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3 results for “capital gains”+ Section 2(24)(x)clear

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Key Topics

Section 1485Section 1473Addition to Income3Section 133(6)2Section 50C2Section 271D2

DOLLY GHOSH,BHAGALPUR vs. ACIT CENTRAL CIRCLE 1 PATNA, PATNA

In the result, the appeal of the assessee is allowed

ITA 182/PAT/2022[2012-13]Status: DisposedITAT Patna08 Oct 2024AY 2012-13

Bench: Shri Rajpal Yadav, Vice-(Kz) & Dr. Manish Borad

Section 142(1)Section 143(2)Section 143(3)Section 147Section 148Section 234ASection 269SSection 269TSection 271DSection 271E

24)"income" includes— (i)profits and gains; (ii)dividend; (iia)voluntary contributions received by a trust created wholly or partly for charitable or religious purposes or by an institution established wholly or partly for such purposes or by an association or institution referred to in clause (21) or clause (23), or by a fund or trust or institution referred

HARI NARAYAN GUPTA (HUF),PATNA vs. ITO, WARD- 6 (5), PATNA

In the result, the appeal of the assessee is allowed

ITA 384/PAT/2024[2011-12]Status: DisposedITAT Patna23 Feb 2026AY 2011-12
Section 133(6)Section 148Section 2(47)(v)Section 50C

24,260/-. Thereafter, the case of the assessee was reopened u/s\n147 of the Act by issuing notice u/s 148 of the Act on 18.12.2018, for\nthe reason that the income of the assessee to the tune of\n1,33,85,300/- from Long-Term Capital Gain, arising from and with\nrespect to Land Development Agreement (LDA) dated 04.08.2010,\nbetween

VINOD YADAV,PATNA vs. ITO, WARD- 6 (3), PATNA

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

ITA 398/PAT/2025[2014-15]Status: DisposedITAT Patna23 Feb 2026AY 2014-15
For Appellant: Shri Mahendra Chowdhary, ARFor Respondent: Shri Ashwani Kr. Singal, DR
Section 133(6)Section 147Section 148Section 2(47)(ii)Section 50CSection 53A

Section 53A of transfer of property\nAct and capital gain has arisen from transfer of property u/s 2(47)(ii)\n& 24(47)(v) of the Act. The assessee filed the written submission\nbefore the Id. AO however, finally, the Id. AO computed the capital gain\narising from the said transfer at ₹3,45,79,350/- as under:-\n1) Total