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14 results for “disallowance”+ Section 2(24)(viia)clear

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Key Topics

Section 801A63Section 194A15Deduction14Addition to Income13Disallowance12Section 4010Section 194A(3)10Section 153A7Section 807Section 194C

CUTTACK CENTRAL COOPERATIVE BANK LIMITED,CUTTACK vs. PRINCIPAL CIT, CUTTACK

In the result, appeal of the assessee is dismissed

ITA 184/CTK/2019[2014-15]Status: DisposedITAT Cuttack21 Jan 2021AY 2014-15

Bench: Shri Chandra Mohan Garg & Laxmi Prasad Sahuassessment Year : 2014-15

For Appellant: Shri N.R.Biswal, ARFor Respondent: Shri M.K.Gautam, CIT, DR
Section 143(3)Section 263Section 263(1)Section 36(1)(via)Section 36(1)(vii)Section 36(2)

disallowed P a g e 9 | 25 ITA No.1 84/CTK/201 9 Assessm ent Y ear : 20 14- 15 and added back to the total income of the assessee in the light of provisions of section 36(1)(vii) and its first proviso together with its Explanation-2 read with sections 36(1)(via) and 36(2) of the Income

7
Exemption5
TDS5

INCOME TAX OFFICER, BARIPADA vs. MAYURBHANJ CENTRAL COOPERATIVE BANK LIMITED, BARIPADA

In the result, appeal of the Revenue stands partly allowed for statistical purposes

ITA 62/CTK/2024[2017-18]Status: DisposedITAT Cuttack19 Jun 2024AY 2017-18

Bench: Before Shri George Mathan, Judicial & Manish Agarwal Manish Agarwal

For Appellant: Shri Ambika Prasad Mohanty, CAFor Respondent: Shri Sanjay Kumar, CIT DR/S.C.Mohanty, Sr DR
Section 194ASection 194A(3)Section 40

2 | 13 ITA No.78/CTK/2024: Assessment year: 2014-15 ITA No.84/.CTK/2024: Assessment Year: 2015-16 ITA No.89/CTK/2024: Assessment year: 2015-16 ITA No.62/CTK/2024: Assessment Year: 2017-18 ITA No.82/CTK/2024: Assessment Year: 2017-18 Assessing Officer has rightly invoked the provisions of section 40(a)(ia) of the Act, which deserves to be upheld and the order

INCOME TAX OFFICER WARD-1 BARIPADA, BARIPADA vs. MAYURBHANJ CENTRAL COOPERATIVE BANK LIMITED, BARIPADA

In the result, appeal of the Revenue stands partly allowed for statistical purposes

ITA 78/CTK/2024[2014-15]Status: DisposedITAT Cuttack19 Jun 2024AY 2014-15

Bench: Before Shri George Mathan, Judicial & Manish Agarwal Manish Agarwal

For Appellant: Shri Ambika Prasad Mohanty, CAFor Respondent: Shri Sanjay Kumar, CIT DR/S.C.Mohanty, Sr DR
Section 194ASection 194A(3)Section 40

2 | 13 ITA No.78/CTK/2024: Assessment year: 2014-15 ITA No.84/.CTK/2024: Assessment Year: 2015-16 ITA No.89/CTK/2024: Assessment year: 2015-16 ITA No.62/CTK/2024: Assessment Year: 2017-18 ITA No.82/CTK/2024: Assessment Year: 2017-18 Assessing Officer has rightly invoked the provisions of section 40(a)(ia) of the Act, which deserves to be upheld and the order

INCOME TAX OFFICER WARD-1, BARIPADA, BARIPADA vs. MAYURBHANJ CENTRAL COOPERATIVE BANK LIMITED, BARIPADA

In the result, appeal of the Revenue stands partly allowed for statistical purposes

ITA 82/CTK/2024[2017-18]Status: DisposedITAT Cuttack19 Jun 2024AY 2017-18

Bench: Before Shri George Mathan, Judicial & Manish Agarwal Manish Agarwal

For Appellant: Shri Ambika Prasad Mohanty, CAFor Respondent: Shri Sanjay Kumar, CIT DR/S.C.Mohanty, Sr DR
Section 194ASection 194A(3)Section 40

2 | 13 ITA No.78/CTK/2024: Assessment year: 2014-15 ITA No.84/.CTK/2024: Assessment Year: 2015-16 ITA No.89/CTK/2024: Assessment year: 2015-16 ITA No.62/CTK/2024: Assessment Year: 2017-18 ITA No.82/CTK/2024: Assessment Year: 2017-18 Assessing Officer has rightly invoked the provisions of section 40(a)(ia) of the Act, which deserves to be upheld and the order

