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111 results for “capital gains”+ Section 4clear

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Key Topics

Section 143(3)66Section 80I64Addition to Income60Section 153A50Section 14841Section 6835Section 14735Deduction35Disallowance30Section 263

INDER CHAND SAND,SILCHAR vs. INCOME TAX OFFICER, WARD-2, SILCHAR

In the result, both the appeals filed by the assessees in ITA

ITA 49/GTY/2020[2015-16]Status: DisposedITAT Guwahati23 Dec 2022AY 2015-16

Bench: Sri Rajpal Yadav(Kz) & Dr. Manish Borad

Section 143(3)Section 250Section 68

section 10(38) of the Act in respect of long-term capital gain arising sale of equity shares from the listed companies, which were found to be the penny stock companies by both the lower authorities and the long-term capital gain so claimed found to be bogus in nature. We find that recently this Tribunal has adjudicated the similar

SAROJ DEVI SAND,SILCHAR vs. INCOEM TAX OFFICER, WARD-3, SILCHAR

In the result, both the appeals filed by the assessees in ITA

ITA 51/GTY/2020[2015-16]Status: Disposed

Showing 1–20 of 111 · Page 1 of 6

27
Section 25027
Reopening of Assessment17
ITAT Guwahati
23 Dec 2022
AY 2015-16

Bench: Sri Rajpal Yadav(Kz) & Dr. Manish Borad

Section 143(3)Section 250Section 68

section 10(38) of the Act in respect of long-term capital gain arising sale of equity shares from the listed companies, which were found to be the penny stock companies by both the lower authorities and the long-term capital gain so claimed found to be bogus in nature. We find that recently this Tribunal has adjudicated the similar

D.C.I.T., CIRCLE-1, DIBRUGARH vs. BACHH RAJ BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 53/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 132(4) of the Income Tax Act. The questions and tabulated details confronted to Shri Pramod Kumar Bamalwa has been reproduced by the ld. 1st Appellate Authority on page no. 129 of the impugned order. In this table, ld. 1st Appellate Authority has observed that aggregate long-term capital gain

DCIT, CIRCLE-1, DIBRUGARH vs. BAJRANG LAL BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 52/GTY/2023[2013-14]Status: DisposedITAT Guwahati01 Sept 2023AY 2013-14

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 132(4) of the Income Tax Act. The questions and tabulated details confronted to Shri Pramod Kumar Bamalwa has been reproduced by the ld. 1st Appellate Authority on page no. 129 of the impugned order. In this table, ld. 1st Appellate Authority has observed that aggregate long-term capital gain

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. BHAGWATI DEVII BAMALWA , DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 59/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 132(4) of the Income Tax Act. The questions and tabulated details confronted to Shri Pramod Kumar Bamalwa has been reproduced by the ld. 1st Appellate Authority on page no. 129 of the impugned order. In this table, ld. 1st Appellate Authority has observed that aggregate long-term capital gain

D.C.I.T., CIRCLE-1, DIBRUGARH vs. BACHH RAJ BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 54/GTY/2023[2015-16]Status: DisposedITAT Guwahati01 Sept 2023AY 2015-16

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 132(4) of the Income Tax Act. The questions and tabulated details confronted to Shri Pramod Kumar Bamalwa has been reproduced by the ld. 1st Appellate Authority on page no. 129 of the impugned order. In this table, ld. 1st Appellate Authority has observed that aggregate long-term capital gain

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. HANS RAJ BAMALWA (HUF), DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 56/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 132(4) of the Income Tax Act. The questions and tabulated details confronted to Shri Pramod Kumar Bamalwa has been reproduced by the ld. 1st Appellate Authority on page no. 129 of the impugned order. In this table, ld. 1st Appellate Authority has observed that aggregate long-term capital gain

D.C.I.T., CIRCLE-1, DIBRUGARH vs. MADAN LAL BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 63/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 132(4) of the Income Tax Act. The questions and tabulated details confronted to Shri Pramod Kumar Bamalwa has been reproduced by the ld. 1st Appellate Authority on page no. 129 of the impugned order. In this table, ld. 1st Appellate Authority has observed that aggregate long-term capital gain

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. USHA BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 57/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 132(4) of the Income Tax Act. The questions and tabulated details confronted to Shri Pramod Kumar Bamalwa has been reproduced by the ld. 1st Appellate Authority on page no. 129 of the impugned order. In this table, ld. 1st Appellate Authority has observed that aggregate long-term capital gain

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. MEENAKSHI BAMALWA SONI, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 58/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 132(4) of the Income Tax Act. The questions and tabulated details confronted to Shri Pramod Kumar Bamalwa has been reproduced by the ld. 1st Appellate Authority on page no. 129 of the impugned order. In this table, ld. 1st Appellate Authority has observed that aggregate long-term capital gain

