Search: disallowance | BharatTax

Search ITAT High Courts Supreme Court Phrases AI Research History

Filters

Sort by

Assessment Year

Order Date From

Order Date To

Judge Name

BharatTax.net

Free search engine for ITAT (Income Tax Appellate Tribunal) judgments across all 28 benches in India.

Quick Links

Search Judgments
Browse by Bench
Recent Judgments

About

BharatTax provides free access to Income Tax Appellate Tribunal orders for legal research and reference.

© 2026 BharatTax.net. All rights reserved.

24 results for “disallowance”+ Section 43Dclear

Sorted by relevance

Mumbai133 Chennai74 Delhi63 Bangalore43 Hyderabad38 Kolkata24 Pune22 Ahmedabad14 Chandigarh6 SC6 Cochin5 Rajkot5 Karnataka4 Telangana4 Surat3 Jabalpur3 Himachal Pradesh2 Jaipur2 Dehradun2 Patna2 Nagpur2 Punjab & Haryana1 Kerala1 Calcutta1 Amritsar1 Visakhapatnam1

Key Topics

Section 43B27 Addition to Income14 Section 43D12 Section 4012 Disallowance12 Section 143(3)10 Deduction7 Section 143(1)5 Section 33A5 Section 144C(13)

M/S. FUTURE DISTRIBUTORS,KOLKATA vs. PR.CIT, KOLKATA - 9, KOLKATA, KOLKATA

In the result, the appeal of the assessee is allowed

ITA 277/KOL/2016[2010-2011]Status: DisposedITAT Kolkata29 Jul 2016AY 2010-2011

Bench: Shri P.M. Jagtap & Shri S.S. Viswanethra Ravi

Section 131Section 133ASection 143(3)Section 145(3)Section 263Section 40

43D of the Act. It was also noted that section 40 provides for certain disallowances in certain cases notwithstanding that

DCIT, CIR-2(1), KOLKATA, KOLKATA vs. M/S ROYAL BANK OF SCOTLAND N.V., KOLKATA

Accordingly, the Ground Nos. (iv) to (vi) raised by the revenue are dismissed

Showing 1–20 of 24 · Page 1 of 2

4

Survey u/s 133A3

ITA 503/KOL/2016[2012-2013]Status: DisposedITAT Kolkata05 Sept 2018AY 2012-2013

Bench: Hon’Ble Shri Aby. T. Varkey, Jm & Shri M.Balaganesh, Am ] I.T.A No. 503/Kol/2016 Assessment Year : 2011-12 Dcit (It), Circle-2(1), Kolkata -Vs- M/S Royal Bank Of Scotland N.V. [Pan: Aacca 6818 K] (Appellant) (Respondent) I.T.A No. 505/Kol/2016 Assessment Year : 2011-12 M/S Royal Bank Of Scotland N.V. -Vs- Dcit (It), Circle-2(1), Kolkata [Pan: Aacca 6818 K] (Appellant) (Respondent)

For Appellant: Shri R. N. Bajoria, ARFor Respondent: Shri G. Mallikarjuna, CIT DR

Section 144C(13)Section 144C(5)Section 43D

section 43D of the Act read with Rule 6EA of the Rules permits accounting of interest income on receipt basis only if the loan account had become overdue for more than six months, whereas in the instant case, it is more than three months but less than six months as on 31.3.2011. The loan account becoming overdue and becoming sticky

THE ROYAL BANK OF SCOTLAND N.V.,KOLKATA vs. DCIT, (IT) - 2(1), KOLKATA, KOLKATA

Accordingly, the Ground Nos. (iv) to (vi) raised by the revenue are dismissed

ITA 505/KOL/2016[2011-2012]Status: DisposedITAT Kolkata05 Sept 2018AY 2011-2012

Bench: Hon’Ble Shri Aby. T. Varkey, Jm & Shri M.Balaganesh, Am ] I.T.A No. 503/Kol/2016 Assessment Year : 2011-12 Dcit (It), Circle-2(1), Kolkata -Vs- M/S Royal Bank Of Scotland N.V. [Pan: Aacca 6818 K] (Appellant) (Respondent) I.T.A No. 505/Kol/2016 Assessment Year : 2011-12 M/S Royal Bank Of Scotland N.V. -Vs- Dcit (It), Circle-2(1), Kolkata [Pan: Aacca 6818 K] (Appellant) (Respondent)

