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28 results for “capital gains”+ Section 9(1)(vi)clear

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Key Topics

Section 153A18Section 25013Section 143(1)10Section 80I9Disallowance9Addition to Income9Section 808Section 688Section 44A5Section 143(3)

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

9. BHAGWATI DEVI 2012-13 Twenty First Century 93,78,431 PB-9 BAMALWA India Ltd. 10. VISHAL 2012-13 Twenty First Century 4,74,95,786 PB-10 BAMALWA India Ltd. 11. VINAY BAMALWA 2012-13 Twenty First Century 3,94,75,511 PB-11 India Ltd. 12. RAVI BAMALWA 2012-13 Twenty First Century

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

9. BHAGWATI DEVI 2012-13 Twenty First Century 93,78,431 PB-9 BAMALWA India Ltd. 10. VISHAL 2012-13 Twenty First Century 4,74,95,786 PB-10 BAMALWA India Ltd. 11. VINAY BAMALWA 2012-13 Twenty First Century 3,94,75,511 PB-11 India Ltd. 12. RAVI BAMALWA 2012-13 Twenty First Century

Showing 1–20 of 28 · Page 1 of 2

5
Depreciation5
Unexplained Cash Credit4

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

9. BHAGWATI DEVI 2012-13 Twenty First Century 93,78,431 PB-9 BAMALWA India Ltd. 10. VISHAL 2012-13 Twenty First Century 4,74,95,786 PB-10 BAMALWA India Ltd. 11. VINAY BAMALWA 2012-13 Twenty First Century 3,94,75,511 PB-11 India Ltd. 12. RAVI BAMALWA 2012-13 Twenty First Century

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

9. BHAGWATI DEVI 2012-13 Twenty First Century 93,78,431 PB-9 BAMALWA India Ltd. 10. VISHAL 2012-13 Twenty First Century 4,74,95,786 PB-10 BAMALWA India Ltd. 11. VINAY BAMALWA 2012-13 Twenty First Century 3,94,75,511 PB-11 India Ltd. 12. RAVI BAMALWA 2012-13 Twenty First Century

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

9. BHAGWATI DEVI 2012-13 Twenty First Century 93,78,431 PB-9 BAMALWA India Ltd. 10. VISHAL 2012-13 Twenty First Century 4,74,95,786 PB-10 BAMALWA India Ltd. 11. VINAY BAMALWA 2012-13 Twenty First Century 3,94,75,511 PB-11 India Ltd. 12. RAVI BAMALWA 2012-13 Twenty First Century

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

9. BHAGWATI DEVI 2012-13 Twenty First Century 93,78,431 PB-9 BAMALWA India Ltd. 10. VISHAL 2012-13 Twenty First Century 4,74,95,786 PB-10 BAMALWA India Ltd. 11. VINAY BAMALWA 2012-13 Twenty First Century 3,94,75,511 PB-11 India Ltd. 12. RAVI BAMALWA 2012-13 Twenty First Century

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

9. BHAGWATI DEVI 2012-13 Twenty First Century 93,78,431 PB-9 BAMALWA India Ltd. 10. VISHAL 2012-13 Twenty First Century 4,74,95,786 PB-10 BAMALWA India Ltd. 11. VINAY BAMALWA 2012-13 Twenty First Century 3,94,75,511 PB-11 India Ltd. 12. RAVI BAMALWA 2012-13 Twenty First Century

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

9. BHAGWATI DEVI 2012-13 Twenty First Century 93,78,431 PB-9 BAMALWA India Ltd. 10. VISHAL 2012-13 Twenty First Century 4,74,95,786 PB-10 BAMALWA India Ltd. 11. VINAY BAMALWA 2012-13 Twenty First Century 3,94,75,511 PB-11 India Ltd. 12. RAVI BAMALWA 2012-13 Twenty First Century

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

9. BHAGWATI DEVI 2012-13 Twenty First Century 93,78,431 PB-9 BAMALWA India Ltd. 10. VISHAL 2012-13 Twenty First Century 4,74,95,786 PB-10 BAMALWA India Ltd. 11. VINAY BAMALWA 2012-13 Twenty First Century 3,94,75,511 PB-11 India Ltd. 12. RAVI BAMALWA 2012-13 Twenty First Century

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

9. BHAGWATI DEVI 2012-13 Twenty First Century 93,78,431 PB-9 BAMALWA India Ltd. 10. VISHAL 2012-13 Twenty First Century 4,74,95,786 PB-10 BAMALWA India Ltd. 11. VINAY BAMALWA 2012-13 Twenty First Century 3,94,75,511 PB-11 India Ltd. 12. RAVI BAMALWA 2012-13 Twenty First Century

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

9. BHAGWATI DEVI 2012-13 Twenty First Century 93,78,431 PB-9 BAMALWA India Ltd. 10. VISHAL 2012-13 Twenty First Century 4,74,95,786 PB-10 BAMALWA India Ltd. 11. VINAY BAMALWA 2012-13 Twenty First Century 3,94,75,511 PB-11 India Ltd. 12. RAVI BAMALWA 2012-13 Twenty First Century

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

9. BHAGWATI DEVI 2012-13 Twenty First Century 93,78,431 PB-9 BAMALWA India Ltd. 10. VISHAL 2012-13 Twenty First Century 4,74,95,786 PB-10 BAMALWA India Ltd. 11. VINAY BAMALWA 2012-13 Twenty First Century 3,94,75,511 PB-11 India Ltd. 12. RAVI BAMALWA 2012-13 Twenty First Century

