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34 results for “condonation of delay”+ Long Term Capital Gainsclear

Sorted by relevance

Mumbai405Chennai348Kolkata184Delhi165Ahmedabad152Bangalore144Hyderabad112Jaipur107Karnataka100Pune82Calcutta66Chandigarh50Surat50Indore48Lucknow45Nagpur34Panaji32Cuttack27Patna22Visakhapatnam21Rajkot20Raipur18Cochin16Agra12Varanasi10Ranchi9SC7Guwahati7Amritsar6Jabalpur5Jodhpur4Dehradun3Telangana3A.K. SIKRI N.V. RAMANA1Orissa1Andhra Pradesh1Allahabad1

Key Topics

Section 153C86Section 26349Section 153A25Section 50C23Addition to Income21Section 25017Condonation of Delay17Section 143(3)16Long Term Capital Gains

VINAY RAMSHARANDAS AGRAWAL,NAGPUR vs. PRINCIPAL COMMISSIONER OF INCOME TAX-II, NAGPUR

In the result, appeal by the assessee stands allowed

ITA 110/NAG/2023[2017-18]Status: DisposedITAT Nagpur21 Mar 2025AY 2017-18

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

For Appellant: Shri Kishore P. DewaniFor Respondent: Shri Sandipkumar Salunke
Section 143(3)Section 263

condone the delay and admit the same for adjudication on merits. 6. Insofar as the merits of the case are concerned, the facts are, the assessee is an Individual. For the year under consideration, on 31/01/2018, the assessee filed his return of income electronically, disclosing total income of ` 12,96,33,940. During the course of regular assessment framed under

LATA SHARADRAO KHADSE,NAGPUR vs. ITO WD3(4), NAGPUR

In the result, appeal filed by the assessee is allowed for statistical purposes

Showing 1–20 of 34 · Page 1 of 2

15
Section 14811
Limitation/Time-bar11
Section 1478
ITA 549/NAG/2025[2014-15]Status: DisposedITAT Nagpur17 Oct 2025AY 2014-15

Bench: Shripavan Kumar Gadale

For Appellant: Shri.Krishnakumar Gupta. ARFor Respondent: Shri Surjit Kumar Saha.Sr.DR
Section 2(14)Section 250(6)Section 50C

long term capital gains (sale consideratgion in assessee’s share) of Rs.6,01,397/– and similarly made addition of Rs.24,000/- and assessed the total income of Rs.6,25,400/- and passed the order u/sec143(3)r.w.s.147 dated 23/12/2019. Aggrieved by the order, the assessee has filed the appeal before the CIT(A). 5. In appellate proceedings

ALKESH SHARADRAOJI KHADSE,NAGPUR vs. ITO WARD 3(4), NAGPUR

In the result, appeal filed by the assessee is allowed for statistical purposes

ITA 544/NAG/2025[2014-15]Status: DisposedITAT Nagpur17 Oct 2025AY 2014-15

Bench: Shripavan Kumar Gadale

For Appellant: Shri.Krishnakumar Gupta. ARFor Respondent: Shri Surjit Kumar Saha.Sr.DR
Section 2(14)Section 250(6)Section 50C

long term capital gains (sale consideratgion in assessee’s share) of Rs.6,01,397/– and similarly made addition of Rs.24,000/- and assessed the total income of Rs.6,25,400/- and passed the order u/sec143(3)r.w.s.147 dated 23/12/2019. Aggrieved by the order, the assessee has filed the appeal before the CIT(A). 5. In appellate proceedings

LATA SHARADRAO KHADSE,NAGPUR vs. A.O. WARD 3(4), NAGPUR, NAGPUR

In the result, appeal filed by the assessee is allowed for statistical purposes

ITA 537/NAG/2025[2015-16]Status: DisposedITAT Nagpur17 Oct 2025AY 2015-16

Bench: Shripavan Kumar Gadale

For Appellant: Shri.Krishnakumar Gupta. ARFor Respondent: Shri Surjit Kumar Saha.Sr.DR
Section 2(14)Section 250(6)Section 50C

long term capital gains (sale consideratgion in assessee’s share) of Rs.6,01,397/– and similarly made addition of Rs.24,000/- and assessed the total income of Rs.6,25,400/- and passed the order u/sec143(3)r.w.s.147 dated 23/12/2019. Aggrieved by the order, the assessee has filed the appeal before the CIT(A). 5. In appellate proceedings

