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8 results for “section 68”+ Section 32(1)(iia)clear

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Key Topics

Section 32(1)(iia)12Section 80H9Section 14A8Addition to Income8Deduction7Depreciation7Section 115B5Disallowance5Section 143(1)4Section 132

GENERAL INDUSTRIAL CONTROS LTD.,PUNE vs. DCIT CIRCLE 8, PUNE, PUNE

In the result, the order of the CIT(A) is set aside, and the appeal of the assessee is partly allowed

ITA 38/PUN/2025[2021-22]Status: DisposedITAT Pune25 Apr 2025AY 2021-22

Bench: Dr.Dipak P. Ripote & Shri Vinay Bhamore

Section 115BSection 139(1)Section 143(1)Section 143(1)(a)Section 250Section 36(1)(va)

68,22,860 Rs. 25.61.51.210) thereby assessing total income at Rs.25.68,22.860/- and computed balance tax liability at Rs.2,73,95,728/- instead of refund declared in return of income of Rs.31.40,690/-.” 2.1 Aggrieved by the order u/sec.143(1) of the Act, assessee filed appeal before the ld.CIT(A).Ld.CIT(A) confirmed the addition. ITA No.38/PUN/2025 [A] 2.2 Aggrieved

4
Section 153A4
Section 143(3)4

AYOKI FABRICON PRIVATE LTD.,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, appeal of assessee is allowed

ITA 11/PUN/2015[2011-12]Status: DisposedITAT Pune20 Nov 2018AY 2011-12

Bench: Shri R.S. Syal & Shri Vikas Awasthy

Section 32(1)(iia)Section 80H

68,21,515/- u/s.32(1)(iia) of the Act. Both the sides are in agreement that the facts and circumstances of this ground for this year are similar to those of the preceding year. Following the view taken hereinabove, we approve the view of the ld. CIT(A) in rejecting the assessee’s claim. This ground fails. 12 ITA No.1723/PUN/2014

AYOKI FABRICON PRIVATE LTD.,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, appeal of assessee is allowed

ITA 1723/PUN/2014[2010-11]Status: DisposedITAT Pune20 Nov 2018AY 2010-11

Bench: Shri R.S. Syal & Shri Vikas Awasthy

Section 32(1)(iia)Section 80H

68,21,515/- u/s.32(1)(iia) of the Act. Both the sides are in agreement that the facts and circumstances of this ground for this year are similar to those of the preceding year. Following the view taken hereinabove, we approve the view of the ld. CIT(A) in rejecting the assessee’s claim. This ground fails. 12 ITA No.1723/PUN/2014

AYOKI FABRICON PVT. LTD.,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, appeal of assessee is allowed

ITA 1608/PUN/2015[2008-09]Status: DisposedITAT Pune20 Nov 2018AY 2008-09

Bench: Shri R.S. Syal & Shri Vikas Awasthy

Section 32(1)(iia)Section 80H

68,21,515/- u/s.32(1)(iia) of the Act. Both the sides are in agreement that the facts and circumstances of this ground for this year are similar to those of the preceding year. Following the view taken hereinabove, we approve the view of the ld. CIT(A) in rejecting the assessee’s claim. This ground fails. 12 ITA No.1723/PUN/2014

SERUM INSTITUTE OF INDIA LTD.,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, both the appeals of the Revenue are dismissed

ITA 549/PUN/2016[2011-12]Status: DisposedITAT Pune12 Oct 2018AY 2011-12

Bench: Shri D.Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर आयकर अपील आयकर आयकर अपील अपील संसंसंसं. / Ita Nos.549 & 550/Pun/2016 अपील िनधा"रण िनधा"रण वष" िनधा"रण िनधा"रण वष" वष" / Assessment Years : 2011-12 & 2012-13 वष"

