PR. COMMISSIONER OF INCOME TAX vs. SHRI. GALI JANARDHANA REDDY

Bench: K.SOMASHEKAR,UMESH M ADIGA

reassessment under Section 147 read with Section 144 by bringing to tax all the income which formed part of 5 total income under the original assessment order passed. However, it was noticed that though the assessment proceedings was initiated by issue of notice under Section 143(2), The Tribunal vide said order also knocked down the assessment proceedings completed under

XIAOMI TECHNOLOGY INDIA PRIVATE LIMITED vs. DEPUTY COMMISSIONER OF INCOME TAX

In the result, I pass the following:

Bench: The Hon'Ble Mr.Justice S.R.Krishna Kumar

reassessment, it is necessary to attach provisionally any property belonging to the dealer. However, such satisfaction must be on some tangible material on objective facts with the Commissioner. In a given case, on the basis of the past conduct of the dealer and on the basis of some reliable information that the dealer is likely to defeat the claim

THE COMMISSIONER OF INCOME-TAX vs. M/S. IBC KNOWLEDGE PARK PVT. LTD.,

In the result, the appeals filed by the Revenue

Bench: B.V.NAGARATHNA,JAYANT PATEL

73 - section 158BC of the Act; or (c) immediately after the assessment proceedings are completed under section 158BC of the Act of the searched person.” 2. Several High Courts have held that the provisions of section 153C of the Act are substantially similar/pari-materia to the provisions of section 158BD of the Act and therefore, the above guidelines

THE COMMISSIONER OF INCOME-TAX vs. M/S. IBC KNOWLEDGE PARK PVT. LTD.,

In the result, the appeals filed by the Revenue

Bench: B.V.NAGARATHNA,JAYANT PATEL

73 - section 158BC of the Act; or (c) immediately after the assessment proceedings are completed under section 158BC of the Act of the searched person.” 2. Several High Courts have held that the provisions of section 153C of the Act are substantially similar/pari-materia to the provisions of section 158BD of the Act and therefore, the above guidelines

THE COMMISIONER OF INCOME-TAX vs. M/S IBC KNOWLEDGE PARK PVT LTD

In the result, the appeals filed by the Revenue

Bench: B.V.NAGARATHNA,JAYANT PATEL

73 - section 158BC of the Act; or (c) immediately after the assessment proceedings are completed under section 158BC of the Act of the searched person.” 2. Several High Courts have held that the provisions of section 153C of the Act are substantially similar/pari-materia to the provisions of section 158BD of the Act and therefore, the above guidelines

THE COMMISSIONER OF INCOME TAX vs. M/S VESESH INFOTECHNICS LIMITEDD

Bench: B.MANOHAR,K.SREEDHAR RAO

reassessment, deduction under Section 80-IA was disallowed. 4. For the assessment year 2000-2001, the assessee filed the Income Tax returns on 30-11-2000 declaring the total income of Rs.1,11,76,800/- and claiming deduction of Rs.1,50,56,903/- under Section 80-IB and Rs.19,00,000/- towards the litigation expenditures. In the Profit and Loss

THE COMMISSIONER OF INCOME TAX GULBARGA vs. M/S MANJUNATHA COTTON AND GINNING FACTORY

The appeals are dismissed

Bench: ARAVIND KUMAR,N.KUMAR

73 Act and, therefore, it was held that furnishing of an assessment of the value of the property may not by itself be furnishing inaccurate particulars. It was further held that the Assessing Officer must be found to have failed to prove that his explanation is not only not bona fide but all the facts relating to the same

THE COMMISSIONER OF INCOME TAX vs. SMT. SUNITA TONY

In the result, all the appeals which are filed by

Bench: B.MANOHAR,VINEET SARAN

SECTION 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED:3.9.2013 PASSED IN MVC NO.3836/2011 ON THE FILE OF THE II ADDITIONAL SMALL CAUSES JUDGE AND XXVIII ACMM, MACT, BANGALORE AWARDING COMPENSATION OF RS.11,11,000/- WITH INTEREST AT 6% P.A. FROM THE DATE OF PETITION TILL THE DATE OF DEPOSIT. THESE APPEALS COMING ON FOR ORDERS THIS

