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8 results for “transfer pricing”+ Section 250(6)clear

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Key Topics

Section 143(3)12Section 271C9Section 194I7Survey u/s 133A6Section 2635Capital Gains5Long Term Capital Gains5Penny Stock5Revision u/s 263

INDRA NARAYAN TRIPATHI,GORAKHPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, RANGE - 02,, GORAKHPUR

In the result, appeal filed by the assessee in ITA

ITA 5/VNS/2020[2014-2015]Status: DisposedITAT Varanasi04 Jul 2022AY 2014-2015

Bench: Shri Vijay Pal Rao & Shri Ramit Kochar

For Appellant: Shri Ashutosh BhardwajFor Respondent: Shri A.K. Singh, Sr. D.R
Section 143(2)Section 143(3)Section 143(3)(ii)Section 253(3)Section 253(5)Section 52C(2)

250(6) of 1961 Act. The Learned Counsel for the assessee, therefore, prayed that the matter may be set aside and restored to the file of A.O. for fresh adjudication of the issue on merits in accordance with law, with a direction to the A.O. to refer the matter to DVO for valuing the property and thereafter, if there

5
Section 253(3)3
Addition to Income2

DY. COMMISSIONER OF INCOME TAX, CIRCLE - 01,, VARANASI vs. M/S RATANDEEP GOLD & DIAMOND PVT. LTD., CHANDAULI

ITA 136/VNS/2020[2017-2018]Status: DisposedITAT Varanasi03 Feb 2023AY 2017-2018

Bench: Shri Vijay Pal Rao & Shri Ramit Kocharassessment Year: 2017-18 The Deputy Commissioner M/S Ratandeep Gold & Diamond Of Income Tax, V. Pvt. Ltd. Circle-1, M A Road, 19, New Mohal, Varanasi-211001, U.P. Near Balika Inter College, Mugalsarai, Chandauli- 232101, U.P. Pan:Aahcr4764Q (Appellant) (Respondent) C.O. No. 02/Vns/2021 (Arising Out Of Ita No. 136/Vns/2020) Assessment Year: 2017-18 M/S Ratandeep Gold & The Deputy Commissioner Of Diamond Pvt. Ltd. V. Income Tax,Circle-1, M.A. Road 19, New Mohal, Varanasi-211001, U.P. Near Balika Inter College, Mugalsarai, Chandauli- 232101, U.P.

For Appellant: Shri Shishir Bajpai, CAFor Respondent: Shri Amalendu Nath Mishra, CIT DR
Section 143(3)Section 69A

6-7( also reproduced in this order ) . Thus, as per Section 292C, there will be presumption that the contents of this documents found during survey are true and the documents belong to the assessee. This presumption is rebuttable, for which the assessee has to bring on record cogent/credible evidences to rebut the said presumption. There is a difference

MANISH JAISWAL,GORAKHPUR vs. ADDL. CIT, (TDS), ALLAHABAD

ITA 216/VNS/2019[2016-2017]Status: DisposedITAT Varanasi31 May 2022AY 2016-2017

Bench: Shri Vijay Pal Rao & Shri Ramit Kocharassessment Year: 2016-17 Mr. Manish Jaiswal, Addl.Cit (Tds), Prop. New Manish Medical V. Allahabad-211001, U.P. Agencies Pashupati Market, Gandhi Park, Gorakhpur, U.P. Pan: Akdpj7675D (Appellant) (Respondent)

For Appellant: Shri Ashish Bansal, AdvocateFor Respondent: Shri A.K. Singh, Sr. DR
Section 139Section 194ISection 271CSection 273BSection 274

transfer of immovable property(other than agricultural land). Show cause notice (SCN) dated 20.03.2019 was issued by the AO u/s 271C read with Section 274 of the 1961 Act, through email and also by Registered post, show-causing assessee as to why penalty u/s 271C be not levied for aforesaid failure. The assessee did not responded to aforesaid SCN , which

GOPI KRISHNA VINOD KUMAR HUF,GORAKHPUR vs. PCIT,, GORAKHPUR

In the result, appeal of the assessee is allowed

ITA 111/VNS/2020[2015-2016]Status: DisposedITAT Varanasi07 Dec 2023AY 2015-2016
Section 143(3)Section 263

6. 185 Additional information sought for on 03.07.2017, by the Ld. Assessing Officer, whereby specific query/information was made/ sought on issues of: (i) Case Laws regarding exemption claimed under section 10(38). (ii) Copy of All Bank Statements 7. Reply to above referred query dated 03.07.2017 submitted on 186-190 05.07.2017,wherein Specific reply with respect to claim for exemption

ANJU JHUNJHUNWALA,VARANASI vs. PCIT, VARANASI

In the result, appeal of the assessee is allowed

ITA 198/VNS/2019[2015-2016]Status: DisposedITAT Varanasi07 Dec 2023AY 2015-2016
Section 143(3)Section 263

6. 185 Additional information sought for on 03.07.2017, by the Ld. Assessing Officer, whereby specific query/information was made/ sought on issues of: (i) Case Laws regarding exemption claimed under section 10(38). (ii) Copy of All Bank Statements 7. Reply to above referred query dated 03.07.2017 submitted on 186-190 05.07.2017,wherein Specific reply with respect to claim for exemption

VINOD KUMAR SARAF HUF,GORAKHPUR vs. PCIT,, GORAKHPUR

In the result, appeal of the assessee is allowed

ITA 112/VNS/2020[2015-2016]Status: DisposedITAT Varanasi07 Dec 2023AY 2015-2016
Section 143(3)Section 263

6. 185 Additional information sought for on 03.07.2017, by the Ld. Assessing Officer, whereby specific query/information was made/ sought on issues of: (i) Case Laws regarding exemption claimed under section 10(38). (ii) Copy of All Bank Statements 7. Reply to above referred query dated 03.07.2017 submitted on 186-190 05.07.2017,wherein Specific reply with respect to claim for exemption

SARVESH KUMAR AGARWAL HUF,VARANASI vs. PCIT,, VARANASI

In the result, appeal of the assessee is allowed

ITA 252/VNS/2019[2015-2016]Status: DisposedITAT Varanasi07 Dec 2023AY 2015-2016
Section 143(3)Section 263

6. 185 Additional information sought for on 03.07.2017, by the Ld. Assessing Officer, whereby specific query/information was made/ sought on issues of: (i) Case Laws regarding exemption claimed under section 10(38). (ii) Copy of All Bank Statements 7. Reply to above referred query dated 03.07.2017 submitted on 186-190 05.07.2017,wherein Specific reply with respect to claim for exemption

VISHAL KANODIA,VARANASI vs. PCIT,, VARANASI

In the result, appeal of the assessee is allowed

ITA 85/VNS/2019[2014-2015]Status: DisposedITAT Varanasi07 Dec 2023AY 2014-2015
Section 143(3)Section 263

6. 185 Additional information sought for on 03.07.2017, by the Ld. Assessing Officer, whereby specific query/information was made/ sought on issues of: (i) Case Laws regarding exemption claimed under section 10(38). (ii) Copy of All Bank Statements 7. Reply to above referred query dated 03.07.2017 submitted on 186-190 05.07.2017,wherein Specific reply with respect to claim for exemption