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5 results for “capital gains”+ Section 255(4)clear

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Key Topics

Section 26310Section 143(3)6Section 10(38)3Section 683Revision u/s 2633Section 143(2)2Section 153A2Depreciation2

ASHOK PANWAR HUF,JODHPUR vs. ACIT, CENTRAL CIRCLE-3, JODHPUR

In the result, both the appeals of the assesses ITA No

ITA 56/JODH/2024[2014-15]Status: DisposedITAT Jodhpur22 Aug 2025AY 2014-15

Bench: Dr. Mitha Lal Meena, Hon'Ble & Shri Anikesh Banerjee, Hon'Ble

Section 10(38)Section 143(2)Section 143(3)Section 250Section 68

capital gain (LTCG) as exempt under section10(38) of the Act on sale of shares of M/s Parag Shilpa Investments Ltd (in short, 'scrip'). The assessee purchased 2800 shares on 09/03/2012 for Rs.2,80,000/-. The said scrip was sold in the financial year 2014-15 for Rs,.1,58,67,077/- through the broker, Shri Suresh Rathi. The assessee

SATYA NARAYAN DHOOT,JODHPUR vs. ACIT, CIRCLE-3, JODHPUR

In the result, the appeal of the assessee is allowed

ITA 35/JODH/2021[2015-16]Status: DisposedITAT Jodhpur07 Sept 2021AY 2015-16
For Appellant: Sh. Mohit Soni (Adv.)For Respondent: Smt. Sanchita Kumar (CIT-DR)
Section 143(3)Section 263

gains. The assessee had maintained books of accounts which are subject to audit as per provision of law. The case of assessee was selected for 2 Shri Satya Narayan Dhoot, Jodhpur vs. ACIT, Circle-03, Jodhpur limited scrutiny on various issues and accordingly, the Ld AO had issued a query letter asking various queries/questions including the question about claim

VISHNU GOYAL,JODHPUR vs. PR. CIT, CENTRAL, JAIPUR

In the result, both the appeals filed by the assessee are allowed

ITA 46/JODH/2022[2012-13]Status: DisposedITAT Jodhpur04 Nov 2022AY 2012-13

Bench: Shri B. R. Baskaran & Shri Sandeep Gosain

Section 143(3)Section 153ASection 263

255/- The Ld PCIT took the view that the sale of properties mentioned in (a) and (b) above have not been reported by the assessee in his return of income. With regard to unsecured loan mentioned in (c) above, the Ld PCIT took Vishnu Goyal, Jodhpur vs. PCIT, Central, Jaipur the view that the assessee has furnished list of five

VISHNU GOYAL,JODHPUR vs. PR. CIT, CENTRAL, JAIPUR

In the result, both the appeals filed by the assessee are allowed

ITA 47/JODH/2022[2013-14]Status: DisposedITAT Jodhpur04 Nov 2022AY 2013-14

Bench: Shri B. R. Baskaran & Shri Sandeep Gosain

Section 143(3)Section 153ASection 263

255/- The Ld PCIT took the view that the sale of properties mentioned in (a) and (b) above have not been reported by the assessee in his return of income. With regard to unsecured loan mentioned in (c) above, the Ld PCIT took Vishnu Goyal, Jodhpur vs. PCIT, Central, Jaipur the view that the assessee has furnished list of five

SHRI DEVKRIPA TEXTILE MILLS (P) LTD. ,BHILWARA vs. ACIT, BHILWARA CIRCLE, BHILWARA

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

ITA 467/JODH/2018[2015-16]Status: DisposedITAT Jodhpur05 Apr 2023AY 2015-16

Bench: Shri B. R. Baskaran & Dr. S. Seethalakshmi

Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 37(1)

4. The assessing officer noticed that the business of the assessee has been carried on up to July, 2014 only. However, the assessee has paid remuneration of Rs.5,10,000/- to the directors for the whole year. The assessee had also claimed depreciation for full year. Since the business operations have been stopped in July, 2014, the AO took