BharatTax.net
SearchITATHigh CourtsSupreme CourtPhrasesAI ResearchHistory

Filters

BharatTax.net

Free search engine for ITAT (Income Tax Appellate Tribunal) judgments across all 28 benches in India.

Quick Links

  • Search Judgments
  • Browse by Bench
  • Recent Judgments

About

BharatTax provides free access to Income Tax Appellate Tribunal orders for legal research and reference.

© 2026 BharatTax.net. All rights reserved.

11 results for “disallowance”+ Section 43Dclear

Sorted by relevance

Mumbai123Chennai66Delhi63Hyderabad38Pune34Ahmedabad29Bangalore28Kolkata24Cochin11Surat11Visakhapatnam10Chandigarh8Amritsar7Rajkot6SC6Jaipur5Telangana4Karnataka4Jabalpur3Cuttack3Patna2Nagpur2Allahabad2Himachal Pradesh2Dehradun2Calcutta1Guwahati1Punjab & Haryana1Kerala1

Key Topics

Section 10A24Section 80P20Deduction10Section 409Section 271(1)(c)8Section 143(3)7Section 254(1)5Section 44A4Section 234A4Natural Justice

SHRI BIPINCHANDRA HIRALAL THAKKAR,,SURAT vs. THE INCOME TAX OFFICER, WARD-1(2)(6),, SURAT

In the result, the appeal filed by the assessee is allowed

ITA 2126/AHD/2016[2013-14]Status: DisposedITAT Surat16 Oct 2020AY 2013-14

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita No.2126/Ahd/2016 ("नधा"रणवष" / Ay.: (2013-14) Shri Bipinchandra Hiralal Thakkar, Vs. Income Tax Officer, Plot No.60/61, Hari Ichha Society, Ward-1(2)6, Surat. Udhna Bhestan Road, Surat-394210. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aawpt1432D (Assessee) (Respondent)

For Appellant: Shri Rasesh Shah- CAFor Respondent: Miss Anupama Singla – Sr. DR
Section 143(3)Section 194ASection 40Section 44A

43D of the Act. Section 40 provides for certain disallowances in certain cases notwithstanding that those amounts are allowed generally

4
Exemption4
Penalty4

M/S. MAC INDUSTRIES,,VALSAD vs. THE INCOME TAX OFFICER, WARD- 6,, VAPI

In the result, the appeal filed by the assessee is allowed

ITA 1036/AHD/2016[2009-10]Status: DisposedITAT Surat19 Oct 2020AY 2009-10

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita No.1036/Ahd/2016 ("नधा"रणवष" / Assessment Year: (2009-10) M/S. Mac Industries, Vs. Income Tax Officer, Plot No.1, 2407/2, Gidc, Sarigam, Ward-6, Vapi. Ta- Umbergaon, Valsad-396230. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaefm2011M (Assessee) (Respondent) Assessee By : Shri Hardik Vora - Ar Respondent By : Ms Anupama Singhla – Sr. Dr सुनवाईक"तार"ख/ Date Of Hearing : 22/09/2020 घोषणाक"तार"ख/Date Of Pronouncement : 19/10/2020 आदेश / O R D E R Per Dr. A. L. Saini:

For Appellant: Shri Hardik Vora - ARFor Respondent: Ms Anupama Singhla – Sr. DR
Section 143(3)Section 147Section 40

disallowances accordingly. 3.2 The assessee carried the matter in appeal. CIT(A) rejected the assessee's appeal and confirmed the view of the Assessing Officer upon which, the assessee approached the Tribunal. The Tribunal, by the impugned judgment, reversed the decision of the revenue- authorities and allowed the assessee's appeal making following observations: "9. We have heard the rival

KHAREL VIBHAG V. V. K.S. M. LIMITED,NA vs. ARIVS.THE INCOME TAX OFFICER, WARD-2, NAVSARI

In the result, appeals filed by the assessees (In ITA No

ITA 201/SRT/2018[2014-15]Status: DisposedITAT Surat07 Sept 2021AY 2014-15

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita Nos.173/Srt/2017 & 199/Srt/2018 ("नधा"रणवष" / Assessment Years: (2013-14 & 2014-15) (Virtual Court Hearing) M/S.Maroli Bazar Vibhag Vividh Vs. The Income Tax Officer, Ks.M.L. Ward-2, Navsari. At & Post – Maroli Bazar, Tal-Jalalpore, Dist-Navsari. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaaam 1095 J (Assessee) (Respondent) आयकरअपीलसं./Ita Nos.200/Srt/2018 & 201/Srt/2018 ("नधा"रणवष" / Assessment Years: (2013-14 & 2014-15) (Virtual Court Hearing) Kharel Vibhag V.V.K.S.M. Ltd., Vs. The Deputy Commissioner Of Income At & Post – Kharel, Tax, Navsari. Navsari. & The Income Tax Officer, Ward-2, Navsari.

