The Prl Commissioner of Income Tax (Exemptions) vs. Institute of Development and Research in Banking Technology

Bench: ABHINAND KUMAR SHAVILI,V RAMASUBRAMANIAN

10 the AO while passing the assessment order on 16.11.2011. Therefore, the reason recorded by the AO in the assessment order under Section 147 of the Act dated 19.12.2013 on the ground that deduction was allowed inadvertently is not sustainable. 12. In substance, Shri Suryanarayana's argument is, the AO had accepted the explanation and passed the assessment order. Therefore

The Commissioner of Income Tax (Exemptions0 vs. Kalinga Cultural Trust

In the result, we do not find any

Bench: ANIS,SANJAY KUMAR

disallowed the assessee's claim for deduction under Section 10B of the Act. 5. The Assessing Officer inter alia held that assessee is entitled to deduction under Section 10B of the Act only after verification and the contention of the assessee that old machinery from FFIPL was transferred to it only in April 2007 does not deserve acceptance

Principal Commissioner of Income Tax-5 vs. M/s. VBC Industries Limited

In the result, we do not find any

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

disallowed the assessee's claim for deduction under Section 10B of the Act. 5. The Assessing Officer inter alia held that assessee is entitled to deduction under Section 10B of the Act only after verification and the contention of the assessee that old machinery from FFIPL was transferred to it only in April 2007 does not deserve acceptance

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

10,00,000 (Ten Lacs.) Equity shares of Rs. 10/-(Rupees Ten only) each. IX. True accounts shall be kept of all sums of money received and expended by the Company and the matters in respect of which such receipts and expenditure take place and of the property, credits and liabilities of the Company; and, subject to any reasonable restrictions

THE PR COMMISSIONER OF INCOME TAX (CENTRAL) vs. BHAVANASI ANJANEYULU

Appeals are allowed in part

Bench: RAMESH RANGANATHAN,KONGARA VIJAYA LAKSHMI

section 132 of the Income Tax Act, 1961 (“Act” for short), assessment order came to be passed whereby the Assessing Officer made certain additions by disallowing of speed money claimed as labour charges paid through sub- - 17 - contractors. Being aggrieved, the assessee preferred appeals before the CIT (A). The said authority partly allowed the appeals vide order dated 10.07.2015, against

Commissioner of Income Tax, vs. M/s Y.Ramakrishna and Others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

10, 12, 13, 14, 15, 22, 36, 57, 58, 61, 64, 76, 77, 81, 82, 83, 87, 88, 106, 108,

Commissioner of Income Tax vs. Ms. B.krishna Murthy AND Others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

10, 12, 13, 14, 15, 22, 36, 57, 58, 61, 64, 76, 77, 81, 82, 83, 87, 88, 106, 108,

The Commissioner of Income Tax vs. M/s.G.V.Krishna Reddy AND Others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

10, 12, 13, 14, 15, 22, 36, 57, 58, 61, 64, 76, 77, 81, 82, 83, 87, 88, 106, 108,

Commissioner of Income Tax, Rajahmundry. vs. m/s Ganesh Arrack Contractors,

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

10, 12, 13, 14, 15, 22, 36, 57, 58, 61, 64, 76, 77, 81, 82, 83, 87, 88, 106, 108,

The Commissioner of Income tax vs. M/s.V.Satyanrayana AND Others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

10, 12, 13, 14, 15, 22, 36, 57, 58, 61, 64, 76, 77, 81, 82, 83, 87, 88, 106, 108,

COMMR.OF I.T. RKAJAHMUNDRY vs. T.RAMI REDDY AND ORS

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

10, 12, 13, 14, 15, 22, 36, 57, 58, 61, 64, 76, 77, 81, 82, 83, 87, 88, 106, 108,

COMMISSIONER OF INCOME TAX, vs. M/S G.R.K.PRASAD AND OTHERS

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

10, 12, 13, 14, 15, 22, 36, 57, 58, 61, 64, 76, 77, 81, 82, 83, 87, 88, 106, 108,

COMMISSIONER OFINCOEMETAX vs. M/S. V.SATYANARAYANA AND OTHERS

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

10, 12, 13, 14, 15, 22, 36, 57, 58, 61, 64, 76, 77, 81, 82, 83, 87, 88, 106, 108,

The Commissioner of Income Tax-II vs. m/S.M.Ventakteswara Rao AND Others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

10, 12, 13, 14, 15, 22, 36, 57, 58, 61, 64, 76, 77, 81, 82, 83, 87, 88, 106, 108,

The Commissioner of income tax, vs. M/s.Y.Ramulu and Others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

10, 12, 13, 14, 15, 22, 36, 57, 58, 61, 64, 76, 77, 81, 82, 83, 87, 88, 106, 108,

The Commissioner of Income Tax vs. M/s GRK Prasad AND others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

10, 12, 13, 14, 15, 22, 36, 57, 58, 61, 64, 76, 77, 81, 82, 83, 87, 88, 106, 108,

COMMISSISONER OF I.T. RAJAHMUNDRY vs. M/S.Y RAMAKRISHNA AND OTHERS

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

10, 12, 13, 14, 15, 22, 36, 57, 58, 61, 64, 76, 77, 81, 82, 83, 87, 88, 106, 108,

The Commissioner of Income Tax vs. M/s.B.Satyanarayana AND Others

In the result, for the above reasons, we set aside the orders

Bench: V.V.S.RAO,RAMESH RANGANATHAN

10, 12, 13, 14, 15, 22, 36, 57, 58, 61, 64, 76, 77, 81, 82, 83, 87, 88, 106, 108,