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5 results for “section 68”+ Section 270A(9)clear

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Delhi195Mumbai179Jaipur55Hyderabad45Ahmedabad42Chandigarh32Chennai32Bangalore31Pune30Rajkot25Lucknow16Guwahati16Surat12Nagpur9Raipur7Kolkata7Indore5Agra5Jodhpur3Cuttack3Cochin3Amritsar2Dehradun2Patna2SC1Allahabad1

Key Topics

Section 115B11Section 270A11Section 687Section 1546Section 271A5Addition to Income5Section 2634Section 143(3)4Section 2743Penalty

AABHUSHAN,DHAMNOD, MADHYA PRADESH vs. ITO DHAR, DHAR

In the result, appeal of the assessee is allowed

ITA 344/IND/2023[AY 2017-18]Status: DisposedITAT Indore09 May 2024

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniaabhushan Dhamnod Ito, Dhar 1St Floor, Ganpati Market Ab Road Dhamnod Vs. Mp (Appellant / Assessee) (Respondent/ Revenue) Pan: Abgfa0812K Assessee By Shri Pranay Goyal & Shri S.N. Goyal, Ars Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 10.04.2024 Date Of Pronouncement 09.05.2024 O R D E R

Section 115BSection 142(1)Section 143(2)Section 68

9. We have considered the rival submissions as well as relevant material on record. The AO has made an addition on account of unsecured loan as under: “1. Addition on account of unsecured loan: The assessee has shown unsecured loan at Rs.6,64,991/- in you audit report. However, no confirmation and details have been furnished by the assessee. Therefore

MANOJ KUMAR GANGADHARAN,BHOPAL vs. ITO (IT AND TP) BHOPAL, BHOPAL

3
Demonetization2

In the result appeal of the assessee is dismissed

ITA 671/IND/2024[2018-19]Status: DisposedITAT Indore09 Oct 2025AY 2018-19

Bench: Shri Bhagirath Mal Biyani & Shri Paresh M Joshi

Section 143(3)Section 24Section 250Section 253Section 270ASection 270A(9)(a)Section 274

9)(a) of the Act was contemplated too. 2.2 That as and by way of an order (penalty) passed u/s 270A of the Act i.e. “Misreporting penalty u/s 270A” a penalty of Rs.4,16,860/- was levied on the assessee being 200% of Tax on unreported income. That the aforesaid penalty order bears No. ITBA/PNL/F/270A/2021-22/1041697988(1) and that same

RAM BABU SINGH,BIHAR vs. THE ITO-2(1), BHOPAL, BHOPAL

The appeal of the assessee is allowed

ITA 17/IND/2024[2017-18]Status: HeardITAT Indore09 May 2024AY 2017-18

Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniassessment Year: 2017-18 Shri Ram Babu Singh, Income-Tax Officer, Near Gayatri Mandir, 2(1), बनाम/ Saharsa, Bhopal Vs. Bihar (Assessee/Appellant) (Revenue/Respondent) Pan: Cufps2957D Assessee By Shri S.N.Agrawal, Ca & Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 07.05.2024 Date Of Pronouncement 09.05.2024

Section 115BSection 143(2)Section 154Section 270ASection 271ASection 69A

270A and not of section 271AAC, the AO has made it unambiguously clear that he treated the impugned addition as not representing income u/s 68 to 69D. Therefore, there was no mistake Page 7 of 13 Shri Ram Babu Singh, Bihar ITA No. 17/Ind/2024 – AY 2017-18 whatsoever in the assessment-order and consequently the AO is wrong

M/S PUNYA SHREE JEWELLERS,S4EONI MALWA vs. THE PCIT-1 , BHOPAL

In the result, for the reasons mentioned above, the assessment order u/s 143(3) r

ITA 154/IND/2023[2018-19]Status: DisposedITAT Indore21 Dec 2023AY 2018-19

Bench: Shri Vijay Pal Rao & Shri B.M. Biyanim/S Punya Shree Jewellers Pcit (1) Main Road, Seoni Malwa Bhopal Vs. (Appellant / Assessee) (Respondent/ Revenue) Pan: Aapfp9682A Assessee By Shri S.N. Agrawal, Ar Revenue By Shri Ashish Porwal, Sr. Dr Date Of Hearing 09.11.2023 Date Of Pronouncement 21.12.2023

Section 115BSection 133ASection 143Section 143(3)Section 263Section 28Section 69

9 of 15 ITANo.154/Ind/2023 Punya Shree Jewellers 5.2 The AO in the computation sheet of assessment order has given the details of heads of income reported by assesse as under: Page 10 of 15 ITANo.154/Ind/2023 Punya Shree Jewellers 5.3 Thus, the surrendered income on account of excess stock was declared by the assesse under the head ‘other sources

GAURAV AJMERA,RATLAM vs. DCIT(CENTRAL)-2, INDORE

Accordingly, Ground No.2 raised by the Revenue is allowed

ITA 808/IND/2024[2017-2018]Status: DisposedITAT Indore25 Aug 2025AY 2017-2018

Bench: Shri B.M. Biyani & Shri Paresh M. Joshi

Section 115BSection 131Section 132(4)Section 132ASection 143(3)Section 234ASection 271ASection 274

68,34,975/- related to assessment year 2015-16 and Rs.7,31,65,025/- related to assessment-year 2016-17. Ld. AR argued that the factual matrix of the surrender and assessment of both components is same and there is no difference whatsoever. Ld. AR further carried our attention to the Page No. 66 of the Paper- Book where