For Appellant: Shri Parmil Sinh Parmar - ARFor Respondent: Ms. Anupama Singla – Sr. DR
Section 143(3)Section 234ASection 80PSection 80P(2)(a)

43D of the Act. Therefore, in case of an assessee carrying on business of banking in the first instance, income under section 28 is computed in accordance with the provisions of section 29 of the Act and such net figure is taken as a component of the total income or gross total income for the purpose of deduction under Chapter

M/S. MAROLI BAZAR VIBHAG VIVIDH KARYAKARI SAHKARI MANDLI LTD.,,NA vs. ARIVS.DEPUTY COMMISSIONER OF INCOME TAX, NAVSARI CIRCLE , NAVSARI

In the result, appeals filed by the assessees (In ITA No

ITA 173/SRT/2017[2013-14]Status: DisposedITAT Surat07 Sept 2021AY 2013-14

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita Nos.173/Srt/2017 & 199/Srt/2018 ("नधा"रणवष" / Assessment Years: (2013-14 & 2014-15) (Virtual Court Hearing) M/S.Maroli Bazar Vibhag Vividh Vs. The Income Tax Officer, Ks.M.L. Ward-2, Navsari. At & Post – Maroli Bazar, Tal-Jalalpore, Dist-Navsari. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaaam 1095 J (Assessee) (Respondent) आयकरअपीलसं./Ita Nos.200/Srt/2018 & 201/Srt/2018 ("नधा"रणवष" / Assessment Years: (2013-14 & 2014-15) (Virtual Court Hearing) Kharel Vibhag V.V.K.S.M. Ltd., Vs. The Deputy Commissioner Of Income At & Post – Kharel, Tax, Navsari. Navsari. & The Income Tax Officer, Ward-2, Navsari.

For Appellant: Shri Parmil Sinh Parmar - ARFor Respondent: Ms. Anupama Singla – Sr. DR
Section 143(3)Section 234ASection 80PSection 80P(2)(a)

43D of the Act. Therefore, in case of an assessee carrying on business of banking in the first instance, income under section 28 is computed in accordance with the provisions of section 29 of the Act and such net figure is taken as a component of the total income or gross total income for the purpose of deduction under Chapter

MAROLI BAZAAR VIBHAG VIVIDH KARYAKARI SAHKARI MANDLI LTD.,NA vs. ARIVS.THE INCOME TAX OFFICER, WARD-2, NAVSARI

In the result, appeals filed by the assessees (In ITA No

ITA 199/SRT/2018[2014-15]Status: DisposedITAT Surat07 Sept 2021AY 2014-15

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita Nos.173/Srt/2017 & 199/Srt/2018 ("नधा"रणवष" / Assessment Years: (2013-14 & 2014-15) (Virtual Court Hearing) M/S.Maroli Bazar Vibhag Vividh Vs. The Income Tax Officer, Ks.M.L. Ward-2, Navsari. At & Post – Maroli Bazar, Tal-Jalalpore, Dist-Navsari. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaaam 1095 J (Assessee) (Respondent) आयकरअपीलसं./Ita Nos.200/Srt/2018 & 201/Srt/2018 ("नधा"रणवष" / Assessment Years: (2013-14 & 2014-15) (Virtual Court Hearing) Kharel Vibhag V.V.K.S.M. Ltd., Vs. The Deputy Commissioner Of Income At & Post – Kharel, Tax, Navsari. Navsari. & The Income Tax Officer, Ward-2, Navsari.

For Appellant: Shri Parmil Sinh Parmar - ARFor Respondent: Ms. Anupama Singla – Sr. DR
Section 143(3)Section 234ASection 80PSection 80P(2)(a)

43D of the Act. Therefore, in case of an assessee carrying on business of banking in the first instance, income under section 28 is computed in accordance with the provisions of section 29 of the Act and such net figure is taken as a component of the total income or gross total income for the purpose of deduction under Chapter

KHAREL VIBHAG VIVIDH KARYAKARI SAHKARI MANDLI LTD.,NA vs. ARIVS.THE DEPUTY COMMISSIONER OF INCOME TAX CIRCLE NAVSARI, NAVSARI

In the result, appeals filed by the assessees (In ITA No

ITA 200/SRT/2018[2013-14]Status: DisposedITAT Surat07 Sept 2021AY 2013-14

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita Nos.173/Srt/2017 & 199/Srt/2018 ("नधा"रणवष" / Assessment Years: (2013-14 & 2014-15) (Virtual Court Hearing) M/S.Maroli Bazar Vibhag Vividh Vs. The Income Tax Officer, Ks.M.L. Ward-2, Navsari. At & Post – Maroli Bazar, Tal-Jalalpore, Dist-Navsari. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaaam 1095 J (Assessee) (Respondent) आयकरअपीलसं./Ita Nos.200/Srt/2018 & 201/Srt/2018 ("नधा"रणवष" / Assessment Years: (2013-14 & 2014-15) (Virtual Court Hearing) Kharel Vibhag V.V.K.S.M. Ltd., Vs. The Deputy Commissioner Of Income At & Post – Kharel, Tax, Navsari. Navsari. & The Income Tax Officer, Ward-2, Navsari.

