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

THE COMMISSIONER OF INCOME TAX vs. M/S AMCO POWER SYSTEMS LTD

Bench: B.MANOHAR,VINEET SARAN

160 (SC), held that the Section would be applicable only when there is change in shareholding in the previous year which may result in change of control of the Company and that every 19 such change of shareholding need not fall within the prohibition against the carry forward and set-off of business losses. In the present case, though there

THE COMMISSIONER OF INCOME TAX vs. M/S AMCO POWER SYSTEMS LTD.,

Bench: B.MANOHAR,VINEET SARAN

160 (SC), held that the Section would be applicable only when there is change in shareholding in the previous year which may result in change of control of the Company and that every 19 such change of shareholding need not fall within the prohibition against the carry forward and set-off of business losses. In the present case, though there

THE COMMISSIONER OF INCOME TAX vs. M/S AMCO POWER SYSTEMS LTD.,

Bench: B.MANOHAR,VINEET SARAN

160 (SC), held that the Section would be applicable only when there is change in shareholding in the previous year which may result in change of control of the Company and that every 19 such change of shareholding need not fall within the prohibition against the carry forward and set-off of business losses. In the present case, though there

THE COMMISSIONER OF INCOME TAX vs. M/S AMCO POWER SYSTEMS LTD.,

Bench: B.MANOHAR,VINEET SARAN

160 (SC), held that the Section would be applicable only when there is change in shareholding in the previous year which may result in change of control of the Company and that every 19 such change of shareholding need not fall within the prohibition against the carry forward and set-off of business losses. In the present case, though there

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)

160. I have looked into the present system of taxing perquisites and I have found that many perquisites are disguised 6 as fringe benefits, and escape tax. Neither the employer nor the employee pays any tax on these benefits which are certainly of considerable material value. At present, where the benefits are fully attributable to the employee they are taxed

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

DR PRESTEENA MATHEW vs. STATE OF KARNATAKA

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

160. DR. ANKITHA A D/O. ANJANKUMAR, AGED 28 YEARS R/AT HOUSE NO. 4, 4TH CROSS, SHABARINAGAR, BYATARAYANAPURA, BANGALORE 560092 161. DR. NEHA TIWARI D/O. S K TIWARI, AGED 28 YEARS R/AT NO. 118, SWATICHOUDESHWARI APARTMENT, SANJAYNAGAR, AECS LAYOUT, BANGALORE 560094 162. DR. FATHIMA ISMATH D/O. ISMAIL V K, AGED 28 YEARS FATHIMA MANZIL, POST KAMBALABETTU, VITTAL MUDNOOR, BANTWAL TALUK

DR ARJUN KALASAPUR vs. STATE OF KARNATAKA

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

160. DR. ANKITHA A D/O. ANJANKUMAR, AGED 28 YEARS R/AT HOUSE NO. 4, 4TH CROSS, SHABARINAGAR, BYATARAYANAPURA, BANGALORE 560092 161. DR. NEHA TIWARI D/O. S K TIWARI, AGED 28 YEARS R/AT NO. 118, SWATICHOUDESHWARI APARTMENT, SANJAYNAGAR, AECS LAYOUT, BANGALORE 560094 162. DR. FATHIMA ISMATH D/O. ISMAIL V K, AGED 28 YEARS FATHIMA MANZIL, POST KAMBALABETTU, VITTAL MUDNOOR, BANTWAL TALUK

DR SHARATH B RAJU vs. STATE OF KARNATAKA

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

160. DR. ANKITHA A D/O. ANJANKUMAR, AGED 28 YEARS R/AT HOUSE NO. 4, 4TH CROSS, SHABARINAGAR, BYATARAYANAPURA, BANGALORE 560092 161. DR. NEHA TIWARI D/O. S K TIWARI, AGED 28 YEARS R/AT NO. 118, SWATICHOUDESHWARI APARTMENT, SANJAYNAGAR, AECS LAYOUT, BANGALORE 560094 162. DR. FATHIMA ISMATH D/O. ISMAIL V K, AGED 28 YEARS FATHIMA MANZIL, POST KAMBALABETTU, VITTAL MUDNOOR, BANTWAL TALUK

