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14 results for “disallowance”+ Section 29Cclear

Sorted by relevance

Delhi64Mumbai14Ahmedabad3Jaipur2Rajkot2Bangalore2Chennai2Nagpur1

Key Topics

Section 1140Section 13(1)(d)24Section 26320Section 2509Section 80G8Section 164(2)8Section 28Exemption8Section 143(3)6Deduction

INDIABULLAS HOUSING FINANCE LIMITED,MUMBAI vs. DCIT, CENTRAL CIRCLE-6(4), MUMBAI

ITA 821/MUM/2023[2018-2019]Status: DisposedITAT Mumbai18 Dec 2023AY 2018-2019
For Appellant: Shri K. Gopal &For Respondent: Shri Rakesh Garg
Section 143(1)Section 143(3)Section 14ASection 37(1)

Section 14A of the Act read with Rule 8D(2)(i) since the own funds of the Assessee were only INR 1355,19,82,325/- [as opposed to INR 12806,13,99,023/- computed by the CIT(A)] and therefore, the CIT(A) erred in arriving at the conclusion that the Assessee had sufficient interest free own funds to make

MARTIN AND HARRIS LABORATORIES LIMITED,MUMBAI vs. PRINCIPAL COMMISSIONER OF INCOME TAX (PCIT), AAYKAR BHAWAN,MUMBAI-400020

In the result, the present appeal by the Assessee is allowed

4
Addition to Income4
Disallowance3
ITA 627/MUM/2022[2017-18]Status: DisposedITAT Mumbai17 Feb 2023AY 2017-18
For Appellant: Sh. Salil Kapoor, &For Respondent: Ms. Sailja Rai
Section 143(3)Section 14ASection 263Section 263(1)Section 801CSection 80GSection 80I

disallowance under Section 14A of the Act of INR 7,96,520/-. Deduction claimed by the Appellant under Section 80IC and Section 80G of the Act were accepted by the Assessing Officer. 4. Subsequently, on perusal of the assessment records the PCIT formed an opinion that there were certain discrepancies in respect of deduction claimed under Section 80IC

NAVJBAI RATAN TATA TRUST,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX 17(2)), MUMBAI

In the result, appeal by the Revenue being ITA No

ITA 2116/MUM/2018[2014-15]Status: DisposedITAT Mumbai10 Mar 2022AY 2014-15

Bench: Shri G.S. Pannu & Shri Sandeep Singh Karhail

Section 11Section 13(1)(d)Section 164(2)Section 2Section 250

29C) of the Act. The Appellant prays that exemption under Section 11 of the Act be granted on interest income and other income (being non-prohibited investments). 4. On the facts and under the circumstances of the case and in law, the learned CIT(A) has erred in denying deduction of the income applied towards charitable purposes in India

NAVJBAI RATAN TATA TRUST,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX 17(2)), MUMBAI

In the result, appeal by the Revenue being ITA No

ITA 2115/MUM/2018[2013-14]Status: DisposedITAT Mumbai10 Mar 2022AY 2013-14

Bench: Shri G.S. Pannu & Shri Sandeep Singh Karhail

Section 11Section 13(1)(d)Section 164(2)Section 2Section 250

29C) of the Act. The Appellant prays that exemption under Section 11 of the Act be granted on interest income and other income (being non-prohibited investments). 4. On the facts and under the circumstances of the case and in law, the learned CIT(A) has erred in denying deduction of the income applied towards charitable purposes in India

ASSISTANT COMMISSIONER OF INCOME TAX 17(2)), MUMBAI vs. NAVJBAI RATAN TATA TRUST, MUMBAI

In the result, appeal by the Revenue being ITA No

ITA 1314/MUM/2018[2012-13]Status: DisposedITAT Mumbai10 Mar 2022AY 2012-13

Bench: Shri G.S. Pannu & Shri Sandeep Singh Karhail

Section 11Section 13(1)(d)Section 164(2)Section 2Section 250

29C) of the Act. The Appellant prays that exemption under Section 11 of the Act be granted on interest income and other income (being non-prohibited investments). 4. On the facts and under the circumstances of the case and in law, the learned CIT(A) has erred in denying deduction of the income applied towards charitable purposes in India

ASSISTANT COMMISSIONER OF INCOME TAX 17(2)), MUMBAI vs. NAVJBAI RATAN TATA TRUST, MUMBAI

In the result, appeal by the Revenue being ITA No

ITA 2161/MUM/2018[2013-14]Status: DisposedITAT Mumbai10 Mar 2022AY 2013-14

Bench: Shri G.S. Pannu & Shri Sandeep Singh Karhail

Section 11Section 13(1)(d)Section 164(2)Section 2Section 250

29C) of the Act. The Appellant prays that exemption under Section 11 of the Act be granted on interest income and other income (being non-prohibited investments). 4. On the facts and under the circumstances of the case and in law, the learned CIT(A) has erred in denying deduction of the income applied towards charitable purposes in India

