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3 results for “capital gains”+ Section 145Aclear

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Key Topics

Section 289Section 2635Section 143(3)3Section 56(2)(viii)3Section 145A3Section 342Addition to Income2

RAM LAXMANRAO MITKARI,LATUR vs. INCOME-TAX OFFICER, WARD -3, LATUR

In the result, the appeal is partly allowed for statistical purposes

ITA 574/PUN/2020[2013-14]Status: DisposedITAT Pune23 Nov 2022AY 2013-14

Bench: Shri Satbeer Singh Godara & Dr. Dipak P. Ripote

For Appellant: Shri Bharat ShahFor Respondent: Shri M.G. Jasnani
Section 143(3)Section 145ASection 28Section 56(2)(viii)

145A of the Act the amount of compensation or enhanced compensation shall be taxable in the year of its receipt. Therefore, 1 direct the assessing officer to find out the exact, amount of interest received by the assessee 5 ITA.No.574/PUN/2020 Sh Ram Laxmanrao Mitkari, Latur. as a result of compensation enhanced compensation and bring only that amount

MADHAV PANDHARINATH KANDE,,LATUR vs. INCOME-TAX OFFICER ,,

Appeal is dismissed

ITA 2584/PUN/2016[2013-14]Status: DisposedITAT Pune28 Apr 2022AY 2013-14

Bench: Shri S.S. Godara & Dr. Dipak P. Ripoteshri Madhav Pandharinath The Income Tax Officer Kande Ward -3 Vs. A/P Dhanora, Tal. Ahmedpur Latur Latur 413515 Pan – Cbwpp1670A Appellant Respondent Appellant By: Shri Bharat Shah Respondent By: Shri S.P. Walimbe Date Of Hearing: 25.04.2022 Date Of Pronouncement: 28.04.2022 O R D E R Per S.S. Godara, Jm This Assessee’S Appeal For Ay 2013-14 Is Against The Order Of The Cit(A) 2, Aurangabad Dated 04.07.2017 Passed In Case No. Pn/Cit (A)-2/Set Aside/Pn/66/2011-12.755 Involving Proceedings Under Section 143(3) R.W.S. 260A Of The Income Tax Act, 1961 In Short The Act.

For Appellant: Shri Bharat ShahFor Respondent: Shri S.P. Walimbe
Section 143(3)Section 23Section 23(1)Section 23(2)Section 28Section 34Section 45Section 56(2)(viii)

Capital gains” of the previous year in which the final order of such court, Tribunal or other authority is made; to state that since the interest which was received by the assessee was in pursuance of an interim order of the Honourable High Court, the said interest amount cannot be taxable till the Honourable High Court delivers its final judgement

RAJUMAR PREMCHAND TULSANI,PUNE vs. PR COMMISSIONER OF INCOME-TAX -5, PUNE

In the result, appeal of the assessee is dismissed

ITA 136/PUN/2021[2015-16]Status: DisposedITAT Pune06 Jul 2023AY 2015-16

Bench: Shri S.S.Godara & Dr. Dipak P. Ripoteआयकर अपीलसं. / Ita No.136/Pun/2021 िनधा"रण वष" / Assessment Year : 2015-16 Rajkumar Premchand Tulsani, The Pr.Commissioner Of Sr.No.46/8, Bombay Pune V Income Tax-5, Pune. Road, Akurdi, Pune – 411038. S Pan: Aawpt 8002 B Assessee/ Appellant Respondent /Revenue Assessee By Shri M.K.Kulkaani – Ar/Advocate Revenue By Shri Sardar Singh Meena,Irs – Dr Commissioner Of Income Tax. Date Of Hearing 03/05/2023 Date Of Pronouncement 06/07/2023

Section 143(3)Section 263Section 37

Capital Gain” and business loss of Rs.41,11,249/-. The assessee’s case was selected for scrutiny. The assessment order was passed on 12.12.2017 accepting the returned income. The AO has not discussed any issue in the assessment order. The ld.Pr.CIT invoked the provisions of section 263. The ld.Pr.CIT has observed that the assessee has debited an amount of Rs.51