Section 63 of the Income Tax Act

The decision most relied on for Section 63 is Smt. Sarifabibi Mohmed Ibrahim v. CIT (204 ITR 631), cited in 191 of the 46 judgments on BharatTax that turn on this section.

Leading authorities on Section 63

Smt. Sarifabibi Mohmed Ibrahim v. CIT
204 ITR 631 · 1993 · Supreme Court
191
citing judgments

The determinative test for whether land is agricultural land or a capital asset is its actual user for agricultural purposes, not merely ownership. An explicit intention to stop cultivation or convert the land to non-agricultural use can cause it to lose its agricultural character, making its sale proceeds chargeable to capital gains tax.

Ex Japan) Analyst Fund (2014) 61 SOT 277 and Capital International Emerging Markets Funs v. DIT
145 ITD 491 · 2013 · ITAT
11
citing judgments
Behramji Sorabji Lalkaka v. CIT
16 ITR 301 · 1948 · High Court
8
citing judgments
Ltd. vs. ADIT (2009) (132 TTJ 218); Fidelity Investment Trust Fidelity Overseas Fund v. ADIT
36 SOT 22 · ITAT
4
citing judgments

Judgments on Section 63

AMITA MEMORIAL TRUST,MUMBAI vs. CIT (EXEMPTION) MUMBAI, MUMBAI

In the result, both the appeals of the assessee are allowed

ITA 1263/MUM/2026[2026-27]Status: DisposedITAT Mumbai30 Mar 2026AY 2026-27

Bench: Hon’Ble Justice (Retd.) C V Bhadang & Shri Girish Agrawal

For Appellant: Shri K. Gopal & Ms Neha Paranjpe, AdvocatesFor Respondent: Shri Rajesh Kumar Yadav, CIT DR
Section 11Section 12ASection 12A(1)(ac)Section 60Section 80G

AMITA MEMORIAL TRUST,MUMBAI vs. CIT(EXEMPTION) MUMBAI, MUMBAI

In the result, both the appeals of the assessee are allowed

ITA 1262/MUM/2026[2026-27]Status: DisposedITAT Mumbai30 Mar 2026AY 2026-27

Bench: Hon’Ble Justice (Retd.) C V Bhadang & Shri Girish Agrawal

For Appellant: Shri K. Gopal & Ms Neha Paranjpe, AdvocatesFor Respondent: Shri Rajesh Kumar Yadav, CIT DR
Section 11Section 12ASection 12A(1)(ac)Section 60Section 80G

SREE CAUVERY SOUHARDA CREDIT SAHAKARI SANGHA NIYAMITHA,BENGALURU vs. INCOME TAX OFFICER WARD 1(1)(1), BENGALURU

ITA 1854/BANG/2025[2018-19]Status: DisposedITAT Bangalore12 Mar 2026AY 2018-19

Bench: Shri Waseem Ahmed & Shri Soundararajan K

For Appellant: Smt. Sumana, CAFor Respondent: Shri Subramanian, JCIT (DR
Section 10Section 250Section 56Section 80PSection 80P(2)(a)Section 80P(2)(d)

THE VED PRAKASH MUKAND LAL EDUCATIONAL SOCIETY,YAMUNANAGAR vs. DCIT, YAMUNANAGAR

In the result, the assessee’s appeals, for both the years, stand dismissed

ITA 825/CHANDI/2014[2006-07]Status: DisposedITAT Chandigarh10 Mar 2026AY 2006-07

Bench: Hon’Ble Shri Rajpal Yadav & Hon’Ble Shri Manoj Kumar Aggarwal, Am 1. आयकर अपील सं. / Ita No.824/Chandi/2014 (िनधा"रण वष" / Assessment Year: 2005-06) & 2. आयकर अपील सं. / Ita No.825/Chandi/2014 (िनधा"रण वष" / Assessment Year: 2006-07) The Ved Prakash Mukand Lal Dcit Educational Society Circle Yamuna Nagar बनाम/ Vs. (Radaur, Yamuna Nagar) Haryana C/O Shri Tej Mohan Singh (Advocate) #527, Sector – 10D, Chandigarh "थायीलेखासं./जीआइआरसं./Pan/Gir No. Aaatv-4812-B (अपीलाथ"/Appellant) (""थ" / Respondent) : & 3. आयकर अपील सं. / Ita No.833/Chandi/2014 (िनधा"रण वष" / Assessment Year: 2005-06) & 4. आयकर अपील सं. / Ita No.832/Chandi/2014 (िनधा"रण वष" / Assessment Year: 2006-07) Dcit The Ved Prakash Mukand Lal Circle Yamuna Nagar Educational Society बनाम/ Haryana (Radaur, Yamuna Nagar) Vs. C/O Shri Tej Mohan Singh (Advocate) #527, Sector – 10D, Chandigarh "थायीलेखासं./जीआइआरसं./Pan/Gir No. Aaatv-4812-B (अपीलाथ"/Appellant) (""थ" / Respondent) : अपीलाथ"कीओरसे/ Appellant By : Sh. Tejmohan Singh (Advocate) – Ld. Ar ""थ"कीओरसे/Respondent By : Smt. Yamini (Cit) - Ld. Dr (Virtual)

