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5 results for “capital gains”+ Section 55Aclear

Sorted by relevance

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Key Topics

Section 16310Addition to Income4Section 54F3Section 543Section 1442Section 1602Section 1472Section 482Section 242Long Term Capital Gains

LAL CHAND MEENA ,JAIPUR vs. ITO, WARD 7-3, JAIPUR

In the result, the appeal of the assessee is partly allowed

ITA 515/JPR/2015[2008-09]Status: DisposedITAT Jaipur27 Jun 2017AY 2008-09
For Appellant: Shri P.C. Parwal (CA)For Respondent: Shri Rajendra Singh (Addl.CIT)
Section 148Section 45(3)Section 50CSection 69C

gains tax in the assessment year 2006-07 in terms of the provisions of section 2(47) read with section 45(3) of the Act 17. We now refer to the provisions of section 50C, which has been invoked by the AO while bringing to tax the subject transaction, to examine whether the said provisions are applicable in the instant

SHRI NARESH JAIN,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-3, JAIPUR

2

In the result, the appeal of the assessee is allowed

ITA 159/JPR/2019[2015-16]Status: DisposedITAT Jaipur11 Aug 2020AY 2015-16
For Appellant: Shri Vijay Goyal, CAFor Respondent: Shri K.C. Gupta, JCIT
Section 45Section 48Section 54F

55A provide for the computation of capital gains, and the effect has to be given first to the provision of capital gains as given under the above scheme and then apply the provisions of Section

SHRI BANWARI LAL SHARMA,JAIPUR vs. INCOME TAX OFFICER, WARD-1-5, JAIPUR

In the result, both the appeals filed by the assessee and Revenue are disposed off in light of aforesaid directions

ITA 475/JPR/2019[2008-09]Status: DisposedITAT Jaipur14 Jun 2021AY 2008-09
For Appellant: Shri Manish Agarwal (CA)For Respondent: Smt Monisha Choudhary (Jt.CIT)
Section 144Section 147Section 160Section 163

section 50C of the Income Tax Act, 1961. On the other hand, in the case of purchasers i.e. Sh. Vivek Gupta and Sh. Ashish Gupta, assessments were completed u/s 147 / 143(3) of the Act and addition on account of capital gain of Rs. 6,34,62,356/- was made on substantive basis. 9. Against the order

INCOME TAX OFFICER, WARD-1-5, JAIPUR vs. SHRI BANWARI LAL SHARMA, JAIPUR

In the result, both the appeals filed by the assessee and Revenue are disposed off in light of aforesaid directions

ITA 558/JPR/2019[2008-09]Status: DisposedITAT Jaipur14 Jun 2021AY 2008-09
For Appellant: Shri Manish Agarwal (CA)For Respondent: Smt Monisha Choudhary (Jt.CIT)
Section 144Section 147Section 160Section 163

section 50C of the Income Tax Act, 1961. On the other hand, in the case of purchasers i.e. Sh. Vivek Gupta and Sh. Ashish Gupta, assessments were completed u/s 147 / 143(3) of the Act and addition on account of capital gain of Rs. 6,34,62,356/- was made on substantive basis. 9. Against the order

BHAGWAN SWAROOP AGARWAL,JAIPUR vs. ITO, JAIPUR

In the result, the appeal of the assessee is partly allowed

ITA 263/JPR/2014[2009-10]Status: DisposedITAT Jaipur31 Oct 2017AY 2009-10
For Appellant: Shri Rajeev Sogani (C.A.)For Respondent: Shri Punam Rai (D.CIT)
Section 24Section 48Section 54

capital gain at Rs. 44,94,343/- on the basis of re- working of the cost of construction. The AO rejected the claim of the assessee that the first floor of the house was constructed in the year 2006- 07. The AO took the cost of construction as per valuation report with the ICICI Bank for obtaining the house loan