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598 results for “disallowance”+ Section 40Aclear

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Key Topics

Addition to Income81Section 143(3)75Disallowance71Section 40A(3)62Section 271(1)(c)29Deduction29Section 4024Section 40A(2)(b)22Section 26322Section 12A

SHREE RAM CARGO PRIVATE LIMITED,PUNE vs. INCOME TAX OFFICER, WARD 6(5), PUNE, PMT BUILDING, SHANKAR SHET ROAD, PUNE

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

ITA 1568/PUN/2024[2015-16]Status: DisposedITAT Pune16 Dec 2024AY 2015-16

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.1568/Pun/2024 "नधा"रण वष" / Assessment Year : 2015-16 Shree Ram Cargo Private Limited, Vs. Ito, Ward-6(5), 3-A & B, Archies Court, Pune Shankar Shet Road, Pune 411 037 Maharashtra Pan : Aalcs3844A Appellant Respondent

For Appellant: Shri Nikhil MuthaFor Respondent: Shri Ajay Kumar Keshari
Section 143(2)Section 143(3)Section 250Section 40Section 40ASection 40A(3)

disallowance u/s. 40A(3) without appreciating the fact that the rigours of provisions of section 40A(3) are not applicable

Showing 1–20 of 598 · Page 1 of 30

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18
Section 40A(2)(a)17
Penalty17

SURESH CHUNNILAL SHARMA,,PARBHANI vs. INCOME-TAX OFFICER, WARD - PARBHANI,, PARBHANI

In the result, the appeal is partly allowed for statistical

ITA 1883/PUN/2018[2013-14]Status: DisposedITAT Pune16 Feb 2021AY 2013-14

Bench: Shri R.S. Syalआयकर अपील सं. / Ita No.1883/Pun/2018 िनधा"रण वष" / Assessment Year : 2013-14

Section 40A(3)

section 40A(3). This rule opens by stating that: `No disallowance under sub-section (3) of section 40A shall be made

ACIT, PUNE vs. SHRI VIMALKUMAR JEEVRAJ NAHAR,

In the result, appeals of assessee for assessment years 2007-08 and 2008-09 are allowed and appeal for assessment year 2010-11 is partly allowed and the appeals of Revenue for all three years are d...

ITA 1349/PUN/2013[2010-11]Status: DisposedITAT Pune25 Jan 2018AY 2010-11

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita Nos.1347 To 1349/Pun/2013 यििाारण वषा / Assessment Years : 2007-08, 2008-09 & 2010-11 The Asst. Commissioner Of Income Tax, अऩीऱाथी/Appellant Central Circle 1(1), Pune …. Vs. Shri Vimalkumar Jeevraj Nahar, D.No.10-1-128/3/A/3, Nahar Niwas, Masab Tank, …. प्रत्यथी / Respondent Hyderabad – 500028 Pan: Abfpn1614D

For Appellant: Shri Kishore PhadkeFor Respondent: Mrs. Nirupama Kotru, CIT
Section 132(1)Section 153A

section 40A(3) of the Act resulting in addition of Rs.5,22,37,102/-. 19. The Revenue is in appeal against directions of CIT(A) in allowing the set off of income disclosed during search action under the head ‘Income from other sources’ against statutory disallowance

ACIT, PUNE vs. SHRI VIMALKUMAR JEEVRAJ NAHAR,

In the result, appeals of assessee for assessment years 2007-08 and 2008-09 are allowed and appeal for assessment year 2010-11 is partly allowed and the appeals of Revenue for all three years are d...

