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41,108 results for “section 68”+ Addition to Incomeclear

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Key Topics

Addition to Income71Section 6863Section 143(3)62Section 26347Section 153A35Section 14834Section 13233Section 14728Section 153C28Survey u/s 133A

PRADEEP SHARMA,SAGAR vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-1, KATNI

The appeal of the assessee is partly allowed

ITA 4/JAB/2024[2017-18]Status: DisposedITAT Jabalpur13 Feb 2026AY 2017-18

Bench: Shri Anadee Nath Misshra

Section 115BSection 133ASection 143(3)Section 154Section 234ASection 250Section 68

68 , section 69, section 69A , section 69B , section 69C or section 69D, at the rate of thirty per cent; and (b) the amount of income-tax with which the assessee would have been chargeable had his total income been reduced by the amount of income referred to in clause (a).” 10. The provisions of section 115BBE thus provides that where

Showing 1–20 of 41,108 · Page 1 of 2,056

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Search & Seizure12
Deduction12

SUMITRA SURENDRA GADODIA,MUMBAI vs. ITO 31(3)(4), BANDRA, MUMBAI

ITA 4519/MUM/2025[2014-15]Status: DisposedITAT Mumbai04 Dec 2025AY 2014-15
Section 10(26)Section 10(38)Section 143(2)Section 44ASection 68

income and, therefore, made addition under section 68 - On appeal,\nTribunal deleted addition observing that DMAT account and contract note

SHANKAR LAL LUDHANI THROUGH LATA DEVI LUDHANI AS LEGAL HEIR,AJMER vs. DCIT, CENTRAL CIRCLE, AJMER, AJMER

In the result, the appeal of the assessee is allowed

ITA 406/JPR/2025[2017-18]Status: DisposedITAT Jaipur04 Jul 2025AY 2017-18

Bench: DR. S. SEETHALAKSHMI (Judicial Member)

For Appellant: Sh. Sudhir Sogani, CAFor Respondent: Sh. Gautam Singh Choudhary, JCIT
Section 115BSection 133ASection 147Section 148Section 271A

income referred to in Section 68, Section 69, Section 69A, Section 69B, Section 69C, or Section 69D for any previous year, the assessee shall pay by way of penalty, in addition

ALOK VIJAWAT,JAIPUR vs. PCIT, UDAIPUR, UDAIPUR

ITA 605/JPR/2024[2019-20]Status: DisposedITAT Jaipur13 Dec 2024AY 2019-20

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

For Appellant: Shri Devang Gargieya, AdvocateFor Respondent: Ms. Alka Gautam, CIT-DR
Section 133ASection 142(1)Section 143(2)Section 143(3)Section 263

additional income surrendered being Rs. 76,00,000/- in the course of survey conducted on, dated 16.01.2019. In this connection our submissions are as under: 1. Provisions of section 115BBE: The provisions of section 115BBE(1) reads as under: “(1) Where the total income of an assessee, — 1. includes any income referred to in section 68

SUWALKA AND SUWALKA PROPERTIES AND BUILDERS PVT LTD,KOTA, RAJASTHAN vs. ACIT, CENTRAL CIRLCE, KOTA, KOTA, RAJASTHAN

ITA 302/JPR/2024[2017-18]Status: DisposedITAT Jaipur03 Oct 2024AY 2017-18

Bench: Him Challenging The 2 Suwalka & Suwalka Properties & Builders Pvt. Ltd. Vs. Acit Assessment Order Dated 22.12.2019 Passed U/S.143(3)Of The Income Tax

For Appellant: Sh. Vijay Goyal, CAFor Respondent: Sh. Anup Singh, Addl. CIT
Section 115BSection 129Section 142Section 142(1)Section 143(2)Section 143(3)Section 145(3)Section 68Section 69A

income will be reduced by this amount accordingly. Further, the AO has made addition under section 69A which is not found to be applicable on the facts of the case. The addition should have been made under section 68

ACIT, CENTRAL CIRCLE-2(2), HYDERABAD vs. SYED IMRANUDDIN, HYDERABAD

In the result, appeal filed by the Revenue is dismissed

ITA 436/HYD/2022[2017-18]Status: DisposedITAT Hyderabad08 Jul 2024AY 2017-18

Bench: Shri Laliet Kumar & Shri Manjunatha, G.S.No Appeal In Ita No Revenue Assessee A.Y 1 432/Hyd/2022 Acit, Syed 2018- Central Zeeshanuddin 19 Circle 2(2) Hyderabad Hyderabad Pan:Bqgps0128A 2 436/Hyd/2022 & -Do- Syed Imranuddin 2017- 437/Hyd/2022 Hyderabad 18 3 Pan:Aajpi6494F 4 442/Hyd/2022 -Do- Syed Irfanuddin 2018- Hyderabad 19 Pan:Aappi4693A िनधा""रती "ारा/Assessee By: Shri P Murali Mohan Rao, Ca राज" व "ारा/Revenue By:: Shri Shakeer Ahmed, Dr

