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3 results for “capital gains”+ Section 53Cclear

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Section 153C12Section 1326Section 684Section 14Section 153C(1)(a)2Section 143(3)2Section 69B2Section 153A2Penalty2Addition to Income

SRI ANJANEYALU PRATHIPATHI,BENGALURU vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(2), BENGALURU

In the result, all the appeals of the assessee are allowed

ITA 2838/BANG/2017[2012-13]Status: DisposedITAT Bangalore27 Dec 2021AY 2012-13

Bench: Shri N.V. Vasudevan & Shri Chandra Poojariassessment Years: 2012-13

For Appellant: Shri V. Srinivasan, AdvocateFor Respondent: Shri Arun Kumar, CIT(TP-2-DR) (ITAT), Bengaluru
Section 132Section 153CSection 2Section 234

capital gains of Rs. 8,74,38,017/- assessed by the LD.AO holding that there was a transfer of property on execution of the sale execution of the sale agreement dated 21/02/2012 during the year in terms of sec. 2[47][ii] of the Act, under the facts and in the circumstances of the assessee's case. 4. Facts

2

MOHAMMED MUJEEB SIKANDER,MANGALORE vs. DCIT, CENTRAL CIRCLE (1), MANGALORE

ITA 1117/BANG/2022[2016-17]Status: DisposedITAT Bangalore30 Oct 2023AY 2016-17

Bench: Shri Chandra Poojari & Smt. Beena Pillai

For Appellant: Shri T.M. Shivakumar, A.RFor Respondent: Shri Sunil Kumar Singh, D.R
Section 1Section 132Section 143(3)Section 153ASection 153CSection 153C(1)(a)Section 68Section 69B

53C(1)(a) of Income tax Act, 1961 in respect of the Appellant, who was searched under the provisions of section 132 of Income tax Act. 2. The learned Assessing Officer was wrong in passing an order u/s.153C of Income tax Act. 3. The Appellant submits that having been served a notice u/s.I32 for the search operation, the notice should

MOHAMMED MUJEEB SIKANDER,MANGALORE vs. DCIT, CENTRAL CIRCLE (1), MANGALORE

ITA 1119/BANG/2022[2018-19]Status: DisposedITAT Bangalore30 Oct 2023AY 2018-19

Bench: Shri Chandra Poojari & Smt. Beena Pillai

For Appellant: Shri T.M. Shivakumar, A.RFor Respondent: Shri Sunil Kumar Singh, D.R
Section 1Section 132Section 143(3)Section 153ASection 153CSection 153C(1)(a)Section 68Section 69B

53C(1)(a) of Income tax Act, 1961 in respect of the Appellant, who was searched under the provisions of section 132 of Income tax Act. 2. The learned Assessing Officer was wrong in passing an order u/s.153C of Income tax Act. 3. The Appellant submits that having been served a notice u/s.I32 for the search operation, the notice should