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4 results for “capital gains”+ Section 50B(1)clear

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Mumbai98Delhi32Chennai23Raipur18Kolkata16Bangalore14Hyderabad6Amritsar5Ahmedabad5Cochin4Karnataka4Telangana3Pune3Nagpur2SC2Indore2Visakhapatnam1Calcutta1Surat1A.K. SIKRI N.V. RAMANA1

Key Topics

Section 50B10Section 54E7Section 50B(1)4Capital Gains4Section 23Section 143(3)3Long Term Capital Gains3Short Term Capital Gains3Section 2(14)2Section 42

ACEELERATED FREEZE DRYING CO.LTD,ALAPPUZHA vs. DCIT, ALAPPUZHA

In the result, the appeal of the Revenue is allowed and the appeal of the

ITA 1286/COCH/2005[2002-03]Status: DisposedITAT Cochin28 Jun 2019AY 2002-03

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

Section 143(3)Section 2Section 2(14)Section 42Section 50BSection 50B(1)

50B the asset has to be first classified between long term or short term capital asset and then for the purpose of Sections 48 and 49 net worth has to be computed in terms of explanation 1 of the said Section. The capital gain

DCIT, ALAPPUZHA vs. M/S ACEELERATED FREEZE DRYING CO, LTD, ALAPPUZHA

2
Section 234B2
Deduction2

In the result, the appeal of the Revenue is allowed and the appeal of the

ITA 714/COCH/2008[2002-03]Status: DisposedITAT Cochin28 Jun 2019AY 2002-03

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

Section 143(3)Section 2Section 2(14)Section 42Section 50BSection 50B(1)

50B the asset has to be first classified between long term or short term capital asset and then for the purpose of Sections 48 and 49 net worth has to be computed in terms of explanation 1 of the said Section. The capital gain

M/S.AMALGAM FOODS LTD,KOCHI vs. THE DCIT, CIR-1, ALLEPPEY, ALLEPPEY

In the result, the appeal filed by the assessee is dismissed

ITA 110/COCH/2018[2003-04]Status: DisposedITAT Cochin09 Apr 2019AY 2003-04

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

Section 2Section 43BSection 50(2)Section 50B

section 50B of the Act are applicable so as to ascertain computation of capital gain in this case. 8.5 In view of the above, we do not find any infirmity in the order of the CIT(A) and the same is confirmed. This ground of appeal of the assessee is dismissed. 9. In the result, the appeal filed

THE ACIT, COCHIN vs. DR. RAMESH KUMAR ISWARA, COCHIN

In the result, the appeal filed by the Revenue is dismissed

ITA 122/COCH/2016[2006-07]Status: DisposedITAT Cochin08 Jun 2017AY 2006-07

Bench: S/Shri Abraham P. George, Am & George George K., Jm

Section 143(3)Section 148Section 234(1)Section 234BSection 50BSection 54ESection 54F

1-4-2006 upto date of re-assessment (order dated 14-3- 2014). Aggrieved, the assessee preferred an appeal to the first appellate authority. The CIT(A) upheld the order of the Assessing Officer in not granting exemption u/s. 54EC and 54F of the Act. The CIT(A) allowed relief in respect of chargeability of interest u/s. 234B