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11 results for “house property”+ Section 56(2)(viia)clear

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Mumbai80Chandigarh48Delhi27Bangalore11Chennai10Cochin8Cuttack7Jaipur6Visakhapatnam5Hyderabad5Pune4Amritsar1Lucknow1Allahabad1Raipur1SC1Indore1Ahmedabad1

Key Topics

Section 36(1)(viia)32Disallowance11Section 1010Deduction10Depreciation10Addition to Income10Section 35D8Section 115J8Section 143(2)8

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2(3), BANGALORE vs. M/S BIOWORTH INDIA PRIVATE LIMITED , KOLKATA

In the result, the appeal filed by the revenue is dismissed

ITA 679/BANG/2019[2010-11]Status: DisposedITAT Bangalore12 Oct 2022AY 2010-11

Bench: Smt. Beena Pillai & Shri Laxmi Prasad Sahuassessment Year : 2010-11

For Appellant: Shri Akkal Dudhewala, C.A by RevenueFor Respondent: Shri K Sankar Ganesh, JCIT (DR) by
Section 133(6)Section 37

properties. If the assessee claims that it is in the agency business involved in rendering services to pharmaceutical business the assessee ought to have disclosed income from such business. (Schedule 9 to Financials does not reveal such income - page 9 of assessee's paper book. Rs 1.5 lacs offered as service income was received from M/s Kemwell Pvt Ltd- Annexure

JCIT, BANGALORE vs. M/S CANARA BANK, BANGALORE

In the result, appeal by the revenue is partly allowed

Section 143(3)8
Section 14A8
Section 234D2
ITA 601/BANG/2010[2005-06]Status: DisposedITAT Bangalore30 Mar 2016AY 2005-06

Bench: Shri Vijay Pal Rao & Shri Inturi Rama Rao

For Appellant: Shri G.Sarangan, Senior AdvocateFor Respondent: Shri G.R.Reddy, CIT(DR)
Section 115JSection 143(2)Section 143(3)Section 14ASection 35DSection 36(1)(viia)

property 14,08,481 Total Income 664,29,10,657 7.5% of total income (A) 49,82,18,299 10% of average advances to rural branches (B) 448,69,51,809 Eligible deduction (A+B) = 498,51,70,108 ITA Nos.479 & 530/09, ……693 & 684/B/12 Page 7 of 42 It is the contention of the assessee-bank that for the purpose

CANARA BANK,BANGALORE vs. JCIT, BANGALORE

In the result, appeal by the revenue is partly allowed

ITA 530/BANG/2010[2005-06]Status: DisposedITAT Bangalore30 Mar 2016AY 2005-06

Bench: Shri Vijay Pal Rao & Shri Inturi Rama Rao

For Appellant: Shri G.Sarangan, Senior AdvocateFor Respondent: Shri G.R.Reddy, CIT(DR)
Section 115JSection 143(2)Section 143(3)Section 14ASection 35DSection 36(1)(viia)

property 14,08,481 Total Income 664,29,10,657 7.5% of total income (A) 49,82,18,299 10% of average advances to rural branches (B) 448,69,51,809 Eligible deduction (A+B) = 498,51,70,108 ITA Nos.479 & 530/09, ……693 & 684/B/12 Page 7 of 42 It is the contention of the assessee-bank that for the purpose

ADDL.CI.T., BANGALORE vs. M/S CANARA BANK, BANGALORE

In the result, appeal by the revenue is partly allowed

ITA 813/BANG/2011[2007-08]Status: DisposedITAT Bangalore30 Mar 2016AY 2007-08

Bench: Shri Vijay Pal Rao & Shri Inturi Rama Rao

For Appellant: Shri G.Sarangan, Senior AdvocateFor Respondent: Shri G.R.Reddy, CIT(DR)
Section 115JSection 143(2)Section 143(3)Section 14ASection 35DSection 36(1)(viia)

property 14,08,481 Total Income 664,29,10,657 7.5% of total income (A) 49,82,18,299 10% of average advances to rural branches (B) 448,69,51,809 Eligible deduction (A+B) = 498,51,70,108 ITA Nos.479 & 530/09, ……693 & 684/B/12 Page 7 of 42 It is the contention of the assessee-bank that for the purpose

