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10 results for “condonation of delay”+ Set Off of Lossesclear

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Key Topics

Condonation of Delay8Addition to Income6Disallowance5Deduction4Section 80P(2)(a)3Section 1443Revision u/s 2633Section 143(3)2Section 250

INCOME TAX OFFICER, WARD - 3, BELGAVI vs. SHREE BHAGYALAXMI SAHAKARI SAKKARE KARKHANE NIYAMIT, BELAGAVI

In the result, appeal of the Revenue is dismissed

ITA 66/PAN/2020[2013-14]Status: DisposedITAT Panaji22 Aug 2023AY 2013-14

Bench: SHRI INTURI RAMA RAO (Accountant Member), SHRI PARTHA SARATHI CHAUDHURY (Judicial Member)

For Appellant: Shri Pravin Ghali, ARFor Respondent: Shri Badrinath Yamaji
Section 143(3)

condone the delay in filing the appeal and the matter was heard on merits. 3. The brief facts in this case are that assessee filed its return of income for A.Y. 2013-14 on 31/07/2013, declaring total income of Rs.NIL after setting off of brought forward losses

THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1(1), PATTO PLAZA vs. ESTEEM INDUSTRIES PRIVATE LIMITED, PLOT

ITA 253/PAN/2024[2012-13]Status: DisposedITAT Panaji
2
Section 402
Section 682
Section 145A2
30 Jun 2025
AY 2012-13

Bench: Hon’Ble Shri Pavankumar Gadale & Shri G. D. Padmahshali

For Appellant: Mr Mahendra Sanghvi [‘Ld. AR’]For Respondent: Capt. Pradeep Arya [‘Ld. DR’]
Section 143(3)Section 145ASection 250Section 253Section 44A

Delay (if considered) is condoned and advanced accordingly. ITAT-Panaji Page 2 of 20 DCIT Vs Esteem Industries Pvt. Ltd. ITA Nos.253/PAN/2024 AY: 2012-13 4. Succinctly stated facts of the case are that; the assessee an incorporated company and engaged in manufacturing of surfactants & speciality chemicals. The assessee company filed its return of income on 27/09/2012 declaring total income

MRS VINI P. KENI,PANAJI vs. INCOME TAX OFFICER, WARD - 1(3), PANAJI

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

ITA 112/PAN/2022[2014-15]Status: DisposedITAT Panaji20 Mar 2025AY 2014-15

Bench: Shri Pavan Kumar Gadale & Shri G D Padmahshalii T A. Nos. 112/Pan/2022 (A.Y. 2014-15 ) Vini Prasad Keni, Vs Ito-Ward-1(3), Keni Building, Aayakar Bhavan, . Dr.Dada Vaidhya Road, Panaji-403001, Panjim-403001, Goa. Goa. . Pan .No. Adppk9767N (अपीलाथ"/Appellant) (""यथ"/Respondent) Assessee By Shri D.E.Robinson.Ar Revenue By Sri Narender Reddy.Sr.Dr सुनवाई क" तार"ख/Date Of Hearing 25.02.2025 घोषणा क" तार"ख/Date Of Pronouncement 20.03.2025 Order Per Pavan Kumar Gadale, Jm: The Appeal Is Filed By The Assesse Against The Order Of Nfac/ Cit(A) Passed U/Sec 143(3) & U/Sec 250 Of The Act. 2. At The Time Of Hearing, The Ld.Ar Of The Assessee Submitted That There Is A Delay Of 13 Days In Filing The Appeal Before The Hon’Ble Tribunal & The Assesse Has Filed The Affidavit For Condonation Of Delay. Whereas, The Facts Mentioned In The Affidavit Are Reasonable & The Ld. Dr Has No Specific Objections. Accordingly, We Condone The Delay & Admit The Appeal. The Assessee Has Raised

Section 14ASection 194CSection 40

condone the delay and admit the appeal. The assessee has raised 2 ITA. No. 112/PAN/2022 Vini.Prasad Keni. the grounds of appeal challenging the order of the CIT(A) sustaining the additions made by the Assessing Officer. 3. The brief facts of the case are that, the assesse has filed the return of income on 30-11-2014 disclosing a total

EMGEE HOUSING PRIVATE LIMITED,GOA vs. JCIT(A), KANPUR

In the result, the appeal filed by assessee is allowed for statistical purposes

ITA 273/PAN/2024[2017-18]Status: DisposedITAT Panaji17 Mar 2025AY 2017-18

Bench: Shri Pavan Kumar Gadale & Shri G D Padmahshalii T A. Nos. 273/Pan/2024 (A.Y. 2017-18 ) Emgee Housing Private Vs Acit-Circle 1(1), Limited, Aaykar Bhavan, . 608, City Center Patto Plaza, Edc Complex, Panjim-403001, Patto Plaza, Goa. Panjim-403001, Goa. Pan .No.Aabce6688E (अपीलाथ"/Appellant) (""यथ"/Respondent) Assessee By None(Letter 10-03-25) Revenue By Ms.Nazeera Mohamad.Sr.Dr सुनवाई क" तार"ख/Date Of Hearing 11.03.2025 घोषणा क" तार"ख/Date Of Pronouncement 17.03.2025 Order Per Pavan Kumar Gadale, Jm: The Appeal Is Filed By The Assesse Against The Order Of The Addl/ Jcit(A) Kanpur Passed U/Sec 143(3) & U/Sec 250 Of The Act. 2. At The Time Of Hearing, It Was Found That There Is A Delay In Filing The Appeal Before The Hon’Ble Tribunal & The Assesse Has Filed An Affidavit For Condonation Of Delay. Whereas, The Facts Mentioned In The Affidavit Are Reasonable & Sufficient Cause Was Explained & The Ld. Dr Has No Specific Objections. Accordingly, We Condone The Delay & Admit The Appeal. The Assessee Has Raised

