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330 results for “disallowance”+ Section 30clear

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Key Topics

Addition to Income49Section 80I44Section 26339Section 143(3)37Section 40A(3)36Deduction31Disallowance30Section 143(2)27Section 25326

VARDHMAN SPECIAL STEELS LTD.,LUDHIANA vs. DCIT, CIRCLE-1, LUDHIANA

ITA 79/CHANDI/2024[2018-19]Status: DisposedITAT Chandigarh20 May 2025AY 2018-19
For Appellant: \nShri Tejmohan Singh, AdvocateFor Respondent: \nDr. Ranjit Kaur, Addl. CIT, Sr. DR
Section 115JSection 142(1)Section 143(2)Section 14ASection 270ASection 36(1)Section 36(1)(iii)Section 57

Section 14A of The Income Tax Act,\n1961 read with Rule 8D ignoring the contention of the assesse.\n\nAO's Action\nThat Ld. AO disallowed a net amount of Rs.1,78,314/- u/s 14A of the Act\nafter deducting suo-moto disallowance of Rs.556/- made by the\nassesse.\n\nBreakup of Disallowance made by the AO\nDisallowance

Showing 1–20 of 330 · Page 1 of 17

...
Section 143(1)26
Section 1025
TDS12

DCIT, C-V, LUDHIANA vs. M/S HERO CYCLES LTD., LUDHIANA

In the result, appeal of the Department is dismissed and the appeal of the assessee is allowed

ITA 588/CHANDI/2018[2012-13]Status: DisposedITAT Chandigarh08 Sept 2025AY 2012-13

Bench: SHRI. RAJPAL YADAV (Vice President), SHRI. KRINWANT SAHAY, AM आयकर अपील सं. / ITA No. 588/Chd/2018 निर्धारण वर्ष / Assessment Years : 2012-13 The DCIT C-V, Ludhiana बनाम M/s Hero Cycles Ltd. Hero Nagar, G.T. Road Ludhiana स्थायी लेखा सं./PAN NO: AAACH4073P अपीलार्थी/Appellant प्रत्यर्थी / Respondent आयकर अपील सं. / ITA No. 473/Chd/2018 निर्धारण वर्ष / Assessment Years : 2012-13 M/s Hero Cycles Ltd. Hero Nagar, G.T. Road Ludhiana बनाम The ACIT C-V, Ludhiana स्थायी लेखा सं./PAN NO: AAACH4073P

For Appellant: Shri Ashwani Kumar, Shri Ashish Aggarwal &For Respondent: Shri Manav Bansal, CIT, DR
Section 10(38)Section 143(1)Section 14ASection 36(1)(iii)

30. In his rival submissions the Ld. Counsel for the assessee at the very outset stated that as far as the issue of suo-moto disallowance on account of interest u/s 14A read with Rule 8D(2)(ii) is concerned, the ITAT had already deleted the disallowance of interest on the basis of availability of own funds therefore issue

M/S BARNALA BUILDERS AND CONSULTANT,ZIRAKPUR vs. DCIT/ACIT (CEN)-1, CHANDIGARH

In the result, the appeal of the assessee is dismissed

ITA 274/CHANDI/2022[2018-19]Status: DisposedITAT Chandigarh07 May 2024AY 2018-19

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

For Appellant: Shri Parikshit Aggarwal, C.AFor Respondent: Smt. Amanpreet Kaur, Sr. DR
Section 139(1)Section 143(1)Section 143(1)(a)Section 36(1)(va)

disallowance of expenditure or increase in income indicated in the audit report but not taken into account in computing the total income in the return’ 8. Sub-section (1) of section 143 states that a return shall be processed to compute total income by making six types of `adjustments’ as set out in sub- clauses (i) to (vi). As noted

PUNJAB SMALL INDUSTRIES AND EXPORT CORPORATION LTD.,CHANDIGARH vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE 2(1), CHANDIGARH, CHANDIGARH

In the result, appeal of the Assessee is partly allowed

ITA 627/CHANDI/2024[2016-17]Status: DisposedITAT Chandigarh23 May 2025AY 2016-17

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. MANOJ KUMAR AGGARWAL (Accountant Member)

For Appellant: Shri Vineet Krishan, AdvocateFor Respondent: Dr. Ranjit Kaur, Addl. CIT, Sr. DR
Section 143(3)Section 250Section 40Section 40aSection 43B

Section 40(a)(ia): Disallowed 30% of Rs. 19,27,329 paid as interest to six ex-employees without TDS, as required

