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8 results for “disallowance”+ Section 690clear

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Key Topics

Section 26019Section 10B7Section 143(3)6Section 260A5Disallowance4Addition to Income4Section 403Section 14A2Section 92A2Deduction

THE PRINCIPAL COMMISSIONER vs. M/S OBULAPURAM MINING

ITA/100012/2017HC Karnataka17 Mar 2023

Bench: K.SOMASHEKAR,UMESH M ADIGA

Section 143(3)Section 144CSection 144C(13)Section 260ASection 37(1)Section 92ASection 92C

690/-. The case was selected for scrutiny and the assessment was completed under Section 143(3) read 3 with Section 144C(13) of the Income Tax Act on 31.12.2013, determining total income at Rs.10,86,34,35,052/- by making various additions, which reads as under: Additional / Issues Rs. Transfer pricing adjustments 112,20,92,081/- Claim of bogus transportation

SHRI. SHANKARLAL GILADA vs. THE INCOME TAX OFFICER,

2
ITA/200002/2018HC Karnataka22 Jan 2020

Bench: G.NARENDAR,M.NAGAPRASANNA

Section 143(3)Section 14ASection 260A

disallowance under Section 14A of the Act read with Rule 8D of Income Tax Rules, 1962, (hereinafter referred to as ‘the Rules’ for short) which resulted in assessing the income of the appellant at Rs.11,41,690

M/S SUTURES INDIA (P) LTD vs. THE DEPUTY COMMISSIONER OF INCOME TAX

In the result, the common order passed by the

ITA/564/2017HC Karnataka13 Jul 2021

Bench: ALOK ARADHE,HEMANT CHANDANGOUDAR

Section 10BSection 143(3)Section 234Section 260Section 260A

690/- after claiming deduction under Section 10B of the Act to the extent of Rs.9,48,24,379/-. The assessee for the Assessment Year 2010-11 declared total income of Rs.13,55,94,570/- after claiming deduction under Section 10B of the Act to the tune of Rs.8,79,18,006/-. The return was selected for scrutiny. The Assessing Officer

THE COMMISSIONER OF INCOME TAX vs. M/S. MANMANDIR ENTERPRISES

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

ITA/405/2012HC Karnataka29 Jun 2020

Bench: The Due Date For

Section 143(1)Section 143(3)Section 154Section 260Section 260ASection 40

Section 154 of the Act and made an addition of Rs.6,46,690/- by an order dated 14.09.2007, on account of disallowance

M/S GRANITE MART LIMITED vs. THE INCOME-TAX OFFICER

In the result the order passed by the

ITA/28/2011HC Karnataka19 Mar 2020

Bench: ALOK ARADHE,M.NAGAPRASANNA

Section 260Section 260A

disallowed the claim for deduction under Section 10B of the Act in respect of the sales made through third parties i.e., export houses and inter unit transfers. The Assessing Officer determined the income of the appellant as Rs.1,09,72,680/- as against the income declared by the appellant of Rs.1,88,920/- and passed an order under Section

M/S TRISTAR MOTORS vs. THE ASSISTANT COMMISSIONER OF INCOME TAX

The appeal is disposed of

ITA/69/2011HC Karnataka12 Mar 2020

Bench: ALOK ARADHE,M.NAGAPRASANNA

Section 143(3)Section 260

690/-. The case of the appellant was selected for scrutiny and the Assessing Officer also issued statutory notice to the appellant and called for the details. The Assessing Officer after verifying the books of accounts, arbitrarily disallowed certain expenditure incurred by the appellant on ad-hoc basis and passed an order of assessment under Section

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

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