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11 results for “capital gains”+ Section 801Cclear

Sorted by relevance

Mumbai21Delhi11Chandigarh10Rajkot8Chennai5Hyderabad4Jaipur1Kolkata1Pune1

Key Topics

Section 80I25Section 115J12Deduction11Disallowance11Addition to Income11Section 92C8Section 143(1)7Section 143(2)7Section 143(3)7Section 80G

SUBHASH CHANDER SEHGAL,NEW DELHI vs. DCIT, CIRCLE- 19 (1) & (2), NEW DELHI

In the result, appeal of the assessee is partly allowed

ITA 7426/DEL/2017[2013-14]Status: DisposedITAT Delhi24 Jan 2024AY 2013-14

Bench: Shri G.S. Pannu, Hon’Ble & Shri Challa Nagendra Prasadआ.अ.सं/.I.T.A No.3814/Del/2015 िनधा"रणवष"/Assessment Year:2010-11 बनाम Dcit Subhash Chander Sehgal, Circle 19(1) Vs. Block A-3, Lsc, Janakpuri, New Delhi. Delhi. Pan No.Aatps8259C अपीलाथ" Appellant ""यथ"/Respondent

Section 80ISection 8Q

gains are derived from manufacture or production of gnu article or thing and other conditions specified therein are fulfilled. 4.1.5 Under the new provision of sec 801C, there is no restriction regarding number of workers to be engaged in the industrial I.T.A.Nos.3814/Del/2015, 5420 & 7426/Del/2017 undertaking. Therefore, disallowance of deduction u/s 80IC by the AO on the ground that required

DCIT, NEW DELHI vs. SH. SUBHASH CHANDER SEHGAL, DELHI

In the result, appeal of the assessee is partly allowed

4
Section 92E4
Transfer Pricing4
ITA 3814/DEL/2015[2010-11]Status: Disposed
ITAT Delhi
24 Jan 2024
AY 2010-11

Bench: Shri G.S. Pannu, Hon’Ble & Shri Challa Nagendra Prasadआ.अ.सं/.I.T.A No.3814/Del/2015 िनधा"रणवष"/Assessment Year:2010-11 बनाम Dcit Subhash Chander Sehgal, Circle 19(1) Vs. Block A-3, Lsc, Janakpuri, New Delhi. Delhi. Pan No.Aatps8259C अपीलाथ" Appellant ""यथ"/Respondent

Section 80ISection 8Q

gains are derived from manufacture or production of gnu article or thing and other conditions specified therein are fulfilled. 4.1.5 Under the new provision of sec 801C, there is no restriction regarding number of workers to be engaged in the industrial I.T.A.Nos.3814/Del/2015, 5420 & 7426/Del/2017 undertaking. Therefore, disallowance of deduction u/s 80IC by the AO on the ground that required

SUBHASH CHANDER SEHGAL,NEW DELHI vs. DCIT, CIRCLE- 19(1) & 19(2), NEW DELHI

In the result, appeal of the assessee is partly allowed

ITA 5420/DEL/2017[2012-13]Status: DisposedITAT Delhi24 Jan 2024AY 2012-13

Bench: Shri G.S. Pannu, Hon’Ble & Shri Challa Nagendra Prasadआ.अ.सं/.I.T.A No.3814/Del/2015 िनधा"रणवष"/Assessment Year:2010-11 बनाम Dcit Subhash Chander Sehgal, Circle 19(1) Vs. Block A-3, Lsc, Janakpuri, New Delhi. Delhi. Pan No.Aatps8259C अपीलाथ" Appellant ""यथ"/Respondent

Section 80ISection 8Q

gains are derived from manufacture or production of gnu article or thing and other conditions specified therein are fulfilled. 4.1.5 Under the new provision of sec 801C, there is no restriction regarding number of workers to be engaged in the industrial I.T.A.Nos.3814/Del/2015, 5420 & 7426/Del/2017 undertaking. Therefore, disallowance of deduction u/s 80IC by the AO on the ground that required

