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8 results for “capital gains”+ Section 260Aclear

Sorted by relevance

Delhi161Mumbai73Chennai48Jaipur23Nagpur16Kolkata15Ahmedabad8Indore8Raipur6Surat4Hyderabad4Agra4Jodhpur3Lucknow3Amritsar3Allahabad3Dehradun2Pune2Bangalore2Cochin1

Key Topics

Section 1488Section 1478Section 686Addition to Income6Section 143(3)5Section 2505Section 80I4Section 271(1)(c)4Section 143(1)4

NIRAJ PRATAPBHAI SHAH,AHMEDABAD vs. THE INCOME TAX OFFICER, WARD-3(3)(2)(FORMERLY ITO, WARD-3(3)(3)), AHMEDABAD

In the result, the appeal of the assessee in ITA No

ITA 87/AHD/2024[2013-14]Status: DisposedITAT Ahmedabad09 Jul 2024AY 2013-14

Bench: Income Tax Appellate Tribunal, Ahmedabad Bench

For Appellant: Shri Kushal Fofaria, A.RFor Respondent: Smt. Trupti Patel, Sr. D.R
Section 132Section 139Section 143(1)Section 147Section 234ASection 250Section 271(1)(c)Section 68

capital gain , and the assessee being beneficiary of such tax evasion wherein the assessee has carried out transaction of Rs. 2,77,500/- in the scrip of Safal Herbs Limited . The additions of Rs. 2,77,500/- was made by the AO to the income of the assessee as unexplained cash credit u/s. 68 of the Act. Alternatively

Reopening of Assessment4
Disallowance3
Long Term Capital Gains3

NIRAJ PRATAPBHAI SHAH,AHMEDABAD vs. THE INCOME TAX OFFICER,WARD-3(3)(2), (FORMERLY ITO, WARD-3(3)(3),, AHMEDABAD

In the result, the appeal of the assessee in ITA No

ITA 85/AHD/2024[2013-14]Status: DisposedITAT Ahmedabad09 Jul 2024AY 2013-14

Bench: Income Tax Appellate Tribunal, Ahmedabad Bench

For Appellant: Shri Kushal Fofaria, A.RFor Respondent: Smt. Trupti Patel, Sr. D.R
Section 132Section 139Section 143(1)Section 147Section 234ASection 250Section 271(1)(c)Section 68

capital gain , and the assessee being beneficiary of such tax evasion wherein the assessee has carried out transaction of Rs. 2,77,500/- in the scrip of Safal Herbs Limited . The additions of Rs. 2,77,500/- was made by the AO to the income of the assessee as unexplained cash credit u/s. 68 of the Act. Alternatively

ILABAHEN VIRALKUMAR MEHTA,AHMEDABAD vs. THE INCOME TAX OFFICER, WARD-3, ANAND

In the result, the appeal of the assessee in ITA No

ITA 17/AHD/2024[2012-13]Status: DisposedITAT Ahmedabad16 Jul 2024AY 2012-13

Bench: Income Tax Appellate Tribunal, Ahmedabad Bench, Ahmedabad Has Arisen From The

For Appellant: Ms. Kinjal V. Shah, A.RFor Respondent: Shri Sanjay Jain, Sr. D.R
Section 143(2)Section 143(3)Section 147Section 148Section 151Section 250

capital gains/losses to various beneficiaries. The assessee being one of the beneficiary. The assessee has not declared and disclosed the transaction of sale and purchase of shares of Hemo Organics Limited in the return of income filed u/s 139, while the assessee declared gains arising on the sale of 8000 shares in the return of income filed in response

SHAILESHBHAI BHA vs. ANGBHAI CHAVDA,BHAVNAGARVS.THE INCOME TAX OFFICER WARD 1(4) BHAVNAGAR, BHAVNAGAR

In the result, the appeal of the assessee in ITA No

ITA 248/AHD/2024[2012-13]Status: DisposedITAT Ahmedabad11 Jul 2024AY 2012-13

Bench: Shri Ramit Kochar (Accountant Member)