ITA 1347/PUN/2013[2007-08]Status: DisposedITAT Pune25 Jan 2018AY 2007-08

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita Nos.1347 To 1349/Pun/2013 यििाारण वषा / Assessment Years : 2007-08, 2008-09 & 2010-11 The Asst. Commissioner Of Income Tax, अऩीऱाथी/Appellant Central Circle 1(1), Pune …. Vs. Shri Vimalkumar Jeevraj Nahar, D.No.10-1-128/3/A/3, Nahar Niwas, Masab Tank, …. प्रत्यथी / Respondent Hyderabad – 500028 Pan: Abfpn1614D

For Appellant: Shri Kishore PhadkeFor Respondent: Mrs. Nirupama Kotru, CIT
Section 132(1)Section 153A

section 40A(3) of the Act resulting in addition of Rs.5,22,37,102/-. 19. The Revenue is in appeal against directions of CIT(A) in allowing the set off of income disclosed during search action under the head ‘Income from other sources’ against statutory disallowance

MR. VIMALKUMAR JEEVRAJ NAHAR,HYDERABAD vs. ACIT, CENTRAL CIRCLE 1(1), PUNE

In the result, appeals of assessee for assessment years 2007-08 and 2008-09 are allowed and appeal for assessment year 2010-11 is partly allowed and the appeals of Revenue for all three years are d...

ITA 1362/PUN/2013[2007-08]Status: DisposedITAT Pune25 Jan 2018AY 2007-08

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita Nos.1347 To 1349/Pun/2013 यििाारण वषा / Assessment Years : 2007-08, 2008-09 & 2010-11 The Asst. Commissioner Of Income Tax, अऩीऱाथी/Appellant Central Circle 1(1), Pune …. Vs. Shri Vimalkumar Jeevraj Nahar, D.No.10-1-128/3/A/3, Nahar Niwas, Masab Tank, …. प्रत्यथी / Respondent Hyderabad – 500028 Pan: Abfpn1614D

For Appellant: Shri Kishore PhadkeFor Respondent: Mrs. Nirupama Kotru, CIT
Section 132(1)Section 153A

section 40A(3) of the Act resulting in addition of Rs.5,22,37,102/-. 19. The Revenue is in appeal against directions of CIT(A) in allowing the set off of income disclosed during search action under the head ‘Income from other sources’ against statutory disallowance

MR. VIMALKUMAR JEEVRAJ NAHAR,HYDERABAD vs. ACIT, CENTRAL CIRCLE 1(1), PUNE

In the result, appeals of assessee for assessment years 2007-08 and 2008-09 are allowed and appeal for assessment year 2010-11 is partly allowed and the appeals of Revenue for all three years are d...

ITA 1363/PUN/2013[2008-09]Status: DisposedITAT Pune25 Jan 2018AY 2008-09

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita Nos.1347 To 1349/Pun/2013 यििाारण वषा / Assessment Years : 2007-08, 2008-09 & 2010-11 The Asst. Commissioner Of Income Tax, अऩीऱाथी/Appellant Central Circle 1(1), Pune …. Vs. Shri Vimalkumar Jeevraj Nahar, D.No.10-1-128/3/A/3, Nahar Niwas, Masab Tank, …. प्रत्यथी / Respondent Hyderabad – 500028 Pan: Abfpn1614D

For Appellant: Shri Kishore PhadkeFor Respondent: Mrs. Nirupama Kotru, CIT
Section 132(1)Section 153A

section 40A(3) of the Act resulting in addition of Rs.5,22,37,102/-. 19. The Revenue is in appeal against directions of CIT(A) in allowing the set off of income disclosed during search action under the head ‘Income from other sources’ against statutory disallowance

MR. VIMALKUMAR JEEVRAJ NAHAR,HYDERABAD vs. ACIT, CENTRAL CIRCLE 1(1), PUNE

In the result, appeals of assessee for assessment years 2007-08 and 2008-09 are allowed and appeal for assessment year 2010-11 is partly allowed and the appeals of Revenue for all three years are d...

