SANGITA KSHETRY,NOIDA vs. ACIT,CIRCLE INT.TAX. 2(1)(2), NEW DELHI

In the result, the appeal of the assesses in ITA 1876/Del/2023, ITA

Bench: Sh. C.N. Prasad & Sh. Naveen Chandraassessment Year: 2016-17

reassessment is merely based on 'Change of Opinion', stated that the issue of sale of shares and capital gains arising

HERSH VARDHAN KSHETRY,NOIDA vs. ACIT, CIRCLE INT. TAX. 2(1)(2), NEW DELHI

In the result, the appeal of the assesses in ITA 1876/Del/2023, ITA

Bench: Sh. C.N. Prasad & Sh. Naveen Chandraassessment Year: 2016-17

reassessment is merely based on 'Change of Opinion', stated that the issue of sale of shares and capital gains arising

NINA KSHETRY,NOIDA vs. ACIT, CIRCLE INT.TAX. 2(1)(2), NEW DELHI

In the result, the appeal of the assesses in ITA 1876/Del/2023, ITA

Bench: Sh. C.N. Prasad & Sh. Naveen Chandraassessment Year: 2016-17

reassessment is merely based on 'Change of Opinion', stated that the issue of sale of shares and capital gains arising

DABUR INVEST CORP,NEW DELHI vs. JCIT, RANGE-46, NEW DELHI

In the result, appeals of the Revenue are dismissed and appeal

Bench: Shri Challa Nagendra Prasad & Shri Avdhesh Kumar Mishraिनधा"रणवष"/Assessment Year: 2017-18 बनाम Acit, Dabur Invest Corp., 4Th Floor, Punjab Bhawan, Circle-46(1), Room No.106, Vs. Drum Shape Building, I.P. Estate, New Delhi. New Delhi. Pan No.Aadfd2529D अपीलाथ" Appellant ""यथ"/Respondent िनधा"रणवष"/Assessment Year: 2018-19 बनाम Acit, Dabur Invest Corp., 4Th Floor, Punjab Bhawan, Circle-46(1), Room No.106, Vs. Drum Shape Building, I.P. Estate, New Delhi. New Delhi. Pan No.Aadfd2529D अपीलाथ" Appellant ""यथ"/Respondent िनधा"रणवष"/Assessment Year: 2017-18 बनाम Dabur Invest Corp., Jcit, 4Th Floor, Punjab Bhawan, Vs. Range-46, New Delhi. New Delhi. Pan No.Aadfd2529D अपीलाथ" Appellant ""यथ"/Respondent िनधा"रणवष"/Assessment Year: 2018-19 बनाम Dabur Invest Corp., Jcit, 4Th Floor, Punjab Bhawan, Vs. Range-46, New Delhi. New Delhi. Pan No.Aadfd2529D अपीलाथ" Appellant ""यथ"/Respondent

gain on sale of such shares, i.e. 23% shareholding in Assessment Year 2017-18 and sale consideration was disclosed at Rs. 1464.29 crore (Rs.940 crore received through foreign remittances plus Rs. 524.29 crore being the amount appropriated and retained out of option money). 5. Investment in acquisition of the shares of joint venture company was 'made by the assessee from

ACIT, CIRCLE-46(1), NEW DELHI vs. DABUR INVEST CORP., DELHI

In the result, appeals of the Revenue are dismissed and appeal

Bench: Shri Challa Nagendra Prasad & Shri Avdhesh Kumar Mishraिनधा"रणवष"/Assessment Year: 2017-18 बनाम Acit, Dabur Invest Corp., 4Th Floor, Punjab Bhawan, Circle-46(1), Room No.106, Vs. Drum Shape Building, I.P. Estate, New Delhi. New Delhi. Pan No.Aadfd2529D अपीलाथ" Appellant ""यथ"/Respondent िनधा"रणवष"/Assessment Year: 2018-19 बनाम Acit, Dabur Invest Corp., 4Th Floor, Punjab Bhawan, Circle-46(1), Room No.106, Vs. Drum Shape Building, I.P. Estate, New Delhi. New Delhi. Pan No.Aadfd2529D अपीलाथ" Appellant ""यथ"/Respondent िनधा"रणवष"/Assessment Year: 2017-18 बनाम Dabur Invest Corp., Jcit, 4Th Floor, Punjab Bhawan, Vs. Range-46, New Delhi. New Delhi. Pan No.Aadfd2529D अपीलाथ" Appellant ""यथ"/Respondent िनधा"रणवष"/Assessment Year: 2018-19 बनाम Dabur Invest Corp., Jcit, 4Th Floor, Punjab Bhawan, Vs. Range-46, New Delhi. New Delhi. Pan No.Aadfd2529D अपीलाथ" Appellant ""यथ"/Respondent

