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10 results for “TDS”+ Section 140clear

Sorted by relevance

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Key Topics

Disallowance8Addition to Income8Section 36(1)(iii)5Section 143(3)4Section 69A3Section 282Section 56(2)(viii)2Section 1482Section 1442TDS

THE ASSISTANT COMMR. OF INCOME TAX, GANDHIDHAM CIRCLE,, GANDHINAGAR vs. M/S KUTCH SALT & ALLIED INDUSTRIES LTD.,, GANDHIDHAM

In the result, cross objections filed by the assessee are allowed for statistical purposes

ITA 236/RJT/2016[2012-13]Status: DisposedITAT Rajkot17 Mar 2025AY 2012-13

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhait (Ss)A No.233& 234 & 235 & 236 /Rjt/2016 Assessment Year: (2009-10 To 2012-13) (Hybrid Hearing) Asstt. Commissioner Of Income Tax, Vs. M/S. Kutch Salt & Allied Gandhidham Circle, Industries Ltd., Gandhidham - Kutch Maitri Bhavan, Plot No.-18, Sector-8, Gandhidham - Kutch "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaact1769L (Appellant) (Respondent)

For Appellant: Shri K. C. Thacker, Ld. A.RFor Respondent: Shri Sanjay Punglia,Ld.CIT (DR)
Section 36(1)(iii)

140/-, being disallowance of interest u/s 36(1)(iii) of the Act, though the assessee had made interest free advance out of interest bearing funds.[This ground No.1 is in Revenue’s appeal in ITA No.135/Ahd/2016 for A.Y. 2011-12, This ground No.1 is in ITA No. 136/Ahd/2016 of Revenue’s appeal for A.Y.2012-13

THE ASSISTANT COMMR. OF INCOME TAX, GANDHIDHAM CIRCLE,, GANDHINAGAR vs. M/S KUTCH SALT & ALLIED INDUSTRIES LTD.,, GANDHIDHAM

2
Cash Deposit2

In the result, cross objections filed by the assessee are allowed for statistical purposes

ITA 235/RJT/2016[2011-12]Status: DisposedITAT Rajkot17 Mar 2025AY 2011-12

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhait (Ss)A No.233& 234 & 235 & 236 /Rjt/2016 Assessment Year: (2009-10 To 2012-13) (Hybrid Hearing) Asstt. Commissioner Of Income Tax, Vs. M/S. Kutch Salt & Allied Gandhidham Circle, Industries Ltd., Gandhidham - Kutch Maitri Bhavan, Plot No.-18, Sector-8, Gandhidham - Kutch "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaact1769L (Appellant) (Respondent)

For Appellant: Shri K. C. Thacker, Ld. A.RFor Respondent: Shri Sanjay Punglia,Ld.CIT (DR)
Section 36(1)(iii)

140/-, being disallowance of interest u/s 36(1)(iii) of the Act, though the assessee had made interest free advance out of interest bearing funds.[This ground No.1 is in Revenue’s appeal in ITA No.135/Ahd/2016 for A.Y. 2011-12, This ground No.1 is in ITA No. 136/Ahd/2016 of Revenue’s appeal for A.Y.2012-13

THE ASSISTANT COMMR. OF INCOME TAX, GANDHIDHAM CIRCLE,, GANDHIDHAM-KUTCH vs. M/S KUTCH SALT & ALLIED INDUSTRIES LTD.,, GANDHIDHAM-KUTCH

In the result, cross objections filed by the assessee are allowed for statistical purposes

ITA 366/RJT/2017[2013-14]Status: DisposedITAT Rajkot17 Mar 2025AY 2013-14

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhait (Ss)A No.233& 234 & 235 & 236 /Rjt/2016 Assessment Year: (2009-10 To 2012-13) (Hybrid Hearing) Asstt. Commissioner Of Income Tax, Vs. M/S. Kutch Salt & Allied Gandhidham Circle, Industries Ltd., Gandhidham - Kutch Maitri Bhavan, Plot No.-18, Sector-8, Gandhidham - Kutch "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaact1769L (Appellant) (Respondent)

For Appellant: Shri K. C. Thacker, Ld. A.RFor Respondent: Shri Sanjay Punglia,Ld.CIT (DR)
Section 36(1)(iii)

