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160 results for “house property”+ Section 211clear

Sorted by relevance

Karnataka478Delhi380Mumbai261Bangalore160Hyderabad88Chennai88Jaipur61Ahmedabad54Calcutta51Kolkata48Raipur38Telangana32Cochin27Chandigarh23Indore22Pune17Guwahati17Lucknow14Allahabad12Surat11Visakhapatnam8Kerala6Rajkot6SC5Rajasthan5Cuttack4Varanasi4Jodhpur3Orissa2Andhra Pradesh1

Key Topics

Section 54F66Addition to Income60Section 143(3)45Deduction39Section 153A33Disallowance33Section 6(1)(c)28Section 5426Section 36(1)(iii)

YASH VARDHAN ARYA,BANGALORE vs. THE INCOME TAX OFFICER, (INTERNATIONAL TAXATION) WARD-1(1), BANGALORE

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

ITA 203/BANG/2022[2016-17]Status: DisposedITAT Bangalore17 Jun 2022AY 2016-17

Bench: Shri George George K

For Appellant: Smt.Suman Lunkar, CAFor Respondent: Sri.Ganesh R.Ghale, Standing Counsel
Section 23Section 23(1)(a)Section 271(1)(c)

section 23(1)(a) of the I.T.Act invoked by the CIT(A). Since the lease rental received for the relevant assessment year being `Nil’, the same has to be adopted instead of ALV as ordered by the CIT(A). Further, the lease rental received by the assessee from 01.06.2016 was disclosed under the head “income from house property

MR. ARUNKUMAR NATHAN,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE 2(3)(1), BANGALORE

Showing 1–20 of 160 · Page 1 of 8

...
22
Section 153C21
Comparables/TP21
Section 92C20

In the result, the appeal of the assessee is dismissed

ITA 1041/BANG/2017[2013 - 14]Status: DisposedITAT Bangalore25 Oct 2017

Bench: Shri Vijay Pal Rao & Shri Jason P Boaz

For Appellant: Shri S. Ramasubramanian, CAFor Respondent: Shri M.K. Biju, JCIT (DR) (ITAT)-3, Bengaluru
Section 54

house property. The Assessing Officer denied the 3 claim of the assessee for the second apartment and restricted the benefit under Section 54 only for one flat at Prestige Silverdale which is of higher value of two. Thus the Assessing Officer assessed the balance capital gain of Rs.65,39,851 to tax. The Assessing Officer was of the view that

S.M. VINOD (LEGAL HEIR OF LATE SRI. S M MUNIYAPPA),BANGALORE vs. INCOME TAX OFFICER, WARD- 7(2)(1), BANGALORE

In the result, the appeal of the assessee is allowed

ITA 192/BANG/2020[2016-17]Status: DisposedITAT Bangalore27 Oct 2021AY 2016-17

Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year : 2016-17

For Appellant: Shri C. Sandeep, CAFor Respondent: Smt. Priyadarshini Besa Jt.CIT(DR)(ITAT), Bengaluru
Section 54Section 54FSection 54F(1)

211 (Kar). On appeal by the ITA No. 2692/Bang/2018 department, the High Court dismissed the appeal of the revenue. The Hon'ble Court observed that as held in B.AnandaBassappa (SLP dismissed) & K G Rukminiamma, the Revenue's contention that the phrase "a" residential house would mean "one" residential house is not correct. The expression "a" residential house should be understood

SMT. A.P. LAKSHMI GOWRI,BANGALORE vs. ITO, BANGALORE

In the result, both the appeals of the assessee are partly allowed

ITA 957/BANG/2016[2009-10]Status: DisposedITAT Bangalore28 Aug 2019AY 2009-10

Bench: Shri A. K. Garodia & Shri Pavan Kumar Gadale

For Appellant: Shri Nitish Ranjan, C. AFor Respondent: Shri Ujjwal Kumar, JCIT DR
Section 2Section 234ASection 45Section 53ASection 54F

property purchased or constructed is put to. The term 'a residential house' cannot be construed as one residential house. The issue involved here is no more res integra and has been considered on a number of instances by the Indian Courts wherein their Lordships while referring to sec. 13 of the General Clauses Act, 1897 have held that the context

SRI. A.R. PRASAD,BANGALORE vs. ITO, BANGALORE

In the result, both the appeals of the assessee are partly allowed

ITA 956/BANG/2016[2009-10]Status: DisposedITAT Bangalore28 Aug 2019AY 2009-10

Bench: Shri A. K. Garodia & Shri Pavan Kumar Gadale

For Appellant: Shri Nitish Ranjan, C. AFor Respondent: Shri Ujjwal Kumar, JCIT DR
Section 2Section 234ASection 45Section 53ASection 54F

property purchased or constructed is put to. The term 'a residential house' cannot be construed as one residential house. The issue involved here is no more res integra and has been considered on a number of instances by the Indian Courts wherein their Lordships while referring to sec. 13 of the General Clauses Act, 1897 have held that the context