ALKESH SHARADRAOJI KHADSE,NAGPUR vs. A.O. WARD 3(4),NAGPUR, NAGPUR

In the result, appeal filed by the assessee is allowed for statistical purposes

ITA 536/NAG/2025[2015-16]Status: DisposedITAT Nagpur17 Oct 2025AY 2015-16

Bench: Shripavan Kumar Gadale

For Appellant: Shri.Krishnakumar Gupta. ARFor Respondent: Shri Surjit Kumar Saha.Sr.DR
Section 2(14)Section 250(6)Section 50C

long term capital gains (sale consideratgion in assessee’s share) of Rs.6,01,397/– and similarly made addition of Rs.24,000/- and assessed the total income of Rs.6,25,400/- and passed the order u/sec143(3)r.w.s.147 dated 23/12/2019. Aggrieved by the order, the assessee has filed the appeal before the CIT(A). 5. In appellate proceedings

PAWAN SHARADRAO KHADSE,NAGPUR vs. A.O. WARD 3(4), NAGPUR, NAGPUR

In the result, appeal filed by the assessee is allowed for statistical purposes

ITA 534/NAG/2025[2015-16]Status: DisposedITAT Nagpur17 Oct 2025AY 2015-16

Bench: Shripavan Kumar Gadale

For Appellant: Shri.Krishnakumar Gupta. ARFor Respondent: Shri Surjit Kumar Saha.Sr.DR
Section 2(14)Section 250(6)Section 50C

long term capital gains (sale consideratgion in assessee’s share) of Rs.6,01,397/– and similarly made addition of Rs.24,000/- and assessed the total income of Rs.6,25,400/- and passed the order u/sec143(3)r.w.s.147 dated 23/12/2019. Aggrieved by the order, the assessee has filed the appeal before the CIT(A). 5. In appellate proceedings

SIMA RAVISINGH KACHHAWAH,UMRER vs. ITO WARD 3(4), NAGPUR

In the result, appeal filed by the assessee is allowed for statistical purposes

ITA 418/NAG/2025[2018-19]Status: DisposedITAT Nagpur09 Oct 2025AY 2018-19

Bench: Shripavan Kumar Gadalesima Ravisingh Kachhawah, Girad Road, Om Nagar Umrer, ……………. Appellant Nagpur- 441203 Maharastra, Pan – Aqmpk2899K V/S Income Tax Officer ……………. Respondent Ward–3(4), Nagpur Assessee By: Shri.D.P. Lohiya.Ar Revenue By :Shri Surjit Kumar Saha.Sr.Dr

For Appellant: Shri.D.P. Lohiya.ARFor Respondent: Shri Surjit Kumar Saha.Sr.DR
Section 144Section 147Section 148Section 250Section 270A(9)Section 272(1)(d)Section 44ASection 50CSection 80C

long term capital gain under deeming provisions despite the fact that the amount pertained to regular real estate business activity. The basis of the assumption is not only arbitrary but also totally irrational having no nexus with the supporting evidences submitted by the assessee during the course of the proceedings before the authorities. 13.On the facts and circumstances

ANANT RAMRAO CHAVAN,AMRAVATI vs. INCOME TAX OFFICER, WARD-1, AMRAVATI

In the result, appeal filed by the assessee is allowed for statistical purposes

ITA 476/NAG/2024[2014-15]Status: DisposedITAT Nagpur26 Dec 2024AY 2014-15

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

For Appellant: NoneFor Respondent: Shri Abhay Y. Marathe
Section 143(3)Section 147Section 234ASection 250

Long Term Capital Gain on sale of immovable asset ignoring the situation of its conversion into industrial purposes in earlier years without giving sufficient opportunity in the interest of justice which is unjustified and unwarranted. 5. The learned A.O./CIT(A) ought to have given the benefits of cost of inflation index while attracting the provisions of capital gain