For Appellant: Sh. Tejmohan Singh (Advocate) – Ld. ARFor Respondent: Smt. Yamini (CIT) - Ld. DR (Virtual)
Section 11Section 11(2)Section 11(5)Section 12ASection 143(1)Section 143(3)Section 147

DIVYA DINESH ,BENGALURU vs. DCIT, CIRCLE-7(1)(1), BANGALORE

ITA 2195/BANG/2025[2021-22]Status: DisposedITAT Bangalore24 Feb 2026AY 2021-22

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

Section 115BSection 143(1)Section 154Section 250Section 80G

DIVYA DINESH ,BENGALURU vs. DCIT, CIRCLE-7(1)(1), BANGALORE

In the result appeal of the assessee is allowed

ITA 2194/BANG/2025[2019-2020]Status: DisposedITAT Bangalore24 Feb 2026AY 2019-2020

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

For Appellant: Shri Sudheendra B.R, AdvocateFor Respondent: Shri Balusamy N, JCIT
Section 115BSection 143(1)Section 154Section 250Section 80G

MAHAVEER NAGARI SAHAKARI PATPEDHI LIMITED,AMALNER vs. ITO WARD 1(4) JALGAON, JALGAON

In the result, appeal of the assessee is allowed

ITA 2228/PUN/2025[2016-17]Status: DisposedITAT Pune30 Jan 2026AY 2016-17

Bench: SHRI VINAY BHAMORE (Judicial Member)

Section 139Section 139(1)Section 143(1)(a)Section 144BSection 147Section 148Section 148ASection 250Section 80PSection 80P(2)(a)

ITO-22(1)(6), MUMBAI, MUMBAI vs. ARCIL RETAIL LOAN PORTFOLIO- 001- A- TRUST, MUMBAI

ITA 4252/MUM/2025[2016-17]Status: DisposedITAT Mumbai22 Jan 2026AY 2016-17

Bench: Shri Amit Shukla& Shri Makarand Vasant Mahadeokar

Section 250

ARUNABEN KISHORKUMAR MANDALIA,AHMEDABAD vs. THE PR.CIT, CENTRAL, AHMEDABAD

In the result, the appeal preferred by the assessee is allowed

ITA 1052/AHD/2025[2017-18]Status: DisposedITAT Ahmedabad20 Jan 2026AY 2017-18

Bench: Shri Sanjay Garg & Shri Narendra Prasad Sinhaआयकर अपील सं./Ita Nos. 1052 To 1054/Ahd/2025 िनधा"रण वष"/Asstt. Years: 2017-18 To 2020-21 Arunaben Kishorkumar Mandalia, The Principal बनामVs 12, Ashwamegh-Iii, Commissioner Of . 132 Feet Ring Road, Income Tax (Central), Satellite, Ahmedabad. Ahmedabad-380015. Pan: Ablpm2848Q (अपीलाथ" /Appellant ( ""यथ" /Respondent) Assessee By : Shri M K Patel, With Shri Vartik Choksi, Ars Revenue By : Shri Sher Singh, Cit.Dr

For Appellant: Shri M K Patel, with Shri Vartik Choksi, ARsFor Respondent: Shri Sher Singh, CIT.DR
Section 132Section 143(3)Section 153CSection 263

SOUTH ASIAN REGIONAL APEX FUND ,MUMBAI vs. INCOME TAX OFFICER -19(3)(4), MUMBAI

ITA 670/MUM/2025[2010-11]Status: DisposedITAT Mumbai16 Jan 2026AY 2010-11

Bench: Shri Saktijit Dey & Shri Jagadishι.Τ.Α. No. 670 & 669/Mum/2025

BALASAHEB VITTHAL SHINDE,PUNE vs. INCOME TAX OFFICER, WARD 5(4), PUNE, AAYAKAR VIBHAG, PMT BUILDING, SWARGATE, PUNE

In the result, the appeal filed by the assessee is allowed for statistical purposes

ITA 674/PUN/2025[2011-12]Status: DisposedITAT Pune29 Dec 2025AY 2011-12

Bench: Shri R. K. Panda & Ms. Astha Chandraassessment Year : 2011-12 Balasaheb Vitthal Shinde Ito, Ward-5(4), Pune Chaledi, Nasarapur, Taluka Bhor, Vs. Pune – 412213 Pan: Anips1140A (Appellant) (Respondent) Assessee By : Shri Deepak S Sasar Department By : Shri Vidya Ratan Kishore Date Of Hearing : 17-12-2025 Date Of Pronouncement : 29-12-2025 O R D E R Per R.K. Panda, Vp:

