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11 results for “section 68”+ Section 3(1)(b)clear

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Key Topics

Section 80P(2)(a)6Section 2634Section 115B3Section 682Section 260A2Section 80P(2)2Section 80P(2)(d)2Addition to Income2Business Income2

BHIMA JEWELLERS vs. COMMISSIONER OF INCOME TAX,

ITA/15/2021HC Kerala25 Aug 2022

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE BASANT BALAJI

For Appellant: M/S BHIMA JEWELLERSFor Respondent: COMMISSIONER OF INCOME TAX
Section 115Section 115BSection 263Section 68Section 69Section 69ASection 69BSection 69CSection 69D

1. Whether the Tribunal is correct in law and in the facts of the case in confirming the order of ITA No.15 of 2021 -3- the Principal Commissioner of Income Tax passed under Section 263 of the Income Tax Act? 2. Whether the Tribunal is correct in law and in the facts of the case in not considering

Deduction2

THE PRINCIPAL COMMISSIONER OF INCOME TAX vs. JOSE THOMAS,

ITA/56/2020HC Kerala03 Apr 2024

Bench: HONOURABLE DR. JUSTICE A.K.JAYASANKARAN NAMBIAR,HONOURABLE MR. JUSTICE SYAM KUMAR V.M.

For Respondent: THE PRINCIPAL COMMISSIONER OF INCOME TAX

B VARGHESE(K/1300/2019) RESPONDENT/RESPONDENT/ASSESSEE: 1 SMT.GRACY BABU, PADINJAREVEETTIL,PUTHENVEEDU, ADOOR.P.O, PATHANAMTHITTA-691523. 2 ADDL.R2: FRUDDY BABU THOMAS, PADINJARE VEETTIL, KANNAMKODE, ADOOR P.O. ADOOR – PIN 691 523. 3 ADDL.R3: JUDY BABU THOMAS, PADINJARE VEETTIL, KANNAMKODE, ADOOR P.O. ADOOR – PIN 691 523. ADDL. RESPONDENTS 2 & 3 ARE IMPLEADED AS PER ORDER DATED 03.04.2024 IN I.A.NO.1/2022 IN ITA.NO.54/2020. I.T.A.Noa

THE PRINCIPAL COMMISSIONER OF INCOME TAX vs. JOSE THOMAS

ITA/46/2020HC Kerala03 Apr 2024

Bench: HONOURABLE DR. JUSTICE A.K.JAYASANKARAN NAMBIAR,HONOURABLE MR. JUSTICE SYAM KUMAR V.M.

For Respondent: THE PRINCIPAL COMMISSIONER OF INCOME TAX

B VARGHESE(K/1300/2019) RESPONDENT/RESPONDENT/ASSESSEE: 1 SMT.GRACY BABU, PADINJAREVEETTIL,PUTHENVEEDU, ADOOR.P.O, PATHANAMTHITTA-691523. 2 ADDL.R2: FRUDDY BABU THOMAS, PADINJARE VEETTIL, KANNAMKODE, ADOOR P.O. ADOOR – PIN 691 523. 3 ADDL.R3: JUDY BABU THOMAS, PADINJARE VEETTIL, KANNAMKODE, ADOOR P.O. ADOOR – PIN 691 523. ADDL. RESPONDENTS 2 & 3 ARE IMPLEADED AS PER ORDER DATED 03.04.2024 IN I.A.NO.1/2022 IN ITA.NO.54/2020. I.T.A.Noa

THE PRINCIPAL COMMISSIONER OF INCOME TAX, vs. SMT.GRACY BABU,

ITA/54/2020HC Kerala03 Apr 2024

Bench: HONOURABLE DR. JUSTICE A.K.JAYASANKARAN NAMBIAR,HONOURABLE MR. JUSTICE SYAM KUMAR V.M.

