“Section 48(2)”

Section References (mined)Section 48Section 48(2)3 judgments

SHRI. MOHAN KASHIRAM KADAM,NAVI MUMBAI vs. ITO 28(2)(2), NAVI MUMBAI

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

ITA 658/MUM/2020[2012-13]Status: DisposedITAT Mumbai18 Feb 2022AY 2012-13

Bench: Shri S. Rifaur Rahman, Am & Shri Amarjit Singh, Jm आयकर अपील सं/ I.T.A. No. 658/Mum/2020 (निर्धारण वर्ा / Assessment Year: 2012-13) Mohan Kashiram Kadam बिधम/ Ito-28(2)(2) 418/419, The Great Eastern Room No. 307, Tower No.6, Vs. Galleria, Sector-4, Nerul, Vashi Station Complex, Navi Mumbai-400706. Vashi, Navi Mumbai- 4000703. स्थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aanpk4585D (अपीलाथी /Appellant) .. (प्रत्यथी / Respondent) Assessee By: Shri Aditya Ramchandran Revenue By: Ms. Neha Thakur (Sr. Ar) सुनवाई की तारीख / Date Of Hearing: 31/01/2022 घोषणा की तारीख /Date Of Pronouncement: 18/02/2022 आदेश / O R D E R Per Amarjit Singh, Jm: The Assessee Has Filed The Present Appeal Against The Order Dated 06.11.2019 Passed By The Commissioner Of Income Tax (Appeals)-26, Mumbai [Hereinafter Referred To As The “Cit(A)”] Relevant To The A.Y. 2012-13. 2. The Assessee Has Raised The Following Grounds: - “On The Facts & In The Circumstances Of The Case & In Law, 1. The Ld. Cit(A) Has Erred In Confirming Action Of A.O. Of Adding Short Term Capital Gain U/S 50 Arising Out Of Sale Of Depreciable Asset To The Tune Of Rs. 25,13,544/- By Denying The Exemption U/S 54F In

For Appellant: Shri Aditya RamchandranFor Respondent: Ms. Neha Thakur (Sr. AR)

Section 50Section 54F

IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH, MUMBAI BEFORE SHRI S. RIFAUR RAHMAN, AM AND SHRI AMARJIT SINGH, JM

COMMISSIONER OF INCOME TAX vs. M/S SUN INVESTMENTS LTD.

The appeal is allowed

ITA - 91 / 2002HC Delhi19 Nov 2015

For Appellant: Mr. N.P. Sahni, Senior Standing counselFor Respondent: Mr. Ajay Vohra, Senior Advocate with Ms

Section 143(2)Section 260A

capital gain of Rs.1,30,77,220/- (one crore thirty lacs seventy seven thousand two hundred twenty) and after making adjustments under Section 48(2) of the Act, the Assessee declared a capital gain of Rs.91,43,554/- (ninety one lacs forty three thousand five hundred fifty four). In addition

COMMISSIONER OF INCOME TAX DEL vs. GULAB SUNDRI BAPNA

Appeal is disposed of

ITA - 198 / 2001HC Delhi28 Aug 2014

Section 18Section 4Section 45(5)(b)Section 48(2)Section 6

furnishing security/guarantee. 4. The Assessing Officer brought to tax Rs.59,63,410/- after excluding 50% of the compensation so awarded in terms of Section 48(2) of the Act. The respondent assessee, however, succeeded before the Commissioner of Income tax (Appeals) who observed that she was only a sub-lessee