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2 results for “disallowance”+ Section 50Bclear

Sorted by relevance

Mumbai85Delhi25Chennai22Raipur17Bangalore13Kolkata8Ahmedabad6Hyderabad6Cochin4Pune3Amritsar3Indore2Jodhpur1Karnataka1Calcutta1Surat1

Key Topics

Section 271A7Section 50C4Section 50B4Section 92B3

M/S. MANISH FILMS PVT. LTD.,INDORE vs. THE ITO 3(1), INDORE

In the result, the appeal filed by the assessee is

ITA 152/IND/2015[2010-11]Status: DisposedITAT Indore10 Jan 2019AY 2010-11

Bench: Shri Kul Bharat & Shri Manish Boradassessment Year: 2010-11

Section 2Section 50BSection 50C

50B of the Act. Therefore, provisions of section 50C of the Act cannot be applied. It is contended that the transaction is a slump sale and a strong stress is laid on the subsequent possession letter and the notification made by the vendee in news paper. For the sake of clarity, the relevant clauses of sale deed executed

ACIT-2(1), UJJAIN, UJJAIN vs. M/S RUCHI J OIL PVT. LTD,, MUMBAI

In the result, Revenue’s appeal ITANo

ITA 82/IND/2020[2014-15]Status: HeardITAT Indore
17 Jan 2022
AY 2014-15

Bench: Shri Mahavir Prasad & Shri Manish Boradvirtual Hearing Assessment Year: 2014-15

Section 271ASection 40A(2)(b)Section 91D(1)Section 92BSection 92D(1)

50B of the Act, liable for capital gain :- a) CIT vs. Accelerated Freeze Drying Co. Ltd. [2011] 337 ITR 440 (Kerala) b) Premier Automobiles Ltd. vs. ITO [2003] 264 ITR 193 (Bom.) " It may please be appreciated that the slump sale transaction was therefore not a Specified Domestic Transaction as defined in section 92BA