Search: disallowance | BharatTax

Search ITAT High Courts Supreme Court Phrases AI Research History

Filters

Sort by

Assessment Year

Order Date From

Order Date To

Judge Name

BharatTax.net

Free search engine for ITAT (Income Tax Appellate Tribunal) judgments across all 28 benches in India.

Quick Links

Search Judgments
Browse by Bench
Recent Judgments

About

BharatTax provides free access to Income Tax Appellate Tribunal orders for legal research and reference.

© 2026 BharatTax.net. All rights reserved.

5 results for “disallowance”+ Section 54Bclear

Sorted by relevance

Delhi53 Pune25 Ahmedabad22 Indore20 Mumbai18 Bangalore17 Surat16 Jaipur13 Chennai12 Raipur10 Rajkot6 Hyderabad5 Nagpur5 Chandigarh5 Kolkata3 Agra2 Amritsar2 Cuttack2 Jabalpur2 Jodhpur2 Patna1 Karnataka1 Dehradun1 SC1 Cochin1 Varanasi1 Visakhapatnam1

Key Topics

Section 143(3)8 Section 54B7 Section 2636 Section 1485 Addition to Income4 Section 1473 Capital Gains3 Deduction3 Section 143(2)2 Section 54

HARJINDER SINGH,DERABASSI vs. INCOME TAX OFFICER, CHANDIGARH

In the result, appeal of the Assessee is allowed for statistical purposes

ITA 795/CHANDI/2025[2012-13]Status: DisposedITAT Chandigarh09 Mar 2026AY 2012-13

Bench: SHRI. RAJ PAL YADAV (Vice President), SHRI. KRINWANT SAHAY (Accountant Member)

For Appellant: Shri Vinayak Malhotra, C.A (Virtual)For Respondent: Shri Vivek Vardhan, Addl. CIT, Sr. DR

Section 143(3)Section 147Section 148Section 54BSection 56(2)(x)

disallowed the exemption under section 54B and made an addition of Rs.86,61,250/- as long-term capital gain. Further

2

SHRI PRINCEPREETJIT SINGH,RANJIT NAGAR vs. PR.CIT-1, CHANDIGARH

In the result, appeal of the assessee is allowed

ITA 54/CHANDI/2021[2015-16]Status: DisposedITAT Chandigarh21 Apr 2025AY 2015-16

Bench: SHRI. RAJPAL YADAV (Vice President), SHRI. KRINWANT SAHAY (Accountant Member)

For Appellant: Shri Parikshit Aggarwal, C.AFor Respondent: Shri Chandrajit Singh, CIT, DR(Virtual)

Section 143(3)Section 263Section 54BSection 54F

sections are identical—ensuring that where capital gains are reinvested in qualifying assets, the benefit of exemption should be granted, even if such reinvestment occurs before formal execution of the transfer deed. This interpretation has received judicial recognition in multiple cases, including:  DCIT v Assa Singh in ITA No. 26/Asr/2015 dated 11.3.2016, ITAT Amritsar.  Ramesh Narhari Jakhadi

CEIGALL INDIA LIMITED, LUDHIANA,LUDHIANA vs. PRINCIPAL COMMISSIONER OF INCOME TAX, LUDHIANA, LUDHIANA

In the result, the appeal of the assessee stands allowed

ITA 540/CHANDI/2025[2020-21]Status: DisposedITAT Chandigarh13 Oct 2025AY 2020-21

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

For Appellant: Shri Sudhir Sehgal, AdvocateFor Respondent: Smt. Tarundeep Kaur, CIT, DR(Virtual)

Section 143(2)Section 143(3)Section 263

disallowances which an assessee feels aggrieved with. (* emphasis added by us). 20. Thus, in view of the above discussion the twin conditions as enunciated under section 263 cannot be said to have been fulfilled. Thus, the order passed by ld PCIT under section 263 failed in our legal scrutiny, hence order dated 21.02.2022 is set aside." 19. From the above

S.SURJIT SINGH,LUDHIANA vs. PR.CIT-1, LUDHIANA

In the result, appeal of the Assessee is allowed

ITA 118/CHANDI/2021[2012-13]Status: DisposedITAT Chandigarh17 Nov 2022AY 2012-13

Bench: Smt.Diva Singh & Shri Vikram Singh Yadav

For Appellant: Shri Parikshit Aggarwal, CAFor Respondent: Shri Sarabjeet Singh, CIT, DR

Section 143(2)Section 147Section 148Section 263Section 54

section 54B allows exemption of capital gains earned on sale of agricultural land which is reinvested in purchase of agricultural land. And as per his own admission this denial of claim of exemption of capital gains on account of investment in agricultural land was to be given effect in subsequent year i.e. assessment year 2018-19 when the amount parked

BAHADUR SINGH ,ZIRAKPUR vs. ITO WARD 3(5), CHANDIGARH

In the result, appeal of the Assesee is allowed for statistical purposes

ITA 706/CHANDI/2023[2012-13]Status: DisposedITAT Chandigarh02 Apr 2025AY 2012-13

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

For Appellant: Shri Ajay Jain, C.AFor Respondent: Shri Vivek Vardhan, Addl. CIT, Sr. DR

Section 143(3)Section 148Section 54B

disallowance of Rs. 10.29,233 u/s 54B 5. Briefly the facts of the case are that is an agriculturist and not filed return for A.Y 2012-13. The AO had information that the assessee, who had one-half share in land measuring 29 Bigha 14 Biswa, had entered into an agreement with Sh. Baldev Chand Bansal, Director M/s BCL Homes