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2 results for “section 68”+ Section 112Aclear

Sorted by relevance

Mumbai14Pune4Indore2Bangalore2Jaipur2Delhi2SC1

Key Topics

Section 80G4Section 143(1)3Section 2502Section 1542Section 143(1)(a)2Capital Gains2Long Term Capital Gains2Business Income2Set Off of Losses2

DIVYA DINESH ,BENGALURU vs. DCIT, CIRCLE-7(1)(1), BANGALORE

In the result appeal of the assessee is allowed

ITA 2194/BANG/2025[2019-2020]Status: DisposedITAT Bangalore24 Feb 2026AY 2019-2020

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

For Appellant: Shri Sudheendra B.R, AdvocateFor Respondent: Shri Balusamy N, JCIT
Section 115BSection 143(1)Section 154Section 250Section 80G

68,81,000/- only. Hence, the assessee declared total income of Rs. 36,78,25,370/- being taxable at special rate only. 4.3 The return was processed under section 143(1) of the Act and intimation order was generated as on 28th February 2020 wherein the CPC, sett of the short-term capital loss

MR. VIKRAM DHONDU RAO,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE-4(1)(1), BANGALORE

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

ITA 293/BANG/2023[2020-21]Status: DisposedITAT Bangalore26 Jun 2023AY 2020-21

Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year: 2020-21

For Appellant: Shri Sandeep Chalapathy, A.RFor Respondent: Smt. Priyadarshini Besaganni, D.R
Section 112ASection 143(1)Section 143(1)(a)Section 250

68,440/- against the income of Rs. 2,71,02,910/- declared in the return of income. The difference is Rs. 6,65,530/- which is arising under the head "Profits and gains of business or profession". The reason for the difference is that the assessee has reduced a sum of Rs. 6,57,138/- while arriving at the income