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4 results for “capital gains”+ Section 249clear

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Key Topics

Section 1476Section 10(37)6Section 1486Addition to Income4Natural Justice4Section 1443Section 692Section 56(2)(vii)2Section 271(1)(c)2

USHA YADAV,LUCKNOW vs. INCOME TAX OFFICER RANGE 6(2), LUCKNOW

In the result, both appeals of the assessee are allowed for statistical purposes

ITA 249/LKW/2024[2013-14]Status: DisposedITAT Lucknow09 Dec 2025AY 2013-14

Bench: Shri Kul Bharat & Shri Nikhil Choudhary

For Appellant: Shri Dharmendra Kumar, CAFor Respondent: Shri R. R. N. Shukla, Addl. CIT(DR)
Section 10(37)Section 139(1)Section 144Section 147Section 148Section 2(14)(iii)Section 271(1)(c)

Section 10(37) of Income e Tax Act, 19611 is; reproduced as under: “In the case of an ‘assesses, being an individual or a Hindu Undivided Family, any income chargeable under the head “Capital gains” arising from the transfer of agricultural land where- ITA. Nos. 249

Section 2(14)(iii)2

USHA YADAV,LUCKNOW vs. INCOME TAX OFFICER RANGE 6(2), LUCKNOW

In the result, both appeals of the assessee are allowed for statistical purposes

ITA 251/LKW/2024[2013-14]Status: DisposedITAT Lucknow09 Dec 2025AY 2013-14

Bench: Shri Kul Bharat & Shri Nikhil Choudhary

For Appellant: Shri Dharmendra Kumar, CAFor Respondent: Shri R. R. N. Shukla, Addl. CIT(DR)
Section 10(37)Section 139(1)Section 144Section 147Section 148Section 2(14)(iii)Section 271(1)(c)

Section 10(37) of Income e Tax Act, 19611 is; reproduced as under: “In the case of an ‘assesses, being an individual or a Hindu Undivided Family, any income chargeable under the head “Capital gains” arising from the transfer of agricultural land where- ITA. Nos. 249

ARUN KUMAR MAURYA,LUCKNOW vs. ITO-2(1), LUCKNOW

In the result, the appeal of the assessee is allowed for statistical purposes

ITA 415/LKW/2023[2014-15]Status: DisposedITAT Lucknow30 Mar 2026AY 2014-15

Bench: Shri Kul Bharat & Shri Anadee Nath Misshra

Section 143(2)Section 147Section 50CSection 56Section 56(2)Section 56(2)(vii)Section 69

capital gains would not be assessable at the hands of the firm, yet for the reasons stated in the preceding paragraph that in the absence of notice under Section 143(2) reassessment could not be held to be validly made . Thus, we have no hesitation in setting aside the order of the Tribunal.” (E.1.5) In the case of Pr. Commissioner

AMITA SINGH,LUCKNOW vs. ITO RANGE-6(1), LUCKNOW

In the result, the appeal of the assessee is partly allowed for statistical purposes

ITA 441/LKW/2024[2015-16]Status: DisposedITAT Lucknow06 Feb 2025AY 2015-16

Bench: Shri Sudhanshu Srivastava & Shri Anadee Nath Misshra

Section 144Section 144ASection 147Section 249(3)

Capital Gain and the cost of Acquisition and cost of Improvement ought to have been allowed from the Sale Consideration. 5. That the Authorities below erred on facts and in law in not allowing the credit of TDS of Rs.1,30,000/- deducted on Sale of Immoveable Property which is duly reflected in Form 26AS. 6. The present additions made