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4 results for “reassessment”+ Section 255(7)clear

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Key Topics

Section 1486Section 115J6Section 1475Section 2603Addition to Income3Section 260A2Section 1322Section 143(2)2Section 10B2Deduction

THE PR COMMISSIONER OF INCOME TAX vs. M/S VSL MINING COMPANY PVT LTD

Appeal is dismissed as being

ITA/32/2020HC Karnataka20 Sept 2024

Bench: S.G.PANDIT,C.M. POONACHA

Section 10BSection 132Section 133ASection 142(1)Section 143(2)Section 260Section 260A

7 ACIT (2015) 127 DRT 327 (Kar) 8 required to be deleted. While considering the said contentions, the Tribunal has held as follows: “7.6.1 We have carefully considered the legal arguments/contentions put forth by both parties. The facts not in dispute are that the substantive and protective additions were made in the case on hand on the basis of material

2
Survey u/s 133A2

SRI C M MAHADEVA S/O SRI MANCHE GOWDA vs. THE COMMISSIONER OF INCOME TAX

The appeal stands allowed

ITA/795/2009HC Karnataka24 Aug 2015

Bench: B.MANOHAR,VINEET SARAN

Section 139Section 143(1)Section 147Section 148Section 255(6)Section 260Section 69

255(6), as the reasons recorded go to the root of jurisdiction?”. 4. We have heard Sri G.Venkatesh along with Sri K.S.Hanumantha Rao, Advocate, learned counsel for the appellant; as well as Sri E.I.Sanmathi, learned counsel for the respondent, and perused the record. 5. Questions No.1 and 2 relate to the reopening of the assessment under Section

M/S YOKOGAWA INDIA LTD vs. THE DEPUTY COMMISSIONER

In the result, the appeal is disposed of

ITA/87/2012HC Karnataka04 Jun 2020

Bench: ALOK ARADHE,HEMANT CHANDANGOUDAR

Section 115JSection 143(1)Section 143(2)Section 260Section 260A

7 Companies Act and thereafter adjustments have to be made. It was further held that assessee cannot adjust the book profit except as provided under the Companies Act and in the instant case, the assessee is trying to compute the brought forward losses under the income tax provisions and not under the companies Act, which is not permissible

M/S ING VYSYA BANK LIMITED vs. THE COMMISSIONER OF INCOME TAX

In the result appeal fails and it is hereby

WA/2458/2010HC Karnataka06 Jul 2012

Bench: ARAVIND KUMAR,AJIT J GUNJAL

Section 245CSection 245D(1)Section 4

7. As such the matter is before us for being disposed of . CONTENTIONS RAISED: 8. It is the contention of Sri.Sarangan, learned Senior Counsel appearing for the assessee that assessee is a Private Sector Bank not run, controlled or managed - 8 - by the State or Central Government and as such writ petition was not maintainable against the assessee