For Appellant: Shri R. N. Bajoria, ARFor Respondent: Shri G. Mallikarjuna, CIT DR

Section 144C(13)Section 144C(5)Section 43D

section 43D of the Act read with Rule 6EA of the Rules permits accounting of interest income on receipt basis only if the loan account had become overdue for more than six months, whereas in the instant case, it is more than three months but less than six months as on 31.3.2011. The loan account becoming overdue and becoming sticky

EXIDE INDUSTRIES LIMITED,KOLKATA vs. ADDL. CIT, RANGE - 1, KOLKATA, KOLKATA

In the result, the appeal of the assessee for A

ITA 189/KOL/2007[2003-04]Status: DisposedITAT Kolkata20 Jan 2016AY 2003-04

Bench: Shri P.M. Jagtap & Shri S.S. Viswanethra Ravi

Section 40Section 90(2)

disallowance. The assesese challenged the constitutional validity of Clause (f) inserted in Section 43B before the Hon’ble Calcutta High I.T.A. No. 189/KOL./2007 Assessment year: 2003-2004 & I.T.A. No. 1414/KOL/2007 Assessment Year : 2004-2005 Page 13 of 22 Court by way of a Writ Petition and although the same was initially dismissed by the Single Bench, it was admitted

SHRI HRIBU BOSE,ASANSOL vs. I.T.O, WARD-1(2), ASANSOL, ASANSOL

In the result, the appeal filed by the assessee in ITA

ITA 2214/KOL/2013[2009-10]Status: DisposedITAT Kolkata30 Sept 2016AY 2009-10

Bench: Shri P.M Jagtap & Shri S.S.Viswanethra Ravi

Section 194Section 40Section 68

43D. Section 40 provides for certain disallowances in certain cases notwithstanding that those amounts are allowed generally under other sections

DCIT, CIR-4, KOLKATA, KOLKATA vs. M/S STAR PAPER MILLS LTD., KOLKATA

In the result, the appeal filed by the revenue is partly allowed for statistical purpose

ITA 480/KOL/2014[2008-2009]Status: DisposedITAT Kolkata22 Mar 2017AY 2008-2009

Bench: Shri M.Balaganesh & Shri S.S. Viswanethra Ravi

disallowance. The assesese challenged the constitutional validity of Clause (f) inserted in Section 43B before the Hon’ble Calcutta High Court by way of a Writ Petition and although the same was initially dismissed by the Single Bench, it was admitted and ruled in favour of the assessee by the Division Bench of the Hon’ble Calcutta High Court

M/S PUNJAB GLASS DEPOT,KOLKATA vs. ITO, WARD - 35(1), KOLKATA

In the result, the appeal of the assessee is allowed in part

ITA 379/KOL/2017[2013-14]Status: DisposedITAT Kolkata18 May 2018AY 2013-14

Bench: Hon’Ble Shri J.Sudhakar Reddy, Am & Hon’Ble Shri S.S. Viswanethra Ravi, Jm ] I.T.A No. 379/Kol/2017 Assessment Year : 2013-14 M/S Punjab Glass Depot -Vs- Ito, Ward-35(1), Kolkata [Pan: Aaffp 9629 K ] (Appellant) (Respondent)

For Appellant: Shri Miraj D ShahFor Respondent: Shri A. Bhattacharjee, Addl. CIT

Section 133ASection 143(1)Section 143(3)Section 40

43D. Section 40 provides for certain disallowances in certain cases notwithstanding that those amounts are allowed generally under other sections