For Appellant: Shri P Murali Mohan Rao, CAFor Respondent: : Shri Shakeer Ahmed, DR
Section 132(4)

additional business income attracts the provisions of section 115BBE of the Act or not. To answer this, the provisions of sections 115BBE of the Act are reproduced as below: 115BBE(1). Where the total income of an assessee a. includes any income referred to in section 68

ACIT, CENTRAL CIRCLE-2(2), HYDERABAD vs. SYED IRFANUDDIN, HYDERABAD

In the result, appeal filed by the Revenue is dismissed

ITA 442/HYD/2022[2018-9]Status: DisposedITAT Hyderabad08 Jul 2024

Bench: Shri Laliet Kumar & Shri Manjunatha, G.S.No Appeal In Ita No Revenue Assessee A.Y 1 432/Hyd/2022 Acit, Syed 2018- Central Zeeshanuddin 19 Circle 2(2) Hyderabad Hyderabad Pan:Bqgps0128A 2 436/Hyd/2022 & -Do- Syed Imranuddin 2017- 437/Hyd/2022 Hyderabad 18 3 Pan:Aajpi6494F 4 442/Hyd/2022 -Do- Syed Irfanuddin 2018- Hyderabad 19 Pan:Aappi4693A िनधा""रती "ारा/Assessee By: Shri P Murali Mohan Rao, Ca राज" व "ारा/Revenue By:: Shri Shakeer Ahmed, Dr

For Appellant: Shri P Murali Mohan Rao, CAFor Respondent: : Shri Shakeer Ahmed, DR
Section 132(4)

additional business income attracts the provisions of section 115BBE of the Act or not. To answer this, the provisions of sections 115BBE of the Act are reproduced as below: 115BBE(1). Where the total income of an assessee a. includes any income referred to in section 68

ACIT CENTRAL CIRCLE-2(2), HYDERABAD vs. SYED ZEESHANUDDIN, HYDERABAD

In the result, appeal filed by the Revenue is dismissed

ITA 432/HYD/2022[2018-19]Status: DisposedITAT Hyderabad08 Jul 2024AY 2018-19

Bench: Shri Laliet Kumar & Shri Manjunatha, G.S.No Appeal In Ita No Revenue Assessee A.Y 1 432/Hyd/2022 Acit, Syed 2018- Central Zeeshanuddin 19 Circle 2(2) Hyderabad Hyderabad Pan:Bqgps0128A 2 436/Hyd/2022 & -Do- Syed Imranuddin 2017- 437/Hyd/2022 Hyderabad 18 3 Pan:Aajpi6494F 4 442/Hyd/2022 -Do- Syed Irfanuddin 2018- Hyderabad 19 Pan:Aappi4693A िनधा""रती "ारा/Assessee By: Shri P Murali Mohan Rao, Ca राज" व "ारा/Revenue By:: Shri Shakeer Ahmed, Dr

For Appellant: Shri P Murali Mohan Rao, CAFor Respondent: : Shri Shakeer Ahmed, DR
Section 132(4)

additional business income attracts the provisions of section 115BBE of the Act or not. To answer this, the provisions of sections 115BBE of the Act are reproduced as below: 115BBE(1). Where the total income of an assessee a. includes any income referred to in section 68

ACIT, CENTRAL CIRCLE-2(2), HYDERABAD vs. SYED IMRANUDDIN, HYDERABAD

In the result, appeal filed by the Revenue is dismissed

ITA 437/HYD/2022[2018-19]Status: DisposedITAT Hyderabad08 Jul 2024AY 2018-19

Bench: Shri Laliet Kumar & Shri Manjunatha, G.S.No Appeal In Ita No Revenue Assessee A.Y 1 432/Hyd/2022 Acit, Syed 2018- Central Zeeshanuddin 19 Circle 2(2) Hyderabad Hyderabad Pan:Bqgps0128A 2 436/Hyd/2022 & -Do- Syed Imranuddin 2017- 437/Hyd/2022 Hyderabad 18 3 Pan:Aajpi6494F 4 442/Hyd/2022 -Do- Syed Irfanuddin 2018- Hyderabad 19 Pan:Aappi4693A िनधा""रती "ारा/Assessee By: Shri P Murali Mohan Rao, Ca राज" व "ारा/Revenue By:: Shri Shakeer Ahmed, Dr

For Appellant: Shri P Murali Mohan Rao, CAFor Respondent: : Shri Shakeer Ahmed, DR
Section 132(4)

additional business income attracts the provisions of section 115BBE of the Act or not. To answer this, the provisions of sections 115BBE of the Act are reproduced as below: 115BBE(1). Where the total income of an assessee a. includes any income referred to in section 68

