COOPER CORPORATION PVT. LTD.,,SATARA vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, appeal of assessee is partly allowed for statistical purposes

depreciation allowance on the same u/s 32(1) of the Income Tax Act at the applicable rates.” 3. All the other grounds are dismissed as argumentative in nature. 4. Briefly stated, relevant facts includes that the assessee is engaged in the business of the Manufacturing Industry Automobile and Auto Ancillary and filed return of income declaring loss of Rs.8

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1, AURANGABAD, AURANGABAD vs. ENDURANCE TECHNOLOGIES LIMITED, AURANGABAD

In the result, all the appeals filed by the Revenue are dismissed

Bench: Shri R. K. Panda & Ms. Astha Chandrasr No 1

depreciation in the fight of provisions of section 43(1) [explanation 10]. In appeal, the Ld. CIT(A) / NFAC deleted the addition and the Revenue is not in appeal before the Tribunal. Therefore, we are not concerned with the same. 45. Further, on perusal of return of income the Assessing Officer noted that the assessee had claimed deduction u/s.35

COPPER CORPORATION PVT. LTD.,,SATARA vs. JOINT COMMISSIONER OF INCOME-TAX,, SATARA

In the result, both the appeals of assessee and Revenue are partly allowed

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita No.621/Pun/2015 यििाारण वषा / Assessment Year : 2010-11

depreciation on assets, the assessee could not claim scientific research expenditure under section 35(1)(iv) of the Act on the said expenditure of ₹ 2.01 crores. However, expenses incurred on purchase of fans and motor vehicles totaling ₹ 8,09,016/- were held to be allowed under section 35(1)(iv) of the Act. The CIT(A) further directed the revenue

ASSISTANT COMMISSIONER OF INCOME-TAX vs. COOPER CORPORATION PVT. LTD.,, SATARA

In the result, both the appeals of assessee and Revenue are partly allowed

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita No.621/Pun/2015 यििाारण वषा / Assessment Year : 2010-11

depreciation on assets, the assessee could not claim scientific research expenditure under section 35(1)(iv) of the Act on the said expenditure of ₹ 2.01 crores. However, expenses incurred on purchase of fans and motor vehicles totaling ₹ 8,09,016/- were held to be allowed under section 35(1)(iv) of the Act. The CIT(A) further directed the revenue

SHRI BHOGAWATI SAHAKARI SAKHAR KARKHANA LTD,KOLHAPUR vs. ASST COMMISSIONER OF INCOME TAX , CIRCLE -1, TARABAI PARK

Appeal is allowed for statistical purposes in above terms

Bench: Shri S.S.Godara, Jm & Shri Dr. Dipak P. Ripote, Am आयकर अपीऱ सं. / Ita No.371/Pun/2020 ननधधारण वषा / Assessment Year : 2015-16 Shri Bhogwati Sahakari Sakhar Kharkhana Ltd., Shahunagar(Parite) , Tal. Karveer Dist Kolhapur – 416 211 .......अपऩलधथी / Appellant Pan : Aaaas3731R

5A, the margin for risk and profits were embedded in the FRP. This would be a strong indicator that the FRP should be considered as the uncontrolled market price. All the elements of „uncontrolled market price‟ are present in the computation 3 A.Y. : 2015-16 Shri Bhogwati Sahakari Sakhar Kharkhana Ltd., of FRP. This discussion is necessary in the light

VIGHNAHAR SAHAKARI SAKHAR KARKHANA LTD,,PUNE vs. INCOME-TAX OFFICER, (JUDICIAL (HQ),, PUNE

In the result, both the appeals of the assessee is partly allowed

Bench: Shri Inturi Rama Rao & Shri S.S. Viswanethra Ravi

5A, by considering the statement of accounts, balance sheet and other relevant material supplied to the State Government for the purpose of deciding/fixing the final price/additional purchase price/SAP under this clause. The amount relatable to the profit component or sharing of profit/distribution of profit paid by the assessee, which would be appropriation of income, will not be allowed as deduction

VIGHNAHAR SAHAKARI SAKHAR KARKHANA LTD,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE - 10,, PUNE

In the result, both the appeals of the assessee is partly allowed

Bench: Shri Inturi Rama Rao & Shri S.S. Viswanethra Ravi

5A, by considering the statement of accounts, balance sheet and other relevant material supplied to the State Government for the purpose of deciding/fixing the final price/additional purchase price/SAP under this clause. The amount relatable to the profit component or sharing of profit/distribution of profit paid by the assessee, which would be appropriation of income, will not be allowed as deduction

INCOME-TAX, OFFICER vs. M/S. NEERA BHIMA SAHAKARI SAKHAR KARKHANA LTD.,, PUNE

In the result, the appeals of assessees and the Department are partly allowed for statistical purpose in the terms aforesaid

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm Sl.

5A, by considering the statement of accounts, balance sheet and other relevant material supplied to the State Government for the purpose of deciding/fixing the final price/additional purchase price/SAP under this clause. The amount relatable to the profit component or sharing of profit/distribution of profit paid by the assessee, which would be appropriation of income, will not be allowed as deduction

ASSISTANT COMMISSIONER OF INCOME-TAX vs. SHRI GANESH SAHAKARI SAKHAR KARKHANA LTD.,K. LTD.,, AHMEDNAGAR

In the result, the appeals of assessees and the Department are partly allowed for statistical purpose in the terms aforesaid

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm Sl.

