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5 results for “capital gains”+ Section 50Cclear

Sorted by relevance

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Key Topics

Section 50C9Long Term Capital Gains5Addition to Income4Capital Gains3Section 1482Section 234A2Natural Justice2

LALIT KUMAR JALAN,JALAN PHARMACEUTICALS vs. ITO WARD-1(1), CUTTACK

In the result, appeal of the assessee is allowed with the directions

ITA 335/CTK/2024[2018-19]Status: HeardITAT Cuttack17 Oct 2024AY 2018-19
Section 142(1)Section 50C

capital gains. As per sub-section (3) to section 50C, the assessee is liable to pay capital gains tax when

UDAYKUMAR VYAS,NAGPUR vs. ITO WARD 1 (5), BSNL RTTC BUILDING

In the result, appeal of the assessee is allowed

ITA 262/NAG/2025[2013-14]Status: DisposedITAT Cuttack21 Apr 2026AY 2013-14

Bench: Shri Pawan Singh & Shri Khettra Mohan Royudaykumar Vyas, Ito, Ward – 1(5) Flat No. 402, Lepresting Vs Nagpur Apartment, Plot No. 105- 106, Ramdaspeth, Nagpur. Pan : Aarpv 4578 K Assessee Respondent

For Appellant: Shri Sameer Wazalwar, CAFor Respondent: Shri Pankaj Kumar, CIT DR
Section 139Section 143(2)Section 143(3)Section 148Section 250Section 50C

capital gains by invoking section 50C, which amounts to double taxation. Section 14 of the Act clearly demonstrates heads of income

BIKASH AGARWALLA,BHUBANESWAR vs. ITO, WARD-2(3), BHUBANESWAR

In the result, appeal filed by the assessee is dismissed

ITA 349/CTK/2017[2014-15]Status: DisposedITAT Cuttack16 Apr 2018AY 2014-15

Bench: S/Shri N.S Saini & Pavan Kumar Gadaleassessment Year : 2014-2015

For Appellant: Shri Niranjan Mishra, ARFor Respondent: Shri A. Tigga, DR
Section 234ASection 234BSection 234DSection 50C

section 50C of the Act took the full value of consideration received on sale of house property as Rs.68,07,250/- and computed the long-term capital gain

SRI NIHAR RANJAN BEHERA,BHUBANESWAR vs. ITO, WARD-2(2), BHUBANESWAR

In the result, appeal of the assessee is partly allowed

ITA 351/CTK/2017[2009-10]Status: DisposedITAT Cuttack17 May 2018AY 2009-10

Bench: S/Shri N.S Saini & Pavan Kumar Gadaleassessment Year : 2009-2010

For Appellant: Shri S.K.Jena, ARFor Respondent: Shri D.K.Pradhan, DR
Section 147Section 50C(1)

capital gains”. 6. Before the CIT(A), the assessee made written submissions, which are quoted in para 4 of the order of the CIT(A). 7. The contention of ld A.R. by way of this appeal is that the documents and evidences which were produced before the CIT(A) and the arguments of the assessee were not considered

SUNGREEN VALLEYS PVT. LTD,ROURKELA vs. ACIT CIRCLE, ROURKELA, ROURKELA

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

ITA 208/CTK/2023[2016-17]Status: DisposedITAT Cuttack13 Oct 2023AY 2016-17

Bench: Before S/Shri George Mathan, Judicial & Rajesh Kumarassessment Year : 2016-17 Sungreen Valleys Pvt Ltd., Sungreen Valleys Pvt Ltd., Vs. Acit, Circle, Rour Acit, Circle, Rourkela T-19, 19, Civil Civil Township, Township, Rourkela. Pan/Gir No. Pan/Gir No.Aaics 6153 M (Appellant (Appellant) .. ( Respondent Respondent) Assessee By : None Revenue By : Shri Charan Dass, Sr : Shri Charan Dass, Sr Dr Date Of Hearing : 13/10 10/2023 Date Of Pronouncement : 13/10 /10/2023 O R D E R Per Bench

For Appellant: NoneFor Respondent: Shri Charan Dass, Sr
Section 50C

section 50C. In the grounds of appeal, the assessee has agitated that the Assessing Officer without considering the factual information and submission enhanced the long term capital gain