PCIT v. Kishore Kumar Mohapatra

162 Taxmann.com 5Supreme Court of India2024#5158 most cited

What is PCIT v. Kishore Kumar Mohapatra authority for?

The Supreme Court dismisses a Revenue appeal, upholding the deletion of additions made under Section 10(38) where the assessee was denied an opportunity to cross-examine 'entry operators' whose statements were used against them, violating natural justice.

23

judgments rely on this decision, according to BharatTax’s citation analysis of 366,005 Indian tax judgments — from 2024 to 2026.

Also referred to as

PCIT v. Kishore Kumar Mohapatra · Section 10(38) · Long Term Capital Gain · Bogus LTCG · Penny Stock · Entry Operator · Cross-examination · Principles of Natural Justice · SLP dismissal

Also reported as

298 Taxmann 648

Sections most often in play

Section 147Section 68Section 10(38)Section 148Section 143(3)Section 69CSection 151Section 153A

Issues it is cited on

bogus long term capital gainsection 10(38)price riggingbogus ltcgsection 151(1)material facts necessary for assessmentpenny stockentry operatorperiod of holdingborrowed satisfactionbeyond four yearsmere change of opinion

Judgments citing PCIT v. Kishore Kumar Mohapatra

Bhavana Lalit Jain, Navi Mumbai vs. Income Tax Officer, WD-15(1)(1), Mumbai

The appeals are allowed

ITA 1016/MUM/2024[2014-15]Status: DisposedITAT Mumbai15 Oct 2024AY 2014-15

Bench: Shri Prashant Maharishi, Am & Shriraj Kumar Chauhan, Jm

Section 10Section 143Section 147Section 148Section 68

…A Y : 2014–15 Bhavna Lalit Jain Versus Income Tax Officer, Mumbai IN THE INCOME TAX APPELLATE TRIBUNAL “G” BENCH, MUMBAI BEFORE SHRI PRASHANT MAHARISHI, AM AND SHRIRAJ KUMAR CHAUHAN, JM ITA No. A.Y.2014-15 1016/MUM/2024 Mrs. Bhavna Lalit Jain The Income Tax Plot number 21, Officer Maharashtra sector 1A Ward – 15 (1) (1) Vs. Koper Khairane Aayakar Bhavan Maharashtra 400708 Maharishi Karve Road New Marine Lines Mumbai 400020 (Appellant) (Respondent) PAN ACIPJ0205E Assessee by Shri Prakash G. Jhunjhunwala Revenue by Shri Ashok Kumar Ambastha, Sr. (DR), 25th August, 2024 Date of hearing 15th October 2024 Date of…

ITO-28.3.1, Navi Mumbai vs. Seema Narendra Bapna, Nerul

In the result both the grounds of appeal are dismissed

ITA 1120/MUM/2024[2014-15]Status: DisposedITAT Mumbai10 Oct 2024AY 2014-15

Bench: Shri Prashant Maharishi, Am & Shri Raj Kumar Chauhan, Jm A.Y.2014-15 Ito,28.3.1, Seema Narendra Bapna, Mumbai Flat No.A 2701, Plot No. R3 B Emerald Bay, Sector Vs. 14 Nerul, Navi Mumbai, Thane 400706

Section 143Section 147Section 148

…A Y : 2014–15 Income Tax Officer Versus Seema Narendra Bapna IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH, MUMBAI BEFORE SHRI PRASHANT MAHARISHI, AM AND SHRI RAJ KUMAR CHAUHAN, JM A.Y.2014-15 ITO,28.3.1, Seema Narendra Bapna, Mumbai Flat No.A 2701, Plot No. R3 B Emerald Bay, Sector Vs. 14 Nerul, Navi Mumbai, Thane 400706 (Appellant) (Respondent) PAN ALGPS6788Q Assessee by Shri Prakash G. Jhunjhunwala Revenue by Shri Ashok Kumar Ambastha, Sr. (DR), 22ndAugust, 2024 Date of hearing Date of pronouncement 10 October 2024 O R D E R PER PRASHANT MAHARISHI, AM: 1. ITA number 1120/M/2024 is filed by The Income Tax…

Ganesh Kumar Sharma, Cuttack vs. ITO, Ward-1, Cuttack

In the result, appeal of the assessee is allowed on the legal as well as on merits also

ITA 258/CTK/2024[2013-14]Status: DisposedITAT Cuttack05 Aug 2024AY 2013-14
For Appellant: Shri S.K.Sarangi, CAFor Respondent: Shri S.C.Mohanty, Sr. DR
Section 10(38)Section 139Section 147Section 148Section 153Section 31Section 68

…आयकर अऩीऱीय अधधकरण, कटक न्यायऩीठ,कटक IN THE INCOME TAX APPELLATE TRIBUNAL CUTTACK BENCH CUTTACK BEFORE SHRI GEORGE MATHAN, JUDICIAL MEMBER AND SHRI MANISH AGARWAL, ACCOUNTANT MEMBER आयकर अऩीऱ सं/ITA No.258/CTK/2024 (ननधाारण वषा / Assessment Year : 2013-2014) Ganesh Kumar Sharma, Vs ITO, Ward-1, Cuttack Buxi Bazar, C/O: D.N.Mohanty, Buxi Bazar, Cuttack-753001 PAN No. :AHMPS 4283 J (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) .. ननधााररती की ओर से /Assessee by : Shri S.K.Sarangi, CA राजस्व की ओर से /Revenue by : Shri S.C.Mohanty, Sr. DR सुनवाई की तारीख / Date of Hearing : 05/08/2024 घोषणा की तारीख/Date of Pronounce…