SHUBHANGI PRAVIN NIDHAN,NAGPUR vs. ITO WARD 3(4), NAGPUR

In the result, the appeal filed by the assessee is allowed for statistical purposes

ITA 545/NAG/2025[2014-15]Status: DisposedITAT Nagpur15 Oct 2025AY 2014-15

Bench: Shri Pavan Kumar Gadale

For Appellant: Shri.Krishnakumar Gupta.A.RFor Respondent: Shri Surjit Kumar Saha.Sr.DR
Section 2(14)Section 250(6)Section 50C

delay is condoned and the appeals are admitted. 3. The brief facts of the case are that, the assessee has not filed return of income for A.Y.2014-15 and the Assessing Officer has received information that the assessee along with eleven other co–owners have sole two properties during F.Y. 2013–14 and there is variation in the fair market value

SHUBHANGI PRAVIN NIDHAN,NAGPUR vs. A.O., WARD 3(4), NAGPUR, NAGPUR

In the result, the appeal filed by the assessee is allowed for statistical purposes

ITA 535/NAG/2025[2015-16]Status: DisposedITAT Nagpur15 Oct 2025AY 2015-16

Bench: Shri Pavan Kumar Gadale

For Appellant: Shri.Krishnakumar Gupta.A.RFor Respondent: Shri Surjit Kumar Saha.Sr.DR
Section 2(14)Section 250(6)Section 50C

delay is condoned and the appeals are admitted. 3. The brief facts of the case are that, the assessee has not filed return of income for A.Y.2014-15 and the Assessing Officer has received information that the assessee along with eleven other co–owners have sole two properties during F.Y. 2013–14 and there is variation in the fair market value

SHRI PRALHAD CHODHARY ,NAGPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE -1(3), NAGPUR

In the result, appeal of the assessee is allowed

ITA 164/NAG/2019[2007-08]Status: DisposedITAT Nagpur25 Jan 2024AY 2007-08

Bench: Shri S.S.Godara & Dr. Dipak P. Ripoteआयकर अपील सं. / Ita No.164/Nag/2019 िनधा"रण वष" / Assessment Year : 2007-08 Shri Pralhadchodhary, The Assistant Commissioner Choudhary Bhawan, V Of Income Tax, Central Sakkardara, S Circle-1(3), Nagpur. Nagpur – 440032. Pan: Ahepc0847Q Appellant/ Assessee Respondent/Revenue Assessee By Shri Umang Agrawal – Ar Revenue By Shri Kailash G. Kanojiya – Cit(Dr) Date Of Hearing 23/01/2024 Date Of Pronouncement 25/01/2024 आदेश/ Order Per Dr. Dipak P. Ripote, Am: This Is An Appeal Filed By The Assessee Against The Common Order Of Ld.Commissioner Of Income Tax(Appeals)-1, Nagpur Dated 18.03.2013 Emanating From Assessment Order Under Section 153C R.W.S143(3) Dated 29.12.2010 For A.Y.2007-08. The Grounds Of Appeal Raised By The Assessee Are As Under : Shri Pralhad Chodhary [A]

Section 132Section 153CSection 17Section 2(47)(v)

Long-Term Capital Gain Tax. Accordingly, appeal of the assessee is allowed. Condonation of Delay: 8. There is delay in filing

FATTESING PUNAJI DHABRE,NAGPUR vs. PRINCIPAL COMMISSIONER INCOME TAX – 2, NAGPUR

In the result, this appeal of assessee is allowed

ITA 368/NAG/2022[2011-12]Status: DisposedITAT Nagpur24 Feb 2026AY 2011-12

Bench: Shri Pawan Singh & Shri Khettra Mohan Roy(Physical Hearing) Fattesing Punaji Dhabre Pcit – 2, Nagpur Plot No. 132, Chandan Nagar, Post Vs Aayakar Bhawan, Civil Lines, Hanuman Nagar, Nagpur, Maharashtra – 440001. Maharashtra – 440009. [Pan: Bacpd6505Q] Appellant / Assessee Respondent / Revenue Assessee By Shri Madhav Vichare, Ca Revenue By Shri Pankaj Kumar, Cit–Dr Date Of Hearing 17.02.2026 Date Of Pronouncement 24.02.2026 Order Under Section 254(1) Of Income Tax Act

