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104 results for “section 68”+ Section 86clear

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Key Topics

Section 250108Addition to Income35Section 153C28Section 143(3)27Section 153A20Section 13215Reassessment14Section 6812Cash Deposit12Section 148

BHIMA JEWELLERS,SULTHAN BATHERY, WAYANAD vs. THE PR CIT, KOZHIKKODE, KOZHIKKODE

In the result, appeal of the assessee is dismissed

ITA 208/COCH/2018[2013-14]Status: DisposedITAT Cochin17 Aug 2018AY 2013-14

Bench: S/Shri Chandra Poojari, Am & George George K., Jm I.T.A. No.208/Coch/2018 Assessment Year : 2013-14 M/S. Bhima Jewellers, Vs. The Pr. Commissioner Of Income- 6/785 Ai, Tax, Kozhikode. Mysore Road, Chungum Junction, Sulthan Bathery, Wayanad-673 592. [Pan: Aakfb 9817C] (Assessee-Appellant) (Revenue-Respondent) Revenue By Shri Dhanaraj A. Sr. Dr Assessee By Shri R. Krishnan, Ca Date Of Hearing 05/07/2018 Date Of Pronouncement 20/08/2018

Section 115BSection 14Section 143(3)Section 263Section 68Section 69Section 69ASection 69BSection 69CSection 69D

Showing 1–20 of 104 · Page 1 of 6

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Section 26310

86,00,000/- in capital account and net loss of Rs.1,76,24,221/- was set off against this cash credit. ii) As per section 115BBE, where the total income of an assessee includes any income referred to in section 68

VRINDAVAN BUILDERS PVT LTD,NAGALAND vs. ACIT CENTRAL CIRCLE, KOLLAM

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

ITA 700/COCH/2024[2017-18]Status: DisposedITAT Cochin09 Jun 2025AY 2017-18

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

For Appellant: Shri S.K. Tulsiyan, AdvocateFor Respondent: Shri Suresh Sivanandan, CIT-DR
Section 132Section 143(3)Section 148

86,50,500/-. However, based on the finding given by the ITAT in the case Shri Rajendran Pillai, the CIT(A) confirmed the addition in respect of loan received from other parties to the extent of Rs. 23,00,000/- and also confirmed the addition on account of unexplained cash deposit 5 ITA 695 to 700 & 732 to 736/Coch/2024 Vrindavan

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM, KOLLAM vs. VRINDAVAN BUILDERS PRIVATE LIMITED, PATHANAMTHITTA

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

ITA 736/COCH/2024[2017-18]Status: DisposedITAT Cochin09 Jun 2025AY 2017-18

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

For Appellant: Shri S.K. Tulsiyan, AdvocateFor Respondent: Shri Suresh Sivanandan, CIT-DR
Section 132Section 143(3)Section 148

86,50,500/-. However, based on the finding given by the ITAT in the case Shri Rajendran Pillai, the CIT(A) confirmed the addition in respect of loan received from other parties to the extent of Rs. 23,00,000/- and also confirmed the addition on account of unexplained cash deposit 5 ITA 695 to 700 & 732 to 736/Coch/2024 Vrindavan

VRINDAVAN BUILDERS PVT LTD,NAGALAND vs. ACIT CENTRAL CIRCLE, KOLLAM

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

ITA 697/COCH/2024[2014-15]Status: DisposedITAT Cochin09 Jun 2025AY 2014-15

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

For Appellant: Shri S.K. Tulsiyan, AdvocateFor Respondent: Shri Suresh Sivanandan, CIT-DR
Section 132Section 143(3)Section 148

86,50,500/-. However, based on the finding given by the ITAT in the case Shri Rajendran Pillai, the CIT(A) confirmed the addition in respect of loan received from other parties to the extent of Rs. 23,00,000/- and also confirmed the addition on account of unexplained cash deposit 5 ITA 695 to 700 & 732 to 736/Coch/2024 Vrindavan