SHRI BHATKAL RAMARAO PRAKASH ,BANGALORE vs. INCOME TAX OFFICER WARD-5(2)(3), BANGALORE

In the result, the appeal by the Assessee is allowed

ITA 2692/BANG/2018[2015-16]Status: DisposedITAT Bangalore04 Jan 2019AY 2015-16

Bench: Shri N.V. Vasudevan & Shri Jason P. Boazassessment Year : 2015-16

For Appellant: Shri H.R. Suresh, CAFor Respondent: Shri Vikas Suryawamshi, Addl.CIT(DR)(ITAT), Bengaluru
Section 2Section 54F

211 (Kar). On appeal by the Page 14 of 17 department, the High Court dismissed the appeal of the revenue. The Hon’ble Court observed that as held in B.Ananda Bassappa (SLP dismissed) & K G Rukminiamma, the Revenue’s contention that the phrase “a” residential house would mean “one” residential house is not correct. The expression “a” residential house should

MR.RAHIL MAHESH KUMAR NIZAMUDDIN ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX (INTERNATIONAL TAXATION) CIRCLE-1(2), BANGALORE

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

ITA 892/BANG/2019[2014-15]Status: DisposedITAT Bangalore18 Jul 2022AY 2014-15

Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year: 2014-15

For Appellant: Shri K.Y. Ningoji Rao, A.RFor Respondent: Shri V.S. Chakrapani, D.R
Section 48Section 54FSection 55A

211 (Mumbai) and Dr.Girish M Shah. The provisions of section 54 of the Act which was considered by the Mumbai Benches of the Income-tax Appellate Tribunal in the cases of Mrs. Prema P. Shah and Sanjiv P. Shah and Dr. Girish M. Shah are in pari material with section 54F of the Act and therefore these two decisions

M/S VECTRA ADVANCED ENGINEERING PRIVATE LIMITED ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-7(1)(2), BANGALORE

In the result, the appeals filed by the assessee are allowed

ITA 1325/BANG/2018[2005-06]Status: DisposedITAT Bangalore01 Apr 2021AY 2005-06

Bench: Shri George George K, Jm & Shri B.R.Baskaran, Am

For Appellant: Sri.Shailesh Kumar, CAFor Respondent: Sri.Kannan Narayanan, JCIT-DR
Section 144Section 22Section 24Section 57

house property”. Whereas, the rental income from equipment was considered as “income from other sources” by the assessee. The A.O., however, reclassified the rental income from property as “income from other sources” and disallowed standard deduction claimed u/s 24(a) of the I.T.Act for the following two reasons, namely, (i) the assessee is not the owner of the property

VECTRA ADVANCED ENGINEERING PRIVATE LIMITED ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-7(1)(2), BANGALORE

In the result, the appeals filed by the assessee are allowed

ITA 1328/BANG/2018[2012-13]Status: DisposedITAT Bangalore01 Apr 2021AY 2012-13

Bench: Shri George George K, Jm & Shri B.R.Baskaran, Am

For Appellant: Sri.Shailesh Kumar, CAFor Respondent: Sri.Kannan Narayanan, JCIT-DR
Section 144Section 22Section 24Section 57

house property”. Whereas, the rental income from equipment was considered as “income from other sources” by the assessee. The A.O., however, reclassified the rental income from property as “income from other sources” and disallowed standard deduction claimed u/s 24(a) of the I.T.Act for the following two reasons, namely, (i) the assessee is not the owner of the property

VECTRA ADVANCED ENGINEERING PRIVATE LIMITED ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-7(1)(2), BANGALORE

In the result, the appeals filed by the assessee are allowed

ITA 1327/BANG/2018[2007-08]Status: DisposedITAT Bangalore01 Apr 2021AY 2007-08

Bench: Shri George George K, Jm & Shri B.R.Baskaran, Am

For Appellant: Sri.Shailesh Kumar, CAFor Respondent: Sri.Kannan Narayanan, JCIT-DR
Section 144Section 22Section 24Section 57

house property”. Whereas, the rental income from equipment was considered as “income from other sources” by the assessee. The A.O., however, reclassified the rental income from property as “income from other sources” and disallowed standard deduction claimed u/s 24(a) of the I.T.Act for the following two reasons, namely, (i) the assessee is not the owner of the property

