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2 results for “capital gains”+ Section 271Fclear

Sorted by relevance

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Key Topics

Section 1443Section 142(1)(ii)2Capital Gains2Long Term Capital Gains2Penalty2

PRAKASH LAL POTLURI,HYDERABAD vs. INCOME TAX OFFICER, (INT TAXN)-2,HYD, HYDERABAD

In the result, the appeal of the assessee is dismissed

ITA 567/HYD/2023[2015-16]Status: HeardITAT Hyderabad29 Feb 2024AY 2015-16

Bench: Shri R.K. Panda & Shri Laliet Kumarassessment Year: 2015-16 Prakash Lal Potluri, Vs. The Income Tax Officer, Hyderabad. (International Taxation)-2, Hyderabad. Pan : Gnkpp1085B. (Appellant) (Respondent) Assessee By: None Revenue By: Sri M. Vijay Kumar – Cit-Dr Date Of Hearing: 29.02.2024 Date Of Pronouncement: 29.02.2024

For Appellant: NoneFor Respondent: Sri M. Vijay Kumar – CIT-DR
Section 142(1)Section 144Section 144C(15)Section 147Section 148Section 48

Capital Gains without having any material on record that the assessee received the sale consideration. 8. The Ld. Income Tax Officer, Hyderabad, should have taken into consideration that the objections raised by the assessee before Hon’ble Directors Resolution Panel-1, BLR only for the reason that objections were not filed in time. 2 9. The Ld. Income Tax Officer

SLV ELECTRONICS,KURNOOL vs. INCOME TAX OFFICER, WARD-I, KURNOOL, KURNOOL

In the result, the appeal of the assessee is allowed for statistical purposes

ITA 443/HYD/2023[2017-18]Status: DisposedITAT Hyderabad21 Sept 2023AY 2017-18

Bench: Shri Laliet Kumarassessment Year: 2017-18 Slv Electronics, Vs. The Income Tax Officer, Kurnool, Ward – 1, Kurnool. D.No.76-97-174-5, Weeker Section Colony, Kallur, Andhra Pradesh – 518003. Pan : Addfs6605B. (Appellant) (Respondent) Assessee By: Ms. Niharika, Advocate Appeared For Shri Shaik Jeelani Basha, Advocate. Revenue By: Shri Srikanth, Sr. Ar Date Of Hearing: 21/09/2023 Date Of Pronouncement: 21/09/2023

For Appellant: Ms. Niharika, Advocate appeared for Shri Shaik Jeelani BashaFor Respondent: Shri Srikanth, Sr. AR
Section 133(6)Section 139(1)Section 142(1)(i)Section 142(1)(ii)Section 144

capital gains. 8. The Appellant Prays the Honourable Income Tax Appellate Tribunal to quash the orders of the Honourable Commissioner, National Faceless Appeal Centre, Delhi. As the first Appellate Authority has not given an opportunity to prove the same.” 2 3. Facts of the case, in brief, are that assessee being the firm has not filed its Return of Income