VRINDAVAN BUILDERS PVT LTD,NAGALAND vs. ACIT CENTRAL CIRCLE, KOLLAM

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

ITA 698/COCH/2024[2015-16]Status: DisposedITAT Cochin09 Jun 2025AY 2015-16

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

For Appellant: Shri S.K. Tulsiyan, AdvocateFor Respondent: Shri Suresh Sivanandan, CIT-DR
Section 132Section 143(3)Section 148

86,50,500/-. However, based on the finding given by the ITAT in the case Shri Rajendran Pillai, the CIT(A) confirmed the addition in respect of loan received from other parties to the extent of Rs. 23,00,000/- and also confirmed the addition on account of unexplained cash deposit 5 ITA 695 to 700 & 732 to 736/Coch/2024 Vrindavan

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM, KOLLAM vs. VRINDAVAN BUILDERS PRIVATE LIMITED, PATHANAMTHITTA

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

ITA 735/COCH/2024[2016-17]Status: DisposedITAT Cochin09 Jun 2025AY 2016-17

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

For Appellant: Shri S.K. Tulsiyan, AdvocateFor Respondent: Shri Suresh Sivanandan, CIT-DR
Section 132Section 143(3)Section 148

86,50,500/-. However, based on the finding given by the ITAT in the case Shri Rajendran Pillai, the CIT(A) confirmed the addition in respect of loan received from other parties to the extent of Rs. 23,00,000/- and also confirmed the addition on account of unexplained cash deposit 5 ITA 695 to 700 & 732 to 736/Coch/2024 Vrindavan

VRINDAVAN BUILDERS PVT KTD,NAGALAND vs. ACIT CENTRAL CIRCLE, KOLLAM

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

ITA 696/COCH/2024[2013-14]Status: DisposedITAT Cochin09 Jun 2025AY 2013-14

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

For Appellant: Shri S.K. Tulsiyan, AdvocateFor Respondent: Shri Suresh Sivanandan, CIT-DR
Section 132Section 143(3)Section 148

86,50,500/-. However, based on the finding given by the ITAT in the case Shri Rajendran Pillai, the CIT(A) confirmed the addition in respect of loan received from other parties to the extent of Rs. 23,00,000/- and also confirmed the addition on account of unexplained cash deposit 5 ITA 695 to 700 & 732 to 736/Coch/2024 Vrindavan

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM, KOLLAM vs. VRINDAVAN BUILDERS PRIVATE LIMITED, KERALA

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

ITA 732/COCH/2024[2013-14]Status: DisposedITAT Cochin09 Jun 2025AY 2013-14

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

For Appellant: Shri S.K. Tulsiyan, AdvocateFor Respondent: Shri Suresh Sivanandan, CIT-DR
Section 132Section 143(3)Section 148

86,50,500/-. However, based on the finding given by the ITAT in the case Shri Rajendran Pillai, the CIT(A) confirmed the addition in respect of loan received from other parties to the extent of Rs. 23,00,000/- and also confirmed the addition on account of unexplained cash deposit 5 ITA 695 to 700 & 732 to 736/Coch/2024 Vrindavan

VRINDAVAN BHAVAN PVT LTD,NAGALAND vs. ACIT CENTRAL CIRCLE, KOLLAM

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

ITA 699/COCH/2024[2016-17]Status: DisposedITAT Cochin09 Jun 2025AY 2016-17

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

For Appellant: Shri S.K. Tulsiyan, AdvocateFor Respondent: Shri Suresh Sivanandan, CIT-DR
Section 132Section 143(3)Section 148

86,50,500/-. However, based on the finding given by the ITAT in the case Shri Rajendran Pillai, the CIT(A) confirmed the addition in respect of loan received from other parties to the extent of Rs. 23,00,000/- and also confirmed the addition on account of unexplained cash deposit 5 ITA 695 to 700 & 732 to 736/Coch/2024 Vrindavan

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM, KOLLAM vs. VRINDAVAN BUILDERS PRIVATE LIMITED, PATHANAMTHITTA

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

ITA 734/COCH/2024[2015-16]Status: DisposedITAT Cochin09 Jun 2025AY 2015-16

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

For Appellant: Shri S.K. Tulsiyan, AdvocateFor Respondent: Shri Suresh Sivanandan, CIT-DR
Section 132Section 143(3)Section 148

