Oil and Natural Gas Commission v. ACIT

69 ITD 69Income Tax Appellate Tribunal1999#14350 most cited
7

judgments rely on this decision, according to BharatTax’s citation analysis of 348,615 Indian tax judgments — from 2015 to 2025.

Sections most often in play

Section 143(3)Section 271(1)(c)Section 37(1)Section 40A(3)Section 43A

Judgments citing Oil and Natural Gas Commission v. ACIT

Seoyon E-Hwa Summit Automotive India Private Limited, Kancheepuram vs. Commissioner of Income-Tax (Appeals), Na

In the result, appeal filed by the assessee is allowed

ITA 2091/CHNY/2024[2009-10]Status: DisposedITAT Chennai23 Apr 2025AY 2009-10

Bench: Shri Aby T. Varkey & Shri Amitabh Shukla

For Appellant: Mr.Lalit Kumar, CAFor Respondent: Dr.I. Roopa, Addl.CIT
Section 143(3)Section 271Section 271(1)(c)Section 37(1)Section 40A(3)Section 43A

…ge loss would increase the value of the closing stock, ITA No.2091/Chny/2024 & SA No.48/Chny/2024 (AY 2009-10) M/s. Seoyon E-HWA Summit – Automotive India Pvt. Ltd. :: 7 :: which view was endorsed by Delhi Tribunal in the case of Oil and Natural Gas [1999] 69 ITD 69 wherein, it was observed as under: "In a case where the increase in ability occurs in a subsequent accounting year, a question might conceivably arise as to whether the assessee was entitled to reopen its accounts for the earlier year when the raw material was imported, consumed and was represented by the corresponding credit by way of sale or clo…

Sigma Aldrich Chemicals Pvt. Ltd., Bangalore vs. ACIT, Bangalore

In the result, the assessee’s appeal is partly allowed and the revenue’s appeal is dismissed

ITA 1433/BANG/2013[2007-08]Status: DisposedITAT Bangalore24 Jul 2015AY 2007-08

Bench: Smt. P. Madhavi Devi & Shri Jason P Boaz

For Appellant: Shri K.R.Vasudevan, AdvocateFor Respondent: Dr. P.K.Srihari, Addl.CIT
Section 131Section 143(3)

…IN THE INCOME TAX APPELLATE TRIBUNAL ‘B’ BENCH : BANGALORE BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER and SHRI JASON P BOAZ, ACCOUNTANT MEMBER Sl. IT(TP)A No. Asst. Appellant Respondent No. Year 1. 268/Bang/2012 2005-06 M/s.Sigma Aldrich Chemicals Addl.CIT, Range-12, Pvt. Ltd. Plot No.12, Bangalore. Bommasandra, Jigani Link Road, Bangalore-560100. 2. 269/Bang/2012 2006-07 -do- Dy.CIT, Circle 12(3), Bangalore. 3. 1433/Bang/2013 2007-08 -do- Asst.CIT, Circle 12(3), Bangalore. 4. 1434/Bang/2013 2008-09 -do- -do- 5. 387/Bang/2012 2005-06 Asst. CIT, Circle 12(3), M/s.Sigma Aldrich Bangalore. Chemicals Pvt. Ltd. B…

DCIT, Bangalore vs. Sigma Aldrich Chemicals Pvt. Ltd., Bangalore

In the result, the assessee’s appeal is partly allowed and the revenue’s appeal is dismissed

ITA 1416/BANG/2013[2007-08]Status: DisposedITAT Bangalore24 Jul 2015AY 2007-08

Bench: Smt. P. Madhavi Devi & Shri Jason P Boaz

For Appellant: Shri K.R.Vasudevan, AdvocateFor Respondent: Dr. P.K.Srihari, Addl.CIT
Section 131Section 143(3)

…IN THE INCOME TAX APPELLATE TRIBUNAL ‘B’ BENCH : BANGALORE BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER and SHRI JASON P BOAZ, ACCOUNTANT MEMBER Sl. IT(TP)A No. Asst. Appellant Respondent No. Year 1. 268/Bang/2012 2005-06 M/s.Sigma Aldrich Chemicals Addl.CIT, Range-12, Pvt. Ltd. Plot No.12, Bangalore. Bommasandra, Jigani Link Road, Bangalore-560100. 2. 269/Bang/2012 2006-07 -do- Dy.CIT, Circle 12(3), Bangalore. 3. 1433/Bang/2013 2007-08 -do- Asst.CIT, Circle 12(3), Bangalore. 4. 1434/Bang/2013 2008-09 -do- -do- 5. 387/Bang/2012 2005-06 Asst. CIT, Circle 12(3), M/s.Sigma Aldrich Bangalore. Chemicals Pvt. Ltd. B…

DCIT, Bangalore vs. Sigma Aldrich Chemicals Pvt. Ltd., Bangalore

In the result, the assessee’s appeal is partly allowed and the revenue’s appeal is dismissed

ITA 1399/BANG/2013[2008-09]Status: DisposedITAT Bangalore24 Jul 2015AY 2008-09

Bench: Smt. P. Madhavi Devi & Shri Jason P Boaz

For Appellant: Shri K.R.Vasudevan, AdvocateFor Respondent: Dr. P.K.Srihari, Addl.CIT
Section 131Section 143(3)