ASSISTANT COMMISSIONER OF INCOME TAX 17(2)), MUMBAI vs. NAVJBAI RATAN TATA TRUST, MUMBAI

In the result, appeal by the Revenue being ITA No

ITA 1316/MUM/2018[2011-12]Status: DisposedITAT Mumbai10 Mar 2022AY 2011-12

Bench: Shri G.S. Pannu & Shri Sandeep Singh Karhail

Section 11Section 13(1)(d)Section 164(2)Section 2Section 250

29C) of the Act. The Appellant prays that exemption under Section 11 of the Act be granted on interest income and other income (being non-prohibited investments). 4. On the facts and under the circumstances of the case and in law, the learned CIT(A) has erred in denying deduction of the income applied towards charitable purposes in India

NAVJBAI RATAN TATA TRUST,MUMBAI vs. ADDITIONAL DIRECTOR OF INCOME TAX (EXEMPTIONS) RANGE-II(NOW ASSESSED BY THE ASSISTANT COMMISSIONER OF INCOME TAX 17(2)), MUMBAI

In the result, appeal by the Revenue being ITA No

ITA 1301/MUM/2018[2011-12]Status: DisposedITAT Mumbai10 Mar 2022AY 2011-12

Bench: Shri G.S. Pannu & Shri Sandeep Singh Karhail

Section 11Section 13(1)(d)Section 164(2)Section 2Section 250

29C) of the Act. The Appellant prays that exemption under Section 11 of the Act be granted on interest income and other income (being non-prohibited investments). 4. On the facts and under the circumstances of the case and in law, the learned CIT(A) has erred in denying deduction of the income applied towards charitable purposes in India

NAVJBAI RATAN TATA TRUST,MUMBAI vs. ADDITIONAL DIRECTOR OF INCOME TAX (EXEMPTIONS) RANGE-II(NOW ASSESSED BY THE ASSISTANT COMMISSIONER OF INCOME TAX 17(2)), MUMBAI

In the result, appeal by the Revenue being ITA No

ITA 1302/MUM/2018[2012-13]Status: DisposedITAT Mumbai10 Mar 2022AY 2012-13

Bench: Shri G.S. Pannu & Shri Sandeep Singh Karhail

Section 11Section 13(1)(d)Section 164(2)Section 2Section 250

29C) of the Act. The Appellant prays that exemption under Section 11 of the Act be granted on interest income and other income (being non-prohibited investments). 4. On the facts and under the circumstances of the case and in law, the learned CIT(A) has erred in denying deduction of the income applied towards charitable purposes in India

ASSISTANT COMMISSIONER OF INCOME TAX 17(2)), MUMBAI vs. NAVJBAI RATAN TATA TRUST, MUMBAI

In the result, appeal by the Revenue being ITA No

ITA 2162/MUM/2018[2014-15]Status: DisposedITAT Mumbai10 Mar 2022AY 2014-15

Bench: Shri G.S. Pannu & Shri Sandeep Singh Karhail

Section 11Section 13(1)(d)Section 164(2)Section 2Section 250

29C) of the Act. The Appellant prays that exemption under Section 11 of the Act be granted on interest income and other income (being non-prohibited investments). 4. On the facts and under the circumstances of the case and in law, the learned CIT(A) has erred in denying deduction of the income applied towards charitable purposes in India

PRASAD SIDDHARTH THORAT,MUMBAI vs. ASSESSING OFFICER, KAUTILYA BHAVAN

In the result the appeal filed by the assessee stands dismissed

ITA 5504/MUM/2025[2019-20]Status: DisposedITAT Mumbai07 Jan 2026AY 2019-20

Bench: Shri Sandeep Gosaina.Ys: 2019-20

Section 250Section 29ASection 80G

disallowance of Rs. 2,00,000/- claimed u/s 80GGC of the Act despite the fact that the assessee had made donations through account payee cheque through banking channels to the political party which was duly registered u/s 29A of the representation of peoples Act 1951. 7. Ld. AR also drawn my attention to the fact that the requisite documentary evidences

VIJAY RAAZ ,GODBUNDAR ROAD, DIST. THANE vs. WARD 16(1)(5), MUMBAI

In the result, the appeal filed by the assessee is hereby dismissed

ITA 3416/MUM/2025[2020-2021]Status: DisposedITAT Mumbai30 Jan 2026AY 2020-2021

Bench: Shri Om Prakash Kant, Am & Ms. Kavitha Rajagopal, Jm Vijay Raaz Ward 16(1)(5), Mumbai Cottage No. B-13, Cosmos Hawaiian, Near Blue Roof Club, Ghodbunder Vs. Road, Thane, West 400 601. Pan/Gir No. Adlpr8784L (Appellant) (Respondent) :

