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15 results for “section 68”+ Carry Forward of Lossesclear

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Key Topics

Addition to Income4Section 260A2Section 252Section 12A2Section 1002Section 11(1)2Section 292Section 271(1)(c)2Section 3022Charitable Trust

Commissioner of Income Tax-II vs. M/s.Jayalakshmi Chits

ITTA/211/2008HC Telangana23 Mar 2016

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

68,478/­.  However,   it   was   seen   that   at   page   88   the  assessee  has  enclosed  computation  of total  income of GAFL according to which income has  been computed at NIL by chiming unabsorbed  business   loss   brought   forward   from   Asst.  Year 1991­92 at Rs. 16,38,462/­ and in the  note   total   business   loss   to   be   carried  forward to asst. year 1993­94

The Commissioner of Income Tax-II, vs. M/S Gulf Oil Corporation Pvt. Ltd.,

ITTA/195/2008HC Telangana23 Mar 2016

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

68,478/­.  However,   it   was   seen   that   at   page   88   the  assessee  has  enclosed  computation  of total  income of GAFL according to which income has  been computed at NIL by chiming unabsorbed  business   loss   brought   forward   from   Asst.  Year 1991­92 at Rs. 16,38,462/­ and in the  note   total   business   loss   to   be   carried  forward to asst. year 1993­94

2
Exemption2
Depreciation2

The Commissioner of Income Tax - VI vs. M/s. Manikanta Iron AND Hardware

ITTA/196/2008HC Telangana02 Mar 2016

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

68,478/­.  However,   it   was   seen   that   at   page   88   the  assessee  has  enclosed  computation  of total  income of GAFL according to which income has  been computed at NIL by chiming unabsorbed  business   loss   brought   forward   from   Asst.  Year 1991­92 at Rs. 16,38,462/­ and in the  note   total   business   loss   to   be   carried  forward to asst. year 1993­94

Commissioenr of Income Tax vs. Dr. T. Ravi Kumar

ITTA/399/2011HC Telangana24 Jul 2013
Section 143(3)Section 271(1)(c)

carried forward depreciation relating to A. Y. 1994-95 of Rs. 193,70,11,434/-. The return was processed regular assessment was issued on 31.10.1996. During the course of assessment proceedings, the appellant company filed various detailed and submitted reply in response to the information called for by the AO from time to time. While replying to the detailed questionnaire

The Commissioner of Income Tax - IV vs. M/s. Mekins Agro Product (P) Ltd.

ITTA/449/2013HC Telangana25 Sept 2013
Section 11(1)Section 29Section 32

carried forward for subsequent years for application for charitable purposes. The appeal is disposed of as above by answering the question in favour ofthe Revenue but by granting the reliefto the assessee as above." 5. As is clear from paragraph 6 above, the Kerala High Court has relied upon the decision of the Supreme Court in the case of Escorts

Principal Commissioner of Income Tax-2 vs. M/s Indur Green Power Private Limited

In the result, all the appeals fail and are hereby

ITTA/627/2015HC Telangana02 Jun 2016

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

Section 12ASection 143(1)Section 2(15)Section 25Section 260Section 80G(5)

forward 4,07,88,644 1,98,01,402 1,35,43,083 20,44,236 Balance carried to balance sheet 6,61,10,082 4,07,88,644 1,98,01,402 12,08,000 This case has been received on transfer from the Circle- 4, Ahmedabad, the folder for A.Y.2006-07 is not readily available and hence the data

The Commissioner of Income Tax IV vs. Shri Raaj Kumar Jain

ITTA/147/2013HC Telangana28 Jun 2013
For Appellant: - Sri Yug Mohit Chaudhary assistedFor Respondent: - A.G.A., Sri Amit Mishra, Sri Gyan
Section 156(3)Section 201Section 302Section 363Section 364Section 366Section 376

Section 27 begins with a proviso and states that when any fact is deposed to as discovered, in consequence of information received from a person accused of any offence, in the custody of a police officer, so much of such information as relates distinctly to the fact thereby discovered may be proved, 49 whether it amounts to a confession

Commissioner of Income Tax vs. Agricultural Market Committee

ITTA/408/2011HC Telangana17 Nov 2011

Bench: V.V.S.RAO,SANJAY KUMAR

Section 156(3)Section 379Section 482

forward to participate in a criminal proceeding even though the same are being undertaken on behalf of the State. 4. The Application is supported by the Board Resolution dated 12.02.2023 authorising Mr. Kunal Minda to represent the Company. The Applicant had represented the Complainant Company before the learned MM as well as before learned ASJ. 5. No formal Reply

M/s. Maruthi Movies vs. Income Tax Officer

ITTA/486/2011HC Telangana04 Jul 2012

Bench: This Court & Making The Same A Rule Of Court, Alongwith Decree Against Respondents Awarding Rs.5,35,920/- Paid By The Petitioner To The Arbitrator As Their Share Of Fees As Per Order Dated 21.12.2010. 2. Respondent No.1 Has Filed Its Objections To The Award Under Section 30 & 33 Of The Act In Form Of I.A. No.9067/2011. Respondent No.2 Has Also Filed Its Objections To The Award.