5A, by considering the statement of accounts, balance sheet and other relevant material supplied to the State Government for the purpose of deciding/fixing the final price/additional purchase price/SAP under this clause. The amount relatable to the profit component or sharing of profit/distribution of profit paid by the assessee, which would be appropriation of income, will not be allowed as deduction

BHIMA S.S.K. LTD.,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, the appeals of assessees and the Department are partly allowed for statistical purpose in the terms aforesaid

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm Sl.

5A, by considering the statement of accounts, balance sheet and other relevant material supplied to the State Government for the purpose of deciding/fixing the final price/additional purchase price/SAP under this clause. The amount relatable to the profit component or sharing of profit/distribution of profit paid by the assessee, which would be appropriation of income, will not be allowed as deduction

KISANVEER SATARA SAHAKARI SAKHAR KARKHANA LTD.,,SATARA vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, the appeals of assessees and the Department are partly allowed for statistical purpose in the terms aforesaid

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm Sl.

5A, by considering the statement of accounts, balance sheet and other relevant material supplied to the State Government for the purpose of deciding/fixing the final price/additional purchase price/SAP under this clause. The amount relatable to the profit component or sharing of profit/distribution of profit paid by the assessee, which would be appropriation of income, will not be allowed as deduction

YASHWANTRAO MOHITE KRISHNA SAHAKARI SAKHAR KARKHANA LTD.,,SATARA vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, the appeals of assessees and the Department are partly allowed for statistical purpose in the terms aforesaid

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm Sl.

5A, by considering the statement of accounts, balance sheet and other relevant material supplied to the State Government for the purpose of deciding/fixing the final price/additional purchase price/SAP under this clause. The amount relatable to the profit component or sharing of profit/distribution of profit paid by the assessee, which would be appropriation of income, will not be allowed as deduction

ASSISTANT COMMISSIONER OF INCOME-TAX vs. LOKNETE BALASAHEB DESAI SAHAKARI, SATARA

In the result, the appeals of assessees and the Department are partly allowed for statistical purpose in the terms aforesaid

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm Sl.

5A, by considering the statement of accounts, balance sheet and other relevant material supplied to the State Government for the purpose of deciding/fixing the final price/additional purchase price/SAP under this clause. The amount relatable to the profit component or sharing of profit/distribution of profit paid by the assessee, which would be appropriation of income, will not be allowed as deduction

SAHAKAR MAHARSHI SHANKARRAO MOHITE PATIL SSK LTD.,,SOLAPUR vs. ASSISTANT COMMISSIONER OF INCOME-TAX,,

In the result, the appeals of assessees and the Department are partly allowed for statistical purpose in the terms aforesaid

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm Sl.

5A, by considering the statement of accounts, balance sheet and other relevant material supplied to the State Government for the purpose of deciding/fixing the final price/additional purchase price/SAP under this clause. The amount relatable to the profit component or sharing of profit/distribution of profit paid by the assessee, which would be appropriation of income, will not be allowed as deduction

SHREE ADINATH SSK LTD.,,SOLAPUR vs. ASSISTANT COMMISSIONER OF INCOME-TAX,,

In the result, the appeals of assessees and the Department are partly allowed for statistical purpose in the terms aforesaid

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm Sl.

5A, by considering the statement of accounts, balance sheet and other relevant material supplied to the State Government for the purpose of deciding/fixing the final price/additional purchase price/SAP under this clause. The amount relatable to the profit component or sharing of profit/distribution of profit paid by the assessee, which would be appropriation of income, will not be allowed as deduction

ASSISTANT COMMISSIONER OF INCOME-TAX vs. SHRI VITTHAL S.S.K. LTD.,, SOLAPUR

In the result, the appeals of assessees and the Department are partly allowed for statistical purpose in the terms aforesaid

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm Sl.

5A, by considering the statement of accounts, balance sheet and other relevant material supplied to the State Government for the purpose of deciding/fixing the final price/additional purchase price/SAP under this clause. The amount relatable to the profit component or sharing of profit/distribution of profit paid by the assessee, which would be appropriation of income, will not be allowed as deduction

MAJALGAON S.S.K. LTD.,,BEED vs. ASSISTANT COMMISSIONER OF INCOME-TAX,,

In the result, the appeals of assessees and the Department are partly allowed for statistical purpose in the terms aforesaid

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm Sl.

5A, by considering the statement of accounts, balance sheet and other relevant material supplied to the State Government for the purpose of deciding/fixing the final price/additional purchase price/SAP under this clause. The amount relatable to the profit component or sharing of profit/distribution of profit paid by the assessee, which would be appropriation of income, will not be allowed as deduction

M/S. NIRA BHIMA SAHAKARI SAKHAR KARKHANA LTD.,,PUNE vs. INCOME-TAX OFFICER,,

In the result, the appeals of assessees and the Department are partly allowed for statistical purpose in the terms aforesaid

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm Sl.

5A, by considering the statement of accounts, balance sheet and other relevant material supplied to the State Government for the purpose of deciding/fixing the final price/additional purchase price/SAP under this clause. The amount relatable to the profit component or sharing of profit/distribution of profit paid by the assessee, which would be appropriation of income, will not be allowed as deduction

ASSISTANT COMMISSIONER OF INCOME-TAX vs. SHRI GANESH SAHAKARI SAKHAR KARKHANA LTD.,K. LTD.,, AHMEDNAGAR

In the result, the appeals of assessees and the Department are partly allowed for statistical purpose in the terms aforesaid

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm Sl.

5A, by considering the statement of accounts, balance sheet and other relevant material supplied to the State Government for the purpose of deciding/fixing the final price/additional purchase price/SAP under this clause. The amount relatable to the profit component or sharing of profit/distribution of profit paid by the assessee, which would be appropriation of income, will not be allowed as deduction