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4 results for “transfer pricing”+ Section 253(5)clear

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Key Topics

Section 26311Section 686Section 1474Section 69C3Addition to Income3Natural Justice3Section 143(3)2Section 250(6)2Section 144

M/S. SATIA INDUSTRIES LIMITED,MUKTSAR vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-1, BATHINDA

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

ITA 193/ASR/2022[2018-19]Status: DisposedITAT Amritsar13 Jun 2023AY 2018-19

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

Section 115BSection 143(3)Section 144C(8)Section 250oSection 69C

price. Thus, the Panel is of the view that the assessee has wrongly claimed the Income from Sale of RECs/ESCs u/s 115BBG of Income Tax Act, I.T.A. No.193/Asr/2022 22 Assessment Year: 2018-19 1961. Income from sale of REC/ESCs is normal business income few the assessee and needs to be included in the business income and taxed at normal tale

SHRI SUBASH CHANDER GUPTA & SONS,JAMMU vs. PRINCIPAL COMMISSINER OF INCOME TAX , SRINAGAR

2
Section 144r2
Long Term Capital Gains2
House Property2

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

ITA 37/ASR/2021[2015-16]Status: DisposedITAT Amritsar13 Sept 2023AY 2015-16

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

For Appellant: Sh. Vinamar Gupta, CAFor Respondent: Sh. Hitendra Bhauraoji Ninawe, CIT DR
Section 164Section 263

Transfer Pricing Officer, as the case may be, is erroneous in so far as it is prejudicial to the interests of the revenue, he may, after giving the assessee anopportunity of being heardand after making or causing to be made such inquiry as he deems necessary, pass such order thereon as the circumstances of the case justify • From the language

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

ITA 347/ASR/2024[2015-16]Status: DisposedITAT Amritsar30 Oct 2025AY 2015-16

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

For Appellant: Sh. Ashray Sarna, C. A
Section 10(38)Section 132Section 144Section 144rSection 147Section 148Section 151Section 250(6)Section 68

5. Sir, it is brought to your knowledge that assessee regularly incurred sale/purchase transactions relating to shares listed on stock exchange and this share was only one of them. The other shares includes MRF Ltd.. Voltas Ltd., Asian Paints. Apollo Tyres, Amtec Autos, etc, over the period of three years. 14 I.T.A. Nos. 346 & 347/Asr/2024 Assessment Years

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

ITA 346/ASR/2024[2014-15]Status: DisposedITAT Amritsar30 Oct 2025AY 2014-15

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

For Appellant: Sh. Ashray Sarna, C. A
Section 10(38)Section 132Section 144Section 144rSection 147Section 148Section 151Section 250(6)Section 68

5. Sir, it is brought to your knowledge that assessee regularly incurred sale/purchase transactions relating to shares listed on stock exchange and this share was only one of them. The other shares includes MRF Ltd.. Voltas Ltd., Asian Paints. Apollo Tyres, Amtec Autos, etc, over the period of three years. 14 I.T.A. Nos. 346 & 347/Asr/2024 Assessment Years