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8 results for “section 68”+ Short Term Capital Gainsclear

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Mumbai2,080Delhi1,402Bangalore553Ahmedabad500Kolkata423Chennai395Jaipur385Hyderabad184Indore166Karnataka145Chandigarh142Surat133Pune133Raipur80Nagpur73Agra68Calcutta58Rajkot54Lucknow50Visakhapatnam43Cuttack41Guwahati38Panaji31Amritsar23Cochin20SC17Ranchi16Jodhpur13Telangana9Patna8Dehradun8Kerala6Jabalpur6Allahabad4Rajasthan4Andhra Pradesh1ASHOK BHAN DALVEER BHANDARI1Orissa1K.S. RADHAKRISHNAN A.K. SIKRI1

Key Topics

Section 153A15Section 2509Section 1488Addition to Income7Section 143(3)6Section 133A5Capital Gains5Reopening of Assessment5Search & Seizure5

AMAR KASERA (HUF),PATNA vs. ACIT CENTRAL CIRCLE-1, PATNA

In the result, all the captioned appeals of the assessee stand allowed

ITA 183/PAT/2023[2015-16]Status: DisposedITAT Patna29 Jan 2025AY 2015-16

Bench: Sri Sanjay Garg & Shri Sanjay Awasthi

Section 133ASection 143(3)Section 148Section 153ASection 250

short “GCM”) on which capital gains of Rs.50,29,839/- were earned, which were claimed Page 8 of 14 I.T.A. No.: 179 to 183/PAT/2023 Amar Kasera (HUF), AYs : 2011-12, 2013-14 to 2015-16 exempt from tax u/s. 10(38) of the Act. The assessment was carried out u/s. 143(3) of the Act. During the course of assessment

AMAR KASERA (HUF),PATNA vs. ACIT CENTRAL CIRCLE-1, PATNA

In the result, all the captioned appeals of the assessee stand allowed

Survey u/s 133A5
Section 1473
Section 115B2
ITA 181/PAT/2023[2014-15]Status: DisposedITAT Patna29 Jan 2025AY 2014-15

Bench: Sri Sanjay Garg & Shri Sanjay Awasthi

Section 133ASection 143(3)Section 148Section 153ASection 250

short “GCM”) on which capital gains of Rs.50,29,839/- were earned, which were claimed Page 8 of 14 I.T.A. No.: 179 to 183/PAT/2023 Amar Kasera (HUF), AYs : 2011-12, 2013-14 to 2015-16 exempt from tax u/s. 10(38) of the Act. The assessment was carried out u/s. 143(3) of the Act. During the course of assessment

AMAR KASERA (HUF),PATNA vs. ACIT CENTRAL CIRCLE-1, PATNA

In the result, all the captioned appeals of the assessee stand allowed

ITA 180/PAT/2023[2013-14]Status: DisposedITAT Patna29 Jan 2025AY 2013-14

Bench: Sri Sanjay Garg & Shri Sanjay Awasthi

Section 133ASection 143(3)Section 148Section 153ASection 250

short “GCM”) on which capital gains of Rs.50,29,839/- were earned, which were claimed Page 8 of 14 I.T.A. No.: 179 to 183/PAT/2023 Amar Kasera (HUF), AYs : 2011-12, 2013-14 to 2015-16 exempt from tax u/s. 10(38) of the Act. The assessment was carried out u/s. 143(3) of the Act. During the course of assessment

AMAR KASERA (HUF),PATNA vs. ACIT CENTRAL CIRCLE-1, PATNA

In the result, all the captioned appeals of the assessee stand allowed

ITA 182/PAT/2023[2015-16]Status: DisposedITAT Patna29 Jan 2025AY 2015-16

Bench: Sri Sanjay Garg & Shri Sanjay Awasthi

Section 133ASection 143(3)Section 148Section 153ASection 250

short “GCM”) on which capital gains of Rs.50,29,839/- were earned, which were claimed Page 8 of 14 I.T.A. No.: 179 to 183/PAT/2023 Amar Kasera (HUF), AYs : 2011-12, 2013-14 to 2015-16 exempt from tax u/s. 10(38) of the Act. The assessment was carried out u/s. 143(3) of the Act. During the course of assessment

AMAR KASERA (HUF),PATNA vs. ACIT CENTRAL CIRCLE-1, PATNA

In the result, all the captioned appeals of the assessee stand allowed

ITA 179/PAT/2023[2011-12]Status: DisposedITAT Patna29 Jan 2025AY 2011-12

Bench: Sri Sanjay Garg & Shri Sanjay Awasthi

Section 133ASection 143(3)Section 148Section 153ASection 250

short “GCM”) on which capital gains of Rs.50,29,839/- were earned, which were claimed Page 8 of 14 I.T.A. No.: 179 to 183/PAT/2023 Amar Kasera (HUF), AYs : 2011-12, 2013-14 to 2015-16 exempt from tax u/s. 10(38) of the Act. The assessment was carried out u/s. 143(3) of the Act. During the course of assessment

SITARAM SULTANIA,PATNA vs. DCIT/ACIT, CIR-6, PATNA, PATNA

Appeal of the assessee is partly allowed

ITA 11/PAT/2025[2010-11]Status: DisposedITAT Patna06 Jan 2026AY 2010-11

Bench: SHRI DUVVURU RL REDDY, VICE PRESIDENT SHRI RAJESH KUMAR (Accountant Member)

Section 147Section 148Section 250Section 50CSection 50C(2)

Section 50C(2) of the Act at Rs. 86,72,000/-. Accordingly, the Assessing Officer computed the short-term capital gain at Rs. 25,43,630/- on the basis of DVO report and added the same to the in- come of the assessee. We note that the DVO in its report dated 26.03.2015 categorically mentioned the method of valuation

ZAIMUR RAHMAN,EAST CHAMPARAN vs. INCOME TAX DEPARTMENT, NFAC, DELHI

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

ITA 321/PAT/2025[2015-16]Status: DisposedITAT Patna07 Oct 2025AY 2015-16

Bench: Shri Sonjoy Sarma & Shri Rakesh Mishra

Section 115BSection 144BSection 147Section 148Section 149Section 250Section 68Section 69A

68 of the Act for unexplained capital, ₹21,08,600/- for unsubstantiated agricultural income treated as income from other sources, ₹33,20,000/- for Short Term Capital Gain on sale of immovable property and the total income was computed at ₹4,62,56,388 /-. Aggrieved with the assessment order, the assessee filed an appeal before

ITO, WARD-2(1), PATNA vs. M/S SUN COMTECH PVT LTD, PATNA

In the result, the appeal filed by the Revenue is allowed

ITA 108/PAT/2020[2011-12]Status: DisposedITAT Patna24 Jun 2025AY 2011-12

Bench: Shri George Mathan & Shri Rakesh Mishra

Section 115JSection 143(3)Section 148Section 250

short ‘NMCE’) along with a report detailing modus operandi adopted for misusing NMCE platform for booking contrived losses through pre-mediated synchronized trade for the purpose of setting off genuine commodity profits. A list of such broker company/counter party clients was also provided by the Directorate and the name of the assessee’s brokers and related counter party clients figured