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8 results for “bogus purchases”+ Section 50Cclear

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Key Topics

Addition to Income8Limitation/Time-bar8

M/S AJAY KUMAR SOOD ENGINEERS & CONTRACTORS,SHIMLA vs. DCIT, CHANDIGARH

The appeal of the Revenue is hereby dismissed

ITA 323/CHANDI/2014[2009-10]Status: DisposedITAT Chandigarh13 Jun 2018AY 2009-10

Bench: Smt. Diva Singh & Dr. B.R.R. Kumar

For Appellant: Shri. Sudhir SehgalFor Respondent: Sh. Manjit Singh

50C are not applicable for the sale of assets which are part of stock in trade and remand the matter back to the file of Assessing Officer for the limited issue to examine if the asset in question has been shown / reflected as stock in trade or in closing stock in the regular returns filed by the assessee and take

M/S AJAY KUMAR SOOD ENGINEERS & CONTRACTORS,SHIMLA vs. DCIT, CHANDIGARH

The appeal of the Revenue is hereby dismissed

ITA 322/CHANDI/2014[2008-09]Status: DisposedITAT Chandigarh13 Jun 2018AY 2008-09

Smt. Diva Singh & Dr. B.R.R. Kumar

Bench:
For Appellant: Shri. Sudhir SehgalFor Respondent: Sh. Manjit Singh

50C are not applicable for the sale of assets which are part of stock in trade and remand the matter back to the file of Assessing Officer for the limited issue to examine if the asset in question has been shown / reflected as stock in trade or in closing stock in the regular returns filed by the assessee and take

M/S AJAY KUMAR SOOD ENGINEERS & CONTRACTORS,SHIMLA vs. DCIT, CHANDIGARH

The appeal of the Revenue is hereby dismissed

ITA 325/CHANDI/2014[2011-12]Status: DisposedITAT Chandigarh13 Jun 2018AY 2011-12

Bench: Smt. Diva Singh & Dr. B.R.R. Kumar

For Appellant: Shri. Sudhir SehgalFor Respondent: Sh. Manjit Singh

50C are not applicable for the sale of assets which are part of stock in trade and remand the matter back to the file of Assessing Officer for the limited issue to examine if the asset in question has been shown / reflected as stock in trade or in closing stock in the regular returns filed by the assessee and take

M/S AJAY KUMAR SOOD ENGINEERS & CONTRACTORS,SHIMLA vs. DCIT, CHANDIGARH

The appeal of the Revenue is hereby dismissed

ITA 319/CHANDI/2014[2005-06]Status: DisposedITAT Chandigarh13 Jun 2018AY 2005-06

Bench: Smt. Diva Singh & Dr. B.R.R. Kumar

For Appellant: Shri. Sudhir SehgalFor Respondent: Sh. Manjit Singh

50C are not applicable for the sale of assets which are part of stock in trade and remand the matter back to the file of Assessing Officer for the limited issue to examine if the asset in question has been shown / reflected as stock in trade or in closing stock in the regular returns filed by the assessee and take

DCIT, CHANDIGARH vs. M/S AJAY KUMAR SOOD ENGINEERS AND CONTRACTORS, SHIMLA

The appeal of the Revenue is hereby dismissed

ITA 345/CHANDI/2014[2011-12]Status: DisposedITAT Chandigarh13 Jun 2018AY 2011-12

Bench: Smt. Diva Singh & Dr. B.R.R. Kumar

For Appellant: Shri. Sudhir SehgalFor Respondent: Sh. Manjit Singh

50C are not applicable for the sale of assets which are part of stock in trade and remand the matter back to the file of Assessing Officer for the limited issue to examine if the asset in question has been shown / reflected as stock in trade or in closing stock in the regular returns filed by the assessee and take

M/S AJAY KUMAR SOOD ENGINEERS & CONTRACTORS,SHIMLA vs. DCIT, CHANDIGARH

The appeal of the Revenue is hereby dismissed

ITA 320/CHANDI/2014[2006-07]Status: DisposedITAT Chandigarh13 Jun 2018AY 2006-07

Bench: Smt. Diva Singh & Dr. B.R.R. Kumar

For Appellant: Shri. Sudhir SehgalFor Respondent: Sh. Manjit Singh

50C are not applicable for the sale of assets which are part of stock in trade and remand the matter back to the file of Assessing Officer for the limited issue to examine if the asset in question has been shown / reflected as stock in trade or in closing stock in the regular returns filed by the assessee and take

M/S AJAY KUMAR SOOD ENGINEERS & CONTRACTORS,SHIMLA vs. DCIT, CHANDIGARH

The appeal of the Revenue is hereby dismissed

ITA 321/CHANDI/2014[2007-08]Status: DisposedITAT Chandigarh13 Jun 2018AY 2007-08

Bench: Smt. Diva Singh & Dr. B.R.R. Kumar

For Appellant: Shri. Sudhir SehgalFor Respondent: Sh. Manjit Singh

50C are not applicable for the sale of assets which are part of stock in trade and remand the matter back to the file of Assessing Officer for the limited issue to examine if the asset in question has been shown / reflected as stock in trade or in closing stock in the regular returns filed by the assessee and take

SH. AJAY GOEL,SHIMLA vs. DCIT, CHANDIGARH

The appeal of the Revenue is hereby dismissed

ITA 137/CHANDI/2015[2011-12]Status: DisposedITAT Chandigarh13 Jun 2018AY 2011-12

Bench: Smt. Diva Singh & Dr. B.R.R. Kumar

For Appellant: Shri. Sudhir SehgalFor Respondent: Sh. Manjit Singh

50C are not applicable for the sale of assets which are part of stock in trade and remand the matter back to the file of Assessing Officer for the limited issue to examine if the asset in question has been shown / reflected as stock in trade or in closing stock in the regular returns filed by the assessee and take