…IN THE INCOME TAX APPELLATE TRIBUNAL ‘B’ BENCH : BANGALORE BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER and SHRI JASON P BOAZ, ACCOUNTANT MEMBER Sl. IT(TP)A No. Asst. Appellant Respondent No. Year 1. 268/Bang/2012 2005-06 M/s.Sigma Aldrich Chemicals Addl.CIT, Range-12, Pvt. Ltd. Plot No.12, Bangalore. Bommasandra, Jigani Link Road, Bangalore-560100. 2. 269/Bang/2012 2006-07 -do- Dy.CIT, Circle 12(3), Bangalore. 3. 1433/Bang/2013 2007-08 -do- Asst.CIT, Circle 12(3), Bangalore. 4. 1434/Bang/2013 2008-09 -do- -do- 5. 387/Bang/2012 2005-06 Asst. CIT, Circle 12(3), M/s.Sigma Aldrich Bangalore. Chemicals Pvt. Ltd. B…

DCIT, Bangalore vs. M/S Sigma Aldrich Chemicals Pvt. Ltd., Bangalore

In the result, the assessee’s appeal is partly allowed and the revenue’s appeal is dismissed

ITA 388/BANG/2012[2006-07]Status: DisposedITAT Bangalore24 Jul 2015AY 2006-07

Bench: Smt. P. Madhavi Devi & Shri Jason P Boaz

For Appellant: Shri K.R.Vasudevan, AdvocateFor Respondent: Dr. P.K.Srihari, Addl.CIT
Section 131Section 143(3)

…IN THE INCOME TAX APPELLATE TRIBUNAL ‘B’ BENCH : BANGALORE BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER and SHRI JASON P BOAZ, ACCOUNTANT MEMBER Sl. IT(TP)A No. Asst. Appellant Respondent No. Year 1. 268/Bang/2012 2005-06 M/s.Sigma Aldrich Chemicals Addl.CIT, Range-12, Pvt. Ltd. Plot No.12, Bangalore. Bommasandra, Jigani Link Road, Bangalore-560100. 2. 269/Bang/2012 2006-07 -do- Dy.CIT, Circle 12(3), Bangalore. 3. 1433/Bang/2013 2007-08 -do- Asst.CIT, Circle 12(3), Bangalore. 4. 1434/Bang/2013 2008-09 -do- -do- 5. 387/Bang/2012 2005-06 Asst. CIT, Circle 12(3), M/s.Sigma Aldrich Bangalore. Chemicals Pvt. Ltd. B…

DCIT, Bangalore vs. M/S Sigma Aldrich Chemicals Pvt. Ltd., Bangalore

In the result, the assessee’s appeal is partly allowed and the revenue’s appeal is dismissed

ITA 387/BANG/2012[2005-06]Status: DisposedITAT Bangalore24 Jul 2015AY 2005-06

Bench: Smt. P. Madhavi Devi & Shri Jason P Boaz

For Appellant: Shri K.R.Vasudevan, AdvocateFor Respondent: Dr. P.K.Srihari, Addl.CIT
Section 131Section 143(3)

…IN THE INCOME TAX APPELLATE TRIBUNAL ‘B’ BENCH : BANGALORE BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER and SHRI JASON P BOAZ, ACCOUNTANT MEMBER Sl. IT(TP)A No. Asst. Appellant Respondent No. Year 1. 268/Bang/2012 2005-06 M/s.Sigma Aldrich Chemicals Addl.CIT, Range-12, Pvt. Ltd. Plot No.12, Bangalore. Bommasandra, Jigani Link Road, Bangalore-560100. 2. 269/Bang/2012 2006-07 -do- Dy.CIT, Circle 12(3), Bangalore. 3. 1433/Bang/2013 2007-08 -do- Asst.CIT, Circle 12(3), Bangalore. 4. 1434/Bang/2013 2008-09 -do- -do- 5. 387/Bang/2012 2005-06 Asst. CIT, Circle 12(3), M/s.Sigma Aldrich Bangalore. Chemicals Pvt. Ltd. B…

M/S Sigma Aldrich Chemicals Private Limited, Bangalore vs. Addl..Ci.T., Bangalore

In the result, the assessee’s appeal is partly allowed and the revenue’s appeal is dismissed

ITA 268/BANG/2012[2005-06]Status: DisposedITAT Bangalore24 Jul 2015AY 2005-06

Bench: Smt. P. Madhavi Devi & Shri Jason P Boaz

For Appellant: Shri K.R.Vasudevan, AdvocateFor Respondent: Dr. P.K.Srihari, Addl.CIT
Section 131Section 143(3)

…IN THE INCOME TAX APPELLATE TRIBUNAL ‘B’ BENCH : BANGALORE BEFORE SMT. P. MADHAVI DEVI, JUDICIAL MEMBER and SHRI JASON P BOAZ, ACCOUNTANT MEMBER Sl. IT(TP)A No. Asst. Appellant Respondent No. Year 1. 268/Bang/2012 2005-06 M/s.Sigma Aldrich Chemicals Addl.CIT, Range-12, Pvt. Ltd. Plot No.12, Bangalore. Bommasandra, Jigani Link Road, Bangalore-560100. 2. 269/Bang/2012 2006-07 -do- Dy.CIT, Circle 12(3), Bangalore. 3. 1433/Bang/2013 2007-08 -do- Asst.CIT, Circle 12(3), Bangalore. 4. 1434/Bang/2013 2008-09 -do- -do- 5. 387/Bang/2012 2005-06 Asst. CIT, Circle 12(3), M/s.Sigma Aldrich Bangalore. Chemicals Pvt. Ltd. B…

Oil and Natural Gas Commission v. ACIT (69 ITD 69) — Cited in 7 Judgments | BharatTax