Amco Power Systems Pvt. Ltd., Bangalore vs Department Of Income Tax on 6 January, 2009
IN THE INCOME TAX APPELLATE TRIBUNAL
BANGALORE BENCH ... Income-tax Officer,
Ward 11(1), Bangalore. .... Appellant
Vs.
M/s. Amco Power Systems Ltd.,
(Now M/s. Amco Saft India Ltd.)
Hebbal Bellary Jakkur
INSTA POWER and not the word INSTA POWER per se. The trade mark INSTA POWER is a descriptive word having the meaning-instant power ... anything to its registered trade mark AMCO. The trade mark AMCO is a registered trade mark of Amco Batteries Limited. As per the averments
DCIT (2018) 93 taxmann.com 326 (Ahd-
Trib.) and CIT v. AMCO Power Systems Limited (2015) 62 taxmann.com 350
(Karn.).
Relying on the above ... decision of the Hon'ble Karnataka High Court in AMCO Power System
Limited (supra), the Tribunal held that the prohibition of carrying forward
losses
Karnataka High Court in case
of AMCO Power Systems Ltd. [2015] 379 ITR 375 wherein the similar issue
has been decided ... Karnataka High Court in case of Commissioner of Income Tax Vs. Amco
Power Systems Ltd. 379 ITR 375 wherein it is held that Section
High Court of Karnataka in the case of CIT Vs. Amco
Power Systems Ltd. (2015) 62 Taxmann.com 350 (Kar).
5. Per contra ... High Court of
Karnataka in the case of CIT, Bangalore Vs. Amco Power Systems Ltd. (2015)
379 ITR 375 (Kar). In the said case
group. Reliance on Bangalore Tribunal Ruling in the case of Amco Power
Systems Limited and Delhi Tribunal Ruling in the case of Select Holiday Resorts
owner of the shares carrying not less than 20% of
the voting power. In the facts of the present case, Mr Chhotaray
submitted that HDFC ... 2018 22:06:17 :::
WP462OF2017.doc
Vs. Amco Power Ltd. [(379 ITR 375) (KARN)]. He submitted
that this decision clearly holds that
Tafe (USA) Inc., d. Memphis
Tennessee 38117
U.S.A.
17. Amco Power Systems Limited
Hebbal Bellary
Jabalpur Road
Byadrayampura
Bangalore 560 091
18. Madras ... Tafe (USA) Inc., d. Memphis
Tennessee 38117
U.S.A.
15. Amco Power Systems Limited
Hebbal Bellary
Jabalpur Road
Byadrayampura
Bangalore 560 091 .. Appellants
Versus
Traction M/s. ABB Limited, Vadodara
Transformer
2. 15 MVA Power M/s. Crompton Greaves Ltd.,
Transformer Bhopal
3 66 KV/25 KV Circuit ... Switchgear M/s. ABB Limited, Nashik
11 Battery Bank M/s. AMCO Power Systems,
Bangalore
12 LT Switchgear / M/s. HEI Engineering (P)
ACDB/DCDB
shares of
the assessee company. He referred to the cases of Amco Power System Ltd. (123 TTJ 238)
and Swadeshi Match Company