ARVINDER PAUL JIT SINGH GILL,CHANDIGARH vs. ITO, WARD 2(1), CHANDIGARH

In the result, the appeal of the assessee is dismissed

ITA 325/CHANDI/2022[2019-20]Status: DisposedITAT Chandigarh21 Feb 2024AY 2019-20

Bench: Shri A.D. Jain & Shri Vikram Singh Yadav

For Appellant: Shri Nalin Nohria & Shri B.K.Nohria,CAsFor Respondent: Smt. Amanpreet Kaur, Sr.DR
Section 143(1)Section 143(1)(a)Section 2(24)(x)Section 36(1)(va)

disallowance of expenditure or increase in income indicated in the audit report but not taken into account in computing the total income in the return’ 8. Sub-section (1) of section 143 states that a return shall be processed to compute total income by making six types of `adjustments’ as set out in sub-clauses (i) to (vi). As noted

M/S BHUSHAN POWER AND STEEL LTD.,CHANDIGARH vs. DCIT/ACIT (CEN.)-1, CHANDIGARH

In the result, the appeal of the assessee is dismissed

ITA 355/CHANDI/2022[2019-20]Status: DisposedITAT Chandigarh05 Jun 2024AY 2019-20

Bench: Shri A.D. Jain & Shri Krinwant Sahay

For Appellant: NoneFor Respondent: Smt. Amanpreet Kaur, Sr.DR
Section 143(1)Section 143(1)(a)Section 2(24)(x)Section 36(1)(va)Section 43B

disallowance of expenditure or increase in income indicated in the audit report but not taken into account in computing the total income in the return’ 8. Sub-section (1) of section 143 states that a return shall be processed to compute total income by making six types of ITA 355/CHD/2022 A.Y. 2019-20 6 `adjustments

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, LUDHAINA vs. HOMELAND CITY PROJECT LTD, NEW DELHI

In the result, the appeal of the Revenue is dismissed

ITA 559/CHANDI/2024[2020-21]Status: DisposedITAT Chandigarh17 Dec 2024AY 2020-21

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

For Appellant: Shri Sudhir Sehgal, AdvocateFor Respondent: Shri Rohit Sharma, CIT DR
Section 143(1)Section 143(1)(a)Section 37

disallowance has been made as per Section 37(1) of the Act, therefore it is relevant to reproduce the section 37(1) of the Act as under: Quote 37. (1) Any expenditure (not being expenditure of the nature described in sections 30

IND SWIFT LABORATORIES LTD.,CHANDIGARH vs. DCIT, CIRCLE 1(1), CHANDIGARH

In the result, the appeal is allowed, as indicated

ITA 350/CHANDI/2023[2017-18]Status: DisposedITAT Chandigarh04 Jun 2024AY 2017-18

Bench: SHRI A.D.JAIN (Vice President), SHRI KRINWANT SAHAY (Accountant Member)

For Appellant: Shri T.N.Singla, C.AFor Respondent: Shri Rohit Sharma, CIT-DR
Section 250Section 35Section 35(1)Section 35(1)(i)Section 35(2)

disallowed under section 36(1)(iii) of the Act; and that hence, the assessee will not be entitled to claim deduction of the interest on the borrowings to the extent those are diverted to sister concerns or other persons without interest. 35.01. In 'Bright Enterprises (P) Ltd. Versus Commissioner of Income Tax, Jalandhar (Punjab

DY. COMMISSIONER OF INCOME TAX, AAYAKAR BHAWAN vs. ROCKMAN INDUSTRIES LIMITED, FOCAL POINT

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

ITA 84/CHANDI/2024[2020-21]Status: DisposedITAT Chandigarh25 Nov 2024AY 2020-21

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

Section 142(1)Section 143(2)Section 143(3)Section 246ASection 250(6)Section 253Section 263

30,134/-“ 2.17 The aforesaid assessment order of Ld. AO is dt. 30/12/2018. Proceedings before CIT(A) 3. The assessee being aggrieved by the aforesaid assessment order prefers first appeal in terms of Section 246A of the Act before CIT(A) who by the impugned order dt. 04/10/2023 has allowed the appeal of the assessee by placing reliance

ASSTT. COMMISSIONER OF INCOME TAX, CIRCLE-4, AAYAKAR BHAWAN vs. ROCKMAN INDUSTRIES LIMITED, -

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

ITA 177/CHANDI/2024[2013-14]Status: DisposedITAT Chandigarh25 Nov 2024AY 2013-14

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

Section 142(1)Section 143(2)Section 143(3)Section 246ASection 250(6)Section 253Section 263

