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4 results for “section 68”+ Section 54Fclear

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Key Topics

Section 54F8Section 143(3)4Section 544Section 1474Section 1484Deduction4Section 54B3Section 139(4)3Section 2502Addition to Income

KALUBHAI DULABHAI GOLAVIYA,SURAT vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2, , SURAT

In the result, ground raised by the assessee is allowed

ITA 619/SRT/2018[2014-15]Status: DisposedITAT Surat30 Mar 2023AY 2014-15

Bench: Shri Pawan Singh, Jm &Dr. A.L.Saini, Am आयकर अपीलसं./It(Ss)A No.15 & Ita No.619/Srt/2018 (िनधा"रणवष" / Assessment Years: (2011-12 &2014-15) (Virtual Court Hearing) Shri Kalubhai Dulabhai Golaviya Deputy Commissioner Of Income-Tax, B/1-2, Jalaram Society, B/H. Central Circle-2, Aaykar Bhavan, Vs. Gurunagar Society, Varachha Majura Gate, Surat-395001 Road, Surat "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Ablpp 5116 A (अपीलाथ" /Appellant) (""थ" /Respondent)

For Appellant: Shri Ashwin K Parekh, C.AFor Respondent: Shri Ashok B.Koli, CIT-DR &
Section 132Section 143(2)Section 143(3)Section 153ASection 45(3)Section 54F

section 54F of the Act. Ground No.2 raised by the assessee is allowed. 18. In the result, assessee’s appeal is allowed. 19. Now we shall take assessee’s appeal ITA No.691/SRT/2018, wherein the grounds of appeal raised by the assessee are as follows: “1. The learned CIT(A) has grievously erred in law and on facts in confirming

2

ARVINDBHAI RAMNIKLAL RAVAL HUF,SURAT vs. INCOME TAX OFFICER, WARD-1(3)(6), SURAT, SURAT

In the result, appeal of assessee is allowed

ITA 19/SRT/2024[2017-18]Status: DisposedITAT Surat28 Apr 2025AY 2017-18

Bench: Shri Pawan Singh & Shri Bijayananda Prusethआयकर अपील सं./Ita No.19/Srt/2024 Assessment Year: (2017-18) (Physical Court Hearing) Arvindbhai Ramniklal Raval Income Tax Officer, Ward- बनाम/ (Huf)308, Chhapania Street, 1(3)(6), Surat, Room No.303, 3Rd Vs. Adajan, Surat-395 009 Floor, Income Tax Office, Anavil Business Centre, Adajan Hazira Road, Adajan, Surat-395 009 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Aaeha 1847 D (अपीलाथ"/Appellant) (""थ" /Respondent)

Section 143(3)Section 194ISection 250Section 54F

68,720/- as against returned income of Rs.2,28,680/-. Aggrieved by the addition made by AO, assessee preferred appeal before CIT(A). 3. Before CIT(A), the appellant submitted that appellant had duly invested Rs.1,59,40,044/- u/s 54F of the Act in purchase of new residential house within the time limit prescribed in the Act. The appellant

SHRI SABBIRBHAI DAWOODBHAI SHAIKH,SURAT vs. INCOME TAX OFFICER WARD-3(1)(4), SURAT

In the result, the ground No

ITA 121/SRT/2018[2010-11]Status: DisposedITAT Surat18 Jan 2022AY 2010-11

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Hearing In Virtual Court) Shri Sabbirbhai Dawoodbhai Income Tax Officer, Ward- Shaikh, 3(1)(4), Anavil Business Vs 7/4539, Galemandi, Centre, Adajan, Surat- Lakkad Kot, 395009 Surat Pan : Aeqps 5688 Q Appellant / Assessee Respondent / Revenue

Section 139(1)Section 139(4)Section 143(3)Section 147Section 148Section 250Section 254(1)Section 54

68,750/- and not Rs.51,37,500/-. Secondly, the assessee purchased NHAI Bonds of Rs.10 lakh and not Rs.5 lakh on sale of such property.The assessee stated that there was no omission or failure on the part of the assessee and that notice under section 148 reliable to be quashed. The assessee made reference to Addl. CIT, Range

THE ACIT, CIRCLE-6, SURAT vs. SHRI AJAY DHANSUKHBHAI PATEL, SURAT

In the result,appeal of the Revenue is dismissed

ITA 290/AHD/2016[2011-12]Status: DisposedITAT Surat05 Jul 2018AY 2011-12

Bench: Shri C.M.Garg & Shri O.P.Meenaआयकरअपीलसं. / Ita No.290/Ahd/2016/Srt "नधा"रणवष"/ Assessment Year: 2011-12 Dy. Commissioner Of Income Tax, Vs. Shri Ajaykumar Dhansukhbhai Circle-2(3), Patel, Surat. Ishwar Krupa, B/H Anand Park, Althan, Althan Bharthana, Tal-Choriyasi, Dist. Surat – 395 007. [Pan:Amapp 3980A] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ"क"ओरसे/ Assessee By : Shri Mehul R. Shah, C.A ""यथ"क"ओरसे /Revenue By : Shridileep Kumar, Sr. D.R सुनवाईक"तार"ख/Date Of Hearing : 06-07-2018 घोषणाक"तार"ख /Date Of Pronouncement : 12-07-2018

For Appellant: Shri Mehul R. Shah, C.A ""For Respondent: ShriDileep Kumar, Sr. D.R
Section 139Section 139(1)Section 139(4)Section 54Section 54BSection 68

68 of the Act and another addition on account of unaccounted agricultural expenditure u/s. 69C of the Act cannot be held as valid and sustainable and the same was rightly deleted by the ld. first appellate authority after recording details reasons in para 7 & 7.1 of impugned order. 4 ITA No.290/Ahd/2016/SRT (A.Y: 2011-12) Shri Ajaykumar Dhansukhbhai Patel