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6 results for “transfer pricing”+ Section 53Aclear

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Key Topics

Section 26019Section 260A3Section 482Capital Gains2

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

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 - 16 - expressed as to the interpretation of the main part of section 12B(2) is borne out by the fact that in the first proviso

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

MRS ANITA GOVERDHAN LOEBBERT vs. THE INCOME TAX OFFICER

Appeals are allowed;

ITA/334/2018HC Karnataka10 Jan 2023

Bench: P.S.DINESH KUMAR,G BASAVARAJA

Section 260

53A of the T.P. Act and the developer would get the power to alienate only after completion of the building in all respects. Hence, there was no transfer of interest in the A.Y.2009-10. 12. According to the Revenue, the liability to pay capital gains tax stems out of the JDA. We have carefully perused the JDA. The relevant Clauses read

MRS MONIKA GOVERDHAN vs. THE INCOME TAX OFFICER

Appeals are allowed;

ITA/332/2018HC Karnataka10 Jan 2023

Bench: P.S.DINESH KUMAR,G BASAVARAJA

Section 260

53A of the T.P. Act and the developer would get the power to alienate only after completion of the building in all respects. Hence, there was no transfer of interest in the A.Y.2009-10. 12. According to the Revenue, the liability to pay capital gains tax stems out of the JDA. We have carefully perused the JDA. The relevant Clauses read

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