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10 results for “disallowance”+ Section 115clear

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Key Topics

Section 10(38)20Section 5715Addition to Income10Disallowance9Exemption6Section 153A5Section 695Deduction2

RAMJI DAS GUPTA,GWALIOR vs. ACIT CIRCLE-2, GWALIOR

In the result, the appeal is allowed

ITA 152/AGR/2016[2010-11]Status: DisposedITAT Agra05 Oct 2018AY 2010-11

Bench: Shri A. D. Jaina.Y.: 2010-11 Shri Ramji Das Gupta, Vs. Acit, Circle-2, 247, Madhav Nagar, Gwalior. Gwalior Pan Acopg5414C (Appellant) (Respondent)

Section 36Section 57

115 ITR 519 (SC), it has been held that the plain natural construction of the language of section 57(iii) of the Income-tax Act, 1961 irresistibly leads to the conclusion that to bring a case within that section it is not necessary that any income should in fact have been earned as a result of the expenditure; what section

AKASH GOYAL,AGRA vs. ACIT CIRCLE 1(1)(1), AGRA

In the result, appeal is allowed

ITA 234/AGR/2018[2015-16]Status: DisposedITAT Agra04 Nov 2019
AY 2015-16

Bench: Shri Laliet Kumar & Dr. Mitha Lal Meena

Section 143(3)Section 57

disallowed the excess payment of such amount of interest on those borrowed funds before debiting its legitimate claim of expenditure u/s 57(iii) of the act which has not been not been appreciated in positive spirit by the authorities below according to us. Thus, we conclude that the assessee has not advanced loan to parties at lower rate with

A.C.I.T., CIRCLE-2, GWALIOR vs. M/S SUNIL KUMAR MITTAL & MAMTA MITTAL, MORENA

In the result, appeal of the Revenue is allowed for statistical purposes

ITA 128/AGR/2014[2005-06]Status: DisposedITAT Agra19 Aug 2019AY 2005-06

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

Section 10(38)Section 153A

115 & 116/Agra/2014 AY 2005-06, 2007-08, 2008-09 and 2009-10 Sl Issue AY 2005-06 AY 2006-07 AY 2007-08 AY 2008-09 169/Ag/14 114/Ag/14 115/Ag/14 116/Ag/14 1. Benami investment (in 11372500 shares of K.S. Oils Ltd.) [GOA No.1] of Shri Ramesh Chand Garg [On protective basis 2. Disallowance of 40544561 57219232 97319134 exemption

A.C.I.T., CIRCLE-2, GWALIOR vs. M/S RAKESH SHIVHARE & NISHA MITTAL, MORENA

In the result, appeal of the Revenue is allowed for statistical purposes

ITA 117/AGR/2014[2005-06]Status: DisposedITAT Agra19 Aug 2019AY 2005-06

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

Section 10(38)Section 153A

115 & 116/Agra/2014 AY 2005-06, 2007-08, 2008-09 and 2009-10 Sl Issue AY 2005-06 AY 2006-07 AY 2007-08 AY 2008-09 169/Ag/14 114/Ag/14 115/Ag/14 116/Ag/14 1. Benami investment (in 11372500 shares of K.S. Oils Ltd.) [GOA No.1] of Shri Ramesh Chand Garg [On protective basis 2. Disallowance of 40544561 57219232 97319134 exemption

A.C.I.T., CIRCLE-2, GWALIOR vs. M/S SHYAM SUNDER & MANISH TAORI, MORENA

In the result, appeal of the Revenue is allowed for statistical purposes

ITA 124/AGR/2014[2005-06]Status: DisposedITAT Agra19 Aug 2019AY 2005-06

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

Section 10(38)Section 153A

115 & 116/Agra/2014 AY 2005-06, 2007-08, 2008-09 and 2009-10 Sl Issue AY 2005-06 AY 2006-07 AY 2007-08 AY 2008-09 169/Ag/14 114/Ag/14 115/Ag/14 116/Ag/14 1. Benami investment (in 11372500 shares of K.S. Oils Ltd.) [GOA No.1] of Shri Ramesh Chand Garg [On protective basis 2. Disallowance of 40544561 57219232 97319134 exemption

