ASSISTANT COMMISSIONER OF INCOME TAX vs. M/S GULBARGA ELECTRICITY SUPPLY COMPANY LTD.

Accordingly, appeal of Revenue is dismissed

Bench: B.VEERAPPA,VINEET KOTHARI

disallowance on that account of and therefore, the order passed by the Tribunal is not a speaking order and same is liable to be set-aside. He further contended that the CIT (Appeals) was not justified in holding that when a separate invoice is raised, no deduction is permissible under Section 194C of the Act. Therefore, he prayed to allow

THE COMMISSIONER OF INCOME TAX vs. M/S. GOKALDAS IMAGES PVT.LTD

In the result, the appeal is disposed of

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

disallowance computed under Section 14A of the Act pertains to computation of income under normal provisions of the Act and the same cannot be read into Section 115JB of the Act pertaining computation of book profits for levy of Minimum Alternate Tax (MAT). It is also pointed out that there is no express provision in 11 clause (f) of Explanation

M/S TOYOTA KIRLOSKAR MOTOR P LTD vs. INCOME TAX OFFICER

In the result, the appeal is allowed

Bench: ALOK ARADHE,M.G.S. KAMAL

disallowances made under Section 40a(i) and (ia) of the Act. The assessee thereupon furnished the information vide communication dated 12.08.2013. 4. The Assessing Officer initiated the proceeding under Section 201 and 201(1A) of the Act and treated the assessee as assessee in default in respect of the 6 amount made in provision, which was reversed / un- utilized

THE COMMISSIONER OF INCOME TAX vs. M/S CANARA BANK

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

disallow the claim of deduction? 2. Facts giving rise to filing of this appeal briefly stated are that the assessee is a banking company. The assessee filed return of income for Assessment Year 2007-08 on 29.10.2007 declaring total income of Rs.593,48,70,178/-. The return was processed under Section 143(1

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

1), # 14/3, 4TH FLOOR RASHTROTHANA BHAVAN NRUPATHUNGA ROAD, BANGALORE-560001. ... RESPONDENT (BY SRI. E.I. SANMATHI, ADV.) - - - THIS ITA IS FILED UNDER SECTION 260-A OF I.T. ACT, 1961 ARISING OUT OF ORDER DATED 05.10.2012 PASSED IN ITA NO.705/BANG/2011 FOR THE ASSESSMENT YEAR 2006-07, PRAYING THAT THIS HON’BLE COURT MAY BE PLEASED TO: (I) FORMULATE THE SUBSTANTIAL QUESTIONS

FIBRES AND FABRICS INTERNATIONAL PVT LTD vs. THE COMMISSIONER OF INCOME TAX

Appeals are dismissed

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

1 IN THE HIGH COURT OF KARNATAKA AT BANGALORE DATED THIS THE 21ST DAY OF JUNE, 2013 PRESENT THE HON’BLE MR. JUSTICE D. V. SHYLENDRA KUMAR AND THE HON’BLE MRS. JUSTICE B.S. INDRAKALA ITA NOS.119-120/2013 BETWEEN: Fibres and Fabrics International Pvt. Ltd., (A Private Company Limited by Shares, Incorporated under the Companies Act, 1956) Having its office