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6 results for “capital gains”+ Section 271D(2)clear

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Key Topics

Section 1050Section 2506Section 143(2)5Exemption5Disallowance5Section 732

ACIT, CIRCLE - 6(2), KOLKATA vs. M/S. NAGREEKA SYNTHETICS PVT. LTD., KOLKATA

In the result, the appeal of the revenue is allowed for statistical purposes and the cross-objection by the assessee are dismissed

ITA 427/KOL/2019[2009-10]Status: DisposedITAT Kolkata09 Nov 2023AY 2009-10

Bench: Shri Sanjay Garg, Hon’Ble & Dr. Manish Borad, Hon’Blei.T.A. No. 427/Kol/2019 Assessment Year: 2009-10 Asst. Commissioner Of Income Tax, M/S. Nagreeka Synthetics Pvt. Ltd. Circle-6(2), Kolkata Vs 6Th Floor, Jain Chamber 18, R.N. Mukherjee Road Kolkata - 700001 [Pan : Aaacn8691D] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) C.O. No. 19/Kol/2021 Assessment Year: 2009-10 M/S. Nagreeka Synthetics Pvt. Ltd. Asst. Commissioner Of Income 6Th Floor, Jain Chamber Vs Tax, Circle-6(2), Kolkata 18, R.N. Mukherjee Road Kolkata - 700001 [Pan : Aaacn8691D] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee By : Shri S.D. Verma, Advocate Revenue By : Shri Abhijit Kundu, Cit D/R सुनवाई क" तारीख/Date Of Hearing : 05/09/2023 घोषणा क" तारीख /Date Of Pronouncement: 09/11/2023 आदेश/O R D E R Per Dr. Manish Borad: The Present Appeal Is Directed At The Instance Of The Revenue Against The Order Of The Learned Commissioner Of Income Tax (Appeals)- 4, Kolkata (Hereinafter The “Ld. Cit(A)”) Dt. 21/06/2018, Passed U/S 250 Of The Income Tax Act, 1961 (“The Act”) For The Assessment Year 2009- 10. The Assessee Has Filed A Cross-Objection Being C.O. No. 19/Kol/2021. 2. The Registry Has Pointed Out That There Is A Delay Of 965 Days In Filing The Cross-Objection By The Assessee. The Assessee Has Filed A 2

For Appellant: Shri S.D. Verma, AdvocateFor Respondent: Shri Abhijit Kundu, CIT D/R
Section 143(1)Section 143(3)
Section 148
Section 2(22)(e)
Section 250
Section 73

capital gains and income from other sources and w.e.f. 01/04/2015, even the companies whose principle business is that of trading in shares and that of banking or of granting of loans and advance then in case of such companies other than those referred above, it along with its main 5 I.T.A. No. 427/Kol/2019 Assessment Year: 2009-10 C.O. No. 19/Kol/2021

ROSHAN AGARWAL,SIKKIM vs. DCIT, CENTRAL CIRCLE 3(2),, GANGTOK

ITA 1739/KOL/2025[2013-2014]Status: DisposedITAT Kolkata13 Jan 2026AY 2013-2014

Bench: SHRI RAJESH KUMAR, ACCOUNTANT MEMBER SHRI PRADIP KUMAR CHOUBEY (Judicial Member)

Section 10Section 143(2)Section 250

capital gain and disallowance u/s 14A of the Act are also covered in favour of the assessee as the income from all sources in the State of Sikkim is exempt. Consequently, the appeals are allowed. 15. The only issue raised by the assessee is against the confirmation of penalty of Rs. 35,00,056/- as made

ROSHAN AGARWAL,SIKKIM vs. DCIT, CENTRAL CIRCLE 3(2),, GANGTOK

ITA 1740/KOL/2025[2014-2015]Status: DisposedITAT Kolkata13 Jan 2026AY 2014-2015

Bench: SHRI RAJESH KUMAR, ACCOUNTANT MEMBER SHRI PRADIP KUMAR CHOUBEY (Judicial Member)

Section 10Section 143(2)Section 250

capital gain and disallowance u/s 14A of the Act are also covered in favour of the assessee as the income from all sources in the State of Sikkim is exempt. Consequently, the appeals are allowed. 15. The only issue raised by the assessee is against the confirmation of penalty of Rs. 35,00,056/- as made

ROSHAN AGARWAL,SIKKIM vs. DCIT, CENTRAL CIRCLE 3(2),, GANGTOK

ITA 1741/KOL/2025[2015-2016]Status: DisposedITAT Kolkata13 Jan 2026AY 2015-2016

Bench: SHRI RAJESH KUMAR, ACCOUNTANT MEMBER SHRI PRADIP KUMAR CHOUBEY (Judicial Member)

Section 10Section 143(2)Section 250

capital gain and disallowance u/s 14A of the Act are also covered in favour of the assessee as the income from all sources in the State of Sikkim is exempt. Consequently, the appeals are allowed. 15. The only issue raised by the assessee is against the confirmation of penalty of Rs. 35,00,056/- as made

ROSHAN AGARWAL,SIKKIM vs. DCIT, CENTRAL CIRCLE 3(2),, GANGTOK

ITA 1742/KOL/2025[2017-2018]Status: DisposedITAT Kolkata13 Jan 2026AY 2017-2018

Bench: SHRI RAJESH KUMAR, ACCOUNTANT MEMBER SHRI PRADIP KUMAR CHOUBEY (Judicial Member)

Section 10Section 143(2)Section 250

capital gain and disallowance u/s 14A of the Act are also covered in favour of the assessee as the income from all sources in the State of Sikkim is exempt. Consequently, the appeals are allowed. 15. The only issue raised by the assessee is against the confirmation of penalty of Rs. 35,00,056/- as made

ROSHAN AGARWAL,SIKKIM vs. DCIT, CENTRAL CIRCLE 3(2),, GANGTOK

ITA 1743/KOL/2025[2021-2022]Status: DisposedITAT Kolkata13 Jan 2026AY 2021-2022

Bench: SHRI RAJESH KUMAR, ACCOUNTANT MEMBER SHRI PRADIP KUMAR CHOUBEY (Judicial Member)

Section 10Section 143(2)Section 250

capital gain and disallowance u/s 14A of the Act are also covered in favour of the assessee as the income from all sources in the State of Sikkim is exempt. Consequently, the appeals are allowed. 15. The only issue raised by the assessee is against the confirmation of penalty of Rs. 35,00,056/- as made