A.C.I.T.,CIRCLE-2, GWALIOR vs. M/S VANDANA JAIN & RAMA BANSAL, MORENA

In the result, appeal of the Revenue is allowed for statistical purposes

ITA 169/AGR/2014[2005-06]Status: DisposedITAT Agra19 Aug 2019AY 2005-06

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

Section 10(38)Section 153A

115 & 116/Agra/2014 AY 2005-06, 2007-08, 2008-09 and 2009-10 Sl Issue AY 2005-06 AY 2006-07 AY 2007-08 AY 2008-09 169/Ag/14 114/Ag/14 115/Ag/14 116/Ag/14 1. Benami investment (in 11372500 shares of K.S. Oils Ltd.) [GOA No.1] of Shri Ramesh Chand Garg [On protective basis 2. Disallowance of 40544561 57219232 97319134 exemption

A.C.I.T., CIRCLE-2,, AGRA vs. M/S SAKSHI TAIRI & CHHAYA BATTAD, MORENA

In the result, appeal of the Revenue is allowed for statistical purposes

ITA 170/AGR/2014[2005-06]Status: DisposedITAT Agra19 Aug 2019AY 2005-06

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

Section 10(38)Section 153A

115 & 116/Agra/2014 AY 2005-06, 2007-08, 2008-09 and 2009-10 Sl Issue AY 2005-06 AY 2006-07 AY 2007-08 AY 2008-09 169/Ag/14 114/Ag/14 115/Ag/14 116/Ag/14 1. Benami investment (in 11372500 shares of K.S. Oils Ltd.) [GOA No.1] of Shri Ramesh Chand Garg [On protective basis 2. Disallowance of 40544561 57219232 97319134 exemption

SMT. GARIMA MEHTA,GWALIOR vs. I.T.O., WARD-1(2), GWALIOR

In the result, the appeal is partly allowed

ITA 343/AGR/2013[2009-10]Status: DisposedITAT Agra11 Jul 2018AY 2009-10

Bench: Shri A. D. Jain & Dr. Mitha Lal Meena

Section 10ASection 69

disallowed the assessee’s claim u/s 10A on the basis that the 21. assessee did not fulfill the conditions contained in section 10A. It was observed that the business premises of the assessee was not situated either in a Software Technology Park, or in a Special Category Zone, as required by the provisions of section 10A(1) (A); that

AGRA DEVELOPMENT AUTHORITY,AGRA vs. DCIT., CIRCLE-1, AGRA

The appeals of the assessee are allowed and the appeal of the revenue is dismissed

ITA 216/AGR/2016[2011-12]Status: DisposedITAT Agra17 May 2021AY 2011-12
Section 124Section 142Section 153

disallowed / added such expenditure / receipts in the assessee's income and Expenditure Account. Since the exemption to the assessee (appellant) u/s 11 has been denied by the AO in view of proviso to section 2(15) read with section 13(8), therefore the assessee's income has been assessed under the head income from Business or Profession' and such total

HARDAYAL MILK PRODUCTS PRIVATE LIMITED,SHIKOHABAD vs. DCIT, CIRCLE-2(2)(1), FIROZABAD, FIROZABAD

In the result, the appeal preferred by the assessee is partly

ITA 342/AGR/2025[2013-14]Status: DisposedITAT Agra29 Dec 2025AY 2013-14

Bench: : Shri S. Rifaur Rahman & Shri Sunil Kumar Singhassessment Year: 2013-14

Section 143(2)Section 145(3)

disallowance on fixed assets. The perusal of the impugned assessment order would reveal that the ld. Assessing Officer while considering the net profit rate of the assessee has given a comparative analysis of the turnover and profits of the appellant for the three assessment years as under: A.Y. Sales (Rs.) GP (Rs) G.P. Rate NP(Rs.) N.P. Rate