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7 results for “capital gains”+ Section 43Cclear

Sorted by relevance

Karnataka51Mumbai51Ahmedabad37Delhi26Bangalore15Hyderabad8Chennai7Kolkata6Cochin4SC4Jaipur3Cuttack2Visakhapatnam2Surat2Pune2Jodhpur1Indore1Patna1Rajkot1Telangana1

Key Topics

Section 1114Section 12A5Section 325Charitable Trust5Depreciation5Exemption3Section 11(1)(a)2Deduction2Disallowance2

S.ARJUN,CHENNAI vs. ACIT NON CORPORATE WARD 20(1), CHENNAI

In the result, the appeal of the assessee is partly allowed for statistical purposes

ITA 2220/CHNY/2018[2010-11]Status: DisposedITAT Chennai23 Oct 2018AY 2010-11

Bench: Shri Abraham P. George & Shri Duvvuru Rl Reddy]

For Appellant: Shri. Saroj Kumar Parida, Advocate
Section 36(2)

capital expenditure or personal expenses of the assessee), laid out or expended wholly and exclusively for the purposes of the business or profession shall be allowed in computing the income chargeable under the head ' Profits and gains of business or profession' . Explanation.—For the removal of doubts, it is hereby declared that any expenditure incurred by an assessee

RURAL EDUCATION AND ACTION FOR LIBERATION,VILLUPURAM vs. ITO WARD 1, VILLUPURAM

In the result, the appeal filed by the assessee in ITA

ITA 1243/CHNY/2019[2011-12]Status: Disposed
ITAT Chennai
26 Jul 2019
AY 2011-12

Bench: Shri Inturi Rama Rao & Shri Duvvuru Rl Reddy] आयकर अपील सं./I.T.A. No.1246/Chny/2019. "नधा$रण वष$ /Assessment Year : 2010-11

For Appellant: Shri D.Anand,AdvocateFor Respondent: Shri G.N.Ragavendra Rao
Section 11Section 32

gains of business shall be computed in accordance with section 30 to section 43C. That, section 32(1) of the Act provides for depreciation in respect of building, plant and machinery owned by the assessee and used for the business purposes. It further provides for deduction subject to section 34. In that matter also, a similar argument

RURAL EDUCATION AND ACTION FOR LIBERATION,VILLUPURAM vs. ITO WARD 1, VILLUPURAM

In the result, the appeal filed by the assessee in ITA

ITA 1244/CHNY/2019[2012-13]Status: DisposedITAT Chennai26 Jul 2019AY 2012-13

Bench: Shri Inturi Rama Rao & Shri Duvvuru Rl Reddy] आयकर अपील सं./I.T.A. No.1246/Chny/2019. "नधा$रण वष$ /Assessment Year : 2010-11

For Appellant: Shri D.Anand,AdvocateFor Respondent: Shri G.N.Ragavendra Rao
Section 11Section 32

gains of business shall be computed in accordance with section 30 to section 43C. That, section 32(1) of the Act provides for depreciation in respect of building, plant and machinery owned by the assessee and used for the business purposes. It further provides for deduction subject to section 34. In that matter also, a similar argument

ESSK EDUCATIONAL CHARITIES,VILLUPURAM vs. ITO WARD 1, VILLUPURAM

In the result, the appeal filed by the assessee in ITA

ITA 1246/CHNY/2019[2010-11]Status: DisposedITAT Chennai26 Jul 2019AY 2010-11

Bench: Shri Inturi Rama Rao & Shri Duvvuru Rl Reddy] आयकर अपील सं./I.T.A. No.1246/Chny/2019. "नधा$रण वष$ /Assessment Year : 2010-11

For Appellant: Shri D.Anand,AdvocateFor Respondent: Shri G.N.Ragavendra Rao
Section 11Section 32

gains of business shall be computed in accordance with section 30 to section 43C. That, section 32(1) of the Act provides for depreciation in respect of building, plant and machinery owned by the assessee and used for the business purposes. It further provides for deduction subject to section 34. In that matter also, a similar argument

DCIT (EXEMPTIONS), , CHENNAI vs. SRI VEKKALIAMMAN EDUCATIONAL & CHARITABLE TRUST, CHENNAI

In the result, appeal of the Revenue stands dismissed

ITA 2722/CHNY/2017[2011-12]Status: DisposedITAT Chennai18 Jun 2018AY 2011-12

Bench: Shri N.R.S. Ganesan & Shri Abraham P. George] आयकर अपील सं./I.T.A. No. 2722/Chny/2017 "नधा"रण वष" /Assessment Year : 2011-2012. Deputy Commissioner Of M/S. Sri Vekkaliamman Educational Income Tax, Vs. & Charitable Trust, (Exemptions) No.10, East Mada Church Street, Chennai Circle, Royapuram, Chennai 600 034. Chennai 600 013. [Pan Aafts 7863Q] (अपीलाथ"/Appellant) (""यथ"/Respondent)

For Respondent: Shri. G. Seetharaman, C.A
Section 11Section 11(1)(a)Section 12ASection 32

gains of business shall be computed in accordance with section 30 to section 43C. That, section 32(1) of the Act provides for depreciation in respect of building, plant and machinery owned by the assessee and used for business purposes. It further provides for deduction subject to section 34. In that matter also, a similar argument, as in the present

BANNARIAMMAN EDUCATIONAL TRUST,COIMBATORE vs. DCIT, COIMBATORE

In the result, appeal of the assessee stands allowed

ITA 3342/CHNY/2016[2012-13]Status: DisposedITAT Chennai05 Apr 2018AY 2012-13

Bench: Shri N.R.S. Ganesan & Shri Abraham P. George] आयकर अपील सं./I.T.A. No. 3342/Chny/2016 "नधा"रण वष" /Assessment Year : 2012-2013. M/S. Bannariamman Educational Vs. The Deputy Commissioner Of Trust, Income Tax, No.1212, Trichy Road, Exemptions, Coimbatore 641 018. Coimbatore. [Pan Aaatb 1235C] (अपीलाथ"/Appellant) (""यथ"/Respondent)

For Appellant: Shri. Saroj Kumar Parida, Adv
Section 11Section 11(1)(a)Section 12ASection 28Section 32

gains of business ahll be computed in accordance with section 30 to section 43C. That, section 32(1) of the Act provides for depreciation in respect of building, plant and machinery owned by the assessee and used for business purposes. It further provides for deduction subject to section 34. In that matter also, a similar argument, as in the present

ACIT, CHENNAI vs. VALLIAMMAI SOCIETY, CHENNAI

In the result, appeal of the Revenue is dismissed whereas cross objection of the assessee is dismissed as infructuous

ITA 440/CHNY/2017[2012-13]Status: DisposedITAT Chennai05 Apr 2018AY 2012-13

Bench: Shri N.R.S. Ganesan & Shri Abraham P. George] आयकर अपील सं./I.T.A. No. 440/Chny/2017 & C.O. No.48/Chny/2017 (In Ita No.440/Chny/2017) "नधा"रण वष" /Assessment Year : 2012-2013

For Appellant: Shri. B. S. Purushottam, C.AFor Respondent: Mrs. Ruby George, IRS, CIT
Section 11Section 12ASection 133(6)

gains of business ahll be computed in accordance with section 30 to section 43C. That, section 32(1) of the Act provides for depreciation in respect of :- 13 -: & CO 48/2017 building, plant and machinery owned by the assessee and used for business purposes. It further provides for deduction subject to section 34. In that matter also, a similar argument