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315 results for “capital gains”+ Section 2(22)(e)clear

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Key Topics

Section 143(3)117Addition to Income59Section 14745Section 10(38)39Section 14837Section 143(2)35Section 12A31Section 153A29Section 6825

THE DY. CIT 4(1), INDORE vs. M/S. RYDER TRANS INTERNATIONAL (P) LTD., INDORE

In the result appeal of the Revenue is partly allowed

ITA 720/IND/2019[2012-13]Status: DisposedITAT Indore30 Apr 2021AY 2012-13

Bench: Hon’Ble Manish Borad & Hon’Ble Madhumita Royassessment Year 2012-13

Section 139(1)Section 147Section 148Section 2(22)Section 2(22)(e)

2(22)(e) of the Act reads as follows :- M/s Ryder Trans International Pvt.Ltd (e)any payment by a company, not being a company in which the public are substantially interested, of any sum (whether as representing a part of the assets of the company or otherwise) made after the 31st day of May, 1987, by way of advance

ASIAN BUSINESS CONECTION PVT. LTD.,BHOPAL vs. DCIT - 1(1) , BHOPAL

Showing 1–20 of 315 · Page 1 of 16

...
Exemption24
Disallowance22
Deduction20
ITA 936/IND/2018[2015-16]Status: DisposedITAT Indore25 Sept 2019AY 2015-16

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Boradassessment Year 2015-16 M/S. Asian Business Dcit-1(1), Connections Private Ltd, Vs. Bhopal Fm-18, Man Sarovar Complex, 7No. Stop, Shivaji Nagar, Bhopal (Appellant) (Respondent ) Pan No.Aaica1206D

Section 139(1)Section 143(2)Section 143(3)Section 2Section 2(22)Section 2(22)(e)Section 35D

section 2(22)(e) as explained in CIT v. Mukundray Shah[2007] 160 Taxmann 276 (SC) : 3. CIT v Gayatri Chakraborty [2018] 94 taxmann.com 244 (Calcutta) (HC) 4. Chadrasekhar Maruti v ACIT [2016] 71 taxmann.com 239 (Mumbai ITAT) 5. M. Amareswara Rao v DCIT [2016] 67 taxmann.com 15 (Vishakhapatnam ITAT) 6. Commissioner of Income Tax v. Farida Holding (P) Ltdn

SHRI SHARAD AGRAWAL,INDORE vs. THE JCIT RANGE-4, INDORE

In the result, all these three appeals of the Assessees are partly allowed

ITA 153/IND/2013[2009-10]Status: DisposedITAT Indore31 May 2018AY 2009-10

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year : 2009-10

Section 111ASection 143(3)Section 147Section 148

section 111A with the object to end the litigation. Hon’ble Finance Minister while presenting Union Budget – 2004-05, clarified the aim and object of Government for introducing the security transaction tax and exempting the long term capital gain from sale of share and levying 10% tax and on short term capital gain on sale of shares . The contents

SHRI RAJEEV SHARMA,BHOPAL vs. THE DCIT CENTRAL-II, BHOPAL

In the result the appeals of the assessee are disposed off as

ITA 430/IND/2017[2013-14]Status: DisposedITAT Indore15 Feb 2019AY 2013-14

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Borad

Section 153ASection 17(2)(iii)Section 2(22)(e)Section 234BSection 69

22)(e) of the Income Tax Act,1961. 5. That the ld CIT(A) erred in making addition of Rs.3,00,000/- on account of alleged unaccounted credits in bank account u/s 69 of the act. 6. That the ld CIT(A) erred in making addition of Rs.5,46,800/- on account of undisclosed cap[ital gains. 7. That

SMT ANJANA SINHA,BHOPAL vs. THE DCIT CENTRAL-II, BHOPAL

In the result the appeals of the assessee are disposed off as

ITA 429/IND/2017[2013-14]Status: DisposedITAT Indore15 Feb 2019AY 2013-14

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Borad

Section 153ASection 17(2)(iii)Section 2(22)(e)Section 234BSection 69

22)(e) of the Income Tax Act,1961. 5. That the ld CIT(A) erred in making addition of Rs.3,00,000/- on account of alleged unaccounted credits in bank account u/s 69 of the act. 6. That the ld CIT(A) erred in making addition of Rs.5,46,800/- on account of undisclosed cap[ital gains. 7. That

