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7 results for “disallowance”+ Section 269Tclear

Sorted by relevance

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Key Topics

Section 26351Section 143(3)18Section 153C11Section 254(1)5Section 133A5Section 142(1)5Survey u/s 133A5Limitation/Time-bar5Disallowance4Section 40

SATYAM TEXTILE PARK,SURAT vs. PR. COMMISSIONER OF INCOME TAX (CENTRAL), SURAT

In the result the ground No

ITA 91/SRT/2021[2017-18]Status: DisposedITAT Surat25 Oct 2021AY 2017-18

Bench: Shri Pawan Singh & Dr Arjun Lal Saini

Section 133ASection 142(1)Section 143(3)Section 153CSection 254(1)Section 263Section 271DSection 40

section 269SS and 269T were attracted. There was non-application of mind the AO not made full inquiry and assessment is made without making due disallowances

3
Section 271D2
Penalty2

SATYAM TEXTILE PARK,SURAT vs. PR. COMMISSIONER OF INCOME TAX (CENTRAL), SURAT

In the result the ground No

ITA 90/SRT/2021[2016-17]Status: DisposedITAT Surat25 Oct 2021AY 2016-17

Bench: Shri Pawan Singh & Dr Arjun Lal Saini

Section 133ASection 142(1)Section 143(3)Section 153CSection 254(1)Section 263Section 271DSection 40

section 269SS and 269T were attracted. There was non-application of mind the AO not made full inquiry and assessment is made without making due disallowances

AMRUT SAROVAR,SURAT vs. PR. COMMISIONER INCOME TAX(CENTRAL), SURAT

In the result the grounds of appeal raised by the assessee in all three assessment years are allowed

ITA 93/SRT/2021[2015-16]Status: DisposedITAT Surat21 Oct 2021AY 2015-16

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 133ASection 142(1)Section 143(3)Section 153CSection 254(1)Section 263

disallowance under section 68. It appears that on cash loan provisions of section 269SS and 269T were attracted. The IDS made

AMRUT SAROVAR,SURAT vs. PR. COMMISIONER INCOME TAX(CENTRAL), SURAT

In the result the grounds of appeal raised by the assessee in all three assessment years are allowed

ITA 94/SRT/2021[2016-17]Status: DisposedITAT Surat21 Oct 2021AY 2016-17

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 133ASection 142(1)Section 143(3)Section 153CSection 254(1)Section 263

disallowance under section 68. It appears that on cash loan provisions of section 269SS and 269T were attracted. The IDS made

AMRUT SAROVAR,SURAT vs. PR. COMMISIONER INCOME TAX(CENTRAL), SURAT

In the result the grounds of appeal raised by the assessee in all three assessment years are allowed

ITA 92/SRT/2021[2014-15]Status: DisposedITAT Surat21 Oct 2021AY 2014-15

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 133ASection 142(1)Section 143(3)Section 153CSection 254(1)Section 263

disallowance under section 68. It appears that on cash loan provisions of section 269SS and 269T were attracted. The IDS made

RAREMAT MALL MANAGEMENT CO.PVT.LTD.,SURAT vs. INCOME TAX OFFICE, AAYKAR BHAVAN, MAJURA GATE, SURAT

In the result, appeal filed by the assessee is allowed

ITA 121/SRT/2022[2017-18]Status: DisposedITAT Surat26 Sept 2023AY 2017-18

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.121/Srt/2022 Assessment Year: (2017-18) (Physical Hearing) Raremat Mall Management Co. Vs. The Pcit – 1, Pvt. Ltd., Surat. Ground Floor, Rahul Raj Mall, Gaurav Path, Dumas Road, Surat – 395007. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aafcr8865G (Appellant) (Respondent) Appellant By Shri Sapnesh Sheth, Ca Respondent By Shri Ashok B. Koli, Cit(Dr) 20/07/2023 Date Of Hearing Date Of Pronouncement 26/09/2023

Section 143(3)Section 154Section 263Section 40Section 40A(3)

disallowance does not arise at all. Therefore we believe that the case is not fit to be covered u/s 263 of the income Tax Act.” ITA No.121/SRT/2022/AY.2017-18 Raremat Mall Management Co. Pvt. Ltd. 5. However, ld PCIT rejected the contention of the assessee and observed that reply of the assessee to the effect that assessing officer (AO) has inquired

SHRI JIVRAJBHAI H. BALAR,,SURAT vs. THE INCOME TAX OFFICER, WARD-8(2),, SURAT

In the result, appeals filed by the assessee for assessment years 2004-05 to 2007-08, ( IT(SS)A Nos

ITA 1245/AHD/2015[2010-11]Status: DisposedITAT Surat31 May 2022AY 2010-11

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./It(Ss)A No.150 To 154/Ahd/2015 ("नधा"रणवष" / Assessment Year: (2004-05 To 2008-09) (Physical Court Hearing) Jivrajbhai Harkhabhai Balar, The Dcit, Central Circle-1, Vs. 59, Kantareshwar Society, Surat. Katargam Road, Surat-395004. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Abopb8649M (Appellant) (Respondent) आयकरअपीलसं./Ita No.1245/Ahd/2015 ("नधा"रणवष" / Assessment Year: (2010-11) Jivrajbhai Harkhabhai Balar, Vs. The Dcit, Central Circle-1, 59, Kantareshwar Society, Surat. Katargam Road, Surat-395004. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Abopb8649M (Appellant) (Respondent)

For Appellant: Shri Rasesh Shah, CAFor Respondent: Shri H. P. Meena, CIT(DR) & Ms Anupama Singla, Sr. DR
Section 143(3)Section 153C

269T otherwise than in accordance with the provisions of that section, he shall be liable to pay, by way of penalty, a sum equal to the amount of the loan or deposit so repaid. (C) 272A(1) If any person.......................................... he shall pay, by way of penalty………… 24.2 Therefore, if 'may' can be substituted with shall, then sections 133Aand