Judgements by Guest

No Enhancement of income without any reference to the incriminating materials found as a result of the search in the assessments framed u/s.153A/153C of the Income Tax Act,1961

Guest 06 January 2021 at 11:07

These two appeals are filed by the assessee are directed against separate, but identical orders of learned CIT(A) -19, Chennai both dated 07.12.2017 and pertain to assessment years 2007-08and 2013-14. Since, the facts are identical and issues are com

Posted in Income Tax | 98 Views

No power to the AO to choose his own method to arrive at the value of shares whereas assessee has such choice of option

Guest 06 January 2021 at 11:07

This appeal filed by the Revenue is directed against theorder of the learned CIT(Appeals)-4, Chennai dated 28.12.2018 and pertains to assessment year 2015-16.

Posted in Income Tax | 71 Views

Allowance of exchange fluctuation loss on ECB loan availed by the assessee for the acquisition of indigenous assets by CIT(A)

Guest 06 January 2021 at 11:07

These two appeals filed by the Revenue are directed against common order of the learned CIT(Appeals)-5, Chennai dated31.10.2019 and pertain to assessment years 2012-13 and 2013-14.Since, the facts are identical and issues are common, for the sake of

Posted in Income Tax | 75 Views

Only net interest expenses to be considered for the purpose of making disallowance u/s.14A of the Income Tax Act,1961

Guest 06 January 2021 at 11:07

This appeal filed by the assessee is directed against the order of the learned CIT(Appeals)-8, Chennai dated 06.02.2019 and pertains to assessment year 2015-16.

Posted in Income Tax | 120 Views

Dismissal of appeal as withdrawn under the VSV Act 2020

Guest 06 January 2021 at 11:07

The assessee has filed this appeal challenging the order dated 26.09.2016 passed by Ld CIT(A)-7, Bengaluru and it relates to the assessment year 2011-12.

Posted in Income Tax | 110 Views

M/s Kongsberg Digital Software and Services Limited - Dismissal of Appeal on opting to settle the dispute under VSV Act 2020

Guest 05 January 2021 at 10:33

The assessee has filed this appeal challenging the assessment order dated 28.08.2017 passed by the AO for the assessment year2013-14 u/s 143(3) r.w.s 144C of the Act in pursuance of directions given by Ld Dispute Resolution Panel (DRP).

Posted in Income Tax | 120 Views

Smt. Shantha Lakshmi Jayaram - Dismissal of Appeal on opting to settle the dispute under VSV Act 2020

Guest 05 January 2021 at 10:33

The assessee has filed this appeal challenging the order dated 28.09.2017 passed by Ld CIT(A)-3, Bengaluru and it relates to the assessment year 2013-14.

Posted in Income Tax | 102 Views

M/s. Integarden (India) Private Limited - Dismissal of Appeal on opting to settle the dispute under VSV Act 2020

Guest 05 January 2021 at 10:33

The assessee has filed this appeal challenging the order dated 23.10.2017 passed by Ld CIT(A)-3, Bengaluru for the assessment year 2011-12.

Posted in Income Tax | 75 Views

Smt.Sangeetha Agarwal - Dismissal of Appeal on opting to settle the dispute under VSV Act 2020

Guest 05 January 2021 at 10:33

These appeals at the instance of the assessee are directed against orders of CIT(A), both dated 22.11.2017. The relevant assessment years are 2013-2014 and 2014-2015.

Posted in Income Tax | 64 Views

Appeal filed by M/s. Sri Aravind Chhadva is dismissed considering the option availed by it under VSV Act

Guest 05 January 2021 at 10:33

The assessee has filed this appeal challenging the order dated28.02.2018 passed by Ld CIT(A)-5, Bengaluru and it relates to theassessment year 2014-15.

Posted in Income Tax | 66 Views