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11 results for “disallowance”+ Section 36(1)(viia)clear

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Key Topics

Section 1034Section 43D10Section 143(1)8Section 271(1)(c)8Addition to Income8Section 2507Section 143(3)6Deduction6Section 1474

THE KANGRA CENTRAL COOPERATIVE BANK LIMITED,DHARAMSHALA vs. DEPUTY COMMISSIONER OF INCOME TAX, PALAMPUR

In the result, both the appeals of the assessee are allowed

ITA 804/CHANDI/2023[2012-13]Status: DisposedITAT Chandigarh28 Jan 2025AY 2012-13

Bench: SHRI. RAJPAL YADAV (Vice President), SHRI. VIKRAM SINGH YADAV (Accountant Member)

For Appellant: Shri Ashwani Kumar, C.AFor Respondent: Dr. Ranjit Kaur, Addl. CIT, Sr. DR
Section 143(3)Section 250Section 271(1)(c)Section 274Section 36(1)(viia)

section 36(1)(viia) of the Act and reference was drawn to para 7.1 of the impugned assessment order wherein the assessee bank was asked to explain as to “why the expenditure claimed on provision for NPA may not be disallowed

Section 36(1)(viia)4
Disallowance4
Penalty3

THE KANGRA CENTRAL COOPERATIVE BANK LIMITED,DHARAMSHALA vs. DEPUTY COMMISSIONER OF INCOME TAX, PALAMPUR

In the result, both the appeals of the assessee are allowed

ITA 805/CHANDI/2023[2013-14]Status: DisposedITAT Chandigarh28 Jan 2025AY 2013-14
For Respondent: \nShri Ashwani Kumar, C.A
Section 143(3)Section 250Section 271(1)(c)Section 274Section 36(1)(viia)

section 36(1)(viia) of the Act and\nreference was drawn to para 7.1 of the impugned assessment order wherein the\nassessee bank was asked to explain as to “why the expenditure claimed on\nprovision for NPA may not be disallowed

PUNJAB STATE COOP. BANK LTD.,CHANDIGARH vs. ACIT, CL-2(1), CHANDIGARH

In the result the impugned order of Ld

ITA 293/CHANDI/2023[2013-14]Status: DisposedITAT Chandigarh21 Aug 2024AY 2013-14

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

For Appellant: Shri Atul Goyal, C.AFor Respondent: Shri Dharam Vir, JCIT, Sr. DR
Section 143(1)Section 143(2)Section 250Section 253Section 80P(2)(a)

36(1)(viia) of the Income Tax Act 1961the provisions so created in the books of the assessee is restricted to 7.5% or 10%of the Net profit of the assessee before making such provision in the books. The assessee banking society launched an OTS (One Time Settlement) scheme. The borrowers who availed the scheme deposited an amount

ITO, WARD, PALAMPUR vs. THE KANGRA CENTRAL COOPERATIVE BANK LIMITED, KANGRA

In the result, the present appeal of the Revenue is dismissed

ITA 31/CHANDI/2023[2008-09]Status: DisposedITAT Chandigarh31 May 2024AY 2008-09

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

For Appellant: Shri Ashwani Kumar, CA and Ms. Deepali Aggarwal, CAFor Respondent: Smt. Kusum Bansal, CIT, DR
Section 143(1)Section 147Section 148Section 250Section 253Section 36(1)(viia)Section 43Section 43D

disallowance of Rs. 1,50,59,926/- on account of section 36(1)(viia) of the Income Tax Act' 1961. The disallowance

ITO, WARD, PALAMPUR vs. THE KANGRA CENTRAL COOPERATIVE BANK LIMITED, KANGRA

In the result, the present appeal of the Revenue is dismissed

ITA 32/CHANDI/2023[2017-18]Status: DisposedITAT Chandigarh31 May 2024AY 2017-18

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

For Appellant: Shri Ashwani Kumar, CA and Ms. Deepali Aggarwal, CAFor Respondent: Smt. Kusum Bansal, CIT, DR
Section 143(1)Section 147Section 148Section 250Section 253Section 36(1)(viia)Section 43Section 43D

disallowance of Rs. 1,50,59,926/- on account of section 36(1)(viia) of the Income Tax Act' 1961. The disallowance

NIRMALA RANI L/H OF SH. AZAD SINGH,PINJORE vs. ITO, WARD -1, , PANCHKULA

In the result, Ground No. 2 of the assessee is allowed

ITA 452/CHANDI/2024[2017-18]Status: DisposedITAT Chandigarh26 Nov 2024AY 2017-18

Bench: The Appeal Is Finally Heard & Disposed Of.