INCOME TAX OFFICER, WARD-1, BARIPADA, BARIPADA vs. MAYURBHANJ CENTRAL CO-OPERATIVE BANK LIMITED, BARIPADA

In the result, appeal of the Revenue stands partly allowed for statistical purposes

ITA 84/CTK/2024[2015-16]Status: DisposedITAT Cuttack19 Jun 2024AY 2015-16

Bench: Before Shri George Mathan, Judicial & Manish Agarwal Manish Agarwal

For Appellant: Shri Ambika Prasad Mohanty, CAFor Respondent: Shri Sanjay Kumar, CIT DR/S.C.Mohanty, Sr DR
Section 194ASection 194A(3)Section 40

2 | 13 ITA No.78/CTK/2024: Assessment year: 2014-15 ITA No.84/.CTK/2024: Assessment Year: 2015-16 ITA No.89/CTK/2024: Assessment year: 2015-16 ITA No.62/CTK/2024: Assessment Year: 2017-18 ITA No.82/CTK/2024: Assessment Year: 2017-18 Assessing Officer has rightly invoked the provisions of section 40(a)(ia) of the Act, which deserves to be upheld and the order

INCOME TAX OFFICER, WARD-1, BARIPADA, BARIPADA vs. MAYURBHANJ CENTRAL CO-OPERATIVE BANK LIMITED, BARIPADA

In the result, appeal of the Revenue stands partly allowed for statistical purposes

ITA 89/CTK/2024[2015-16]Status: DisposedITAT Cuttack19 Jun 2024AY 2015-16

Bench: Before Shri George Mathan, Judicial & Manish Agarwal Manish Agarwal

For Appellant: Shri Ambika Prasad Mohanty, CAFor Respondent: Shri Sanjay Kumar, CIT DR/S.C.Mohanty, Sr DR
Section 194ASection 194A(3)Section 40

2 | 13 ITA No.78/CTK/2024: Assessment year: 2014-15 ITA No.84/.CTK/2024: Assessment Year: 2015-16 ITA No.89/CTK/2024: Assessment year: 2015-16 ITA No.62/CTK/2024: Assessment Year: 2017-18 ITA No.82/CTK/2024: Assessment Year: 2017-18 Assessing Officer has rightly invoked the provisions of section 40(a)(ia) of the Act, which deserves to be upheld and the order

M/S. SHREE BALAJI ENGICONS PVT. LTD.,BELPAHAR, JHARSUGUDA vs. DCIT, CENTRAL CIRCLE-1(1), SAMBALPUR, SAMBALPUR

In the result, appeals of the assesee in IT(SS)A No

ITA 89/CTK/2023[2017-18]Status: DisposedITAT Cuttack07 Jan 2025AY 2017-18

Bench: Shri George Mathan & Shri Manish Agarwalit(Ss)A No.77/Ctk/2023

Section 153ASection 194CSection 80Section 801A

24. It is also a relevant factor that on a single project, deduction u/s 80IA has been claimed twice, firstly by both the JV’s claiming themselves as the developer and secondly by one of the constituents who executed part work by claiming itself as the developer. To our understanding deduction u/s 80IA is available to one entity only

ACIT, CENTRAL CIRCLE, SAMBALPUR, SAMBALPUR vs. M/S. SHREE BALAJI ENGICONS PVT. LTD., JHARSUGUDA

In the result, appeals of the assesee in IT(SS)A No

ITA 141/CTK/2023[2016-17]Status: DisposedITAT Cuttack07 Jan 2025AY 2016-17

Bench: Shri George Mathan & Shri Manish Agarwalit(Ss)A No.77/Ctk/2023

Section 153ASection 194CSection 80Section 801A

24. It is also a relevant factor that on a single project, deduction u/s 80IA has been claimed twice, firstly by both the JV’s claiming themselves as the developer and secondly by one of the constituents who executed part work by claiming itself as the developer. To our understanding deduction u/s 80IA is available to one entity only

ACIT, CENTRAL CIRCLE, SAMBALPUR, SAMBALPUR vs. M/S. SHREE BALAJI ENGICONS PVT. LTD., JHARSUGUDA

In the result, appeals of the assesee in IT(SS)A No

ITA 13/CTK/2023[2018-19]Status: DisposedITAT Cuttack07 Jan 2025AY 2018-19

Bench: Shri George Mathan & Shri Manish Agarwalit(Ss)A No.77/Ctk/2023

Section 153ASection 194CSection 80Section 801A

24. It is also a relevant factor that on a single project, deduction u/s 80IA has been claimed twice, firstly by both the JV’s claiming themselves as the developer and secondly by one of the constituents who executed part work by claiming itself as the developer. To our understanding deduction u/s 80IA is available to one entity only

