followed
Sir, reliance is further placed on the decision of ITAT, Banglore in the case of S.B. Patil
v/s JCIT ... followed
Sir, reliance is further placed on the decision of ITAT, Banglore in the case of S.B. Patil
v/s JCIT
assessee is fully covered by the following decisions of Banglore
ITAT/ Karnataka High Court/ Madras High court, in his favour:
DCI, Bangalorev.India Advantage Fund ... status of an
AOP.
B. The above decision of Banglore ITAT has been confirmed by
Karnataka HC in CIT V. India Advantage Fund
under:
1. Prudent Transport co. Ltd. & Anr vs. DCIT ITAT,
Chandigarh 'B ' bench-ITA No. 600 & 60/chd/2022 ... 2021 dated 12.04.2023
5. ITAT Banglore ITAT in case of Nandi Hospitality Vs. DCIT
ITAT Banglore, ITA No.294 to 296/Bang/2023 dated
decisions in the case of T.S. Chandrashekhar v. ACIT,ITAT
Banglore, 66 TTJ 360, Madhavan House Building Coop Soc. v. ACIT,ITAT
Banglore ... Rajkot) P. Ltd. V. ITO,ITAT
Bombay, 49 ITD 479) ,M. Constructions v. JCIT,ITAT Banglore, 84 ITD 429,
Happy Home Developers v. ACIT,ITAT
order of learned CIT(A), NFAC, Delhi dated 02.06.2023 before the
ITAT, Banglore Bench, who vide order dated 05.07.2023 dismissed the appeal ... fact that the assessee had filed appeal within time at ITAT
Banglore Benches and that appeal was dismissed for want of jurisdiction, the time
spent
stay on the recovery of the balance
outstanding demand by the ITAT, Banglore, vide its order dated 06.04.2018. In compliance to
the directions ... Tribunal, viz. ITAT, Banglore, the assessee had duly deposited an amount
in excess of 50% of the total outstanding demand. Although, the hearing
upheld the order of AO.
4. Assessee preferred further appeal before ITAT, Banglore and
during hearing preferred new ground of appeal for Assessment Year ... 2017
Page 2 of 3
of taxability of Capital Gains.
5. ITAT, Banglore bench vide its order ITA No. 359/Bang/2006 &
361/Bang
decision in the case of H. Lakshminarayana Vs. ITO, ITAT
Banglore Tribunal ITA Nos. 992 to 996/Ban/2014 order dated 3rd
July, 2015 wherein
bank guarantee limits". In those circumstances, the
decision of the ITAT that such interest bears the requisite
characteristic of business income and has nexus ... business Income.
This issue is covered by the order of ITAT Banglore in the case of
Karnataka Instrade Corporation Ltd Vs ACIT
merit.
Recently same view is also expressed by Hon'ble ITAT Banglore Bench in
the case of Nandini Delux vs ACIT, 54 Taxmann ... Revenue of ITAT
Apoorva Extrusion Pvt. Ltd. - ITA No. 3308/Del/2010(Delhi A-Bench)
dated 09.10.2014 (Para 8)
1. Nandini Delux (Banglore C-Bench
