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9,790 results for “section 68”

Sorted by relevance

Delhi11,038 Mumbai9,790 Kolkata3,253 Bangalore2,602 Ahmedabad2,259 Chennai2,209 Jaipur1,576 Hyderabad1,447 Pune1,342 Surat963 Chandigarh908 Indore843 Karnataka811 Cochin642 Rajkot503 Raipur460 Visakhapatnam423 Lucknow322 Nagpur300 Amritsar274 Agra260 Cuttack244 Guwahati236 Calcutta180 Telangana168 Patna161 Ranchi152 Jodhpur148 SC132 Jabalpur120 Panaji109 Dehradun108 Allahabad104 Varanasi50 Rajasthan22 Orissa15 Kerala13 Punjab & Haryana7 A.K. SIKRI ROHINTON FALI NARIMAN5 Uttarakhand4 Gauhati3 Andhra Pradesh2 ASHOK BHAN DALVEER BHANDARI2 ANIL R. DAVE SHIVA KIRTI SINGH1 K.S. RADHAKRISHNAN A.K. SIKRI1 Himachal Pradesh1 Tripura1 A.K. SIKRI N.V. RAMANA1 HARJIT SINGH BEDI CHANDRAMAULI KR. PRASAD1 ARIJIT PASAYAT C.K. THAKKER1

Key Topics

Section 68106 Addition to Income72 Section 143(3)61 Section 14A56 Disallowance34 Section 14731 Section 14831 Section 44A29 Section 25026 Section 153A

M/S JR FIBER GLASS INDUSTRIES PVT LTD,MUMBAI vs. NATIONAL FACELESS APPEAL CENTRE, MUMBAI

In the result, the appeal of the assessee is allowed

ITA 2848/MUM/2023[2008-2009]Status: DisposedITAT Mumbai31 Jan 2024AY 2008-2009

For Appellant: \nShri Satyaprakash SinghFor Respondent: \nMs. Kavitha Kaushik (Sr. AR)

Section 133(6)Section 147Section 68

section 68, we notice nothing in section 68 to\nshow that the scope of the inquiry under section 68 by the Revenue

VODAFONE INDIA LIMITED,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 7(3), MUMBAI

In the result, the appeal of the assessee is allowed

Showing 1–20 of 9,790 · Page 1 of 490

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25

Unexplained Cash Credit21

ITA 1835/MUM/2018[2006-07]Status: Disposed

ITAT Mumbai

28 Aug 2020

AY 2006-07

For Appellant: Shri P.J. Pardiwala and Shri Nitesh JoshiFor Respondent: Shri Parag Vyas (Special Counsel of Deptt)

Section 143(3)Section 144C(13)Section 220(2)Section 263Section 271(1)(c)Section 68

Section 68 of the Act. 2.30 It is evident from a bare reading of Section 68 that the section seeks

RAHEJA LEGENCY TRUST,MUMBAI vs. ACIT, CIR-22(1), MUMBAI

In the result, the appeal of the assessee is partly allowed and appeal filed by the Revenue is dismissed

ITA 2268/MUM/2024[2018-19]Status: DisposedITAT Mumbai28 Jan 2025AY 2018-19

Bench: Shri Saktijit Dey & Shri Amarjit Singhassessment Year: 2018-19

For Appellant: Shri Bharat Raichandani & Bhagrati SahuFor Respondent: Smt. Sanyogita Nagpal, CIT/DR

Section 250Section 68

section 68 of the Act. If the provisions of Section 68 do not apply to the opening balances of the loans

ACIT CIRCLE-22(1), MUMBAI vs. RAHEJA LEGACY TRUST, MUMBAI

In the result, the appeal of the assessee is partly allowed and appeal filed by the Revenue is dismissed

ITA 2826/MUM/2024[2018-19]Status: DisposedITAT Mumbai28 Jan 2025AY 2018-19

Bench: Shri Saktijit Dey & Shri Amarjit Singhassessment Year: 2018-19

For Appellant: Shri Bharat Raichandani & Bhagrati SahuFor Respondent: Smt. Sanyogita Nagpal, CIT/DR

