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77 results for “capital gains”+ Section 197clear

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Key Topics

Section 26342Section 143(3)19Section 14818Addition to Income11Section 699Section 143(2)8Section 688Deduction8Section 142(1)7

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

ITA 655/CHANDI/2023[2015-16]Status: DisposedITAT Chandigarh08 Oct 2024AY 2015-16

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

For Appellant: Shri Ashwani Kumar, CAFor Respondent: Smt. Kusum Bansal, CIT, DR
Section 132Section 132(4)Section 250(6)Section 68Section 69ASection 69C

section 69C of the Act on account of unexplained commission expenses are also deleted in all these appeals as a consequence to the finding on main issue. " (emphasis supplied) 13.7 In the aforesaid decision, the Tribunal has followed the earlier decision of the (Delhi Bench) of the Tribunal in ITA 655/CHD/2023 & ITA 610/CHD/2023 A.Y. 2015-16 50 the case

Showing 1–20 of 77 · Page 1 of 4

Section 250(6)6
Condonation of Delay3
Capital Gains3

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

ITA 610/CHANDI/2023[2015-16]Status: DisposedITAT Chandigarh08 Oct 2024AY 2015-16

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

For Appellant: Shri Ashwani Kumar, CAFor Respondent: Smt. Kusum Bansal, CIT, DR
Section 132Section 132(4)Section 250(6)Section 68Section 69ASection 69C

section 69C of the Act on account of unexplained commission expenses are also deleted in all these appeals as a consequence to the finding on main issue. " (emphasis supplied) 13.7 In the aforesaid decision, the Tribunal has followed the earlier decision of the (Delhi Bench) of the Tribunal in ITA 655/CHD/2023 & ITA 610/CHD/2023 A.Y. 2015-16 50 the case

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

ITA 876/CHANDI/2024[2018-19]Status: DisposedITAT Chandigarh11 Nov 2025AY 2018-19
For Appellant: Shri Suraj Bhan Nain, AdvocateFor Respondent: Shri Manav Bansal, CIT, DR

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

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

ITA 635/CHANDI/2022[2017-18]Status: DisposedITAT Chandigarh11 Nov 2025AY 2017-18

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

For Appellant: Shri Suraj Bhan Nain, AdvocateFor Respondent: Shri Manav Bansal, CIT, DR

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

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

ITA 1112/CHANDI/2024[2018-19]Status: DisposedITAT Chandigarh11 Nov 2025AY 2018-19

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

For Appellant: Shri Suraj Bhan Nain, AdvocateFor Respondent: Shri Manav Bansal, CIT, DR

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

RANJIT SINGH,PANCHKULA vs. DEPUTY DIRECTOR, CPC DEPARTMENT

ITA 992/CHANDI/2025[2023-24]Status: DisposedITAT Chandigarh11 Nov 2025AY 2023-24

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

For Appellant: Shri Suraj Bhan Nain, AdvocateFor Respondent: Shri Manav Bansal, CIT, DR

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

INCOME TAX OFFICER, FATEHABAD vs. MAHESH NAGPAL, FATEHABAD

ITA 531/CHANDI/2024[2018-19]Status: DisposedITAT Chandigarh11 Nov 2025AY 2018-19

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

For Appellant: Shri Suraj Bhan Nain, AdvocateFor Respondent: Shri Manav Bansal, CIT, DR

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

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

ITA 566/CHANDI/2023[2015-16]Status: DisposedITAT Chandigarh11 Nov 2025AY 2015-16

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

For Appellant: Shri Suraj Bhan Nain, AdvocateFor Respondent: Shri Manav Bansal, CIT, DR

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

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

ITA 596/CHANDI/2022[2013-14]Status: DisposedITAT Chandigarh11 Nov 2025AY 2013-14

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

For Appellant: Shri Suraj Bhan Nain, AdvocateFor Respondent: Shri Manav Bansal, CIT, DR

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

BALBIR KUMAR HUF,CHANDIGARH vs. ITO , CHANDIGARH

ITA 172/CHANDI/2024[2017-18]Status: DisposedITAT Chandigarh11 Nov 2025AY 2017-18

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

For Appellant: Shri Suraj Bhan Nain, AdvocateFor Respondent: Shri Manav Bansal, CIT, DR

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

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

ITA 565/CHANDI/2023[2014-15]Status: DisposedITAT Chandigarh11 Nov 2025AY 2014-15

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

For Appellant: Shri Suraj Bhan Nain, AdvocateFor Respondent: Shri Manav Bansal, CIT, DR

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

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

ITA 663/CHANDI/2024[2020-21]Status: DisposedITAT Chandigarh11 Nov 2025AY 2020-21
For Respondent: \nShri Suraj Bhan Nain, Advocate

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 BALJINDER SINGH,MOHALI vs. ITO, W-6(4), MOHALI

In the result, appeals of the assessees are allowed for statistical purposes

ITA 969/CHANDI/2019[2013-14]Status: DisposedITAT Chandigarh15 Jan 2020AY 2013-14
For Appellant: Shri R.R. Thakur, AdvocateFor Respondent: Shri Arvind Sudarshan (JCIT DR)
Section 142(1)Section 148