For Appellant: Shri Rajshekhar S. AbhyankarFor Respondent: Shri Rajeev Kumar
Section 132Section 143(3)Section 14ASection 153ASection 35

section 32(1)(iia) of the Act. Ld. Counsel contends that the generation of Electricity falls under the ambit of production of any article or thing. For this proposition, he relied on the following decisions : 1. CTR Manufacturing Industries Ltd. Vs. DCIT – 2. Giriraj Enterprises Vs. DCIT 163 ITD 1 (Pune Trib.) (TM) 14.4 We heard both the sides

SERUM INSTITUTE OF INDIA LTD.,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, both the appeals of the Revenue are dismissed

ITA 550/PUN/2016[2012-13]Status: DisposedITAT Pune12 Oct 2018AY 2012-13

Bench: Shri D.Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर आयकर अपील आयकर आयकर अपील अपील संसंसंसं. / Ita Nos.549 & 550/Pun/2016 अपील िनधा"रण िनधा"रण वष" िनधा"रण िनधा"रण वष" वष" / Assessment Years : 2011-12 & 2012-13 वष"

For Appellant: Shri Rajshekhar S. AbhyankarFor Respondent: Shri Rajeev Kumar
Section 132Section 143(3)Section 14ASection 153ASection 35

section 32(1)(iia) of the Act. Ld. Counsel contends that the generation of Electricity falls under the ambit of production of any article or thing. For this proposition, he relied on the following decisions : 1. CTR Manufacturing Industries Ltd. Vs. DCIT – 2. Giriraj Enterprises Vs. DCIT 163 ITD 1 (Pune Trib.) (TM) 14.4 We heard both the sides

DEPUTY COMMISSIONER OF INCOME-TAX vs. SERUM INSTITUTE OF INDIA LTD.,, PUNE

In the result, both the appeals of the Revenue are dismissed

ITA 607/PUN/2016[2011-12]Status: DisposedITAT Pune12 Oct 2018AY 2011-12

Bench: Shri D.Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर आयकर अपील आयकर आयकर अपील अपील संसंसंसं. / Ita Nos.549 & 550/Pun/2016 अपील िनधा"रण िनधा"रण वष" िनधा"रण िनधा"रण वष" वष" / Assessment Years : 2011-12 & 2012-13 वष"

For Appellant: Shri Rajshekhar S. AbhyankarFor Respondent: Shri Rajeev Kumar
Section 132Section 143(3)Section 14ASection 153ASection 35

section 32(1)(iia) of the Act. Ld. Counsel contends that the generation of Electricity falls under the ambit of production of any article or thing. For this proposition, he relied on the following decisions : 1. CTR Manufacturing Industries Ltd. Vs. DCIT – 2. Giriraj Enterprises Vs. DCIT 163 ITD 1 (Pune Trib.) (TM) 14.4 We heard both the sides

DEPUTY COMMISSIONER OF INCOME-TAX vs. SERUM INSTITUTE OF INDIA LTD.,, PUNE

In the result, both the appeals of the Revenue are dismissed

ITA 934/PUN/2016[2012-13]Status: DisposedITAT Pune12 Oct 2018AY 2012-13

Bench: Shri D.Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर आयकर अपील आयकर आयकर अपील अपील संसंसंसं. / Ita Nos.549 & 550/Pun/2016 अपील िनधा"रण िनधा"रण वष" िनधा"रण िनधा"रण वष" वष" / Assessment Years : 2011-12 & 2012-13 वष"

For Appellant: Shri Rajshekhar S. AbhyankarFor Respondent: Shri Rajeev Kumar
Section 132Section 143(3)Section 14ASection 153ASection 35

section 32(1)(iia) of the Act. Ld. Counsel contends that the generation of Electricity falls under the ambit of production of any article or thing. For this proposition, he relied on the following decisions : 1. CTR Manufacturing Industries Ltd. Vs. DCIT – 2. Giriraj Enterprises Vs. DCIT 163 ITD 1 (Pune Trib.) (TM) 14.4 We heard both the sides