DCIT,CIRCLE-6, KOLKATA, KOLKATA vs. WEST BENGAL INDUSTRIAL DEVELOPMENT CORPORATION LTD., KOLKATA

In the result, the appeals being ITA Nos

ITA 1376/KOL/2009[2002-03]Status: DisposedITAT Kolkata16 Dec 2015AY 2002-03

Bench: Shri P.M. Jagtap & Shri S.S. Viswanethra Ravi

Section 143(3)Section 254

section 43D are applicable in case of debenture also. Respectfully following the judicial pronouncements, we uphold the impugned order of the ld. CIT(Appeals) deleting the addition made by the Assessing Officer on account of interest accrued on debentures and dismiss the appeal of the revenue for assessment year 2002-03. 8. As regards the Revenue’s appeal

SAUNAK MITRA,KOLKATA vs. ACIT, CIR-25, KOLKATA, KOLKATA

In the result, the appeal filed by the assessee is partly allowed

ITA 1252/KOL/2017[2009-10]Status: DisposedITAT Kolkata08 Oct 2018AY 2009-10

Bench: Shri S. S. Godara, Jm & Dr. A.L. Saini, Am Saunak Mitra Vs. Acit, Circle-25, Kolkata 39, Mahanirban Road, Ground Floor, Aayakar Bhawan, 2, Kolkata – 700 029. Gariahat Road South, Kolkata – 700 068. "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Ahspm 6241 J (अपीलाथ" /Appellant) (""यथ" / Respondent) ..

For Appellant: Shri K. M. Roy, FCAFor Respondent: Shri A. Bhattacharjee, Addl. CIT

Section 143(1)Section 143(2)Section 143(3)Section 194CSection 40

43D. Section 40 provides for certain disallowances in certain cases notwithstanding that those amounts are allowed generally under other sections

KALPATARU ELECTRICALS,KOLKATA vs. ITO, WD-50(1), KOLKATA, KOLKATA

In the result, the appeal of the assessee is partly allowed

ITA 759/KOL/2015[2004-2005]Status: DisposedITAT Kolkata27 Sept 2019AY 2004-2005

Bench: "ी जे. सुधाकर रे"डी, लेखा सद"य एवं/And "ी ऐ. ट". वक", "यायीक सद"य) [Before Shri J. Sudhakar Reddy, Am & Shri A. T. Varkey, Jm]

Section 133ASection 143(1)Section 144Section 147Section 148

43D. Section 40 provides for certain disallowances in certain cases notwithstanding that those amounts are allowed generally under other sections

SUPRAKASH DAS.,PURBA MEDINIPUR vs. I.T.O WD - I ,HALDIA, PURBA MEDINIPUR

In the result, the appeal of the assessee is allowed for statistical purpose as stated above

ITA 164/KOL/2013[2006-07]Status: DisposedITAT Kolkata06 Apr 2016AY 2006-07

Bench: : Shri N.V. Vasudevan & Shri M. Balaganesh

For Appellant: Shri K.L. Bhowmick, Advocate, ld.ARFor Respondent: Shri Sallong Yaden, JCIT, ld.Sr.DR

Section 133(6)Section 143Section 143(3)Section 145(3)Section 40A(3)

43D of the Act. Section 40 provides for certain disallowances in certain cases notwithstanding that those amounts are allowed generally

DCIT, (IT), 2(1), KOLKATA, KOLKATA vs. M/S THE ROYAL BANK OF SCOTLAND N.V., KOLKATA

In the result, the appeal of the revenue in ITA No

ITA 496/KOL/2015[2010-2011]Status: DisposedITAT Kolkata14 Oct 2016AY 2010-2011

Bench: Shri N. V. Vasudevan, Jm & Shri M. Balaganesh, Am]

For Appellant: Shri R.N.Bajoria Sr. Advocate &For Respondent: Shri G. Mallikarjuna, CIT, DR

Section 143(3)Section 43D

43D of the Act read with Rule 6EA of the Rules permits accounting of interest income on receipt basis only if the loan account had become overdue for more than six months, whereas in the instant case, it is more than three months but less than six months as on 31.3.2010. The loan account becoming overdue and becoming sticky

THE ROYAL BANK OF SCOTLAND N.V.,KOLKATA vs. DCIT, ( INTERNATIONAL TAXATION) CIR-2(1), KOLKATA, KOLKATA

In the result, the appeals of the assessee are partly allowed for statistical purposes