Section 142(1)Section 143(2)Section 143(3)Section 148Section 254(1)Section 263Section 54B

long term capital gain remained unverified. The ld. PCIT was of the view that order passed by ld. Assessing Officer is erroneous and prejudicial to the interest of revenue. The details on record clearly indicates that issues and discrepancies were neither verified nor enquired by ld. Assessing Officer. The ld. Assessing Officer has not properly made necessary enquiries and verification

SMT REHANA KOTHAWALA ,NAGPUR vs. ACIT,CIRCLE-4, NAGPUR

In the result, appeal is allowed for statistical purposes

ITA 93/NAG/2020[2009-10]Status: DisposedITAT Nagpur12 Oct 2022AY 2009-10

Bench: Shri R.S. Syalनिर्धारण वषा / Assessment Year : 2009-10 Smt. Rehana Kothawala Vs. Acit, Circle M/S Supreme Marketing 4, Nagpur Sevasadan Building, C.A. Road, Nagpur – 440018 Pan: Ackpk1825F Appellant Respondent

long term capital gain into short term capital gain and assessed total income at the same level of Rs.29,38,080. The assessee preferred an appeal before the CIT(A), which was delayed by 37 days. On being called upon to explain the reasons, the assessee tendered an explanation. The ld. CIT(A) did not condone

SYED NAZIM MOINUDDIN QUAZI,NAGPUR vs. ITO WARD 2(3), NAGPUR, NAGPUR

In the result, the appeal filed by the assessee is allowed for statistical purposes

ITA 503/NAG/2025[2020 - 2021]Status: DisposedITAT Nagpur10 Oct 2025

Bench: Shri Pavan Kumar Gadalesayed Nazim Maoinuddin Quazi, Pltono.11–A & House Noquadri Enclave, Opp. Suri Laws Behind Police Line Takli ……………. Appellant Nagpur 440 013, Maharashtra. Pan–Aaapq2442A V/S Income Tax Officer ……………. Respondent Ward–2(3), Nagpur, Maharashtra. Assessee By:Ms.Alfiya Rozie, A.R. Revenue By :Shri Surjit Kumar Saha, Sr.Dr

For Appellant: Ms.Alfiya Rozie, A.RFor Respondent: Shri Surjit Kumar Saha, Sr.DR
Section 143(3)

delay is condoned and the appeal is admitted. 3. The brief facts of the case are that, the assessee has filed return of income for the A.Y. 2020–21 on 31.12.2020 disclosing a total income of Rs.6,65,330/–. Subsequently, the case was selected for scrutiny and the assessee has disclosed long term capital gain

MULCHAND JAGANATH RAGIT,NAGPUR vs. ITO WARD 3(4), NAGPUR

In the result, appeal filed by the assessee is allowed for statistical purposes

ITA 454/NAG/2025[2016-17]Status: DisposedITAT Nagpur10 Oct 2025AY 2016-17

Bench: Shri Pavan Kumar Gadale

For Appellant: Shri.Abhay Agrawal. A.RFor Respondent: Shri.Surjit Kumar Saha. Sr. D.R
Section 148Section 45

long-term capital gain. 5. The Appellant prays leave of the Hon'ble Tribunal to add, amend, alter any of the Grounds of Appeal.” 2. The Ld.AR submitted that there is a delay of 49 days in filing the appeal before the Hon’ble Tribunal and the assessee has filed an affidavit for condonation

MAYURA NILESH LATI,NAGPUR vs. ITO WARD 4(4), NAGPUR, NAGPUR

In the result, Assessee’s appeal is allowed for statistical purposes

ITA 96/NAG/2025[2015-2016]Status: DisposedITAT Nagpur26 Jun 2025AY 2015-2016

Bench: Shri Narender Kumar Choudhrymayura Nilesh Lati, Ito, Ward-4(4), Nagpur B-01, Padmanabh Residency, Plot No.16/B, Tilaknagar, Vs. Nawabarea Layout, Near Whc Road, Dharampeth, Nagpur. Pan: Aevpl 2151 E (Appellant) (Respondent)

