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5 results for “transfer pricing”+ Section 12Aclear

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Key Topics

Section 2(15)22Section 26311Section 118Section 11(4)6Section 143(3)5Section 12A5Exemption5Section 40A(7)3Section 82

MALANADU MILK PRODUCERS SOCIETY,KOTTAYAM vs. DCIT, EXEMPTION, TVM, THIRUVANANTHAPURAM

The appeals of the assessees are allowed

ITA 633/COCH/2022[2017-2018]Status: DisposedITAT Cochin08 Mar 2023AY 2017-2018

Bench: Shri George George K. & Ms. Padmavathy S.

For Appellant: Shri Jose Kappan, CAFor Respondent: Shri Prashant V.K., CIT(DR)
Section 11Section 12ASection 143(1)Section 143(2)Section 2(15)Section 263

12A of the Act. The assessee filed return of income for AY 2017-18 on 31.10.2017 returning NIL income. The case was selected for scrutiny under CASS and notice u/s 143(2) was duly served on the assessee. The AO called for various details and based on the same completed the assessment accepting the income returned by the assessee. Subsequently

MALANADU FARMERS SOCIETY ,KOTTAYAM vs. DCIT EXEMPTIONS, TVM, THIRUVANANTHAPURAM

The appeals of the assessees are allowed

ITA 632/COCH/2022[2017-2018]Status: DisposedITAT Cochin08 Mar 2023AY 2017-2018

Bench: Shri George George K. & Ms. Padmavathy S.

For Appellant: Shri Jose Kappan, CAFor Respondent: Shri Prashant V.K., CIT(DR)
Section 11Section 12ASection 143(1)Section 143(2)Section 2(15)Section 263

12A of the Act. The assessee filed return of income for AY 2017-18 on 31.10.2017 returning NIL income. The case was selected for scrutiny under CASS and notice u/s 143(2) was duly served on the assessee. The AO called for various details and based on the same completed the assessment accepting the income returned by the assessee. Subsequently

M/S.MALANKARA ORTHODOX SYRIAN CHURCH MEDICAL MISSION HOSPITAL,COCHIN vs. THE DY DIT (EXEMPTION), COCHIN

In the result, the appeal filed by the assessee is allowed

ITA 127/COCH/2016[2011-12]Status: DisposedITAT Cochin16 Mar 2017AY 2011-12

Bench: S/Shri Abraham P George, Am & George George K, Jm Malankara Orthodox Syrian Church Vs The Dy Director Of Income Tax Medical Mission Hospital (Exemption) Kolencherry 682 311 Kochi ( Appellant) (Respondent)

Section 11Section 11(4)Section 12ASection 143(3)Section 263Section 40A(7)Section 47A(7)

12A of the I T Act 1961. The assessee is running a hospital and a medical college. For the assessment year 2011-12, return of income was filed on 30.9.2011 declaring a total income at ‘nil’. In the tax computation statement, the assessee had shown excess utilization for charity of Rs. 16,32,17,532/-. The assessment

BIOWIN AGRO RESEARCH,MANANTHAWADY vs. INCOME TAX OFFICER, KOZHIKODE

In the result, the assessee’s appeals are dismissed

ITA 2/COCH/2022[2017-2018]Status: DisposedITAT Cochin24 Feb 2023AY 2017-2018

Bench: Shri Sanjay Arora, Hon’Ble & Shri Sandeep Gosain, Hon'Ble

For Appellant: Ms. Krishna. K, AdvocateFor Respondent: Smt. J.M. Jamuna Devi, Sr. DR
Section 11Section 12ASection 143(3)Section 2(15)Section 25Section 8

section 143(3) of the Income Tax Act, 1961 (‘the Act’ hereinafter), vide orders dated 30/10/2021 & 08/11/2021 for the two consecutive years respectively 2. The issue arising in the instant case is the denial of exemption u/s. 11 of the Act to the assessee, a company formed and registered u/s. 8 of the Companies Act, 2013 (corresponding

BIOWIN AGRO RESEARCH,MANANTHAWADY vs. INCOME TAX OFFICER, KOZHIKODE

In the result, the assessee’s appeals are dismissed

ITA 3/COCH/2022[2018-2019]Status: DisposedITAT Cochin24 Feb 2023AY 2018-2019

Bench: Shri Sanjay Arora, Hon’Ble & Shri Sandeep Gosain, Hon'Ble

For Appellant: Ms. Krishna. K, AdvocateFor Respondent: Smt. J.M. Jamuna Devi, Sr. DR
Section 11Section 12ASection 143(3)Section 2(15)Section 25Section 8

section 143(3) of the Income Tax Act, 1961 (‘the Act’ hereinafter), vide orders dated 30/10/2021 & 08/11/2021 for the two consecutive years respectively 2. The issue arising in the instant case is the denial of exemption u/s. 11 of the Act to the assessee, a company formed and registered u/s. 8 of the Companies Act, 2013 (corresponding