THE PR COMMISSIONER OF INCOME TAX vs. M/S HINDUSTAN AERONAUTICS LTD

In the result, the order of the

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

14A read with Rule 8D of the Rules is applicable to the dividend income and disallowance of expenditure in terms of Rule 8D is justified. 10. Learned counsel for the revenue in I.T.A.No.468/2016 submitted that finding of the tribunal allowing the claim under Section35(iv) of the Act for the first time before the appellate authority without revising

THE COMMISSIONER OF INCOME-TAX LTU vs. M/S. CANARA BANK

The appeal stands disposed of as

Bench: SATISH CHANDRA SHARMA,R. NATARAJ

Section 14A are satisfied in the case of Assessee? 2. Whether on the facts and in the circumstances of the case, the Tribunal is right in law in setting aside the disallowance of claim of deduction on account of commission on locker rent received in advance of Rs.112.84 Crore by following the decision of Apex Court in the case

PR COMMISSIONER OF INCOME TAX-5 vs. M/S NOVELL SOFTWARE DEVELOPMENT (INDIA) PVT.LTD.

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

Bench: ALOK ARADHE,R. NATARAJ

depreciation as prayed by the assessee and the disallowance made under Section 40(a)(i)(a) of the Act was confirmed whereas disallowance under Section 14A

PR COMMISSIONER OF vs. M/S WIPRO LIMITED

In the result, the appeal is disposed of in terms

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

depreciation relating to software? (3) Whether on the facts and in the circumstances of the case, the Tribunal is right in law in setting aside the exclusion of interest income, rental income and other income for the purpose of deduction under section 10A of the Act by placing reliance on the orders passed in the case of the assessee

THE COMMISSIONER vs. M/S CANARA BANK

In the result, the appeal stands disposed of in terms of

Bench: S.SUJATHA,RAVI V HOSMANI

14A of the Act. In view of aforesaid enunciation of law by the Supreme Court, the first substantial question of law framed by this Court is answered in favour of the assessee and against the revenue". 6. In view of the ruling of the co-ordinate bench as aforesaid, following the law enunciated by the Hon'ble Apex 8 Court

MANGALORE REFINERY AND PETROCHEMICALS LTD vs. PRINCIPAL COMMISSIONER OF INCOME TAX

In the result, I pass the following:-

Bench: The Hon'Ble Mr.Justice S.R.Krishna Kumar

Depreciation 15,35,39,722 Disallowance under section 14A of the IT Act 3,84,26,370 Assessment Year - 2009-10 Particulars

MANGALORE REFINERY AND PETROCHEMICALS LTD vs. PRINCIPAL COMMISSIONER OF INCOME TAX

In the result, I pass the following:-

Bench: The Hon'Ble Mr.Justice S.R.Krishna Kumar

Depreciation 15,35,39,722 Disallowance under section 14A of the IT Act 3,84,26,370 Assessment Year - 2009-10 Particulars

THE PR. COMMISSIONER OF INCOME TAX, vs. M/S. DELHI INTERNATIONAL AIRPORT PVT. LTD.

Bench: S.SUJATHA,S VISHWAJITH SHETTY

depreciation under section 32 on repairs and maintenance for AY 2008-09, AY 2009-10 and AY 2010-11?" - 11 - 5. Learned counsel appearing for the appellant – assessee submitted that the Tribunal erred in setting aside and restoring the issue of disallowance of collection charges under Section 40(a)(ia) of the Act pertaining to Passenger Service Fee (Security Component

M/S DELHI INTERNATIONAL AIRPORT LTD vs. THE PRINCIPAL COMMISSIONER OF INCOME TAX

Bench: S.SUJATHA,S VISHWAJITH SHETTY

depreciation under section 32 on repairs and maintenance for AY 2008-09, AY 2009-10 and AY 2010-11?" - 11 - 5. Learned counsel appearing for the appellant – assessee submitted that the Tribunal erred in setting aside and restoring the issue of disallowance of collection charges under Section 40(a)(ia) of the Act pertaining to Passenger Service Fee (Security Component