ITA 1885/KOL/2017[2013-14]Status: DisposedITAT Kolkata14 Sept 2018AY 2013-14

Bench: Hon’Ble Shri S.S.Godara, Jm & Shri M.Balaganesh, Am ] I.T.A Nos. 36 & 1885/Kol/2017 Assessment Year : 2012-13 & 2013-14 M/S Royal Bank Of Scotland N.V. -Vs- Dcit (It), Circle-2(1), Kolkata [Pan: Aacca 6818 K] (Appellant) (Respondent)

For Appellant: Shri R. N. Bajoria, ARFor Respondent: Shri G. Mallikarjuna, CIT DR

Section 144C(13)Section 43D

section 43D of the Act read with Rule 6EA of the Rules permits accounting of interest income on receipt basis only if the loan account had become overdue for more than six months, whereas in the instant case, it is more than three months but less than six months as on 31.3.2011. The loan account becoming overdue and becoming sticky

THE ROYAL BANK OF SCOTLAND N.V.,KOLKATA vs. DCIT, ( INTERNATIONAL TAXATION) CIR-2(1), KOLKATA, KOLKATA

In the result, the appeals of the assessee are partly allowed for statistical purposes

ITA 36/KOL/2017[2012-13]Status: DisposedITAT Kolkata14 Sept 2018AY 2012-13

Bench: Hon’Ble Shri S.S.Godara, Jm & Shri M.Balaganesh, Am ] I.T.A Nos. 36 & 1885/Kol/2017 Assessment Year : 2012-13 & 2013-14 M/S Royal Bank Of Scotland N.V. -Vs- Dcit (It), Circle-2(1), Kolkata [Pan: Aacca 6818 K] (Appellant) (Respondent)

For Appellant: Shri R. N. Bajoria, ARFor Respondent: Shri G. Mallikarjuna, CIT DR

Section 144C(13)Section 43D

section 43D of the Act read with Rule 6EA of the Rules permits accounting of interest income on receipt basis only if the loan account had become overdue for more than six months, whereas in the instant case, it is more than three months but less than six months as on 31.3.2011. The loan account becoming overdue and becoming sticky

PRAFULLA KUMAR GHOSH,MALDA vs. ITO,WARD-2, MALDA, MALDA

In the result, the appeal of the assessee is partly allowed

ITA 686/KOL/2012[2006-07]Status: DisposedITAT Kolkata18 Sept 2015AY 2006-07

Bench: Shri Mahavir Singh, Jm & Shri M.Balaganesh, Am] Assessment Year : 2006-07 (Appellant ) (Respondent) Prafulla Kumar Ghosh -Versus- I.T.O., Ward-2, Malda Malda (Pan:Adhpg 8048 C) For The Appellant : Shri K.M.Roy, Fca For The Respondent : Shri S.S.Alam, Jcit Date Of Hearing : 10.09.2015. Date Of Pronouncement : 18.09.2015. Order Per Shri M.Balaganesh, Am 1. This Appeal Of The Assessee Arises Out Of The Order Of The Learned Cita In Appeal No. 279/Mld/Cit(A)/Jal/08-09 Dated 02.03.2012 For The Asst Year 2006-07 Arising Out Of The Order Of The Learned Assessing Officer Framed U/S 143(3) Of The Income Tax Act, 1961 (Hereinafter Referred To As The ‘Act’).

For Appellant: Shri K.M.Roy, FCAFor Respondent: Shri S.S.Alam, JCIT

Section 133(6)Section 142ASection 143(3)Section 145(3)Section 69B

43D of the Act. Section 40provides for certain disallowances in certain cases notwithstanding that those amounts are allowed 9 Prafulla

EXIDE INDUSTRIES LTD.,KOLKATA vs. D.C.I.T CIR - 1,KOLKATA., KOLKATA

In the result the appeal of the assessee is partly allowed

ITA 170/KOL/2013[2005-06]Status: DisposedITAT Kolkata02 Mar 2016AY 2005-06

Bench: Hon’Ble Shri N.V.Vasudevan, Jm & Shri M.Balaganesh, Am ] Assessment Year : 2005-06

