INGRAM MICRO INDIA PVT. LTD. vs. THE STATE OF KARNATAKA

Of the Department's clouded interpretation of the Centum

Bench: ANAND BYRAREDDY

iii) provide for claim of input tax rebate of preceding tax periods in the return filed for the subsequent tax period, if input tax rebate was not claimed in the relevant tax period. This is to facilitate the dealer to claim input tax credit at a later date as per their business practices of accounting.” Therefore, Section 10

M/S. HINDUSTAN COCA COLA vs. STATE OF KARNATAKA

Of the Department's clouded interpretation of the Centum

Bench: ANAND BYRAREDDY

iii) provide for claim of input tax rebate of preceding tax periods in the return filed for the subsequent tax period, if input tax rebate was not claimed in the relevant tax period. This is to facilitate the dealer to claim input tax credit at a later date as per their business practices of accounting.” Therefore, Section 10

M/S INDIA MOTOR PARTS & ACCESSORIES LTD vs. THE DEPUTY COMMISSIONER OF

Of the Department's clouded interpretation of the Centum

Bench: ANAND BYRAREDDY

iii) provide for claim of input tax rebate of preceding tax periods in the return filed for the subsequent tax period, if input tax rebate was not claimed in the relevant tax period. This is to facilitate the dealer to claim input tax credit at a later date as per their business practices of accounting.” Therefore, Section 10

SONAL APPAREL PRIVATE LTD., vs. THE STATE OF KARNATAKA

Of the Department's clouded interpretation of the Centum

Bench: ANAND BYRAREDDY

iii) provide for claim of input tax rebate of preceding tax periods in the return filed for the subsequent tax period, if input tax rebate was not claimed in the relevant tax period. This is to facilitate the dealer to claim input tax credit at a later date as per their business practices of accounting.” Therefore, Section 10

ACE DESIGNERS LIMITED vs. THE STATE OF KARNATAKA

Of the Department's clouded interpretation of the Centum

Bench: ANAND BYRAREDDY

iii) provide for claim of input tax rebate of preceding tax periods in the return filed for the subsequent tax period, if input tax rebate was not claimed in the relevant tax period. This is to facilitate the dealer to claim input tax credit at a later date as per their business practices of accounting.” Therefore, Section 10

DEPA INDIA PRIVATE LTD. vs. THE STATE OF KARNATAKA

Of the Department's clouded interpretation of the Centum

Bench: ANAND BYRAREDDY

iii) provide for claim of input tax rebate of preceding tax periods in the return filed for the subsequent tax period, if input tax rebate was not claimed in the relevant tax period. This is to facilitate the dealer to claim input tax credit at a later date as per their business practices of accounting.” Therefore, Section 10

KAVERI PLASTO CONTAINERS PVT LTD vs. THE STATE OF KARNATAKA

Of the Department's clouded interpretation of the Centum

Bench: ANAND BYRAREDDY

iii) provide for claim of input tax rebate of preceding tax periods in the return filed for the subsequent tax period, if input tax rebate was not claimed in the relevant tax period. This is to facilitate the dealer to claim input tax credit at a later date as per their business practices of accounting.” Therefore, Section 10

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)

iii) an association of persons or a body of individuals, whether incorporated or not, but excluding any fund or trust or institution eligible for exemption under clause (23C) of section 10 or registered under Section 12AA; (iv) a local authority; and (v) every artificial juridical person, not falling within any of the preceding sub-clauses; (b) “fringe benefit

THE COMMISSIONER OF INCOME-TAX vs. TEXAS INSTRUMENTS INDIA PVT LTD

The appeals are dismissed

Bench: SATISH CHANDRA SHARMA,SURAJ GOVINDARAJ

iii) to section 80JJAA of the Act read with section 2(s) of the Industrial Dispute Act and employees who have worked for 300 I.T.A. NO.141 OF 2020 c/w I.T.A. NO.151 OF 2020 11 days in a previous are eligible for the purpose of deduction under section 80JJAA in the succeeding year if he completes 300 days in such succeeding