THE PR. COMMISSIONER OF INCOME TAX, vs. M/S. DELHI INTERNATIONAL AIRPORT PVT. LTD.,

Bench: S.SUJATHA,S VISHWAJITH SHETTY

depreciation under section 32 on repairs and maintenance for AY 2008-09, AY 2009-10 and AY 2010-11?" - 11 - 5. Learned counsel appearing for the appellant – assessee submitted that the Tribunal erred in setting aside and restoring the issue of disallowance of collection charges under Section 40(a)(ia) of the Act pertaining to Passenger Service Fee (Security Component

THE PR. COMMISSIONER OF INCOME TAX, vs. M/S. DELHI INTERNATIONAL AIRPORT PVT. LTD.,

Bench: S.SUJATHA,S VISHWAJITH SHETTY

depreciation under section 32 on repairs and maintenance for AY 2008-09, AY 2009-10 and AY 2010-11?" - 11 - 5. Learned counsel appearing for the appellant – assessee submitted that the Tribunal erred in setting aside and restoring the issue of disallowance of collection charges under Section 40(a)(ia) of the Act pertaining to Passenger Service Fee (Security Component

M/S DELHI INTERNATIONAL vs. THE PRINCIPAL COMMISSIONER

Bench: S.SUJATHA,S VISHWAJITH SHETTY

depreciation under section 32 on repairs and maintenance for AY 2008-09, AY 2009-10 and AY 2010-11?" - 11 - 5. Learned counsel appearing for the appellant – assessee submitted that the Tribunal erred in setting aside and restoring the issue of disallowance of collection charges under Section 40(a)(ia) of the Act pertaining to Passenger Service Fee (Security Component

M/S DELHI INTERNATIONAL AIRPORT LTD vs. THE PRINCIPAL COMMISSIONER OF INCOME TAX

Bench: S.SUJATHA,S VISHWAJITH SHETTY

depreciation under section 32 on repairs and maintenance for AY 2008-09, AY 2009-10 and AY 2010-11?" - 11 - 5. Learned counsel appearing for the appellant – assessee submitted that the Tribunal erred in setting aside and restoring the issue of disallowance of collection charges under Section 40(a)(ia) of the Act pertaining to Passenger Service Fee (Security Component

THE COMMISSIONER OF INCOME TAX vs. M/S. GOKALDAS IMAGES PVT.LTD

In the result, the appeal is disposed of

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

14A should not be added to the Book Profits of the assessee under 4 section 115JB despite the explicit provisions of Clause (i) of Explanation (1) to section 115JB? (iv) Whether on the facts and in the circumstances of the case, the Tribunal was right in law in deletion of portion of common expenses allocated even when assessing authority

THE PR. COMMISSIONER OF vs. M/S ALTIMETRIK INDIA PVT. LTD

Bench: This Court Under Section 260A Of Income Tax Act, 1961, Has Been Fixed As One Crore & Above.

Section 14A of the Act and the depreciation allowance in total would be less than one Crore, as such ceiling

THE COMMISSIONER OF INCOME-TAX, vs. M/S CORPORATION BANK

In the result, the third substantial question of law is also answered

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

depreciation on investment portfolio, disallowance of expenses with reference to exempt income under Section 14A(1) of the Income Tax Act read

M/S CANARA BANK BSCA SECTION vs. THE ASST COMMISSIONER OF INCOME TAX CIRCLE-11(2)

Bench: N.KUMAR,RATHNAKALA

section 14A of the Act to 2% of - 7 - the gross receipts on account of dividends and interest which are exempt following earlier order of his own in the assessee’s case for the assessment year 1998-99. The said order was challenged before the Tribunal. The Tribunal confirmed the said order, in view of the fact that

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

The appeals are disposed of

Bench: ALOK ARADHE,RAVI V HOSMANI

14A of the Act read with Rule 8D of the Income Tax Rules should be made applicable to all pending matters as the same is clarifactory in nature in view of the consistent stands taken by the department? (iii) Whether the tribunal was correct in holding that the estimated expenditure cannot be treated as book profit under 5 Section 115JA