Section 23

condone the delay and admit the appeal. The assessee has raised 2 ITA. No. 273/PAN/2024 Emgee Housing Private Limited. the grounds of appeal challenging the additions u/sec22 and u/sec37(1) of the Act sustained by the CIT(A). 3. The brief facts of the case are that, the assessee company is engaged in the business of property developers. The assessee

SHRI JINNAPPANNA CHOUGULE LALBAHADUR CREDIT SOUHARD SAHAKARI SANGH NIYAMIT,BELGAUM vs. INCOME TAX OFFICER, BELGAUM

In the result, the three appeals filed by the assessee are partly allowed for statistical purposes

ITA 276/PAN/2025[2018-19]Status: DisposedITAT Panaji07 Jan 2026AY 2018-19

Bench: Shri Pavan Kumar Gadalei T A. Nos.274,275 & 276/Pan/2025 (A.Y. 2015-16,2017-18 & 2018-19 ) Shri Jinnappanna Chougule Vs I T O, Lalbahadur Credit Souhard National E Assessment . Sahakari Niyamit, Centre, 2471,Lalbahadur Delhi. Akkamahadevi Chowk, Shirguppi Athani, Belagavi-591242, Karnataka. Pan .No. Aagas8466F (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent)

Section 80P(2)(a)

condone the delay and admit the appeals. 3. Since the issues involved in these appeals are common and identical, hence they are clubbed, heard and a consolidated order is passed. For the sake of convenience, shall take up ITA No.274/PAN/2025 for A.Y.2015-16 as a lead case and facts narrated. The assessee has raised the grounds of appeal challenging the order

SHRI JINNAPPANNA CHOUGULE LALBAHADUR CREDIT SOUHARD SAHAKARI SANGH NIYAMIT,BELGAUM vs. INCOME TAX OFFICER, BELGAUM

In the result, the three appeals filed by the assessee are partly allowed for statistical purposes

ITA 274/PAN/2025[2015-16]Status: DisposedITAT Panaji07 Jan 2026AY 2015-16

Bench: Shri Pavan Kumar Gadalei T A. Nos.274,275 & 276/Pan/2025 (A.Y. 2015-16,2017-18 & 2018-19 ) Shri Jinnappanna Chougule Vs I T O, Lalbahadur Credit Souhard National E Assessment . Sahakari Niyamit, Centre, 2471,Lalbahadur Delhi. Akkamahadevi Chowk, Shirguppi Athani, Belagavi-591242, Karnataka. Pan .No. Aagas8466F (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent)

Section 80P(2)(a)

condone the delay and admit the appeals. 3. Since the issues involved in these appeals are common and identical, hence they are clubbed, heard and a consolidated order is passed. For the sake of convenience, shall take up ITA No.274/PAN/2025 for A.Y.2015-16 as a lead case and facts narrated. The assessee has raised the grounds of appeal challenging the order

SHRI JINNAPPANNA CHOUGULE LALBAHADUR CREDIT SOUHARD SAHAKARI SANGH NIYAMIT,2471, LALBAHADUR AKKAMAHADEVI CHOWK, SHIRGUPPI ATH vs. INCOME TAX OFFICER, BELGAUM

In the result, the three appeals filed by the assessee are partly allowed for statistical purposes

ITA 275/PAN/2025[2017-18]Status: DisposedITAT Panaji07 Jan 2026AY 2017-18

Bench: Shri Pavan Kumar Gadalei T A. Nos.274,275 & 276/Pan/2025 (A.Y. 2015-16,2017-18 & 2018-19 ) Shri Jinnappanna Chougule Vs I T O, Lalbahadur Credit Souhard National E Assessment . Sahakari Niyamit, Centre, 2471,Lalbahadur Delhi. Akkamahadevi Chowk, Shirguppi Athani, Belagavi-591242, Karnataka. Pan .No. Aagas8466F (अपीलार्थी/Appellant) (प्रत्यर्थी/Respondent)

Section 80P(2)(a)

condone the delay and admit the appeals. 3. Since the issues involved in these appeals are common and identical, hence they are clubbed, heard and a consolidated order is passed. For the sake of convenience, shall take up ITA No.274/PAN/2025 for A.Y.2015-16 as a lead case and facts narrated. The assessee has raised the grounds of appeal challenging the order