Section 250Section 68

section 68 of the Act. If the provisions of Section 68 do not apply to the opening balances of the loans

LUMINANT INVESTMENTS LTD ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE -40, MUMBAI

In the result, the appeal of the assessee is dismissed

ITA 4356/MUM/2024[2006-07]Status: DisposedITAT Mumbai31 Jul 2025AY 2006-07

Bench: Shri Om Prakash Kant () & Shri Sandeep Singh Karhail () Assessment Year: 2006-07 Luminant Investments Ltd., Dy. Cit Central Circle 40, (Formerly Known As Luminant Aayakar Bhavan, M.K. Road, Vs. Investment Pvt. Ltd.) Mumbai-400020. 121, Radha Bhuvan, 1St Floor, Nagindas Master Road, Fort, Mumbai-400023. Pan No. Aaacl 0834 A Appellant Respondent

For Appellant: Mr. Rajesh Kumar Yadav, CIT-DRFor Respondent: None

section 68 of a an addition under section 68 of a sum of Rs 27,78,50,000, being sum of Rs 27,78,50,000, being

M/S RENUKAMATA MULTI STATE CO-OP. URBAN CREDITN SOC. LTD.,MUMBAI vs. THE ASSTT. CIT, CC-4(4), MUMBAI

In the result, the appeal by the assessee is partly allowed, while the\nappeal by the Revenue is dismissed

ITA 1726/MUM/2023[2017-18]Status: DisposedITAT Mumbai30 Jul 2024AY 2017-18

For Appellant: Shri Dharmendra KansaraFor Respondent: Ms. Mahita Nair

Section 142Section 153DSection 250Section 68

section 68 of the Act.\n4. Addition under section 68 of the Act for aggregate demand draft/ at par\ncheque

RAKESH JAIN,MUMBAI vs. NATIONAL FACELESS APPEAL CENTRE (NFAC), DELHI

In the result the appeal filed by the assessee stands allowed

ITA 546/MUM/2025[2017-18]Status: DisposedITAT Mumbai04 Dec 2025AY 2017-18

Section 115Section 144Section 145Section 156Section 250Section 274Section 68

section 68 of the Income Tax Act, after\nrejection of books of accounts under section 145, by the AO is not\njustifiable

M/S RENUKAMATA MULTI STATE CO-OP. URBAN CREDITN SOC. LTD.,MUMBAI vs. THE ASSTT. CIT, CC-4(4), MUMBAI

ITA 1725/MUM/2023[2016-17]Status: DisposedITAT Mumbai30 Jul 2024AY 2016-17

For Appellant: Shri Dharmendra KansaraFor Respondent: Ms. Mahita Nair

Section 142Section 153DSection 250Section 68

section 68 of the Act.\n\n4. Addition under section 68 of the Act for aggregate demand draft/ at par\ncheque

SHRI RENUKAMATA MULTI-STATE CO-OPERATIVE URBAN SOCIETY LTD,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 4(4), MUMBAI

ITA 1727/MUM/2023[2018-2019]Status: DisposedITAT Mumbai30 Jul 2024AY 2018-2019

For Appellant: Shri Dharmendra KansaraFor Respondent: Ms. Mahita Nair

Section 142Section 153DSection 250Section 68

section 68 of the Act.\n4. Addition under section 68 of the Act for aggregate demand draft/ at par\ncheque

JCIT (OSD), CC-4(4), MUMBAI vs. M/S. SHRI RENUKAMATA MULTI-STATE COOPERATIVE URBAN CREDIT SOCIETY LTD., AHAMEDNAGAR

ITA 2078/MUM/2023[2018-2019]Status: DisposedITAT Mumbai30 Jul 2024AY 2018-2019

For Appellant: Shri Dharmendra KansaraFor Respondent: Ms. Mahita Nair

Section 142Section 153DSection 250Section 68

section 68 of the Act.\n4. Addition under section 68 of the Act for aggregate demand draft/ at par\ncheque

