SRI B V ACHARYA S/O LATE RAMACHANDRA ACHARYA vs. SRI N VENKATESHAIAH

Bench: V.JAGANNATHAN

capitation fee issue is concerned, the 18 submission made is that the writ petition filed in this regard by the students came to be dismissed by this court. Therefore, none of the offences alleged in the complaint can be said to have been, even remotely, made out against the petitioner and thus, it is clear that the entire complaint

COMMISSIONER OF INCOME TAX vs. SHRI. VIKRAM REDDY

In the result, the fifth substantial question of

Bench: ALOK ARADHE,R. NATARAJ

gains have been returned and tax for Assessment Year 2006- 07 under Section45(3) of the Act and accepted in a proceeding under Section 143(3) of the Act. The resolution was forwarded on the same date i.e., 24.03.2006 to the company secretary of NCCPL with signature of the partners showing different status in which they were partners including their

M/S KARLE INTERNATIOAL PRIVATE LTD vs. THE ASSISTANT COMMISSIONER OF INCOME TAX

In the result, the order of the income tax appellate tribunal

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

3) of Section 74, in so far as such loss relates to the business of the undertaking, shall be carried forward or set off where such loss relates to any of the relevant assessment years ending before the 1st day of April 2001. Section 70(1) Save as otherwise provided in this act, where the net result for any assessment

M/S HMA DATA SYSTEM P LTD., vs. THE DEPUTY COMMISSIONER OF INCOME TAX

Bench: ARAVIND KUMAR,MOHAN M. SHANTANAGOUDAR

70,66,590/-. The assessing officer after issuing notice under section 143(2) after selecting the return for 7 scrutiny has proceeded to frame the assessment order under Section 143(3) by order dated 22.12.2006, whereunder disallowances to the tune of `2,67,85,610/- was made. During the previous year relevant to the assessment year, assessee sold

THE COMMISSIONER OF INCOME TAX vs. M/S HMA DATA SYSTEMS P LTD.,

Bench: ARAVIND KUMAR,MOHAN M. SHANTANAGOUDAR

70,66,590/-. The assessing officer after issuing notice under section 143(2) after selecting the return for 7 scrutiny has proceeded to frame the assessment order under Section 143(3) by order dated 22.12.2006, whereunder disallowances to the tune of `2,67,85,610/- was made. During the previous year relevant to the assessment year, assessee sold

THE COMMISSIONER OF INCOME-TAX vs. M.R.ANANDARAM

Appeals are dismissed

Bench: P.S.DINESH KUMAR,C.M. POONACHA

3 Income Tax Appellate Tribunal I.T.A Nos.176/2015, 520/2014, 175/2015, 177/2015, 178/2015, 179/2015, 298/2015 12 • During 2007, assessees have sold their lands duly converted for non-agricultural purposes, in favour of M/s. ELT Corporate Services Pvt. Ltd., and others. The agreement and the sale deeds disclose that the lands sold are converted lands; • the Assessing Officer has rightly held that

COMMISSIONER OF INCOME TAX vs. M.R.KODANDARAM

Appeals are dismissed

Bench: P.S.DINESH KUMAR,C.M. POONACHA

3 Income Tax Appellate Tribunal I.T.A Nos.176/2015, 520/2014, 175/2015, 177/2015, 178/2015, 179/2015, 298/2015 12 • During 2007, assessees have sold their lands duly converted for non-agricultural purposes, in favour of M/s. ELT Corporate Services Pvt. Ltd., and others. The agreement and the sale deeds disclose that the lands sold are converted lands; • the Assessing Officer has rightly held that

COMMISSIONER OF INCOME vs. SHRI. M.R. SEETHARAM

Appeals are dismissed

Bench: P.S.DINESH KUMAR,C.M. POONACHA

3 Income Tax Appellate Tribunal I.T.A Nos.176/2015, 520/2014, 175/2015, 177/2015, 178/2015, 179/2015, 298/2015 12 • During 2007, assessees have sold their lands duly converted for non-agricultural purposes, in favour of M/s. ELT Corporate Services Pvt. Ltd., and others. The agreement and the sale deeds disclose that the lands sold are converted lands; • the Assessing Officer has rightly held that

COMMISSIONER OF INCOME-TAX vs. M.R.PATTABHIRAM

Appeals are dismissed

Bench: P.S.DINESH KUMAR,C.M. POONACHA

3 Income Tax Appellate Tribunal I.T.A Nos.176/2015, 520/2014, 175/2015, 177/2015, 178/2015, 179/2015, 298/2015 12 • During 2007, assessees have sold their lands duly converted for non-agricultural purposes, in favour of M/s. ELT Corporate Services Pvt. Ltd., and others. The agreement and the sale deeds disclose that the lands sold are converted lands; • the Assessing Officer has rightly held that

