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5 results for “section 68”+ Section 142A(6)clear

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Delhi45Chandigarh43Jaipur20Agra17Bangalore13Hyderabad10Indore9Nagpur7Kolkata6Raipur6Mumbai6Lucknow5Visakhapatnam3SC3Chennai2Jodhpur1Jabalpur1Ahmedabad1Surat1Karnataka1

Key Topics

Section 253(3)4Section 142(1)4Condonation of Delay4Section 1323Search & Seizure3Section 143(2)2

VINAI SHUKLA,LUCKNOW vs. ACIT-1, LUCKNOW NEW, LUCKNOW

In the result, the appeal of the assessee is partly allowed

ITA 624/LKW/2024[2017-18]Status: DisposedITAT Lucknow12 Sept 2025AY 2017-18

Bench: Shri Kul Bharat & Shri Nikhil Choudharyआयकर अपील सं/ Ita No.624/Lkw/2024 ननिाारण वर्ा/ Assessment Year: 2017-18 Vinai Shukla V. Acit-1, Lucknow New 2/280, Vikas Khand Gomti Lucknow Nagar, Lucknow-226010. Pratyaksh Kar Bhawan, Lucknow-226001. Pan:Asnps3558C अपीलार्थी/(Appellant) प्रत्यर्थी/(Respondent) अपीलार्थी कक और से/Appellant By: Ms Shweta Mittal, Ca प्रत्यर्थी कक और से /Respondent By: Shri Prajesh Srivastava, Sr. Dr सुनवाई कक तारीख / Date Of Hearing: 21 08 2025 घोर्णा कक तारीख/ Date Of 12 09 2025 Pronouncement: आदेश / O R D E R

For Appellant: Ms Shweta Mittal, CAFor Respondent: Shri Prajesh Srivastava, Sr. DR
Section 143(2)Section 153Section 50C

68,000/- on account of Long Term Capital Gain and assessed total income at Rs.1,41,36,990/-. Aggrieved against this, the assessee carried the matter an appeal before the Ld. CIT(A), who after considering the submissions dismissed the appeal of the assessee. Now, the assessee is in appeal before this Tribunal. 3. The assessee has taken multiples grounds

RAKESH KUMAR PANDEY,GONDA vs. DCIT/ACIT (CENTRAL)-2, LUCKNOW

In the result, the outcome of the appeals and Cross Objections are as under:

ITA 349/LKW/2025[2016-17]Status: DisposedITAT Lucknow11 Dec 2025AY 2016-17

Bench: Shri Anadee Nath Misshra & Shri Subhash Malguria

Section 132Section 253(3)

68,08,35,131 17,03,38,176 10.13 11% 10.13% Addition on extra profit deleted. 2022-23 2,82,59,71,973 28,50,48,173 11% 9.68% Addition on extra profit deleted. That during the course of search proceeding in statement recorded u/s 132(4), dated 05/06.02.2022 assessee admitted following – That percentage of net profit shown

RAKESH KUMAR PANDEY,GONDA vs. DCIT/ACIT (CENTRAL)-2, LUCKNOW

In the result, the outcome of the appeals and Cross Objections are as under:

ITA 351/LKW/2025[2018-19]Status: DisposedITAT Lucknow11 Dec 2025AY 2018-19

Bench: Shri Anadee Nath Misshra & Shri Subhash Malguria

Section 132Section 253(3)

68,08,35,131 17,03,38,176 10.13 11% 10.13% Addition on extra profit deleted. 2022-23 2,82,59,71,973 28,50,48,173 11% 9.68% Addition on extra profit deleted. That during the course of search proceeding in statement recorded u/s 132(4), dated 05/06.02.2022 assessee admitted following – That percentage of net profit shown

ACIT, CENTRAL CIRCLE-II, LUCKNOW, LUCKNOW vs. RAKESH KUMAR PANDEY, GONDA U.P.

In the result, the outcome of the appeals and Cross Objections are as under:

ITA 460/LKW/2025[2017-18]Status: DisposedITAT Lucknow11 Dec 2025AY 2017-18

Bench: Shri Anadee Nath Misshra & Shri Subhash Malguria

Section 132Section 253(3)

68,08,35,131 17,03,38,176 10.13 11% 10.13% Addition on extra profit deleted. 2022-23 2,82,59,71,973 28,50,48,173 11% 9.68% Addition on extra profit deleted. That during the course of search proceeding in statement recorded u/s 132(4), dated 05/06.02.2022 assessee admitted following – That percentage of net profit shown

RAKESH KUMAR PANDEY,GONDA vs. DCIT/ACIT(CENTRAL)-2, LUCKNOW

ITA 350/LKW/2025[2017-18]Status: DisposedITAT Lucknow11 Dec 2025AY 2017-18
Section 142(1)Section 143(2)Section 147Section 250Section 253(3)

68,08,35,131\n17,03,38,176\n10.13\n11%\n10.13%\n2022-23\n2,82,59,71,973\n28,50,48,173\n11%\n9.68%\nAddition on extra profit\ndeleted.\nThat during the course of search proceeding in statement recorded u/s \n132(4), dated 05/06.02.2022 assessee admitted following –\nThat percentage of net profit shown of M/s Alok Construction is \napproximately 6