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2 results for “capital gains”+ Section 928clear

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Section 2634Capital Gains2Revision u/s 2632

M/S EMBASSY BRINDAVAN DEVELOPERS vs. THE COMMISSIONER OF INCOME TAX

Appeal is allowed

ITA/713/2017HC Karnataka13 Sept 2022

Bench: P.S.DINESH KUMAR,UMESH M ADIGA

Section 260Section 263

928/- was made. 4. On 05.03.2013, the CIT(A), Bangalore IV, passed an order under Section 263 of the Income Tax Act, 1961 ('IT Act' for short), setting-aside the Assessment order and remanded the matter to the Assessing Officer for fresh assessment. Pursuant thereto, the Assessing Officer passed fresh order on 18.04.2013 and completed the assessment by treating

SRI M SHANTHA KUMAR vs. THE COMMISSIONER OF INCOME TAX-II

WP/2176/2012HC Karnataka26 Nov 2012

Bench: The Hon'Ble Mr. Justice H.G.Ramesh Writ Petition Nos.2176 & 11524/2012 (T-It) Between: Sri M Shantha Kumar Aged About 63 Years S/O Muniyappa Proprietor M/S Satya Hospital No.1, 1933/1, 1934 Kammanahalli Main Road Bangalore 560 084 ...Petitioner (By Sri. Maheshkiran Shetty, Advocate) And: 1 The Commissioner Of Income Tax-Ii Queens Road, Bangalore 2 The Deputy Commissioner Of Income Tax, Circle 5(1) Mission Road, Bangalore. ...Respondents (By Sri. Jeevan J Neeralgi, Advocate For R1& R2) These Writ Petitions Are Filed Under Articles 226 & 227 Of The Constitution Of India Praying To Quash The Order Passed By The 1St Respondent Dated 05.04.2010 Vide Annexure G & Etc. These Writ Petitions Coming On For Preliminary Hearing, This Day, The Court Made The Following:

Section 271(1)(c)

Section 271(1)(c) of the Income Tax Act, 1961 (iv) the order dated 16.12.2010 (Annexure-L) passed by the Appellate Authority in the appeal filed against the aforesaid order of penalty dated 19.05.2010. 2. I have heard the learned counsel for the petitioner and the learned Standing Counsel for the respondents. 3. The sole contention urged by the learned