For Respondent: Shri Vivek Perampurna (CIT-DR)
Section 143(3)Section 263Section 29ASection 80G

disallowance as to the deduction claimed u/s. 80GGC of the Act, thereby directing the ld.AO to pass a de novo assessment order after making necessary enquiries and providing the assessee with sufficient opportunity. 5. Aggrieved the assessee is in appeal before us, challenging the order of ld. PCIT on the grounds mentioned above. 6. The learned Authorised Representative

DCIT, CENTRAL CIRCLE-4(3), MUMBAI vs. MANGAL ROYAL JEWELS PVT. LTD., MUMBAI

In the result, the appeal filed by the revenue is dismissed and the appeal filed by the asseees is allowed

ITA 3274/MUM/2022[2017-18]Status: DisposedITAT Mumbai29 Nov 2023AY 2017-18

Bench: Shri Br Baskaranshri Pavan Kumar Gadalem/S Mangal Royal Vs. Acit-Cc-1(3), Jewels Pvt Ltd. 29C, Room No.905, 9Thfoor, Shyam Kamal Co- Old Cgo Bldg,Annexe, Operative Housing M.K. Road, Society Ltd, Agarwal Mumbai-400020. Market, M.G. Road, Vile Parle (E), Mumbai-400057. Pan/Gir No. : Aaicm0846R Appellant .. Respondent Dy.Cit-Cc 4(3), Vs. M/S Mangal Royal Central Range-4, Jewels Pvt Ltd. 29C, Room No.1921, Shyam Kamal Co- 19Th Floor, Air India Operative Housing Bldg, Nariman Point, Society Ltd, Agarwal Mumbai-400021. Market, M.G. Road, Vile Parle (E), Mumbai-400057 Pan/Gir No. : Aaicm0846R Appellant .. Respondent Appellant/Respondent Mr.Poojan Mehta.Ar By : Respondent/Appellant By Mr.Prakash Kishinchandani.Dr Date Of Hearing 08.09.2023 Date Of Pronouncement 28.11.2023

Section 131Section 132Section 143(1)

29C, Room No.1921, Shyam Kamal Co- 19th Floor, Air India operative Housing Bldg, Nariman Point, Society Ltd, Agarwal Mumbai-400021. market, M.G. Road, Vile Parle (E), Mumbai-400057 PAN/GIR No. : AAICM0846R Appellant .. Respondent Appellant/Respondent Mr.Poojan Mehta.AR by : Respondent/Appellant by Mr.Prakash Kishinchandani.DR Date of Hearing 08.09.2023 Date of Pronouncement 28.11.2023 ITA No. 3062 & 3274/Mum/2022 Mangal Royal Jewels Pvt Ltd, Mumbai. आदेश

MANGAL ROYAL JEWELS PVT. LTD.,MUMBAI vs. ACIT, CENTRAL CIRCLE-1(3), MUMBAI

In the result, the appeal filed by the revenue is dismissed and the appeal filed by the asseees is allowed

ITA 3062/MUM/2022[2017-18]Status: DisposedITAT Mumbai29 Nov 2023AY 2017-18

Bench: Shri Br Baskaranshri Pavan Kumar Gadalem/S Mangal Royal Vs. Acit-Cc-1(3), Jewels Pvt Ltd. 29C, Room No.905, 9Thfoor, Shyam Kamal Co- Old Cgo Bldg,Annexe, Operative Housing M.K. Road, Society Ltd, Agarwal Mumbai-400020. Market, M.G. Road, Vile Parle (E), Mumbai-400057. Pan/Gir No. : Aaicm0846R Appellant .. Respondent Dy.Cit-Cc 4(3), Vs. M/S Mangal Royal Central Range-4, Jewels Pvt Ltd. 29C, Room No.1921, Shyam Kamal Co- 19Th Floor, Air India Operative Housing Bldg, Nariman Point, Society Ltd, Agarwal Mumbai-400021. Market, M.G. Road, Vile Parle (E), Mumbai-400057 Pan/Gir No. : Aaicm0846R Appellant .. Respondent Appellant/Respondent Mr.Poojan Mehta.Ar By : Respondent/Appellant By Mr.Prakash Kishinchandani.Dr Date Of Hearing 08.09.2023 Date Of Pronouncement 28.11.2023

Section 131Section 132Section 143(1)

29C, Room No.1921, Shyam Kamal Co- 19th Floor, Air India operative Housing Bldg, Nariman Point, Society Ltd, Agarwal Mumbai-400021. market, M.G. Road, Vile Parle (E), Mumbai-400057 PAN/GIR No. : AAICM0846R Appellant .. Respondent Appellant/Respondent Mr.Poojan Mehta.AR by : Respondent/Appellant by Mr.Prakash Kishinchandani.DR Date of Hearing 08.09.2023 Date of Pronouncement 28.11.2023 ITA No. 3062 & 3274/Mum/2022 Mangal Royal Jewels Pvt Ltd, Mumbai. आदेश