SMT. MANJU SHARMA,BHOPAL vs. THE DCIT CENTRAL-II, BHOPAL

In the result the appeals of the assessee are disposed off as

ITA 427/IND/2017[2013-14]Status: DisposedITAT Indore15 Feb 2019AY 2013-14

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Borad

Section 153ASection 17(2)(iii)Section 2(22)(e)Section 234BSection 69

22)(e) of the Income Tax Act,1961. 5. That the ld CIT(A) erred in making addition of Rs.3,00,000/- on account of alleged unaccounted credits in bank account u/s 69 of the act. 6. That the ld CIT(A) erred in making addition of Rs.5,46,800/- on account of undisclosed cap[ital gains. 7. That

SHRI SANJAY KUMAR SINHA,BHOPAL vs. THE DCIT CENTRAL-II, BHOPAL

In the result the appeals of the assessee are disposed off as

ITA 428/IND/2017[2013-14]Status: DisposedITAT Indore15 Feb 2019AY 2013-14

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Borad

Section 153ASection 17(2)(iii)Section 2(22)(e)Section 234BSection 69

22)(e) of the Income Tax Act,1961. 5. That the ld CIT(A) erred in making addition of Rs.3,00,000/- on account of alleged unaccounted credits in bank account u/s 69 of the act. 6. That the ld CIT(A) erred in making addition of Rs.5,46,800/- on account of undisclosed cap[ital gains. 7. That

SMT. MAMTA NYATI DHAMNOD DISTT. DHAR,DHAMNOD vs. ITO DHAR, DHAR

In the result appeals of the assessee(s) namely Kumari

ITA 488/IND/2019[2014-15]Status: DisposedITAT Indore25 May 2021AY 2014-15

Bench: Hon'Ble Manish Borad & Hon'Ble Madhumita Royassessment Year:2014-15 Kumari Ayushi Nyati Ito, 5(5) 10, Balaji Vihar, 1-2, Maa Durg Indore बनाम/ Nagar, Navlakha Main Road 1 To Vs. 7, Indore (Appellant) (Revenue ) P.A. No.Ajppn2679C Assessment Year:2014-15 Smt. Vijaya Nyati, Ito, Dhar 5 Nyati House, Mandi Road बनाम/ Dhammod, Dist: Dhar M.P. Vs. (Appellant) (Revenue ) P.A. No.Aappn8302B Assessment Year:2014-15 Shri Vijay Kumar Radheshyam Ito, Dhar Nyati, Huf बनाम/ 5 Nyati House, Mandi Road Vs. Dhammod, Dist: Dhar M.P. (Appellant) (Revenue ) P.A. No.Aachv4415Q

Section 10(38)Section 131Section 133A

e) The rubber stamp analogy is baseless as M/s Santoshima Tradelinks Ltd. was a substantial shareholder of Conart Traders Ltd. and hence a rubber stamp must have been prepared to save time as the share certificates were issued manually. The endorsement of shares in the name of the purchaser i.e. the assessee when they were sold is hand written

SMT VIJAYA NYATI, DHAR vs. ITO, DHAR

In the result appeals of the assessee(s) namely Kumari

ITA 703/IND/2018[14-15]Status: DisposedITAT Indore25 May 2021

Bench: Hon'Ble Manish Borad & Hon'Ble Madhumita Royassessment Year:2014-15 Kumari Ayushi Nyati Ito, 5(5) 10, Balaji Vihar, 1-2, Maa Durg Indore बनाम/ Nagar, Navlakha Main Road 1 To Vs. 7, Indore (Appellant) (Revenue ) P.A. No.Ajppn2679C Assessment Year:2014-15 Smt. Vijaya Nyati, Ito, Dhar 5 Nyati House, Mandi Road बनाम/ Dhammod, Dist: Dhar M.P. Vs. (Appellant) (Revenue ) P.A. No.Aappn8302B Assessment Year:2014-15 Shri Vijay Kumar Radheshyam Ito, Dhar Nyati, Huf बनाम/ 5 Nyati House, Mandi Road Vs. Dhammod, Dist: Dhar M.P. (Appellant) (Revenue ) P.A. No.Aachv4415Q