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. HANS RAJ BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 55/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 132(4) of the Income Tax Act. The questions and tabulated details confronted to Shri Pramod Kumar Bamalwa has been reproduced by the ld. 1st Appellate Authority on page no. 129 of the impugned order. In this table, ld. 1st Appellate Authority has observed that aggregate long-term capital gain

D.C.I.T., CIRCLE- 1, DIBRUGARH vs. VISHAL BAMALWA , DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 60/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 132(4) of the Income Tax Act. The questions and tabulated details confronted to Shri Pramod Kumar Bamalwa has been reproduced by the ld. 1st Appellate Authority on page no. 129 of the impugned order. In this table, ld. 1st Appellate Authority has observed that aggregate long-term capital gain

D.C.I.T., CIRCLE-1, DIBRUGARH vs. VINAY BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 61/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 132(4) of the Income Tax Act. The questions and tabulated details confronted to Shri Pramod Kumar Bamalwa has been reproduced by the ld. 1st Appellate Authority on page no. 129 of the impugned order. In this table, ld. 1st Appellate Authority has observed that aggregate long-term capital gain

D.C.I.T., CIRCLE-1, DIBRUGARH vs. RAVI BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 62/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 132(4) of the Income Tax Act. The questions and tabulated details confronted to Shri Pramod Kumar Bamalwa has been reproduced by the ld. 1st Appellate Authority on page no. 129 of the impugned order. In this table, ld. 1st Appellate Authority has observed that aggregate long-term capital gain

DCIT, CIRCLE-1, DIBRUGARH vs. BAJRANG LAL BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 51/GTY/2023[2012-13]Status: DisposedITAT Guwahati01 Sept 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 132(4) of the Income Tax Act. The questions and tabulated details confronted to Shri Pramod Kumar Bamalwa has been reproduced by the ld. 1st Appellate Authority on page no. 129 of the impugned order. In this table, ld. 1st Appellate Authority has observed that aggregate long-term capital gain

D.C.I.T., CIRCLE-1, DIBRUGARH vs. SHEETAL BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 64/GTY/2023[2013-14]Status: DisposedITAT Guwahati01 Sept 2023AY 2013-14

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 132(4) of the Income Tax Act. The questions and tabulated details confronted to Shri Pramod Kumar Bamalwa has been reproduced by the ld. 1st Appellate Authority on page no. 129 of the impugned order. In this table, ld. 1st Appellate Authority has observed that aggregate long-term capital gain

D.C.I.T., CIRCLE-1, DIBRUGARH vs. PRAMOD KUMAR BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 65/GTY/2023[2013-14]Status: DisposedITAT Guwahati01 Sept 2023AY 2013-14

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 132(4) of the Income Tax Act. The questions and tabulated details confronted to Shri Pramod Kumar Bamalwa has been reproduced by the ld. 1st Appellate Authority on page no. 129 of the impugned order. In this table, ld. 1st Appellate Authority has observed that aggregate long-term capital gain

D.C.I.T., CIRCLE-1, DIBRUGARH vs. VINOD BAMALWA, DIBRUGARH

In the result, all the appeals of the Revenue are dismissed and that of the Cross Objections of the assessees are allowed

ITA 66/GTY/2023[2013-14]Status: DisposedITAT Guwahati01 Sept 2023AY 2013-14

Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar

section 132(4) of the Income Tax Act. The questions and tabulated details confronted to Shri Pramod Kumar Bamalwa has been reproduced by the ld. 1st Appellate Authority on page no. 129 of the impugned order. In this table, ld. 1st Appellate Authority has observed that aggregate long-term capital gain

INCOME TAX OFFICERM WARD-DIMAPUR, DIMAPUR vs. SHRI BHAMA AGARWALLA, DIMAPUR

In the result, all the appeals of revenue are dismissed

ITA 142/GTY/2020[2011-12]Status: DisposedITAT Guwahati25 Feb 2021AY 2011-12

Bench: Shri A. T. Varkey, Jm]

Section 147Section 148Section 149Section 151

4) years have elapsed from the end of the relevant assessment year i.e. (AY 2011-12) for which notice u/s. 148 of the Act was issued by the 6 Ankit Agarwalla, AY 2011-12 AO upon the assessee. In such a scenario, provision of section 149(1) and clause (b) is applicable. Therefore, the AO should not have issued notice

INCOME TAX OFFICER, WARD-DIMAPUR, DIMAPUR vs. M/S. PARSURAM SANWARMAL AGARWALLA & SONS, DIMAPUR

In the result, all the appeals of revenue are dismissed

ITA 143/GTY/2020[2011-12]Status: DisposedITAT Guwahati25 Feb 2021AY 2011-12

Bench: Shri A. T. Varkey, Jm]

Section 147Section 148Section 149Section 151

4) years have elapsed from the end of the relevant assessment year i.e. (AY 2011-12) for which notice u/s. 148 of the Act was issued by the 6 Ankit Agarwalla, AY 2011-12 AO upon the assessee. In such a scenario, provision of section 149(1) and clause (b) is applicable. Therefore, the AO should not have issued notice