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

The appeals stand disposed of, accordingly

Bench: N.KUMAR,B.SREENIVASE GOWDA

3) was completed and orders dated 29.12.2006 for assessment year 2004-05 was passed after - 23 - making certain allowances/ disallowances, re-computation of deductions u/s 10A and 80-IB leading to a taxable income of Rs.846,77,24,943/-. 11. Assessee preferred an appeal before the Commissioner of Income Tax (Appeals) [CIT(A)] which was disposed

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

The appeals stand disposed of, accordingly

Bench: N.KUMAR,B.SREENIVASE GOWDA

3) was completed and orders dated 29.12.2006 for assessment year 2004-05 was passed after - 23 - making certain allowances/ disallowances, re-computation of deductions u/s 10A and 80-IB leading to a taxable income of Rs.846,77,24,943/-. 11. Assessee preferred an appeal before the Commissioner of Income Tax (Appeals) [CIT(A)] which was disposed

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

3. The tribunal by an order dated 04.01.2017 inter alia by placing reliance on its order passed in the earlier Assessment Year with regard to Transfer Pricing Adjustment (TPA) on account of interest free loan provided to the subsidiary held that Transfer Pricing Adjustment is possible only in cases where comparable uncontrolled transactions entered into between two enterprises are established

CGI INFORMATION SYSTEMS vs. DEPUTY COMMISSIONER OF

Appeals are allowed

Bench: P.S.DINESH KUMAR,T.G. SHIVASHANKARE GOWDA

disallowance of deduction under Section 10A of the IT Act for A.Y.1998-949, the AO had granted the relief under Section 80HHE for the subsequent two years. 3

CGI INFORMATION SYSTEMS vs. THE INCOME TAX OFFICER

Appeals are allowed

Bench: P.S.DINESH KUMAR,T.G. SHIVASHANKARE GOWDA

disallowance of deduction under Section 10A of the IT Act for A.Y.1998-949, the AO had granted the relief under Section 80HHE for the subsequent two years. 3

CGI INFORMATION SYSTEMS vs. THE INCOME TAX OFFICER

Appeals are allowed

Bench: P.S.DINESH KUMAR,T.G. SHIVASHANKARE GOWDA

disallowance of deduction under Section 10A of the IT Act for A.Y.1998-949, the AO had granted the relief under Section 80HHE for the subsequent two years. 3

PR.COMMISSIONER OF INCOMETAX-2 vs. M/S.EYGBS (INDIA) PVT LTD

Bench: CHIEF JUSTICE,C M JOSHI

3) of Section 92C are attracted. It follows that sub-section (4) of Section 92C is not attracted. 25. More importantly, the proviso to sub-section (4) of Section 92C also clearly states that no deduction under Section 10A or 10AA or 10B or under Chapter VI-A of the Act would be allowed in respect of the amount

COMMISSIONER OF INCOME TAX-III vs. M/S. ONMOBILE GLOBAL LTD

In the result, the matter is remitted to the Tribunal to

Bench: ALOK ARADHE,R. NATARAJ

3) of the Act was passed by the Assessing Authority, by which the assessing authority disallowed the deduction claimed in respect of stamp duty charges, professional and legal charges, depreciation on computers as well as claims made under Section 80JJAA of the Act as well as Section 10A

THE PR COMMISSIONER OF INCOME TAX, CIT(A) vs. M/S INFOSYS LTD

Bench: P.S.DINESH KUMAR,T.G. SHIVASHANKARE GOWDA

disallowance of Rs.25,20,566/- made under Section 14A of the Act? 6. Whether on the facts and in the circumstances of the case and in law, the Tribunal is right in law in setting - 5 - ITA No. 348 of 2018 A/W ITA No. 349 of 2018 aside non allowance of double taxation relief on account of variation in deduction

