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8 results for “section 68”+ Section 801A(4)(iv)clear

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Key Topics

Section 80I30Section 10A19Section 143(3)8Deduction7Section 143(2)5Section 10A(7)5Addition to Income5Depreciation4Section 115J2Section 32

DEPUTY COMMISSIONER OF INCOME TAX vs. SAMEER B.LADKAT,, PUNE

In the result, appeal of the Revenue in ITA No

ITA 178/PUN/2017[2012-13]Status: DisposedITAT Pune26 Jun 2019AY 2012-13

Bench: Shri Anil Chaturvedi, Am & Shri Partha Sarathi Chaudhury, Jm आयकर अपीऱ सं. / Ita No.177/Pun/2017 नििाारण वषा / Assessment Year : 2012-13 The Deputy Commissioner Of Income Tax, Circle-7, Pune. .......अऩीऱाथी / Appellant बिाम / V/S. Shri Gautam B. Ladkat, 36, Somwar Peth, Pune-411 011. Pan :Aafpl4838C ……प्रत्यथी / Respondent

For Appellant: Shri Sharad ShahFor Respondent: Shri Vishwas Mundhe
Section 143(2)Section 143(3)Section 80I

68,454/- is hereby deleted. Ground no. 1 raised by the appellant is accordingly allowed.” 6. The Ld. AR of the asssessee at the time of hearing vehemently argued that the issue is squarely covered by the CBDT Circular No.1/2016 dated 15.02.2016 and specially by the ratio laid down by the Hon‟ble Madras High Court in the case

2
Section 80l2
Disallowance2

DEPUTY COMMISSIONER OF INCOME TAX vs. GAUTAM B.LADKAT,, PUNE

In the result, appeal of the Revenue in ITA No

ITA 177/PUN/2017[2012-13]Status: DisposedITAT Pune26 Jun 2019AY 2012-13

Bench: Shri Anil Chaturvedi, Am & Shri Partha Sarathi Chaudhury, Jm आयकर अपीऱ सं. / Ita No.177/Pun/2017 नििाारण वषा / Assessment Year : 2012-13 The Deputy Commissioner Of Income Tax, Circle-7, Pune. .......अऩीऱाथी / Appellant बिाम / V/S. Shri Gautam B. Ladkat, 36, Somwar Peth, Pune-411 011. Pan :Aafpl4838C ……प्रत्यथी / Respondent

For Appellant: Shri Sharad ShahFor Respondent: Shri Vishwas Mundhe
Section 143(2)Section 143(3)Section 80I

68,454/- is hereby deleted. Ground no. 1 raised by the appellant is accordingly allowed.” 6. The Ld. AR of the asssessee at the time of hearing vehemently argued that the issue is squarely covered by the CBDT Circular No.1/2016 dated 15.02.2016 and specially by the ratio laid down by the Hon‟ble Madras High Court in the case

DEPUTY COMMISSIONER OF INCOME TAX,, PUNE vs. SHRI SAMEER B. LADKAR,, PUNE

In the result, the appeal of Revenue in ITA No

ITA 1358/PUN/2017[2013-14]Status: DisposedITAT Pune01 Aug 2019AY 2013-14

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपील सं. / Ita Nos.1358/Pun/2017 "नधा"रण वष" / Assessment Year : 2013-14

For Appellant: Shri Sharad ShahFor Respondent: Shri Pankaj Garg
Section 143(3)Section 80ISection 80l

68,454/- is hereby deleted. Ground No.1 raised by the Appellant is accordingly allowed. " As the facts are pari materia with the earlier year, following judicial discipline, the AO is directed to allow the deduction claimed by the Appellant u/s 80IA(4). The Appellant succeeds in this Ground of Appeal which is accordingly allowed” Aggrieved by the order of Ld.CIT

DEPUTY COMMISSIONER OF INCOME TAX,, PUNE vs. SHRI GAUTAM B. LADKAT,, PUNE

In the result, the appeal of Revenue in ITA No

ITA 1360/PUN/2017[2013-14]Status: DisposedITAT Pune01 Aug 2019AY 2013-14

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपील सं. / Ita Nos.1358/Pun/2017 "नधा"रण वष" / Assessment Year : 2013-14

For Appellant: Shri Sharad ShahFor Respondent: Shri Pankaj Garg
Section 143(3)Section 80ISection 80l

68,454/- is hereby deleted. Ground No.1 raised by the Appellant is accordingly allowed. " As the facts are pari materia with the earlier year, following judicial discipline, the AO is directed to allow the deduction claimed by the Appellant u/s 80IA(4). The Appellant succeeds in this Ground of Appeal which is accordingly allowed” Aggrieved by the order of Ld.CIT

M/S GIRIRAJ ENTERPRISES,PUNE vs. DCIT, CENTRAL CIRCLE 1(1), PUNE, PUNE

In the result, the appeal filed by the assessee is allowed and the appeals filed by the Revenue are dismissed

ITA 427/PUN/2024[2015-16]Status: DisposedITAT Pune17 Oct 2024AY 2015-16

Bench: Shri R. K. Panda & Ms Astha Chandraassessment Year : 2015-16

For Appellant: Shri Nikhil S PathakFor Respondent: Shri Amol Khairnar, CIT-DR
Section 10(35)Section 132Section 133ASection 143(1)Section 143(2)Section 153A

