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2 results for “capital gains”+ Natural Justiceclear

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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

JUSTICE SOUMITRA SAIKIA J UDGMENT & O RDER [Sandeep Mehta, CJ] These three appeals, namely, ITA No.15/2022, ITA No.13/2022 and ITA No.16/2022, filed under Section 260A of the Income Tax Act, 1961 preferred by the Revenue/Income Tax Department, involve identical question of facts and law and hence, the same are being heard together and decided by this common judgment and order

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

natural justice, summon u/s 131 of the Act dtd. 17/12/2018 was issued to Shri Karan Rohit Jain to explain the transactions along with supporting documents. In reply, Shri Rohit Jain, Chairman of the CMJ Group appeared on behalf Shri Karan Jain and his statement was recorded on oath u/s 131 of the Act on 21/12/2018 relevant part of the same