30,134/-“ 2.17 The aforesaid assessment order of Ld. AO is dt. 30/12/2018. Proceedings before CIT(A) 3. The assessee being aggrieved by the aforesaid assessment order prefers first appeal in terms of Section 246A of the Act before CIT(A) who by the impugned order dt. 04/10/2023 has allowed the appeal of the assessee by placing reliance

DY. COMMISSIONER OF INCOME TAX, CIRCLE-4, LUDHIANA, - vs. ROCKMAN INDUSTRIES LTD, -

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

ITA 818/CHANDI/2023[2015-16]Status: DisposedITAT Chandigarh25 Nov 2024AY 2015-16

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

Section 142(1)Section 143(2)Section 143(3)Section 246ASection 250(6)Section 253Section 263

30,134/-“ 2.17 The aforesaid assessment order of Ld. AO is dt. 30/12/2018. Proceedings before CIT(A) 3. The assessee being aggrieved by the aforesaid assessment order prefers first appeal in terms of Section 246A of the Act before CIT(A) who by the impugned order dt. 04/10/2023 has allowed the appeal of the assessee by placing reliance

DY. COMMISSIONER OF INCOME TAX, CIRCLE-4, , AAYAKAR BHAWAN vs. ROCKMAN INDUSTRIES LIMITED, -

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

ITA 817/CHANDI/2023[2014-15]Status: DisposedITAT Chandigarh25 Nov 2024AY 2014-15

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

Section 142(1)Section 143(2)Section 143(3)Section 246ASection 250(6)Section 253Section 263

30,134/-“ 2.17 The aforesaid assessment order of Ld. AO is dt. 30/12/2018. Proceedings before CIT(A) 3. The assessee being aggrieved by the aforesaid assessment order prefers first appeal in terms of Section 246A of the Act before CIT(A) who by the impugned order dt. 04/10/2023 has allowed the appeal of the assessee by placing reliance

DCIT CIRCLE-4, LUDHIANA, LUDHIANA vs. ROCKMAN INDUSTRIES LTD, LUDHIANA

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

ITA 748/CHANDI/2023[2010-11]Status: DisposedITAT Chandigarh25 Nov 2024AY 2010-11

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

Section 142(1)Section 143(2)Section 143(3)Section 246ASection 250(6)Section 253Section 263

30,134/-“ 2.17 The aforesaid assessment order of Ld. AO is dt. 30/12/2018. Proceedings before CIT(A) 3. The assessee being aggrieved by the aforesaid assessment order prefers first appeal in terms of Section 246A of the Act before CIT(A) who by the impugned order dt. 04/10/2023 has allowed the appeal of the assessee by placing reliance

DY. COMMISSIONER OF INCOME TAX, CIRCLE-4, LUDHIANA, AAYAKAR BHAWAN vs. ROCKMAN INDUSTRIES LIMITED, -

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

ITA 796/CHANDI/2023[2018-19]Status: DisposedITAT Chandigarh25 Nov 2024AY 2018-19

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

Section 142(1)Section 143(2)Section 143(3)Section 246ASection 250(6)Section 253Section 263

30,134/-“ 2.17 The aforesaid assessment order of Ld. AO is dt. 30/12/2018. Proceedings before CIT(A) 3. The assessee being aggrieved by the aforesaid assessment order prefers first appeal in terms of Section 246A of the Act before CIT(A) who by the impugned order dt. 04/10/2023 has allowed the appeal of the assessee by placing reliance

DY. COMMISSIONER OF INCOME TAX, CIRCLE-4,, AAYAKAR BHAWAN vs. ROCKMAN INDUSTRIES LIMITED, -

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

ITA 794/CHANDI/2023[2016-17]Status: DisposedITAT Chandigarh25 Nov 2024AY 2016-17

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

Section 142(1)Section 143(2)Section 143(3)Section 246ASection 250(6)Section 253Section 263

30,134/-“ 2.17 The aforesaid assessment order of Ld. AO is dt. 30/12/2018. Proceedings before CIT(A) 3. The assessee being aggrieved by the aforesaid assessment order prefers first appeal in terms of Section 246A of the Act before CIT(A) who by the impugned order dt. 04/10/2023 has allowed the appeal of the assessee by placing reliance

DY. COMMISSIONER OF INCOME TAX, CIRCLE-4, AAYAKAR BHAWAN vs. ROCKMAN INDUSTRIES LIMITED, -

In the result order of CIT(A) is sustained as passed and the appeal of the Revenue is partly allowed for statistical purposes

