SANJAY SINGAL (HUF),NEW DELHI vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, CHANDIGARH , CHANDIGARH

In the result, assessee’s appeals are allowed

Bench: SHRI. RAJPAL YADAV (Vice President), SHRI. KRINWANT SAHAY (Accountant Member)

term capital gains of Rs. 18,92,32,161/- as sham transaction and the addition of Rs. 1,15,44,969/- u/s 69C on account of alleged unaccounted commission paid @ 6.5% for the purpose of earning capital gains. During the year the details of the long

SANJAY SINGAL,NEW DELHI vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, CHANDIGARH, CHANDIGARH

In the result, assessee’s appeals are allowed

Bench: SHRI. RAJPAL YADAV (Vice President), SHRI. KRINWANT SAHAY (Accountant Member)

term capital gains of Rs. 18,92,32,161/- as sham transaction and the addition of Rs. 1,15,44,969/- u/s 69C on account of alleged unaccounted commission paid @ 6.5% for the purpose of earning capital gains. During the year the details of the long

ANIKET SINGAL,NEW DELHI vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, CHANDIGARH, CHANDIGARH

In the result, assessee’s appeals are allowed

Bench: SHRI. RAJPAL YADAV (Vice President), SHRI. KRINWANT SAHAY (Accountant Member)

term capital gains of Rs. 18,92,32,161/- as sham transaction and the addition of Rs. 1,15,44,969/- u/s 69C on account of alleged unaccounted commission paid @ 6.5% for the purpose of earning capital gains. During the year the details of the long

SANJEEV KUMAR KATHURIA,YAMUNA NAGAR vs. INCOME TAX OFFICER WARD 1 , YAMUNANAGAR

In the result, the appeal of the assessee is allowed

Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)

gains are long term capital gains (other than long term capital gains arising to a non-resident

SHRI KRISHAN KUMAR JALAN,BANGALORE vs. ITO, W-1, SIRSA

In the result appeal of the assessee is dismissed

Long\nTerm Capital Gain and Short Term Capital Loss.\"\nIn response to the above question the Chairman

SANJAY SINGAL,CHANDIGARH vs. DEPUTY COMMISSIONER OF INCOME TAX, CC-1, CHANDIGARH

Bench: SHRI A.D.JAIN (Vice President), SHRI KRINWANT SAHAY (Accountant Member)

Long Term Capital Gains of Rs. 18,31,36.042/- are allegedly, sham entered into, allegedly, for the purpose

M/S SANJAY SINGAL HUF,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: SHRI A.D.JAIN (Vice President), SHRI KRINWANT SAHAY (Accountant Member)

Long Term Capital Gains of Rs. 18,31,36.042/- are allegedly, sham entered into, allegedly, for the purpose

RAJNI JAIN,BATHINDA vs. PR.CIT(CENTRAL), LUDHIANA

Bench: Shri N.K. Saini & Shri Sudhanshu Srivastava

Term Capital Gain in respect of Gold Coin and Long Term Capital Gain on sale of shares

SHRI SANJAY JAIN,BATHINDA vs. PR.CIT(CENTRAL), LUDHIANA

Bench: Shri N.K. Saini & Shri Sudhanshu Srivastava

Term Capital Gain in respect of Gold Coin and Long Term Capital Gain on sale of shares

TARUN JAIN,BATHINDA vs. PR.CIT(CENTRAL), LUDHIANA

Bench: Shri N.K. Saini & Shri Sudhanshu Srivastava

Term Capital Gain in respect of Gold Coin and Long Term Capital Gain on sale of shares

SH. SANJAY SINGAL HUF,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

long-term capital gain as discussed above. 28. There were certain other assessee’s/beneficiaries who have taken long

SMT. AARTI SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

long-term capital gain as discussed above. 28. There were certain other assessee’s/beneficiaries who have taken long

SH. SANJAY SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

long-term capital gain as discussed above. 28. There were certain other assessee’s/beneficiaries who have taken long

SH. SANJAY SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

long-term capital gain as discussed above. 28. There were certain other assessee’s/beneficiaries who have taken long

SH. SANJAY SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

long-term capital gain as discussed above. 28. There were certain other assessee’s/beneficiaries who have taken long

SMT. AARTI SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

long-term capital gain as discussed above. 28. There were certain other assessee’s/beneficiaries who have taken long

SH. ANIKET SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

long-term capital gain as discussed above. 28. There were certain other assessee’s/beneficiaries who have taken long

SMT. AARTI SINGAL,CHANDIGARH vs. DCIT, CC-1, CHANDIGARH

Bench: S/Shri N.K. Saini, Vice- & Rajpal Yadav, Vice-

long-term capital gain as discussed above. 28. There were certain other assessee’s/beneficiaries who have taken long