Director Of Income Tax vs Mrs Jennifer Bhide, on 26 September, 2011
Bench: N.Kumar , Ravi Malimath
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Jennifer Bhide, Bangalore vs Assessee on 30 July, 2010
IN THE INCOME TAX APPELLATE TRIBUNAL
BANGALORE BENCH 'A'
BEFORE SMT. P.MADHAVI DEVI ... MEMBER
ITA No.1100(Bang)/2010
(Assessment year: 2007-08)
Mrs. Jennifer Bhide,
No.19, Miller Tank Bund Road,
Kaveriyappa Layout,
Bangalore-52. ... Appellant
Jennifer Bhide, Bangalore vs Assessee on 8 October, 2010
SP.60/Bang/2010 Page - 1
IN THE INCOME TAX APPELLATE TRIBUNAL
BANGALORE BENCH ... 1100/Bang/2010)
(Assessment Year : 2007-08)
Mrs. Jennifer Bhide,
No.19, Miller Tank Bund Road,
Kaveriyappa Layout, Bangalore 560 052 .. Applicant
v.
Deputy Commissioner
purchased by his mother. He relied upon
the cases of Mrs. Jennifer Bhide (349 ITR 80) , V. Natarajan (287 ITR 271),
Ravindra Kumar Arora ... cases relied upon by the assessee. In the
case of Jennifer Bhide (supra), assessee had sold her residential property and sale
proceeds of that property
High Court of
Karnataka in the case of DIT vs Mrs.Jennifer Bhide ITA 169/2011 (349 ITR
80), Mahadev Balai ... High
Court of Karnataka in the case of DIT vs Mrs. Jennifer Bhide ITA 169/2011
(349 ITR 80). Therefore, it should be inferred from
Karnataka High
Court in the case of DIT (Intl.) Vs. Mrs. Jennifer Bhide (2011) 15
taxmann.com 82 (Karn.) wherein it was held that there ... Karnataka High
Court in the case of Mrs. Jennifer Bhide (supra) is in favour of
ITA No.2493/Bang/2019
Page
contention relied upon the decision in the case of
Jennifer Bhide v DIT 349 ITR 80 of Hon'ble High court
of Karnataka ... High Court in the case of
Jennifer Bhide (Supra). The appellant also relied on the
case of ITO vs. Ashwathanarayana ITA No.
1152/Bang/2012
decision of
this Court in the case of DIT v. Mrs.Jennifer Bhide,
(2012) 349 ITR 80 (Kar.). We have no reason to differ
from ... case of Jennifer Bhide, supra, this
Court has held that to attract Section 54 as well as
Section 54EC what is material is, the investment
High Court in the case of DIT (International
Taxation) Vs. Mrs. Jennifer Bhide (Supra), benefit of deduction
u/s.54(2) should be allowed ... High Court in the case of DIT
(International Taxation) Vs. Mrs. Jennifer Bhide (Supra) at Para 7 of
the order observed as under
case of DIT v. Mrs. Jennifer Bhide, the
Hon'ble Karnataka High Court has observed and held as under:
"2. The assessee ... Rural Electrification Corporation Ltd., Bonds
in the names of Mrs. Jennifer Bhide and Mr. Vikram Anil Vasant Bhide
and exemption for the entire amount