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4 results for “capital gains”+ Section 10(2)(xv)clear

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Mumbai125Delhi110Chandigarh83Jaipur37Hyderabad29SC28Guwahati21Amritsar11Nagpur11Bangalore10Ahmedabad7Raipur7Surat5Chennai5Lucknow5Jodhpur4Pune4Kolkata3Cochin3Visakhapatnam2Ranchi1Dehradun1Patna1

Key Topics

Section 1476Disallowance4Addition to Income4Section 143(1)3Section 143(3)2Section 682

M/S. SUNIL & COMPANY,JODHPUR vs. ACIT, CIRCLE-1, JODHPUR

In the result, appeal of the assessee is allowed

ITA 502/JODH/2018[2004-05]Status: DisposedITAT Jodhpur03 Aug 2023AY 2004-05

Bench: Its Hearing Before Your Honour.”

Section 143(2)Section 143(3)Section 36(1)(iii)

section 143(3)/254 of the Income Tax Act, by ACIT, Circle-01, Jodhpur[ here in after reffered to as “ld. AO”]. 2. The assessee has marched this appeal on the following grounds:- “1. That on the facts and in the circumstances of the case, Ld. CIT(A) erred in sustaining the disallowance of interest

DCIT, CENTRAL CIRCLE-1, UDIPUR vs. M/S. WAGAD CONSTRUTION COMPANY, UDAIPUR

In the result, appeals of the Revenue are dismissed

ITA 30/JODH/2020[2014-15]Status: DisposedITAT Jodhpur
12 Jan 2023
AY 2014-15
For Appellant: Shri S.L. Poddar (Advocate)For Respondent: Shri Venkatesh V. (JCIT-Sr.DR)
Section 143(1)

capital expenditure or personal expenses is allowable in computing the income chargeable under the head "profits and gains" of business or profession. The onus lies on the assessee to substantiate by documentary evidences when called upon to the effect that all expenditures claimed in the P&L accounts are laid out or expended wholly and exclusively for the purpose

SAMPAT LAL LODHA ,NATHDWARA vs. ITO, WARD-2, RAJSAMAND

In the result, both appeals of the assessee are allowed

ITA 1/JODH/2022[2010-11]Status: DisposedITAT Jodhpur02 Aug 2023AY 2010-11
Section 143(1)Section 147Section 68

xv] Mod Creation Pvt. Ltd. v/s ITO reported in 354 ITR 282 (Delhi) “Income—Cash credit—Burden of proof—Assessee had raised unsecured loans from its directors and shareholders—Assessee filed copies of returns, statements of income, balance sheet, P&L a/c and bank statements, etc. of creditors—Affidavits of some creditors were also filed—Assessee had discharged initial onus

SAMPAT LAL LODHA ,NATHDWARA vs. ITO, WARD-2, RAJSAMAND

In the result, both appeals of the assessee are allowed

ITA 2/JODH/2022[2011-12]Status: DisposedITAT Jodhpur02 Aug 2023AY 2011-12
Section 143(1)Section 147Section 68

xv] Mod Creation Pvt. Ltd. v/s ITO reported in 354 ITR 282 (Delhi) “Income—Cash credit—Burden of proof—Assessee had raised unsecured loans from its directors and shareholders—Assessee filed copies of returns, statements of income, balance sheet, P&L a/c and bank statements, etc. of creditors—Affidavits of some creditors were also filed—Assessee had discharged initial onus