Section 54B 14,787,100.00 (Registry Value) Details of Investment in Agriculture Land Dated ____ Registry Value _____________________ Stamp Papers ____________ Total 30.07.12 10,792,000.00 539,600.00 11,331,600.00 30.07.12 3,070,000.00 153,500.00 3,223,500.00 06.02.13 225.000.00 7.000.00 232.000.00 Total 14.087.000.00 700,100.00 14.787.100.00 Taxable Capital Gain Nil Share of Taxable Capital Gain

SHRI GURDEEP SINGH,MOHALI vs. ITO, W-6(4), MOHALI

In the result, appeals of the assessees are allowed for statistical purposes

ITA 971/CHANDI/2019[2013-14]Status: DisposedITAT Chandigarh15 Jan 2020AY 2013-14
For Appellant: Shri R.R. Thakur, AdvocateFor Respondent: Shri Arvind Sudarshan (JCIT DR)
Section 142(1)Section 148

Section 54B 14,787,100.00 (Registry Value) Details of Investment in Agriculture Land Dated ____ Registry Value _____________________ Stamp Papers ____________ Total 30.07.12 10,792,000.00 539,600.00 11,331,600.00 30.07.12 3,070,000.00 153,500.00 3,223,500.00 06.02.13 225.000.00 7.000.00 232.000.00 Total 14.087.000.00 700,100.00 14.787.100.00 Taxable Capital Gain Nil Share of Taxable Capital Gain

SHRI KESAR SINGH,MOHALI vs. ITO, W-6(4), MOHALI

In the result, appeals of the assessees are allowed for statistical purposes

ITA 970/CHANDI/2019[2013-14]Status: DisposedITAT Chandigarh15 Jan 2020AY 2013-14
For Appellant: Shri R.R. Thakur, AdvocateFor Respondent: Shri Arvind Sudarshan (JCIT DR)
Section 142(1)Section 148

Section 54B 14,787,100.00 (Registry Value) Details of Investment in Agriculture Land Dated ____ Registry Value _____________________ Stamp Papers ____________ Total 30.07.12 10,792,000.00 539,600.00 11,331,600.00 30.07.12 3,070,000.00 153,500.00 3,223,500.00 06.02.13 225.000.00 7.000.00 232.000.00 Total 14.087.000.00 700,100.00 14.787.100.00 Taxable Capital Gain Nil Share of Taxable Capital Gain

SHRI DIDAR SINGH,MOHALI vs. ITO, W-6(4), MOHALI

In the result, appeals of the assessees are allowed for statistical purposes

ITA 968/CHANDI/2019[2013-14]Status: DisposedITAT Chandigarh15 Jan 2020AY 2013-14
For Appellant: Shri R.R. Thakur, AdvocateFor Respondent: Shri Arvind Sudarshan (JCIT DR)
Section 142(1)Section 148

Section 54B 14,787,100.00 (Registry Value) Details of Investment in Agriculture Land Dated ____ Registry Value _____________________ Stamp Papers ____________ Total 30.07.12 10,792,000.00 539,600.00 11,331,600.00 30.07.12 3,070,000.00 153,500.00 3,223,500.00 06.02.13 225.000.00 7.000.00 232.000.00 Total 14.087.000.00 700,100.00 14.787.100.00 Taxable Capital Gain Nil Share of Taxable Capital Gain

SHRI DARSHAN SINGH,MOHALI vs. ITO, W-6(4), MOHALI

In the result, appeals of the assessees are allowed for statistical purposes

ITA 967/CHANDI/2019[2013-14]Status: DisposedITAT Chandigarh15 Jan 2020AY 2013-14
For Appellant: Shri R.R. Thakur, AdvocateFor Respondent: Shri Arvind Sudarshan (JCIT DR)
Section 142(1)Section 148

Section 54B 14,787,100.00 (Registry Value) Details of Investment in Agriculture Land Dated ____ Registry Value _____________________ Stamp Papers ____________ Total 30.07.12 10,792,000.00 539,600.00 11,331,600.00 30.07.12 3,070,000.00 153,500.00 3,223,500.00 06.02.13 225.000.00 7.000.00 232.000.00 Total 14.087.000.00 700,100.00 14.787.100.00 Taxable Capital Gain Nil Share of Taxable Capital Gain

HARMALA,CHANDIGARH vs. ITO, WARD 1(1), NANGAL

ITA 432/CHANDI/2022[2015-16]Status: DisposedITAT Chandigarh11 Nov 2025AY 2015-16

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. RAMESH CHAND,JAGADHRI vs. ITO, WARD-3, YAMUNA NAGAR

ITA 731/CHANDI/2022[2015-16]Status: DisposedITAT Chandigarh11 Nov 2025AY 2015-16
For Appellant: \nShri Suraj Bhan Nain, AdvocateFor Respondent: \nShri Manav Bansal, CIT, DR

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. SURESH PAL,YAMUNA NAGAR vs. ITO, WARD 5, YAMUNA NAGAR

ITA 668/CHANDI/2022[2018-19]Status: DisposedITAT Chandigarh11 Nov 2025AY 2018-19

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