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2 results for “capital gains”+ Section 54F(1)clear

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Mumbai434Delhi405Chennai269Bangalore243Ahmedabad127Hyderabad119Jaipur94Kolkata73Pune72Indore71Surat45Visakhapatnam35Karnataka31Chandigarh29Cochin24Nagpur22Patna21Raipur18Agra15Rajkot11Jabalpur11Jodhpur9Lucknow9Dehradun8Amritsar7Cuttack7Telangana7SC5Ranchi5Kerala3Allahabad2Guwahati2Calcutta2Varanasi2A.K. SIKRI N.V. RAMANA1

PRINCIPAL COMMISSIONER OF INCOME TAX -3, KOLKATA vs. M/S. ITC LIMITED

Appeal is allowed to the extent indicated

ITA/125/2018HC Calcutta27 Jun 2024

Bench: HON'BLE JUSTICE SURYA PRAKASH KESARWANI,HON'BLE JUSTICE RAJARSHI BHARADWAJ

1) Any profit or gains arising from the transfer of a capital asset effected in the previous year shall, save as otherwise provided in Sections 54, 54B, 54D, 54E, 54EA, 54EB, 54F

PRINCIPAL COMMISSIONER OF INCOME TAX-I, KOLKATA vs. SMT. SHIKHA ROY

ITAT/162/2021HC Calcutta08 Feb 2022

Bench: HON'BLE JUSTICE T. S. SIVAGNANAM,HON'BLE JUSTICE HIRANMAY BHATTACHARYYA

Section 143(2)Section 260ASection 54ESection 54F

1), the case was discussed with the authorised representative of the assessee. The assessing officer noted that the assessee had shown income from rent from house property and long-term capital gains (LTCG) on sale of tenancy right and interest from fixed deposits during the year. The assessing officer noted that the assessee sold a tenancy right for a total