For Appellant: Shri Deepak S SasarFor Respondent: Shri Vidya Ratan Kishore
Section 143(3)Section 148Section 2Section 63

VYTHIRI SERVICE CO-OPERATIVE BANK LTD.,VYTHIRI vs. ITO, WARD 1, KALPETTA P.O

In the result, the appeal filed by the assessee is allowed

ITA 627/COCH/2025[2023-24]Status: DisposedITAT Cochin21 Nov 2025AY 2023-24

Bench: Shri Inturi Rama Rao, Am Assessment Year: 2023-24 Vythiri Service Co-Op. Bank Ltd. .......... Appellant Vythiri P.O., Wayanad 673576 [Pan: Aaaav8077B] Vs. The Income Tax Officer, Ward-1, Kalpetta .......... Respondent Assessee By: ------- None ------- Revenue By: Smt. Leena Lal, Sr. D.R. Date Of Hearing: 28.10.2025 Date Of Pronouncement: 21.11.2025 O R D E R This Appeal Filed By The Assessee Is Directed Against The Order Of The National Faceless Appeal Centre, Delhi [Cit(A)] Dated 04.07.2025 For Assessment Year (Ay) 2023-24. 2. Brief Facts Of The Case Are That The Appellant Is A Co-Operative Society Registered Under The Kerala State Co-Operative Societies Act, 1969. It Is Engaged In The Business Of Accepting Deposits From Members & Providing Credit Facilities To Members. The Appellant Filed The Return Of Income For Ay 2023-24 On 14.10.2023 Disclosing Income Of Rs. 1,46,100/- After Claiming Deduction U/S. 80P(2)(A)(I) Of The Income Tax Act, 1961 (The Act) Of Rs. 1,68,13,360/-. Against

For Appellant: ------- None -------For Respondent: Smt. Leena Lal, Sr. D.R
Section 40Section 63Section 64Section 80P(2)(a)

MRS. SNEHLATA GOEL,MUMBAI vs. DY COMM OF INCOME TAX, CIR-3(3)(1), MUMBAI

ITA 1793/MUM/2024[2016-17]Status: DisposedITAT Mumbai03 Nov 2025AY 2016-17

Bench: Justice (Retd.) C V Bhadang & Ms Padmavathy S, Am

For Appellant: Shri S K Tulsian and Lata Goel
Section 133(6)Section 2(14)Section 250

ASHOK SOMNATH SONAWANE,NASHIK vs. ITO WARD 2(1) NASHIK, NASHIK MAHARASHTRA

ITA 2154/PUN/2024[2013-14]Status: DisposedITAT Pune30 Sept 2025AY 2013-14

Bench: Shri Manish Borad & Ms. Astha Chandraआयकर अपील सं. / Ita No.2154/Pun/2024 धििाारण वर्ा / Assessment Year : 2013-14 Ashok Somnath Sonawane, Ito, Ward-2(1), Nashik Tara Kutir Bunglow, Mahatma Nagar, Nashik-422005 Vs. Pan : Alops7734A अपीलार्थी / Appellant प्रत्यर्थी / Respondent Assessee By : Shri Suhas Vadulekar (Virtual) Department By : Shri Ramnath P. Murkunde Date Of Hearing : 23-07-2025 Date Of 30-09-2025 Pronouncement : आदेश / Order

For Appellant: Shri Suhas Vadulekar (Virtual)For Respondent: Shri Ramnath P. Murkunde
Section 142(1)Section 143(3)Section 147Section 148Section 151(2)Section 54BSection 63

K B S ENTEPRISES,JAIPUR vs. ACIT(CIRCLE-6), JAIPUR

Appeal is dismissed while upholding the addition/disallowance made by holding that net profit @

ITA 725/JPR/2025[2017-18]Status: DisposedITAT Jaipur16 Sept 2025AY 2017-18

Bench: Filing Of This Appeal, Was In Appeal Before Learned Cit(A), Nfac, Feeling Dissatisfied With The Assessment Order Dated 16.12.2019, Relating To The Assessment Year 2017-18, Whereby Following Disallowances & Additions Were Made, In Computing Total Income Of The Assessee At Rs. 3,23,55,510/-:- “6. Subject To Above Remarks, Total Income Of The Assessee Is Computed As Under:-

For Appellant: Shri Ashish Khandelwal, C.AFor Respondent: Smt. Anita Rinesh, JCIT
Section 142(1)Section 143(1)Section 143(2)Section 40Section 68