For Appellant: Shri Parmil Sinh Parmar - ARFor Respondent: Ms. Anupama Singla – Sr. DR
Section 143(3)Section 234ASection 80PSection 80P(2)(a)

43D of the Act. Therefore, in case of an assessee carrying on business of banking in the first instance, income under section 28 is computed in accordance with the provisions of section 29 of the Act and such net figure is taken as a component of the total income or gross total income for the purpose of deduction under Chapter

THE ACIT, CIRCLE-1(2), SURAT vs. M/S. PRAMUKH INTERNATIONAL, SURAT

In the result the appeal filed by the revenue is dismissed

ITA 602/SRT/2018[2009-10]Status: DisposedITAT Surat29 Jul 2021AY 2009-10

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 10ASection 254(1)Section 271(1)(c)Section 40

43D and Sec 40(b) in respect of allowance of interest and salary falls between these two provisions and therefore full effect has to be given to this provisions also. Hence, the action of the AO was in accordance of the existing law and provisions.” ITA No.602-603 & 662-663/SRT/2018 (AYs 09-10 & 10-11) M/s Pramukh International 2. Brief

THE ACIT, CIRCLE-1(2), SURAT vs. M/S. PRAMUKH INTERNATIONAL, SURAT

In the result the appeal filed by the revenue is dismissed

ITA 603/SRT/2018[2010-11]Status: DisposedITAT Surat29 Jul 2021AY 2010-11

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 10ASection 254(1)Section 271(1)(c)Section 40

43D and Sec 40(b) in respect of allowance of interest and salary falls between these two provisions and therefore full effect has to be given to this provisions also. Hence, the action of the AO was in accordance of the existing law and provisions.” ITA No.602-603 & 662-663/SRT/2018 (AYs 09-10 & 10-11) M/s Pramukh International 2. Brief

THE ACIT, CIRCLE-1(2), SURAT vs. M/S. PRAMUKH INTERNATIONAL, SURAT

In the result the appeal filed by the revenue is dismissed

ITA 662/SRT/2018[2009-10]Status: DisposedITAT Surat29 Jul 2021AY 2009-10

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 10ASection 254(1)Section 271(1)(c)Section 40

43D and Sec 40(b) in respect of allowance of interest and salary falls between these two provisions and therefore full effect has to be given to this provisions also. Hence, the action of the AO was in accordance of the existing law and provisions.” ITA No.602-603 & 662-663/SRT/2018 (AYs 09-10 & 10-11) M/s Pramukh International 2. Brief

THE ITO, WARD-8(3),, SURAT vs. M/S. PRAMUKH INTERNATIONAL, SURAT

In the result the appeal filed by the revenue is dismissed

ITA 663/SRT/2018[2010-11]Status: DisposedITAT Surat29 Jul 2021AY 2010-11

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini

Section 10ASection 254(1)Section 271(1)(c)Section 40

43D and Sec 40(b) in respect of allowance of interest and salary falls between these two provisions and therefore full effect has to be given to this provisions also. Hence, the action of the AO was in accordance of the existing law and provisions.” ITA No.602-603 & 662-663/SRT/2018 (AYs 09-10 & 10-11) M/s Pramukh International 2. Brief

ACIT CIRCLE1(2), SURAT vs. M/S PAN PARAG INDIA COMPANY, SURAT

In the result the grounds of appeal raised by the revenue are dismissed

ITA 711/SRT/2018[2015-16]Status: DisposedITAT Surat08 Mar 2022AY 2015-16

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Hearing In Virtual Court) Acit, Circle-1(2), M/S Pan Parag India Co. Room No.213, 2Nd Floor, Plot No.57, Special Vs Ayakar Bhavan, Majura Gate, Economic Zone, Sachin Surat-395001 Road, Sachin, Surat Pan : Aamfp 5034 F Appellant / Revenue Respondent / Assessee

Section 10ASection 143(3)Section 254(1)Section 80

disallowance made by the Assessing Officer by invoking provisions of Section 80(IA)(10) r.w.s. 10AA(9) in giving deductions of interest on capital and remuneration to partners of the assessee firm after finding that the assessee had taken undue benefits of Section 10AA by not claiming interest on Capital and Remuneration to partners which resulted increase in exempted profit