DCIT, NEW DELHI vs. M/S. DABUR INDIA LTD., NEW DELHI

In the result, the appeals filed by the Revenue are partly allowed and the appeals filed by the assessee are partly allowed for statistical purposes

ITA 3114/DEL/2014[2007-08]Status: DisposedITAT Delhi18 Feb 2021AY 2007-08

Bench: Shri R.K. Panda & Ms Suchitra Kamble

For Appellant: Shri Ajay Vohra, Sr. AdvocateFor Respondent: Shri Anupam Kant Garg, CIT-DR
Section 115JSection 143(1)Section 143(2)Section 143(3)Section 80GSection 80ISection 92CSection 92E

801C as per Audit Reports in Form No. 10CCB filed along with the details of profit and loss accounts in respect of units eligible for deductions u/s 80IB and 80IC of the I.T. Act, 1961. The adjusted book profit of Rs. 280 57,67,940/- and tax payable thereon Rs. 31,48,07,162/- has been computed u/s 115JB

M/S. DABUR INDIA LTD.,NEW DELHI vs. ADDL.CIT, NEW DELHI

In the result, the appeals filed by the Revenue are partly allowed and the appeals filed by the assessee are partly allowed for statistical purposes

ITA 6525/DEL/2014[2008-09]Status: DisposedITAT Delhi18 Feb 2021AY 2008-09

Bench: Shri R.K. Panda & Ms Suchitra Kamble

For Appellant: Shri Ajay Vohra, Sr. AdvocateFor Respondent: Shri Anupam Kant Garg, CIT-DR
Section 115JSection 143(1)Section 143(2)Section 143(3)Section 80GSection 80ISection 92CSection 92E

801C as per Audit Reports in Form No. 10CCB filed along with the details of profit and loss accounts in respect of units eligible for deductions u/s 80IB and 80IC of the I.T. Act, 1961. The adjusted book profit of Rs. 280 57,67,940/- and tax payable thereon Rs. 31,48,07,162/- has been computed u/s 115JB

DCIT, NEW DELHI vs. M/S. DABUR INDIA LTD., NEW DELHI

In the result, the appeals filed by the Revenue are partly allowed and the appeals filed by the assessee are partly allowed for statistical purposes

ITA 6256/DEL/2014[2008-09]Status: DisposedITAT Delhi18 Feb 2021AY 2008-09

Bench: Shri R.K. Panda & Ms Suchitra Kamble

For Appellant: Shri Ajay Vohra, Sr. AdvocateFor Respondent: Shri Anupam Kant Garg, CIT-DR
Section 115JSection 143(1)Section 143(2)Section 143(3)Section 80GSection 80ISection 92CSection 92E

801C as per Audit Reports in Form No. 10CCB filed along with the details of profit and loss accounts in respect of units eligible for deductions u/s 80IB and 80IC of the I.T. Act, 1961. The adjusted book profit of Rs. 280 57,67,940/- and tax payable thereon Rs. 31,48,07,162/- has been computed u/s 115JB

M/S. DABUR INDIA LTD.,NEW DELHI vs. ADDL.CIT, NEW DELHI

In the result, the appeals filed by the Revenue are partly allowed and the appeals filed by the assessee are partly allowed for statistical purposes

ITA 3241/DEL/2014[2007-08]Status: DisposedITAT Delhi18 Feb 2021AY 2007-08

Bench: Shri R.K. Panda & Ms Suchitra Kamble

For Appellant: Shri Ajay Vohra, Sr. AdvocateFor Respondent: Shri Anupam Kant Garg, CIT-DR
Section 115JSection 143(1)Section 143(2)Section 143(3)Section 80GSection 80ISection 92CSection 92E

801C as per Audit Reports in Form No. 10CCB filed along with the details of profit and loss accounts in respect of units eligible for deductions u/s 80IB and 80IC of the I.T. Act, 1961. The adjusted book profit of Rs. 280 57,67,940/- and tax payable thereon Rs. 31,48,07,162/- has been computed u/s 115JB

