PR COMMISSIONER OF vs. M/S GMR HYDERABAD

Appeals stand disposed of accordingly

Bench: S.SUJATHA,RAVI V HOSMANI

Section 153A of the Act by - 15 - following the judgment of this Court in the case of CIT V/s. Lancy Constructions?” In ITA Nos.380/2018, 382/2018 to 385/2018: “1. Whether on the facts and in the circumstances of the case and in law, the Tribunal is right in law in allowing the depreciation on capitalization of expenditure incurred during the assessment

PR COMMISSIONER OF vs. M/S GMR HYDERABAD

Appeals stand disposed of accordingly

Bench: S.SUJATHA,RAVI V HOSMANI

Section 153A of the Act by - 15 - following the judgment of this Court in the case of CIT V/s. Lancy Constructions?” In ITA Nos.380/2018, 382/2018 to 385/2018: “1. Whether on the facts and in the circumstances of the case and in law, the Tribunal is right in law in allowing the depreciation on capitalization of expenditure incurred during the assessment

THE PR. COMMISIONER INCOME TAX vs. M/S. GMR INFRASTRUCTURE LTD

Appeals stand disposed of accordingly

Bench: S.SUJATHA,RAVI V HOSMANI

Section 153A of the Act by - 15 - following the judgment of this Court in the case of CIT V/s. Lancy Constructions?” In ITA Nos.380/2018, 382/2018 to 385/2018: “1. Whether on the facts and in the circumstances of the case and in law, the Tribunal is right in law in allowing the depreciation on capitalization of expenditure incurred during the assessment

PR. COMMISSIONER OF INCOME TAX (CENTRAL) vs. M/S. DELHI INTERNATIONAL AIRPORT PVT. LTD.,

Appeals stand disposed of accordingly

Bench: S.SUJATHA,RAVI V HOSMANI

Section 153A of the Act by - 15 - following the judgment of this Court in the case of CIT V/s. Lancy Constructions?” In ITA Nos.380/2018, 382/2018 to 385/2018: “1. Whether on the facts and in the circumstances of the case and in law, the Tribunal is right in law in allowing the depreciation on capitalization of expenditure incurred during the assessment

PR COMMISSIONER OF vs. M/S GMR HYDERABAD

Appeals stand disposed of accordingly

Bench: S.SUJATHA,RAVI V HOSMANI

Section 153A of the Act by - 15 - following the judgment of this Court in the case of CIT V/s. Lancy Constructions?” In ITA Nos.380/2018, 382/2018 to 385/2018: “1. Whether on the facts and in the circumstances of the case and in law, the Tribunal is right in law in allowing the depreciation on capitalization of expenditure incurred during the assessment

PR COMMISSIONER OF vs. M/S GMR HYDERABAD

Appeals stand disposed of accordingly

Bench: S.SUJATHA,RAVI V HOSMANI

Section 153A of the Act by - 15 - following the judgment of this Court in the case of CIT V/s. Lancy Constructions?” In ITA Nos.380/2018, 382/2018 to 385/2018: “1. Whether on the facts and in the circumstances of the case and in law, the Tribunal is right in law in allowing the depreciation on capitalization of expenditure incurred during the assessment

THE PR. COMMISIONER OF INCOME TAX vs. M/S. GMR INFRASTRUCTURE LTD

Appeals stand disposed of accordingly

Bench: S.SUJATHA,RAVI V HOSMANI

Section 153A of the Act by - 15 - following the judgment of this Court in the case of CIT V/s. Lancy Constructions?” In ITA Nos.380/2018, 382/2018 to 385/2018: “1. Whether on the facts and in the circumstances of the case and in law, the Tribunal is right in law in allowing the depreciation on capitalization of expenditure incurred during the assessment

PR COMMISSIONER OF vs. M/S GMR HYDERABAD

Appeals stand disposed of accordingly

Bench: S.SUJATHA,RAVI V HOSMANI

Section 153A of the Act by - 15 - following the judgment of this Court in the case of CIT V/s. Lancy Constructions?” In ITA Nos.380/2018, 382/2018 to 385/2018: “1. Whether on the facts and in the circumstances of the case and in law, the Tribunal is right in law in allowing the depreciation on capitalization of expenditure incurred during the assessment

