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

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 vs. THE KARNATAKA STATE

Bench: ABHAY SHREENIWAS OKA (CJ),S.G.PANDIT

4 - selected for scrutiny under Section 143(2) of the Act, for both the assessment years 2008-2009 and 2009-2010. The respondent-assessee made available necessary information before the Assessing Officer. The Assessing Officer, based on the material on record, disallowed the claim of depreciation

PR. COMMISSIONER OF INCOME TAX vs. SRI SRI ADICHUNCHUNAGIRI SHIKSHANA TRUST

In the result, all the appeals are

Bench: JAYANT PATEL,B.SREENIVASE GOWDA

Section 10(23) of the Act. The addition of income was made on account of disallowance of depreciation by the Assessing Officer. 4

COMMISSIONER OF INCOME vs. SRI ADICHUNCHANAGIRI

The appeals are dismissed

Bench: S.SUJATHA,N.K.PATIL

Section 10(23) of the Act. The addition of income was made on account of disallowance of depreciation by the Assessing Officer. 4

THE COMMISSIONER OF INCOME TAX vs. M/S KARNATAKA REDDY JANASANGHA

The appeals are dismissed

Bench: S.SUJATHA,N.K.PATIL

Section 10(23) of the Act. The addition of income was made on account of disallowance of depreciation by the Assessing Officer. 4

THE DIRECTOR OF INCOME TAX vs. INTERNATIONAL INSTITUTE OF INFORMATION TECHNOLOGY

The appeals are dismissed

Bench: S.SUJATHA,N.K.PATIL

Section 10(23) of the Act. The addition of income was made on account of disallowance of depreciation by the Assessing Officer. 4

THE DIRECTOR OF INCOME TAX EXEMPTIONS vs. AL-AMEEN CHARITABLE FUND TRUST

The appeals are dismissed

Bench: S.SUJATHA,N.K.PATIL

Section 10(23) of the Act. The addition of income was made on account of disallowance of depreciation by the Assessing Officer. 4

THE DIRECTOR OF INCOME TAX vs. M/S GOKULA EDUCATION FOUNDATION (MEDICAL)

The appeals are dismissed

Bench: S.SUJATHA,N.K.PATIL

Section 10(23) of the Act. The addition of income was made on account of disallowance of depreciation by the Assessing Officer. 4

THE COMMISSIONER OF INCOME TAX vs. SRI ADICHUNCHUNGIRI

The appeals are dismissed

Bench: S.SUJATHA,N.K.PATIL

Section 10(23) of the Act. The addition of income was made on account of disallowance of depreciation by the Assessing Officer. 4

THE DIRECTOR OF INCOME TAX vs. M/S GOKULA EDUCATION FOUNDATION

The appeals are dismissed

Bench: S.SUJATHA,N.K.PATIL

Section 10(23) of the Act. The addition of income was made on account of disallowance of depreciation by the Assessing Officer. 4

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

Bench: S.SUJATHA,VINEET KOTHARI

4).” 56. The Full Bench of Gujarat High Court in the case of Commissioner of Income-Tax, Gujarat-I Vs. Cellulose Products of India Ltd.[1985] 151 ITR 499 (Guj) (FB) held that the scope of appeal before the Tribunal extends to the subject matter of the appeal before the Appellate Assistant Commissioner (AAC), the first Appellate Authority and merely

THE DIRECTOR OF INCOME TAX vs. M/S. KRUPANIDHI EDUCATION

Bench: S.SUJATHA,VINEET KOTHARI

4. Whether, on the facts and in circumstances of the case, the Tribunal was correct in holding that depreciation is allowable in cases of trust on normal commercial principles, where the assessment of trusts are covered under section

HEWLETT-PACKARD INDIA SALES PRIVATE LIMITED vs. THE COMMISSIONER OF INCOME TAX

In the result, the order of the

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

depreciation on assets given on lease under Section 32 4 of the Act. The Assessing Officer by an order dated

DIRECTOR OF INCOME TAX (EXEMPTIONS) vs. M/S INTERNATIONAL INSTITUTE OF INFORMATION

Bench: S.SUJATHA,VINEET KOTHARI

section 11 on commercial principles after providing for allowance for normal depreciation and deduction thereof from gross income of the Trust. In view of the aforestated Judgment of the Bombay High Court, we answer question No. 1 in the affirmative i.e., in favour of the assessee and against the department. 4

COMMISISONER OF INCOME TAX vs. OHIO UNIVERSITY CHRIST COLLEGE

Bench: S.SUJATHA,VINEET KOTHARI

Section 11(4) is not intended to explain how the accounts of the business undertaking should be maintained. It is intended only to bring Date of Judgment: 17.07.2018 in ITA Nos.312 & 313 of 2016 Commissioner of Income-tax & another vs. Ohio University Christ College 38/47 to tax the excess income computed under the provisions of the Act in respect

M/S PADMINI PRODUCTS (P) LTD., vs. THE DEPUTY COMMISSIONER OF INCOME TAX

In the result, the aforesaid

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

depreciation by citing the provision of Section 43(1) and Explanation 3 thereof. The Tribunal therefore, dismissed the appeal preferred by the assessee. Being aggrieved, the assessee is in appeal before us. 4

THE PR. COMMISSIONER OF INCOME TAX vs. M/S CISCO SYSTEMS

The appeals are allowed; the impugned

Bench: SATISH CHANDRA SHARMA,R. NATARAJ

depreciation on assets leased under finance lease without appreciating the facts in the light of the provisions of Section 32 of the Act of 1961 and therefore, the same has resulted in prejudicial to the interests of the revenue. 4