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

Of the Department's clouded interpretation of the Centum

Bench: ANAND BYRAREDDY

disallowed. The provision is therefore very clearly a substantive one in nature. That the legislature by way of amendment of Section 10(3

ACE DESIGNERS LIMITED vs. THE STATE OF KARNATAKA

Of the Department's clouded interpretation of the Centum

Bench: ANAND BYRAREDDY

disallowed. The provision is therefore very clearly a substantive one in nature. That the legislature by way of amendment of Section 10(3

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

Of the Department's clouded interpretation of the Centum

Bench: ANAND BYRAREDDY

disallowed. The provision is therefore very clearly a substantive one in nature. That the legislature by way of amendment of Section 10(3

DEPA INDIA PRIVATE LTD. vs. THE STATE OF KARNATAKA

Of the Department's clouded interpretation of the Centum

Bench: ANAND BYRAREDDY

disallowed. The provision is therefore very clearly a substantive one in nature. That the legislature by way of amendment of Section 10(3

KAVERI PLASTO CONTAINERS PVT LTD vs. THE STATE OF KARNATAKA

Of the Department's clouded interpretation of the Centum

Bench: ANAND BYRAREDDY

disallowed. The provision is therefore very clearly a substantive one in nature. That the legislature by way of amendment of Section 10(3

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

Of the Department's clouded interpretation of the Centum

Bench: ANAND BYRAREDDY

disallowed. The provision is therefore very clearly a substantive one in nature. That the legislature by way of amendment of Section 10(3

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

Of the Department's clouded interpretation of the Centum

Bench: ANAND BYRAREDDY

disallowed. The provision is therefore very clearly a substantive one in nature. That the legislature by way of amendment of Section 10(3

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

Of the Department's clouded interpretation of the Centum

Bench: ANAND BYRAREDDY

disallowed. The provision is therefore very clearly a substantive one in nature. That the legislature by way of amendment of Section 10(3

M/S MYSORE POLYMERS & RUBBER PRODUCTS LTD vs. THE COMMISSIONER OF COMMERCIAL TAXES

In the result, writ appeal No

Bench: D.V.SHYLENDRA KUMAR,B.S.INDRAKALA

10 whose total turnover in a year is not less than the turnovers specified in the said sub-Sections, shall be liable to pay tax at the rate of one and half percent of such portion of the total turnover which is not liable to tax under Sections 5, 5-A, 5-B, 5-C or 6. Provided that

M/S NAM ESTATES PVT. LTD. vs. THE INCOME TAX OFFICER

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

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

disallowance under sub- 9 Section (3) of Section 40A shall be made no payment shall be deemed to be the profits and gains of business or profession under sub-Section (3A) of Section 40A where a payment or aggregate of payments made to a person in a day, otherwise than by an account payee cheque drawn on a bank

THE COMMISSIONER OF INCOME-TAX vs. M/S. MANDAVI BUILDERS

In the result, the appeal fails and is hereby

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

disallowance to be made in respect of transactions which were made subsequent to introduction of clauses (e) and (f) of Section 80IB(10) of the Act as well as the residential units where there was a violation of condition (c) of Section 80IB(10) of the Act both the Assessment Years. The Tribunal further held that the assessee is eligible

M/S J K INDUSTRIES LTD vs. THE JOINT COMMISSIONER OF INCOME TAX

In the result, all questions are answered against the

Bench: D.V.SHYLENDRA KUMAR,B.SREENIVASE GOWDA

10 80HHC. Deduction in respect of profits retained for export business. xxx (3) For the purpose of sub-section (1) - xxx Provided that the profits computed under clause (a) or clause (b) or clause (c) of this sub- section shall be further increased by the amount which bears to ninety per cent of any sum referred to in clause (iiia

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

In the result, I proceed to pass the following:

Bench: The Hon’Ble Mr.Justice Aravind Kumar

disallow such claim made by the assessee though duly certified by the prescribed authority by taking recourse to the later portion of sub-clause (ii) of sub-section (4) of Section 43 of the Act. He would summarise his 9 submissions by contending the definition of ‘scientific research’ found in Section 43(4) has been imported to Section

M/S.M K AGROTECH PRIVATE LTD vs. THE ADDL COMMISSIONER OF INCOME TAX

The appeal is allowed

Bench: The Hon'Ble Mr. Justice Ravi Malimath

10 that the provisions are not intended to restrict the business activities. There is no restriction on the assessee in his trading activities. Section 40A(3) only empowers the Assessing Officer to disallow

PR COMMISSIONER OF INCOME TAX - 4 vs. M/S MAJESTIC DEVELOPERS

Appeal is dismissed

Bench: ARAVIND KUMAR,SURAJ GOVINDARAJ

disallowed by the Assessing Officer on the ground that assessee had failed to produce completion certification. The first Appellate Authority viz., CIT (Appeals) considered the claim of assessee in the background of -: 4 :- provisions viz., under Section 80-IB(10) of the Act and second Explanation to clause (3

THE PR COMMISSIONER OF INCOME TAX CIT(A) vs. M/S KARAVALI HOUSING

In the result, appeal stands dismissed

Bench: S.SUJATHA,RAVI V HOSMANI

disallowing the 3 deduction under Section 80IB(10) as amended by the assessee. On further appeal, the Commissioner of Income

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

The appeals are allowed; the impugned

Bench: SATISH CHANDRA SHARMA,R. NATARAJ

disallowed the excess depreciation claimed on networking equipments. 3. The Principal Commissioner of Income Tax, Bengaluru, thereafter issued a notice under Section 263 of the Act of 1961 on 5.3.2015 and called upon the assessee to explain as to why the assessment order passed by the assessing officer under Section 143(3) of the Act of 1961 should

M/S T T K PRESTIGE LTD vs. THE DEPUTY COMMISSIONER OF INCOME TAX

Bench: The Hon’Ble Mrs.Justice S.Sujatha

3] of the Act and it is only in the circumstances where there is ‘reason to believe’ that there is an escapement of income to assessment, Section 147 can be invoked, otherwise it is a review made by the AO with ‘change of opinion’. Learned Counsel submitted that the return as well as the other documents made available