DEPUTY COMMISSIONER OF INCOME TAX, JALGAON vs. TARADEVI RATANLAL BAFNA, JALGAON

Section 10(38)\nand treating such long term capital gain as bogus.\n\n25. Referring to the decision of Hon'ble AP High Court in the case of M/s.\nManidhari Stainless Wire (P.) Ltd. vs. Union of India vide W.P. No.5917 of 2017,\norder dated 31.10.2017, copy of which is placed in the paper book, he submitted\nthat

DINESHKUMAR RAMCHANDRA TULSYAN (HUF),,NASHIK vs. INCOME-TAX OFFICER, WARD - 1(5),, NASHIK

In the result, both the appeals filed by the assessee are partly allowed

Bench: Shri R. K. Panda & Ms. Astha Chandraassessment Year : 2014-15 Dineshkumar Ramchandra Tulsyan (Huf) Ito, Ward 1(5), 214B, Laxmi Niwas, Mahatma Nagar, Vs. Nashik Nashik – 422007 Pan: Aachd5953R (Appellant) (Respondent) Assessment Year : 2014-15 Smt. Sumandevi Dineshkumar Tulsyan Ito, Ward 1(5), 214B, Laxmi Niwas, Mahatma Nagar, Vs. Nashik Nashik – 422007 Pan: Ackpt1322Q (Appellant) (Respondent)

capital gain as taxable and the learned Commissioner of Income Tax (Appeals)-1, Nashik has erred in confirming the same. 3. The learned Income Tax Officer, Ward 1(5), Nashik, has erred in making addition of Rs.1,00,97,902/- under section 68 of the Act and the learned Commissioner of Income Tax (Appeals)-1, Nashik, has erred in confirming

INCOME TAX OFFICER, WARD-1, JALNA, JALNA vs. ASHISH OMPRAKASH MANTRI, JALNA

In the result, all the appeals filed by the Revenue are dismissed

Bench: Shri R. K. Panda & Ms Astha Chandra

131 of the Act wherein specific questions were asked to him to which he had replied, the details of which are as under: “Q. 19. On verification of the Balance Sheets of Atul O Mantri it is seen that Long Term Capital Gains on Sale of Share is credited to Capital Account, the Details are as under

INCOME TAX OFFICER, WARD-1, JALNA, JALNA vs. PRAMILA OMPRAKASH MANTRI, JALNA

In the result, all the appeals filed by the Revenue are dismissed

Bench: Shri R. K. Panda & Ms Astha Chandra

131 of the Act wherein specific questions were asked to him to which he had replied, the details of which are as under: “Q. 19. On verification of the Balance Sheets of Atul O Mantri it is seen that Long Term Capital Gains on Sale of Share is credited to Capital Account, the Details are as under

INCOME TAX OFFICER, WARD-1, JALNA, JALNA vs. OMPRAKASH ASARAM MANTRI, JALNA

In the result, all the appeals filed by the Revenue are dismissed

Bench: Shri R. K. Panda & Ms Astha Chandra

131 of the Act wherein specific questions were asked to him to which he had replied, the details of which are as under: “Q. 19. On verification of the Balance Sheets of Atul O Mantri it is seen that Long Term Capital Gains on Sale of Share is credited to Capital Account, the Details are as under

INCOME TAX OFFICER, WARD-1, JALNA, JALNA vs. OMPRAKASH ASARAM MANTRI, JALNA

In the result, all the appeals filed by the Revenue are dismissed

Bench: Shri R. K. Panda & Ms Astha Chandra

131 of the Act wherein specific questions were asked to him to which he had replied, the details of which are as under: “Q. 19. On verification of the Balance Sheets of Atul O Mantri it is seen that Long Term Capital Gains on Sale of Share is credited to Capital Account, the Details are as under

INCOME TAX OFFICER, WARD-1, JALNA, JALNA vs. ATUL OMPRAKASH MANTRI, JALNA

In the result, all the appeals filed by the Revenue are dismissed

Bench: Shri R. K. Panda & Ms Astha Chandra

131 of the Act wherein specific questions were asked to him to which he had replied, the details of which are as under: “Q. 19. On verification of the Balance Sheets of Atul O Mantri it is seen that Long Term Capital Gains on Sale of Share is credited to Capital Account, the Details are as under

INCOME TAX OFFICER, WARD -1, JALNA, JALNA vs. PRAMILA OMPRAKASH MANTRI, JALNA

In the result, all the appeals filed by the Revenue are dismissed

Bench: Shri R. K. Panda & Ms Astha Chandra

131 of the Act wherein specific questions were asked to him to which he had replied, the details of which are as under: “Q. 19. On verification of the Balance Sheets of Atul O Mantri it is seen that Long Term Capital Gains on Sale of Share is credited to Capital Account, the Details are as under

INCOME TAX OFFICER, WARD-1, JALNA, JALNA vs. ATUL OMPRAKASH MANTRI, JALNA

In the result, all the appeals filed by the Revenue are dismissed

Bench: Shri R. K. Panda & Ms Astha Chandra

131 of the Act wherein specific questions were asked to him to which he had replied, the details of which are as under: “Q. 19. On verification of the Balance Sheets of Atul O Mantri it is seen that Long Term Capital Gains on Sale of Share is credited to Capital Account, the Details are as under