THE PRINCIPAL COMMISSIONER vs. M/S OBULAPURAM MINING

Bench: K.SOMASHEKAR,UMESH M ADIGA

10,000 Mts and accordingly disallowing @40%, the expenses on the same?” 21. Learned Standing Counsel Sri.Y.V.Raviraj has facilitated the order of the ITAT in IT(TP) A No.182 (Bang) 2014 of the assessment year 2009-10, wherein the ITAT has held that the assessee’s appeal directed against the assessment order passed by the A.O. under Section 144C

COFFEEDAY GLOBAL LTD. vs. ADDITIONAL COMMISSIONER OF INCOME TAX

In the result, the orders dated 21

Bench: ALOK ARADHE,ASHOK S.KINAGI

Section 14A of the Act, to the extent of Rs.7,35,920/- under Rule 8D(2)(iii) 9 was upheld and to the extent of the balance of Rs.70,36,410/- under Rule 8D(2)(ii), was deleted, and it was held that the said investments were made out of funds owned by the assessee and not from the borrowed

PR. COMMISSIONER OF INCOME TAX vs. M/S AMALGAMATED BEAN COFFEE TRADING CO LTD

In the result, the orders dated 21

Bench: ALOK ARADHE,ASHOK S.KINAGI

Section 14A of the Act, to the extent of Rs.7,35,920/- under Rule 8D(2)(iii) 9 was upheld and to the extent of the balance of Rs.70,36,410/- under Rule 8D(2)(ii), was deleted, and it was held that the said investments were made out of funds owned by the assessee and not from the borrowed

COFFEEDAY GLOBAL LTD. vs. ADDITIONAL COMMISSIONER OF INCOME TAX

In the result, the orders dated 21

Bench: ALOK ARADHE,ASHOK S.KINAGI

Section 14A of the Act, to the extent of Rs.7,35,920/- under Rule 8D(2)(iii) 9 was upheld and to the extent of the balance of Rs.70,36,410/- under Rule 8D(2)(ii), was deleted, and it was held that the said investments were made out of funds owned by the assessee and not from the borrowed

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

The appeals stand disposed of, accordingly

Bench: N.KUMAR,B.SREENIVASE GOWDA

III, it does not therefore partake of the nature of total income chargeable to tax as per the - 29 - provisions of Section 4 of the Act. In the second instance, no tax was paid on this income. The credit is being claimed under the provisions of Section 90, which is applicable for the grant of relief in respect of income

M/S WIPRO LIMITED vs. THE DEPUTY COMMISSIONER OF INCOME TAX

The appeals stand disposed of, accordingly

Bench: N.KUMAR,B.SREENIVASE GOWDA

III, it does not therefore partake of the nature of total income chargeable to tax as per the - 29 - provisions of Section 4 of the Act. In the second instance, no tax was paid on this income. The credit is being claimed under the provisions of Section 90, which is applicable for the grant of relief in respect of income

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

Bench: S.SUJATHA,VINEET KOTHARI

iii) the proceeds of any shares or other specified securities. Provided that no buy-back of any kind of shares or other specified securities shall be made out of the proceeds of an earlier issue of the same kind of shares or same kind of other specified securities. (2) No company shall purchase its own shares or other specified securities

M/S J K CEMENT WORKS vs. THE STATE OF KARNATAKA

Bench: H.B.PRABHAKARA SASTRY,VINEET KOTHARI

10. In the present case, though the cement is specified in item No.5 of Fifth Schedule, since the cement in the present case was admittedly utilised for laying down of foundation and civil works for erection of cement manufacturing plant and machinery itself, such cement, along with the plant and Date of Order: 23.03.2017 STRP Nos.100001

THE COMMISSIONER OF INCOME TAX vs. PRAVEEN V DODDANAVAR

Bench: SREENIVAS HARISH KUMAR,VINEET KOTHARI

10. In the present case, though the cement is specified in item No.5 of Fifth Schedule, since the cement in the present case was admittedly utilised for laying down of foundation and civil works for erection of cement manufacturing plant and machinery itself, such cement, along with the plant and Date of Order: 23.03.2017 STRP Nos.100001