M/S VECTRA ADVANCED ENGINEERING PRIVATE LIMITED ,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-7(1)(2), BANGALORE

In the result, the appeals filed by the assessee are allowed

ITA 127/BANG/2019[2013-14]Status: DisposedITAT Bangalore01 Apr 2021AY 2013-14

Bench: Shri George George K, Jm & Shri B.R.Baskaran, Am

For Appellant: Sri.Shailesh Kumar, CAFor Respondent: Sri.Kannan Narayanan, JCIT-DR
Section 144Section 22Section 24Section 57

house property”. Whereas, the rental income from equipment was considered as “income from other sources” by the assessee. The A.O., however, reclassified the rental income from property as “income from other sources” and disallowed standard deduction claimed u/s 24(a) of the I.T.Act for the following two reasons, namely, (i) the assessee is not the owner of the property

VECTRA ADVANCED ENGINEERING PRIVATE LIMITED ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-7(1)(2), BANGALORE

In the result, the appeals filed by the assessee are allowed

ITA 1326/BANG/2018[2006-07]Status: DisposedITAT Bangalore01 Apr 2021AY 2006-07

Bench: Shri George George K, Jm & Shri B.R.Baskaran, Am

For Appellant: Sri.Shailesh Kumar, CAFor Respondent: Sri.Kannan Narayanan, JCIT-DR
Section 144Section 22Section 24Section 57

house property”. Whereas, the rental income from equipment was considered as “income from other sources” by the assessee. The A.O., however, reclassified the rental income from property as “income from other sources” and disallowed standard deduction claimed u/s 24(a) of the I.T.Act for the following two reasons, namely, (i) the assessee is not the owner of the property

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCEL-2(1), BANGALORE vs. SRI MATHIKERE RAMAIAH SEETHARAM, BANGALORE

In the result, the appeals filed by the revenue are dismissed and the COs filed by the assessee are partly allowed for statistical purposes

ITA 542/BANG/2021[2014-15]Status: DisposedITAT Bangalore07 Nov 2022AY 2014-15

Bench: Shri Chandra Poojari & Smt. Beena Pillai

For Appellant: Shri H. Nagin Khincha &For Respondent: Shri M. Mathivanan, D.R
Section 131Section 132(4)Section 153CSection 45(2)

section 34 against the assessee as the karta of a HUF. Further, the High Court had not expressed its opinion on the question based upon section 25 of the 1992 Act. In the result, the order of the High Court was set aside and the appeal was remanded to the High Court for disposal in accordance with

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCEL-2(1), BANGALORE vs. SRI MATHIKERE RAMAIAH SEETHARAM, BANGALORE

In the result, the appeals filed by the revenue are dismissed and the COs filed by the assessee are partly allowed for statistical purposes

ITA 543/BANG/2021[2015-16]Status: DisposedITAT Bangalore07 Nov 2022AY 2015-16

Bench: Shri Chandra Poojari & Smt. Beena Pillai

For Appellant: Shri H. Nagin Khincha &For Respondent: Shri M. Mathivanan, D.R
Section 131Section 132(4)Section 153CSection 45(2)

section 34 against the assessee as the karta of a HUF. Further, the High Court had not expressed its opinion on the question based upon section 25 of the 1992 Act. In the result, the order of the High Court was set aside and the appeal was remanded to the High Court for disposal in accordance with

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCEL-2(1), BANGALORE vs. SRI MATHIKERE RAMAIAH SEETHARAM, BANGALORE

In the result, the appeals filed by the revenue are dismissed and the COs filed by the assessee are partly allowed for statistical purposes

ITA 544/BANG/2021[2016-17]Status: DisposedITAT Bangalore07 Nov 2022AY 2016-17

Bench: Shri Chandra Poojari & Smt. Beena Pillai

For Appellant: Shri H. Nagin Khincha &For Respondent: Shri M. Mathivanan, D.R
Section 131Section 132(4)Section 153CSection 45(2)

section 34 against the assessee as the karta of a HUF. Further, the High Court had not expressed its opinion on the question based upon section 25 of the 1992 Act. In the result, the order of the High Court was set aside and the appeal was remanded to the High Court for disposal in accordance with

SRI RAMAIAH HARISH ,BANGALORE vs. INCOME TAX OFFICER WARD-7(2)(4), BANGALORE

In the result, the appeal of the assessee is allowed

ITA 789/BANG/2019[2015-16]Status: DisposedITAT Bangalore24 Sept 2021AY 2015-16

Bench: Shri N.V. Vasudevan & Shri B.R. Baskaranassessment Year: 2015-16

For Appellant: Shri Gangadhar Shastry, A.RFor Respondent: Shri Sankar Ganesh, D.R
Section 54F

