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2 results for “capital gains”+ Section 80Cclear

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Key Topics

Section 54F5Section 80C4Section 2503Section 1472Section 242Deduction2Addition to Income2

KUNDOLY KRISHNANKUTTY SUNIL,THRISSUR vs. INCOME TAX OFFICER,WARD 2(1), THRISSUR

ITA 547/COCH/2025[2016-2017]Status: DisposedITAT Cochin22 Sept 2025AY 2016-2017
Section 143(3)Section 250Section 54FSection 80C

Section 54F exemption purposes.* - *4. The appellant has invested Rs.1,53,888/- in LIC premium. While filing the return of income since the income other than capital gain was Rs.70,462/-, your appellant has claimed Rs.70,462/- as deduction u/s 80C

VISWANATHAN KRISHNAKUMAR,ALUVA vs. INCOME TAX OFFICER, ALUVA

In the result, the appeal of the assessee bearing ITA No

ITA 606/COCH/2025[2015-16]Status: DisposedITAT Cochin24 Nov 2025AY 2015-16

the Ld. CIT(A). The Ld.CIT(A) partly allowed the appeal filed by the assessee. Being aggrieved, the assessee has filed the appeal before the Tribunal.

Bench:
For Appellant: Shri Anil Kumar P J, AdvFor Respondent: Smt. Leena Lal. Snr AR
Section 147Section 148Section 24Section 250Section 54FSection 80C

section 80C; disallowance of business promotion expenses; disallowance of 33% of vehicle 4 ITA 606/Coch/2025 VishwanathanKrishnakumar expenses along with depreciation on the vehicle; and addition on account of short-term capital gains