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5 results for “section 68”+ Section 206C(6)clear

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Key Topics

Section 2637Addition to Income4Reassessment3Section 682

ITO, WARD - 3(4), KOLKATA, KOLKATA vs. M/S. CHITRAVALI SALES (P) LTD., KOLKATA

In the result, the appeal of the revenue is dismissed and cross objection of the assessee is allowed

ITA 1258/KOL/2010[2006-07]Status: DisposedITAT Kolkata10 Aug 2016AY 2006-07

Bench: Shri M. Balaganesh, Am & Shri S. S. Viswanethra Ravi, Jm]

For Appellant: Shri Subash Agarwal, Advocate &For Respondent: Shri Niraj Kumar, CIT, DR
Section 133(6)Section 143(3)(ii)Section 68

206C(4) of the Act. The details of total advances of Rs. 8,02,84,884/- were furnished by the assessee before the ld AO containing the name, address, mode of payment, DD particulars, bank name, amount etc which are enclosed in the paper book of the assessee. The ld AO proceeded to issue notices u/s 133(6

MONIKA MONDAL,KOLKATA vs. PCIT, ASANSOL

In the result, the appeal of the assessee is allowed

ITA 198/KOL/2022[2017-18]Status: DisposedITAT Kolkata13 Jan 2023AY 2017-18

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Girish Agrawali.T.A. No. 198/Kol/2022 Assessment Year: 2017-2018

Section 143(2)Section 143(3)Section 263Section 270A

6 Assessment Year: 2017-2018 Monika Mondal 10. We have duly considered the contentions of ld. A.R. and gone through the record carefully. Before we embark upon an enquiry on the facts and issues agitated before us to find out whether the action u/s 263 of the Act, deserves to be taken against the assessee or not, it is pertinent

ADIT(IT)-3(1), KOLKATA, KOLKATA vs. THE TIMKEN COMPANY, KOLKATA

In the result appeals for AY 2004-05 to 2007-08 are allowed

ITA 387/KOL/2010[2002-03]Status: DisposedITAT Kolkata29 Nov 2017AY 2002-03

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

For Appellant: Shri Ravi Sharma, ARFor Respondent: Shri N.B.Som, Addl. CIT, Sr.DR

6 non-resident corporate assessee, at the rate of 20 per cent of such fees. A similar presumptive basis of taxation on gross basis is contained in Sec.44AC of the Act and the Hon’ble Supreme Court in the case of Union of India vs. A. Sanyasi Rao & Ors. 219 ITR 330 (SC) held that in case of presumptive basis

THE TIMKEN COMPANY,KOLKATA vs. THE DDIT, INTERNATIONAL TAXATION - 3(1),KOLKATA, KOLKATA

In the result appeals for AY 2004-05 to 2007-08 are allowed

ITA 1268/KOL/2014[2005-06]Status: DisposedITAT Kolkata29 Nov 2017AY 2005-06

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

For Appellant: Shri Ravi Sharma, ARFor Respondent: Shri N.B.Som, Addl. CIT, Sr.DR

6 non-resident corporate assessee, at the rate of 20 per cent of such fees. A similar presumptive basis of taxation on gross basis is contained in Sec.44AC of the Act and the Hon’ble Supreme Court in the case of Union of India vs. A. Sanyasi Rao & Ors. 219 ITR 330 (SC) held that in case of presumptive basis

THE TIMKEN COMPANY,KOLKATA vs. A.D.I.T (INTERNATIONAL TAXATION) - II,KOLKATA, KOLKATA

In the result appeals for AY 2004-05 to 2007-08 are allowed

ITA 2139/KOL/2013[2004-05]Status: DisposedITAT Kolkata29 Nov 2017AY 2004-05

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

For Appellant: Shri Ravi Sharma, ARFor Respondent: Shri N.B.Som, Addl. CIT, Sr.DR

6 non-resident corporate assessee, at the rate of 20 per cent of such fees. A similar presumptive basis of taxation on gross basis is contained in Sec.44AC of the Act and the Hon’ble Supreme Court in the case of Union of India vs. A. Sanyasi Rao & Ors. 219 ITR 330 (SC) held that in case of presumptive basis