KKOTILYA CHITS LIMITED,BELAGAVI vs. ITO WARD-1, INCOME TAX OFFICES OPPOSITE CIVIL HOSPITAL

In the result, the appeal filed by assesse is allowed for statistical purposes

ITA 214/PAN/2025[2012-13]Status: DisposedITAT Panaji16 Sept 2025AY 2012-13

Bench: SHRI PAVAN KUMAR GADALE (Judicial Member)

condone the delay and admit the appeal. 3. The brief facts of the case are that, the assessee company is engaged in the chit fund business and has not filed the return of income. The Assessing Officer (AO) based on the information found that the assesse has made time deposits and cash deposits in the bank account in F.Y.2011-12

JOSE SALVADOR BEMVINDO FERNANDES,CUNCOLIM, GOA vs. INCOME TAX OFFICER, W-1, MARGAO, GOA

In the result, the appeal filed by assesse is allowed for statistical purposes

ITA 56/PAN/2025[2015-16]Status: DisposedITAT Panaji17 Jul 2025AY 2015-16

Bench: Shri Pavan Kumar Gadale & Shri G D Padmahshalii T A. Nos.56/Pan/2025 (A.Y. 2015-16) Jose Salvador Bemvindo Ito-Ward-1, Vs Fernandes, Blessings Pioneer . Voddy, Cuncolim, Complex, Salcete-403703, Old Market, Goa. Margoa, Goa-403601. Pan/Gir No. Abjpf7713K (अपीलाथ"/Appellant) (""यथ"/Respondent) Assessee By Shri.Narcinva Lotlikar.Ar Revenue By Smt.Rijula Uniyal.Sr.Dr सुनवाई क" तार"ख/Date Of Hearing 07.07.2025 घोषणा क" तार"ख/Date Of Pronouncement 17.07.2025 Order Per Pavan Kumar Gadale ,Jm: The Assesse Has Filed The Appeal Against The Order Of The Nfac/Cit(A) Delhi Passed U/Sec147 R.W.S144B & U/Sec 250 Of The Act. 2. At The Time Of Hearing, It Was Found That There Is A Delay Of 45 Days In Filing The Appeal Before The Hon’Ble Tribunal & The Assesse Has Filed An Affidavit For Condonation Of Delay. Whereas, The Facts Mentioned In The Affidavit Are Reasonable & Sufficient Cause Was Explained & The Ld. Dr Has No Specific Objections. Accordingly, We Condone The 2 Ita. No.56/Pan/2025 Jose Salvador Bemvindo Fernandes. Delay & Admit The Appeal. The Assesse Has Raised The Grounds Of Appeal Challenging The Ex-Parte Order Of The Cit(A) Sustaining The Addition Made By The Assessing Officer.

Section 144

condone the 2 ITA. No.56/PAN/2025 Jose Salvador bemvindo Fernandes. delay and admit the appeal. The assesse has raised the grounds of appeal challenging the ex-parte order of the CIT(A) sustaining the addition made by the Assessing Officer. 3. The brief facts of the case are that, the assesse is an individual and providing services as captain to S.G.Maritime

SRITHIK ISPAT PRIVATE LIMITED,GOA vs. THE ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE 2(1) PANAJI,GOA, PANAJI,GOA

The appeal is allowed for statistical purposes

ITA 48/PAN/2025[2016-17]Status: DisposedITAT Panaji31 Jul 2025AY 2016-17

Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshaliassessment Year: 2016-17 Srithik Ispat Pvt. Ltd. Plot No. 3, Sanguem Industrial Estate, Sanguem, Goa-403704 Pan : Aaics1765P . . . . . . . Appellant V/S Asstt. Commissioner Of Income Tax, Circle-2(1), Panaji, Goa . . . . . . . Respondent Appearances Assessee By: Mrs Girija Agrawal [‘Ld. Ar’] Revenue By: Ms Rijjula Uniyal [‘Ld. Dr’] Date Of Conclusive Hearing: 30/07/2025 Date Of Pronouncement : 31/07/2025 Order Per G. D. Padmahshali; This Assessee’S Appeal Is Filed U/S 253(1) Of The Income-Tax Act, 1961 [‘The Act’] Challenges Din & Order No 1068425181(1) Dt. 06/09/2024 Passed By National Faceless Appeal Centre, Delhi [‘Ld. Cit(A)/Nfac’] U/S 250 Of The Act Which Originated From Order Of Assessment Passed U/S 144 Of The Act By Asstt. Commissioner Of Income Tax, Circle-2(1), Panaji, Goa. [‘Ld. Ao’].

For Appellant: Mrs Girija Agrawal [‘Ld. AR’]For Respondent: Ms Rijjula Uniyal [‘Ld. DR’]
Section 143(2)Section 144Section 250Section 251Section 251(1)(a)Section 253(1)Section 40Section 68

delay in filing present appeal and find them fit for condonation, hence condoned in view of ‘Vijay Vishin Meghani Vs. DCIT & Anr’ [2017, 398 ITR 250 (Bom)] and ‘Collector, Land Acquisition, Anantnag and Anr. Vs Ms Katiji and Others’ [1987, 167 ITR 5 (SC)]. 4. As we note that, the assessee is limited company incorporated under the provisions of Companies