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7 results for “disallowance”+ Section 164(2)clear

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Key Topics

Section 26015Section 10A10Deduction3Disallowance3Section 102Section 143(3)2Section 2542Section 2(22)(e)2Section 14A2Section 80P(2)(a)

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

2)(v) of the Income Tax Act and it allowed the expenditure as “current repairs to the existing machinery”. The Apex Court upholding the said Order of the learned Tribunal held that such Order could be passed within its powers under Section 33(4) of the Act to pass such Orders ‘as it thinks fit’. Date of Judgment

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

The appeals stand disposed of, accordingly

ITA/211/2009HC Karnataka25 Mar 2015

Bench: N.KUMAR,B.SREENIVASE GOWDA

2
Section 260

Section 145A of the Income- tax Act which was inserted with effect from assessment year 1999-2000. The said provision states that the valuation of stock should include the amount of any tax duty, cess or fee - 94 - actually paid or incurred to bring the goods to its present location and condition. The Department has followed a consistent stand

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

The appeals stand disposed of, accordingly

ITA/881/2008HC Karnataka25 Mar 2015

Bench: N.KUMAR,B.SREENIVASE GOWDA

Section 260

Section 145A of the Income- tax Act which was inserted with effect from assessment year 1999-2000. The said provision states that the valuation of stock should include the amount of any tax duty, cess or fee - 94 - actually paid or incurred to bring the goods to its present location and condition. The Department has followed a consistent stand

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

Appeal is allowed in part accordingly

ITA/297/2017HC Karnataka13 Mar 2023

Bench: P.S.DINESH KUMAR,C.M. POONACHA

Section 14ASection 260Section 36(1)(ii)Section 37Section 40A(2)

disallowed the payments of `1,45,83,467/- claimed under Section 36(1)(iii) of the Income Tax Act, 1961 (for short 'Act') and added it to the 2 125 taxmann.com 164

BANNANJE GRAHAKARA VIVIDHODDESHA SAHARAKA SANGHA LTD., vs. THE COMMISSIONER OF INCOME TAX (APPEALS)

The appeal stands disposed of

ITA/55/2025HC Karnataka22 Jan 2026

Bench: S.G.PANDIT,K. V. ARAVIND

Section 143Section 260Section 56Section 80P(2)Section 80P(2)(a)

164 in - 3 - HC-KAR NC: 2026:KHC:3588-DB ITA No. 55 of 2025 numbers as Nominal/Associate members and thereby erred in denying benefit of deduction under Section 80P(2)(a)(i) of the Act? (ii) Whether on the facts and circumstances of the case and in law, was it correct in holding that the interest on investments derived

M/S SUBEX LIMITED vs. THE DEPUTY COMMISSIONER OF

Appeal is allowed

ITA/42/2017HC Karnataka26 Aug 2022

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

Section 10Section 10ASection 143(3)Section 260

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

RP/42/2017HC Karnataka16 Jun 2017

Bench: ARAVIND KUMAR,JAYANT PATEL

Section 10Section 10ASection 143(3)Section 260

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