M/s Jindal Aluminium Limited , Bangalore vs Deputy Commissioner of Income Tax (LTU) , Bangalore

Last updated: 17 December 2020
Quick Summary
This Income Tax Appellate Tribunal (ITAT) Bangalore ruling addresses appeals by M/s Jindal Aluminium Limited concerning deductions claimed under Section 80IA of the Income Tax Act for the assessment years 2010-2011 and 2011-2012. The Assessing Officer had disallowed a portion of these deductions, arguing that common administrative expenses should be apportioned between the 80IA unit and other business units based on turnover. The CIT(A) upheld this disallowance, leading to the current appeal.

Court :
ITAT Bangalore

Brief :
These appeals at the instance of the assessee are directedagainst common order of the CIT(A) dated 19.11.2018. The relevant assessment years 2010-2011 and 2011-2012.

Citation :
ITA No.30/Bang/2019

Daily Limit Reached

You have reached your daily limit of 2 Free Judgements

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Broadcasts
  • Daily E-Newsletter
  • Unlimited Judgements Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits

Already a PRO member? Login here for an ad-free experience.

 

Guest
Published in Income Tax
Views : 94
downloaded 243 times
Share Report Abuse
Comments

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Recent Judgments :

  1. No 10% pre-deposit required on any Penalty-only order from SCN issued prior to October 01, 2025
  2. Ratification is no substitute for recommendation - Notifications travelling beyond GST Council recommendations are ultra vires
  3. Disparity between seigniorage fee paid and supply value declared in GSTR-1 justifies invocation of extended period of limitation under Section 74 of the CGST Act
  4. Interest on Delayed Payment of GST Arises by Operation of Law and Cannot be Waived by Courts
  5. Supreme Court to examine whether the six-month time limit for issuance of show cause notice under Section 74(2) of the CGST Act is mandatory or directory
  6. Advocates ought to be summoned only in rare and exceptional circumstances
  7. Unsigned Assessment Order in Form GST DRC-07 is Invalid as Absence of the Assessing Officer's Signature is an Incurable Jurisdictional Defect
  8. SC to examine whether an assessee can be relegated to the appellate remedy, when the challenge is to a binding Circular
  9. Mere Expiry of E-Way Bill Without Intent to Evade Tax Cannot Justify 200% Penalty
  10. No GST Levy on Assignment of Leasehold Rights of Industrial Plots as Supreme Court Dismisses Revenue's SLPs

View More Judgments »


Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member Vijay Kumar DVijay Kumar DPro Member seshacharyseshacharyPro Member AMAR MEHARWADEAMAR MEHARWADEPro Member RAVINDRA JOSHIRAVINDRA JOSHIPro Member Krishnamohan GangarajuKrishnamohan Gangaraju
Subscribe to Pro
Join an elite circle of professionals

Browse by Category




Follow