PR. COMMISSIONER OF INCOME TAX vs. SMT. G. LAKSHMI ARUNA

Bench: K.SOMASHEKAR,UMESH M ADIGA

153A) in the file of the said person ignoring the intention of legislature and even when the assessing authority has passed assessment order after recording satisfaction as required under Section 153C of the Act. Therefore, the 10 appellant/Revenue in this matter raising all these grounds and also substantial questions of law relating to the order passed by the Tribunal

PR. COMMISSIONER OF INCOME TAX vs. SHRI. GALI JANARDHANA REDDY

Bench: K.SOMASHEKAR,UMESH M ADIGA

153A) in the file of the said person ignoring the intention of legislature and even when the assessing authority has passed assessment order after recording satisfaction as required under Section 153C of the Act. Therefore, the appellant/Revenue in this matter raising all these grounds and also substantial questions of law relating to the order passed by the Tribunal

THE COMMISSIONER OF INCOME-TAX vs. M/S. IBC KNOWLEDGE PARK PVT. LTD.,

In the result, the appeals filed by the Revenue

Bench: B.V.NAGARATHNA,JAYANT PATEL

disallowed as it was not meant for management of construction, but on other expenses, such as advertisement, sales promotion etc. Therefore, the income had to be assessed under the head income from other sources. The Tribunal held that the income had to be assessed as business income and the assessee could not have received a sum of Rs.78.25 lakh without

THE COMMISIONER OF INCOME-TAX vs. M/S IBC KNOWLEDGE PARK PVT LTD

In the result, the appeals filed by the Revenue

Bench: B.V.NAGARATHNA,JAYANT PATEL

disallowed as it was not meant for management of construction, but on other expenses, such as advertisement, sales promotion etc. Therefore, the income had to be assessed under the head income from other sources. The Tribunal held that the income had to be assessed as business income and the assessee could not have received a sum of Rs.78.25 lakh without

THE COMMISSIONER OF INCOME-TAX vs. M/S. IBC KNOWLEDGE PARK PVT. LTD.,

In the result, the appeals filed by the Revenue

Bench: B.V.NAGARATHNA,JAYANT PATEL

disallowed as it was not meant for management of construction, but on other expenses, such as advertisement, sales promotion etc. Therefore, the income had to be assessed under the head income from other sources. The Tribunal held that the income had to be assessed as business income and the assessee could not have received a sum of Rs.78.25 lakh without

THE PR COMMISSIONER OF INCOME TAX vs. M/S VSL MINING COMPANY PVT LTD

Appeal is dismissed as being

Bench: S.G.PANDIT,C.M. POONACHA

disallowance of deduction claimed under Section 10B of the IT Act has noticed that the said aspect is covered by a coordinate Bench judgment of this Court in the case of Tata Elxsi Ltd., v. ACIT7. Having regard to the fact that the Tribunal has decided the matter in accordance with a judgment of this Court, the Revenue

GMR INFRASTRUCTURE LIMITED vs. THE DY. COMMISSIONER OF INCOME-TAX

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

Bench: ALOK ARADHE,HEMANT CHANDANGOUDAR

disallowance under Section 14A to an extent of Rs.4,94,32,158/-. It is also urged that the Tribunal erred in not appreciating that having regard to the second proviso to Section 153A

THE PR. COMMISSIONER OF INCOME TAX, vs. M/S. DELHI INTERNATIONAL AIRPORT PVT. LTD.,

Bench: S.SUJATHA,S VISHWAJITH SHETTY

Section 143(3) r/w 153A of the Act for the assessment year under consideration disallowing the claim of the assessee

M/S DELHI INTERNATIONAL AIRPORT LTD vs. THE PRINCIPAL COMMISSIONER OF INCOME TAX

Bench: S.SUJATHA,S VISHWAJITH SHETTY

Section 143(3) r/w 153A of the Act for the assessment year under consideration disallowing the claim of the assessee

THE PR. COMMISSIONER OF INCOME TAX, vs. M/S. DELHI INTERNATIONAL AIRPORT PVT. LTD.

Bench: S.SUJATHA,S VISHWAJITH SHETTY

Section 143(3) r/w 153A of the Act for the assessment year under consideration disallowing the claim of the assessee