140/-, being disallowance of interest u/s 36(1)(iii) of the Act, though the assessee had made interest free advance out of interest bearing funds.[This ground No.1 is in Revenue’s appeal in ITA No.135/Ahd/2016 for A.Y. 2011-12, This ground No.1 is in ITA No. 136/Ahd/2016 of Revenue’s appeal for A.Y.2012-13

THE ASSISTANT COMMR. OF INCOME TAX, GANDHIDHAM CIRCLE,, GANDHINAGAR vs. M/S KUTCH SALT & ALLIED INDUSTRIES LTD.,, GANDHIDHAM

In the result, cross objections filed by the assessee are allowed for statistical purposes

ITA 234/RJT/2016[2010-11]Status: DisposedITAT Rajkot17 Mar 2025AY 2010-11

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhait (Ss)A No.233& 234 & 235 & 236 /Rjt/2016 Assessment Year: (2009-10 To 2012-13) (Hybrid Hearing) Asstt. Commissioner Of Income Tax, Vs. M/S. Kutch Salt & Allied Gandhidham Circle, Industries Ltd., Gandhidham - Kutch Maitri Bhavan, Plot No.-18, Sector-8, Gandhidham - Kutch "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaact1769L (Appellant) (Respondent)

For Appellant: Shri K. C. Thacker, Ld. A.RFor Respondent: Shri Sanjay Punglia,Ld.CIT (DR)
Section 36(1)(iii)

140/-, being disallowance of interest u/s 36(1)(iii) of the Act, though the assessee had made interest free advance out of interest bearing funds.[This ground No.1 is in Revenue’s appeal in ITA No.135/Ahd/2016 for A.Y. 2011-12, This ground No.1 is in ITA No. 136/Ahd/2016 of Revenue’s appeal for A.Y.2012-13

THE ASSISTANT COMMR. OF INCOME TAX, GANDHIDHAM CIRCLE,, GANDHINAGAR vs. M/S KUTCH SALT & ALLIED INDUSTRIES LTD.,, GANDHIDHAM

In the result, cross objections filed by the assessee are allowed for statistical purposes

ITA 233/RJT/2016[2009-10]Status: DisposedITAT Rajkot17 Mar 2025AY 2009-10

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhait (Ss)A No.233& 234 & 235 & 236 /Rjt/2016 Assessment Year: (2009-10 To 2012-13) (Hybrid Hearing) Asstt. Commissioner Of Income Tax, Vs. M/S. Kutch Salt & Allied Gandhidham Circle, Industries Ltd., Gandhidham - Kutch Maitri Bhavan, Plot No.-18, Sector-8, Gandhidham - Kutch "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaact1769L (Appellant) (Respondent)

For Appellant: Shri K. C. Thacker, Ld. A.RFor Respondent: Shri Sanjay Punglia,Ld.CIT (DR)
Section 36(1)(iii)

140/-, being disallowance of interest u/s 36(1)(iii) of the Act, though the assessee had made interest free advance out of interest bearing funds.[This ground No.1 is in Revenue’s appeal in ITA No.135/Ahd/2016 for A.Y. 2011-12, This ground No.1 is in ITA No. 136/Ahd/2016 of Revenue’s appeal for A.Y.2012-13

JAYESH PRAHLADBHAI DHUKER- HUF,GANDHIDHAM vs. THE INCOME TAX OFFICER, WARD-1, GANDHIDHAM., GANDHIDHAM

In the result, both the appeals of the assessee are partly allowed

ITA 66/RJT/2015[2008-09]Status: DisposedITAT Rajkot17 Sept 2019AY 2008-09

Bench: Shri Rajpal Yadav, Hon’Ble & Shri Waseem Ahmed Hon’Ble

For Appellant: Shri Chetan Aggarwal, ARFor Respondent: Shri Anil Kumar Das, DR
Section 143(3)Section 148

section 143(3). The assessee was engaged in the business of transportation of goods at the relevant time under the name and style of its proprietorship concern i.e. M/s.Surya Cargo Movers. A perusal of the accounts, it revealed to the AO that he has shown expenses/purchases of Rs.1,75,81,274/- and Rs.2,09,12,140/- in the Asstt.Year

