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2 results for “penalty u/s 271”+ Section 80Jclear

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Delhi8Mumbai7Jaipur2Cochin2Pune2Ahmedabad1Kolkata1

Key Topics

Section 80P6Section 80I5Section 80A3Section 80J3Section 223Section 271(1)(c)2Section 80P(2)(a)2Deduction2Disallowance2

M/S SHIV KUMAR SUSHIL KUMAR TEA ENTERPRISES PVT. LTD.,KOTA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, KOTA

In the result, appeal of the assessee is allowed

ITA 75/JPR/2019[2013-14]Status: DisposedITAT Jaipur05 Aug 2019AY 2013-14
For Appellant: Shri B.L. Bhojwani (CA)For Respondent: Shri Kailash Mangal (Addl.CIT)
Section 271(1)(c)Section 44ASection 80ASection 80ISection 80J

271(1)(c) of the Income Tax Act, 1961 (in short the Act). 2. Rival contentions have been heard and record perused. Facts in brief are that the assessee company derives income from trading of tea blended in its own factory and from windmill. During the course of scrutiny assessment, the AO has disallowed the deduction

BARODA RAJASTHAN KSHETRIYA GRAMIN BANK,AJMER vs. DY. CIT (ACIT) CIRCLE -2 AJMER , CR BUILDING,OPP. SESSION COURT,JAIPUR ROAD ,AJMER

In the result, the appeal of the assessee is dismissed

ITA 635/JPR/2024[2020-21]Status: DisposedITAT Jaipur06 Feb 2025AY 2020-21

Bench: Shri Gagan Goyal & Shri Narinder Kumarbaroda Rajasthan Kshetriya Gramin Bank, 2343 Rajasthan Patrika Building, Vaishali Nagar, Ajmer – 305004 Pan No. Aaajb1164C ...... Appellant

For Appellant: Mr. Shailesh Mantri, CA, Ld. ARFor Respondent: Mr. Arvind Kumar, CIT, Ld. DR
Section 22Section 23ASection 250Section 32Section 36(1)Section 43BSection 80PSection 80P(2)(a)Section 80P(4)

80J and section 80JJ. (4) The provisions of this section shall not apply in relation to any co-operative bank other than a primary agricultural credit society or a primary co-operative agricultural and rural development bank. Explanation. —For the purposes of this sub-section, — (a) "co-operative bank" and "primary agricultural credit society" shall have the meanings respectively assigned