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7 results for “disallowance”+ Section 55Aclear

Sorted by relevance

Mumbai58Ahmedabad7Raipur6Kolkata5Delhi5Bangalore4Surat3Lucknow3Pune3Chennai2Chandigarh2Rajkot2Indore1SC1Nagpur1Jaipur1

Key Topics

Section 271(1)(c)8Section 55A5Capital Gains4Addition to Income4Section 143(3)3Long Term Capital Gains3Disallowance3Section 143(1)2Section 143(2)2Section 250

CHIRAG BHARATBHAI AMIN,,AHMEDABAD vs. THE INCOME TAX OFFICER, WARD-3,, GANDHINAGAR

In the result, assessee's appeal stands allowed

ITA 1694/AHD/2016[2012-13]Status: DisposedITAT Ahmedabad15 Mar 2024AY 2012-13

Bench: Shri Waseem Ahmed (Accountant Member), Ms. Madhumita Roy (Judicial Member)

For Appellant: Shri S.N. Divatia, A.R. &For Respondent: Shri C. Dharninath V.S, Sr. D.R
Section 143(3)Section 55ASection 66A

disallowance sustained by the Ld. CIT (A) suffers from legal infirmity. The same may kindly be deleted. 4. The appellant craves leave to add, amend, alter, edit, delete, modify or change all or any of the grounds of appeal at the time of or before the hearing of appeal.” 3. The case made out by the assessee is this that

HARSHADKUMAR HARGOVANDAS PATEL,KALOL vs. THE ITO, WARD-4, MEHSANA

2
Section 1432
Section 142(1)2

In the result, the appeal of the assessee is allowed for statistical\npurposes

ITA 125/AHD/2023[2013-14]Status: DisposedITAT Ahmedabad15 Oct 2025AY 2013-14
For Appellant: Shri Tushar Hemani, Sr. Adv. & ShriFor Respondent: Shri Abhijit, Sr. D.R
Section 143Section 143(3)Section 148Section 55A

section 131 was issued to cross-verify the transaction.\nInstead, the Assessing Officer disallowed the expenditure merely on the basis\nof conjecture and surmise. The Counsel submitted that both the Assessing\nOfficer and the CIT(A) failed to appreciate that the expenditure was\nsupported by records and confirmations and that the disallowance made in\nthe absence of any contrary evidence

YOGESH JASHUBHAI PATEL,AHMEDABAD vs. THE INCOME TAX OFFICER, WARD-3(4) NOW WARD- 1(2)(1), AHMEDABAD

In the result, both the appeals filed by the assessee are allowed

ITA 158/AHD/2023[2011-12]Status: DisposedITAT Ahmedabad06 Nov 2025AY 2011-12

Bench: Dr. Brr Kumar & Shri Siddhartha Nautiyal1. आयकर अपील सं /Ita No.158/Ahd/2023, Asst.Year 2011-12 2. आयकर अपील सं /Ita No.159/Ahd/2023, Asst.Year 2011-12 Yogesh Jashubhai Patel, The Income Tax Officer Harivallabh Society बनाम/ Ward-3(4) V/S. Naroda Now Ward-1(2)(1) Opp. Devi Cinema Ahmedabad – 380 051 Ahmedabad – 382 345 "थायी लेखा सं./Pan: Audpp 9058 L (अपीलाथ"/ Appellant) ("" यथ"/ Respondent) Assessee By : Shri M.K. Patel, Advocate Revenue By : Shri C. Dharani Nath, Sr.Dr सुनवाई की तारीख/Date Of Hearing : 16/09/2025 घोषणा की तारीख /Date Of Pronouncement: 06/11/2025 आदेश/O R D E R Per Siddhartha Nautiyal, Jm: The Present Appeals Have Been Preferred By The Assessee Against The Order Of The Learned Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre (Nfac), Delhi [Hereinafter Referred To As ‘Cit(A)’] Dated 06/01/2023 Passed U/S.250 Of The Income Tax Act, 1961 (Hereinafter Referred To As ‘The Act’) For The Assessment Year (Ay) 2011-2012. 2. The Assessee Has Raised The Following Grounds Of Appeal In Ita No.158/Ahd/2023:

For Appellant: Shri M.K. Patel, AdvocateFor Respondent: Shri C. Dharani Nath, Sr.DR
Section 250Section 271(1)(c)

55A to refer the matter to the DVO for determining the fair market value. Similarly, the ITAT Ahmedabad Bench in Harshadkumar Hargovandas Patel v. Income-tax Officer [2025] 179 taxmann.com 408 (Ahmedabad - Trib.) has held that the Assessing Officer, being a non-technical authority, cannot reject the valuation given by a registered valuer and adopt his own value without seeking