JAYESH PRAHLADBHAI DHUKER- HUF,GANDHIDHAM vs. THE INCOME TAX OFFICER, WARD-1, GANDHIDHAM., GANDHIDHAM

In the result, both the appeals of the assessee are partly allowed

ITA 67/RJT/2015[2010-11]Status: DisposedITAT Rajkot17 Sept 2019AY 2010-11

Bench: Shri Rajpal Yadav, Hon’Ble & Shri Waseem Ahmed Hon’Ble

For Appellant: Shri Chetan Aggarwal, ARFor Respondent: Shri Anil Kumar Das, DR
Section 143(3)Section 148

section 143(3). The assessee was engaged in the business of transportation of goods at the relevant time under the name and style of its proprietorship concern i.e. M/s.Surya Cargo Movers. A perusal of the accounts, it revealed to the AO that he has shown expenses/purchases of Rs.1,75,81,274/- and Rs.2,09,12,140/- in the Asstt.Year

SHIVAMY OVERSWAS (INDIA) PRIVATE LIMITED,RAJKOT vs. INCOME TAX OFFICER, WARD 1 (1)(5), RAJKOT

The appeal is hereby dismissed

ITA 393/RJT/2023[2012-13]Status: DisposedITAT Rajkot18 Feb 2025AY 2012-13

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकरअपीलसं./Ita No.393/Rjt/2023 Assessment Year: (2012-13) (Hybrid Hearing) Shivamy Overseas (India) Pvt. Vs. Income Tax Officer, Ward- Ltd. 1(1)(5) Shop No. 1, New Enpire Aaykar Bhavan, Race Ring Road, Building, Nr. Indira Circle, Rajkot - 360001 University Road Rajkot – 360005 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aalcs8171Q (Appellant) (Respondent)

Section 139Section 144Section 250

section 144 vide order dated 30.03.2015 of the Income Tax Act, 1961 (in short “the Act”). 2. Grounds of appeal raised by the assessee are as followed: 1) Ld. CIT(A) erred in passing appellate order u/s. 250 of the Act, which is bad in law and hence liable to be quashed and set aside as null and void

SHRI JIGNESH CHANDULAL HIRPARA,,RAJKOT-GUJARAT vs. THE INCOME TAX OFFICER, WARD-3(2), RAJKOT-GUJARAT

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

ITA 45/RJT/2015[2008-09]Status: DisposedITAT Rajkot08 Aug 2018AY 2008-09

Bench: Shri Waseem Ahmed & Smt Madhumita Royआयकर अपील सं./I.T.A. No.45/Rjt/2015 ("नधा"रण वष" / Assessment Year : 2008-09) Jignesh Chandulal Hirpara, Ito, बनाम/ 903-Trimurti Tower, Mahadev Ward – 3(2), Vs. Wadi, Opp. Haveli, Rajkot. Laxminagar, Main Road, Rajkot "थायी लेखा सं./जीआइआर सं./Pan/Gir No. Abvph 5468 B .. (अपीलाथ" /Appellant) (""यथ" / Respondent) अपीलाथ" ओर से / Appellant By : Shri M. J. Ranpura, A.R. ""यथ" क" ओर से/Respondent By : Smt. Usha N Shrote, Sr.D.R.

For Appellant: Shri M. J. Ranpura, A.RFor Respondent: Smt. Usha N Shrote, Sr.D.R
Section 133(6)Section 69A

TDS was deducted. So far as the finding of the AO that when he inquired with Mother Diary, they informed that no financial transactions were undertaken by them with the appellant is concerned, the AR submits that, this is so because, the retail trading of milk was carried out by his friend Makadia. Though from the statement of mother dairy

SHRI JAYANTILAL PAGHADAL,AT CHARAN SAMDHIYALA, NEW AREA PLOT, TALUKA JETPUR, DISTRICT RAJKOT-365480 vs. THE INCOME TAX OFFICER, WARD - 1 (2) (3), RAJKOT, RAJKOT

In the result, the appeal of the assessee is dismissed

ITA 252/RJT/2022[2016-17]Status: DisposedITAT Rajkot13 Dec 2023AY 2016-17

Bench: Ms. Suchitra Kamble (Judicial Member), Shri Waseem Ahmed (Accountant Member)

For Appellant: NoneFor Respondent: Shri Ashish Kumar Pandey, Sr. D.R
Section 10(37)Section 143(2)Section 145ASection 193Section 28Section 56Section 56(2)(viii)

TDS-1, Surat 388 ITR 343 which, relying upon the Hon'ble Supreme Court judgement in the case of CIT Vs Ghanshyam (HUF) [2009] 182 taxman 368/315 ITR 1 (SC) has held that interest paid on compensation/enhanced compensation u/s 28 of Land Acquisition Act forms part of compensation and not interest as contemplated u/s 145A and therefore is not taxable