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

9. BHAGWATI DEVI 2012-13 Twenty First Century 93,78,431 PB-9 BAMALWA India Ltd. 10. VISHAL 2012-13 Twenty First Century 4,74,95,786 PB-10 BAMALWA India Ltd. 11. VINAY BAMALWA 2012-13 Twenty First Century 3,94,75,511 PB-11 India Ltd. 12. RAVI BAMALWA 2012-13 Twenty First Century

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

9. BHAGWATI DEVI 2012-13 Twenty First Century 93,78,431 PB-9 BAMALWA India Ltd. 10. VISHAL 2012-13 Twenty First Century 4,74,95,786 PB-10 BAMALWA India Ltd. 11. VINAY BAMALWA 2012-13 Twenty First Century 3,94,75,511 PB-11 India Ltd. 12. RAVI BAMALWA 2012-13 Twenty First Century

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

9. BHAGWATI DEVI 2012-13 Twenty First Century 93,78,431 PB-9 BAMALWA India Ltd. 10. VISHAL 2012-13 Twenty First Century 4,74,95,786 PB-10 BAMALWA India Ltd. 11. VINAY BAMALWA 2012-13 Twenty First Century 3,94,75,511 PB-11 India Ltd. 12. RAVI BAMALWA 2012-13 Twenty First Century

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

9. BHAGWATI DEVI 2012-13 Twenty First Century 93,78,431 PB-9 BAMALWA India Ltd. 10. VISHAL 2012-13 Twenty First Century 4,74,95,786 PB-10 BAMALWA India Ltd. 11. VINAY BAMALWA 2012-13 Twenty First Century 3,94,75,511 PB-11 India Ltd. 12. RAVI BAMALWA 2012-13 Twenty First Century

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, DIBRUGARH, DIBRUGARH vs. SANTOSH BAMALWA, DIBRUGARH

In the result, appeal of the revenue is dismissed and the cross- objection filed by the assessee is allowed

ITA 104/GTY/2023[2012-13]Status: HeardITAT Guwahati13 Dec 2023AY 2012-13

Bench: Dr. Manish Borad, Hon’Ble & Shri Sonjoy Sarma, Hon’Blei.T.A. No. 104/Gty/2023 Assessment Year: 2012-13 Assistant Commissioner Of Income Smt. Santosh Bamalwa Tax, Circle-1, Dibrugarh Vs Ground Floor Mahalaya Road C/O A.K. Varma Dibrugarh - 786001 [Pan: Aedpb9900P] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) C.O. No. 34/Gty/2023 Assessment Year: 2012-13 Smt. Santosh Bamalwa Assistant Commissioner Of Income Tax, Circle-1, Dibrugarh Vs Ground Floor Mahalaya Road C/O A.K. Varma Dibrugarh - 786001 [Pan: Aedpb9900P] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee By : Shri S.K. Tulsiyan, Advocate Revenue By : Shri Arun Bhowmick, Jcit, D/R सुनवाई क" तारीख/Date Of Hearing : 01/11/2023 घोषणा क" तारीख /Date Of Pronouncement: 13/12/2023 आदेश/O R D E R Per Dr. Manish Borad: The Present Appeal Filed By The Revenue & The Cross-Objection Filed By The Assessee Are Directed Against The Order Of The Learned Commissioner Of Income Tax (Appeals), Central, North-East Region, Guwahati (Hereinafter The “Ld. Cit(A)”) Dt. 14/07/2023, Passed U/S

For Appellant: Shri S.K. Tulsiyan, AdvocateFor Respondent: Shri Arun Bhowmick, JCIT, D/R
Section 132Section 143(2)Section 153ASection 68

capital gain, the grounds are almost identical. This Tribunal vide its order dt. 01/09/2023 in ITA NO. 51 & 52/GAU/2023 & ors., has adjudicated the similar issues and dismissed the revenue’s appeal observing as follows:- “27. We have duly considered the rival contentions and gone through the record carefully. Section 153A including the amendment effected by Finance Act, 2017 whereby

AGRIM INFRAPROJECT PRIVATE LIMITED,GUWAHATI vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3, GUWAHATI

In the result, this appeal of the assessee i

ITA 222/GTY/2019[2015-16]Status: HeardITAT Guwahati05 Apr 2023AY 2015-16

Bench: Shri Rajpal Yadav, Vice-(Kz) & Dr. Manish Borad

Section 153ASection 250Section 68

vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record of the AO. vii. Completed assessments

AGRIM INFRAPROJECT PRIVATE LIMITED,GUWAHATI vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3, GUWAHATI

In the result, this appeal of the assessee i

ITA 224/GTY/2019[2012-13]Status: HeardITAT Guwahati05 Apr 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Dr. Manish Borad

Section 153ASection 250Section 68

vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record of the AO. vii. Completed assessments

AGRIM INFRAPROJECT PRIVATE LIMITED,GUWAHATI vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-3, GUWAHATI

In the result, this appeal of the assessee i

ITA 219/GTY/2019[2012-13]Status: HeardITAT Guwahati05 Apr 2023AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Dr. Manish Borad

Section 153ASection 250Section 68

vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record of the AO. vii. Completed assessments