SRI. P S SESHADRI. vs. THE CHIEF COMMISSIONER OF INCOME TAX

In the result, this petition is allowed in part

Bench: The Hon'Ble Mr.Justice Ram Mohan Reddy

term specified asset is less than the capital gain arising from the transfer of the original asset, so much of the capital gain as bears to the whole of the capital gain the same proportion as the cost of acquisition of the long

LAHAR SINGH SIROYA vs. THE ASSISTANT COMMISSIONER OF INCOME TAX

The appeal stands allowed

Bench: S.SUJATHA,VINEET SARAN

term capital gains, instead of long term capital gains as had been claimed by the assessee

THE COMMISSIONER OF INCOME TAX vs. MRS SHAKUNTALA DEVI

Appeal is hereby dismissed

Bench: ARAVIND KUMAR,JAYANT PATEL

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

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

Appeal is allowed

Bench: B.MANOHAR,N.KUMAR

long-term capital gains arising on sale of shares under Section 10(38) of the Act. Therefore, they

THE COMMISSIONER OF INCOME TAX vs. SMT PADMAVATHY

The appeal is dismissed

Bench: B.MANOHAR,K.SREEDHAR RAO

term capital gain has arisen on the sale of land. Therefore it cannot be said that the amount invested in the Specified Securities are qualified for deduction under Section 54EA of the Act. 9. Section 54EA of the Act reads as under: 54EA. (1) Where the capital gain arises from the transfer of a long

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

THE COMMISSIONER OF INCOME TAX vs. M/S HMA DATA SYSTEMS P LTD.,

Bench: ARAVIND KUMAR,MOHAN M. SHANTANAGOUDAR

long term capital gain of `20,51,66,634/- in its return of income. However, the assessee was denied

M/S HMA DATA SYSTEM P LTD., vs. THE DEPUTY COMMISSIONER OF INCOME TAX

Bench: ARAVIND KUMAR,MOHAN M. SHANTANAGOUDAR

long term capital gain of `20,51,66,634/- in its return of income. However, the assessee was denied

COMMISSIONER OF INCOME TAX-III vs. M/S SUBHASH KABINI POWER CORPORATION LIMITED

Bench: B.V.NAGARATHNA,JAYANT PATEL

long term capital gain and short term capital gain separately. But the Tribunal ultimately arrived at a conclusion

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

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

COMMISSIONER OF INCOME TAX vs. SHRI D M PURNESH

Bench: ALOK ARADHE,RAVI V HOSMANI

long term capital gain made by assessing authority relating to Rs.2,94,26,600/- as long term capital

COMMISSIONER OF INCOME TAX vs. M/S GMR HOLDINGS PVT LTD.,

The appeal is dismissed

Bench: S.SUJATHA,VINEET KOTHARI

term capital gain or long term capital gain. The said provision reads as under: “71 (2) Where

THE COMMISSIONER OF INCOME TAX vs. LATE KHOOBCHAND M MAKHIJA

The appeals are dismissed

Bench: N.KUMAR,RATHNAKALA

capital gain arises - 12 - from the transfer of a long-term capital asset, being buildings or lands

THE COMMISSIONER OF INCOME TAX vs. M/S KHIVRAJ MOTORS

Appeal is hereby dismissed;

Bench: ARAVIND KUMAR,VINEET SARAN

capital gains as shown and calculated by the assessee came to be accepted and addition of Rs.53,26,567/- made by the Assessing Officer came to be deleted. 4. Revenue carried the matter in appeal before the Tribunal which did not find favour and accordingly it was held that Long Term

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 arises from the transfer of any long term capital asset, not being a residential house

THE COMMISSIONER OF INCOME TAX vs. M/S WEIZMANN HOMES LTD

Bench: B.MANOHAR,N.KUMAR

capital [and of the general reserves] of the corporation [or, as the case may be, the company], no allowance under this clause shall be made in respect of such excess. [Explanation.- In this clause.- (a) …........ (b) …........ (c) …........ (d) …........ [(e) “long-term finance” means any loan or advance where the terms under which moneys are loaned or advanced provide

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

In the result, order of the

Bench: ALOK ARADHE,HEMANT CHANDANGOUDAR

capital gain arises from the transfer of any long term capital asset, not being a residential house