68,835/-. The grounds raised by the assessee are accordingly allowed. IT(SS)A Nos.23/PUN/2024 to 25/PUN/2024 (AYs 2017-18 to 2019-20) (Revenue) 24. The grounds raised by the Revenue in the instant appeals are identical. We, therefore, take up IT(SS)A No.23/PUN/2024 for assessment year 2017-18 as the lead case. 25. Facts of the case

M/S. HONEYWELL AUTOMATION INDIA LIMITED,,PUNE vs. ACIT, CIRCLE-7, PUNE

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

ITA 359/PUN/2013[2008-09]Status: DisposedITAT Pune02 Nov 2018AY 2008-09

Bench: Shri D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं./ Ita No. 359/Pun/2013 िनधा#रण वष# / Assessment Year : 2008-09

For Appellant: Shri Kamal Sawhney & Ms. Rhea AmarFor Respondent: Shri Rajeev Kumar, CIT-DR
Section 10ASection 10A(7)Section 801ASection 80I

68,534 3. The AO however granted only a partial deduction of the above sums by invoking section 10A(7)/10AA(9) of the Act read with section 80IA ( 10) of the Act on the ground that the Appellant was claiming a substantially higher deduction than the ordinary profits of the comparable entities. 4. In coming to this

ENTRATA INDIA PVT. LTD. ,PUNE vs. DCIT, CIRCLE-1(1), PUNE, PUNE

In the result, the appeal filed by the Revenue in ITA

ITA 133/PUN/2024[2013-14]Status: DisposedITAT Pune24 Dec 2024AY 2013-14

Bench: Shri R. K. Panda & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.133/Pun/2024 िनधा"रण वष" / Assessment Year: 2013-14 Entrata India Pvt. Ltd., Vs. Dcit, Circle-1(1), Pune. International Tech Park, Block-1, Wing-A, 14Th Floor, Kharadi, Pune- 411014. Pan : Aaacw7089A Appellant Respondent आयकर अपील सं. / Ita No.66/Pun/2024 िनधा"रण वष" / Assessment Year: 2013-14 Dcit, Circle-1(1), Pune. Vs. Entrata India Pvt. Ltd., International Tech Park, Block-1, Wing-A, 14Th Floor, Kharadi, Pune- 411014. Pan : Aaacw7089A Appellant Respondent Assessee By : Shri Kishor B. Phadke Revenue By : Shri Ramnath P. Murkunde Date Of Hearing 14.11.2024 : Date Of Pronouncement : 24.12.2024 आदेश / Order Per Vinay Bhamore, Jm: These Are The Cross Appeals Filed By The Assessee As Well As By The Revenue Are Directed Against The Order Dated 24.11.2023 Passed By Ld. Cit(A)-13, Pune [‘Cit(A)’] For The Assessment Year 2013-14. 2. First, We Shall Take Up The Appeal Of The Assessee In Ita No.133/Pun/2024 For Adjudication.

For Appellant: Shri Kishor B. PhadkeFor Respondent: Shri Ramnath P. Murkunde
Section 10ASection 115JSection 143(2)Section 143(3)Section 32

68,211 /-. iii. On the facts and the circumstances of the case and in law, the Ld. CIT(A) was not justified in interpreting the words “so arranged” used in section 80IA(10) to impose burden on AO to prove tax avoidance before invoking section 801A(10), of the Act when bare reading of the provision does

DCIT CIRCLE 1(1), PUNE, SWARGATE vs. ENTRATA INDIA PVT. LTD, PUNE

In the result, the appeal filed by the Revenue in ITA

ITA 66/PUN/2024[2013-14]Status: DisposedITAT Pune24 Dec 2024AY 2013-14

Bench: Shri R. K. Panda & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.133/Pun/2024 िनधा"रण वष" / Assessment Year: 2013-14 Entrata India Pvt. Ltd., Vs. Dcit, Circle-1(1), Pune. International Tech Park, Block-1, Wing-A, 14Th Floor, Kharadi, Pune- 411014. Pan : Aaacw7089A Appellant Respondent आयकर अपील सं. / Ita No.66/Pun/2024 िनधा"रण वष" / Assessment Year: 2013-14 Dcit, Circle-1(1), Pune. Vs. Entrata India Pvt. Ltd., International Tech Park, Block-1, Wing-A, 14Th Floor, Kharadi, Pune- 411014. Pan : Aaacw7089A Appellant Respondent Assessee By : Shri Kishor B. Phadke Revenue By : Shri Ramnath P. Murkunde Date Of Hearing 14.11.2024 : Date Of Pronouncement : 24.12.2024 आदेश / Order Per Vinay Bhamore, Jm: These Are The Cross Appeals Filed By The Assessee As Well As By The Revenue Are Directed Against The Order Dated 24.11.2023 Passed By Ld. Cit(A)-13, Pune [‘Cit(A)’] For The Assessment Year 2013-14. 2. First, We Shall Take Up The Appeal Of The Assessee In Ita No.133/Pun/2024 For Adjudication.

For Appellant: Shri Kishor B. PhadkeFor Respondent: Shri Ramnath P. Murkunde
Section 10ASection 115JSection 143(2)Section 143(3)Section 32

68,211 /-. iii. On the facts and the circumstances of the case and in law, the Ld. CIT(A) was not justified in interpreting the words “so arranged” used in section 80IA(10) to impose burden on AO to prove tax avoidance before invoking section 801A(10), of the Act when bare reading of the provision does