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10 results for “disallowance”+ Section 197(1)clear

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Key Topics

Section 26027Section 2(22)(e)5Section 2634Section 143(2)3Section 260A2Section 143(3)2Section 1472Addition to Income2Disallowance2

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

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

Section 260
Deduction2
TDS2

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

THE PR. COMMISSIONER OF INCOME-TAX vs. M/S. TE CONNECTIVITY INDIA PVT. LTD.,

Accordingly dispose of the appeal as allowed

ITA/53/2024HC Karnataka05 Jun 2025

Bench: ACTING CHIEF JUSTICE,S RACHAIAH

Section 143(2)Section 143(3)Section 144C(13)Section 260ASection 263Section 40

197 (SC)]. 7. That apart it is his submission that, there is no error in the order of the Assessing Officer as is evident from the submissions made. The conclusion drawn by the PCIT in the order under Section 263 that a disallowance under Section 40(a)(ia) ought to be made is incorrect and erroneous/ As stated

THE PR. COMMISSIONER OF INCOME TAX (4) vs. M/S CHAMUNDI WINERY AND DISTILLERY

ITA/172/2017HC Karnataka25 Sept 2018

Bench: S.SUJATHA,VINEET KOTHARI

Section 260

1 CIT Vs. Shoorji Vallabhdas & Co. 46 ITR 144 (SC) 01-03 2 Godhra Electricity Co. Ltd Vs. CIT 225 ITR 746 (SC) 04-11 13 CIT Vs. Chemosyn Ltd 371 ITR 427 (Bom) 75-79 14 Poorna Electric Supply Co. Ltd Vs. CIT [1965] 56 ITR 521 (SC) 80-85 17 CIT Vs. Chamanlal Mangaldas

PR. COMMISSIONER OF INCOME TAX vs. M/S CHAMUNDI WINERY AND DISTILLERY

ITA/467/2015HC Karnataka25 Sept 2018

Bench: S.SUJATHA,VINEET KOTHARI

Section 260

1 CIT Vs. Shoorji Vallabhdas & Co. 46 ITR 144 (SC) 01-03 2 Godhra Electricity Co. Ltd Vs. CIT 225 ITR 746 (SC) 04-11 13 CIT Vs. Chemosyn Ltd 371 ITR 427 (Bom) 75-79 14 Poorna Electric Supply Co. Ltd Vs. CIT [1965] 56 ITR 521 (SC) 80-85 17 CIT Vs. Chamanlal Mangaldas

THE PR. COMMISSIONER OF INCOME-TAX vs. M/S FIBRES AND FABRICS INTERNATIONAL PVT. LTD.,

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

ITA/542/2016HC Karnataka17 Aug 2021

Bench: ALOK ARADHE,HEMANT CHANDANGOUDAR

Section 143(2)Section 143(3)Section 147Section 148Section 260Section 260A

1), BENGALURU. (iii) PASS SUCH OTHER SUITABLE ORDERS AS THIS HON'BLE COURT DEEMS FIT TO GRANT IN THE FACTS AND CIRCUMSTANCES OF THE CASE IN THE INTEREST OF JUSTICE AND EQUITY. THIS I.T.A. COMING ON FOR FINAL HEARING, THIS DAY, ALOK ARADHE J., DELIVERED THE FOLLOWING: JUDGMENT This appeal under Section 260A of the Income Tax Act, 1961 (hereinafter

THE COMMISSIONER OF vs. M/S ABB INDIA LTD

ITA/785/2017HC Karnataka09 Sept 2022

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

Section 260

1, 2007. 3 Assessment Year 4 Assessing Officer I.T.A No.71/2017 C/W I.T.A No.785/2017 7 7. On consideration of assessee's reply to the notice under Section 148 of the Act, the AO, vide order dated 19.12.2013 disallowed the claim made under Section 10(23G) of the Act. In addition, the Assessing Officer also proceeded to bring to tax Rs.5

ABB INDIA LTD vs. JOINT COMMISSIONER OF

ITA/71/2017HC Karnataka09 Sept 2022

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

Section 260

1, 2007. 3 Assessment Year 4 Assessing Officer I.T.A No.71/2017 C/W I.T.A No.785/2017 7 7. On consideration of assessee's reply to the notice under Section 148 of the Act, the AO, vide order dated 19.12.2013 disallowed the claim made under Section 10(23G) of the Act. In addition, the Assessing Officer also proceeded to bring to tax Rs.5

SRI MUKESH GUPTA vs. THE DEPUTY COMMISSIONER OF

The appeal is dismissed

ITA/283/2022HC Karnataka31 Oct 2025

Bench: D K SINGH,RAJESH RAI K

Section 260

disallowance of interest expenditure. The Tribunal while dismissing the appeals observed in the impugned order in Para 6 to 10-10.4 as under: 6. Aggrieved by the order of assessment, the assessee preferred an appeal to the first appellate authority. The CIT(A) confirmed the view taken by the Assessing Officer. 10 The relevant finding

SMT JAMUNA VERNEKAR vs. THE DEPUTY COMMISSIONER OF INCOME TAX

In the result, the impugned order of the tribunal dated

ITA/43/2013HC Karnataka10 Feb 2021

Bench: ALOK ARADHE,R. NATARAJ

Section 143(1)Section 143(2)Section 2(22)(e)Section 260

1) of the Act on 01.03.2009. The case of the assessee was selected for scrutiny and notice under Section 143(2) of the Act was issued to the assessee on 19.09.2008. The Assessing Officer, by an order dated 14.12.2009, completed the assessment and determined the total income of the assessee at Rs.72,77,415/- by making an addition of Rs.59