SMT. SUMANDEVI DINESHKUMAR TULSYAN,,NASHIK vs. INCOME-TAX OFFICER, WARD - 1(5),, NASHIK

capital gain as taxable\nand the learned Commissioner of Income Tax (Appeals)-1, Nashik has\nerred in confirming the same.\n3.\nThe learned Income Tax Officer, Ward 1(5), Nashik, has erred in making\naddition of Rs.1,00,97,902/- under section 68 of the Act and the learned\nCommissioner of Income Tax (Appeals)-1, Nashik, has erred in confirming

INCOME TAX OFFICER, WARD 1, JALNA, JALNA vs. ASHISH OMPRAKASH MANTRI, JALNA

131 of\nthe Act wherein specific questions were asked to him to which he had replied, the\ndetails of which are as under:\n“Q. 19. On verification of the Balance Sheets of Atul O Mantri it is seen that\nLong Term Capital Gains on Sale of Share is credited to Capital\nAccount, the Details are as under\nA.Y

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION, KOLHAPUR, KOLHAPUR

In the result, all the appeals filed by the assessee are partly allowed as per terms indicated hereinabove

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.1121 To 1126/Pun/2024 Assessment Years : 2012-13 To 2017-18

131 of the IT Act i) Shri Prakash G Bhandare ii) Shri Vijay Patil Shri Prakash G. Bhandare (Head Master of Chandrabai Bhauso Patil Madhyamik Vidyalaya) in his statement stated that he has never collected donations for the trust ever since he has been working for the school beginning from 2004. Similarly Shri Vijay Patil stated that he has never

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION, KOLHAPUR

In the result, all the appeals filed by the assessee are partly allowed as per terms indicated hereinabove

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.1121 To 1126/Pun/2024 Assessment Years : 2012-13 To 2017-18

131 of the IT Act i) Shri Prakash G Bhandare ii) Shri Vijay Patil Shri Prakash G. Bhandare (Head Master of Chandrabai Bhauso Patil Madhyamik Vidyalaya) in his statement stated that he has never collected donations for the trust ever since he has been working for the school beginning from 2004. Similarly Shri Vijay Patil stated that he has never

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION, KOLHAPUR, KOLHAPUR

In the result, all the appeals filed by the assessee are partly allowed as per terms indicated hereinabove

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.1121 To 1126/Pun/2024 Assessment Years : 2012-13 To 2017-18

131 of the IT Act i) Shri Prakash G Bhandare ii) Shri Vijay Patil Shri Prakash G. Bhandare (Head Master of Chandrabai Bhauso Patil Madhyamik Vidyalaya) in his statement stated that he has never collected donations for the trust ever since he has been working for the school beginning from 2004. Similarly Shri Vijay Patil stated that he has never

ITO, NASHIK vs. ANKIT NARESH TULSIAN, NASHIK

In the result, appeal of the Revenue is dismissed

Capital Gains (LTCG) of Rs.1,00,08,355/- from the sale of 200,000 shares of Mishkafin Finance and Trading Ltd. (MFTL), claiming exemption under Section 10(38). The Assessing Officer (AO) treated this as unexplained money under Section 69A and added it to the income.", "held": "The Tribunal held that the reassessment proceedings were initiated on a \"mere change

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION, KOLHAPUR

In the result, all the appeals filed by the assessee are\npartly allowed as per terms indicated hereinabove

131 of the IT Act\ni)\nShri Prakash G Bhandare\nii)\nShri Vijay Patil\nShri Prakash G. Bhandare (Head Master of Chandrabai Bhauso\nPatil Madhyamik Vidyalaya) in his statement stated that he has\nnever collected donations for the trust ever since he has been\nworking for the school beginning from 2004. Similarly Shri Vijay\nPatil stated that he has never

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION , KOLHAPUR, KOLHAPUR

In the result, all the appeals filed by the assessee are\npartly allowed as per terms indicated hereinabove

131 of the IT Act\ni)\nShri Prakash G Bhandare\nii)\nShri Vijay Patil\nShri Prakash G. Bhandare (Head Master of Chandrabai Bhauso\nPatil Madhyamik Vidyalaya) in his statement stated that he has\nnever collected donations for the trust ever since he has been\nworking for the school beginning from 2004. Similarly Shri Vijay\nPatil stated that he has never

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION, KOLHAPUR, KOLHAPUR

In the result, all the appeals filed by the assessee are\npartly allowed as per terms indicated hereinabove

131 of the IT Act\ni)\nShri Prakash G Bhandare\nii)\nShri Vijay Patil\nShri Prakash G. Bhandare (Head Master of Chandrabai Bhauso\nPatil Madhyamik Vidyalaya) in his statement stated that he has\nnever collected donations for the trust ever since he has been\nworking for the school beginning from 2004. Similarly Shri Vijay\nPatil stated that he has never