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4 results for “disallowance”+ Section 80Pclear

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Key Topics

Section 80P10Section 143(3)6Section 2635Section 143(1)5Deduction4Section 2503Disallowance2

CHOTANAGPUR CATHOLIC MISSION CO – OPERATIVE CREDIT SOCIETY ,RANCHI vs. PRINCIPAL COMMISSIONER OF INCOME TAX, RANCHI, RANCHI

ITA 41/RAN/2022[2017-18]Status: DisposedITAT Ranchi07 Oct 2025AY 2017-18

Bench: SHRI GEORGE MATHAN (Judicial Member), SHRI RATNESH NANDAN SAHAY (Accountant Member)

For Appellant: Shri P.S.Paul, CAFor Respondent: Shri Rajib Jain, CIT-DR
Section 143(3)Section 263Section 80P

Section 80P of the Act. It was the prayer that the order of the ld. Pr.CIT is liable to be quashed. 3. In reply, ld. CIT-DR submitted that in view of the decisions of the Hon’ble Supreme Court in the case of Totgars Cooperative Sales Society, reported 322 ITR 283 (SC) and in the case of Secunderabad Club

TELMOCHO PRIMARY AGRICULTURE CREDIT COOPERATIVE LIMITED,DHANBAD vs. ASSISTANT DIRECTOR OF INCOME TAX, BANGALORE

In the result, the appeal of the assessee stands allowed

ITA 269/RAN/2023[AY 2019-20]Status: DisposedITAT Ranchi19 Mar 2025

Bench: Shri George Mathan & Shri Ratnesh Nandan Sahayassessment Year: 2019-20

For Appellant: Shri M. K. Chowdhury, ARFor Respondent: Shri Khubchand T. Pandya, DR
Section 143Section 143(1)Section 143(3)Section 250Section 80PSection 80P(2)

disallowance u/s 80P of the Act and urged before the Bench to reverse the action of the Ld. CIT(A). 5. Per contra, the Ld. Sr. DR vehemently supported the orders of the authorities below and submitted that the issue can be restored to the file of the Assessing Officer for further verification. 6. We have considered the rival submissions

TELCO CO-OPERATIVE SOCIETY LTD ,JAMSHEDPUR vs. AYKAR ADHIKARI WARD-3(2), JAMSHEDPUR

In the result, appeal of the assessee is partly allowed

ITA 345/RAN/2017[14-15]Status: DisposedITAT Ranchi12 Jul 2022

Bench: Shri Rajpal Yadav & Shri Manish Boradi.T.A. No. 345/Ran/2017 Assessment Year: 2014-15 Telco Co-Operative Society Ltd. Income Tax Officer, Ward-3(2), Telco Works, Telco Vs Jamshedpur Jamshedpur - 831001 Pan: Aaaat9667K अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee By : Shri Deepak Kumar Sharma, C.A. Revenue By : Shri N.K. Khalkho, Sr. D/R सुनवाई क" तारीख/Date Of Hearing : 10/05/2022 घोषणा क" तारीख /Date Of Pronouncement : 12/07/2022 आदेश/O R D E R Per Rajpal Yadav: The Present Appeal Is Directed At The Instance Of The Assessee Against The Order Of The Learned Commissioner Of Income Tax (Appeals) – Jamshedpur, Dated 12/09/2017, Passed Under Section 250 Of The Income Tax Act, 1961 (In Short “The Act”), For Assessment Year 2014-15. 2. The Assessee Has Taken Five Grounds Of Appeal Out Of Which Ground Nos. 1, 4 & 5 Are General In Nature On Which No Arguments Were Advanced. Therefore, These Grounds Are Rejected As Such.

For Appellant: Shri Deepak Kumar Sharma, C.AFor Respondent: Shri N.K. Khalkho, Sr. D/R
Section 250Section 80P(2)(d)

Section 250 of the Income Tax Act, 1961 (in short “the Act”), for Assessment Year 2014-15. 2. The assessee has taken five grounds of appeal out of which Ground Nos. 1, 4 & 5 are general in nature on which no arguments were advanced. Therefore, these grounds are rejected as such. 3. In Ground No. 2, the assessee has pleaded

THE SINGHBHUM DISTRICT CENTRAL COOPERATIVE BANK,CHAIBASA vs. ACIT, NFAC, DELHI

In the result, the appeal of the assessee is allowed

ITA 177/RAN/2023[2012-13]Status: DisposedITAT Ranchi30 Jun 2025AY 2012-13

Bench: Shri Sonjoy Sarma & Shri Ratnesh Nandan Sahayi.T.A. No.177/Ran/2023 Assessment Year: 2012-13 The Singhbhum District Central Cooperative Bank, Chaibasa...……….……Appellant Represented By Jsbs, Madhubazar, Chaibasa, Jharkhand – 833201. [Pan: Aaajt2036K] Vs. Acit, Nfac, Delhi……….............…..….…..….........……........……...…..…..Respondent Appearances By: Shri Devesh Poddar, Advocate Appeared On Behalf Of The Appellant. Md. Shadab Ahmed, Sr. Cit, Dr, Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : June 26, 2025 Date Of Pronouncing The Order : June 30, 2025 Order Per Sonjoy Sarma: The Present Appeal Has Been Preferred By The Assessee Against An Order Dated 13.06.2023 Of The National Faceless Appeal Centre [Hereinafter Referred To As ‘Cit(A)’] Passed U/S 250 Of The Income Tax Act (Hereinafter Referred To As The ‘Act’).

Section 142(1)Section 143(3)Section 250Section 263Section 292BSection 36(1)(vi)Section 80P

disallowing claim of deduction of Rs.5,15,43,257/- u/s 80P of the Act. On examination of assessment record, it was observed that the assessee made provision of Rs.11,46,24,925/- for bad & doubtful debts against non-performing assets in P & L A/c. As per provision of section