ITA 1364/PUN/2013[2010-11]Status: DisposedITAT Pune25 Jan 2018AY 2010-11

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita Nos.1347 To 1349/Pun/2013 यििाारण वषा / Assessment Years : 2007-08, 2008-09 & 2010-11 The Asst. Commissioner Of Income Tax, अऩीऱाथी/Appellant Central Circle 1(1), Pune …. Vs. Shri Vimalkumar Jeevraj Nahar, D.No.10-1-128/3/A/3, Nahar Niwas, Masab Tank, …. प्रत्यथी / Respondent Hyderabad – 500028 Pan: Abfpn1614D

For Appellant: Shri Kishore PhadkeFor Respondent: Mrs. Nirupama Kotru, CIT
Section 132(1)Section 153A

section 40A(3) of the Act resulting in addition of Rs.5,22,37,102/-. 19. The Revenue is in appeal against directions of CIT(A) in allowing the set off of income disclosed during search action under the head ‘Income from other sources’ against statutory disallowance

ASSOCIATED DAIRY FAB PVT. LTD.,,JALGAON vs. JOINT COMMISSIONER OF INCOME-TAX,,

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

ITA 177/PUN/2014[2009-10]Status: DisposedITAT Pune09 Feb 2018AY 2009-10

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita No.177/Pun/2014 यििाारण वषा / Assessment Year : 2009-10 Associated Dairy Fab Pvt. Ltd., B-5/1, Midc Area, Ajantha Road, अऩीऱाथी/Appellant Jalgaon – 425003 …. Pan: Aaeca3963F Vs. The Jt. Commissioner Of Income Tax, …. प्रत्यथी / Respondent Range – 2, Jalgaon

For Appellant: Shri Nikhil PathakFor Respondent: Shri Mukesh Jha
Section 143(3)(ii)Section 40A(3)

section 40A(2)(b) of the Act disallowed ₹ 1,00,61,620/- on the ground that the salary paid was higher

DEPUTY COMMISSIONER OF INCOME-TAX vs. ASSOCIATED DAIRY FAB PVT. LTD.,, JALGAON

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

ITA 211/PUN/2014[2009-10]Status: DisposedITAT Pune09 Feb 2018AY 2009-10

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita No.177/Pun/2014 यििाारण वषा / Assessment Year : 2009-10 Associated Dairy Fab Pvt. Ltd., B-5/1, Midc Area, Ajantha Road, अऩीऱाथी/Appellant Jalgaon – 425003 …. Pan: Aaeca3963F Vs. The Jt. Commissioner Of Income Tax, …. प्रत्यथी / Respondent Range – 2, Jalgaon

For Appellant: Shri Nikhil PathakFor Respondent: Shri Mukesh Jha
Section 143(3)(ii)Section 40A(3)

section 40A(2)(b) of the Act disallowed ₹ 1,00,61,620/- on the ground that the salary paid was higher

UTTAMSING R. PAWAR,,JALGAON vs. INCOME-TAX OFFICER,,

In the result, appeal of the assessee is dismissed

ITA 1477/PUN/2016[2010-11]Status: DisposedITAT Pune23 Mar 2018AY 2010-11

Bench: Shri D. Karunakara Rao, Am

For Appellant: Shri Nikhil PathakFor Respondent: Shri Ajay Modi, JCIT
Section 40A(3)

disallowances made u/s. 40A(3) by holding as under : “4. As to the validity of section 40A(3), it was urged

SANJAY VASANTRAO WANI,,NASHIK vs. INCOME-TAX OFFICER,,

In the result, the appeal of the assessee is allowed

ITA 2491/PUN/2016[2012-13]Status: DisposedITAT Pune20 Jun 2018AY 2012-13

Bench: Shri D.Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं. / Ita No.2491/Pun/2016 िनधा$रण वष$ / Assessment Year : 2012-13

For Appellant: Shri Pramod ShingteFor Respondent: Shri Ajay Modi
Section 40A(3)Section 44A

disallowance under Section 40A(3) can be made even though the income is assessed under section 44AD of the Act. 5. On the basis

PANDURANG DAYANAND HIREMATH,,KOLHAPUR vs. INCOME TAX OFFICER,, KOLHAPUR

In the result, appeal of assessee is allowed

ITA 520/PUN/2017[2011-12]Status: DisposedITAT Pune25 Apr 2018AY 2011-12

Bench: Ms. Sushma Chowla, Jm आयकर अपीऱ सं. / Ita No.520/Pun/2017 यििाारण वषा / Assessment Year : 2011-12

