THE COMMISSIONER OF INCOME TAX vs. LATE KHOOBCHAND M MAKHIJA

The appeals are dismissed

Bench: N.KUMAR,RATHNAKALA

exemption under Section 54(2) of the Act, to the extent of unutilized deposit in the capital gain account as claimed

ANTONY PARAKAL KURIAN vs. ASSISTANT COMMISSIONER OF INCOME TAX

Appeal is allowed in part

Bench: S.SUJATHA,S RACHAIAH

exemption under section 54F, is perverse and contrary to law? 4 2. The assessee, a salaried person working in M/s IGUS India Private Limited, had filed a return of income showing the capital gains

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

Bench: S.SUJATHA,VINEET KOTHARI

exemption from tax in the form of Clause(xiii) by taking out such transfers of capital assets from partnership firm to limited company out of the ambit and scope of transfer attracting capital gains

KIDS CLINIC INDIA PRIVATE LIMITED

Bench: KRISHNA S DIXIT

exemption from tax in the form of Clause(xiii) by taking out such transfers of capital assets from partnership firm to limited company out of the ambit and scope of transfer attracting capital gains

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

In the result, the findings

Bench: ALOK ARADHE,R. NATARAJ

capital gains and not upon their non inclusion under the heading "Business". The limited scope of the earlier decision was explained by this court in Commissioner of Income Tax vs. Chugandas & Co. Therein this court held that interest from securities formed part of the assessee's business income of the purpose exemption

P ARVIND MAIYA vs. THE ASSISTANT COMMISSIONER OF INCOME TAX

Accordingly, writ petition is allowed

Bench: S.SUJATHA

capital gain offered by the assessee, Rs.1,50,00,000/- after claiming the applicable exemptions against the receipt of consideration

P VIKRAM MAIYA vs. THE ASSISTANT COMMISSIONER OF INCOME TAX

Accordingly, writ petition is allowed

Bench: S.SUJATHA

capital gain offered by the assessee, Rs.1,50,00,000/- after claiming the applicable exemptions against the receipt of consideration

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

Appeal is allowed

Bench: B.MANOHAR,N.KUMAR

exempt from taxation under Section 10 (38) of the Act. 6. The assessing authority proposed to bring to tax the gain arising on the sale of the shares as short term capital

DR(SMT) SUJATHA RAMESH vs. CENTRAL BOARD OF DIRECT TAXES

Bench: The Hon'Ble Dr.Justice Vineet Kothari

exemption from Capital Gain Tax in respect of immovable property sold by her during the Assessment Year 2013-14 which

GOPAL S. PANDIT vs. THE COMMISSIONER OF INCOME TAX

Bench: S.SUJATHA,VINEET KOTHARI

exemption claimed u/s 54B of the I.T.Act. 5.9.2. In the return of income filed, the assessee computed the short term capital gain

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

In the result, appeal stands dismissed

Bench: S.SUJATHA,RAVI V HOSMANI

capital gains, in view of B.C.Srinivasa Setty supra, the Revenue has made an attempt to treat the technical know-how as goodwill in the second round. 15. This reasoning of the Tribunal cannot be faulted with, in the light of the judgment of the Hon'ble Apex Court in B.C.Srinivasa Setty supra. The gain from transfer of business by implication

THE COMMISSIONER OF INCOME TAX vs. SMT PADMAVATHY

The appeal is dismissed

Bench: B.MANOHAR,K.SREEDHAR RAO

exemption under Section 54EA is concerned. Even though the assessee has not received the sale consideration in cash pursuant to the agreement, she has received six flats as consideration. The sale consideration of three flats was invested in the long 6 term capital gain

MR.M.GEORGE JOSEPH vs. DY.COMMISSIONER OF INCOMET TAX OFFICER

In the result, order of the

Bench: ALOK ARADHE,HEMANT CHANDANGOUDAR

Capital Gains. The assessee filed return of income on 31.07.2009 for the Assessment Year 2009-10 and declared total income of Rs.28,39,63,455/- and claimed exemption

THE COMMISSIONER OF INCOME TAX vs. M/S CHAITANYA PROPERTIES PVT LTD.,

The appeal is dismissed

Bench: S.SUJATHA,JAYANT PATEL

capital gain that has to be brought to tax which in his opinion has escaped assessment. 14. On the facts as narrated above and on the basis of provisions of section 147 as well as proviso to section 147 of the Act, the ld. counsel for the assessee contended as follows:- a) Initiation of reassessment proceedings

COMMISSIONER OF INCOME TAX (APPEALS) vs. M/S POST & BSNL EMPLOYEES

The appeal is dismissed

Bench: N.KUMAR,RATHNAKALA

capital gain that has to be brought to tax which in his opinion has escaped assessment. 14. On the facts as narrated above and on the basis of provisions of section 147 as well as proviso to section 147 of the Act, the ld. counsel for the assessee contended as follows:- a) Initiation of reassessment proceedings

SMT JOSHNA RAJENDRA vs. THE INCOME TAX OFFICER

Accordingly, it stands dismissed

Bench: ARAVIND KUMAR,SURAJ GOVINDARAJ

capital gains or claimed exemption from capital gains tax. As such, it came to be held by Assessing Officer that

THE COMMISSIONER OF INCOME TAX vs. SHRI. HOSAGRAHAR

Appeal stands dismissed

Bench: SATISH CHANDRA SHARMA,SURAJ GOVINDARAJ

capital gains, the assessee has claimed exemption under Section 54F by investment in residential property at New York. The assessee

PROF. P.N. SHETTY vs. OFFICE OF THE INCOME TAX OFFICER

Bench: The

Capital Gain Account Scheme, 1988. A return of income for the assessment year 2013-14 was filed on 14th July, 2013 by claiming exemption