YOGESH JASHUBHAI PATEL,AHMEDABAD vs. THE INCOME TAX OFFICER, WARD-3(4) NOW WARD- 1(2)(1), AHMEDABAD

In the result, both the appeals filed by the assessee are allowed

ITA 159/AHD/2023[2011-12]Status: DisposedITAT Ahmedabad06 Nov 2025AY 2011-12

Bench: Dr. Brr Kumar & Shri Siddhartha Nautiyal1. आयकर अपील सं /Ita No.158/Ahd/2023, Asst.Year 2011-12 2. आयकर अपील सं /Ita No.159/Ahd/2023, Asst.Year 2011-12 Yogesh Jashubhai Patel, The Income Tax Officer Harivallabh Society बनाम/ Ward-3(4) V/S. Naroda Now Ward-1(2)(1) Opp. Devi Cinema Ahmedabad – 380 051 Ahmedabad – 382 345 "थायी लेखा सं./Pan: Audpp 9058 L (अपीलाथ"/ Appellant) ("" यथ"/ Respondent) Assessee By : Shri M.K. Patel, Advocate Revenue By : Shri C. Dharani Nath, Sr.Dr सुनवाई की तारीख/Date Of Hearing : 16/09/2025 घोषणा की तारीख /Date Of Pronouncement: 06/11/2025 आदेश/O R D E R Per Siddhartha Nautiyal, Jm: The Present Appeals Have Been Preferred By The Assessee Against The Order Of The Learned Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre (Nfac), Delhi [Hereinafter Referred To As ‘Cit(A)’] Dated 06/01/2023 Passed U/S.250 Of The Income Tax Act, 1961 (Hereinafter Referred To As ‘The Act’) For The Assessment Year (Ay) 2011-2012. 2. The Assessee Has Raised The Following Grounds Of Appeal In Ita No.158/Ahd/2023:

For Appellant: Shri M.K. Patel, AdvocateFor Respondent: Shri C. Dharani Nath, Sr.DR
Section 250Section 271(1)(c)

55A to refer the matter to the DVO for determining the fair market value. Similarly, the ITAT Ahmedabad Bench in Harshadkumar Hargovandas Patel v. Income-tax Officer [2025] 179 taxmann.com 408 (Ahmedabad - Trib.) has held that the Assessing Officer, being a non-technical authority, cannot reject the valuation given by a registered valuer and adopt his own value without seeking

SHRI NEERAV SHAILESH PAREKH,,AHMEDABAD vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-11,, AHMEDABAD

In the result, appeal of the assessee is allowed

ITA 535/AHD/2017[2008-09]Status: DisposedITAT Ahmedabad03 Jan 2024AY 2008-09

Bench: Ms. Suchitra Kambleassessment Year: 2008-09

Section 143(1)Section 143(2)Section 48

disallowance of Rs.1,86,400/- towards claim of payment of rent to HUF and also disclosed Rs.1,67,064/- towards unsecured loans. 4. Being aggrieved by the Assessment Order, the assessee filed appeal before the CIT(A). The CIT(A) partly allowed the appeal of the assessee. 5. As relates to ground no.1, the Ld. AR submitted that the Assessing

MR. JOBANJI THAKOR,AHMEDABAD vs. THE ITO. WARD-3(2)(2), AHMEDABAD

Appeal is partly allowed

ITA 264/AHD/2019[2015-16]Status: DisposedITAT Ahmedabad26 Feb 2025AY 2015-16

Bench: SHRI T.R. SENTHIL KUMAR, JUDICIAL MEMBER\nAND\nSHRI MAKARAND V. MAHADEOKAR, ACCOUNTANT MEMBER\nआयकर अपील सं/ITA No.264/Ahd/2019\nनिर्धारण वर्ष / Assessment Year : 2015-16\nMr. Jobanji Thakor\nThe ITO\nF-40, Abugiri Society\nबनाम / Ward-3(2)(2)\nTal. Daskroi, Jagatpur\nv/s.\nAhmedabad\nAhmedabad - 382 470\nस्थायी लेखा सं./PAN: AKNPT 2930 M\n(अपीलार्थी/ Appellant)\n(प्रत्यर्थी / Respondent)\nAssessee by:\nShri Mehul K. Patel, AR\nRevenue by :\nShri A.P. Singh, CIT-DR\nसुनवाई की तारीख/Date of

For Appellant: \nShri Mehul K. Patel, ARFor Respondent: \nShri A.P. Singh, CIT-DR
Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 2(14)(iii)

55A of the Act, specifically from the\nDistrict Valuation Officer (DVO) vide report numbers D.T. 26/12/2017 and\nNo. 6 (25)/VO-1/2017-18/873. The DVO had determined the cost of the land\nas on 01.04.1981 at Rs.5,96,000/-, and after applying the indexation benefit,\nthe indexed cost was computed at Rs.15,25,760/-. The assessee reiterated that\nthe valuation had been

ACIT CC 2(3) AHMEDABAD, AHMEDABAD vs. AISHA DHIRAJ GOGIA, AHMEDABAD

In the result: 50. To summarize the final outcome:

ITA 1673/AHD/2024[2018-19]Status: DisposedITAT Ahmedabad28 Nov 2025AY 2018-19

Bench: Shri Sanjay Garg & Shri Narendra Prasad Sinha["ी संजय गग", "ाियक सद" एवं "ी नरे" साद िस!ा, लेखा सद" के सम#।]

disallowance in unabated years, without any specific incriminating material contradicting the documented transactions, is illegal. The AR submitted that it has never been accepted by Shri Shiv Kumar Gogia that these were penny stocks and that the Ld. AO has misunderstood his statement and has wrongly drawn adverse inference against the assessee. He submitted that firstly, there was nothing incriminating