For Appellant: NoneFor Respondent: Shri Mukesh Jha
Section 143(3)Section 40A(3)

section 143(3) of the Income-tax Act, 1961 (in short ‘the Act’). 2. The assessee has raised the following grounds of appeal:- 1. The learned CIT(A)-1, Kolhapur erred in law & on facts in sustaining the incorrect disallowance of Rs.26,80,721/- made by the learned AO by invoking Sec 40A

ADIENT INDIA PVT.LTD,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE - 1(1),, PUNE

In the result, the appeal is allowed for statistical purposes

ITA 2986/PUN/2017[2013-14]Status: DisposedITAT Pune31 May 2021AY 2013-14

Bench: Shri R.S. Syal & Shri S.S. Viswanethra Raviनिर्धारण वषा / Assessment Year : 2013-14 Adient India Private Limited Vs. Dcit, Plot No.1, S No.235 & 245, Circle-1(1), Pune Hinjewadi, Tal-Mulshi, Pune - 411057 Pan : Aaact6342D Appellant Respondent Assessee By Shri Dhanesh Bafna Revenue By S/Shri Kalika Singh & Madhavan A.M. Krishnan Date Of Hearing 27-05-2021 Date Of Pronouncement 31-05-2021 आदेश / Order Per R.S.Syal, Vp : This Appeal By The Assessee Is Directed Against The Final Assessment Order Dated 27-10-2017 Passed By The Assessing Officer (Ao) U/S.143(3) Read With Section 144C(13) Of The Income-Tax Act, 1961 (Hereinafter Also Called ‗The Act‘) In Relation To The Assessment Year 2013-14. 2. The Only Issue Raised In This Appeal Is Against Transfer Pricing Addition Of Rs.5,95,39,429. Succinctly, The Factual Matrix Of The Case Is That The Assessee Was Earlier A 50:50 Joint

Section 143(3)Section 144C(13)

section 40A(2)(b). Prior to that, the disallowance was governed by section 40A(2) only. Clause (i) containing the above

PRABHAT DAIRY PVT. LTD.,,AHMEDNAGAR vs. ITO, WARD-2, AHMEDNAGAR

In the result, the appeal of assessee is allowed

ITA 545/PUN/2013[2007-08]Status: DisposedITAT Pune01 Aug 2019AY 2007-08

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita No.545/Pun/2013 यििाारण वषा / Assessment Year : 2007-08 Prabhat Dairy Pvt. Ltd., Ranjankhol, Tal: Shrirampur, अऩीऱाथी/Appellant Dist. Ahmednagar …. Pan: Aaccp8872E Vs. The Income Tax Officer, …. प्रत्यथी / Respondent Ward 2, Ahmednagar अऩीऱाथी की ओर से / Appellant By : Shri S.N. Puranik प्रत्यथी की ओर से / Respondent By : Shri Pankaj Garg सुनवाई की तारीख / घोषणा की तारीख / Date Of Pronouncement: 01.08.2019 Date Of Hearing : 16.07.2019

For Appellant: Shri S.N. PuranikFor Respondent: Shri Pankaj Garg
Section 143(3)Section 40A(2)(b)

section 40A(2)(b) it may please be allowed in full. 2 3. The issue arising in the present appeal is against disallowance

SHOUKAT AHAMED MAKHUBHAI,,RATNAGIRI vs. ADDITIONAL COMMISSIONER OF INCOME-TAX,,

In the result, the appeal of the assessee is partly allowed

ITA 508/PUN/2015[2011-12]Status: DisposedITAT Pune18 Jan 2018AY 2011-12

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am

For Appellant: Shri M.S. Khire / S.V. DeshpandeFor Respondent: Shri Vivek Aggarwal
Section 143(3)Section 40A(3)

section 40A(2)(b). In view of this, the amount was disallowed by the assessing officer under section 40A(3). 20. In appeal

