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8 results for “house property”+ Section 260clear

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Karnataka586Mumbai412Delhi390Bangalore215Jaipur81Telangana52Calcutta51Ahmedabad47Pune36Visakhapatnam29Chandigarh29Hyderabad28Kolkata26Cuttack26Chennai23Cochin17Lucknow14Indore14Rajkot14Surat12SC10Nagpur8Varanasi7Agra4Amritsar4Allahabad4Rajasthan3Jabalpur2Andhra Pradesh2Jodhpur2H.L. DATTU S.A. BOBDE1Himachal Pradesh1Patna1Punjab & Haryana1Raipur1ANIL R. DAVE SHIVA KIRTI SINGH1

Key Topics

Section 26317Section 143(3)11Section 271A7Section 685Section 54F4Addition to Income4Section 132(4)3Section 80P(2)2Section 80P2

SMT . RAJANI SURENDRA ADAMANE ,NAGPUR vs. INCOME TAX OFFICER WARD 6(1), NAGPUR

In the result, Assessee’s appeal is allowed in the aforesaid terms

ITA 103/NAG/2020[2011-12]Status: DisposedITAT Nagpur25 Sept 2025AY 2011-12

Bench: Shri Narender Kumar Choudhrysmt. Rajani Surendra Ito, Ward-4(4), Nagpur Adamane, Plot No.30, Near Ghodke School Surendra Vs. Nagar, Hudkeshwar Road, Nagpur-440024. Pan: Alapa 9897 L (Appellant) (Respondent)

For Appellant: Shri Bhavesh Moryani, Ld. AdvFor Respondent: Shri Surjit Kumar Saha, Ld. Sr.D.R
Section 250Section 50CSection 54(2)Section 54F

house of the assessee is purchased jointly with his wife. In the case of CIT Vs. Natrajan, (2007) 287 ITR 271 (Mad), though this case was decided in relation to Section 54 of the Act, the said Section is pari materia of Section 54F(1) of the Act. Likewise, the Punjab & Haryana High Court in the case

Deduction2

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

260 Taxman 372 (SC). 5. After considering the contents of the application seeking condonation of delay and the averments made in the Affidavit and the case laws relied upon by him, we are of the opinion that no mal fide intention can be thrust upon the assessee for the delay in filing of appeal and we are satisfied that

SUFALAM INFRA PROJECTS LTD ,NAGPUR vs. PR. CIT (CENTRAL ), NAGPUR

In the result, the departmental appeal is dismissed

ITA 97/NAG/2019[2014-15]Status: DisposedITAT Nagpur29 Jul 2024AY 2014-15

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

For Appellant: Shri Kapil Hirani, Adv &For Respondent: Shri Kailash C. Kanojiya, CTI DR
Section 143(3)Section 263Section 68

house property', in respect of which there was a sharp divergence of opinion amongst the High Courts, was clarificatory and declaratory in nature and consequently retrospective. Similarly, in Brij Mohan Das Laxman Das v. CIT (1997) 90 Taxman 41 (SC), explanation 2 added to section 40of the Act was held to be declaratory in nature and, therefore, retrospective. (Reference Page

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(1), NAGPUR, NAGPUR vs. M/S. SUFLAM INFRA PROJECT LTD, NAGPUR

In the result, the departmental appeal is dismissed

ITA 46/NAG/2021[2014-15]Status: DisposedITAT Nagpur29 Jul 2024AY 2014-15

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

For Appellant: Shri Kapil Hirani, Adv &For Respondent: Shri Kailash C. Kanojiya, CTI DR
Section 143(3)Section 263Section 68

house property', in respect of which there was a sharp divergence of opinion amongst the High Courts, was clarificatory and declaratory in nature and consequently retrospective. Similarly, in Brij Mohan Das Laxman Das v. CIT (1997) 90 Taxman 41 (SC), explanation 2 added to section 40of the Act was held to be declaratory in nature and, therefore, retrospective. (Reference Page

SHRI SUNIL RAISONI,,NAGPUR vs. D.C.I.T. CENTRALCIRCLE 2(3), NAGPUR

In the result, these appeal filed by the assessees stand allowed

ITA 593/NAG/2016[2008-09]Status: DisposedITAT Nagpur18 Jan 2017AY 2008-09

Bench: Shri Shamim Yahya.

For Appellant: Shri Mukesh AgrawalFor Respondent: Shri A.R. Ninawe
Section 132Section 132(4)Section 139(1)Section 143(3)Section 271A

260 DCIT v. Rajendra Prasad Dhoknla. (Ahd. Trib.) 77 DTR 244 Pramod Kumar Jain v. DCIT (Ctk. Trib.). 146 ITD 152 (Del.) Neerat Singh v/s ACIT. ITA No.3371/Del/2011 Smt. Raj Rani Gupta v. DCIT. (Del.ITAT) ITA No.5261/Del/2013 Brij Bhushan Singal v. Dept.of I.T.(Del.ITAT). ITA No.1052/Ahd/2012 DCIT v. Sulochanadevi Agrawal (Ahd. Trib.). ITA No.6763/Mum/2011 ACIT v. Kanakia Spaces Pvt.Ltd

I.T.O. WARD -3(5), NAGPUR vs. SHRI MUKUNDRAO GOVINDRAO MANKAR, KATOL

In the result, Revenue’s appeal is dismissed

ITA 223/NAG/2015[2010-11]Status: DisposedITAT Nagpur28 Jun 2017AY 2010-11

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

For Appellant: Shri K.P. DewaniFor Respondent: Shri A.R. Ninawe
Section 131Section 56(2)(vi)Section 56(2)(vii)

260. The Assessing Officer noted that the assessee acquired a residential flat at Adarsh Co–operative Housing Society and that the major source of payment with regard to the said investment was borrowings from one M/s. Landscaper Realtors Pvt. Ltd. (LRPL) and from his son. The Assessing Officer further noted that the total payment made by the assessee to Adarsh

ASSTT.COMMISSIONER OF INCOME TAX CIRCLE-5, NAGPUR vs. THE NIRMAL UJWAL CREDIT CO-OP SOCIETY LTD, NAGPUR

In the result, appeal filed by the Revenue for the assessment year

ITA 390/NAG/2019[2012-13]Status: HeardITAT Nagpur27 Nov 2024AY 2012-13

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

For Appellant: Shri Manoj G. MoryaniFor Respondent: Shri Vikash Agrawal
Section 139(1)Section 143(1)Section 143(2)Section 80PSection 80P(2)

260/-. 16. The another important aspect which deserves to be appreciated is that the Assessing Officer has erred in drawing reference from section 44AD. Section 44AD is a section for presumptive taxation, where in the statute has provided a threshold limit of Rs. 2 Cr. If it exceeds Rs. 2.00 Cr. Then the person require maintain the regular books

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