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3 results for “capital gains”+ Section 64clear

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Key Topics

Section 44A5Section 282Section 69A2Natural Justice2

SHRI VARDHAN GHILDIYAL,DEHRADUN vs. THE INCOME TAX OFFICER, WARD-1(2)(5), DEHRADUN

The appeal of the assessee stands allowed

ITA 18/DDN/2021[2017-2018]Status: DisposedITAT Dehradun31 Mar 2022AY 2017-2018

Bench: Sh. R.K.Panda & Sh. Anubhav Sharmash. Vardhan Ghildiyal Vs. Ito, Ca Mayank Kumar Aggarwal Ward 1(2) (5) 286A 1St Floor, Garhi Cantt. Dehradun Dakra Road, Dehradun- 248001 Pan – (Appellant) (Respondent)

Section 142(1)Section 144Section 250Section 69A

64,552/- was taxable on account of salary, Rs. 55,433/- were added to the income of assessee under capital gain, Rs. 5,990/- under income from other sources, Rs. 3,50,000/- as agricultural income, Rs. 13,380/- as dividend income and Long Term Capital Gain for equity shares. Apart from that Ld. AO noticed that during demonetization period

RAJESH MITTAL,DEHRADUN vs. ITO, WARD-1(2)(2), DEHRADUN

In the result, the appeal of the assessee is allowed for statistical purpose

ITA 6/DDN/2019[2015-16]Status: DisposedITAT Dehradun29 Apr 2022AY 2015-16

Bench: Dr. B. R. R. Kumarsh. Yogesh Kumar Usita No. 06/Ddn/2019 : Asstt. Year: 2015-16 Rajesh Mittal, Vs Income Tax Officer, C/O Mr. Sandeep Sapra, Adv., Ward-1(2)(2), C-763, New Friends Colony, Dehradun New Delhi-110025 (Appellant) (Respondent) Pan No. Abnpm2585Q Assessee By : Sh. Sandeep Sapra, Adv. Revenue By : Smt. Poonam Sharma, Sr. Dr Date Of Hearing: 27.04.2022 Date Of Pronouncement: 29.04.2022 Order Per Dr. B. R. R. Kumar: The Present Appeal Has Been Filed By The Assessee Against The Order Of Ld. Cit(A), Dehradun Dated 06.03.2019. 2. Following Grounds Have Been Raised By The Assessee:

For Appellant: Sh. Sandeep Sapra, AdvFor Respondent: Smt. Poonam Sharma, Sr. DR
Section 44A

64,511 and then computing net profit @8% amounting to Rs.20,53,160 on such turnover under section 44AD of I.T. Act as against short term capital gain

PURAN SINGH NEGI,HALDWANI vs. THE ASSIST COMMISSIONER OF INCOME TAX , NANITAL

In the result, the appeal of the assessee is allowed for statistical purpose

ITA 33/DDN/2020[2016-17]Status: DisposedITAT Dehradun04 Jan 2023AY 2016-17

Bench: Dr. B. R. R. Kumar & Shri Yogesh Kumar U.S.I.T.A. No. 33/Ddn/2020 (A.Y 2016-17)

Section 2Section 28Section 56

gains of business or profession". Further, section 56 of the Income-tax Act has also been amended to provide that any compensation received or receivable by any person, whether in the nature of revenue or capital, in connection with the 4 Puran Singh Negi termination or the modification of the terms and conditions of any contract relating to his employment