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4 results for “disallowance”+ Section 273Bclear

Sorted by relevance

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Key Topics

Section 143(3)14Section 409Section 2636Section 194C3Section 263(1)3Section 271E3Section 269T3TDS3Disallowance3Addition to Income

INCOME TAX OFFICER , WARD -4, AMRAVATI vs. SHRI MAHESH SHANKAR SORATE , DARYAPUR

In the result, appeal filed by the Revenue is dismissed

ITA 250/NAG/2018[2013-14]Status: DisposedITAT Nagpur29 Jul 2024AY 2013-14

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

For Appellant: Shri Manoj G. MoryaniFor Respondent: Shri Abhay Y. Marathe
Section 143(3)Section 269Section 269TSection 271E

disallowed in terms of section 40(a)(ia). 7.5 The appellant has submitted that he had made the repayment by using online cash deposit facility of the bank, which was out of his cash sales, and had insisted on such direct deposits to payee to ensure that the repayment was duly recorded. The assessing officer has not considered the business

3

ASSISTATN COMMISSIONER OF INCOME TAX CENTRAL CIRCLE -2(1), NAGPUR vs. SHRI MAHESH GUPTA , NAGPUR

In the result, appeals of the Revenue in ITA Nos

ITA 224/NAG/2018[2009-10]Status: DisposedITAT Nagpur15 Oct 2019AY 2009-10

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm

For Appellant: Shri Manoj Moryani &For Respondent: Dr. Milind Bhusari
Section 143(3)Section 194CSection 263Section 263(1)Section 40

disallowance @ 30% of the said amount i.e. Rs.19,99,339/-. Now, we also find the Tribunal in ITA No.187/NAG/2017 (supra.) has quashed the 263 order itself and therefore, the assessment framed on the basis of 263 order of the Ld. Commissioner looses its very basis and therefore cannot sustain legally. Meaning thereby, any addition consequent thereof in such assessment also

ASSISTANT COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE -2(1), NAGPUR vs. SHRI MAHESH GUPTA , NAGPUR

In the result, appeals of the Revenue in ITA Nos

ITA 225/NAG/2018[2010-11]Status: DisposedITAT Nagpur15 Oct 2019AY 2010-11

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm

For Appellant: Shri Manoj Moryani &For Respondent: Dr. Milind Bhusari
Section 143(3)Section 194CSection 263Section 263(1)Section 40

disallowance @ 30% of the said amount i.e. Rs.19,99,339/-. Now, we also find the Tribunal in ITA No.187/NAG/2017 (supra.) has quashed the 263 order itself and therefore, the assessment framed on the basis of 263 order of the Ld. Commissioner looses its very basis and therefore cannot sustain legally. Meaning thereby, any addition consequent thereof in such assessment also

ASSISTANT COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(1), NAGPUR vs. M/S GUPTA METALLICS & POWER LIMITED , NAGPUR

In the result, appeals of the Revenue in ITA Nos

ITA 226/NAG/2018[2009-10]Status: DisposedITAT Nagpur15 Oct 2019AY 2009-10

Bench: Shri D. Karunakara Rao, Am & Shri Partha Sarathi Chaudhury, Jm

For Appellant: Shri Manoj Moryani &For Respondent: Dr. Milind Bhusari
Section 143(3)Section 194CSection 263Section 263(1)Section 40

disallowance @ 30% of the said amount i.e. Rs.19,99,339/-. Now, we also find the Tribunal in ITA No.187/NAG/2017 (supra.) has quashed the 263 order itself and therefore, the assessment framed on the basis of 263 order of the Ld. Commissioner looses its very basis and therefore cannot sustain legally. Meaning thereby, any addition consequent thereof in such assessment also