90 results for “capital gains”+ Section 220(2)clear
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Bench: Shri Rajesh Kumar, Am & Shripradip Kumar Choubey, Jm Abc India Limited Dcit, Circle 11(1) 40/8, Ballygunj, Circular Road, Aayakar Bhawan, Chowringhee Kolkata, West Bengal-700019 Square, Kolkata-700069 Vs. West Bengal (Appellant) (Respondent) Pan No. Aacca2035J Assessee By : Shri S.K. Pransukhka, Ar Revenue By : Shri Sanjib Kumar Paul, Dr Date Of Hearing: 16.02.2026 Date Of Pronouncement: 15.04.2026
2. The L'U CIT(A) erred in sustaining the addition made by ld. AO by computing the capital gain in the relevant year AY 22-23 in respect of sale of two offices in Mumbai whereas already offered for taxation in AY 16-17 when sale agreement was executed, consideration w received and possession was given ABC India Limited