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8 results for “disallowance”+ Section 220(2)clear

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Key Topics

Section 1479Addition to Income7Section 1486Section 1315Section 148A5Bogus/Accommodation Entry5Bogus Purchases5Section 143(3)3Section 143(2)

INCOMETAX OFFICER, WARD-3(3), VISAKHAPATNAM vs. SARIPALLI VIMALA DEVI, VISAKHAPATNAM

In the result, appeal of the Revenue is partly allowed for statistical purposes

ITA 294/VIZ/2023[2015-16]Status: DisposedITAT Visakhapatnam18 Dec 2024AY 2015-16

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./ I.T.A. No.294/Viz/2023 (निर्धारण वर्ा/ Assessment Year : 2015-16) Income Tax Officer - Ward-3(3) Vs. Saripalli Vimala Devi Iind Floor Flat No. 103, Sun N Sea Apartments East Point Colony Infinity Towers Visakhapatnam - 530017 Shankarmatam Road, Santhipuram Visakhapatnam - 530016 Pan: Bddps0883J (अपीलधर्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधर्थी की ओरसे/ Assessee By : Sri C. Kameswara Rao, Ar प्रत्यधर्थीकीओरसे/ Revenue By : Dr. Satyasai Rath, Cit-Dr

For Appellant: Sri C. Kameswara Rao, ARFor Respondent: Dr. Satyasai Rath, CIT-DR
Section 143(2)Section 143(3)Section 147Section 148Section 48

220/- respectively against the Doc. No. 98/2004 and 3772/2004. The property was purchased on 9/1/2004 and 30/08/2004 respectively. Subsequently, during the year 2007 the property was mortgaged with State Bank of India against the term loan of Rs. 3 Crs granted to M/s. Amaravathi Inn Pvt Ltd., wherein the assessee and her late husband were Directors. Further, another term loan

2

VENKATA LAKSHMI PADMAVATHI UPPALAPU,VIJAYAWADA vs. ITO, WARD - 2(3), VIJAYAWADA

ITA 299/VIZ/2025[2013-14]Status: DisposedITAT Visakhapatnam09 Jun 2025AY 2013-14
Section 143(2)Section 147Section 148Section 148ASection 69A

2\nRs. 1,97,81,600/- under section 69A of the Act on account of unexplained money\nand determined total income of the assessee at Rs.1,98,61,220/-.\n4. On being aggrieved, assessee preferred an appeal before Ld. CIT(A) but\nthe assessee even after receipt of the hearing notices on various dates did not file\nany supporting documents

SINDHURA HOSPITAL,SRIKAKULAM vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-4(1), VISAKHAPATNAM

ITA 272/VIZ/2025[2015-16]Status: DisposedITAT Visakhapatnam29 Aug 2025AY 2015-16

Bench: Us:

Section 143(3)

Section 143(3) of the Income Tax Act, 1961 (for 2 Sindhura Hospital short, “the Act”) dated 11.08.2017 for A.Y. 2015-16. The assessee firm has assailed the impugned order on the following grounds of appeal before us: “1. The order of the learned Commissioner of Income Tax (Appeals) is contrary to the facts and also the law applicable

THE INCOME TAX OFFICER, CIRCLE-1(1), VIJAYAWADA, VIJAYAWADA vs. VEDMUTHA ELECTRICALS INDIA PRIVATE LIMITED, VIJAYAWADA

In the result, all the captioned appeals filed by the Revenue are allowed for statistical purposes

ITA 35/VIZ/2025[2014-15]Status: DisposedITAT Visakhapatnam30 Jun 2025AY 2014-15

Bench: Us:

For Appellant: None
Section 131Section 147

220/-. 6. During the course of the assessment proceedings, the A.O based on the aforesaid information that was shared with him by the JCIT(OSD), Central Circle 7(2), Mumbai, called upon the assessee company to put forth an explanation as to why the impugned loan of Rs. 1 crore received from M/s Aneri Fincap Vedumutha Electricals India Private Limited

ACIT, CIRCLE-1(1),, VIJAYAWADA vs. VEDMUTHA ELECTRICALS INDIA PRIVATE LIMITED, VIJAYAWADA

In the result, all the captioned appeals filed by the Revenue are allowed for statistical purposes

ITA 36/VIZ/2025[2016-17]Status: DisposedITAT Visakhapatnam30 Jun 2025AY 2016-17

Bench: Us:

For Appellant: None
Section 131Section 147

220/-. 6. During the course of the assessment proceedings, the A.O based on the aforesaid information that was shared with him by the JCIT(OSD), Central Circle 7(2), Mumbai, called upon the assessee company to put forth an explanation as to why the impugned loan of Rs. 1 crore received from M/s Aneri Fincap Vedumutha Electricals India Private Limited

ACIT, CIRCLE-1(1), VIJAYAWADA, VIJAYAWADA vs. VEDMUTHA ELECTRICALS INDIA PRIVATE LIMITED, VIJAYAWADA

In the result, all the captioned appeals filed by the Revenue are allowed for statistical purposes

ITA 34/VIZ/2025[2013-14]Status: DisposedITAT Visakhapatnam30 Jun 2025AY 2013-14

Bench: Us:

For Appellant: None
Section 131Section 147

220/-. 6. During the course of the assessment proceedings, the A.O based on the aforesaid information that was shared with him by the JCIT(OSD), Central Circle 7(2), Mumbai, called upon the assessee company to put forth an explanation as to why the impugned loan of Rs. 1 crore received from M/s Aneri Fincap Vedumutha Electricals India Private Limited

THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1), VIJAYAWADA, VIJAYAWADA vs. VEDMUTHA ELECTRICALS INDIA PRIVATE LIMITED, VIJAYAWADA

In the result, all the captioned appeals filed by the Revenue are allowed for statistical purposes

ITA 38/VIZ/2025[2017-18]Status: DisposedITAT Visakhapatnam30 Jun 2025AY 2017-18

Bench: Us:

For Appellant: None
Section 131Section 147

220/-. 6. During the course of the assessment proceedings, the A.O based on the aforesaid information that was shared with him by the JCIT(OSD), Central Circle 7(2), Mumbai, called upon the assessee company to put forth an explanation as to why the impugned loan of Rs. 1 crore received from M/s Aneri Fincap Vedumutha Electricals India Private Limited

THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1(1), VIJAYAWADA, VIJAYAWADA vs. VEDMUTHA ELECTRICALS INDIA PRIVATE LIMITED, VIJAYAWADA

In the result, all the captioned appeals filed by the Revenue are allowed for statistical purposes

ITA 37/VIZ/2025[2017-18]Status: DisposedITAT Visakhapatnam30 Jun 2025AY 2017-18

Bench: Us:

For Appellant: None
Section 131Section 147

220/-. 6. During the course of the assessment proceedings, the A.O based on the aforesaid information that was shared with him by the JCIT(OSD), Central Circle 7(2), Mumbai, called upon the assessee company to put forth an explanation as to why the impugned loan of Rs. 1 crore received from M/s Aneri Fincap Vedumutha Electricals India Private Limited