For Appellant: Smt. Neelam Dhiman, CAFor Respondent: Dr. Ranjit Kaur, Addl. CIT, Sr. DR
Section 10Section 10(10)Section 25FSection 89(1)

36,646 - Rs. 6,08,695) received on forced retrenchment under VRS on closure of HMT Ltd (Tractor Division) being part of compensation announced in Central Govt. Cabinet Press Release, instead of exemption u/s 10(10) of the Income Tax Act. 4 That the appellant craves leave to add or amend the Grounds of appeal before the appeal is finally

DAYAL SINGH,VILL FATEHPUR PO BUREWALA vs. ITO WARD-1, PANCHKULA

In the result, the ground no

ITA 519/CHANDI/2024[AY 2017-2018]Status: DisposedITAT Chandigarh03 Dec 2024

Bench: Shri Sanjay Gargआयकर अपील सं./ Ita No. 519/Chd/2024 "नधा"रण वष" / Assessment Year : 2017-18 बनाम Dayal Singh, The Ito, Vill Fatehpur Ward -1, Po Burewala Panchkula Distt.Amabla 134204 "थायी लेखा सं./Pan No: Acdps7697G अपीलाथ"/Appellant ""यथ"/Respondent ( Physical Hearing ) "नधा"रती क" ओर से/Assessee By : Shri Y.R. Saini, Adv. राज"व क" ओर से/ Revenue By : Sh. Vivek Vardhan, Jcit सुनवाई क" तार"ख/Date Of Hearing : 11.11.2024 उदघोषणा क" तार"ख/Date Of Pronouncement : 03.12.2024 आदेश/Order The Present Appeal Has Been Preferred By The Assessee Against The Order Dated 20.03.2024 Passed By The Ld. Addl. / Jcit(A), National Faceless Appeal Centre (Nfac), Delhi, For The Assessment Year 2017-18. 2. The Assess Ee In This Appeal H As Taken Foll Owing Groun Ds Of Appeal: 1 That In The F Acts & Circumstance Of The Case The Id. Addl/Jcit (A)-9 Mumbai Of Cit (A)( Nfac) Has Erred In Law By Placing Reliance On Judgement Of Hon'Ble Apex Court In The Case Of Maji Sinneman Vs Reddy

For Appellant: Shri Y.R. Saini, AdvFor Respondent: Sh. Vivek Vardhan, JCIT
Section 10Section 143(2)Section 143(3)Section 270A

viia) an institution, having importance throughout India or in any State or States, as the Central Government may, by notification in the Official Gazette, specify in this behalf, or (viii) such institute of management as the Central Government may, by notification in the Official Gazette, specify in this behalf, at the time of his voluntary retirement or voluntary separation shall

SH. MARTIN EKKA S/O SH. LALSAY EKKA,PANCHKULA vs. ITO, WARD -1, PANCHKULA

In the result, the ground no

ITA 281/CHANDI/2023[2017-18]Status: DisposedITAT Chandigarh27 Mar 2024AY 2017-18

Bench: SH. SANJAY GARG (Judicial Member)

For Appellant: Smt. Neelam Dhiman, C.AFor Respondent: Shri Dharamvir, JCIT, Sr.DR
Section 10Section 143(1)

viia) an institution, having importance throughout India or in any State or States, as the Central Government may, by notification in the Official Gazette, specify in this behalf, or (viii) such institute of management as the Central Government may, by notification in the Official Gazette, specify in this behalf, at the time of his voluntary retirement or voluntary separation shall

NARESH KUMAR KAMBOJ,ZIRAKPUR vs. INCOME TAX OFFICER , PANCHKULA

In the result, the appeal of the assessee is allowed

ITA 337/CHANDI/2024[2017-18]Status: DisposedITAT Chandigarh12 Nov 2024AY 2017-18

Bench: Shri Sanjay Garg

For Appellant: Shri Mukesh Pandey, AdvocateFor Respondent: Dr. Ranjeet Kaur, Sr. DR
Section 10Section 143(1)

viia) an institution, having importance throughout India or in any State or States, as the Central Government may, by notification in the Official Gazette, specify in this behalf, or (viii) such institute of management as the Central Government may, by notification in the Official Gazette, specify in this behalf, at the time of his voluntary retirement or voluntary separation shall

SATINDER PAUL THROUGH L/H NEELAM SAINI,PINJORE vs. INCOME TAX OFFICER, PANCHKULA

In the result, the ground no

ITA 136/CHANDI/2025[2017-18]Status: DisposedITAT Chandigarh30 Oct 2025AY 2017-18

Bench: SH. SANJAY GARG (Judicial Member)

For Appellant: Smt. Neelam Dhiman, C.AFor Respondent: Dr. Ranjit Kaur, Addl. CIT, Sr.DR
Section 10Section 10(10)Section 143(1)

viia) an institution, having importance throughout India or in any State or States, as the Central Government may, by notification in the Official Gazette, specify in this behalf, or (viii) such institute of management as the Central Government may, by notification in the Official Gazette, specify in this behalf, at the time of his voluntary retirement or voluntary separation shall

SH. SOHAN LAL,PINJORE vs. ITO, WARD -3, PANCHKULA

In the result, the appeal of the assessee is partly allowed

ITA 286/CHANDI/2024[2017-18]Status: DisposedITAT Chandigarh28 Aug 2024AY 2017-18

Bench: SHRI. AAKASH DEEP JAIN (Vice President), SHRI. VIKRAM SINGH YADAV (Accountant Member)

For Appellant: Smt. Neelam Dhiman, C.AFor Respondent: Shri Vivek Vardhan, JCIT, Sr. DR
Section 10Section 10(10)Section 25F

36,65,220 – Rs. 5,00,000) received on forced retrenchment under VRS on closure of HMT Ltd (Tractor Division), instead of exemption u/s 10(10C)of the Income Tax Act wherever there is no bar on appellate authorities to consider the additional claim of assessee. Additional Grounds 3 Difference of Gratuity compensation at 2007 and 1997 scales amounting