For Appellant: Shri Anup Sinha, AR & Shri Bishan Kr.Seal, ACAFor Respondent: Shri Sachidananda Srivastava, CIT,DR

Section 43BSection 43D

disallowance. The assesese challenged the constitutional validity of Clause (f) inserted in Section 43B before the Hon’ble Calcutta High Court by way of a Writ Petition and although the same was initially dismissed by the Single Bench, it was admitted and ruled in favour of the assessee by the Division Bench of the Hon’ble Calcutta High Court

EXIDE INDUSTRIES LTD.,KOLKATA vs. D.C.I.T CIR - 1,KOLKATA., KOLKATA

In the result, the appeal of the assessee is partly allowed as indicated above

ITA 712/KOL/2013[2008-2009]Status: DisposedITAT Kolkata19 Oct 2016AY 2008-2009

Bench: Shri M.Balaganesh & Shri S.S. Viswanethra Ravi

Section 43BSection 43D

disallowance. The assesese challenged the constitutional validity of Clause (f) inserted in Section 43B before the Hon’ble Calcutta High Court by way of a Writ Petition and although the same was initially dismissed by the Single Bench, it was admitted and ruled in favour of the assessee by the Division Bench of the Hon’ble Calcutta High Court

LANDIS+GYR LIMITED,SOUTH 24 PARGANAS vs. DCIT, CIRCLE-1(A), KOLKATA, KOLKATA

In the result, the appeal of the assessee is partly allowed

ITA 524/KOL/2017[2012-13]Status: DisposedITAT Kolkata17 Oct 2018AY 2012-13

Bench: Hon’Ble Shri J. Sudhakar Reddy, Am & Shri S.S. Viswanethra Ravi, Jm ] I.T.A No. 524/Kol/2017 Assessment Year : 2012-13

For Appellant: Shri Kamal Sawhney, ARFor Respondent: Shri G. Mallikarjuna, CIT, DR

Section 144C(5)Section 92C

43D. Section 57- The income chargeable under the head ‘income from other sources’ shall be computed after making the following deductions, namely – …………………….. 13 14 M/s Landis + Gyr Ltd. A.Yr.2012-13 34.2.6. In our considered opinion, what section 23 of MSMED Act, 2006 contemplates or refers to was the ‘income’ mentioned in section

ALLAHABAD BANK,KOLKATA vs. ACIT, CIRCLE - 6, KOLKATA

In the result the appeal of the assessee is allowed

ITA 2967/KOL/2003[2000-01]Status: DisposedITAT Kolkata09 Dec 2015AY 2000-01

Bench: Hon’Ble Shri N.V.Vasudevan, Jm & Shri Waseem Ahmed, Am] Assessment Year : 2000-01

For Appellant: Shri B.K.Ghosh, FCA & Sjhri Piyush Dey, FCAFor Respondent: Shri G.Mallikarjuna, CIT(DR)

Section 29Section 30Section 37

43D as such, the same cannot allowed as per section 29 of' the Income Tax Act., Therefore, a wrong accounting entry in respect of the. income in earlier years cannot be claimed as deduction as .expenditure in the later years when such entry is reversed in the Accounts. Accordingly this ground of appeal is dismissed.” 5. Aggrieved by the order

M/S APEEJAY TEA LIMITED(MARGED WITH APEEJAY SURRENDRA CORPORATE SERVICES LTD.),KOLKATA vs. D.C.I.T CC - III,KOLKATA, KOLKATA

In the result, appeal of the Assessee is allowed

ITA 2456/KOL/2013[2009-10]Status: DisposedITAT Kolkata02 Dec 2016AY 2009-10

Bench: Hon’Ble Shri P.M.Jagtap, Am & Sri N.V.Vasudevan, Jm ]

For Appellant: Shri Manish Tiwari, FCAFor Respondent: Md.Ghayas Uddin, JCIT,Sr.DR

43D and 40 per cent of the income so computed alone can be assessed under the Act. Sec. 41(2) falls within the scope of s. 29 and only 40 per cent of such income can be subjected to tax under the Act. There cannot be a separate computation of the income under s. 41(2). Under