gain on sale of such shares, i.e. 23% shareholding in Assessment Year 2017-18 and sale consideration was disclosed at Rs. 1464.29 crore (Rs.940 crore received through foreign remittances plus Rs. 524.29 crore being the amount appropriated and retained out of option money). 5. Investment in acquisition of the shares of joint venture company was 'made by the assessee from

ACIT, CIRCLE-46(1), NEW DELHI vs. DABUR INVEST CORP , DELHI

In the result, appeals of the Revenue are dismissed and appeal\nof the assessee for the AY 2017-18 is partly allowed as indicated\nabove and appeal of the assessee for the AY 2018-19 is dismissed

gain\non sale of such shares, i.e. 23% shareholding in Assessment\nYear 2017-18 and sale consideration was disclosed at Rs.\n1464.29 crore (Rs.940 crore received through foreign\nremittances plus Rs.524.29 crore being the amount\nappropriated and retained out of option money).\n\n5. Investment in acquisition of the shares of joint\nventure company was 'made by the assessee from

DABUR INVEST CORP,NEW DELHI vs. JCIT, RANGE-46, NEW DELHI

In the result, appeals of the Revenue are dismissed and appeal\nof the assessee for the AY 2017-18 is partly allowed as indicated\nabove and appeal of the assessee for the AY 2018-19 is dismissed

gain\non sale of such shares, i.e. 23% shareholding in Assessment\nYear 2017-18 and sale consideration was disclosed at Rs.\n1464.29 crore (Rs.940 crore received through foreign\nremittances plus Rs.524.29 crore being the amount\nappropriated and retained out of option money).\n\n5. Investment in acquisition of the shares of joint\nventure company was 'made by the assessee from

ASHOK KUMAR BANSAL,GURGAON vs. PR, CIT CENTRAL, DELHI-1, DELHI

Bench: Ms. Madhumita Roy & Shri Naveen Chandra

reassessment proceeding under Section 153C of the Act, as the assessee computed his taxable capital gains considered his actual cost

ASHOK KUMAR BANSAL,GURGAON vs. PR, CIT CENTRAL DELHI-1, DELHI

Bench: Ms. Madhumita Roy & Shri Naveen Chandra

reassessment proceeding under Section 153C of the Act, as the assessee computed his taxable capital gains considered his actual cost

ASHOK KUMAR BANSAL,GURGAON vs. PR, CIT CENTRAL DELHI-1, DELHI

Bench: Ms. Madhumita Roy & Shri Naveen Chandra

reassessment proceeding under Section 153C of the Act, as the assessee computed his taxable capital gains considered his actual cost

MUKUL ROHATGI,NEW DELHI vs. ACIT CIRCLE 61(1), NEW DELHI

In the result, the appeal of the assessee is allowed

Bench: Shri Mahavir Singh & Shri Manish Agarwal

capital gain was offered to tax in assessment year 2019-20, which is verified from the computation of income filed along with return of income for the assessment year 2019-20. Hence, there is no question of declaration of ALV in the relevant assessment year. 10. Coming to the next Apartment No.20, Hirst Court, London, the ALV of the same

BRAHAM PRAKASH,GURGAON vs. ITO WARD - 1(3), GURGAON

In the result, appeal of the assessee is dismissed

Bench: Shri Kul Bharat[Assessment Year: 2011-12

reassessment 2 Braham Prakash Vs. ITO proceedings are liable to be quashed. 3. That the assessment order is void and invalid in law as there cloud be no reason of escapement of income merely on basis of cash deposits as held by Bir Bahadur Singh Sijwali v. ITO, (ITAT- Delhi) ITA NO. 3814 (DELHI) OF 2011. 4. Whether