Section 10(38)Section 131Section 133A

e) The rubber stamp analogy is baseless as M/s Santoshima Tradelinks Ltd. was a substantial shareholder of Conart Traders Ltd. and hence a rubber stamp must have been prepared to save time as the share certificates were issued manually. The endorsement of shares in the name of the purchaser i.e. the assessee when they were sold is hand written

VIJAY RADHESHYAM NYATI HUF,DHAR vs. ITO, DHAR

In the result appeals of the assessee(s) namely Kumari

ITA 704/IND/2018[14-15]Status: DisposedITAT Indore25 May 2021

Bench: Hon'Ble Manish Borad & Hon'Ble Madhumita Royassessment Year:2014-15 Kumari Ayushi Nyati Ito, 5(5) 10, Balaji Vihar, 1-2, Maa Durg Indore बनाम/ Nagar, Navlakha Main Road 1 To Vs. 7, Indore (Appellant) (Revenue ) P.A. No.Ajppn2679C Assessment Year:2014-15 Smt. Vijaya Nyati, Ito, Dhar 5 Nyati House, Mandi Road बनाम/ Dhammod, Dist: Dhar M.P. Vs. (Appellant) (Revenue ) P.A. No.Aappn8302B Assessment Year:2014-15 Shri Vijay Kumar Radheshyam Ito, Dhar Nyati, Huf बनाम/ 5 Nyati House, Mandi Road Vs. Dhammod, Dist: Dhar M.P. (Appellant) (Revenue ) P.A. No.Aachv4415Q

Section 10(38)Section 131Section 133A

e) The rubber stamp analogy is baseless as M/s Santoshima Tradelinks Ltd. was a substantial shareholder of Conart Traders Ltd. and hence a rubber stamp must have been prepared to save time as the share certificates were issued manually. The endorsement of shares in the name of the purchaser i.e. the assessee when they were sold is hand written

KUMARI AYUSHI NYATI,INDORE vs. ITO-5(5), INDORE

In the result appeals of the assessee(s) namely Kumari

ITA 203/IND/2019[2014-15]Status: DisposedITAT Indore25 May 2021AY 2014-15

Bench: Hon'Ble Manish Borad & Hon'Ble Madhumita Royassessment Year:2014-15 Kumari Ayushi Nyati Ito, 5(5) 10, Balaji Vihar, 1-2, Maa Durg Indore बनाम/ Nagar, Navlakha Main Road 1 To Vs. 7, Indore (Appellant) (Revenue ) P.A. No.Ajppn2679C Assessment Year:2014-15 Smt. Vijaya Nyati, Ito, Dhar 5 Nyati House, Mandi Road बनाम/ Dhammod, Dist: Dhar M.P. Vs. (Appellant) (Revenue ) P.A. No.Aappn8302B Assessment Year:2014-15 Shri Vijay Kumar Radheshyam Ito, Dhar Nyati, Huf बनाम/ 5 Nyati House, Mandi Road Vs. Dhammod, Dist: Dhar M.P. (Appellant) (Revenue ) P.A. No.Aachv4415Q

Section 10(38)Section 131Section 133A

e) The rubber stamp analogy is baseless as M/s Santoshima Tradelinks Ltd. was a substantial shareholder of Conart Traders Ltd. and hence a rubber stamp must have been prepared to save time as the share certificates were issued manually. The endorsement of shares in the name of the purchaser i.e. the assessee when they were sold is hand written