For Appellant: Shri Jignesh Parikh, A.RFor Respondent: Smt. Trupti Patel, Sr. D.R
Section 132(4)Section 143(3)Section 147Section 148Section 250Section 68

gains/ short term capital loss/unsecured loans , and the total sale value of the scrips of these three companies aggregated to Rs.16,79,307/. Proceedings u/s. 147/148 were initiated against the assessee by the AO after recording of the reasons and after taking of necessary administrative approvals from the higher authorities. Notice u/s. 148 dated 30.03.2019 was issued and served upon

SAKET M JAIN (HUF),AHMEDABAD vs. THE INCOME TAX OFFICER, WARD-5(2)(4), AHMEDABAD

In the result, the appeal of the assessee in ITA No

ITA 314/AHD/2023[2013-14]Status: DisposedITAT Ahmedabad12 Aug 2024AY 2013-14

Bench: Income Tax Appellate Tribunal, Ahmedabad Division Bench, Ahmedabad Has Arisen From The Appellate Order Dated 24.03.2023 Passed By Ld. Cit(A), Nfac, Delhi U/S.250 Of The Income-Tax Act,1961

For Appellant: None(Adjournment Application-Rejected)For Respondent: Shri Ashok Kumar Suthar, Sr.DR
Section 133(6)Section 142(1)Section 143Section 143(1)Section 143(2)Section 145Section 250

capital gain and from other sources. The assessee is engaged in the business of cutting, falling and selling standing trees. The AO observed from profit and loss accounts of M/s.Essam Trading Company of which the assessee is proprietor , that the 4 I.T.A No.314/Ahd/2023 A.Y. 2013-14 Page No. Saket M Jain(HUF) assessee has shown income from operation

THE DY. COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1),, BARODA vs. M/S. SUN PHARMA LABORATORIES LTD.,, MUMBAI

In the result, the Department’s appeal is partly allowed

ITA 741/AHD/2019[2015-16]Status: DisposedITAT Ahmedabad09 Oct 2024AY 2015-16

Bench: Smt. Annapurna Gupta (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

Section 115JSection 143(3)Section 14ASection 36(1)(va)Section 37(1)Section 80Section 80I

gains from business or profession. 23.4.6. Under the above said facts and circumstance and following the above cited case laws, I am of the considered view that all the pre-requisites as established by section 37(1) are satisfied and therefore, I hold that the expenditure incurred towards the payment of consultancy fees to McKinsey & Co. are revenue in nature

SUN PHARMA LABORATORIES LTD.,,MUMBAI vs. THE DY. COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1),, BARODA

In the result, the Department’s appeal is partly allowed

ITA 712/AHD/2019[2015-16]Status: DisposedITAT Ahmedabad09 Oct 2024AY 2015-16

Bench: Smt. Annapurna Gupta (Accountant Member), Shri T.R. Senthil Kumar (Judicial Member)

Section 115JSection 143(3)Section 14ASection 36(1)(va)Section 37(1)Section 80Section 80I

gains from business or profession. 23.4.6. Under the above said facts and circumstance and following the above cited case laws, I am of the considered view that all the pre-requisites as established by section 37(1) are satisfied and therefore, I hold that the expenditure incurred towards the payment of consultancy fees to McKinsey & Co. are revenue in nature

ALKABEN KETULKUMAR PATEL,AHMEDABAD vs. THE DCIT, CIRCLE-3(2), AHMEDABAD

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

ITA 287/AHD/2024[2017-18]Status: DisposedITAT Ahmedabad03 Jul 2024AY 2017-18

Bench: Shri Ramit Kochar (Accountant Member)

For Appellant: Shri Parimalsinh B. Parmar, A.RFor Respondent: Smt. Trupti Patel, Sr. D.R
Section 143(1)Section 143(2)Section 143(3)Section 68

capital account with other details were called for by the Assessing Officer from the assessee. The assessee had explained that she had withdrawn cash in the preceding year which has been introduced during the year under consideration. The Assessing Officer doubted the genuineness of the said credit as the Assessing Officer observed that the cash was withdrawn from the last