BASTUHARA SAHAYATA SAMITI,KOLKATA vs. ITO, WARD 1(2)(EXEMPTION),, KOLKATA

In the result, the appeal filed by the assessee is allowed

ITA 444/KOL/2025[2016-17]Status: DisposedITAT Kolkata28 Jul 2025AY 2016-17

Bench: Shri Duvvuru Rl Reddy, Vice-(Kz) I.T.A. No. 444/Kol/2025 Assessment Year: 2016-2017 Bastuhara Sahayata Samiti,……………….…Appellant 27/1B, Bidhan Sarani, Srimini Market, Kolkata-700006, West Bengal [Pan:Aaatb7422R] -Vs.- Income Tax Officer,……………………………..Respondent Ward-1(2), (Exemption), Kolkata, Office Of The Income Tax Officer, 10B, Middleton Row, Kolkata-700071 Appearances By: Shri S.K. Tulsian, Advocate & Ms. Puja Somani, C.A., Appeared On Behalf Of The Assessee Shri Somnath Das Biswas, Sr. D.R., Appeared On Behalf Of The Revenue Date Of Concluding The Hearing: May 20, 2025 Date Of Pronouncing The Order: July 28, 2025 O R D E R

Section 119(2)(b)Section 12ASection 142(1)Section 143(2)Section 143(3)

ASCO BANK LIMITED,ARAKULAM P.O THODUPUZHA vs. INCOME TAX OFFICER, WARD 1&TPS, THODUPUZHA

In the result, the appeal filed by the assessee stand allowed

ITA 923/COCH/2024[2017-18]Status: DisposedITAT Cochin27 Jun 2025AY 2017-18

Bench: Shri Inturi Rama Rao, Am & Shri Prakash Chand Yadav, Jm Assessment Year: 2017-18 Asco Bank Limited .......... Appellant Arakulam P.O.Tohodupuzha, Idukki 685591 [Pan: Aaala0637M] Vs. The Income Tax Officer, Ward -1 & Tps .......... Respondent Thodupuzha Appellant By: Smt. G Mini, Advocate Respondent By: Smt. Leena Lal, Sr. D.R. Date Of Hearing: 21.05.2025 Date Of Pronouncement: 27.06.2025

For Appellant: Smt. G Mini, AdvocateFor Respondent: Smt. Leena Lal, Sr. D.R
Section 143(3)Section 63Section 64Section 80PSection 80P(2)(a)

SHARADCHANDRA NAGARI SAHAKARI PATSANSTHA MARYADIT,PUNE vs. ITO WARD 10(1), PUNE

In the result, appeal of the assessee is allowed

ITA 1068/PUN/2025[2011-12]Status: DisposedITAT Pune18 Jun 2025AY 2011-12

Bench: Ms.Astha Chandra & Dr.Dipak P. Ripoteआयकर अपील सं. / Ita No.1068/Pun/2025 िनधा"रण वष" / Assessment Year: 2011-12 Sharadchandra Nagari Sahakari V The Income Tax Officer, Patsanstha Maryadit, S Ward-10(1), Pune. At Post–Rajuri, Taluka–Junnar, Dist. Pune – 412411. Maharashtra. Pan: Aaabs1016L Appellant/ Assessee Respondent / Revenue Assessee By Shri Abhay Avachat – Ar Revenue By Shri Dayanand Jawalikar – Jcit(Dr) Date Of Hearing 12/06/2025 Date Of Pronouncement 18/06/2025

Section 143(3)Section 147Section 148Section 250Section 56Section 57Section 80PSection 80P(2)(a)Section 80P(2)(d)

THE KALAKKODU SERVICE CO-OPERATIVE BANK LTD NO.1194,KOLLAM vs. ITO, WARD 2, KOLLAM

In the result, both the appeals filed by the assessee are allowed and both the connected stay applications are dismissed

ITA 22/COCH/2025[2018-19]Status: DisposedITAT Cochin12 Jun 2025AY 2018-19

Bench: Shri Inturi Rama Rao & Shri Sonjoy Sarma

For Appellant: Shri Sabu C S, CAFor Respondent: Shri Suresh Sivanandan IRS, CIT DR and Smt
Section 143(2)Section 80PSection 80P(2)Section 80P(2)(a)Section 80P(2)(d)

THE KALAKKODU SERVICE CO-OPERATIVE BANK LTD NO.1194,KOLLAM vs. ITO, WARD 2, KOLLAM

In the result, both the appeals filed by the assessee are allowed and both the connected stay applications are dismissed

ITA 21/COCH/2025[2016-17]Status: DisposedITAT Cochin12 Jun 2025AY 2016-17

Bench: Shri Inturi Rama Rao & Shri Sonjoy Sarma

For Appellant: Shri Sabu C S, CAFor Respondent: Shri Suresh Sivanandan IRS, CIT DR and Smt
Section 143(2)Section 80PSection 80P(2)Section 80P(2)(a)Section 80P(2)(d)

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