2019 Connected With Election Petition No.2 Of 2019

112/- in part B of the affidavit, but in the Lok Sabha election, he has mentioned his income and wife's income as Rs.12,04,322/- and Rs.22,06,488/- respectively for the assessment year 2018-19. He further contended that a criminal case has been filed against him which was pending before the 32 Hassan Court for the offence

R JANARDHANA BABU vs. THE MANAGING DIRECTOR

Accordingly, the writ petitions are allowed

Bench: The Hon’Ble Mr. Justice B. Veerappa

112. Valsala Venugopal, D/o Krishnan Kuttinayar, aged about 60 years, Glaxosmithkline Pharmaceuticals Limited, Devanahalli Road, Off Old Madras Road, Bangalore-560049 113. Marie Silverster, d/o T S Fernandies, aged about 58 years, Glaxosmithkline Pharmaceuticals Limited, Devanahalli Road, Off Old Madras Road, Bangalore-560049 114. C M Devika Rani d/o C A Muthappa, aged about 58 years, Glaxosmithkline Pharmaceuticals Limited, Devanahalli

SATISH N vs. STATE OF KARNATAKA

Bench: The Hon’Ble Mr. Justice Raghvendra S. Chauhan

Section 93 of the Act, namely "a canvasser…solicits the customer for such vehicle (public service vehicle) ”. Therefore, an aggregator is covered under Section 93 of the Act. 53. Of course, Mr. Sajan Poovayya, the learned Senior counsel, has argued that an aggregator does not go on to the road to solicit customers. But in the Digital Age, the internet

MASTER BALACHANDAR KRISHNAN vs. THE STATE OF KARNATAKA

Bench: B.V.NAGARATHNA,RAVI V HOSMANI

Section 8 of the Act provides for the authorities of the School which are five in number. Section 18 of the Act which deals with authorities and Officers of the School etc., states that the authorities of the School and their composition, powers, functions and other matters relating to them, the officers of the School and their appointment, powers, functions