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8 results for “house property”+ Section 142A(6)clear

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Chandigarh41Delhi32Agra14Jaipur13Indore10Raipur9Bangalore8Mumbai7Hyderabad7Kolkata6Lucknow5Pune4Varanasi3Chennai3Ahmedabad2Nagpur1Jodhpur1Cochin1SC1Surat1

Key Topics

Section 153C16Section 142(1)8Addition to Income7Limitation/Time-bar6Capital Gains5Section 143(3)4Section 12A4Section 153A4Section 132

SRI. K. SATISH KUMAR,BENGALURU vs. THE ADDITIONAL COMMISSIONER OF INCOME TAX, RANGE-9, BANGALORE

In the result, the assessee’s appeal is allowed

ITA 1988/BANG/2016[2007-08]Status: DisposedITAT Bangalore01 Aug 2022AY 2007-08

Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year: 2007-08

For Appellant: Shri V. Srinivasan, A.RFor Respondent: Dr. Manjunath Karkihalli, D.R
Section 133A(1)Section 143(3)Section 234Section 234A

6) The Valuation Officer shall send a copy of the report of the estimate made under sub-section (4) or sub-section (5), as the case may be, to the Assessing Officer and the assessee, within a period of six months from the end of the month in which a reference is made under sub-section (1). (7) The Assessing

4
Section 142A4
Section 2514
Long Term Capital Gains4

SRI SRINIVASA EDUCATIONAL & CHARITABLE TRUST,BANGALORE vs. DCIT, CENTRAL CIRCLE-2(3), BANGALORE

ITA 939/BANG/2025[2020-21]Status: DisposedITAT Bangalore13 Nov 2025AY 2020-21
For Appellant: \nShri M.V Prasad, CA & Shri KS Rajendra KumarFor Respondent: \nShri Muthu Shankar, CIT &
Section 12ASection 143(3)Section 153ASection 153BSection 25Section 250Section 8

section 132A. 50.3 Applicability-These\namendments will take effect from the 1st day of June, 2007.\"\n\n6.2 From the perusal of the section 153D of the Act read with the CBDT\nCircular No. 3 of 2008, dated 12-3-2008, the legislative intent can be gathered\nso far as that the legislature in its highest wisdom made it compulsory

NEKKUNDI SRINIVASA REDDY KESHAVA REDDY,BENGALURU vs. DCIT, CENTRAL CIRCLE-2(4), BENGALURU

In the result, appeals of the assessee are dismissed

ITA 2612/BANG/2024[2014-15]Status: DisposedITAT Bangalore30 Jul 2025AY 2014-15

Bench: Shri Prashant Maharishi, Hon’Ble & Shri Soundararajan K, Hon’Ble

Section 132Section 142(1)Section 142ASection 144Section 153CSection 251

142A of the Act on 14.06.2021 who submitted the valuation report on 26.10.2021. It was also the report of the DVO that assessee has not provided any information or details with respect to the property. The notices under section 142(1) of the Act were also issued to the assessee, however the assessee was 2 totally non-compliant. Even

NEKKUNDI SRINIVASA REDDY KESHAVA REDDY,BENGALURU vs. DCIT, CENTRAL CIRCLE-2(4), BENGALURU

In the result, appeals of the assessee are dismissed

ITA 2611/BANG/2024[2013-14]Status: DisposedITAT Bangalore30 Jul 2025AY 2013-14

Bench: Shri Prashant Maharishi, Hon’Ble & Shri Soundararajan K, Hon’Ble

Section 132Section 142(1)Section 142ASection 144Section 153CSection 251

142A of the Act on 14.06.2021 who submitted the valuation report on 26.10.2021. It was also the report of the DVO that assessee has not provided any information or details with respect to the property. The notices under section 142(1) of the Act were also issued to the assessee, however the assessee was 2 totally non-compliant. Even

NEKKUNDI SRINIVASA REDDY KESHAVA REDDY,BENGALURU vs. DCIT, CENTRAL CIRCLE-2(4), BENGALURU

In the result, appeals of the assessee are dismissed

ITA 2613/BANG/2024[2015-16]Status: DisposedITAT Bangalore30 Jul 2025AY 2015-16

Bench: Shri Prashant Maharishi, Hon’Ble & Shri Soundararajan K, Hon’Ble

Section 132Section 142(1)Section 142ASection 144Section 153CSection 251

142A of the Act on 14.06.2021 who submitted the valuation report on 26.10.2021. It was also the report of the DVO that assessee has not provided any information or details with respect to the property. The notices under section 142(1) of the Act were also issued to the assessee, however the assessee was 2 totally non-compliant. Even