BHISHMA AGRO FOOD PRODUCTS PRIVATE LIMITED,NEW DELHI vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 2(2) MUMBAI, MUMBAI

In the result ITA number 2376/M/2023 filed by the learned AO for assessment year 2021 – 22 is dismissed

ITA 2067/MUM/2023[2015-16]Status: DisposedITAT Mumbai12 Apr 2024AY 2015-16

Bench: Shri Aby T Varkey, Jm & Shri Prashant Maharishi, Am

For Appellant: Shri Rajiv Khandelwal, CA
Section 132Section 143Section 153CSection 68Section 69C

addition under section 68 of the act was made by the learned assessing officer under ITA No. 2371, 2373-77 & 2067/MUM/2023 Bhisma Agro Food Products Pvt. Ltd.; A.Ys.14-15 to 18-19 & 21-22 section 68 of the income

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2(2), MUMBAI vs. BHISMA AGRO FOOD PRODUCTS PVT LTD, MUMBAI

In the result ITA number 2376/M/2023 filed by the learned AO for assessment year 2021 – 22 is dismissed

ITA 2371/MUM/2023[2015-2016]Status: DisposedITAT Mumbai12 Apr 2024AY 2015-2016

Bench: Shri Aby T Varkey, Jm & Shri Prashant Maharishi, Am

For Appellant: Shri Rajiv Khandelwal, CA
Section 132Section 143Section 153CSection 68Section 69C

addition under section 68 of the act was made by the learned assessing officer under ITA No. 2371, 2373-77 & 2067/MUM/2023 Bhisma Agro Food Products Pvt. Ltd.; A.Ys.14-15 to 18-19 & 21-22 section 68 of the income

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2(2), MUMBAI vs. M/S BHISMA AGRO FOOD PRODUCTS PVT LTD, DELHI

In the result ITA number 2376/M/2023 filed by the learned AO for assessment year 2021 – 22 is dismissed

ITA 2376/MUM/2023[2021-22]Status: DisposedITAT Mumbai12 Apr 2024AY 2021-22

Bench: Shri Aby T Varkey, Jm & Shri Prashant Maharishi, Am

For Appellant: Shri Rajiv Khandelwal, CA
Section 132Section 143Section 153CSection 68Section 69C

addition under section 68 of the act was made by the learned assessing officer under ITA No. 2371, 2373-77 & 2067/MUM/2023 Bhisma Agro Food Products Pvt. Ltd.; A.Ys.14-15 to 18-19 & 21-22 section 68 of the income

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2(2), MUMBAI vs. M/S BHISMA AGRO FOOD PRODUCTS PVT LTD, DELHI

In the result ITA number 2376/M/2023 filed by the learned AO for assessment year 2021 – 22 is dismissed

ITA 2377/MUM/2023[2014-2015]Status: DisposedITAT Mumbai12 Apr 2024AY 2014-2015

Bench: Shri Aby T Varkey, Jm & Shri Prashant Maharishi, Am

For Appellant: Shri Rajiv Khandelwal, CA
Section 132Section 143Section 153CSection 68Section 69C

addition under section 68 of the act was made by the learned assessing officer under ITA No. 2371, 2373-77 & 2067/MUM/2023 Bhisma Agro Food Products Pvt. Ltd.; A.Ys.14-15 to 18-19 & 21-22 section 68 of the income

DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-2(2), MUMBAI vs. M/S BHISMA AGRO FOOD PRODUCTS PVT LTD, MUMBAI

In the result ITA number 2376/M/2023 filed by the learned AO for assessment year 2021 – 22 is dismissed

ITA 2373/MUM/2023[2018-2019]Status: DisposedITAT Mumbai12 Apr 2024AY 2018-2019

Bench: Shri Aby T Varkey, Jm & Shri Prashant Maharishi, Am

For Appellant: Shri Rajiv Khandelwal, CA
Section 132Section 143Section 153CSection 68Section 69C

addition under section 68 of the act was made by the learned assessing officer under ITA No. 2371, 2373-77 & 2067/MUM/2023 Bhisma Agro Food Products Pvt. Ltd.; A.Ys.14-15 to 18-19 & 21-22 section 68 of the income

M/S ACTIVE TOOLS (P). LIMITED,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE -II, JALANDHAR

ITA 260/ASR/2019[2014-15]Status: DisposedITAT Amritsar16 Aug 2021AY 2014-15

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

Section 115Section 133ASection 142(1)Section 154Section 68Section 69Section 69ASection 69BSection 69CSection 69D

additional income over and above the normal profits of the business and since the income has been declared as business income, the same cannot be assessed as deemed income under the provisions of section 68

