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3 results for “disallowance”+ Section 116clear

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Key Topics

Section 43B12Disallowance3Section 2502Section 242Section 40A(3)2Addition to Income2Deduction2

PRASHANT PACKAGING PVT.LTD,PATNA vs. DCIT/ACIT, CIR-2, PATNA, PATNA

In the result, the appeal filed by the assessee is allowed

ITA 644/PAT/2024[2018-19]Status: DisposedITAT Patna21 Apr 2025AY 2018-19
Section 143(3)Section 40A(3)Section 43B

disallow 20% of the payments made u/s 404(3) in the process of assessment. We, therefore, delete the addition of Rs. 17,90,571/- and ground no.1 is decided in favour of the assessee.\"\nCIT vs Crescent Export Syndicate in ITA No. 202 of 2008 dated 30.7.2008 -Jurisdictional High Court decision\n\"It also appears that the purchases have been

MAHUA COOPERATIVE COLD STORAGE LTD, MAHUA,VAISHALI vs. ADIT,CPC, BENGALURU, BENGALURU

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

ITA 520/PAT/2024[2021-22]Status: DisposedITAT Patna
19 Feb 2026
AY 2021-22

Bench: Shri Sonjoy Sarma & Shri Rakesh Mishra

Section 143(1)Section 250Section 43BSection 4A

116 u/s 43B of the I.T. Act. 3) For that to decide that NCDC is a Public Financial Institution, the website of NCDC was analysed and on the basis of the activities listed, it has been presumed that it is a Public Financial Institution, whereas the provisions of explanation 40 to of section 43B of I.T. Act refers to section

MAHENDRA PRASAD,EAST CHAMPARAN vs. ASSESSMENT UNIT, ITD, DELHI, DELHI

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

ITA 717/PAT/2024[2021-22]Status: DisposedITAT Patna20 May 2025AY 2021-22

Bench: Shri George Mathan & Shri Rakesh Mishra

Section 139(1)Section 142(1)Section 144Section 145(3)Section 24Section 250Section 80C

section is not applicable, and the accounts are duly audited. 7. For that the addition of Rs.11,11,023/- on account of estimation of profit in wholesale trading business of kerosene oil is wholly unjustified, since the sale price is controlled and it is not correct to say that purchases are not verifiable. 8. For that the estimation