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4 results for “transfer pricing”+ Section 50C(2)clear

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Key Topics

Section 2605Section 260A4Section 482Section 50C2Capital Gains2Addition to Income2

PR COMMISSIONER OF WEALTH TAX-6 vs. M R KODANDRAM

Appeals stand dismissed

WTA/11/2017HC Karnataka18 Oct 2019

Bench: RAVI MALIMATH,ASHOK S.KINAGI

Section 260Section 260A

50C. (1) Where the consideration received or accruing as a result of the transfer by an assessee of a capital asset, being land - 13 - or building or both, is less than the value adopted or assessed or assessable by any authority of a State Government (hereafter in this section referred to as the "stamp valuation authority") for the purpose

THE PR COMMISSIONER OF INCOME TAX vs. SMT SAROJINI M KUSHE

Appeal stands dismissed

ITA/475/2016HC Karnataka01 Dec 2021

Bench: S.SUJATHA,HANCHATE SANJEEVKUMAR

Section 260
Section 260A
Section 48
Section 50C
Section 50D

price received by the respondent was at the rate of Rs.136 per share the full value of the consideration must be taken at the rate of Rs.136 per share. The view that we have expressed as to the interpretation of the main part of section 12B(2) is borne out by the fact that in the first proviso to section

PR COMMISSIONER OF vs. M/S SANYO BPL P LTD

The appeal is disposed of with liberty to revive the same if the occasion so

ITA/923/2017HC Karnataka28 Jan 2021

Bench: ALOK ARADHE,R. NATARAJ

Section 260Section 50CSection 92C

Section 50C of the Act even when same is not mandatory? 2. Whether on the facts and in the circumstances of the case and in law, the Tribunal is right in directing the Transfer Pricing

M/S BHORUKA ENGINEERING INDS. LTD vs. THE DEPUTY COMMISSIONER OF INCOME TAX

Appeal is allowed

ITA/120/2011HC Karnataka09 Apr 2013

Bench: B.MANOHAR,N.KUMAR

Section 260A

2. Bhoruka Steel Limited (BSL) was incorporated in the year 1969. It had a mini steel plant for the manufacture of billets and rolled products at Bangalore. It commenced its commercial production in 1972 and set up a refractory plant at Bangalore. They also set up a stevedoring division in Chennai in the year 1988-89, mainly to handle import