M/S SUBEX LIMITED vs. THE DEPUTY COMMISSIONER OF

Appeal is allowed

Bench: P.S.DINESH KUMAR,M G UMA

disallowance of deduction of Rs.9,53,10,234/- being the sale of hardware component from export turnover under Section 10A of the Act. This appeal has been admitted to consider the following question of law: " Whether on the facts and in the circumstances of the case, the Honorable ITAT was right in law in excluding

THE COMMISSIONER OF INCOME TAX vs. M/S SHRIRAM CHITS

Appeal is allowed

Bench: ARAVIND KUMAR,JAYANT PATEL

disallowance of deduction of Rs.9,53,10,234/- being the sale of hardware component from export turnover under Section 10A of the Act. This appeal has been admitted to consider the following question of law: " Whether on the facts and in the circumstances of the case, the Honorable ITAT was right in law in excluding

THE PR COMMISSIONER OF INCOME TAX vs. M/S EXIDE LIFE INSURANCE CO LTD

In the result, both the appeals stand dismissed

Bench: S.SUJATHA,RAVI V HOSMANI

3. ITA No.118/2020 is filed by the revenue under Section 260A of the Income Tax Act, 1961 challenging the order dated 13.12.2019 of the Income 4 Tax Appellate Tribunal, “A” Bench, Bangalore (‘Tribunal’ for short) in ITA No.1005/Bang/2019 relating to the assessment year 2014-15. 4. These appeals were admitted to consider the following substantial questions

THE PR COMMISSIONER OF INCOME TAX vs. M/S EXIDE LIFE INSURANCE COMPANY LTD

In the result, both the appeals stand dismissed

Bench: S.SUJATHA,RAVI V HOSMANI

3. ITA No.118/2020 is filed by the revenue under Section 260A of the Income Tax Act, 1961 challenging the order dated 13.12.2019 of the Income 4 Tax Appellate Tribunal, “A” Bench, Bangalore (‘Tribunal’ for short) in ITA No.1005/Bang/2019 relating to the assessment year 2014-15. 4. These appeals were admitted to consider the following substantial questions

M/S METRIX PRECISION COMPONENTS PVT. LIMITED vs. THE DEPUTY COMMISSIONER OF INCOME TAX

In the result, the appeal is allowed

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

disallowed the claim of deduction of the assessee under Section 10B of the Act. 3. The assessee thereupon filed an appeal before the Commissioner of Income Tax (Appeals). The Commissioner of Income Tax (Appeals) by an order dated 20.09.2012 inter alia held that the assessee has not satisfied the conditions required for claiming deduction under Section

M/S GRANITE MART LIMITED vs. THE INCOME-TAX OFFICER

In the result the order passed by the

Bench: ALOK ARADHE,M.NAGAPRASANNA

disallowed the claim for deduction under Section 10B of the Act in respect of the sales made through third parties i.e., export houses and inter unit transfers. The Assessing Officer determined the income of the appellant as Rs.1,09,72,680/- as against the income declared by the appellant of Rs.1,88,920/- and passed an order under Section

PRINCIPAL COMMISSIONER OF INCOME TAX-4 vs. M/S MCML SYSTEMS PVT LTD

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

disallowance, the assessee filed appeal before the Commissioner of Income Tax Appeals, Bengaluru. The Appellate Authority partly allowed the appeal filed by the assessee in respect of deductions made under Section 10A of the Act. The revenue, aggrieved by the said order, filed ITA ITA.Nos.36-37/2018 - 3

M/S COURSE5 INTELLIGENCE PVT. LTD., vs. THE INCOME TAX OFFICER

Appeals stand disposed of, as indicated above

Bench: S.SUJATHA,RAVI V HOSMANI

disallowance on account of non deduction of tax under 5 Section 195 in violation of a specific provisions of the Act and should not be eligible for incentive under Section 10A? 3

PR COMMISSIONER OF INCOME TAX vs. M/S GE MEDICAL SYSTEMS INDIA PVT.LTD

Bench: S.SUJATHA,VINEET KOTHARI

section 10A provides that such expenses have to be reduced only from the export turnover? (3) Whether on the facts and in the circumstances of the Tribunal erred in setting aside the disallowance