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2 results for “capital gains”+ Section 260clear

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Key Topics

Section 115

THE COMMISSIONER OF INCOME TAX, HYD vs. CARGO HANDLING PRIVATE WORKERS POOL, VISAKHAPATNAM

Accordingly, the I.T.T.A. is dismissed

ITTA/14/2017HC Andhra Pradesh15 Sept 2022

Bench: C.PRAVEEN KUMAR,TARLADA RAJASEKHAR RAO

Section 11Section 11(5)Section 13(1)(c)Section 143(1)Section 147Section 148Section 260

260(A) of the Income Tax Act, 1961 [„I.T. Act‟], assailing the Order passed in I.T.A. No. 525/Vizag/2014, for the Assessment Year 1997-1998. 2. The Respondent Assessee filed its return of income for the Assessment Year 1997-98 on 07.11.1997, declaring “NIL” income, after claiming exemption to a tune of Rs.27,91,858/-, under Section

THE PR.COMMISSIONER OF INCOME TAX vs. SRI KOUNDINYA EDUCATIONAL SOCIETY

ITTA/179/2019HC Andhra Pradesh29 Oct 2019

Bench: C.PRAVEEN KUMAR,CHEEKATI MANAVENDRANATH ROY

capital region for pooling their land by applying the principle of Doctrine of Legitimate Expectation. 102) A legitimate expectation does not arise when it is made ultra vires of the decision-maker's statutory powers, that is, when the decision-maker lacked legal power to make the representation. Courts are reluctant to protect such an expectation that has been created