BharatTax.net
SearchITATHigh CourtsSupreme CourtPhrasesAI ResearchHistory

Filters

BharatTax.net

Free search engine for ITAT (Income Tax Appellate Tribunal) judgments across all 28 benches in India.

Quick Links

  • Search Judgments
  • Browse by Bench
  • Recent Judgments

About

BharatTax provides free access to Income Tax Appellate Tribunal orders for legal research and reference.

© 2026 BharatTax.net. All rights reserved.

64 results for “section 68”+ Section 131clear

Sorted by relevance

Delhi2,311Mumbai1,970Kolkata941Jaipur527Karnataka484Bangalore427Ahmedabad365Hyderabad336Chennai328Pune189Indore189Chandigarh184Surat159Raipur122Cochin107Nagpur99Rajkot83Visakhapatnam74Calcutta73Guwahati64Lucknow48Telangana44Jodhpur39Amritsar36Cuttack36Ranchi29Dehradun19Agra18Allahabad15Patna13SC12Varanasi7Jabalpur7Rajasthan6Orissa5Gauhati2Andhra Pradesh1Himachal Pradesh1

Key Topics

Section 6871Section 143(3)44Addition to Income44Section 25034Section 14830Section 153A19Section 14719Deduction15Section 153C11Reopening of Assessment

ACCRECENT WAY MARKETING (P) LTD.,GUWAHATI vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3, GUWAHATI

ITA 358/GTY/2018[2010-11]Status: DisposedITAT Guwahati09 Jun 2025AY 2010-11

Bench: Shri Manomohan Das & Shri Rakesh Mishra

Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 251Section 68

section 68 of the Act and held that the assessee had to establish the shareholders’ identity, genuineness of the transaction and the creditworthiness of the shareholders but except for furnishing a list of 31 companies and an individual, the assessee did I.T.A. No.: 358/GTY/2018 Assessment Year: 2010-11 Accrecent Way Marketing Private Limited. not furnish any evidence to prove

INCOME TAX OFFICER, WARD 3(3), GUWAHATI vs. PRAG RAJ SINGLA, GUWAHATI

Showing 1–20 of 64 · Page 1 of 4

11
Section 80l10
Disallowance10

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

ITA 160/GTY/2018[2013-14]Status: DisposedITAT Guwahati02 Aug 2019AY 2013-14

Bench: Shri A. T. Varkey, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita No.160/Gau/2018 ("नधा"रणवष" / Assessment Year:2013-14)

For Appellant: Shri Sandip Sengupta, JCIT DRFor Respondent: Shri B. L. Purohit FCA & Shri Subash Purohit, FCA
Section 133(6)Section 143(3)Section 68

131 of the Act. Taking into account the entirety of the facts and circumstances, the AO came on conclusion that assessee could not prove the creditworthiness of Ms. JenitaWallang and genuineness of the transaction in respect of unsecured loan of Rs. 80 lakh, therefore, he made addition under section 68

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, GUWAHATI vs. M/S. LINKSTAR PROMOTERS (P) LTD, KOLKATA

In the result, both the appeals of the Revenue are dismissed

ITA 9/GTY/2021[2012-13]Status: DisposedITAT Guwahati25 Sept 2023AY 2012-13

Bench: Dr. Manish Borad & Shri Sonjoy Sarma

Section 143(3)Section 68

131 of the Act. The ld. Assessing Officer doubted the nature and source of the alleged share application money and formed an opinion that the assessee had adopted a colourable device and camouflaged its unaccounted money in the form of share application money to legalize its own unaccounted income. Accordingly Section 68

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, GUWAHATI vs. M/S. WINNER DEALTRADE (P) LTD.,, KOLKATA

In the result, both the appeals of the Revenue are dismissed

ITA 13/GTY/2021[2012-13]Status: DisposedITAT Guwahati25 Sept 2023AY 2012-13

Bench: Dr. Manish Borad & Shri Sonjoy Sarma

Section 143(3)Section 68

131 of the Act. The ld. Assessing Officer doubted the nature and source of the alleged share application money and formed an opinion that the assessee had adopted a colourable device and camouflaged its unaccounted money in the form of share application money to legalize its own unaccounted income. Accordingly Section 68

AMPLEX PROJECTS PRIVATE LIMITED,AGARTALA vs. DCIT/ACIT, CIRCLE SILCHAR, SILCHAR

In the result, appeal of the assessee is allowed in above terms

ITA 333/GTY/2025[2013-14]Status: DisposedITAT Guwahati19 Jan 2026AY 2013-14

Bench: the Ld. CIT(A).