DR. MADHAVA. M. vs. STATE OF KARNATAKA

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

160. DR. ANKITHA A D/O. ANJANKUMAR, AGED 28 YEARS R/AT HOUSE NO. 4, 4TH CROSS, SHABARINAGAR, BYATARAYANAPURA, BANGALORE 560092 161. DR. NEHA TIWARI D/O. S K TIWARI, AGED 28 YEARS R/AT NO. 118, SWATICHOUDESHWARI APARTMENT, SANJAYNAGAR, AECS LAYOUT, BANGALORE 560094 162. DR. FATHIMA ISMATH D/O. ISMAIL V K, AGED 28 YEARS FATHIMA MANZIL, POST KAMBALABETTU, VITTAL MUDNOOR, BANTWAL TALUK

DR SWAMY MANJUNATH S T vs. STATE OF KARNATAKA

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

160. DR. ANKITHA A D/O. ANJANKUMAR, AGED 28 YEARS R/AT HOUSE NO. 4, 4TH CROSS, SHABARINAGAR, BYATARAYANAPURA, BANGALORE 560092 161. DR. NEHA TIWARI D/O. S K TIWARI, AGED 28 YEARS R/AT NO. 118, SWATICHOUDESHWARI APARTMENT, SANJAYNAGAR, AECS LAYOUT, BANGALORE 560094 162. DR. FATHIMA ISMATH D/O. ISMAIL V K, AGED 28 YEARS FATHIMA MANZIL, POST KAMBALABETTU, VITTAL MUDNOOR, BANTWAL TALUK

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

In the result, the appeals are partly allowed

Bench: B.MANOHAR,DILIP B.BHOSALE

capital expenditure or personal expenses of the assessee, laid out or expended 17 wholly and exclusively for the purposes of the business or profession shall be allowed in computing the income chargeable under the head “Profits and gains of business or profession”. It is not the case of assessee that the expenditure incurred by them is covered by Sections

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

SHRI. SHANKARLAL GILADA vs. THE INCOME TAX OFFICER,

Bench: G.NARENDAR,M.NAGAPRASANNA

160 Taxman 48] , clarified that it has to be treated as income falling under the head “profits and gains of business and profession”. The Board also went to the extent of saying that this would not be limited only to cooperative societies/banks claiming deduction under Section 80-P(2)(a)(i) of the Act but would also be applicable

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

160 to 169, 171 to 180, 182 to 192, 196 to 201 but not true copy. iii. The advocate for the petitioner has not signed on the documents page Nos.128 and 129, iv. The petitioner has alleged the respondent is guilty of corrupt practice but has not filed the affidavit in the format prescribed in Form No.25 which is mandatory

PR COMMISSIONER OF INCOME TAX-5 vs. M/S IGEFI SOFTWARE

Bench: S.SUJATHA,VINEET KOTHARI

Section 10A of the IT Act are allowed only in Export Turnover but not from the Total Turnover then, it would give rise to inadvertent, unlawful, meaningless and illogical result which would cause grave injustice to the Respondent Date of Judgment 26-07-2018 I.T.A.No.69/2016 Pr. Commissioner of Income Tax-5 & Anr. Vs. M/s. IGEFI Software India

R JANARDHANA BABU vs. THE MANAGING DIRECTOR

Accordingly, the writ petitions are allowed

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

160. Indumathi Jagadeep, d/o N Sethuram, aged about 54 years, Working as pharma Assistant, Glaxosmithkline Pharmaceuticals Limited, Devanahalli Road, Off Old Madras Road, Bangalore-560049 161. Parvathi Narayanan, d/o T V Rajagopal, aged about 54 years, Glaxosmithkline Pharmaceuticals Limited, Devanahalli Road, Off Old Madras Road, Bangalore-560049 162. Vijaya Manoharan, d/o Jagannathan, aged about 54 years, Working as pharma Assistant