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3 results for “capital gains”+ Section 55(2)(aa)clear

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Delhi94Mumbai67Jaipur39Raipur22Chandigarh18Bangalore13Visakhapatnam11Surat7Cochin5Lucknow5Indore4Pune4Hyderabad3Kolkata2Ahmedabad2

Key Topics

Section 568Section 143(2)3Addition to Income3Survey u/s 133A2

DY. COMMISSIONER OF INCOME TAX, CIRCLE-1(1), HYDERABAD vs. ALPHA VILLAS PRIVATE LIMITED, HYDERABAD

In the result, both the appeals filed by the Revenue are allowed for statistical purposes

ITA 1106/HYD/2017[2011-12]Status: DisposedITAT Hyderabad12 Jun 2023AY 2011-12

Bench: Shri R.K. Panda & Shri K. Narasimha Chary

For Appellant: Shri K.A. Sai Prasad, CAFor Respondent: Shri Jeevan Lal Lavidiya, CIT(DR)
Section 143(2)Section 56

capital gains is exhaustively defined as “the amount actually paid for acquiring” such shares u/s Page 12 of 22 ITA Nos 1106 and 1107 of 2017 Alpha Villas Pvt Ltd 55(2)(aa)(i) of the Act. The learned Assessing Officer has not questioned the fact that the Appellant has not actually paid for acquiring the shares. The appellant

DY. COMMISSIONER OF INCOME TAX, CIRCLE-1(1), HYDERABAD vs. ALPHA AVENUES PRIVATE LIMITED, HYDERABAD

In the result, both the appeals filed by the Revenue are allowed for statistical purposes

ITA 1107/HYD/2017[2011-12]Status: DisposedITAT Hyderabad12 Jun 2023AY 2011-12

Bench: Shri R.K. Panda & Shri K. Narasimha Chary

For Appellant: Shri K.A. Sai Prasad, CAFor Respondent: Shri Jeevan Lal Lavidiya, CIT(DR)
Section 143(2)Section 56

capital gains is exhaustively defined as “the amount actually paid for acquiring” such shares u/s Page 12 of 22 ITA Nos 1106 and 1107 of 2017 Alpha Villas Pvt Ltd 55(2)(aa)(i) of the Act. The learned Assessing Officer has not questioned the fact that the Appellant has not actually paid for acquiring the shares. The appellant

DY. COMMISSIONER OF INCOME TAX , CIRCLE-16(1), HYDERABAD vs. NCL GREEN HABITATS PRIVATE LIMITED, HYDERABAD

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

ITA 1790/HYD/2019[2016-17]Status: DisposedITAT Hyderabad15 May 2023AY 2016-17

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

For Appellant: Sri S. Rama RaoFor Respondent: Sri M. Naveen Kumar
Section 143(2)Section 56(2)(viib)

gains of business or profession" or under the head "Salaries";] 33[(v) where any sum of money exceeding twenty-five thousand rupees is received without consideration by an individual or a Hindu undivided family from any person on or after the 1st day of September, 2004 34[but before the 1st day of April, 2006], the whole of such