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8 results for “capital gains”+ Demonetizationclear

Sorted by relevance

Chennai71Jaipur40Panaji29Hyderabad27Delhi23Bangalore17Mumbai17Visakhapatnam13Ahmedabad12Kolkata8Pune8Lucknow7Agra6Rajkot5Cuttack5Surat4Amritsar3Indore3Jodhpur3Raipur3Dehradun2Chandigarh2Cochin1Patna1

Key Topics

Section 56(2)(x)9Addition to Income8Section 686Cash Deposit6Section 143(2)5Section 1545Demonetization5Section 454Section 69A3Section 115B

RAJKAMAL STONE METAL WORKS,AMBEGAON KHURD, DIST. PUNE vs. ACIT CIRCLE 5 PUNE, PUNE

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

ITA 691/PUN/2024[2017-18]Status: DisposedITAT Pune25 Oct 2024AY 2017-18

Bench: Shri R. K. Panda & Ms Astha Chandraassessment Year : 2017-18

For Appellant: Shri Nikhil S PathakFor Respondent: Shri Arvind Desai, Addl. CIT DR
Section 142(1)Section 2(47)Section 45Section 47

demonetized currency to M/s. Shaheed Lt. Col Prakash Patil Petroleum.” 3. Accordingly, statutory notices u/s 142(1) of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) were issued and served on the assessee to which, the AR of the assessee appeared before the Assessing Officer from time to time and filed the requisite details. 4. During

3
Section 1443
Disallowance2

TATYASAHEB NARAYAN LAGAD,PUNE vs. ITO WARD 6(2), PUNE

In the result, the appeal filed by the assessee is partly allowed

ITA 1587/PUN/2024[2017-18]Status: DisposedITAT Pune09 Apr 2025AY 2017-18

Bench: Shri R. K. Panda & Ms. Astha Chandraassessment Year : 2017-18 Tatyasaheb Narayan Lagad Ito, Ward 6(2), Pune B-504, Crossover Country, Sinhagad Vs. Road, Wadgaon Khurd, Pune – 411041 Pan: Acypl2714L (Appellant) (Respondent) Assessee By : Shri Suhas Bora Department By : Shri Vishwas Mundhe Date Of Hearing : 20-02-2025 Date Of Pronouncement : 09-04-2025 O R D E R

For Appellant: Shri Suhas BoraFor Respondent: Shri Vishwas Mundhe
Section 143(2)Section 69A

Capital Gains, and income from other sources and deposited cash of Rs.21,40,780/- in Sant Sopan Sahakari Bank Limited during the demonetization

MRS SHANTABAI JASRAJ LODHA,AHMEDNAGAR vs. INCOME TAX OFFICER, WARD-1, AHMEDNAGAR, AHMEDNAGAR

In the result, the appeal of assessee is allowed for statistical purposes

ITA 1389/PUN/2023[2017-18]Status: DisposedITAT Pune16 Jan 2024AY 2017-18

Bench: the AO as follows:

For Appellant: NoneFor Respondent: Shri Sourabh Nayak

demonetization period. It was contended by the assessee before the AO as follows: “5. In response to this, the assessee has filed online reply on 23.09.2019 and stated is as under:- MY husband sold HUF agricultural land to Saibaba Sansthan Trust Shirdi in the year 2006-07 and he had filed I.T. return for that period and paid capital gain

LATIKA SAKHARAM PATIL,RAJASTHAN vs. THE INCOME TAX OFFICER, WARD-1(1), JALGAON

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

ITA 2749/PUN/2024[2017-18]Status: DisposedITAT Pune27 Feb 2025AY 2017-18

Bench: Shri R. K. Panda & Ms. Astha Chandraassessment Year : 2017-18

For Appellant: Shri Vipul Khandhar (Virtual)For Respondent: Shri Vishwas Mundhe
Section 143(2)Section 147Section 148Section 54Section 56(1)Section 56(2)(x)

capital gain and claimed deduction u/s 54 of the I.T. Act Therefore, the Ld. AO made the impugned addition of the difference amount of Rs.17,76,450/- as income other from other sources u/s 56(2)(x) of the I.T. Act, 1961 to the total income of the assessee. 3 During the course of appellant proceedings, the appellant has submitted

NILESH POPATLAL GADA,PUNE vs. INCOME TAX OFFICER WARD 2(4) , PUNE

In the result, appeal of the assessee is Partly Allowed

ITA 1538/PUN/2024[2017-18]Status: DisposedITAT Pune20 Dec 2024AY 2017-18

Bench: DR.DIPAK P. RIPOTE (Accountant Member), SHRI VINAY BHAMORE (Judicial Member)

Section 115BSection 250Section 68

capital gain, income from other sources and agricultural 5 income. The Assessing Officer(AO) in the assessment order observed that assessee had deposited cash in the bank account between 11.11.2016 to 01.12.2016 as under: Date Name of Bank Account Amount(Rs.) 10-11-2016 Corporation Bank 2,00,000/- 11-11-2016 Corporation Bank

DHIRAJ RAMAN BHUJBAL,PUNE vs. ITO WARD 3(3) PUNE, PUNE

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

ITA 908/PUN/2024[2017-18]Status: DisposedITAT Pune31 Jul 2024AY 2017-18

Bench: Shri Satbeer Singh Godara & Shri Inturi Rama Rao

For Appellant: NoneFor Respondent: Shri Keyur Patel, CIT-DR
Section 139(1)Section 143(2)Section 144Section 148Section 246ASection 250(4)Section 250(6)Section 251Section 251(1)(a)

demonetization period from 08.11.2016 to 31.12.2016 and the assessee along with his brother Mr. Suraj Raman Bhujbal had sold an 2 immovable property situated at Mauje Kothrud, Pune for sale consideration of Rs.1,00,00,000/-. Statutory notices u/s. 143(2) and 142(1) were issued to the appellant calling upon the assessee to furnish the information relating to source

SHRI SHAASHI RAKESH PATODIA,PUNE vs. INCOME TAX OFFICER, CIRCLE-4, PUNE, PUNE

In the result, the appeal of assessee is allowed for statistical purpose

ITA 633/PUN/2023[2017-18]Status: DisposedITAT Pune09 Aug 2023AY 2017-18

Bench: Shri Inturi Rama Rao & Shri S.S. Viswanethra Ravi

For Appellant: Shri V.L. JainFor Respondent: Shri M.G. Jasnani
Section 115BSection 133(6)Section 143(2)Section 69A

capital gain for the year under consideration. The assessee filed return of income declaring a total income of Rs.99,60,230/-. Notices u/s. 143(2) and 142(1) of the Act were issued and in response to the which the assessee replied electronically through e-proceedings facility. According to the AO, cash deposits to an extent of Rs.7

MAGARAJ MISHRIMAL RATHI,PUNE vs. ACIT, CIRCLE-5, PUNE, PUNE

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

ITA 734/PUN/2024[2017-18]Status: DisposedITAT Pune10 Oct 2024AY 2017-18

Bench: SHRI R. K. PANDA (Vice President), SHRI VINAY BHAMORE (Judicial Member)

For Appellant: Shri Suhas P. Bora
Section 10Section 143(2)Section 144Section 154Section 68

gains. The case was selected under scrutiny through CASS and accordingly notices u/s 143(2) and 142(1) were issued to the assessee through ITBA portal. Since the assessee did not responded, a final show cause notice was issued and due to non- compliance from the side of the assessee, the Assessing Officer proceeded to pass ex-parte assessment order