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5 results for “TDS”+ Section 140A(3)clear

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Key Topics

Section 244A13Section 4512Section 234A9Section 234D4Section 1543Section 372Section 36(1)(iii)2Section 140A2Deduction2Penalty

BRAKES INDIA LIMITED,,CHENNAI vs. DCIT (LTU), CHENNAI

In the result, appeal filed by the assessee is dismissed

ITA 758/CHNY/2012[2002-03]Status: DisposedITAT Chennai23 Feb 2022AY 2002-03

Bench: Shri V. Durga Rao & Shri G. Manjunathaआयकरअपीलसं./I.T.A.No.758/Chny/2012 ("नधा"रणवष" / Assessment Year: 2002-03) M/S. Brakes India Ltd. Vs Deputy Commissioner Of Income Tax, (Ltu) Padi, Chennai-600 101. Chennai-600 050. Pan: Aaacb 2533Q (अपीलाथ"/Appellant) (""यथ"/Respondent)

Section 140ASection 143(3)Section 244A

3) of the Income Tax Act, 1961, on 28.02.2005 and determined total income at Rs.24,22,39,334/- and tax payable at Rs.83,07,846/-. The 4 assessee carried the matter in appeal before the first appellate authority and challenged computation of interest payable u/s.244A of the Income Tax Act, 1961, in light of decision of the Hon'ble Supreme

GVR ASHOKA CHENNAI CORR LIMITED,CHENNAI vs. ADIT, BENGALURU

In the result, the appeal of the assessee is allowed

2
Disallowance2
Addition to Income2
ITA 2621/CHNY/2025[2021-22]Status: DisposedITAT Chennai10 Dec 2025AY 2021-22

Bench: Shri Manu Kumar Giri & Shri S.R.Raghunatha

For Appellant: Mr. Dharan V. Gandhi, ARFor Respondent: 20.11.2025
Section 140A(1)Section 143(1)Section 234A

TDS was subsequently rectified, CPC continued to levy interest under section 234A up to March 2022, which the assessee disputed. 3. The ld.CIT(A) upheld the levy on the basis of Explanation to section 140A

SHRIRAM TRANSPORT FINANCE CO. LTD.,CHENNAI vs. DCIT, CHENNAI

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

ITA 454/CHNY/2016[2012-2013]Status: DisposedITAT Chennai24 Aug 2016AY 2012-2013

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamony

For Appellant: Shri R. Sivaraman, AdvocateFor Respondent: Dr. U. Anjaneyalu, CIT
Section 234DSection 36(1)(iii)Section 37Section 45

3,48,13,498/-. 7. Shri R. Sivaraman, the Ld.counsel for the assessee, submitted that the Department charged interest on the refund made to the assessee. This interest charged by the Revenue under Section 234D of the Act was claimed as deduction under Section 37 5 I.T.A. No.454/Mds/16 I.T.A. No.728/Mds/16 of the Act, otherwise the interest is an allowable expenditure

DCIT, CHENNAI vs. SHRIRAM TRANSPORT FINANCE CO. LTD., CHENNAI

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

ITA 728/CHNY/2016[2012-13]Status: DisposedITAT Chennai24 Aug 2016AY 2012-13

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamony

For Appellant: Shri R. Sivaraman, AdvocateFor Respondent: Dr. U. Anjaneyalu, CIT
Section 234DSection 36(1)(iii)Section 37Section 45

3,48,13,498/-. 7. Shri R. Sivaraman, the Ld.counsel for the assessee, submitted that the Department charged interest on the refund made to the assessee. This interest charged by the Revenue under Section 234D of the Act was claimed as deduction under Section 37 5 I.T.A. No.454/Mds/16 I.T.A. No.728/Mds/16 of the Act, otherwise the interest is an allowable expenditure

ACIT, CHENNAI vs. SHRI NACHIMUTHU PALANISWAMY, CHENNAI

The appeal stands dismissed

ITA 1032/CHNY/2022[2010-2011]Status: DisposedITAT Chennai16 May 2023AY 2010-2011

Bench: Hon’Ble Shri Mahavir Singh, Vp & Hon’Ble Shri Manoj Kumar Aggarwal, Am आयकरअपील सं./ Ita No.1032/Chny/2022 (िनधा*रण वष* / Assessment Year: 2010-11) Acit Shri Nachimuthu Palaniswamy, बनाम/ Central Circle-3(3), 82, Cathedral Road, Vs. Chennai. Gopalapuram, Chennai-600 086. "थायीलेखासं./जीआइआरसं./Pan/Gir No. Adopp-9910-F (अपीलाथ"/Appellant) : (" थ" / Respondent) अपीलाथ"कीओरसे/ Appellant By : Shri D. Hema Bhupal (Jcit)-Ld. Sr. Dr " थ"कीओरसे/Respondent By : Shri Y.Sridhar (Fca) -Ld. Ar सुनवाईकीतारीख/Date Of Hearing : 16-05-2023 घोषणाकीतारीख /Date Of Pronouncement : 16-05-2023 आदेश / O R D E R

For Appellant: Shri D. Hema Bhupal (JCIT)-Ld. Sr. DRFor Respondent: Shri Y.Sridhar (FCA) -Ld. AR
Section 153ASection 154Section 244(1)(aa)Section 244A

3 s.115WD or s.115WH or s. 139 or s. 142 or s. 148 or s. 153A, as the case may be, the assessee shall be liable to pay such tax together with interest payable under any provision of this Act for any delay in furnishing the return makes it clear that there is no difference between (i) the tax paid