NAV CONSEC P.LTD,MUMBAI vs. ITO 9(2)(3), MUMBAI

In the result, appeal of the assessee is allowed

ITA 3258/MUM/2016[2011-12]Status: DisposedITAT Mumbai25 Jan 2023AY 2011-12

Bench: Shri Aby T. Varkey, Jm & Shri. Gagan Goyal, Am आयकर अपील सं/ I.T.A. No.3258/Mum/2016 (निर्धारण वर्ा / Assessment Year: 2011-12) M/S Nav Consec Pvt Ltd बिधम/ Income Tax Officer, Ward 9(2)(3) Mumbai. Vs. C/O Sanjay Shah, 108, 1St Floor Sujata Niketan, Rani Sati Marg Malad East, Mumbai-400097 स्थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aadcn1435A (अपीलाथी /Appellant) .. (प्रत्यथी / Respondent) Revenue By: Shri Anil Surana, Ca (Written Submission) Assessee By: Dr Mahesh Akhade, Cit Dr

For Appellant: Dr Mahesh Akhade, CIT DRFor Respondent: Shri Anil Surana, CA (written

Section 68 of the Act is immaterial and does not change the interpretation of Section 68 of the Act both

IDHASOFT LTD.,MUMBAI vs. DCIT - 15(2)(1), MUMBAI

ITA 5139/MUM/2016[2007-08]Status: DisposedITAT Mumbai13 Jul 2018AY 2007-08

Bench: Shri Joginder Singh & Shri N.K. Pradhanassessment Year: 2007-08 M/S Idhasoft Ltd. Dcit-15(2)(1), 3, Narayan Building, Room No.357, 3Rd Floor बनाम/ 23 L. N. Road, Dadar East, Aayakar Bhavan, Vs. Mumbai-400014 M. K. Road, Mumbai-400020 ("नधा"रती /Assessee) (राज"व /Revenue) P.A. No. Aabci6090G Assessment Year: 2007-08 Dcit-15(2)(1), M/S Idhasoft Ltd. Room No.357, 3Rd Floor 3, Narayan Building, बनाम/ Aayakar Bhavan, 23 L. N. Road, Dadar East, Vs. M. K. Road, Mumbai-400014 Mumbai-400020 (राज"व /Revenue) ("नधा"रती /Assessee) P.A. No. Aabci6090G

Section 142(1)Section 143(3)Section 147Section 148Section 68

section 68 of the Act vis-à-vis section 106 of the evidence Act. As per section 68 of the Act, onus

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE -5(2), MUMBAI, NARIMAN POINT, MUMBAI vs. AGV CONSULTANTS , BORIVALI (E), MUMBAI

In the result, all the appeals filed by the revenue stands dismissed

ITA 4872/MUM/2023[2017-18]Status: DisposedITAT Mumbai27 May 2025AY 2017-18

Bench: Hon’Ble Shri Sandeep Gosain & Hon’Ble Shri Prabhash Shankar

Section 131Section 133ASection 250Section 68

section 68 are in pari materia with section 69. Section 68 also used the word "may" and, therefore, before making

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE- 5(2), MUMBAI, NARIMAN POINT, MUMBAI vs. AGV CONSULTANTS , BORIVALI (E), MUMBAI

In the result, all the appeals filed by the revenue stands dismissed

ITA 4865/MUM/2023[2018-19]Status: DisposedITAT Mumbai27 May 2025AY 2018-19

Bench: Hon’Ble Shri Sandeep Gosain & Hon’Ble Shri Prabhash Shankar

Section 131Section 133ASection 250Section 68

section 68 are in pari materia with section 69. Section 68 also used the word "may" and, therefore, before making

SYNTENSIA NETWORK SECURITY INDIA P.LTD,MUMBAI vs. ITO 11(2)(4), MUMBAI

In the result, appeal of the assessee is allowed

ITA 2927/MUM/2017[2012-13]Status: DisposedITAT Mumbai27 Jul 2018AY 2012-13

Bench: Shri R.C.Sharma, Am & Shri Ram Lal Negi, Jm M/S. Syntensia Network Security Vs. Ito 11(2)(4) India Pvt. Ltd., Churchgate, 506, Laxmi Mall Laxmi Industrial Mumbai - 400020 Estate New Link Road, Andheri (W) Mumbai - 400053 Pan/Gir No.Aalcs1143G Appellant) Respondent) ..