SHRI AMIT TIWARI,INDORE vs. THE DCIT (CENTRAL)-2, INDORE

ITA 699/IND/2019[2015-16]Status: DisposedITAT Indore18 Aug 2020AY 2015-16

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year:2015-16

Section 132Section 132(4)Section 271A

section 271AAB of the Income-Tax Act, 1961 in respect of such additional income of Rs. 68,34,975/- and subsequently

RAKESH JAIN,MUMBAI vs. NATIONAL FACELESS APPEAL CENTRE (NFAC), DELHI

In the result the appeal filed by the assessee stands allowed

ITA 546/MUM/2025[2017-18]Status: DisposedITAT Mumbai04 Dec 2025AY 2017-18
Section 115Section 144Section 145Section 156Section 250Section 274Section 68

addition made is required to be deleted\n3. On the facts of the appellant's case and under the law the\naddition made under section 68 of the Income

M/S SATWANT AGRO ENGINEERS,BHAWANIGARH vs. DCIT, CENTRAL CIRCLE, PATIALA

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

ITA 753/CHANDI/2022[AY 2019-20]Status: DisposedITAT Chandigarh03 May 2024

Bench: SHRI. AAKASH DEEP JAIN (Vice President), SHRI. VIKRAM SINGH YADAV (Accountant Member)

For Appellant: Shri Deepak Anand, AdvocateFor Respondent: Shri Dharamvir, JCIT, Sr. DR
Section 115BSection 133ASection 143(2)Section 143(3)Section 68Section 69Section 69A

income form undisclosed sources. The Tribunal found that the additions in trading results would cover the amount of cash credit as also substantial addition had been made in earlier year. Tribunal was justified in deleting the addition on account of cash credit. 1.4 The AO way out to approach a cash credit under section 68

M/S JR FIBER GLASS INDUSTRIES PVT LTD,MUMBAI vs. NATIONAL FACELESS APPEAL CENTRE, MUMBAI

In the result, the appeal of the assessee is allowed

ITA 2848/MUM/2023[2008-2009]Status: DisposedITAT Mumbai31 Jan 2024AY 2008-2009
For Appellant: \nShri Satyaprakash SinghFor Respondent: \nMs. Kavitha Kaushik (Sr. AR)
Section 133(6)Section 147Section 68

Income Tax Act, introduced by the Finance Act, 2012, were not applicable to AY 2009-10. The Tribunal found that the AO failed to adduce contrary material to counter the assessee's evidence.", "result": "Allowed", "sections": [ "Section 68", "Section 147", "Section 2(24)", "Section 56(2)(viib)", "Section 106" ], "issues": "Whether the addition

ACIT, CENTRAL CIRCLE-2(2), HYDERABAD vs. DEVENDER RAO GORUKANTI, HYDERABAD

In the result, the appeal filed by the revenue is dismissed

ITA 439/HYD/2022[2021-2022]Status: DisposedITAT Hyderabad31 May 2023AY 2021-2022

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarassessment Year: 2021-22 Acit,Cc-2(2) Vs Devender Rao Gourkanti Room No.616,6Th Floor . H.No.8-2-293/82/Nl/231 Aaykar Bhawan Mla Mp Colony Basheerbagh Jubilee Hills Hyderabad-500 004 Hyderabad-500 033 Pan : Akepg7452N (Appellant) (Respondent) Assessee By: Shri H.Srinivasulu Revenue By: Shri K.P.R.R.Murthy, Sr.Ar Date Of Hearing: 20.03.2023 Date Of Pronouncement: 31.05.2023 O R D E R Per Shri Rama Kanta Panda (A.M.): This Appeal Filed By The Assessee Is Directed Against The Order Dated 16.06.2022 Of The Learned Commissioner Of Income Tax (Appeals)-12, Hyderabad Relating To Ay 2021-22. 2. Facts Of The Case, In Brief, Are That The Assessee Is An Individual & Partner In M/S. Yashoda Helathcare Services Pvt.Ltd & Derives Partner’S Remuneration & Interest On Capital. He Filed His Original Return Of Income On 28.12.2021 Declaring Total Income Of Rs.8,56,33,070/- A Search & Seizure Operation U/S. 132 Of The I.T. Act Was Conducted In The Case Of Yashoda Group On 22.12.2020, During Which The Case Of The Assessee Was Also Covered. In Response To Notice U/S. 153A Of The I.T.Act,The Assessee Filed His Return Of Income Admitting Additional

For Appellant: Shri H.SrinivasuluFor Respondent: Shri K.P.R.R.Murthy, Sr.AR
Section 115BSection 132Section 132(4)Section 153ASection 34

additional business income attracts the provisions of section 115BBE of the Act or not. To answer this, the provisions of sections 115BBE of the Act are reproduced as below: 11588E(1). Where the total income of an assessee – a. includes any income referred to in section 68