For Respondent: Shri Santosh Kumar Karnani, Addl. CIT
Section 1Section 139(1)Section 143(3)Section 153ASection 245DSection 245D(4)Section 250

131 and section 153, in the case of a person where a search initiated under section 132 or books of account other documents or any assets are requisitioned under section 132A after the 31st day of May, 2003, the Assessing Officer shall- a) issue notice to such person requiring him to furnish within such period

D.C.I.T., CIRCLE-1, DIBRUGARH vs. VINOD BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 66/GTY/2023[2013-14]Status: DisposedITAT Guwahati01 Sept 2023AY 2013-14

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know any of the alleged entry operators who had allegedly rigged the share prices. They were not involved in any LTCG scam as allegedly unearthed by the Investigation Wing. In India, S.E.B.I looks into the irregular movement in share prices

DCIT, CIRCLE-1, DIBRUGARH vs. BAJRANG LAL BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 52/GTY/2023[2013-14]Status: DisposedITAT Guwahati01 Sept 2023AY 2013-14

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know any of the alleged entry operators who had allegedly rigged the share prices. They were not involved in any LTCG scam as allegedly unearthed by the Investigation Wing. In India, S.E.B.I looks into the irregular movement in share prices

D.C.I.T., CIRCLE-1, DIBRUGARH vs. SHEETAL BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 64/GTY/2023[2013-14]Status: DisposedITAT Guwahati01 Sept 2023AY 2013-14

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know any of the alleged entry operators who had allegedly rigged the share prices. They were not involved in any LTCG scam as allegedly unearthed by the Investigation Wing. In India, S.E.B.I looks into the irregular movement in share prices

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. USHA BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 57/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know any of the alleged entry operators who had allegedly rigged the share prices. They were not involved in any LTCG scam as allegedly unearthed by the Investigation Wing. In India, S.E.B.I looks into the irregular movement in share prices

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. HANS RAJ BAMALWA (HUF), DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 56/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know any of the alleged entry operators who had allegedly rigged the share prices. They were not involved in any LTCG scam as allegedly unearthed by the Investigation Wing. In India, S.E.B.I looks into the irregular movement in share prices

DCIT, CIRCLE-1, DIBRUGARH vs. BAJRANG LAL BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 51/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know any of the alleged entry operators who had allegedly rigged the share prices. They were not involved in any LTCG scam as allegedly unearthed by the Investigation Wing. In India, S.E.B.I looks into the irregular movement in share prices

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. MEENAKSHI BAMALWA SONI, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 58/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know any of the alleged entry operators who had allegedly rigged the share prices. They were not involved in any LTCG scam as allegedly unearthed by the Investigation Wing. In India, S.E.B.I looks into the irregular movement in share prices

D.C.I.T., CIRCLE-1, DIBRUGARH vs. BACHH RAJ BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 53/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know any of the alleged entry operators who had allegedly rigged the share prices. They were not involved in any LTCG scam as allegedly unearthed by the Investigation Wing. In India, S.E.B.I looks into the irregular movement in share prices

D.C.I.T., CIRCLE-1, DIBRUGARH vs. MADAN LAL BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 63/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know any of the alleged entry operators who had allegedly rigged the share prices. They were not involved in any LTCG scam as allegedly unearthed by the Investigation Wing. In India, S.E.B.I looks into the irregular movement in share prices

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. HANS RAJ BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 55/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know any of the alleged entry operators who had allegedly rigged the share prices. They were not involved in any LTCG scam as allegedly unearthed by the Investigation Wing. In India, S.E.B.I looks into the irregular movement in share prices

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. VISHAL BAMALWA , DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 60/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know any of the alleged entry operators who had allegedly rigged the share prices. They were not involved in any LTCG scam as allegedly unearthed by the Investigation Wing. In India, S.E.B.I looks into the irregular movement in share prices

D.C.I.T., CIRCLE-1, DIBRUGARH vs. BACHH RAJ BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 54/GTY/2023[2015-16]Status: DisposedITAT Guwahati01 Sept 2023AY 2015-16

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know any of the alleged entry operators who had allegedly rigged the share prices. They were not involved in any LTCG scam as allegedly unearthed by the Investigation Wing. In India, S.E.B.I looks into the irregular movement in share prices

D.C.I.T., CIRCLE-1, DIBRUGARH vs. RAVI BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 62/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know any of the alleged entry operators who had allegedly rigged the share prices. They were not involved in any LTCG scam as allegedly unearthed by the Investigation Wing. In India, S.E.B.I looks into the irregular movement in share prices

D.C.I.T., CIRCLE-1, DIBRUGARH vs. PRAMOD KUMAR BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 65/GTY/2023[2013-14]Status: DisposedITAT Guwahati01 Sept 2023AY 2013-14

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know any of the alleged entry operators who had allegedly rigged the share prices. They were not involved in any LTCG scam as allegedly unearthed by the Investigation Wing. In India, S.E.B.I looks into the irregular movement in share prices

D.C.I.T., CIRCLE-1, DIBRUGARH vs. VINAY BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 61/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 68 before the Ld. A.O. The Assessees earnestly submitted before the Ld. A.O that they did not know any of the alleged entry operators who had allegedly rigged the share prices. They were not involved in any LTCG scam as allegedly unearthed by the Investigation Wing. In India, S.E.B.I looks into the irregular movement in share prices