SMT. SATYAWATI MARWAHA THROUGH LEGAL HEIR SH, CHANDER SHEIKHAR MARWAHA,JALANDHAR vs. ASSISTANT COMMISSIONER OF INCOME TAX, JALANDHAR

In the result, the appeal for Asstt

Bench: Sh. Manoj Kumar Aggarwal & Sh. Udayan Dasgupta

short term capital loss at (Rs.30,618/-), income from bank interest at Rs.17,667/- and LTCG (long term capital gains

MR.VISHAL BATRA,`LUDHIANA vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-1, LUDHIANA

In the result, the appeal of the assessee is dismissed

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

Term Capital 6 Vishal Batrav. Dy. CIT Gains”.The appellant submitted before the CIT(A) that the interest paid on the residential house sold has been capitalized and included in the cost of asset and accordingly, calculated the Short

SMT. ZEENAB,SRINAGAR vs. INCOME TAX OFFICER, WARD 3(3),, SRINAGAR

In the result, the appeal filed by the Revenue Department stands dismissed, whereas the appeal of the assessee is partly allowed for statistical purposes on the aforesaid reasons stated above

Bench: Sh. Sanjay Arora & Sh. N.K.Choudhry

Short Term Capital Gain by taking the deemed value of the consideration in terms of section 50C of the Income

ITO, WARD- 3(3), SRINAGAR vs. SMT. ZEENAB, BEMINA

In the result, the appeal filed by the Revenue Department stands dismissed, whereas the appeal of the assessee is partly allowed for statistical purposes on the aforesaid reasons stated above

Bench: Sh. Sanjay Arora & Sh. N.K.Choudhry

Short Term Capital Gain by taking the deemed value of the consideration in terms of section 50C of the Income

M/S EMBROCIA FARMS PVT LTD. ,PATHANKOT vs. D.C.I.T, CIRCLE-6,, PATHANKOT

In the result, the assessee’s appeal is (in ITA No

Bench: Sh. Sanjay Arorai.T.A. Nos. 561/Asr/2018 & 284/Asr/2017 Assessment Year: 2006-07

short term capital gain of Rs.2,09,00,272/-, resulting into under-statement of capital gain

MESERS EMBROCIA FARMS PVT LTD,PATHANKOT vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-6, PATHANKOT

In the result, the assessee’s appeal is (in ITA No

Bench: Sh. Sanjay Arorai.T.A. Nos. 561/Asr/2018 & 284/Asr/2017 Assessment Year: 2006-07

short term capital gain of Rs.2,09,00,272/-, resulting into under-statement of capital gain

MAX FINANCIAL SERVICE LIMITED ,NAWANSHAHR vs. PRINCIPAL COMMISSIONER OF INCOME TAX -1, JALANDHAR

In the result, the appeal of the assessee is therefore partly allowed

short term capital gain and the AO also needs to examine the valuation of shares on basis of which

MR RUDER MANI WALIA,JALANDHAR vs. INCOME TAX OFFICER WARD-2 (3), JALANDHAR

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

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjeei.T.A. No.257/Asr/2022 Assessment Year: 2017-18

term capital gain was declared on the above calculation amount of Rs.4,41,198/- on which assessee declared tax I.T.A. No.257/Asr/2022 3 Assessment Year: 2017-18 @ 20%. The Life Insurance Corporation of India (in short

SMT. INDERMEET BAINS W/O SH. D.S. BAINS,BATHINDA vs. PR. COMMISSIONER OF INCOME TAX , BATHINDA

The appeal of the assessee is disposed of in the term indicated as above

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

short term Capital gain of Rs. 26,72,454 on account of trading in shares " Issues of evidences

MOHMMAD. MUZAFFAR. BEIGH,,SRINAGAR vs. INCOME TAX OFFICER WARD-3(5), SRINAGAR

In the result, the grounds No

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

capital gain on sale of share under short term capital gain was worked out amount of Rs.2

SHRIMATI HARMOHINDER KAUR,JALANDHAR vs. DEPUTY COMMISSIONER OF INCOME TAX, OFFICER CENTRAL CIRCLE-II, JALANDHAR

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

Bench: Sh. N.K.Choudhry & Dr. A.L.Sainiassessment Year: 2009-10

short term capital gain' on account of sale of shop in MBD Mall. During the appellate proceeding for assessment

SMT. AMITA NARANG,DELHI vs. THE DY COMMISSIONER OF INCOME TAX, JAMMU

In the result, the assessee’s appeal is dismissed

Bench: Sh. Sanjay Arorai.T.A. No. 385/Asr/2016 Assessment Year: 2007-08

capital gains, short-term or long-term, could be allowed, other than where incurred in connection with the transfer

INCOME TAX OFFICER WARD-1 , HOSHIAPUR vs. SHRI HARPINDER SINGH GILL , HOSHIARPUR

In the result, the appeal of the Revenue is dismissed

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

Short Term Capital Gain claimed by assessee as exempt income under RFCTLAAR Act on the basis that the circumstances

INCOME TAX OFFICER WARD-3(5), JALANDHAR vs. SHRI NITIN PAL SINGH , JALANDHAR

In the result, the appeal of the revenue bearing ITA No

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

Short Term capital Gains.” 4. That on the facts and circumstances of the case, Learned Commissioner of Income

SHRI. NITIN PAL SINGH ,JALANDHAR vs. INCOME TAX OFFICER WARD-3(3), JALANDHAR

In the result, the appeal of the revenue bearing ITA No

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

Short Term capital Gains.” 4. That on the facts and circumstances of the case, Learned Commissioner of Income

SH. PARMINDER SINGH,KAPURTHALA vs. A.C.I.T, CENTRAL CIRCLE- I, JALANDHAR

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

Bench: Sh. Sanjay Arora & Sh. N.K.Choudhryita No.329(Asr)/2017 Assessment Year:2009-10

short term capital gain and Rs.2,34,701/- from long term capital gain from the sale

SMT. DEEPTI AGGARWAL,GURDAS PUR vs. DY COMMISSIONER OF INCOME TAX, AMRITSAR

In the result, the appeal of assessee in ITA No

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

Term Capital Gain (in short ‘LTCG’) amount to Rs.1,18,79,150/-. The search was conducted in the firm

SH.GAURAV AGGARWAL,GURDAS PUR vs. DY.COMMISSIONER OF INCOME TAX, AMRITSAR

In the result, the appeal of assessee in ITA No

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

Term Capital Gain (in short ‘LTCG’) amount to Rs.1,18,79,150/-. The search was conducted in the firm