ACIT, CENTRAL CIRCLE, SAMBALPUR, SAMBALPUR vs. M/S. SHREE BALAJI ENGICONS PVT. LTD., JHARSUGUDA

In the result, appeals of the assesee in IT(SS)A No

ITA 142/CTK/2023[2017-18]Status: DisposedITAT Cuttack07 Jan 2025AY 2017-18

Bench: Shri George Mathan & Shri Manish Agarwalit(Ss)A No.77/Ctk/2023

Section 153ASection 194CSection 80Section 801A

24. It is also a relevant factor that on a single project, deduction u/s 80IA has been claimed twice, firstly by both the JV’s claiming themselves as the developer and secondly by one of the constituents who executed part work by claiming itself as the developer. To our understanding deduction u/s 80IA is available to one entity only

M/S. SHREE BAALAJI ENGICONS LIMITED,JHARSUGUDA vs. DEPUTY COMMISSIONER OF INCOME TAX ( CENTRAL CIRCLE-1(1), SAMBALPUR

In the result, appeals of the assesee in IT(SS)A No

ITA 296/CTK/2023[2013-14]Status: DisposedITAT Cuttack07 Jan 2025AY 2013-14

Bench: Shri George Mathan & Shri Manish Agarwalit(Ss)A No.77/Ctk/2023

Section 153ASection 194CSection 80Section 801A

24. It is also a relevant factor that on a single project, deduction u/s 80IA has been claimed twice, firstly by both the JV’s claiming themselves as the developer and secondly by one of the constituents who executed part work by claiming itself as the developer. To our understanding deduction u/s 80IA is available to one entity only

ASST. CIT, CENTRAL CIRCLE, SAMBALPUR, AAYAKAR BHAWAN, SAMBALPUR vs. SHREE BALAJI ENGICON LIMITED, BELPAHAR RS

In the result, appeals of the assesee in IT(SS)A No

ITA 320/CTK/2023[2011-12]Status: DisposedITAT Cuttack07 Jan 2025AY 2011-12

Bench: Shri George Mathan & Shri Manish Agarwalit(Ss)A No.77/Ctk/2023

Section 153ASection 194CSection 80Section 801A

24. It is also a relevant factor that on a single project, deduction u/s 80IA has been claimed twice, firstly by both the JV’s claiming themselves as the developer and secondly by one of the constituents who executed part work by claiming itself as the developer. To our understanding deduction u/s 80IA is available to one entity only

M/S. SHREE BALAJI ENGICONS PVT. LTD.,BELPAHAR, JHARSUGUDA vs. ACIT, CENTRAL CIRCLE-1(1), SAMBALPUR, SAMBALPUR

In the result, appeals of the assesee in IT(SS)A No

ITA 88/CTK/2023[2016-17]Status: DisposedITAT Cuttack07 Jan 2025AY 2016-17

Bench: Shri George Mathan & Shri Manish Agarwalit(Ss)A No.77/Ctk/2023

Section 153ASection 194CSection 80Section 801A

24. It is also a relevant factor that on a single project, deduction u/s 80IA has been claimed twice, firstly by both the JV’s claiming themselves as the developer and secondly by one of the constituents who executed part work by claiming itself as the developer. To our understanding deduction u/s 80IA is available to one entity only

STATE POLLUTION CONTROL BOARD ODISHA,BHUBANESWAR vs. ITO, WARAD 5(2), BHUBANESWAR, BHUBANESWAR

In the result, appeal of the assessee stands allowed and stay petition stands dismissed

ITA 301/CTK/2024[2017-18]Status: DisposedITAT Cuttack24 Oct 2024AY 2017-18

Bench: Before Shri George Mathanmember & Manish Agarwal Manish Agarwals.P.No.11/Ctk/2024 Assessment Year :2017-18 State Pollution Control Board State Pollution Control Board, Vs. Ito, Ward 5(2), Plot No.A-118, Paribesh Bhawan, 118, Paribesh Bhawan, Bhubaneswar Nilakantha Nagar, Agar, Nayapali, Nayapali, Unit-Vii, Bhubaneswar Neswar Pan/Gir No.Aaals 2490 J Aaals 2490 J (Appellant) (Appellant .. ( Respondent Respondent) Assessee By : Shri S.K.Agrawalla, Ca Walla, Ca Revenue By : Shri Sanjay Kumar, Cit Sanjay Kumar, Cit Dr Date Of Hearing : 24/10/20 2024 Date Of Pronouncement : 24/10/20 024 O R D E R Per Bench

For Appellant: Shri S.K.Agrawalla, CA walla, CAFor Respondent: Shri Sanjay Kumar, CIT
Section 4

2. That the Ld. Commissioner of Income Tax (Appeals) erred in facts in circumstances in confirming the amount of ` 53,48,75,077 as income of the appellant which is as per the provisional accounts whereas the actual income of the appellant is Rs. 22,03,68,314, therefore the relief of Rs.31,45,06,763 is to be allowed