For Appellant: Shri Yash Varma, Ld. CA throughFor Respondent: Shri Surjit Kumar Saha, Ld. Sr.D.R
Section 147Section 148Section 250Section 49(1)

delay 103 days in filing the appeal is hereby condoned. 5. Facts of the case in brief are that Assessee is an individual, house-wife and not filed return of income for the assessment year under consideration and she did not have any taxable income. The Assessing Officer noticed, on perusal of the information available with the Department, that Assessee

SHRI RAJESH SRICHAND UTTAMANI ,NAGPUR vs. A.CIT, CIRCLE-4, NAGPUR

Appeal is allowed

ITA 91/NAG/2020[2013-14]Status: DisposedITAT Nagpur28 Sept 2023AY 2013-14

Bench: Shri Satbeer Singh Godara & Dr. Dipak Ripote

For Appellant: -None-For Respondent: Dr. Kaumudi Patil, CIT-DR
Section 143(3)Section 50CSection 50C(1)

condone the delay of 59 days and proceed to decide the appeal on merits, after hearing the Learned DR. 3. We now advert to the assessee’s sole substantive issue of sec.50C addition of long term capital gains

ANNUVA INFRASTRUCTURE PRIVATE LIMITED,NAGPUR vs. THE INCOME TAX OFFICER WARD 4(4) NAGPUR, NAGPUR

In the result, Assessee’s appeal is allowed

ITA 84/NAG/2025[2011-2012]Status: DisposedITAT Nagpur23 Sept 2025AY 2011-2012

Bench: Shri Narender Kumar Choudhryannuva Infrastructure Pvt. Ito, Ward-4(4), Nagpur. Ltd., Plot No.1249, Near Sindhu Bhawan, Vs. Vaishali Nagar, Nagpur-440017. Pan: Aahca 0371 L (Appellant) (Respondent)

For Appellant: Shri Manoj Moriyani, Ld. AdvocateFor Respondent: Shri Surjit Kumar Saha, Ld. Sr.D.R
Section 131Section 147Section 148Section 250Section 68

delay involved is condoned. 3 5. Coming to the merits of the case, it is observed that the Assessee by filing its return of income on dated 18/12/2017 declared loss of Rs. 191/-. Subsequently, on the basis of search conducted at the residence and various premises of Mr. Shirish C. Shah, who happened to be main persons engaged in providing

KSHITIZ RAMPRASAD AGRAWAL,NAGPUR vs. THE INCOME TAX OFFICER, WARD 4(1), NAGPUR

In the result, appeal of the assessee is allowed for statistical purposes in terms as indicated above

ITA 102/NAG/2025[2013-2014]Status: DisposedITAT Nagpur17 Jun 2025AY 2013-2014

Bench: Shri Narender Kumar Choudhry & Shri K.M. Roy, Accountant, Member

For Appellant: Shri Kapil Hirani a/wFor Respondent: Shri Anand Nagrale
Section 250Section 68

condone the delay of 379 days. However, subject to deposit a sum of ` 11,000, (Rupees eleven thousand only) within 15 days from the date of this order in the Revenue Department under the “Other Head”. 6. Coming to the merits of the case, it appears from the impugned order that in spite of affording four opportunities, the assessee made

TAJSHREE AUTOWHEELS PRIVATE LIMITED,NAGPUR vs. ACIT CIRCLE-4, NAGPUR

In the result, assessee’s appeal is allowed for statistical purposes

ITA 400/NAG/2024[2014-15]Status: DisposedITAT Nagpur04 Mar 2025AY 2014-15

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

For Appellant: Shri Madhav VichoreFor Respondent: Shri Abhay Y. Marathe
Section 56(2)Section 56(2)(viib)

long term and short term funding requirements for the purpose of running its business. The capital has been raised by issuing certain number of shares at certain price, which is again within the domain of assessee to decide. The assessee in captioned case issued shares at premium based on the value decided by the board of Directors of the company