MANISH KUMAR RADHESHYAM NYATI ,DHAR vs. ITO, DHAR

In the result appeals of the assessee(s) namely Kumari

ITA 705/IND/2018[14-15]Status: DisposedITAT Indore25 May 2021

Bench: Hon'Ble Manish Borad & Hon'Ble Madhumita Royassessment Year:2014-15 Kumari Ayushi Nyati Ito, 5(5) 10, Balaji Vihar, 1-2, Maa Durg Indore बनाम/ Nagar, Navlakha Main Road 1 To Vs. 7, Indore (Appellant) (Revenue ) P.A. No.Ajppn2679C Assessment Year:2014-15 Smt. Vijaya Nyati, Ito, Dhar 5 Nyati House, Mandi Road बनाम/ Dhammod, Dist: Dhar M.P. Vs. (Appellant) (Revenue ) P.A. No.Aappn8302B Assessment Year:2014-15 Shri Vijay Kumar Radheshyam Ito, Dhar Nyati, Huf बनाम/ 5 Nyati House, Mandi Road Vs. Dhammod, Dist: Dhar M.P. (Appellant) (Revenue ) P.A. No.Aachv4415Q

Section 10(38)Section 131Section 133A

e) The rubber stamp analogy is baseless as M/s Santoshima Tradelinks Ltd. was a substantial shareholder of Conart Traders Ltd. and hence a rubber stamp must have been prepared to save time as the share certificates were issued manually. The endorsement of shares in the name of the purchaser i.e. the assessee when they were sold is hand written

SHRI KRISHNA MOHAN CHOURSIYA, RAJGARH vs. ITO, RAJGARH

In the result, the assessee’s appeal i

ITA 853/IND/2017[2014-15]Status: DisposedITAT Indore30 Sept 2021AY 2014-15

Bench: Hon’Ble Rajpal Yadav & Shri Manish Boradvirtual Hearing Assessment Year: 2014-15

Section 143(3)Section 2(14)Section 68

E R PER MANISH BORAD, A.M The above captioned appeal filed at the instance of the Assessee for Assessment Year 2014-15 is directed against the ITA No.853 of 2017 2 Krishna Mohan Chourasia order of Ld. Commissioner of Income Tax(Appeals) [in short ‘Ld. CIT(A)’], Ujjain dated 01.09.2017 which is arising out of the order

M/S. MADHYA PRADESH CRICKET ASSOCIATION,INDORE vs. THE DCIT 1(1), INDORE

In the result, the appeal filed by the Assessee is dismissed and consequently the order of the Ld

ITA 782/IND/2014[2012-13]Status: DisposedITAT Indore14 Jun 2017AY 2012-13

Bench: Shri Chandra Mohan Garg & Shri O.P.Meenaassessment Year: 2012-13 Madhya Pradesh Cricket Dcit, 1(1), Association Indore बनाम/ Holkar Stadium, Vs. 7, Race Course Road, Indore (Appellant) (Revenue ) P.A. No.Aaatg3527C Appellant By Shri Anil Kamal Garg & Shri Arpit Gaur (Ar) Revenue By Shri Lal Chand (Cit-Dr) Date Of Hearing: 21.03.2017 Date Of Pronouncement: 14.06.2017

Section 13Section 2Section 2(15)

e) That, the Learned CIT(A) grossly erred in holding that the activities of the appellant Association do not fall within the ambit of “charitable purpose” on extraneous considerations such as charging of some amount by the appellant Association against sale of tickets of matches or non-provision of tickets to poor spectators for free of cost or incurring

PRITESH JAIN HUF,INDORE vs. ITO 4 (2), INDORE

In the result Ground No.2 of the assessee’s

ITA 293/IND/2020[2014-15]Status: DisposedITAT Indore30 Apr 2021AY 2014-15

Bench: Hon’Ble Manish Borad & Hon’Ble Madhumita Royassessment Year 2014-15

Section 10(38)Section 143(3)Section 68

e-filed on 12.8.2015 declaring total income of Rs.9,98,606/- and also claiming exemption for Long Term Capital Gain u/s 10(38) of the Act arising from sale of equity shares of Sunrise Asian Limited at Rs.1,40,95,302/-. Case was selected for scrutiny assessment Ayush Jain & Ors ITA No.616, 617/Ind/2019 & 293&294/Ind/2020 through CASS and notice