MADHAV GOVIND DHULSHETE,,LATUR vs. INCOME-TAX OFFICER,,

In the result, appeals of the assessee are allowed for statistical

ITA 2148/PUN/2016[2009-10]Status: DisposedITAT Pune28 Feb 2018AY 2009-10

Bench: Shri D.Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर आयकर अपील आयकर आयकर अपील अपील संसंसंसं. / Ita No.2146/Pun/2016 अपील िनधा"रण िनधा"रण वष" िनधा"रण िनधा"रण वष" वष" / Assessment Year : 2009-10 वष"

For Appellant: Shri Bharat RaichandaniFor Respondent: Dr. Vivek Aggarwal, CIT-DR
Section 271DSection 40A(3)

section. In view of the above discussion, I hold that the Assessing Officer rightly made the disallowance u/s.40A(3). However, the assessing officer shall verify whether the bank was closed on the dates on which the payments were made and if so then to exclude such payments from disallowance u/s. 40A

M/S. MUNOTH TRANSPORT CO.,,RAIGAD vs. INCOME-TAX OFFICER,,

In the result, appeal of assessee is partly allowed

ITA 990/PUN/2016[2010-11]Status: DisposedITAT Pune04 May 2018AY 2010-11

Bench: Ms. Sushma Chowla, Jm आयकर अपीऱ सं. / Ita No.990/Pun/2016 यििाारण वषा / Assessment Year : 2010-11 M/S Munoth Transport Co., Darshan Apartment, V.K. High School Road, अऩीऱाथी/Appellant Panvel, Raigad – 410206 …. Pan: Aacfm1055D Vs.

For Appellant: Shri Nikhil PathakFor Respondent: Shri Mukesh Jha
Section 131Section 143(3)Section 40A(2)Section 68

disallowed the said expenditure invoking provisions of section 40A(2)(a) of the Act. Under section 40A(2)(a) of the Act, the requirement

ADIENT INDIA PRIVATE LIMITED,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE - 14,, PUNE

Appeals are partly allowed for statistical purposes in above terms

ITA 512/PUN/2018[2012-13]Status: DisposedITAT Pune06 May 2022AY 2012-13

Bench: Shri S.S. Godara & Dr. Dipak P. Ripote

For Appellant: Ms. Aarti SatheFor Respondent: Shri S.P. Walimbe
Section 115JSection 143(3)Section 40A(2)(a)Section 40A(2)(b)

Section 40A(2)(a)&(b) r.w.s. 37(1) disallowance(s) of administrative service charges amounting to Rs.3,04,14,743/-, Rs. 4,68,19,249/- and Rs.5

ADIENT INDIA PRIVATE LIMITED,,PUNE vs. ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE - 14,, PUNE

Appeals are partly allowed for statistical purposes in above terms

ITA 1507/PUN/2017[2011-12]Status: DisposedITAT Pune06 May 2022AY 2011-12

Bench: Shri S.S. Godara & Dr. Dipak P. Ripote

For Appellant: Ms. Aarti SatheFor Respondent: Shri S.P. Walimbe
Section 115JSection 143(3)Section 40A(2)(a)Section 40A(2)(b)

Section 40A(2)(a)&(b) r.w.s. 37(1) disallowance(s) of administrative service charges amounting to Rs.3,04,14,743/-, Rs. 4,68,19,249/- and Rs.5

ADIENT INDIA PVT.LTD,,PUNE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE -7,, PUNE

Appeals are partly allowed for statistical purposes in above terms

ITA 1506/PUN/2017[2010-11]Status: DisposedITAT Pune06 May 2022AY 2010-11

Bench: Shri S.S. Godara & Dr. Dipak P. Ripote

For Appellant: Ms. Aarti SatheFor Respondent: Shri S.P. Walimbe
Section 115JSection 143(3)Section 40A(2)(a)Section 40A(2)(b)

Section 40A(2)(a)&(b) r.w.s. 37(1) disallowance(s) of administrative service charges amounting to Rs.3,04,14,743/-, Rs. 4,68,19,249/- and Rs.5