NEKKUNDI SRINIVASA REDDY KESHAVA REDDY,BENGALURU vs. DCIT, CENTRAL CIRCLE-2(4), BENGALURU

In the result, appeals of the assessee are dismissed

ITA 2614/BANG/2024[2016-17]Status: DisposedITAT Bangalore30 Jul 2025AY 2016-17

Bench: Shri Prashant Maharishi, Hon’Ble & Shri Soundararajan K, Hon’Ble

Section 132Section 142(1)Section 142ASection 144Section 153CSection 251

142A of the Act on 14.06.2021 who submitted the valuation report on 26.10.2021. It was also the report of the DVO that assessee has not provided any information or details with respect to the property. The notices under section 142(1) of the Act were also issued to the assessee, however the assessee was 2 totally non-compliant. Even

SRI SRINIVASA EDUCATIONAL & CHARITABLE TRUST,BANGALORE vs. DCIT, CENTRAL CIRCLE-2(3), BENGALURU

ITA 940/BANG/2025[2021-22]Status: DisposedITAT Bangalore13 Nov 2025AY 2021-22
For Appellant: Shri M.V Prasad, CA & Shri KS Rajendra KumarFor Respondent: Shri Muthu Shankar, CIT &
Section 12ASection 143(3)Section 153ASection 153BSection 25Section 250Section 8

Section\n153D. It is not an exercise dealing with a immaterial matter which\ncould be corrected by taking recourse to Section 292B of the Act.\n16. We are not inclined to interdict the order of the Tribunal.\n17. Accordingly, the appeal is closed.\n6.5 The above view taken by the Hon’ble Delhi High Court in the case of PCIT

MS. PUSPHA RAO PAMIDI,BENGALURU vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-2(1), BANGALORE

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

ITA 973/BANG/2022[2018-19]Status: DisposedITAT Bangalore08 Feb 2023AY 2018-19

Bench: Shri George George K. & Shri Laxmi Prasad Sahums. Pushpa Rao Pamidi Vs Dcit, Circle - 2(1) No. 156/1, C/O T. Viswanath & Co Bengaluru Sharada Mansion, 2Nd Floor R V Road, V V Puram Bengaluru 560004 Pan – Bhhpp1695K (Appellant) (Respondent) Assessee By: Shri Sathish S., Advocate Revenue By: Ms. Neera Malhotra, Cit-Dr Date Of Hearing: 07.02.2023 Date Of Pronouncement: 08.02.2023 O R D E R Per: George George K., J.M. This Appeal At The Instance Of The Assessee Is Directed Against The Final Assessment Order Dated 28.07.2022 Passed Under Section 143(3) R.W.S. 144C Of The Income Tax Act, 1961 (The Act). The Relevant Assessment Year Is 2018-19. 2. There Is A Delay Of Four Days In Filing This Appeal Before The Tribunal. The Assessee Has Filed A Petition For Condonation Of Delay & Also An Affidavit Stating Therein The Reasons For Belated Filing Of This Appeal. On Perusal Of The Reasons Stated In The Affidavit We Find That The Delay In Filing The Appeal Cannot Be Attributed To Any Latches On The Part Of The Assessee & There Is Sufficient Cause For Belated Filing Of This Appeal. Hence, We Condone The Delay Of Four Days & Proceed To Dispose Of The Case On Merits.

For Appellant: Shri Sathish S., AdvocateFor Respondent: Ms. Neera Malhotra, CIT-DR
Section 143(2)Section 143(3)Section 54E

House at No.117, 3rd Cross, 4th Phase J P Nagar Bangalore-560078, Super Built area, RCC Framed Duplex type villa having an area in Ground Floor 2474 Sq. Ft. and First Floor 1261 Sq. ft. totalling 3735 Sq. Ft. or 347 Sq. Mtrs, Full value of consideration received / receivable 5,70,00,000 Less Indexed cost of acquisition of land