For Respondent: THE PRINCIPAL COMMISSIONER OF INCOME TAX

B VARGHESE(K/1300/2019) RESPONDENT/RESPONDENT/ASSESSEE: 1 SMT.GRACY BABU, PADINJAREVEETTIL,PUTHENVEEDU, ADOOR.P.O, PATHANAMTHITTA-691523. 2 ADDL.R2: FRUDDY BABU THOMAS, PADINJARE VEETTIL, KANNAMKODE, ADOOR P.O. ADOOR – PIN 691 523. 3 ADDL.R3: JUDY BABU THOMAS, PADINJARE VEETTIL, KANNAMKODE, ADOOR P.O. ADOOR – PIN 691 523. ADDL. RESPONDENTS 2 & 3 ARE IMPLEADED AS PER ORDER DATED 03.04.2024 IN I.A.NO.1/2022 IN ITA.NO.54/2020. I.T.A.Noa

THE PRINCIPAL COMMISSIONER OF INCOME TAX vs. REENA JOSE

ITA/47/2020HC Kerala03 Apr 2024

Bench: HONOURABLE DR. JUSTICE A.K.JAYASANKARAN NAMBIAR,HONOURABLE MR. JUSTICE SYAM KUMAR V.M.

For Respondent: THE PRINCIPAL COMMISSIONER OF INCOME TAX

B VARGHESE(K/1300/2019) RESPONDENT/RESPONDENT/ASSESSEE: 1 SMT.GRACY BABU, PADINJAREVEETTIL,PUTHENVEEDU, ADOOR.P.O, PATHANAMTHITTA-691523. 2 ADDL.R2: FRUDDY BABU THOMAS, PADINJARE VEETTIL, KANNAMKODE, ADOOR P.O. ADOOR – PIN 691 523. 3 ADDL.R3: JUDY BABU THOMAS, PADINJARE VEETTIL, KANNAMKODE, ADOOR P.O. ADOOR – PIN 691 523. ADDL. RESPONDENTS 2 & 3 ARE IMPLEADED AS PER ORDER DATED 03.04.2024 IN I.A.NO.1/2022 IN ITA.NO.54/2020. I.T.A.Noa

THE PRINCIPAL COMMISSIONER OF INCOME TAX, vs. GRACY BABU,

ITA/48/2020HC Kerala03 Apr 2024

Bench: HONOURABLE DR. JUSTICE A.K.JAYASANKARAN NAMBIAR,HONOURABLE MR. JUSTICE SYAM KUMAR V.M.

For Respondent: THE PRINCIPAL COMMISSIONER OF INCOME TAX

B VARGHESE(K/1300/2019) RESPONDENT/RESPONDENT/ASSESSEE: 1 SMT.GRACY BABU, PADINJAREVEETTIL,PUTHENVEEDU, ADOOR.P.O, PATHANAMTHITTA-691523. 2 ADDL.R2: FRUDDY BABU THOMAS, PADINJARE VEETTIL, KANNAMKODE, ADOOR P.O. ADOOR – PIN 691 523. 3 ADDL.R3: JUDY BABU THOMAS, PADINJARE VEETTIL, KANNAMKODE, ADOOR P.O. ADOOR – PIN 691 523. ADDL. RESPONDENTS 2 & 3 ARE IMPLEADED AS PER ORDER DATED 03.04.2024 IN I.A.NO.1/2022 IN ITA.NO.54/2020. I.T.A.Noa

THE PRINCIPAL COMMISSIONER OF INCOME TAX vs. M/S.SAHYADRI CO-OPERATIVE CREDIT SOCIETY LTD.

The appeal is disposed of as indicated above

ITA/196/2019HC Kerala04 Sept 2024

Bench: HONOURABLE DR. JUSTICE A.K.JAYASANKARAN NAMBIAR,HONOURABLE MR. JUSTICE SYAM KUMAR V.M.

