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1 - 10 of 11 (0.30 seconds)Section 80JJAA in The Income Tax Act, 1961 [Entire Act]
M/S Bosch Limited , Bangalore vs Assistant Commissioner Of Income Tax ... on 13 September, 2022
Rather, decision in the case of Bosch Ltd v. ACIT reported in Bosch Ltd v
ACIT, LTU, Bangalore reported in (2016)74 taxmann.com 161 may kindly
be followed as it had attained finality without any further appeal. It is
placed at P.No.1-18 of the paper book.
Section 14A in The Income Tax Act, 1961 [Entire Act]
M/S. Texas Instruments (India) Private ... vs Joint Commissioner Of Income Tax, Ltu, ... on 17 May, 2022
the Hon'ble High Court of Karnataka in the case of CIT-LTU v. Texas
Instruments India (P.) Ltd., (2021) 127 taxmann.com 59. This decision had
not laid down the correct position of law. He argued that serious mistakes
noted from the decision of Hon'ble High Court of Karnataka are as under:-
The Income Tax Act, 1961
The Commissioner Of Income Tax vs M/S.Hi Tech Arai Limited on 1 September, 2009
4.3 At the outset, the Ld.Counsel for the assessee stated that neither the
AO nor the DRP has considered this issue independently and the ld.Counsel
argued that the Hon'ble Madras High Court in the case of CIT v. Hi Tech Ara
Ltd. reported in [2010] 321 ITR 477 (Madras) [01.09.2009], has
categorically held that, once the incorrect decision of earlier years, cannot
ITA No.652/Chny/2016
:- 6 -:
Commissioner Of Income Tax Ltu vs M/S Everest Kanto Cylinder Ltd. on 28 October, 2020
2.4 We noted that this issue is covered by the decision of the Hon'ble
Bombay High Court in the case of CIT v. Everest Kanto Cylinder Ltd.
(378 ITR 57) (Bombay HC), wherein, the Libor + 200 bps point is accepted
at the bench mark and hence, respectfully following the same, we upheld
the order of the AO/TPO. This issue of the assessee is dismissed.
The Factories Act, 1948
M/S. Honeywell Automation India Ltd.,, ... vs Deputy Commissioner Of Income-Tax,, ... on 19 July, 2019
has relaxed condition in regard to number of days of employment of new
employees. Once, one has interpreted the provision and held the same as
retrospective, no contrary decision was pointed out by the Revenue before
us. Respectfully following the decision of the Hon'ble High Court of
Karnataka in the case of Texas Instruments India (P.) Ltd. (supra), we in
principle allow the claim of the assessee, but subject to verification by the
AO. The AO will carry out the verification in terms of amendment bringing
the provisions of Sec.80JJAA of the Act, and then will consider the eligibility
of claim of deduction. Accordingly, appeal is allowed, but for verification
purpose remanded back.