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6 results for “house property”+ Section 158clear

Sorted by relevance

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Key Topics

Section 54F16Section 547Section 271(1)(c)5Section 683Addition to Income3Exemption3Deduction3Section 139(1)2Section 143(3)2Penalty

SANJAY GULABCHAND GUPTA,NAGPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX,CIRCLE-4, NAGPUR

In the result, appeal by the assessee stands dismissed

ITA 210/NAG/2023[2017-18]Status: DisposedITAT Nagpur14 Feb 2025AY 2017-18

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

For Appellant: Smt. Veena AgrawalFor Respondent: Shri Abhay Y. Marathe
Section 143(2)Section 54Section 54F

section is on investment of net consideration received on sale of original asset and start construction of a new residential house. It is on record and admitted fact that construction started in Asst Year 2015-16 and culminated in Asst Year 2017-18. In course of this period the Assessee claimed exemption u/s 54F for gain on two different properties

SHRI RAJESH MOOLCHAND DAYARAMANI,,NAGPUR vs. ACIT-CIRCLE-8,, NAGPUR

2
Unexplained Investment2
Cash Deposit2

In the result, assessee’s appeal is allowed

ITA 293/NAG/2014[2009-10]Status: DisposedITAT Nagpur28 Jun 2017AY 2009-10

Bench: Shri P.K. Bansal & Shri Amarjit Singh

For Appellant: Shri K.P. DewaniFor Respondent: Shri A.R. Ninawe
Section 271(1)(c)Section 54FSection 54F(1)

properties for the purpose of calculation of capital gain. 5. Being aggrieved by the imposition of penalty under section 271(1)(c) of the Act, the assessee filed appeal before the first appellate authority, wherein, the learned Commissioner (Appeals) has confirmed the penalty imposed by the Assessing Officer. The assessee feeling aggrieved filed appeal before us. 6. Before

SHRI PRAVEEN MANOHAR GHODKHANDE,,NAGPUR vs. ITO, WARD- 1(2),, NAGPUR

Appeal is allowed

ITA 124/NAG/2017[2008-09]Status: HeardITAT Nagpur16 Nov 2022AY 2008-09

Bench: Shri Satbeer Singh Godara & Dr. Dipak P. Ripote

For Appellant: For Revenue : Shri G.J. NinaweFor Respondent: Shri G.J. Ninawe
Section 2Section 271Section 271(1)(c)Section 54

property within prescribed period. 4.4. After perusal of entire material on records, AO is found justified in imposing penalty at minimum rate of tax 5 ITA.No.124/Nag./2017 Sh Praveen Manohar Ghodkhande, Nagpur. sought to be evaded. Penalty of Rs.1,35,000/- is, hereby, confirmed.” 5. The Revenue herein supported the impugned penalty by quoting the assessment as well

SMT RAJKUMARI DHARAMPAL AGRAWAL,NAGPUR vs. A,C.I.T CENT CIR. 1(2), NAGPUR

In the result, assessee’s appeal stands partly allowed

ITA 235/NAG/2016[2011-12]Status: DisposedITAT Nagpur15 May 2025AY 2011-12

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

For Appellant: Shri Sachin V. LuthraFor Respondent: Shri Harshad S. Vengurlekar
Section 139(1)Section 143(3)

House Property. 3. Any other ground of appeal that may be raised at the time of hearing of the appeal.” 37. In this case, the assessee, for the year under consideration, filed its return of income on 29/09/2011, under section 139(1) of the Income Tax Act, 1961 ("the Act") disclosing total income of ` 15,03,450 and agricultural income

A,C.I.T. CENTRAL CIR.- 2(2), NAGPUR vs. SMT. RAJKUMARI DHARAMPAL AGRAWAL, NAGPUR

In the result, assessee’s appeal stands partly allowed

ITA 289/NAG/2016[2011-12]Status: DisposedITAT Nagpur15 May 2025AY 2011-12

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

For Appellant: Shri Sachin V. LuthraFor Respondent: Shri Harshad S. Vengurlekar
Section 139(1)Section 143(3)

House Property. 3. Any other ground of appeal that may be raised at the time of hearing of the appeal.” 37. In this case, the assessee, for the year under consideration, filed its return of income on 29/09/2011, under section 139(1) of the Income Tax Act, 1961 ("the Act") disclosing total income of ` 15,03,450 and agricultural income

RAVINDRA MADANLAL KHANDELWAL,AKOLA vs. DCIT/ACIT CIRCLE , AKOLA

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

ITA 375/NAG/2024[2018-19]Status: DisposedITAT Nagpur18 Nov 2024AY 2018-19

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

For Appellant: Shri Mahavir AtalFor Respondent: Shri Sandipkumar Salunke
Section 142(1)Section 143Section 144BSection 68

property of the tax payer, however, same can be easily fetched by the department by issue of summons. j) Copy of documentary evidences to substantiate genuineness of the lenders:- The fact that the transaction was indeed in a realm of a loan, is apparent from the fact that almost all the loans borrowed from the third parties were repaid