THE COMMR OF INCOME TAX V. M/S WIPRO LTD

ITA/3198/2005

AI Insights

The document appears to be a legal judgment or order from the High Court of Karnataka, dated February 28, 2012, involving the Commissioner of Income-tax Central Circle and the Deputy Commissioner of Income-Tax as appellants. However, the text is largely corrupted or improperly formatted, making it impossible to extract a coherent summary of the case, the parties involved, the legal issues at stake, or the arguments presented by either side. The document lacks clear information on the facts, evidence, and any relevant legal principles or precedents that would typically be discussed in a legal judgment.

• Counselvise Citation: [2012] 140 COUNSELVISE.COM (IT) 730180 (HC-KARNATAKA)
• Appeal Type: Others
• Pronouncement Date: 28-02-2012
• Assessment Year: misc
• Laws Referred To: Income-tax Act
• Result in Favour of: Others
• Court: HIGH COURT
• Assessee Lawyers: INDRAKUMAR; E SANMATI INDIRA KUMAR
• Keywords: Assessment; Contingent Liability; Exemption; Income Tax; Rectification
• Section: 154; 143(1)(a)

Judgement Text

"—1— IN THE HIGH COURT OF KARNATAKA AT BANGALORE DATED THIS THE 28 DAY OF FEBRUARY 2012 PRESENT THE HON’BLE MR. JUSTICE N.KUMAR AND THE HON’BLE MR.JUSTICE RAVI MAUMATH ITA.NO.3198 OF 2005 BETWEEN: 1. The Commissioner of Income-tax Central Circle, C. R. Building, Queens Road, Bangalore. 2. The Deputy Commissioner Of Income-Tax, Central Circle-IV C. R. Building, Queens Road, Bangalore. ...APPELLANTS (By Sri Indra Kumar along with Sri E.Sanmati Indira Kumar, Advocates) AND . 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The remaining four substantial questions of law are as under: “8) Whether the Tribunal committed an error in proceeding to observe that it is necessary to deal with the facts as found from the assessment records, appeal proceedings and during the course of hearing when this issue was not a controversy either before the Appellate Commissioner or the Assessing Officer? 9) Whether the Tribunal committed an error and has extracted from assessment order, appellate order and information furnished by the assessee has come to the condusion that certain newly establish undertakings which have been daimed as separate by the assessee and accepted by the Assessing Officer after verification of the details has allowed the claim Of the assessee when this was not the controversy before the Assessing Officer or the Appellate Commissioner and would have only relevance to reopened assessments which was not the subject matter in this appeal? — 18 — 0• 10). Whether the Tribunal committed an error in noticing that on verification of details of expansion where substantial expansion has resulted in a new undertaking the same has been shown separately by the assessee and accepted by the Assessing Officer when this was not the controversy before the Assessing Officer or the Appellate Commissioner and would have only relevance to reopened assessments which was not the subject matter in this appeal? 11). Whether the Tribunal was correct in observing that there have been many instances where the existing undertakings have undertaken organic expansion by adding certain equipments, man power which have been shown as par of pre-existing unit and these have been treated as part of the existing unit by the Assessing Officer when this was not the controversy before the Assessing Officer or the Appellate Commissioner and would have only relevance to reopened assessments which was not the subject matter in this appeal?” • 4) 01 in_S ! 34) Ca) > >. 4)4)01 aIEI o t.c C .C -‘ C a t ci (C C a Z 8 C in .C ‘- a) 0 4’ in (0 4) C 0 — D C (C 4) 0 > ° in in . in (C U in 4) 4) WOW j (COO at t in C • C 4’ E c 4-’ ‘ a 01 • 3 (C 4 c L. > 4) C C) • a a O j, a ‘ a C •C (C C -• a “-‘ 0 in in — (C 4) 3 t C (C ¶! 0 I- •C •C 1. 0 C • C c 8 Z 0 — .c o o C 01 4’ — C) (C c i 0 •i-’ 4’ 4’ 4’ (C t a c C i C SaC L. 0 — 0 (C 4? •C ‘I C (C .(C S 04’ W C 3 01 Din a) >2p 4) O 0 in 0 •o 0 in a 4’ 0 C 4) in 0 t- o O c a çq u — (C 4, •o•O(Cfl 4-’ in E C in at • win a) C 01 S n o a) (C (C V O C ‘ 0 U 0 C 01 t — o o o V C ‘4- 01 4-’ 0 (C • 0 C 2 in 0 a) C t 0 w a — (C 4’ > ) 01 4) ) 01 4’ U V 4) c • 1- a U, (C E 16 4-’ in 4? 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