For Appellant: THE PRINCIPAL COMMISSIONER OF INCOME TAXFor Respondent: M/S. SAHYADRI CO-OPERATIVE CREDIT SOCIETY LTD

68 OF 2017 AGAINST THE ORDER IN ITA 340/COCH/2016 OF I.T.A.TRIBUNAL, COCHIN BENCH APPELLANT: THE PRINCIPAL COMMISSIONER OF INCOME TAX KOTTAYAM. BY ADV SRI.JOSE JOSEPH, SC, FOR INCOME TAX, RESPONDENT: M/S. SAHYADRI CO-OPERATIVE CREDIT SOCIETY LTD 1ST FLOOR, AMAL JYOTHI BUILDING, CATHEDRAL ROAD, KANJIRAPPALLY, KOTTAYAM - 686 507. BY ADVS. SRI.A.KUMAR SMT.G.MINI OTHER PRESENT: ADV NAVNEETH N NATH THIS INCOME

THE PRINCIPAL COMMISSIONER OF INCOME TAX, KOTTAYAM vs. M/S.SAHYADRI CO-OPERATIVE CREDIT SOCEITY LIMITED

The appeal is disposed of as indicated above

ITA/1/2018HC Kerala04 Sept 2024

Bench: HONOURABLE DR. JUSTICE A.K.JAYASANKARAN NAMBIAR,HONOURABLE MR. JUSTICE SYAM KUMAR V.M.

For Appellant: THE PRINCIPAL COMMISSIONER OF INCOME TAXFor Respondent: M/S. SAHYADRI CO-OPERATIVE CREDIT SOCIETY LTD

68 OF 2017 AGAINST THE ORDER IN ITA 340/COCH/2016 OF I.T.A.TRIBUNAL, COCHIN BENCH APPELLANT: THE PRINCIPAL COMMISSIONER OF INCOME TAX KOTTAYAM. BY ADV SRI.JOSE JOSEPH, SC, FOR INCOME TAX, RESPONDENT: M/S. SAHYADRI CO-OPERATIVE CREDIT SOCIETY LTD 1ST FLOOR, AMAL JYOTHI BUILDING, CATHEDRAL ROAD, KANJIRAPPALLY, KOTTAYAM - 686 507. BY ADVS. SRI.A.KUMAR SMT.G.MINI OTHER PRESENT: ADV NAVNEETH N NATH THIS INCOME

THE PRINCIPAL COMMISSIONER OF INCOME TAX, vs. VILAPPIL SERVICE CO-OPERATIVE BANK LTD.,

Appeals are allowed as indicated above

ITA/142/2019HC Kerala01 Nov 2021

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE BASANT BALAJI

Section 260ASection 80P(2)Section 80P(2)(a)Section 80P(2)(d)

3) A society carrying on transport business; 4) A society engaged in the performance of any manufacturing operations with the aid of power, where the gross total income does not exceed Rs.20,000/- (twenty thousand rupees) The income by way of interest on securities and the income from house property chargeable under Section 22. 29. From the Tabular form

THE PRINCIPAL COMMISSIONER OF INCOME TAX vs. PEROORKADA SERVICE CO-OPERATIVE BANK LTD

Appeals are allowed as indicated above

ITA/5/2020HC Kerala01 Nov 2021

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE BASANT BALAJI

Section 260ASection 80P(2)Section 80P(2)(a)Section 80P(2)(d)

3) A society carrying on transport business; 4) A society engaged in the performance of any manufacturing operations with the aid of power, where the gross total income does not exceed Rs.20,000/- (twenty thousand rupees) The income by way of interest on securities and the income from house property chargeable under Section 22. 29. From the Tabular form

THE PRINCIPAL COMMISSIONER OF INCOME TAX, vs. KANNAN DEVAN HILLS PLANTATIONS COMPANY PVT. LTD.,

ITA/147/2019HC Kerala05 Dec 2019

Bench: HONOURABLE MR.JUSTICE C.K.ABDUL REHIM,HONOURABLE MR.JUSTICE T.V.ANILKUMAR

For Respondent: STATE OF KERALA
Section 6(2)

68,04,563/-. The Assessing Officer also declined the special rebate under Section 12 since the assessee was not a registered dealer. 3. In first appeal, the addition made under section 6(2) as also the estimation made towards the probable omission and suppression on that aspect was deleted. The declining of special rebate stood confirmed. The State