SRI HARIRAM HOTELS P LTD vs. COMMISSIONER OF INCOME TAX (III)

Appeal is allowed

Bench: S.SUJATHA,VINEET SARAN

capital gains are directly taken to capital reserve without taking the said amount of capital gain to the profit and loss

THE COMMISSIONER OF INCOME TAX vs. M/S PRAKASH ELECTRIC COMPANY

Bench: S.SUJATHA,VINEET KOTHARI

capital gain will be chargeable in the hands of the successor. Accordingly, it is held that capital gain is not chargeable

KIDS CLINIC INDIA PRIVATE LIMITED

Bench: KRISHNA S DIXIT

capital gain will be chargeable in the hands of the successor. Accordingly, it is held that capital gain is not chargeable

THE COMMISSIONER OF INCOME TAX vs. LATE KHOOBCHAND M MAKHIJA

The appeals are dismissed

Bench: N.KUMAR,RATHNAKALA

capital gain or the unutilized capital gain chargeable under Section 45 is to be offered for tax only in the previous

THE PR COMMISSIONER OF INCOME TAX vs. SMT SAROJINI M KUSHE

Appeal stands dismissed

Bench: S.SUJATHA,HANCHATE SANJEEVKUMAR

Capital gains. 45. (1) Any profits or gains arising from the transfer of a capital asset effected in the previous

COMMISSIONER OF INCOME TAX vs. M/S.WINTAC LTD.,

The appeal is allowed in part

Bench: B.MANOHAR,DILIP B.BHOSALE

capital gains tax and not consideration received towards sale of capital asset, liable to capital gains tax.” 10. We have

THE COMMISSIONER OF INCOME TAX vs. MRS SHAKUNTALA DEVI

Appeal is hereby dismissed

Bench: ARAVIND KUMAR,JAYANT PATEL

capital gain is equal to or less than the cost of the new asset, the capital gain shall not be charged

M/S NANDI STEELS LIMITED vs. THE ASSISTANT COMMISSIONER OF INCOME TAX

In the result, the findings

Bench: ALOK ARADHE,R. NATARAJ

gains of business or profession. E.- Capital gains. F.- Income from other sources. A.- 15 Salaries. 28. Profits and gains

PR COMMISSIONER OF WEALTH TAX-6 vs. M R KODANDRAM

Appeals stand dismissed

Bench: RAVI MALIMATH,ASHOK S.KINAGI

Capital gains. 45. (1) Any profits or gains arising from the transfer of a capital asset effected in the previous

ANTONY PARAKAL KURIAN vs. ASSISTANT COMMISSIONER OF INCOME TAX

Appeal is allowed in part

Bench: S.SUJATHA,S RACHAIAH

capital gain arises from the transfer of a long- term capital asset, being buildings or lands appurtenant thereto, and being

THE COMMISSIONER OF INCOME TAX vs. M/S ASSOCIATED ELECTRONIC AND ELCTRICAL

The appeal stands dismissed

Bench: S.SUJATHA,VINEET SARAN

capital gains’. Section 45[1] of the Act reads as under: “45. Capital Gains: (1) Any profits or gains arising

P VIKRAM MAIYA vs. THE ASSISTANT COMMISSIONER OF INCOME TAX

Accordingly, writ petition is allowed

Bench: S.SUJATHA

capital gain tax as long term capital gains. 4. Subsequently, the learned Assessing Officer had issued the notice dated 09.01.2014 under

P ARVIND MAIYA vs. THE ASSISTANT COMMISSIONER OF INCOME TAX

Accordingly, writ petition is allowed

Bench: S.SUJATHA

capital gain tax as long term capital gains. 4. Subsequently, the learned Assessing Officer had issued the notice dated 09.01.2014 under

THE COMMISSIONER OF INCOME TAX vs. M/S SHASTHA PHARMA LABORATORIES

The appeal is dismissed

Bench: N.KUMAR,RATHNAKALA

gains arising from the transfer of a capital asset by way of distribution of capital assets on the dissolution of a firm

THE PR. COMMISSIONER OF INCOME TAX vs. MRS. VANAJA MATTHEN

The appeal is dismissed

Bench: This Court, Questioning The Order Dated 25.01.2017 In

capital gain as bears to be whole of the capital gain the same proportion as the cost of the new asset

M/S BHORUKA ENGINEERING INDS. LTD vs. THE DEPUTY COMMISSIONER OF INCOME TAX

Appeal is allowed

Bench: B.MANOHAR,N.KUMAR

capital gains is required to be computed as a short term capital gains and consequently the appellant was liable to be taxed

THE COMMISSIONER OF INCOME TAX vs. M/S. ABB LTD

In the result, appeal stands dismissed

Bench: S.SUJATHA,RAVI V HOSMANI

gain from the transfer of a bundle of asset on a slump basis is not - 12 - chargeable to capital gain

PR COMMISSIONER OF INCOME TAX vs. M/S IND SING DEVELOPERS P LTD

The appeal is dismissed

Bench: B.V.NAGARATHNA,JAYANT PATEL

capital asset. (4) The profits or gains arising from the transfer of a capital asset by way of distribution of capital