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4 results for “disallowance”+ Section 18Aclear

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Key Topics

Section 143(3)4Section 92C3Section 148A3Transfer Pricing3Section 2632Section 143(2)2Section 40A(2)(b)2Section 142(1)2Section 922

M/S. ORIGAMI CELLULO PRIVATE LIMITED,BENGALURU vs. PRINCIPAL COMMISSIONER OF INCOME TAX - 5, BENGALURU

In the result, the appeal of the assessee is allowed

ITA 394/BANG/2020[2015-16]Status: DisposedITAT Bangalore15 Sept 2021AY 2015-16

Bench: Shri N.V. Vasudevan & Shri Chandra Poojariassessment Year : 2015-16

For Appellant: Shri V. Srinivasan, AdvocateFor Respondent: Shri Pradeep Kumar, CIT(DR-III)(ITAT), Bengaluru
Section 142(1)Section 143(2)Section 143(3)Section 263Section 40A(2)(b)Section 92A(2)Section 92C

18a of P&L account), (ii) sales of scrap (Sch. 18b of P&L account), and (iii) other income (Sch. 19 of P&L account). Hence, incidence of TDS can apply only to other income, which as per the accounts was to the tune of Rs. 8.40 Crores (Rs. 873.53L less foreign exchange gain of Rs. 33.82L). Thus

REHANA PARVEEN,MANGALORE vs. INCOME TAX OFFICER, WARD 6(3)(1), BANGALORE

In the result, appeal of the assesseeis allowed

ITA 38/BANG/2025[2015-16]Status: DisposedITAT Bangalore29 Jul 2025AY 2015-16

Bench: Shri. Laxmi Prasad Sahu & Shri. Soundararajan Kassessment Year : 2015-16

For Appellant: Shri. Balram R Rao, AdvocateFor Respondent: Shri. Ganesh R. Ghale, Advocate, Standing Counsel for Revenue
Section 148Section 148ASection 149

disallowance of claim for deduction on account of cost of improvement amounting to Rs. 42,16,650. 4. On the facts and in the circumstances of the case, the learned CIT(A) failed to appreciate that the income escaping assessment for the assessment year under dispute was below Rs. 50,00,000/- and therefore the CIT(A) ought to have

M/S CONTINENTAL AUTOMOTIVE COMPONENTS INDIA PRIVATE LIMITED ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-2(1)(1), BANGALORE

In the result, the appeal is partly allowed

ITA 129/BANG/2019[2014-15]Status: DisposedITAT Bangalore29 Mar 2022AY 2014-15

Bench: Shri N.V. Vasudevan & Shri B. R. Baskaranassessment Year :2014-15 M/S. Continental Automotive Vs. Dcit, Components India Pvt. Ltd., Circle – 2(1)(1), Plot No.53B, Bommasandra Industrial Bengaluru. Area, Hosur Road, Attibele Hobli, Anekal Taluk, Bengaluru–560 099. Pan : Aakcs 9578 C Appellant Respondent Assessee By : Shri. T. Suryanarayana, Senior Advocate Revenue By : Shri. Mudavathu Harish Chandra Naik, Cit(Dr)(Itat), Bengaluru. Date Of Hearing : 21.03.2022 Date Of Pronouncement : 29.03.2022 O R D E R

For Appellant: Shri. T. Suryanarayana, Senior AdvocateFor Respondent: Shri. Mudavathu Harish Chandra Naik, CIT(DR)(ITAT), Bengaluru
Section 143(3)Section 92

Section 92CA of the Income-tax Act, 1961 (“the Act”) determining the TP adjustment with respect to manufacturing segment and SWD services segment totaling to Rs.155,70,82,500/-.Initially, a draft assessment order dated 08.12.2017 came to be passed by the AO in which, inter alia, the aforesaid TP adjustment was incorporated, apart from the additions made

M/S. WIELAND METALS INDIA PRIVATE LIMITED,BANGALORE vs. PRINCIPAL COMMISSIONER OF INCOME TAX, WARD- 7(1)(3), BANGALORE

In the result, the appeal by the assessee is partly allowed for statistical purposes

ITA 2394/BANG/2019[2015-16]Status: DisposedITAT Bangalore22 Sept 2021AY 2015-16

Bench: Shri Chandra Poojari & Shri George George K.

For Appellant: Shri K.P. Srinivas, CAFor Respondent: Shri Pradeep Kumar, CIT(DR) (ITAT), Bengaluru
Section 143(3)Section 144C(5)Section 92C

18A & B, Bommasandra Industrial Area, Ward 7(1)(3), Hebbagodi Village, Attibele Hobli, Bangalore. Anekal Taluk, Bangalore. PAN: AAACW 7975K APPELLANT RESPONDENT Appellant by : Shri K.P. Srinivas, CA Respondent by : Shri Pradeep Kumar, CIT(DR) (ITAT), Bengaluru. Date of hearing : 03.08.2021 Date of Pronouncement : 22.09.2021 O R D E R Per Chandra Poojari, Accountant Member This appeal by the assessee