ITA 795/CHANDI/2023[2017-18]Status: DisposedITAT Chandigarh25 Nov 2024AY 2017-18

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

Section 142(1)Section 143(2)Section 143(3)Section 246ASection 250(6)Section 253Section 263

30,134/-“ 2.17 The aforesaid assessment order of Ld. AO is dt. 30/12/2018. Proceedings before CIT(A) 3. The assessee being aggrieved by the aforesaid assessment order prefers first appeal in terms of Section 246A of the Act before CIT(A) who by the impugned order dt. 04/10/2023 has allowed the appeal of the assessee by placing reliance

KANDI FRIENDS EDUCATIONAL TRUST,ROPAR vs. DEPUTY COMMISSION OF INCOME TAX, CL. 1, EXEMPTION, CHANDIGARH

In the result, both the appeals are allowed

ITA 798/CHANDI/2024[2015-16]Status: DisposedITAT Chandigarh15 Jul 2025AY 2015-16

Bench: Shri Rajpal Yadav & Shri Krinwant Sahay

For Respondent: Shri Manav Bansal, CIT DR
Section 11Section 12ASection 142(1)Section 143(2)Section 143(3)Section 2(15)

30,61,129/-) 1,07,39,814 and travelling and conveyance expense along with cost of vehicles (Rs. 76,78,685/-) Disallowance of Interest on Advances 13,90,153 Non-utilisation of accumulated Funds (AY 6,27,75,303 2010-11) Disallowance of Revenue Expenditure on AME 15,17,461 Course Disallowance of Donation 1,10,000 Depreciation disallowed

KANDI FRIENDS EDUCATIONAL TRUST,ROPAR vs. DEPUTY COMMISSIONER OF INCOME TAX, CHANDIGARH

In the result, both the appeals are allowed

ITA 797/CHANDI/2024[2014-15]Status: DisposedITAT Chandigarh15 Jul 2025AY 2014-15

Bench: Shri Rajpal Yadav & Shri Krinwant Sahay

For Respondent: Shri Manav Bansal, CIT DR
Section 11Section 12ASection 142(1)Section 143(2)Section 143(3)Section 2(15)

30,61,129/-) 1,07,39,814 and travelling and conveyance expense along with cost of vehicles (Rs. 76,78,685/-) Disallowance of Interest on Advances 13,90,153 Non-utilisation of accumulated Funds (AY 6,27,75,303 2010-11) Disallowance of Revenue Expenditure on AME 15,17,461 Course Disallowance of Donation 1,10,000 Depreciation disallowed

M/S STYLAM INDUSTRIES LTD.,CHANDIGARH vs. DCIT, C-1(1), CHANDIGARH

In the result, the Department’s appeal in for assessment year

ITA 960/CHANDI/2017[2013-14]Status: DisposedITAT Chandigarh04 Sept 2024AY 2013-14

Bench: SHRI A.D.JAIN (Vice President), SHRI VIKRAM SINGH YADAV (Accountant Member)

For Appellant: Shri Vineet Krishan, AdvocateFor Respondent: Shri Dharam Vir, JCIT, Sr.DR
Section 14ASection 195Section 40Section 40ASection 5(2)Section 6Section 9(1)

disallowance. ITA Nos. 1033 & 960/2017 & ITA Nos. 389 & 394/CHD/2019 30 35.3 Again, facts on this issue are the same for assessment years 2011-12, 2012-13, 2013-14 and 2014-15. So, for assessment year 2014-15 also, the AO is directed to ascertain the position of availability of the funds of the assessee exceeding the advances as alleged

DCIT, C-1(1), CHANDIGARH vs. M/S STYLAM INDUSTRIES LTD., CHANDIGARH

In the result, the Department’s appeal in for assessment year

ITA 1033/CHANDI/2017[2013-14]Status: DisposedITAT Chandigarh04 Sept 2024AY 2013-14

Bench: SHRI A.D.JAIN (Vice President), SHRI VIKRAM SINGH YADAV (Accountant Member)

For Appellant: Shri Vineet Krishan, AdvocateFor Respondent: Shri Dharam Vir, JCIT, Sr.DR
Section 14ASection 195Section 40Section 40ASection 5(2)Section 6Section 9(1)

disallowance. ITA Nos. 1033 & 960/2017 & ITA Nos. 389 & 394/CHD/2019 30 35.3 Again, facts on this issue are the same for assessment years 2011-12, 2012-13, 2013-14 and 2014-15. So, for assessment year 2014-15 also, the AO is directed to ascertain the position of availability of the funds of the assessee exceeding the advances as alleged