Section 143(3)Section 68

section 68 could not be invoked to make addition III. Section 68 of the Income-tax Act, 1961 - Cash credits

DCIT CENTRAL CIRCLE-2(2), MUMBAI vs. M/S SUCHIR CHEMICALS PVT LTD, MUMBAI.

In the result, appeal filed by the Revenue is dismissed

ITA 677/MUM/2022[2010-11]Status: DisposedITAT Mumbai20 Dec 2022AY 2010-11

Bench: Shri Amit Shukla, Hon'Ble & Shri S. Rifaur Rahman, Hon'Bledcit –Central Circle – 2(2) V. M/S. Suchir Chemicals Pvt. Ltd., Old Cgo Building (Amalgamated Company – Manan Pharma Pvt Ltd. W.E.F 01.04.2013) Room No. 806, 8Th Floor 2Nd Floor, Shiv Ashish M.K. Road, Mumbai - 400020 Andheri Prade, Mumbai - 400005 Pan: Aaccm7533K (Appellant) (Respondent) Assessee By : Ms. Pooja Rander & Shri Rushabh Mehta Department By : Shri Manoj Sinha

For Appellant: Ms. Pooja Rander &For Respondent: Shri Manoj Sinha

Section 115JSection 131Section 142(1)Section 143(1)Section 143(2)Section 148Section 68

Section 68 of the Act is immaterial and does not change the interpretation of Section 68 of the Act both

FOREVER FLOURISHING FIN. & INV. PVT. LTD. ,MUMBAI vs. DCIT (CC)-3(4), MUMBAI, MUMBAI

In the result, appeal for the assessment year 2012

ITA 6120/MUM/2019[2013-14]Status: DisposedITAT Mumbai31 Jul 2023AY 2013-14

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal ()

For Appellant: Mr. Ashok Bansal/Ajay DagaFor Respondent: Mr. Ankush Kapoor, CIT-DR

Section 143(2)Section 147

Section 68 permits and came back as share capital. Section 68 permits and came back as share capital. Section 68

FOREVER FLOURISHING FIN & INV. PVT LTD,MUMBAI vs. DCIT-CC-3(4), MUMBAI, MUMBAI

In the result, appeal for the assessment year 2012

ITA 6040/MUM/2019[2012-13]Status: DisposedITAT Mumbai31 Jul 2023AY 2012-13

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal ()

For Appellant: Mr. Ashok Bansal/Ajay DagaFor Respondent: Mr. Ankush Kapoor, CIT-DR

Section 143(2)Section 147

Section 68 permits and came back as share capital. Section 68 permits and came back as share capital. Section 68

UDAY GHANSHYAM NAIK ,MUMBAI vs. ITO CIRCLE 42(1)(1), MUMBAI

In the result, the cross

ITA 1098/MUM/2025[2018-19]Status: DisposedITAT Mumbai29 Oct 2025AY 2018-19

Bench: Shri Om Prakash Kant () & Shri Raj Kumar Chauhan () Assessment Year: 2018-19

For Appellant: Ms. Kavita P. Kaushik, Sr. DR

Section 68, observing that the lenders were under Section 68, observing that the lenders were under Section 68, observing that

DCIT-42(1)(1), MUMBAI vs. SRI UDAY GHANSHYAM NAIK, MUMBAI

In the result, the cross

ITA 989/MUM/2025[2018]Status: DisposedITAT Mumbai29 Oct 2025

Bench: Shri Om Prakash Kant () & Shri Raj Kumar Chauhan () Assessment Year: 2018-19

For Appellant: Ms. Kavita P. Kaushik, Sr. DR

Section 68, observing that the lenders were under Section 68, observing that the lenders were under Section 68, observing that