SH. AMARDEEP SINGH ATHWAL,YAMUNANAGAR vs. ITO, WARD-1, YAMUNANAGAR

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

section (37) thereof deals with capital gains arising from transfer of agricultural land, it no where provides as to what is to be included under the head "Capital gains". The argument raised is not well founded. 11. Learned counsel has relied on Circular No. 5

SAROJ CHAUDHARY BALA,PANCHKULA vs. ITO, WARD-4, PANCHKULA

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

section (37) thereof deals with capital gains arising from transfer of agricultural land, it no where provides as to what is to be included under the head "Capital gains". The argument raised is not well founded. 11. Learned counsel has relied on Circular No. 5

SMT. SHANKRI DEVI,PANCHKULA vs. ACIT, PANCKULA CIRCLE, PANCHKULA

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

section (37) thereof deals with capital gains arising from transfer of agricultural land, it no where provides as to what is to be included under the head "Capital gains". The argument raised is not well founded. 11. Learned counsel has relied on Circular No. 5

SH. AMARDEEP SINGH ATHWAL,YAMUNANAGAR vs. ITO, WARD-1, YAMUNANAGAR

Bench: BEFORE: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

section (37) thereof deals with capital gains arising from transfer of agricultural land, it no where provides as to what is to be included under the head "Capital gains". The argument raised is not well founded. 11. Learned counsel has relied on Circular No. 5

RANJIT SINGH,PANCHKULA vs. DEPUTY DIRECTOR, CPC DEPARTMENT

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

section (37) thereof deals with capital gains arising from transfer of agricultural land, it no where provides as to what is to be included under the head "Capital gains". The argument raised is not well founded. 11. Learned counsel has relied on Circular No. 5

ARJESH KUMAR,PATIALA vs. ITO NATIONAL E-ASSESSMENT CENTRE , DELHI

section (37) thereof deals with capital gains arising from transfer of agricultural land, it no where provides as to what is to be included under the head "Capital gains". The argument raised is not well founded. 11. Learned counsel has relied on Circular No. 5

INCOME TAX OFFICER, FATEHABAD vs. MAHESH NAGPAL, FATEHABAD

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

section (37) thereof deals with capital gains arising from transfer of agricultural land, it no where provides as to what is to be included under the head "Capital gains". The argument raised is not well founded. 11. Learned counsel has relied on Circular No. 5

PAWAN KUMAR,FATEHABAD vs. INCOME TAX OFFICER WARD-1, FATEHABAD

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

section (37) thereof deals with capital gains arising from transfer of agricultural land, it no where provides as to what is to be included under the head "Capital gains". The argument raised is not well founded. 11. Learned counsel has relied on Circular No. 5

BALBIR KUMAR HUF,CHANDIGARH vs. ITO , CHANDIGARH

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

section (37) thereof deals with capital gains arising from transfer of agricultural land, it no where provides as to what is to be included under the head "Capital gains". The argument raised is not well founded. 11. Learned counsel has relied on Circular No. 5

KAKA SINGH ALIAS GULJAR SINGH,PATIALA vs. INCOME TAX OFFICER , PATIALA

capital gain of that year shall be\nrecomputed by taking the compensation or consideration as so reduced by\nsuch Court, Tribunal or other authority to be the full value of the\nconsideration. For giving effect to such recomputation, the provisions of the\nnewly inserted (with effect from 1-4-2004) section 155(16) by the Finance Act,\n2003

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

In the result appeal of the assessee is dismissed

5) Inpara NO.-4 of the letter dt. 19.2.2016, is is mentioned that\nbeneficiaries who wanted to book bogus long term capital gains have\npaid cash to purchase shares is false. In the assessee case the purchase of\nsharps was made through account payee cheque.\n(6) Regarding the proposal to treat the amount of Long term capital gain

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

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

5 to 6 % was taken from the beneficiaries by such operators. Similarly, he explained the modus operandi for entries given through bogus short term capital gain and bogus share capital / share premium/ unsecured loan. Such statements under Section 132(4) of the Act, by Shri Shrish Chandrakant Shah and Shri R.K. Kedia, were supported by seizure of a large number

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

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

5 to 6 % was taken from the beneficiaries by such operators. Similarly, he explained the modus operandi for entries given through bogus short term capital gain and bogus share capital / share premium/ unsecured loan. Such statements under Section 132(4) of the Act, by Shri Shrish Chandrakant Shah and Shri R.K. Kedia, were supported by seizure of a large number

NARENDER KAUR,KURUKSHETRA, HARYANA vs. INCOME TAX OFFICER WARD-1 , KURUKSHETRA

capital gain of that year shall be\nrecomputed by taking the compensation or consideration as so reduced by\nsuch Court, Tribunal or other authority to be the full value of the\nconsideration. For giving effect to such recomputation, the provisions of the\nnewly inserted (with effect from 1-4-2004) section 155(16) by the Finance Act,\n2003

SH. AJIT SINGH,PINJORE vs. ITO, WARD-1, PANCHKULA

capital gain of that year shall be\nrecomputed by taking the compensation or consideration as so reduced by\nsuch Court, Tribunal or other authority to be the full value of the\nconsideration. For giving effect to such recomputation, the provisions of the\nnewly inserted (with effect from 1-4-2004) section 155(16) by the Finance Act,\n2003

AVTAR SINGH,VILLAGE MANAKPUR THAKUR DASS vs. ITO WARD-1, INCOME TAX OFFICE

capital gain of that year shall be\nrecomputed by taking the compensation or consideration as so reduced by\nsuch Court, Tribunal or other authority to be the full value of the\nconsideration. For giving effect to such recomputation, the provisions of the\nnewly inserted (with effect from 1-4-2004) section 155(16) by the Finance Act,\n2003

BALJIT SINGH,AMBALA CITY vs. INCOME TAX OFFICER, WARD-1, AMBALA, AMBALA

capital gain of that year shall be\nrecomputed by taking the compensation or consideration as so reduced by\nsuch Court, Tribunal or other authority to be the full value of the\nconsideration. For giving effect to such recomputation, the provisions of the\nnewly inserted (with effect from 1-4-2004) section 155(16) by the Finance Act,\n2003

GURDEEP SINGH HUF,CHANDIGARH vs. ITO, WARD 5(5), CHANDIGARH

capital gain of that year shall be\nrecomputed by taking the compensation or consideration as so reduced by\nsuch Court, Tribunal or other authority to be the full value of the\nconsideration. For giving effect to such recomputation, the provisions of the\nnewly inserted (with effect from 1-4-2004) section 155(16) by the Finance Act,\n2003