86,50,500/-. However, based on the finding given by the ITAT in the case Shri Rajendran Pillai, the CIT(A) confirmed the addition in respect of loan received from other parties to the extent of Rs. 23,00,000/- and also confirmed the addition on account of unexplained cash deposit 5 ITA 695 to 700 & 732 to 736/Coch/2024 Vrindavan

VRINDAVAN BUILDERS PVT LTD,NAGALAND vs. ACIT, CENTRAL CIRCLE, KOLLAM

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

ITA 695/COCH/2024[2012-13]Status: DisposedITAT Cochin09 Jun 2025AY 2012-13

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

For Appellant: Shri S.K. Tulsiyan, AdvocateFor Respondent: Shri Suresh Sivanandan, CIT-DR
Section 132Section 143(3)Section 148

86,50,500/-. However, based on the finding given by the ITAT in the case Shri Rajendran Pillai, the CIT(A) confirmed the addition in respect of loan received from other parties to the extent of Rs. 23,00,000/- and also confirmed the addition on account of unexplained cash deposit 5 ITA 695 to 700 & 732 to 736/Coch/2024 Vrindavan

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, KOLLAM, KERALA vs. VRINDAVAN BUILDERS PRIVATE LIMITED, PATHANAMTHITTA

In the result, the appeals filed by the assessee for assessment years 2012-13 to 2017-18 are allowed and the appeals filed by Revenue for assessment years 2013-14 to 2017-18 are dismissed

ITA 733/COCH/2024[2014-15]Status: DisposedITAT Cochin09 Jun 2025AY 2014-15

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm

For Appellant: Shri S.K. Tulsiyan, AdvocateFor Respondent: Shri Suresh Sivanandan, CIT-DR
Section 132Section 143(3)Section 148

86,50,500/-. However, based on the finding given by the ITAT in the case Shri Rajendran Pillai, the CIT(A) confirmed the addition in respect of loan received from other parties to the extent of Rs. 23,00,000/- and also confirmed the addition on account of unexplained cash deposit 5 ITA 695 to 700 & 732 to 736/Coch/2024 Vrindavan

THE ACIT, TRIVANDRUM vs. M/S. KILLI CONSTRUCTIONS, TRIVANDRUM

In the result, the appeals filed by the Revenue, the appeal filed by the

ITA 299/COCH/2016[2007-08]Status: DisposedITAT Cochin29 Jan 2018AY 2007-08

Bench: S/Shri Chandra Poojari , Am & George George K., Jm

Section 68

section 68 for the following reasons, 1. The appellant has taken two different stands i.e. the one during the course of reassessment proceedings stating that it was a loan availed and another one during the course of appeal hearing stating the same as paid towards allotment of 1000 sq. ft. space in the “Killi Towers” to be constructed

THE ACIT, TRIVANDRUM vs. M/S. KILLI CONSTRUCTIONS, TRIVANDRUM

In the result, the appeals filed by the Revenue, the appeal filed by the

ITA 298/COCH/2016[2006-07]Status: DisposedITAT Cochin29 Jan 2018AY 2006-07

Bench: S/Shri Chandra Poojari , Am & George George K., Jm

Section 68

section 68 for the following reasons, 1. The appellant has taken two different stands i.e. the one during the course of reassessment proceedings stating that it was a loan availed and another one during the course of appeal hearing stating the same as paid towards allotment of 1000 sq. ft. space in the “Killi Towers” to be constructed

M/S.KILLI CONSTRUCTIONS,TRIVANDRUM vs. THE DCIT, TRIVANDRUM

In the result, the appeals filed by the Revenue, the appeal filed by the

ITA 369/COCH/2016[2005-06]Status: DisposedITAT Cochin29 Jan 2018AY 2005-06

Bench: S/Shri Chandra Poojari , Am & George George K., Jm

Section 68

section 68 for the following reasons, 1. The appellant has taken two different stands i.e. the one during the course of reassessment proceedings stating that it was a loan availed and another one during the course of appeal hearing stating the same as paid towards allotment of 1000 sq. ft. space in the “Killi Towers” to be constructed

