THE PRINCIPAL COMMISSIONER OF INCOME TAX, vs. SMT.GRACY BABU,

Bench: HONOURABLE DR. JUSTICE A.K.JAYASANKARAN NAMBIAR,HONOURABLE MR. JUSTICE SYAM KUMAR V.M.

exempted from capital gains by the statute could be taxed as a casual or non-recurring receipt under section 10(3) read

THE PRINCIPAL COMMISSIONER OF INCOME TAX vs. REENA JOSE

Bench: HONOURABLE DR. JUSTICE A.K.JAYASANKARAN NAMBIAR,HONOURABLE MR. JUSTICE SYAM KUMAR V.M.

exempted from capital gains by the statute could be taxed as a casual or non-recurring receipt under section 10(3) read

THE PRINCIPAL COMMISSIONER OF INCOME TAX, vs. GRACY BABU,

Bench: HONOURABLE DR. JUSTICE A.K.JAYASANKARAN NAMBIAR,HONOURABLE MR. JUSTICE SYAM KUMAR V.M.

exempted from capital gains by the statute could be taxed as a casual or non-recurring receipt under section 10(3) read

THE COMMISSIONER OF INCOME TAX-1, KOCHI vs. M/S.COCHIN MALABAR ESTATES & INDUSTRIES LTD.

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE BASANT BALAJI

exemption from payment of capital gains tax on the sale consideration received from the sale of schedule property from KSIDC

M/S. APPOLO TYRES LTD. vs. THE DEPUTY COMMISSIONER OF INCOME-TAX

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS

gain. The case of the assessee is that the assessee is entitled to claim set-off for the loss booked on sale of shares etc., against the income earned from the sale of a long term asset, under Section 70(3) of the Act. The assessee, it is claimed, is entitled to have any loss arising on account of transfer

JIK GEORGE vs. THE INCOME TAX OFFICER, WARD-2

Appeal is dismissed

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE BASANT BALAJI

exemption from capital gains as the property sold was the agricultural land situated beyond the limit prescribed in Panchayath.” 5. The counsel

THE MEENACHIL CO-OPERATIVE AGRICULTURAL & RURAL DEVELOPMENT BANK LTD. vs. THE INCOME TAX OFFICER

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE BASANT BALAJI

exemption from capital gains on the purchase of a residential house'. This has come up for interpretation in many cases

THE MEENACHIL CO-OPERATIVE AGRICULTURAL AND RURAL DEVELOPMENT BANK LTD., vs. THE INCOME TAX OFFICER,

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE BASANT BALAJI

exemption from capital gains on the purchase of a residential house'. This has come up for interpretation in many cases

M/S.KOTTAYAM CO-OPERATIVE AGRICULTURAL & RURAL DEVELOPMENT BANK LTD. vs. THE INCOME TAX OFFICER

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE BASANT BALAJI

exemption from capital gains on the purchase of a residential house'. This has come up for interpretation in many cases

THE COMMISSIONER OF INCOME TAX, vs. DHANALAKSHMI BANK LTD., TRICHUR

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS

capital gain, the entire I.T.A. No.485/2009 -12- claim of Rs.30 lakhs cannot be allowed in an order purported to be a rectification order on the ground that it is made a mistake in the earlier order assuming wrongly that it has the power to restrict the allowance to a reasonable extent. In this way, I am of the opinion that