M/S. CANARA BANK,BANGALORE vs. ACIT, BANGALORE

In the result, appeal by the revenue is partly allowed

ITA 479/BANG/2009[2006-07]Status: DisposedITAT Bangalore30 Mar 2016AY 2006-07

Bench: Shri Vijay Pal Rao & Shri Inturi Rama Rao

For Appellant: Shri G.Sarangan, Senior AdvocateFor Respondent: Shri G.R.Reddy, CIT(DR)
Section 115JSection 143(2)Section 143(3)Section 14ASection 35DSection 36(1)(viia)

property 14,08,481 Total Income 664,29,10,657 7.5% of total income (A) 49,82,18,299 10% of average advances to rural branches (B) 448,69,51,809 Eligible deduction (A+B) = 498,51,70,108 ITA Nos.479 & 530/09, ……693 & 684/B/12 Page 7 of 42 It is the contention of the assessee-bank that for the purpose

CANARA BANK,BANGALORE vs. ADDL.C.I.T., BANGALORE

In the result, appeal by the revenue is partly allowed

ITA 793/BANG/2011[2007-08]Status: DisposedITAT Bangalore30 Mar 2016AY 2007-08

Bench: Shri Vijay Pal Rao & Shri Inturi Rama Rao

For Appellant: Shri G.Sarangan, Senior AdvocateFor Respondent: Shri G.R.Reddy, CIT(DR)
Section 115JSection 143(2)Section 143(3)Section 14ASection 35DSection 36(1)(viia)

property 14,08,481 Total Income 664,29,10,657 7.5% of total income (A) 49,82,18,299 10% of average advances to rural branches (B) 448,69,51,809 Eligible deduction (A+B) = 498,51,70,108 ITA Nos.479 & 530/09, ……693 & 684/B/12 Page 7 of 42 It is the contention of the assessee-bank that for the purpose

ADDL.CIT, BANGALORE vs. M/S CANARA BANK, BANGALORE

In the result, appeal by the revenue is partly allowed

ITA 530/BANG/2009[2006-07]Status: DisposedITAT Bangalore30 Mar 2016AY 2006-07

Bench: Shri Vijay Pal Rao & Shri Inturi Rama Rao

For Appellant: Shri G.Sarangan, Senior AdvocateFor Respondent: Shri G.R.Reddy, CIT(DR)
Section 115JSection 143(2)Section 143(3)Section 14ASection 35DSection 36(1)(viia)

property 14,08,481 Total Income 664,29,10,657 7.5% of total income (A) 49,82,18,299 10% of average advances to rural branches (B) 448,69,51,809 Eligible deduction (A+B) = 498,51,70,108 ITA Nos.479 & 530/09, ……693 & 684/B/12 Page 7 of 42 It is the contention of the assessee-bank that for the purpose

JCIT, BANGALORE vs. M/S CANARA BANK, BANGALORE

In the result, appeal by the revenue is partly allowed

ITA 684/BANG/2012[2008-09]Status: DisposedITAT Bangalore30 Mar 2016AY 2008-09

Bench: Shri Vijay Pal Rao & Shri Inturi Rama Rao

For Appellant: Shri G.Sarangan, Senior AdvocateFor Respondent: Shri G.R.Reddy, CIT(DR)
Section 115JSection 143(2)Section 143(3)Section 14ASection 35DSection 36(1)(viia)

property 14,08,481 Total Income 664,29,10,657 7.5% of total income (A) 49,82,18,299 10% of average advances to rural branches (B) 448,69,51,809 Eligible deduction (A+B) = 498,51,70,108 ITA Nos.479 & 530/09, ……693 & 684/B/12 Page 7 of 42 It is the contention of the assessee-bank that for the purpose