THE ITO, WD-1(1), KOCHI vs. SHRI.P.V.ABRAHAM, KOCHI

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

ITA 508/COCH/2018[2013-14]Status: DisposedITAT Cochin06 Feb 2019AY 2013-14

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

Section 91

86,598/-. I.T.A. No./508/Coch/2018 5. Against this the Revenue is in appeal before us. The Ld. DR tried to justify the order of the Assessing Officer on the issue and submitted that the onus lies solely on the assessee to establish the source of deposits in the Banks which the assessee has failed to establish and hence, the addition

THE DCIT, COCHIN vs. M/S.FRIDGEHOUSE RETAIL P. LTD, COCHIN

In the result, the Revenue’s appeal is dismissed

ITA 81/COCH/2017[2012-13]Status: DisposedITAT Cochin11 Aug 2023AY 2012-13

Bench: Shri Sanjay Arora, Am & Shri Aby T. Varkey, Jm

For Appellant: Smt.J.M.Jamuna Devi, Sr.ARFor Respondent: Sri.K.Sankaranarayanan, CA
Section 143(3)Section 68

section 68 of the Income Tax Act as the explanation offered by assessee company is not satisfactory.” The ld. CIT(A), in first appeal, examined the matter at length. All that the AO was, in his view, required to do was to see whether there had been a revaluation of assets and liabilities taken-over, or otherwise any adjustment

THE ITO,, ALAPPUZHA vs. M/S.EXTRAWEAVE P. LTD, ALAPPUZHA

In the result, the appeal filed by the Revenue is partly allowed

ITA 448/COCH/2016[2010-11]Status: DisposedITAT Cochin24 Jun 2022AY 2010-11

Bench: Shri George George K. & Shri Laxmi Prasad Sahum/S. Extraweave Pvt. Ltd. Arattukulangara Complex 264B/Cmc 1 Vs. A.N. Puram, Alapuzha 688011 Sakteeswara Junction Cherthala 688524 Pan – Aabce5438L Appellant Respondent

For Appellant: Shri R. Krishan, CAFor Respondent: Smt. J.M. Jamuna Devi, Sr. D.R
Section 10BSection 10B(3)Section 143(2)Section 195Section 195(6)Section 40

68,30,684 9 M/s. Extraweave Pvt. Ltd. In this regard the assessee submitted that the profit from the exempted unit is to be calculated on standalone basis and details were submitted. The AO after considering the submissions of the assessee not agreed to not to set off losses from profit of the eligible unit under Section

SRI.PELEXY K. VARGHESE,MUVATTUPUZHA vs. THE DCIT, COCHIN

In the result, the appeals filed by the assessee in ITA Nos

ITA 274/COCH/2016[2010-11]Status: DisposedITAT Cochin30 Apr 2019AY 2010-11

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

Section 132Section 153ASection 153CSection 153C(1)

68,610 2010-11 7,69,907 43,55,030 2011-12 78,06,250 3,58,86,650 2012-13 6,09,810 40,62,000 3.4 It was submitted that regular assessments for these years have acquired finality and were not pending as on the date of search. It was submitted that the 3 I.T.A. Nos.270 to 276/Coch/2016

SRI.PELEXY K. VARGHESE,MUVATTUPUZHA vs. THE DCIT, COCHIN

In the result, the appeals filed by the assessee in ITA Nos

ITA 275/COCH/2016[2011-12]Status: DisposedITAT Cochin30 Apr 2019AY 2011-12

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

Section 132Section 153ASection 153CSection 153C(1)

68,610 2010-11 7,69,907 43,55,030 2011-12 78,06,250 3,58,86,650 2012-13 6,09,810 40,62,000 3.4 It was submitted that regular assessments for these years have acquired finality and were not pending as on the date of search. It was submitted that the 3 I.T.A. Nos.270 to 276/Coch/2016