Section 20Section 30

forwarded a list of other properties which may be considered by the respondents as alternative accommodation, including one property in Defence Colony, which was one of the preferred locality. 16. The counsel for the respondent no.2 was unable to show any response given to this letter by the respondents. Therefore, the finding of CS(OS) No.486/2011 Page 7 the Arbitrator

Commissioner of Income Tax vs. Sri Chirla Rama Reddy, Contract

Appeal is dismissed with costs

ITTA/70/2007HC Telangana23 Mar 2016

Bench: The Hon’Ble Mr. Justice N.K.Sudhindrarao R.S.A.No.70/2007

Section 100

loss to plaintiff-Company. 2nd defendant gave a paper publication in Indian Express dated 17.03.1992 stating that 1st defendant and her husband have authorized her to deal with their properties. But 1st defendant gave separate publication on 18.3.1992 stating that she has not authorized 2nd defendant to represent her and to deal with her property. 12. It is also stated

PRINCIPAL COMMISSIONER OF INCOME TAX vs. S. SIVARAMA REDDY

ITTA/733/2017HC Telangana28 Nov 2017

Bench: C.V.NAGARJUNA REDDY,T.AMARNATH GOUD

Section 6

68)/SFRC/14- 15/9728 dated 19.02.2016” (viii) It was in this scenario that the Association challenged the impugned Notification, mainly contending that the SFRC recommendations once having been accepted, and notified, exercise of power rescinding the same was arbitrary and illegal, and therefore the rescinding order had necessarily to be set aside. LPA 733/2017 and connected matter Page

PR COMMR OF INCOME TAX-2, HYDERABAD vs. K RAVINDER REDDY, HYDERABAD

ITTA/621/2017HC Telangana23 Aug 2018

Bench: RAMESH RANGANATHAN,KONGARA VIJAYA LAKSHMI

Section 260A

carried out pursuant to the approval by the RBI. The liaison office has five employees in all. The South Korean based company is a trader in semi-conductor components manufactured by various companies across the world. In the course of the said survey and investigation, the authorities have recorded the statement of one Sri V. Natarajan, the country manager

Commissioner of Income Tax, vs. Agricultural Market Committee,

Appeals are allowed

ITTA/227/2011HC Telangana27 Jun 2011

Bench: V.V.S.RAO,RAMESH RANGANATHAN

loss of timber and revenue. (2) fast healing of shallow blazes makes it possible to tap the trees for a second cycle thereby increasing the tapping life of a tree, and conserving the pine forest. (3) it does not reduce resistance to wind storms. (4) it helps in reducing incidence of fire in pine forests. (5) the essential

The Pr. Commissioner of Income tax (Central), vs. Sri Vaishnavi Educational Society,

ITTA/622/2015HC Telangana01 Jun 2016

Bench: The Hon’Ble Mr. Justice Aravind Kumar W.P. No.51929/2014 C/W W.P.Nos.42063/2012, 30494/2013, 42671/2013, 638/2014, 797/2014, 1089/2014, 3211/2014, 3389/2014, 6180/2014, 10356/2014, 12014/2014, 12015/2014, 13043/2014, 13045/2014, 13206/2014, 13207/2014, 13398/2014, 13774/2014, 14149/2014, 14161/2014, 14494/2014, 14502/2014, 14521/2014, 14689/2014, 16646/2014, 17051/2014, 17594/2014, 19729/2014, 21158/2014, 23897/2014, 28861/2014, 30731/2014, 31723/2014, 33774/2014, 33777/2014, 34084/2014, 34259/2014, 34272/2014, 34391/2014, 35204/2014, 35243/2014, 35247/2014, 35305/2014, 35609/2014, 36164/2014, 36166/2014, 36489/2014, 36525/2014, 36971/2014, 37446/2014, 38055/2014, 38463/2014, 38471/2014, 38472/2014, 38661/2014, 38753/2014, 39383/2014, 39633/2014, 39832/2014, 40204/2014, 40379/2014, 41394/2014, 41422/2014, 41427/2014, 41428/2014, 41858/2014, 43815/2014, 43963/2014, 44306/2014, 44527/2014, 44742/2014, 44835/2014, 45486/2014, 46766/2014, 47103/2014, 47105/2014, 47106/2014, 47107/2014, 47608/2014, 47731/2014, 47821/2014, 47860/2014, 47913/2014, 48577/2014, 48880/2014, 49567/2014, 50260/2014, 50533/2014, 51294/2014, 51930/2014, 51931/2014, 51932/2014, 52760/2014, 53854/2014, 54059/2014, 54083/2014, 54236/2014

SECTION 19(1) OF THE BDA ACT I.E., ANNEX-P, IN SO FAR AS IT RELATES TO THE PROPERTIES OF THE PETITIONER IN SY.NO.30/6 & 30/7, K. NARAYANAPURA VILLAGE, K.R. PURAM HOBLI, BANGALORE SOUTH TALUK, MEASURING 22 GUNTAS AND 26 GUNTAS RESPECTIVELY. IN W.P.NO.55081/2014: BETWEEN: MR N. R. VENKATESHMURTHY S/O SRI. RAMAKRISHNAPPA, AGED ABOUT 45 YEARS, R/AT HOUSE NO.5

The commissioner of Income Tax IV vs. M/s Lanco Kondapalli Power (P) Ltd

ITTA/121/2013HC Telangana26 Jul 2013

carrying on business in the name and style of Shakti Chemicals as a sole proprietary concern having its office at 206/207, Wadala Udhyog Bhavan, Naigaon Cross Road, Mumbai 400 031. …Petitioner ~ versus ~ 1. The State of Maharashtra, through Government Pleader, High Court, Bombay. 2. Inspector General of Page 129 of 198 22nd March 2024 Saurer Textile Solutions