SHRI NILESH JAIN HUF,INDORE vs. ITO 4(2), INDORE

In the result Ground No.2 of the assessee’s

ITA 294/IND/2020[2014-15]Status: DisposedITAT Indore30 Apr 2021AY 2014-15

Bench: Hon’Ble Manish Borad & Hon’Ble Madhumita Royassessment Year 2014-15

Section 10(38)Section 143(3)Section 68

e-filed on 12.8.2015 declaring total income of Rs.9,98,606/- and also claiming exemption for Long Term Capital Gain u/s 10(38) of the Act arising from sale of equity shares of Sunrise Asian Limited at Rs.1,40,95,302/-. Case was selected for scrutiny assessment Ayush Jain & Ors ITA No.616, 617/Ind/2019 & 293&294/Ind/2020 through CASS and notice

THE ACIT, CIRCLE 2(1), INDORE vs. DR. SHRI RAJEEV CHAUDHARY, INDORE

In the result, the appeal of the revenue is allowed and cross objection of the assessee is partly allowed

ITA 293/IND/2012[2008-09]Status: DisposedITAT Indore10 Jan 2019AY 2008-09

Bench: Hon'Ble I Kul Bharat & Hon'Ble Manish Boradassessment Year 2008-09 Pan : Abkpc5729K Assistant Commissioner Of V/S Dr.Rajeev Choudhary Income Tax, 1, Shiv Vilas Palace Circle-2(1), Indore Indore

Section 147Section 14A

E-return of income filed on 29.05.2008 declaring total income of Rs.3,14,17,278/-. Case was selected for scrutiny and necessary notice u/s 143(2) of the Act was duly served upon the assessee. Rajeev Choudhary ITA Nos.293/Ind/2012& C.O.No.65/Ind/2012 During the course of assessment proceedings Ld. Assessing Officer in short ‘Ld.AO’) observe that the assessee apart from earning

SMT. ANNAPURNA MAHESHWARI,INDORE vs. THE ACIT, 4(1), INDORE

In the result I.T.A.No.315/Ind/2012& I

ITA 315/IND/2012[2008-09]Status: DisposedITAT Indore30 Oct 2018AY 2008-09

Bench: Shri Kul Bharat & Shri Manish Borad

Section 10(38)Section 143(3)Section 68

E R PER MANISH BORAD, AM. The above captioned three appeals are filed at the instance of different assessees. ITA No.315/Ind/2012 & ITA No.252/Ind/2016 Annapurna Maheshwari & Pradeep Maheshwari ITA No.315/Ind/2012, 252/Ind/2016 & 53/Ind/2014 in the case of Smt. Annapurna Maheshwari pertaining to Assessment Year 2008-09 & 2010-11. is directed against the orders of Ld. Commissioner of Income Tax (Appeals

SHRI PRADEEP MAHESHWARI HUF,INDORE vs. THE ACIT 3(1), INDORE

In the result I.T.A.No.315/Ind/2012& I

ITA 53/IND/2014[2008-09]Status: DisposedITAT Indore30 Oct 2018AY 2008-09

Bench: Shri Kul Bharat & Shri Manish Borad

Section 10(38)Section 143(3)Section 68

E R PER MANISH BORAD, AM. The above captioned three appeals are filed at the instance of different assessees. ITA No.315/Ind/2012 & ITA No.252/Ind/2016 Annapurna Maheshwari & Pradeep Maheshwari ITA No.315/Ind/2012, 252/Ind/2016 & 53/Ind/2014 in the case of Smt. Annapurna Maheshwari pertaining to Assessment Year 2008-09 & 2010-11. is directed against the orders of Ld. Commissioner of Income Tax (Appeals

SMT. ANNAPURNA MAHESHWARI,INDORE vs. THE ITO-4(1), INDORE

In the result I.T.A.No.315/Ind/2012& I

ITA 252/IND/2016[2010-11]Status: DisposedITAT Indore30 Oct 2018AY 2010-11

Bench: Shri Kul Bharat & Shri Manish Borad

Section 10(38)Section 143(3)Section 68

E R PER MANISH BORAD, AM. The above captioned three appeals are filed at the instance of different assessees. ITA No.315/Ind/2012 & ITA No.252/Ind/2016 Annapurna Maheshwari & Pradeep Maheshwari ITA No.315/Ind/2012, 252/Ind/2016 & 53/Ind/2014 in the case of Smt. Annapurna Maheshwari pertaining to Assessment Year 2008-09 & 2010-11. is directed against the orders of Ld. Commissioner of Income Tax (Appeals