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2 results for “capital gains”+ Addition to Incomeclear

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Key Topics

Section 153A3

PR. COMMISSIONER OF INCOME TAX vs. M/S BRAHMAPUTRA CRACKER AND POLYMER LIMITED....b

ITA/16/2022HC Gauhati11 Apr 2023

Bench: HONOURABLE THE CHIEF JUSTICE,HONOURABLE MR. JUSTICE SOUMITRA SAIKIA

Section 260A

Additional Ground raised by the assesse for the Asst. Year 2009-10 is allowed.” 17. Identical controversy was considered and discussed threadbare by the Hon’ble Supreme Court in the case of Commissioner of Income Tax, Bihar II, Patna Vs. Bokaro Steel Ltd., Bokaro, reported in (1999) 1 SCC 645 wherein the Hon’ble Supreme Court also considered the judgment

THE PRINCIPAL COMMISSIONER OF INCOME TAX AND ANR. vs. ROHIT KARAN JAIN

ITA/5/2023HC Gauhati12 Mar 2025

Bench: HONOURABLE THE CHIEF JUSTICE,HONOURABLE MR. JUSTICE KAUSHIK GOSWAMI

Section 131Section 132
Section 132(4)
Section 139(1)
Section 153A

addition could be made merely by placing reliance on the statement recorded during search and also without reference to any incriminating document or material. xxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxx For the above assessment year, I note that the Appellant had filed a return of income under Section 31/07/2014 wherein the Appellant had duly disclosed the impugned capital gain