COMMISSIONER OF INCOME TAX vs. ECE INDUSTRIES LTD.

Bench: HON'BLE MR. JUSTICE A.K.SIKRI,HON'BLE MR. JUSTICE SURESH KUMAR KAIT

68 (P & H)] (4) Commissioner of Income Tax Vs. Narkeshwari Prakashan Ltd. [196 ITR 438 (Bom.)] 14. We have given our due consideration to the aforesaid submissions made by counsel for the parties on either side. Before we embark on the discussion on the issue that qua for consideration and deal with our comments, we deed it proper to take

Commissioner of Income Tax vs. ECE Industries Limited

68 (P & H)] (4) Commissioner of Income Tax Vs. Narkeshwari Prakashan Ltd. [196 ITR 438 (Bom.)] 14. We have given our due consideration to the aforesaid submissions made by counsel for the parties on either side. Before we embark on the discussion on the issue that qua for consideration and deal with our comments, we deed it proper to take

COMMISSIONER OF INCOME TAX DEL vs. M/S MANSAROVAR INVESTMENTS LTD

Appeals are allowed

Bench: HON'BLE MR. JUSTICE MANMOHAN,HON'BLE MR. JUSTICE SANJEEV NARULA

54E, 54EA, 54EB, 54F, 54G and 54H, be chargeable to income-tax under the head "Capital gains", and shall be deemed to be the income of the previous year in which the transfer took place. XXXXX” [Emphasis Supplied] 17. The aforesaid Section is under the head of ‘capital gains’. Any profit or gain arising from “transfer” of a “capital

COMMISSIONER OF INCOME TAX DEL vs. M/S MANSAROVAR INVESTMENTS LTD

Appeals are allowed

54E, 54EA, 54EB, 54F, 54G and 54H, be chargeable to income-tax under the head "Capital gains", and shall be deemed to be the income of the previous year in which the transfer took place. XXXXX” [Emphasis Supplied] 17. The aforesaid Section is under the head of ‘capital gains’. Any profit or gain arising from “transfer” of a “capital

THE COMMISSIONER OF INCOME TAX vs. M/S NALWA INVESTMENT LTD.

Appeals are allowed

Bench: HON'BLE MR. JUSTICE MANMOHAN,HON'BLE MR. JUSTICE SANJEEV NARULA

54E, 54EA, 54EB, 54F, 54G and 54H, be chargeable to income-tax under the head "Capital gains", and shall be deemed to be the income of the previous year in which the transfer took place. XXXXX” [Emphasis Supplied] 17. The aforesaid Section is under the head of ‘capital gains’. Any profit or gain arising from “transfer” of a “capital

COMMISSIONER OF INCOME TAX DEL vs. M/S M/S JINDAL EQUIPMENT LEASI

Appeals are allowed

54E, 54EA, 54EB, 54F, 54G and 54H, be chargeable to income-tax under the head "Capital gains", and shall be deemed to be the income of the previous year in which the transfer took place. XXXXX” [Emphasis Supplied] 17. The aforesaid Section is under the head of ‘capital gains’. Any profit or gain arising from “transfer” of a “capital

COMMISSIONER OF INCOME TAX DEL vs. M/S ABHUINANDAN INVESTMENTS LT

Appeals are allowed

54E, 54EA, 54EB, 54F, 54G and 54H, be chargeable to income-tax under the head "Capital gains", and shall be deemed to be the income of the previous year in which the transfer took place. XXXXX” [Emphasis Supplied] 17. The aforesaid Section is under the head of ‘capital gains’. Any profit or gain arising from “transfer” of a “capital

ANGEELA VASANDANI,NEW DELHI vs. DCIT, INTERNATIONAL TAXATION, CIRCLE-3(1)(1), NEW DELHI

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

Bench: Shri Bhavnesh Saini & Shri R.K. Pandaassessment Year: 2010-11 Angeela Vasandani, Vs Dcit, 93, Pocket-Ii, Jasola, International Taxation, New Delhi. Circle-3(1)(1), New Delhi. Pan: Ahtpv3859Q

section 55A(a) of the Act cannot be applied and no reference is possible to be made to the DVO for determining the market value of the 5 property at a figure less than that shown by the assessee. Accordingly, the Assessing Officer had no authority to make any such reference to the DVO to determine the value