CANARA BANK,BANGALORE vs. ADDL. C.I.T., BANGALORE

In the result, appeal by the revenue is partly allowed

ITA 693/BANG/2012[2008-09]Status: DisposedITAT Bangalore30 Mar 2016AY 2008-09

Bench: Shri Vijay Pal Rao & Shri Inturi Rama Rao

For Appellant: Shri G.Sarangan, Senior AdvocateFor Respondent: Shri G.R.Reddy, CIT(DR)
Section 115JSection 143(2)Section 143(3)Section 14ASection 35DSection 36(1)(viia)

property 14,08,481 Total Income 664,29,10,657 7.5% of total income (A) 49,82,18,299 10% of average advances to rural branches (B) 448,69,51,809 Eligible deduction (A+B) = 498,51,70,108 ITA Nos.479 & 530/09, ……693 & 684/B/12 Page 7 of 42 It is the contention of the assessee-bank that for the purpose

ING VYSYA BANK LTD. vs. ACIT, BANGALORE

In the result, appeal by the Assessee is partly allowed while the 68

ITA 288/BANG/2013[2005-06]Status: DisposedITAT Bangalore06 Feb 2015AY 2005-06

Bench: Shri N.V. Vasudevan & Shri Abraham P. Georgeassessment Year : 2005-06 M/S. Ing Vysya Bank Ltd., Vs. The Assistant Commissioner Of Ing Vysya House, Income Tax, No.22, M.G. Road, Circle 11(4), Bangalore – 560 001. Bangalore. Pan: Aabct 0529M Appellant Respondent Assessment Year : 2005-06 The Deputy Commissioner Of Vs. M/S. Ing Vysya Bank Ltd., Income Tax, Bangalore – 560 001. Circle 11(4), Pan: Aabct 0529M Bangalore. Appellant Respondent Assessee By : Shri S. Ananthan, C.A. Revenue By : Shri C.H. Sundar Rao, Cit-I(Dr) Date Of Hearing : 20.01.2015 Date Of Pronouncement : 06.02.2015 O R D E R Per N.V. Vasudevan

For Appellant: Shri S. Ananthan, C.AFor Respondent: Shri C.H. Sundar Rao, CIT-I(DR)
Section 1Section 10Section 234D

House, Income Tax, No.22, M.G. Road, Circle 11(4), Bangalore – 560 001. Bangalore. PAN: AABCT 0529M APPELLANT RESPONDENT Assessment year : 2005-06 The Deputy Commissioner of Vs. M/s. ING Vysya Bank Ltd., Income Tax, Bangalore – 560 001. Circle 11(4), PAN: AABCT 0529M Bangalore. APPELLANT RESPONDENT Assessee by : Shri S. Ananthan, C.A. Revenue by : Shri C.H. Sundar

DCIT vs. ING VYSYA BANK, BANGALORE

In the result, appeal by the Assessee is partly allowed while the 68

ITA 318/BANG/2013[2005-06]Status: DisposedITAT Bangalore06 Feb 2015AY 2005-06

Bench: Shri N.V. Vasudevan & Shri Abraham P. Georgeassessment Year : 2005-06 M/S. Ing Vysya Bank Ltd., Vs. The Assistant Commissioner Of Ing Vysya House, Income Tax, No.22, M.G. Road, Circle 11(4), Bangalore – 560 001. Bangalore. Pan: Aabct 0529M Appellant Respondent Assessment Year : 2005-06 The Deputy Commissioner Of Vs. M/S. Ing Vysya Bank Ltd., Income Tax, Bangalore – 560 001. Circle 11(4), Pan: Aabct 0529M Bangalore. Appellant Respondent Assessee By : Shri S. Ananthan, C.A. Revenue By : Shri C.H. Sundar Rao, Cit-I(Dr) Date Of Hearing : 20.01.2015 Date Of Pronouncement : 06.02.2015 O R D E R Per N.V. Vasudevan

For Appellant: Shri S. Ananthan, C.AFor Respondent: Shri C.H. Sundar Rao, CIT-I(DR)
Section 1Section 10Section 234D

House, Income Tax, No.22, M.G. Road, Circle 11(4), Bangalore – 560 001. Bangalore. PAN: AABCT 0529M APPELLANT RESPONDENT Assessment year : 2005-06 The Deputy Commissioner of Vs. M/s. ING Vysya Bank Ltd., Income Tax, Bangalore – 560 001. Circle 11(4), PAN: AABCT 0529M Bangalore. APPELLANT RESPONDENT Assessee by : Shri S. Ananthan, C.A. Revenue by : Shri C.H. Sundar