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9 results for “disallowance”+ Section 270clear

Sorted by relevance

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Key Topics

Section 271(1)(c)7Section 547Addition to Income5Penalty4Section 1473Section 2743Section 271(1)3Section 683Section 69A3Natural Justice

M/S. VENUS AUTO FIROZABAD,FIROZABAD vs. ACIT-2 RANGE-5, FIROZABAD

In the result, the appeal is allowed

ITA 64/AGR/2015[2010-11]Status: DisposedITAT Agra19 Dec 2017AY 2010-11

Bench: Shri A. D. Jain & Dr. Mitha Lal Meenavenus Auto Vs..Dcit-Range-5, Bye Pass Road, Firozabad. Firozabad. Panno.Aacfv2616H (Assessee) (Revenue)

Section 2Section 234BSection 36

Section 36 (1) (iii) of the Act. According to the Assessing Officer the assessee was not eligible to claim interest expenditure on the interest bearing loan of Rs. 58,00,000/- taken by it as the assessee had in its books recorded interest free loans given by it for non business purpose of value Rs. 92.75 lacs. Further

VECTUS INDUSTRIES LTD.,,GWALIOR vs. DCIT/ACIT 1(1), GWALIOR

In the result, the appeal of the assessee is allowed

ITA 8/AGR/2023[2018-19]Status: Disposed
3
Disallowance3
Section 143(3)2
ITAT Agra
06 Feb 2025
AY 2018-19

Bench: Shri M. Balaganesh(Through Virtual Hearing)

For Appellant: Shri K. Sampath, AdvFor Respondent: Shri Shailender Shrivastava, Sr. DR
Section 271(1)Section 271(1)(c)Section 274

disallowances on account of scrap sale, interest on deposits, miscellaneous income, etc. d) The assessee agreed to the entire assessment and did not file any appeal and paid the due taxes thereon. Hence, it was pleaded that substantive provisions of section 270

VECTUS INDUSTRIES LTD.,,GWALIOR vs. DCIT/ACIT 1(1) , GWALIOR

In the result, the appeal of the assessee is allowed

ITA 7/AGR/2023[2017-18]Status: DisposedITAT Agra06 Feb 2025AY 2017-18

Bench: Shri M. Balaganesh(Through Virtual Hearing)

For Appellant: Shri K. Sampath, AdvFor Respondent: Shri Shailender Shrivastava, Sr. DR
Section 271(1)Section 271(1)(c)Section 274

disallowances on account of scrap sale, interest on deposits, miscellaneous income, etc. d) The assessee agreed to the entire assessment and did not file any appeal and paid the due taxes thereon. Hence, it was pleaded that substantive provisions of section 270

VECTUS INDUSTRIES LTD.,GWALIOR vs. DCIT/ACIT 1(1), GWALIOR

In the result, the appeal of the assessee is allowed

ITA 6/AGR/2023[2012-13]Status: DisposedITAT Agra06 Feb 2025AY 2012-13

Bench: Shri M. Balaganesh(Through Virtual Hearing)

For Appellant: Shri K. Sampath, AdvFor Respondent: Shri Shailender Shrivastava, Sr. DR
Section 271(1)Section 271(1)(c)Section 274

disallowances on account of scrap sale, interest on deposits, miscellaneous income, etc. d) The assessee agreed to the entire assessment and did not file any appeal and paid the due taxes thereon. Hence, it was pleaded that substantive provisions of section 270

VERMA SERVICE STATION,FIROZABAD vs. ACIT, FIROZABAD

In the result, the appeal of the assessee is dismissed

ITA 212/AGR/2018[2009-10]Status: DisposedITAT Agra11 Sept 2019AY 2009-10

Bench: Shri Laliet Kumar,And Dr. Mitha Lal Meena

Section 68

270/-. Subsequently, the case was taken up for scrutiny under CASS and the assessment was completed at a total income of Rs.1,01,55,498/-. In the process of making additions, the AO disallowed a sum of Rs 92,00,000/- unexplained capital of the partner of the firm and that in the assessment order the appellant conceded

ANIL KUMAR GOYAL HUF,FIROZABAD vs. ITO WARD-5(1), FIROZABAD

In the result, the appeal of the assessee is allowed

ITA 189/AGR/2017[2012-13]Status: DisposedITAT Agra30 Jul 2019AY 2012-13

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meenaassessment Year:2012-13

Section 54Section 54F

270 CTR Page 561 (Delhi) and also in view Circular no. 471 dtd. 15.10.86 and no. 672 dtd. 16.12.93, it is clear that money has been paid in full by the assessee, the provision of section 54 must be deemed have been complied with and assessee should be allowed the benefit of the beneficial provision contained in section

M/S VERMA SERVICE STATION,FIROZABAD vs. D.C.I.T., RANGE-5, FIROZABAD

In the result, the appeal of the assessee is dismissed

ITA 349/AGR/2018[2009-2010]Status: DisposedITAT Agra12 Sept 2019AY 2009-2010

Bench: Shri Laliet Kumar,And Dr. Mitha Lal Meena

Section 271Section 271(1)(c)Section 68

270/-. Subsequently, the case was taken up for I.T.A No. 349/Agra/2018 3 & S.A. No.06/Agra/2018 (in I.T.A No. 349/Agra/2018) scrutiny under CASS and the assessment was completed at a total income of Rs.1,01,55,498/-. In the process of making additions, the AO disallowed a sum of Rs 92,00,000/- introduced as capital of the partners of the firm

VARDAN CONSTRUCTIONS PRIVATE LIMITED,GWALIOR vs. INCOME TAX OFFICER-2(3), GWALIOR

In the result, the appeal of the assessee is allowed for statistical purpose

ITA 21/AGR/2025[2012-13]Status: DisposedITAT Agra03 Apr 2025AY 2012-13

Bench: Shri Sunil Kumar Singh & Shri Brajesh Kumar Singh[Assessment Year: 2012-13]

Section 143(3)Section 147Section 50C

270/- after making an addition of Rs.2 lakhs. Thereafter, the case was reopened u/s 147 of the Act after obtaining the approval from PCIT, Gwalior, wherein the information recorded in the reasons was that the assessee had sold an immovable property jointly owned with M/s Balkrishan Garg HUF for Rs.90,00,000/- and Short Term Capital Gain of Rs.11

SHUSHIL KUMAR GAUTAM,GABHANA ALIGARH vs. ASSESSING OFFICER 4(1)(1), ALIGARH

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

ITA 4/AGR/2025[2015-16]Status: DisposedITAT Agra18 Jul 2025AY 2015-16

Bench: Shri Sunil Kumar Singh & Shri Brajesh Kumar Singh[Assessment Year: 2015-16]

Section 115BSection 139Section 144Section 147Section 148Section 28Section 30Section 44ASection 69A

section 28 of the Act. The Assessing Officer further held that since the assessee did not maintain any books of accounts, the assessee is not considered to claim any deduction u/s 30 to 38 of the Act, which the assessee also failed to establish. 3.2. The Assessing Officer further noted that there was a specific information that the assessee