JCIT SPL. RANGE-12, NEW DELHI vs. ARIHANTA INDUSTRIES, DELHI

In the result, both the appeals of the Revenue are allowed

ITA 963/DEL/2019[2015-16]Status: DisposedITAT Delhi17 Jul 2023AY 2015-16

Bench: Sh. Saktijit Deydr. B. R. R. Kumar

For Appellant: Sh. Sachit Jolly, AdvFor Respondent: Sh. P. Praveen Sidharth, CIT DR
Section 131Section 68Section 801CSection 80I

801C for profits derived from manufacturing activity were found to be entirely bogus. 6. The Ld. CIT(A) erred in law by not considering the facts that the during the assessment proceedings, the AO issued summons u/s 131 of the Act to sales parties in order to get confirmations and to substantiate the genuineness of the transactions but all remain

DCIT, NEW DELHI vs. SH. SUBHASH CHANDRA SEHGAL, NEW DELHI

In the result, the appeal of the Revenue is dismissed for AY 2009-10

ITA 3205/DEL/2014[2009-10]Status: DisposedITAT Delhi06 Apr 2023AY 2009-10

Bench: Shri G.S. Pannu, Hon’Ble & Ms. Astha Chandraasstt. Year: 2004-05 Asstt. Year: 2006-07 Asstt. Year: 2009-10

For Appellant: Dr. Rakesh Gupta, AdvocateFor Respondent: Shri Umesh Takyar, Sr. DR
Section 143(1)Section 143(2)Section 143(3)Section 2(22)(e)Section 40A(2)(a)Section 80I

capital loans from Banks and utilized the same for assessee’s sister concern on which any interest paid is not allowable as business expenditure.” 12.1 Ground no. 1 to 4 relate to deduction of Rs. 2,08,53,170/- claimed by the assessee under section 80IB/80IC of the Act which was disallowed by the Ld. AO. But on appeal

ACIT, NEW DELHI vs. SH. SUBHASH CHANDER SEHGAL, NEW DELHI

In the result, the appeal of the Revenue is dismissed for AY 2009-10

ITA 325/DEL/2012[2004-05]Status: DisposedITAT Delhi06 Apr 2023AY 2004-05

Bench: Shri G.S. Pannu, Hon’Ble & Ms. Astha Chandraasstt. Year: 2004-05 Asstt. Year: 2006-07 Asstt. Year: 2009-10

For Appellant: Dr. Rakesh Gupta, AdvocateFor Respondent: Shri Umesh Takyar, Sr. DR
Section 143(1)Section 143(2)Section 143(3)Section 2(22)(e)Section 40A(2)(a)Section 80I

capital loans from Banks and utilized the same for assessee’s sister concern on which any interest paid is not allowable as business expenditure.” 12.1 Ground no. 1 to 4 relate to deduction of Rs. 2,08,53,170/- claimed by the assessee under section 80IB/80IC of the Act which was disallowed by the Ld. AO. But on appeal

DCIT, NEW DELHI vs. SHRI SUBASH CHANDER SEHGAL, NEW DELHI

In the result, the appeal of the Revenue is dismissed for AY 2009-10

ITA 3054/DEL/2010[2006-07]Status: DisposedITAT Delhi06 Apr 2023AY 2006-07

Bench: Shri G.S. Pannu, Hon’Ble & Ms. Astha Chandraasstt. Year: 2004-05 Asstt. Year: 2006-07 Asstt. Year: 2009-10

For Appellant: Dr. Rakesh Gupta, AdvocateFor Respondent: Shri Umesh Takyar, Sr. DR
Section 143(1)Section 143(2)Section 143(3)Section 2(22)(e)Section 40A(2)(a)Section 80I

capital loans from Banks and utilized the same for assessee’s sister concern on which any interest paid is not allowable as business expenditure.” 12.1 Ground no. 1 to 4 relate to deduction of Rs. 2,08,53,170/- claimed by the assessee under section 80IB/80IC of the Act which was disallowed by the Ld. AO. But on appeal