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5 results for “disallowance”+ Section 35D(2)(c)clear

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Key Topics

Section 35D9Section 2607Section 194H6Section 80J4Section 2634Deduction4Section 10A3Disallowance3Section 143(1)2Section 143(3)

M/S SUBEX LTD vs. THE COMMISSIONER OF INCOME TAX-III,

In the result, appeal is partly allowed as indicated

ITA/378/2015HC Karnataka01 Oct 2021

Bench: S.SUJATHA,RAVI V HOSMANI

Section 143Section 154Section 200Section 260Section 263Section 35D

c) xxxxx (d) xxxxxx (3) Where the aggregate amount of the expenditure referred to in sub-section (2) - 16 - exceeds an amount calculated at two and one-half per cent— (a) of the cost of the project, or (b) where the assessee is an Indian company, at the option of the company, of the capital employed in the business

COMMISSIONER OF INCOME TAX-III vs. M/S. ONMOBILE GLOBAL LTD

2
Revision u/s 2632

In the result, the matter is remitted to the Tribunal to

ITA/340/2014HC Karnataka18 Jan 2021

Bench: ALOK ARADHE,R. NATARAJ

Section 10ASection 143(1)Section 143(3)Section 260Section 35DSection 80J

35D(2)C are restrictive and not illustrative in nature. 7 5. With regard to the claim of the assessee for deduction under Section 80JJAA of the Act, it is submitted that the Assessing Officer rightly did not allow the assessee, the deduction claimed by it on the ground that the assessee is not an industrial undertaking engaged

PR COMMISSIONER OF vs. M/S SUBEX LTD

In the result, appeal stands dismissed

ITA/684/2015HC Karnataka01 Oct 2021

Bench: S.SUJATHA,RAVI V HOSMANI

Section 143Section 2Section 260Section 260ASection 263Section 35D

C” Bench, Bangalore ['Tribunal' for short] dated 19.06.2015 passed in ITA No.689/Bang/2014 relating to the assessment year 2008-09. 2. The appeal was admitted by this Court to consider the following substantial questions of law: “1. Whether on the facts and in the circumstances of the case, the Tribunal was justified in holding that foreign currency convertible bonds [FCCBs

COFFEE DAY GLOBAL LIMITED vs. DEPUTY COMMISSIONER OF INCOME TAX

The appeal is allowed

ITA/219/2020HC Karnataka28 May 2021

Bench: SATISH CHANDRA SHARMA,R. NATARAJ

Section 260Section 36(1)(iii)

C) TO THE EXTENT QUESTIONED HEREIN, AND ETC. THIS APPEAL COMING ON FOR FINAL HEARING THIS DAY, NATARAJ RANGASWAMY J., DELIVERED THE FOLLOWING: JUDGMENT This appeal is filed by the assessee challenging the order dated 24.02.2020 passed by the Income Tax Appellate Tribunal in ITA Nos.3040 and 3041/Bang/2018 in respect of the assessment years 2013-14 and 2014-15 respectively

COMMISSIONER OF INCOME TAX-III, vs. M/S. TELCO CONSTRUCTION

In the result, we do not find any merit in this

ITA/336/2014HC Karnataka16 Feb 2021

Bench: ALOK ARADHE,R. NATARAJ

Section 143(1)Section 143(3)Section 194HSection 260Section 40

C' BENCH, BANGALORE IN APPEAL PROCEEDINGS NO. ITA NO.478/BANG/2012 FOR ASSESSMENT YEAR 2007-08. THIS I.T.A. COMING ON FOR HEARING, THIS DAY, ALOK ARADHE J., DELIVERED THE FOLLOWING: JUDGMENT This appeal under Section 260-A of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’, for short) has been filed by the revenue. The subject matter