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6 results for “depreciation”+ TP Methodclear

Sorted by relevance

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Key Topics

Section 10B10Section 2607Depreciation4Section 403Disallowance3Addition to Income3Section 260A2Section 14A2Section 2542Section 2(22)(e)

PRINCIPAL COMMISSIONER OF INCOME TAX - 5 vs. M/S NCR CORPORATION (INDIA) PVT LTD

Appeal is dismissed

ITA/254/2020HC Karnataka26 Feb 2021

Bench: SATISH CHANDRA SHARMA,V SRISHANANDA

Section 143(1)Section 143(2)Section 260ASection 32(1)Section 37

TP)A. No.1090/Bang/2012 (Annexure-A) with the following substantial question of law: "Whether on the facts and circumstances of the case and in law, the Tribunal was right in allowing substantial expenditure of Rs.3.51 crores incurred on renovation of the office building as revenue expenditure without appreciating that this expenditure is of such nature, which fits into expenditure mentioned

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

2
Section 143(3)2
Comparables/TP2
ITA/271/2017HC Karnataka16 Jan 2021

Bench: ALOK ARADHE,R. NATARAJ

Section 14ASection 260Section 260ASection 40Section 9

TP)A No.1512/Bang/2010 dated 26.06.2015 even when assessing authority rightly held that payment for 3 purchase of software was in the nature of 'royalty' in terms of Explanation 2 to Section 9 (1)(vi) of the Act? (2) Whether on the facts and in the circumstances of the case, the Tribunal is right in setting aside disallowance made under Section

PRINICIPAL COMMISSIONER vs. M/S NOVELL SOFTWARE

ITA/334/2015HC Karnataka18 Jul 2018

Bench: S.SUJATHA,VINEET KOTHARI

Section 260

TP order) demonstrates that the revenues are more or less consistent for the Date of Judgment 18-07-2018 I.T.A.No.334/2015 Principal Commissioner of Income Tax & Anr Vs. M/s. Novell Software Development (India) Pvt. Ltd., 8/14 previous financial years and has only substantially decreased in the financial year 2004-05. The relevant extract of the Annual Report (Page

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

The appeal is dismissed accordingly

ITA/62/2018HC Karnataka24 Feb 2021

Bench: SATISH CHANDRA SHARMA,V SRISHANANDA

Section 10BSection 143(3)Section 144Section 260

TP)A. No.242/Bang/2014 for the assessment year 2009-10. 2. The facts of the case reveal that the respondent – assessee is a company duly incorporated under the Companies Act, 1956 and is engaged in the business of providing software development services to its group of companies. It is a subsidiary of Mphasis group. The return of income for the assessment

SMT. PUNEETHA @ PUNEETHA B. A. vs. SRI. D. RAVI

The appeal is dismissed accordingly

RPFC/62/2018HC Karnataka28 Feb 2020

Bench: R DEVDAS

Section 10BSection 143(3)Section 144Section 260

TP)A. No.242/Bang/2014 for the assessment year 2009-10. 2. The facts of the case reveal that the respondent – assessee is a company duly incorporated under the Companies Act, 1956 and is engaged in the business of providing software development services to its group of companies. It is a subsidiary of Mphasis group. The return of income for the assessment

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

ITA/512/2017HC Karnataka23 Jul 2018

Bench: S.SUJATHA,VINEET KOTHARI

Section 2(22)(e)Section 254Section 260

TP)A No.461/Bang/2016 (Annexure F), to the extent questioned herein; in the interest of justice & equity etc. This I.T.A. having been heard and reserved on 12-07-2018, coming on for Pronouncement of Judgment, this day, Dr Vineet Kothari, J, delivered the following: J U D G M E N T Mr. Percy Pardiwala. Sr. Counsel a/w Mrs. Tanmayee Rajkumar