RISHI GOYAL,NEW DELHI vs. DCIT, NEW DELHI

In the result, the appeal filed by the assessee is partly allowed

Bench: SHRI S.RIFAUR RAHMAN (Accountant Member), SHRI SUDHIR PAREEK (Judicial Member)

Capital Gain from Assessment Year 2009-10. The Assessing Officer has denied the claim of carry forward of loss from earlier Assessment Year by reassessing

HERO MOTOCORP LTD (AS SUCCESSOR OF HERO INVESTMENT P.LTD),NEW DELHI vs. DCIT, CIRCLE 11(1), NEW DELHI

The appeal is allowed

Bench: Shri G.S. Pannu & Shri Anubhav Sharmaassessment Year: 2011-12

capital gains as per the proviso to section 112(1) of the Act.” 26.8 We are of considered view that the instances of disclosures to various government and statutory authorities and tax authorities cited before us sufficiently establish that the assessee was not acting in any surreptitious manner in regard to the share purchase transaction. Rather, as it appears

H B EXPORTS,NEW DELHI vs. PR.CIT, DELHI

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

Bench: Shri N.K. Billaiya & Shri Kul Bharat

capital gains. Reassessment was completed vide order dated 18.11.2018 wherein the capital gain was recomputed and addition of Rs. 2,11,76,360/- was made

R.C. NIRULA & SONS HUF,NEW DELHI vs. ACIT, NEW DELHI

In the result, the appeal of the assessee is allowed

Bench: Shri Saktijit Dey, Hon’Ble & Shri M. Balaganeshr.C. Nirula & Sons Huf, Vs. Asst. Commissioner A-2, Anand Niketan, Of Income Tax, New Delhi Circle-52(1), New Delhi (Appellant) (Respondent) Pan: Aaahr6050F Assessee By : Shri Gaurav Jain, Adv Shri Praveen Kumar, Ca Revenue By: Shri Manish Kumar Davas, Sr. Dr Date Of Hearing 10/06/2024 Date Of Pronouncement 12/06/2024

Capital Gains (STCG) in AY 2008-09 on substantive basis. 9. Based on the said findings in AY 2009-10 assessment, Ld. AO computed LTCG in AY 2009-10 at Rs.56,55,405/- on protective basis and issued notice u/s 148 of the Act in AY 2008-09. In the reassessment

SONEA DHIR,DELHI vs. ACIT CIRCLE-32 (1), NEW DELHI

In the result, appeal of the assessee is allowed

reassessment\norder went on discussing the issues of capital gains declared on the\nother properties viz application of provisions of section

ITO WARD-32(2), NEW DELHI vs. SUKHBIR SINGH DAGAR, NEW DELHI

In the result, the appeal of revenue is allowed

Bench: Shri C.M. Garg & Shri Pradip Kumar Kediaito, Vs. Sukhbir Singh Dagar, Ward-32(2), K-259, High Gate Mansion, New Delhi Maidan Garhi Road, Chattarpur Enclave, Phase-2, New Dlehi (Appellant) (Respondent) Pan: Acipd3262H Assessee By : Sh. M. S. Dagar, Adv Revenue By: Ms. Raja Rajeshwari R, Jcit Date Of Hearing 09/07/2023 Date Of Pronouncement 10/08/2023

gain arising out transfer of land which is a capital asset as per section 2(14) of the Income Tax Act, 1961 (for short the Act) has escaped assessment therefore, reassessment

DCIT, CENTRAL CIRCLE-28, NEW DELHI vs. MANISH UPPAL, DELHI

In the result, assessee’s appeal in ITA No

Bench: Ms. Madhumita Roy & Shri Naveen Chandraassessment Year: 2013-14

reassessment order u/s 147/153A of the Act and makes addition of Rs. 7, 13, 63, 040/- under section 68 of the Act on account of alleged unexplained long term capital gain