M/S MYSORE POLYMERS & RUBBER PRODUCTS LTD vs. THE COMMISSIONER OF COMMERCIAL TAXES

In the result, writ appeal No

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

reassessment orders dated 29.7.2004 and particularly the assessment order dated 5.8.2004 in respect of years 2002-03 and 2003-04 respectively are not sustainable and liable to be quashed as the petitioner was not liable to pay initial tax under Section 6-B of the Act and allowed the writ petition. It is against this order of the learned Single

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

The appeal stands allowed

Bench: B.MANOHAR,VINEET SARAN

reassessment (or recomputation) the income (or loss or depreciation allowance) originally assessed/determined. Rs. 73,604/- 6. Whether the case falls under cl. (a) or (b) of s. 147 147(a) 7. Brief reasons for starting proceedings Under s. 147 (indicate the items which Kindly see overleaf are believed to have escaped assessment Sd/- S. P. Chaliha. I.T.O

ULTRATECH CEMENT LIMITED vs. STATE OF KARNATAKA AND ORS

Bench: The Hon'Ble Mr. Justice M.G.S. Kamal

SECTION 173(1) OF MOTOR VEHICLES ACT, PRAYING TO ENHANCE THE COMPENSATION AMOUNT PAYABLE TO THE APPELLANT BY SUITABLY MODIFYING THE JUDGMENT AND AWARD DATED 11.03.2020 PASSED BY THE COURT OF II ADDITIONAL DISTRICT AND SESSIONS JUDGE AND MOTOR ACCIDENT CLAIMS TRIBUNAL AT RAICHUR IN MVC NO.400/2018. THIS APPEAL, COMING ON FOR ADMISSTION, THIS DAY, THE COURT DELIVERED THE FOLLOWING

COMMISSIONER OF INCOME TAX (CENTRAL) vs. M/S. BAGMANE DEVELOPERS PVT LTD

Appeal is dismissed

Bench: S.N.SATYANARAYANA,JAYANT PATEL

section 153A of the I.T.Act, any fresh claims tht an assessee would wish to make could only be limited to matters arising out of the undisclosed income and not on such issues which have become final in regular assessments? (E) Whether under the facts and circumstances of the case, the tribunal was right in law in allowing assessee’s claim

S N SIMHA vs. THE STATE OF KARNATAKA

In the result there is no merit in this writ petition and the

Bench: The Hon’Ble Mr. Justice Anand Byrareddy Writ Petition No. 24840 Of 2012 (La-Kiadb) Between: 1. S.N.Simha, Aged About 73 Years, Son Of Late G.R.Swamy, 2. S.N.Yamuna Devi, Wife Of Sri. S.N.Simha, Aged About 66 Years, Both Are Proprietors M/S. Viswabandhu Press & Sree Bharathi Cottage Industries Company, No.16, 1St Cross, Cottonpet, Bangalore – 560 053. …Petitioners (By Shri. S.P.Shankar, Senior Advocate For Shri. K.L.Sreenivas, Advocate For M/S. K.N.L. Associates) And: 1. The State Of Karnataka, Represented By Its Secretary, Commerce & Industries

73 years, Son of Late G.R.Swamy, 2. S.N.Yamuna Devi, Wife of Sri. S.N.Simha, Aged about 66 years, Both are proprietors M/s. Viswabandhu press And Sree Bharathi Cottage Industries Company, No.16, 1st Cross, Cottonpet, Bangalore – 560 053. …PETITIONERS (By Shri. S.P.Shankar, Senior Advocate for Shri. K.L.Sreenivas, Advocate for M/s. K.N.L. Associates) AND: 1. The State of Karnataka, Represented by its Secretary

THE PR. COMMISSIONER OF INCOME TAX CIT (A) vs. M/S. NAVODAYA GRAMA VIKAS CHARITABLE TRUST

Appeal is dismissed; and

Bench: P.S.DINESH KUMAR,RAMACHANDRA D. HUDDAR

reassessment proceedings as 1 Income Tax Appellate Tribunal - 3 - ITA No. 146 of 2021 assessee had failed to disclose material facts and during the course of assessment proceedings in case of Sri. Pushparaj Jain for A.Y. 2012-13, it was noticed there is diversion of funds through intermediary to the trustee? 2. Whether on the facts and in the circumstances