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6 results for “capital gains”+ Section 12A(2)clear

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Key Topics

Section 12A14Section 108Exemption6Section 10(37)3Addition to Income3

INCOME TAX OFFICER, WARD-2 , PHAGWARA vs. SH. SUCHA SINGH, PHILLAUR

In the result, the appeal of the Revenue is partly allowed

ITA 702/ASR/2017[2009-10]Status: FixedITAT Amritsar16 Aug 2021AY 2009-10

Bench: Shrilaliet Kumar & Dr. Mitha Lal Meena

Section 10(37)Section 143(2)Section 54B

2) Section 3D of NHAI Act it vested in central govt on 04/08/2010.So what was required to see was cultivation by appellant during year 2008 to year 2010. Moreover it is matter of common knowledge once Land is acquired owners are allowed to harvest the crop standing on it. 16) Land of appellant was compulsorily acquired by National Highway Authority

M/S STEP BY STEP JUNIOR SCHOOL SOCIETY,AMRITSAR. vs. COMMISSIONER OF INCOME TAX (EXEMPTION), CHANDIGARH

ITA 596/ASR/2016[2015-16]Status: DisposedITAT Amritsar
16 Aug 2021
AY 2015-16

Bench: : Shri Laliet Kumar & Dr. Mitha Lal Meena

Section 10

gains of business, unless the business is incidental to the attainment of its objectives and separate books of account are maintained by it in respect of such business: Provided also that any 80[notification issued by the Central Government under sub-clause (iv) or sub-clause (v), before the date on which the Taxation Laws (Amendment) Bill, 2006 receives

GURU TEG BAHADUR EDUCATIONAL TRUST ,JALANDHAR vs. COMMISSIONER OF INCOME TAX ( EXEMPTIONS), CHANDIGARH

In the result, appeal of the assessee is allowed

ITA 264/ASR/2022[2017-18]Status: DisposedITAT Amritsar14 Mar 2023AY 2017-18

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

For Appellant: Sh. K. Bhagat, CAFor Respondent: Sh. S. R. Kaushik, CIT-DR
Section 12ASection 5

gains of business incidental to attainment of objects shall be maintained in compliance to section 11 (4A) of Income Tax Act, 1961. 11. The registered office or the principal place of activity of the applicant should not be transferred outside the jurisdiction of undersigned except with the prior approval. 12. No asset shall be transferred without the knowledge of undersigned

M/S SHREE BABA GAJJA JI JAIN SOCIETY (REGD.),JALANDHAR vs. INCOME TAX OFFICER, (EXAMPTION), JALANDHAR

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

ITA 539/ASR/2017[2014-15]Status: DisposedITAT Amritsar15 Jan 2020AY 2014-15

Bench: Sh. N.K.Choudhry & Dr. A.L.Saini

For Appellant: Sh. Ashray Sarna (Ld. C. A.)For Respondent: Sh. Charan Dass (Ld. D. R.)
Section 10Section 12ASection 142(1)Section 143(3)Section 250(6)

2. Brief facts of the case of the assessee are as under: The assessee society was formed on 16.06.2013 and got registered under The Societies Registration Act, 1860 on dated 26.09.2013 and thereafter applied for registration u/s 12AA of the Act which was declined by the Ld. CIT(E) Chandigarh vide order no. CIT(E)/Chd/12A/2014-15/2667 dated 17.03.2015. The assessee

M/S GURU RAM DASS EDUCATIONAL SOCIETY,BATHINDA vs. THE COMMISSIONER OF INCOME TAX (EXEMPTION), CHANDIGARH

In the result, the assessee’s appeal is allowed

ITA 598/ASR/2016[]Status: DisposedITAT Amritsar03 Jun 2019

Bench: Sh. Sanjay Arora & Sh. N. K. Choudhryi. T. A. No. 598/Asr/2016 Assessment Year: N.A.

For Appellant: Sh. Vineet Krishan (Adv.)For Respondent: Sh. Alok Kumar, CIT-DR
Section 10Section 12A

12A on 30.3.2016. The stated aims and objects per the Memorandum of Association (MOA) (PB pgs. 2-9) were duly noted by the competent authority (at para 2 of the impugned order). The same included imparting primary/secondary and higher 2 Guru Ram Dass Educational Society v. CIT(E) education, etc., through opening of schools/colleges and institutions in the backward areas

M/S MEHTA INSTITUTE OF EDUCATION ,LUDHIANA vs. INCOME TAX OFFICER WARD (EXEMPTION), JALANDHAR

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

ITA 26/ASR/2019[2013-14]Status: DisposedITAT Amritsar15 Nov 2022AY 2013-14

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

For Appellant: Sh. Sudhir Sehgal, ARFor Respondent: Sh. S. M. Surendranath, Sr. DR
Section 10

gain anything for not filing appeal in time and it is, only on account of the above said lapse of the Accounting staff that there has been delay of 8 days, which may, please, be condoned and oblige.” 3.1 The learned DR has no objection for the request of the assesse. Accordingly, the short delay of 8 days in filing