Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2020 (5) TMI 657

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... - Substantial question of law No.2 is answered by a Division Bench of this Court in M/S. ING VYSYA BANK LIMITED [ 2020 (1) TMI 1116 - KARNATAKA HIGH COURT] wherein held Companies Act, 1956 has excluded insurance, banking companies or the companies engaged in the generation or supply of electricity from the purview of Section 211(1) of the Companies Act, 1956 and resultantly from the purview of Se .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... is appeal is filed under Section 260A of the Income Tax Act, 1961 (hereinafter referred to as the Act ), by the Revenue, being aggrieved by the order dated 31.07.2018 passed by the Income Tax Appellate Tribunal, Bengaluru, in ITA.No.509/Bang/2014. 2. The following substantial questions of law are proposed for consideration in this appeal: 1. Whether on the facts and circumstances of the c .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... allowed which computing income under section 115JB of the Act? 3. Whether on the facts and circumstances of the case, the Tribunal s order can be said as perverse in nature in not adjudicating issue pertaining to 80IA deduction even though same is pleaded by Revenue? 3. When the matter is taken up today, learned counsel for the parties submitted that the proposed substantial question o .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates