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4 results for “disallowance”+ Section 271Dclear

Sorted by relevance

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Key Topics

Section 271D19Section 269S14Penalty3Section 402

KISHAN MOTORS,BHUBANESWAR vs. ITO, WARD-4(3), BHUBANESWAR

In the result, appeal in ITA No

ITA 169/CTK/2018[2014-15]Status: DisposedITAT Cuttack24 Jan 2020AY 2014-15

Bench: Shri Chandra Mohan Garg & Laxmi Prasad Sahu

For Appellant: Shri S.K.Agarwal, ARFor Respondent: Shri J.K.Lenka, DR
Section 143(3)Section 40Section 43B

disallowance has been made on the basis of suspicion alone and no basis has been given by the AO. Hence, we direct P a g e 8 | 14 ITA Nos.169 & 37 1/C TK /2 018 Assessm ent Y ear : 20 14- 201 5 the AO to delete the addition made on adhoc basis. Ground No.5 of appeal is allowed

M/S. SHREE SAI ENTERPRISES,BHUBANESWAR vs. ADDL. CIT, RANGE-4, BHUBANESWAR

In the result, appeal of the assessee is allowed

ITA 290/CTK/2018[2014-15]Status: DisposedITAT Cuttack23 Aug 2019AY 2014-15

Bench: Shri Chandra Mohan Gargassessment Year: 2014-2015

For Appellant: Shri N.R.BiswalFor Respondent: Shri Subhendu Dutta, DR
Section 156Section 269SSection 271D

disallowed by the Ld. A.O. during the course of assessment & added to the total income. Once again the said Rs. 45,000/- is imposed as a penalty u/s 271D by the Ld. Addl. CIT which is confirmed by the Ld. CIT(A). Therefore the Ld. A.O. is agreed to the accept that all the amounts are received for business purpose

JCIT, CUTTACK vs. M/S. DUSHASHAN JENA, CUTTACK

In the result, the appeal was allowed

ITA 324/CTK/2015[2010-11]Status: DisposedITAT Cuttack03 Aug 2017AY 2010-11
For Appellant: NoneFor Respondent: Shri D.K.Pradhan, CITDR
Section 269SSection 271D

271D of the Act and is of the opinion that the assessee has violated the provisions of Section 269SS by accepting the loan/deposits and penalty u/s.271D is levied. 5. Aggrieved by the penalty order of the AO, the assessee has filed an appeal before the CIT(A). In the appellate proceedings, the assessee has submitted that there is no element

ACIT, CUTTACK vs. M/S. DUSHASAN JENA, CUTTACK

In the result, the appeal was allowed

ITA 244/CTK/2015[2010-11]Status: DisposedITAT Cuttack03 Aug 2017AY 2010-11
For Appellant: NoneFor Respondent: Shri D.K.Pradhan, CITDR
Section 269SSection 271D

271D of the Act and is of the opinion that the assessee has violated the provisions of Section 269SS by accepting the loan/deposits and penalty u/s.271D is levied. 5. Aggrieved by the penalty order of the AO, the assessee has filed an appeal before the CIT(A). In the appellate proceedings, the assessee has submitted that there is no element