The Commissioner of Income tax III, vs. Biraj Kavar Galada

The appeals are disposed of

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

depreciation on securities (iv) floating rate notes of London branch (v) DICGC loans (vi) suits filed accounts (vii) miscellaneous provision cannot be added back in accordance with Explanation to Section 115JA of the Act in the light of the judgment of the Apex Court in H.C.L. Comnet where is diminution in the value of assets as contended by the assessee

Principal Commissioner of Income Tax-2 vs. M/s Indur Green Power Private Limited

In the result, all the appeals fail and are hereby

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

97,86,327 2,92,31,480 3,10,33,514 1,62,44,044 Administrative & General Expenses 75,90,435 72,16,710 59,16,501 75,94,422 Interest & Financial Charges 1,80,438 7198 5,95,460 10,16,946 Depreciation

The Commissioner of income Tax-II vs. M/s.Ideal Industrial Explosives Ltd

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

97, 100 and 104 of 2010 J U D G M E N T K.Vinod Chandran, J. The above appeals are all by the Department challenging various orders of the Income Tax Appellate Tribunal. For the assessment year 1999- 2000, there are two appeals filed - ITA Nos.3/2010 and 23/2010 - arising from orders under Sections

Commissioner of Income-Tax, vs. Rangaraya Medical College Old Students Association

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

97 0F 200s Writ Appeal under clause 15 of the Letters Patent against the order dl.6-12-n}4 in WP.No.1 1745 of 20O4 on the file of the High Court' Between: '1. Transmission Corporation of A-P. Ltd, Vidyut Soudha, Hyderabad' ...APPELLANT/RESPONDENT 2. Central Power Distribution Company of A.P. Ltd., Singareni Bhavan, Red Hills' Hvderabad' ...A',ELLANT/RES'.NDENT 3. Southem