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6 results for “transfer pricing”+ Section 54B(1)clear

Sorted by relevance

Chandigarh53Delhi19Bangalore16Mumbai15Surat12Chennai11Jaipur8Pune8Ahmedabad6Agra6Karnataka5Indore4SC4Telangana3Cochin2Raipur2Dehradun1Lucknow1Cuttack1Nagpur1Rajkot1Calcutta1Amritsar1Jabalpur1A.K. SIKRI N.V. RAMANA1Hyderabad1

Key Topics

Section 54B16Section 547Section 143(3)6Exemption4Section 56(2)(vii)3Addition to Income3Deduction3Section 50C2Section 142(1)

MR. JOBANJI THAKOR,AHMEDABAD vs. THE ITO. WARD-3(2)(2), AHMEDABAD

Appeal is partly allowed

ITA 264/AHD/2019[2015-16]Status: DisposedITAT Ahmedabad26 Feb 2025AY 2015-16

Bench: SHRI T.R. SENTHIL KUMAR, JUDICIAL MEMBER\nAND\nSHRI MAKARAND V. MAHADEOKAR, ACCOUNTANT MEMBER\nआयकर अपील सं/ITA No.264/Ahd/2019\nनिर्धारण वर्ष / Assessment Year : 2015-16\nMr. Jobanji Thakor\nThe ITO\nF-40, Abugiri Society\nबनाम / Ward-3(2)(2)\nTal. Daskroi, Jagatpur\nv/s.\nAhmedabad\nAhmedabad - 382 470\nस्थायी लेखा सं./PAN: AKNPT 2930 M\n(अपीलार्थी/ Appellant)\n(प्रत्यर्थी / Respondent)\nAssessee by:\nShri Mehul K. Patel, AR\nRevenue by :\nShri A.P. Singh, CIT-DR\nसुनवाई की तारीख/Date of

For Appellant: \nShri Mehul K. Patel, ARFor Respondent: \nShri A.P. Singh, CIT-DR
Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 2(14)(iii)

transfer (Stamp duty, brokerage, legal\nexpenses, etc.)\nNet capital gain before exemption\nLess: Deduction under Section 54B (Investment in\nagricultural land)\nLess: Deduction under Section 54F (Investment in\nresidential house)\nTotal deductions claimed under Sections 54B and 54F\n(rounded off)\nFinal long-term capital gain (as per assessee's revised\ncomputation

2
Survey u/s 133A2
Capital Gains2
Long Term Capital Gains2

SHRI ASHOKBHAI KANUBHAI PATEL,AHMEDABAD vs. THE ACIT (INT.TAXA.)-1, AHMEDABAD

In the result, the appeal filed by the assessee is allowed

ITA 405/AHD/2020[2016-17]Status: DisposedITAT Ahmedabad31 May 2021AY 2016-17

Bench: Shri Waseem Ahmed & Ms Madhumita Royआयकर अपील सं./Ita No. 405/Ahd/2020 िनधा"रण वष"/Asstt. Year: 2016-2017 Shri Ashokbhai Kanubhai Patel, A.C.I.T., 8, Parul Society, Vs. (Int. Taxation)-1, Opp. Memnagar Fire Station, Ahmedabad. Navrangpura, Ahmedabad-380009. Pan: Arrpp4895J

For Appellant: Shri Vijay Patel, A.RFor Respondent: Shri Dinesh Singh, Sr.D.R
Section 143(3)Section 54B

1) of the Act was issued dated 03-08- 2018 requiring the assessee to furnish the details with respect to sale of property bearing survey no.-83 and details of purchase of new agricultural land. The copy of the same is available on pages 13 to 14 of additional paper book. The AO after verifying the details accepted the claim

VISHNUBHAI MAFATBHAI DESAI,,AHMEDABAD vs. THE ITO, WARD-1(1)(4),, AHMEDABAD

In the result, the appeal of the assessee is dismissed

ITA 2849/AHD/2017[2014-15]Status: DisposedITAT Ahmedabad11 Sept 2019AY 2014-15

Bench: Shri Rajpal Yadav & Shri Pradip Kumar Kediaआयकर अपील सं./I.T.A. No. 2849/Ahd/2017 ("नधा"रण वष" / Assessment Year : 2014-15)

For Appellant: Shri S. V. Agrawal, A.R
Section 2(14)Section 49(4)Section 50CSection 54BSection 56Section 56(2)Section 56(2)(vii)

1 Capital Gain 26750129 26750129 - Less. Exemption U/s (24720859) (25671805) 54B Net Capital Gain 2029270 1078324 2 Income from Other Sources -Interest Income On 32372 32372 SB A/c -Interest On Fixed 6930 6930 Deposit -Addition made u/s - 950945 56(2)(vii)(b) Total IFOS 39302 990248 > Gross total Income 2068572 2068572 Less. Income (2029270) (1078324) Chargeable For Special Rates Income

PRAVINSINH BHAWANSINH VAGHELA,GANDHINAGAR vs. THE INCOME TAX OFFICER,WARD-3,, GANDHINAGAR

In the result, appeal of the assessee is partly allowed

ITA 829/AHD/2019[2012-13]Status: DisposedITAT Ahmedabad18 Dec 2025AY 2012-13

Bench: Dr. Brr Kumar & Shri Siddhartha Nautiyal

For Appellant: Shri Parimalsinh B. Parmar, ARFor Respondent: Shri B. P. Srivastava, Sr. DR
Section 143(3)Section 54BSection 54FSection 68

transfer. After considering Form No. 12, 7/12 extracts, agricultural income declared by the assessee, and other documentary evidence, the CIT(Appeals) held that the land was indeed agricultural land and was used for agricultural purposes prior to its conversion into non-agricultural land shortly before sale. However, on the issue of quantum of investment eligible for deduction under section 54B

SHRI BALKRISHNA P.TRIVEDI,HUF,AHMEDABAD vs. THE CIT-III,, AHMEDABAD

In the result, appeal filed by the Revenue in ITA No

ITA 1225/AHD/2013[2008-09]Status: DisposedITAT Ahmedabad31 Jan 2020AY 2008-09

Bench: Shri Pradip Kumar Kedia & Smt. Madhumita Roy

For Respondent: Shri Ritesh Parmar, CIT
Section 263Section 54B

54B of the Act. 2. On the facts and circumstances of the case as well as law on the subject, the Learned Commissioner of Income Tax (Appeals) has erred in confirming the disallowance of Rs.50,00,000/-claimed u/s 54EC of the Act. 3. On the facts and circumstances of the case as well as law on the subject

SHRI KARAN RAJENDRAKUMAR ARYA,AHMEDABAD vs. THE PR. CIT-1, AHMEDABAD

In the result the appeal of the assessee is allowed

ITA 31/AHD/2021[2015-16]Status: DisposedITAT Ahmedabad17 Sept 2021AY 2015-16

Bench: Shri Rajpal Yadav & Shri Waseem Ahmedआयकर अपील सं./Ita No. 31/Ahd/2021 िनधा"रण वष"/Asstt. Year: 2015-2016 Shri Karan Rajendrakumar Arya, The Principal Commissioner Of 802, Saffron, Panchvati, Vs. Income Tax-1, Ambawadi, Ahmedabad. Ahmedabad.

For Appellant: Shri Chetan Agarwal, A.RFor Respondent: Shri Vinod Tanwani, CIT.D.R
Section 143(3)Section 54

transfer took place, it shall be dealt with in accordance with the following provisions of this section, that is to say,— 7.2 The above provision requires that the amount of capital gain should be invested in a house either by way of purchase or construction of the house. The word purchase has been interpreted in the case