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7 results for “capital gains”+ Section 239clear

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Key Topics

Section 10A10Section 12A10Section 69A5Section 80G(5)4Section 143(3)3Deduction3Natural Justice3Exemption3Section 352Section 14A

VIMARSH PRAKASHBHAI VASAVADA,VADODARA, GUJARAT vs. INCOME TAX OFFICER WARD 1(2)(2), VADODARA, VADODARA, GUJARAT

The appeal of the assessee is allowed for statistical purposes subject to payment of cost

ITA 2653/AHD/2025[2020-21]Status: DisposedITAT Ahmedabad17 Feb 2026AY 2020-21

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

For Appellant: Respondent by: Shri Rignesh Das, CIT-DRFor Respondent: Shri Rignesh Das, CIT-DR
Section 115BSection 143(3)Section 144BSection 234BSection 234CSection 271ASection 54FSection 69A

section 143(3) of the Income-tax Act, 1961 (“the Act”). During the course of assessment proceedings, the Assessing Officer noticed that the assessee had disclosed Long Term Capital Gains in Schedule CG and had shown sale consideration of ₹25,12,46,239

2
Section 1482
Disallowance2

SHRI BALASHAH BAVA SANSTHA SARVAJANIK TRUST,ANAND vs. THE CIT (EXEMPTION), AHMEDABAD

In the result, appeal of the assessee/applicant trust is allowed for statistical purposes

ITA 303/AHD/2025[NA]Status: DisposedITAT Ahmedabad26 May 2025

Bench: Dr. Brr Kumar & Shri Siddhartha Nautiyal

For Appellant: Respondent by: Shri Ashesh R. Rewar, CIT-DRFor Respondent: Shri Ashesh R. Rewar, CIT-DR
Section 12ASection 80G(5)

capital gains and he could not, in such cases, refuse to grant relief under section 143 to the assessee on the technical plea that the assessee had not filed a revised return. It is so since the paramount duty of the Assessing Officer is to complete the assessments in accordance with law. It is all the more

SHRI BALASHAH BAVA SANSTHA SARVAJANIK TRUST,ANAND vs. THE CIT (EXEMPTION), AHMEDABAD

In the result, appeal of the assessee/applicant trust is allowed for statistical purposes

ITA 304/AHD/2025[NA]Status: DisposedITAT Ahmedabad26 May 2025

Bench: Dr. Brr Kumar & Shri Siddhartha Nautiyal

For Appellant: Respondent by: Shri Ashesh R. Rewar, CIT-DRFor Respondent: Shri Ashesh R. Rewar, CIT-DR
Section 12ASection 80G(5)

capital gains and he could not, in such cases, refuse to grant relief under section 143 to the assessee on the technical plea that the assessee had not filed a revised return. It is so since the paramount duty of the Assessing Officer is to complete the assessments in accordance with law. It is all the more

PRADIPSINH GHANSHYAMSINH VAGHELA,AHMEDABAD vs. THE ITO, WARD-3(2)(1), AHMEDABAD

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

ITA 325/AHD/2025[2018-19]Status: DisposedITAT Ahmedabad11 Jul 2025AY 2018-19

Bench: SHRI SANJAY GARG (Judicial Member), SMT. ANNAPURNA GUPTA (Accountant Member)

For Appellant: Shri Pradeep Tulsian, A.RFor Respondent: Shri R P Rastogi, CIT. DR
Section 148Section 148ASection 250

section 56 is not applicable and hence the addition should be deleted. 12. The whole assessment proceeding is with bad intention and based on the wrong presumptions and assumptions. 13. That on the facts and in the circumstances of the case the learned Assessing Officer has grossly erred in making addition. ITA No.325/Ahd/2025 [Pradipsinh Ghanshyamsinh Vaghela

VIRANG JAYENDRABHAI SHAH,AHMEDABAD vs. THE ITO, WARD-3(3)(5), AHMEDABAD

In the result, appeal of the assessee is dismissed

ITA 1941/AHD/2024[2020-21]Status: DisposedITAT Ahmedabad18 Feb 2025AY 2020-21

Bench: Ms. Suchitra Kamble & Shri Narendra Prasad Sinhaassessment Year: 2020-21

Section 24Section 50C

239/- in the purchase consideration of Rs.53,90,450/-. The assessee claimed his share as one third which comes to Rs.17,96,818/- as per the observation made by the Assessing Officer in paragraph no.3 of the Assessment Order. After issuing salutatory notices and taking on record the assessee’s submissions alongwith evidences, the Assessing Officer held that the assessee

M/S. SAHAJANAND LASER TECHNOLOGY LTD.,,GANDHINAGAR vs. THE DCIT, CIRCLE-4(1)(1),, AHMEDABAD

In the result, the appeal of the assessee for A

ITA 16/AHD/2020[2013-14]Status: DisposedITAT Ahmedabad01 Jan 2026AY 2013-14

Bench: Ms. Suchitra Kamble & Shri Narendra Prasad Sinhaआयकर अपील सं./I.T.A. Nos. 15 & 16/Ahd/2020 (िनधा"रण वष" / Assessment Years : 2012-13 & 2013-14)

For Appellant: Ms. Arti N Shah, ARFor Respondent: Shri Praveen Verma, CIT. DR
Section 10ASection 143(3)Section 14ASection 35

gains had not been included by application of provisions of sub-section 7B of section 10A, the ITA Nos. 15 & 16/Ahd/2020 (M/s. Sahajanand Laser Technology Ltd. vs. ITO] A.Ys. 2012-13 & 2013-14 - 12 – undertaking being unit shall be entitled to deduction referred to in this sub- section only for the unexpired period of ten consecutive assessment years and thereafter

M/S. SAHAJANAND LASER TECHNOLOGY LTD.,,GANDHINAGAR vs. THE ITO, WARD-4(1)(1),, AHMEDABAD

In the result, the appeal of the assessee for A

ITA 15/AHD/2020[2012-13]Status: DisposedITAT Ahmedabad01 Jan 2026AY 2012-13

Bench: Ms. Suchitra Kamble & Shri Narendra Prasad Sinhaआयकर अपील सं./I.T.A. Nos. 15 & 16/Ahd/2020 (िनधा"रण वष" / Assessment Years : 2012-13 & 2013-14)

For Appellant: Ms. Arti N Shah, ARFor Respondent: Shri Praveen Verma, CIT. DR
Section 10ASection 143(3)Section 14ASection 35

gains had not been included by application of provisions of sub-section 7B of section 10A, the ITA Nos. 15 & 16/Ahd/2020 (M/s. Sahajanand Laser Technology Ltd. vs. ITO] A.Ys. 2012-13 & 2013-14 - 12 – undertaking being unit shall be entitled to deduction referred to in this sub- section only for the unexpired period of ten consecutive assessment years and thereafter