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9 results for “disallowance”+ Section 80P(2)(e)clear

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Key Topics

Section 26011Section 1478Section 1488Section 260A6Section 10A5Business Income4Deduction4Disallowance4Section 573Section 194

THE COMMISSIONER OF INCOME-TAX vs. TEXAS INSTRUMENTS INDIA PVT LTD

The appeals are dismissed

ITA/141/2020HC Karnataka21 Apr 2021

Bench: SATISH CHANDRA SHARMA,SURAJ GOVINDARAJ

Section 143(2)Section 194Section 2Section 206ASection 40Section 80J

80P(2)(a)(i), notwithstanding that they may also be giving loans to their members which are not related to agriculture. Also, in case it is found that there are instances of loans being given to non-members, profits attributable to such loans obviously cannot be deducted. 12.6.2. Commissioner of Income-tax (Central)- I, New Delhi vs. Vatika Township

THE COMMISSIONER OF INCOME TAX vs. M/S WIPRO LTD

3
Reassessment3
Reopening of Assessment3

The appeals stand disposed of, accordingly

ITA/211/2009HC Karnataka25 Mar 2015

Bench: N.KUMAR,B.SREENIVASE GOWDA

Section 260

80P, Doddakannelli, Sarjapur Road, Bangalore-560035. ...APPELLANT (By Sri Venkataraman, Senior Counsel for Dr.R.B.Krishna, Adv.) AND : The Deputy Commissioner of Income Tax Central Circle 1(3), 3rd Floor, Central Revenue Buildings, Queens Road, Bangalore-560001. …RESPONDENT (By Sri E.R.Indrakumar, Senior Counsel for Sri K.V.Aravind, Adv.) This I.T.A. is filed under Section 260-A of I.T.Act, 1961 arising out of order

M/S WIPRO LIMITED vs. THE DEPUTY COMMISSIONER OF INCOME TAX

The appeals stand disposed of, accordingly

ITA/881/2008HC Karnataka25 Mar 2015

Bench: N.KUMAR,B.SREENIVASE GOWDA

Section 260

80P, Doddakannelli, Sarjapur Road, Bangalore-560035. ...APPELLANT (By Sri Venkataraman, Senior Counsel for Dr.R.B.Krishna, Adv.) AND : The Deputy Commissioner of Income Tax Central Circle 1(3), 3rd Floor, Central Revenue Buildings, Queens Road, Bangalore-560001. …RESPONDENT (By Sri E.R.Indrakumar, Senior Counsel for Sri K.V.Aravind, Adv.) This I.T.A. is filed under Section 260-A of I.T.Act, 1961 arising out of order

THE COMMISSINER OF INCOME TAX (APPEALS) AND ANR vs. THE BIJAPUR DISTRICT CENTRAL

ITA/200014/2015HC Karnataka23 Mar 2018

Bench: R.DEVDAS,VINEET KOTHARI

Section 260A

disallowance of such interest paid to the members without TDS, was liable to be made as per the provisions of Section 40 (a) (ia) of the Act. 4. Both the learned counsel at Bar fairly submitted that the said issue is no longer res-integra in view of the CBTD Circular No.19/2015 holding that such Co-operative Banks

CORPORATION BANK vs. THE ASSISTANT COMMISSIONER

Accordingly, the petitions are allowed

WP/30820/2015HC Karnataka11 Jan 2016

Bench: The Hon’Ble Mr. Justice Anand Byrareddy

Section 147Section 148Section 57

E R Heard the learned Senior Advocate Shri K P Kumar appearing for the petitioner and the learned Standing Counsel for the revenue Shri K V Aravind. 2. These petitions are disposed of by this common order. The petitioners’ regular assessments were concluded by assessment orders dated 08.02.2012 and 21.03.2011 for 4 the years 2010-11 and 2009-10 respectively

CORPORATION BANK vs. THE ASSISTANT COMMISSIONER OF INCOME TAX

Accordingly, the petitions are allowed

WP/27355/2015HC Karnataka11 Jan 2016

Bench: The Hon’Ble Mr. Justice Anand Byrareddy

Section 147Section 148Section 57

E R Heard the learned Senior Advocate Shri K P Kumar appearing for the petitioner and the learned Standing Counsel for the revenue Shri K V Aravind. 2. These petitions are disposed of by this common order. The petitioners’ regular assessments were concluded by assessment orders dated 08.02.2012 and 21.03.2011 for 4 the years 2010-11 and 2009-10 respectively

KARNATAKA BANK LTD vs. THE ASSISTANT COMMISSIONER OF INCOME -TAX

Accordingly, the petition is allowed in

WP/40511/2015HC Karnataka11 Jan 2016

Bench: The Hon’Ble Mr. Justice Anand Byrareddy

Section 147Section 148Section 56Section 57Section 80P(2)(a)

E R Heard the learned Senior Advocate Shri K P Kumar appearing for the petitioner and the learned Standing Counsel for the revenue Shri K V Aravind. 2. The petitioner’s regular assessments was concluded by assessment order dated 09.03.2011 for the year 2009-10. Subsequently, the first respondent is said to have issued notice under Section 148 proposing

M/S WIPRO LIMITED vs. THE ADDITIONAL COMMISSIONER OF INCOME-TAX,

In the result, the appeal is disposed of in terms of

ITA/315/2012HC Karnataka09 Dec 2020

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

Section 10ASection 14ASection 260Section 260ASection 36(1)(iv)Section 80

80P, DODDAKANNELLI SARJAPUR ROAD BENGALURU-560035 ... APPELLANT (BY SRI. S. GANESH, SR. COUNSEL FOR SRI. SANDEEP HUILGOL, ADV., FOR SRI. R.B. KRISHNA, ADV.,) AND: THE ADDITIONAL COMMISSIONER OF INCOME-TAX, CIRCLE 12(5) 14/3, 4TH FLOOR, RASTROTHANA BHAVAN (OPP.) RBI, NRUPATHUNGA ROAD BANGALORE - 560 001. ... RESPONDENT (BY SRI. E.I.SANMATHI, ADV.) - - - THIS ITA IS FILED UNDER SECTION

UNIVERSAL CREDIT SOUHARDHA SAHAKARI NIYAMITHA vs. GOVERNMENT OF INDIA

WP/6240/2020HC Karnataka19 Mar 2020

Bench: The Hon'Ble Mr.Justice S. Sunil Dutt Yadav

Section 156Section 80P(2)

E. I. Sanmathi, Adv. for R2 & R3) This Writ Petition is filed under Articles 226 & 227 of the Constitution of India, praying to stay the notice of demand dt. 25.12.2019 issued under Section 156 of the Income Tax Act, 1961 (Annexure-F) and also the notice dt. 13.02.2020 (Annexure-J) issued by the respondent No.3 pending disposal of the appeal