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4 results for “disallowance”+ Section 144Aclear

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Key Topics

Section 26312Section 143(3)6Addition to Income4Section 144A3Section 143(1)2Section 1482Section 142A2Unexplained Investment2

KOTARI SRINIVASA RAO, ,UNDRAJAVARAM MANDALAM vs. THE PRINCIPAL COMMISSIONER OF INCOME TAX, , RAJAHMUNDRY

In the result, additional ground raised is allowed

ITA 335/VIZ/2019[2014-15]Status: DisposedITAT Visakhapatnam20 Feb 2024AY 2014-15

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./I.T.A.No.335/Viz/2019 (ननधधारण वर्ा / Assessment Year : 2014-15) Kotari Srinivasa Rao Vs. Principal Commissioner Of D.No.1-91, Canal Road Income Tax Velivennu Rajahmundry Undrajavaram Mandal West Godavari Dist. [Pan : Apjpk9870N] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

For Appellant: Shri Md.Afzal,ARFor Respondent: Dr.Satyasai Rath, CIT(DR)
Section 143(3)Section 263

disallowance on account of unverifiable expenditure under the heads “freight”, “oil & petrol” “salaries & wages” etc. 3. Under the powers vested with the PCIT u/s 263 of the Act, the assessment records were called for and after careful examination of the assessment records, the Ld.Pr.CIT held that the assessment order dated 29.06.2016 passed is not only erroneous but also prejudicial

GIRIJA MODERN RICE MILL ,VIJAYAWADA vs. THE PRINCIPAL COMMISSIONER OF INCOME TAX,, VIJAYAWADA

In the result, appeal of the assessee is allowed

ITA 142/VIZ/2020[2015-16]Status: DisposedITAT Visakhapatnam23 Nov 2020AY 2015-16

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.142/Viz/2020 (ननधधारण वर्ा/Assessment Year:2015-16) M/S Girija Modern Rice Mill Vs. Pr.Commissioner Of Income Tax D.No.159/1, Enikepadu Vijayawada Krishna (Dt.) Vijayawada [Pan : Aahfg4582E]

For Appellant: Shri M.V.Prasad, ARFor Respondent: Shri D.K.Sonowal. CIT, DR
Section 143(3)Section 144ASection 263

section 263 of the Act. Accordingly, requested to set aside the order of the Ld.Pr.CIT passed u/s 263 and allow the appeal of the assessee. 5. On the other hand, the Ld.DR supported the orders of the Ld.Pr.CIT and argued that the sum of Rs.3,81,03,903/- and interest on SBI constitute other income which was not properly verified

CHAMARTHI MOUNIKA,,ELURU vs. INCOME TAX OFFICER, WARD-2, , ELURU

In the result, appeals of the assessee for A

ITA 308/VIZ/2018[2012-13]Status: DisposedITAT Visakhapatnam14 Aug 2019AY 2012-13

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.308/Viz/2018 & 309/Viz/2018 (ननधधारण वर्ा/Assessment Year : 2012-13 & 2013-14) Chamarthi Mounica Vs. Income Tax Officer Prop.Surya Ganesh Electricals Ward-2 D.No.22C-12-21 Eluru Ch.Ranga Rao Street Powerpet, Eluru [Pan : Apupc4598L] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधथी की ओर से/ Appellant By : Shri G.V.N.Hari, Ar प्रत्यधथी की ओर से / Respondent By : Smt. Suman Malik, Dr सुनवधई की तधरीख / Date Of Hearing : 04.07.2019 घोर्णध की तधरीख/Date Of Pronouncement : 14 .08.2019 आदेश /O R D E R

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Smt. Suman Malik, DR
Section 142ASection 143(1)Section 148

144A proceedings is that the assessee has taken a housing loan to the extent of about Rs.40.00 lakhs from Bank of Baroda, Eluru between January 2012 and June 2012 to construct the very house on which the assessee is now claiming exemption u/s 54F. The same approved municipal plan which was submitted now during the present proceedings was also presented

CHAMARTHI MOUNIKA,ELURU vs. INCOME TAX OFFICER, WARD-2,, ELURU

In the result, appeals of the assessee for A

ITA 309/VIZ/2018[2013-14]Status: DisposedITAT Visakhapatnam07 Aug 2019AY 2013-14

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.308/Viz/2018 & 309/Viz/2018 (ननधधारण वर्ा/Assessment Year : 2012-13 & 2013-14) Chamarthi Mounica Vs. Income Tax Officer Prop.Surya Ganesh Electricals Ward-2 D.No.22C-12-21 Eluru Ch.Ranga Rao Street Powerpet, Eluru [Pan : Apupc4598L] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधथी की ओर से/ Appellant By : Shri G.V.N.Hari, Ar प्रत्यधथी की ओर से / Respondent By : Smt. Suman Malik, Dr सुनवधई की तधरीख / Date Of Hearing : 04.07.2019 घोर्णध की तधरीख/Date Of Pronouncement : 14 .08.2019 आदेश /O R D E R

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Smt. Suman Malik, DR
Section 142ASection 143(1)Section 148

144A proceedings is that the assessee has taken a housing loan to the extent of about Rs.40.00 lakhs from Bank of Baroda, Eluru between January 2012 and June 2012 to construct the very house on which the assessee is now claiming exemption u/s 54F. The same approved municipal plan which was submitted now during the present proceedings was also presented