211 (Kar). On appeal by the ITA No. 2692/Bang/2018 department, the High Court dismissed the appeal of the revenue. The Hon'ble Court observed that as held in B.AnandaBassappa (SLP dismissed) & K G Rukminiamma, the Revenue's contention that the phrase "a" residential house would mean "one" residential house is not correct. The expression "a" residential house should be understood

HALESH K. C,BANGALORE vs. INCOME TAX OFFICER, WARD- 7(2)(1), BANGALORE

In the result, the appeal of the assessee is allowed

ITA 194/BANG/2020[2016-17]Status: DisposedITAT Bangalore24 Feb 2021AY 2016-17

Bench: Shri B. R. Baskaran & Smt. Beena Pillaiassessment Year: 2016-17

For Appellant: Shri H. Guruswamy &For Respondent: Shri Priyadarshi Mishra, D.R
Section 54F

211 (Kar). On appeal by the ITA No. 2692/Bang/2018 department, the High Court dismissed the appeal of the revenue. The Hon'ble Court observed that as held in B.Ananda Bassappa (SLP dismissed) & K G Rukminiamma, the Revenue's contention that the phrase "a" residential house would mean "one" Halesh K.C., Bangalore Page 4 of 7 residential house is not correct

SRI. CHANDRASHEKAR VEERABHADRAIAH,BENGALURU vs. INCOME TAX OFFICER, CIRCLE- 6(2)(4), BENGALURU

In the result, appeal of the assessee is allowed for statistical purposes

ITA 2293/BANG/2019[2015-16]Status: DisposedITAT Bangalore07 Dec 2020AY 2015-16

Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year: 2015-16 Shri. Chandrashekar Veerabhadraiah, Ito, No.54, Ramachandrapura, Jalahalli Circle – 6[2][4], Vs. Post, Bangalore – 560 013. Bangalore. Pan No : Aebpv 1717 Q Appellant Respondent Appellant By : Shri. V. Srinivasan, Advocate Respondent By : Shri. Priyadarshi Mishra, Jcit(Dr)(Itat) Date Of Hearing : 01.12.2020 Date Of Pronouncement : 07.12.2020

For Appellant: Shri. V. Srinivasan, AdvocateFor Respondent: Shri. Priyadarshi Mishra, JCIT(DR)(ITAT)
Section 234Section 54F

211 wherein it was held that the phrase “a” residential house would mean “one” residential house is not correct. The expression “a” residential house should be understood in a sense that building should be of residential house in nature and “a” and should not be understood to indicate a singular number. Section 54/54F uses the expression “a residential house

PRATHAP KUMAR N ,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-5(2)(1), BANGALORE

In the result, the appeal of the assesssee is partly allowed

ITA 584/BANG/2018[2012-13]Status: DisposedITAT Bangalore17 Jan 2020AY 2012-13

Bench: Shri Arun Kumar Garodia, Am & Shri Pavan Kumar Gadale, Jm Assessment Year : 2012 – 13 Shri Prathap Kumar N, No. 32/2, 5Th Main Road, Vs. Acit, Circle – 5 (2) (1), Chamrajpet, Bangalore Bangalore – 560018. Pan: Adzpk5497K Appellant Respondent Assessee By : Shree Prasanth G. S., C. A. Revenue By : Shri M. K. Biju, Addl. Cit Dr Date Of Hearing : 09.01.2020 Date Of Pronouncement : 17.01.2020 O R D E R Per Shri A.K. Garodia, Am:

For Appellant: Shree Prasanth G. S., C. AFor Respondent: Shri M. K. Biju, Addl. CIT DR
Section 54F

211 as noted by the AO on page 7 of the assessment order but he has not properly considered this judgment and held that this judgment does not help the case of the assessee. He placed reliance on this judgment and submitted that the amendment in section 54F is by Finance (No. 2) Act, 2014 w.e.f. 01.04.2015 and hence

SMT. KEMPANNA SHYLAJA,BANGALORE vs. INCOME TAX OFFICER, WARD - 6(3)(1), BANGALORE

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

ITA 1105/BANG/2019[2013-14]Status: DisposedITAT Bangalore12 Jul 2021AY 2013-14

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

For Appellant: Shri L.Maheshkumar, AdvocateFor Respondent: Shri Priyadarshi Mishtra, Addl.CIT-DR
Section 54Section 54FSection 68

property constructed at No.617, Hebbal, Bangalore. The assessment was completed by disallowing the exemption u/s 54F of the I.T.Act on the premises that the assessee had failed to discharge the burden placed on her with respect to the construction of residential house and has not filed any documentary evidences in support of the claim of deduction