THE PRINCIPAL COMMISSIONER vs. M/S OBULAPURAM MINING

Bench: K.SOMASHEKAR,UMESH M ADIGA

disallowed. The jurisdictional error committed is the assessing officer’s jurisdiction is Deputy Commissioner of Income Tax, 35 Central Circle-1(3), Bengaluru, whereas the jurisdictional assessing officer of the transporters is located in Andhra Pradesh. 31.Admittedly, as stated above the evidence of transporters recorded by the assessing officer outside the jurisdiction of Bengaluru has not been taken on record

M/S BEST TRADING & AGENCIES LTD vs. THE DEPUTY COMMISSIONER OF INCOME TAX

In the result, the orders passed by the

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

2) of the Act was issued to the assessee. 5. The Assessing Officer passed an order of assessment on 30.11.2007 under Section 143(3) of the Act and disallowed the claim of interest paid to the financial institutions, which was claimed as deduction under Section 57 of the Act to the tune of Rs.12,80,461/- as capital expenditure

M/S BEST TRADING & AGENCIES LTD vs. THE DEPUTY COMMISSIONER OF INCOME TAX

In the result, the orders passed by the

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

2) of the Act was issued to the assessee. 5. The Assessing Officer passed an order of assessment on 30.11.2007 under Section 143(3) of the Act and disallowed the claim of interest paid to the financial institutions, which was claimed as deduction under Section 57 of the Act to the tune of Rs.12,80,461/- as capital expenditure

M/S. DYNASTY DEVELOPERS PVT LTD vs. THE ASST COMMISSIONER OF INCOME TAX

Appeals are allowed

Bench: B.VEERAPPA,N.KUMAR

Section 260A of the Income Tax Act, 1961, arising out of order dated 12.06.2009 passed in M.P. No.25/BNG/2009 (In I.T.A. No.1268/BNG/2007), for the Assessment Year 2004- 05, praying to : (i) formulate the substantial questions of law stated therein, (ii) Allow the appeal and set-aside the order passed by the Income Tax Appellate Tribunal, Bangalore Bench, Bangalore in M.P. No.25/BNG/2009

M/S DYNASTY DEVELOPERS PVT.LTD., vs. THE ASST. COMMISSIONER OF INCOME TAX

Appeals are allowed

Bench: B.VEERAPPA,N.KUMAR

Section 260A of the Income Tax Act, 1961, arising out of order dated 12.06.2009 passed in M.P. No.25/BNG/2009 (In I.T.A. No.1268/BNG/2007), for the Assessment Year 2004- 05, praying to : (i) formulate the substantial questions of law stated therein, (ii) Allow the appeal and set-aside the order passed by the Income Tax Appellate Tribunal, Bangalore Bench, Bangalore in M.P. No.25/BNG/2009

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

Bench: S.SUJATHA,VINEET KOTHARI

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 & Co. 39 ITR 8 (SC) 101-104 18 CIT Vs. Chamanlal Mangaldas

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

Bench: S.SUJATHA,VINEET KOTHARI

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 & Co. 39 ITR 8 (SC) 101-104 18 CIT Vs. Chamanlal Mangaldas