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8 results for “capital gains”+ Section 84(1)clear

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Key Topics

Section 26318Section 143(3)10Section 2506Capital Gains6Addition to Income5Section 684Section 143(1)3Section 143(2)3Section 144B3Long Term Capital Gains

SANJANA GUPTA,JHANSI vs. ITO-WARD-2(3)(1) JHANSI, JHANSI

In the result, appeal of the assessee is allowed

ITA 433/AGR/2025[2014-2015]Status: DisposedITAT Agra21 Jan 2026AY 2014-2015

Bench: Shri M. Balaganeshsanjana Gupta, Vs. Ito, 130, Gudri Bazar, Jhansi Ward-2(3)(1), Jhansi (Appellant) (Respondent) Pan: Awbpg1536E Assessee By : Smt Prathna Jalan, Ca Revenue By: Shri Anil Kumar, Sr. Dr Date Of Hearing 19/01/2026 Date Of Pronouncement 21/01/2026 O R D E R

For Appellant: Smt Prathna Jalan, CAFor Respondent: Shri Anil Kumar, Sr. DR
Section 143(3)Section 254Section 50C(2)

84 taxmann.com 64 wherein, the Hon‟ble High Court has held as under:- “13. The relevant sub-section (1) of Section 254 of the Act reads as under :— "254. Orders of Appellate Tribunal. 254 (1). The Appellate Tribunal may, after giving both the parties to the appeal an opportunity of being heard, pass such orders thereon as it thinks

3
Section 69C2
Reassessment2

SURENDRA KUMAR AGARWAL,MAURANIPUR vs. INCOME TAX OFFICER, JHANSI

In the result, ITA No. 80 and 255/Agr/2025 are allowed for statistical

ITA 255/AGR/2025[2020-21]Status: DisposedITAT Agra27 Oct 2025AY 2020-21

Bench: : Shri S. Rifaur Rahman & Shri Sunil Kumar Singh

Section 143(1)Section 143(2)Section 143(3)Section 144BSection 250

84,852/- and Rs.18,39,483/- as income from long term capital gains on the sale of property. The return was processed u/s. 143(1) of the Act. Subsequently, the case was selected for scrutiny under CASS on the issue of “sale consideration of property shown in ITR is less than the value as per stamp authority”. Statutory notices

SURENDRA KUMAR AGARWAL,JHANSI vs. ASSESSMENT UNIT, NEW DELHI

In the result, ITA No. 80 and 255/Agr/2025 are allowed for statistical

ITA 278/AGR/2025[2020-21]Status: DisposedITAT Agra27 Oct 2025AY 2020-21

Bench: : Shri S. Rifaur Rahman & Shri Sunil Kumar Singh

Section 143(1)Section 143(2)Section 143(3)Section 144BSection 250

84,852/- and Rs.18,39,483/- as income from long term capital gains on the sale of property. The return was processed u/s. 143(1) of the Act. Subsequently, the case was selected for scrutiny under CASS on the issue of “sale consideration of property shown in ITR is less than the value as per stamp authority”. Statutory notices

SURENDRA KUMAR AGARWAL,MAURANIPUR vs. NATIONAL E ASSESSMENT CENTER, DELHI

In the result, ITA No. 80 and 255/Agr/2025 are allowed for statistical

ITA 80/AGR/2025[2018-19]Status: DisposedITAT Agra27 Oct 2025AY 2018-19

Bench: : Shri S. Rifaur Rahman & Shri Sunil Kumar Singh

Section 143(1)Section 143(2)Section 143(3)Section 144BSection 250

84,852/- and Rs.18,39,483/- as income from long term capital gains on the sale of property. The return was processed u/s. 143(1) of the Act. Subsequently, the case was selected for scrutiny under CASS on the issue of “sale consideration of property shown in ITR is less than the value as per stamp authority”. Statutory notices

SMT. SARIKA SRIVASTAVA,AGRA vs. PCIT-1, AGRA, AGRA

The appeals of the assessees are allowed in above terms

ITA 56/AGR/2022[2012-13]Status: DisposedITAT Agra30 Apr 2025AY 2012-13

Bench: : Smt. Annapurna Gupta & Shri Sunil Kumar Singhassessment Year: 2012-13

Section 143(3)Section 147Section 148Section 263

1) . That despite records revealing stamp duty value of 2 properties sold by the assessee during the year exceeding the actual consideration received, the AO failed to invoke section 50C of the Act, while assessing capital gains earned on the said transaction, and make addition of the excess of the stamp duty value to the actual consideration received

SHRI ATUL SRIVASTAVA,AGRA vs. PCIT-1, AGRA, AGRA

The appeals of the assessees are allowed in above terms

ITA 57/AGR/2022[2012-13]Status: DisposedITAT Agra30 Apr 2025AY 2012-13

Bench: : Smt. Annapurna Gupta & Shri Sunil Kumar Singhassessment Year: 2012-13

Section 143(3)Section 147Section 148Section 263

1) . That despite records revealing stamp duty value of 2 properties sold by the assessee during the year exceeding the actual consideration received, the AO failed to invoke section 50C of the Act, while assessing capital gains earned on the said transaction, and make addition of the excess of the stamp duty value to the actual consideration received

RUBY JAIN,AGRA vs. INCOME TAX OFFICER, WARD 1(1)(3), AGRA

In the result, the questions referred to us are answered as follows :

ITA 128/AGR/2025[2015-16]Status: DisposedITAT Agra21 Jan 2026AY 2015-16

Bench: Shri M. Balaganeshruby Jain, Vs. Income Tax Officer, 1/78A, Kale Ka Tall, Delhi Ward-1(1)(3), Gate, Agra Agra (Appellant) (Respondent) Pan: Aevpj4936P Assessee By : Shri K. K. Jain, Adv Revenue By: Shri Anil Kumar, Sr. Dr Date Of Hearing 19/01/2026 Date Of Pronouncement 21/01/2026

For Appellant: Shri K. K. Jain, AdvFor Respondent: Shri Anil Kumar, Sr. DR
Section 10(38)Section 143(3)Section 68Section 69C

84 scrips by categorizing the same as penny stock where the price of shares were artificially rigged abnormally in connivance with certain entry providers/promoters, etc with a view to give undue benefit of exemption of long-term capital gains or short-term capital loss to various persons by converting their unaccounted income into accounted income. Admittedly, HPC Biosciences

RAM LAL BSHAL,GWALIOR vs. ITO.-WARD-3(1), GWALIOR

Appeal is allowed

ITA 101/AGR/2016[2008-09]Status: DisposedITAT Agra17 Feb 2025AY 2008-09

Bench: : Shri Satbeer Singh Godara & Shri Manoj Kumar Aggarwalassessment Year: 2008-09

Section 143(3)Section 55A

84, Tansen Vs. Income-tax Officer, Road, Gwalior (MP) Ward 3(1), Gwalior PAN : AFEPB7668G (Appellant) (Respondent) Assessee by Sh. Anurag Sinha, Advocate Department by Sh. Shailendra Shrivastava, Sr. DR Date of hearing 17.02.2025 Date of pronouncement 17.02.2025 ORDER Per Satbeer Singh Godara, Judicial Member: This assessee’s appeal for assessment year 2008-09, arises against the Commissioner of Income