COMMISSIONER OF INCOME vs. M.R.PADMAVATHY TRUST

Appeals are dismissed

Bench: P.S.DINESH KUMAR,C.M. POONACHA

3 Income Tax Appellate Tribunal I.T.A Nos.176/2015, 520/2014, 175/2015, 177/2015, 178/2015, 179/2015, 298/2015 12 • During 2007, assessees have sold their lands duly converted for non-agricultural purposes, in favour of M/s. ELT Corporate Services Pvt. Ltd., and others. The agreement and the sale deeds disclose that the lands sold are converted lands; • the Assessing Officer has rightly held that

COMMISSIONER OF INCOME-TAX vs. M.R.PRABHAVATHY

Appeals are dismissed

Bench: P.S.DINESH KUMAR,C.M. POONACHA

3 Income Tax Appellate Tribunal I.T.A Nos.176/2015, 520/2014, 175/2015, 177/2015, 178/2015, 179/2015, 298/2015 12 • During 2007, assessees have sold their lands duly converted for non-agricultural purposes, in favour of M/s. ELT Corporate Services Pvt. Ltd., and others. The agreement and the sale deeds disclose that the lands sold are converted lands; • the Assessing Officer has rightly held that

M/S KEMFIN SERVICES PVT LTD vs. THE ASSISTANT COMMISSIONER OF INCOME TAX

In the result, the appeal is allowed

Bench: ALOK ARADHE,HEMANT CHANDANGOUDAR

70 OF 2011 ITA NO.149/2011 BETWEEN: M/S KEMFIN SERVICES PVT. LTD. KEMWELL HOUSE, 11, TUMKUR ROAD BANGALORE – 560 022. ... APPELLANT (BY SRI.CHYTHANYA K.K., ADV.,) AND: THE ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE – 11 (5) BANGALORE ... RESPONDENT (By Sri.K.V.ARAVIND, ADV.) - - - THIS ITA IS FILED UNDER SECTION 260-A OF THE I.T.ACT, 1961 ARISING OUT OF ORDER DATED 30.03.2011 PASSED

COMMISSIONER OF INCOME TAX-III vs. M/S SYNDICATE BANK

The appeals are disposed of

Bench: ALOK ARADHE,RAVI V HOSMANI

Section 70(3) of the Act. An order was passed withdrawing an amount of Rs.51,06,737/- from long term capital loss and same has been taxed as short term capital gains

THE COMMISSIONER OF INCOME TAX vs. M/S. KUMERGODE INVESTMENTS LTD

Appeal is Dismissed

Bench: B.VEERAPPA,N.KUMAR

Section 263 of the Income Tax Act, 1961, restoring the order of the Assessing Authority. 2. The Assessee Company is in the business of financial investments. During the year 2003-04, the assessee company earned capital gain of Rs.1,23,70,071/- from sale of shares and set off the same as against long term capital loss brought forward

SMT JOSHNA RAJENDRA vs. THE INCOME TAX OFFICER

Accordingly, it stands dismissed

Bench: ARAVIND KUMAR,SURAJ GOVINDARAJ

3 :- Assessing Officer issued notice to assessee under Section 148 of the Act on 17.02.2012. Subsequently, notices under Sections 143(2) and 142(1) of the Act came to be issued to assessee on 16.03.2012 and 20.09.2012 respectively. On the basis of the reply received, assessment order came to be passed on 19.03.2013 (Annexure-B). 4. Being aggrieved by said

THE COMMISSIONER OF INCOME TAX vs. M/S KHIVRAJ MOTORS

Appeal is hereby dismissed;

Bench: ARAVIND KUMAR,VINEET SARAN

3. Assessee filed his Return of Income for the assessment year 2005-06 in which it was declared that assessee has received 22,100 sq ft. of built up area in the commercial complex, which was also pursuant to the MOU and the agreement referred to herein supra. Capital gains was arrived at Rs.1,76,88,000/- by taking

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

gainful employment except his influence in political background of his grand father, father, uncle, whereas the respondent No.2 - A.Manju is a qualified law graduate and Ex-Minister and Ex-member of various organization was contested and succeeded against JDS. The BJP had expected the Hassan constituency to be the winning constituency. The respondent No.1 while filing his nomination

M/S FIDELITY BUSINESS SERVICES INDIA PVT LTD vs. ASSISTANT COMMISSIONER OF INCOME TAX

Bench: S.SUJATHA,VINEET KOTHARI

3,17,400/- and the said shares were sold through another broker for `2,94,300/- on 29/03/1962 and thus the Assessee incurred a loss of `23,100/- for the said year, the learned Tribunal held that though the said loss in sale and purchase of the shares could not be termed as ‘speculative transactions’ and the lower Authorities were