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3 results for “capital gains”+ Section 253(1)(aa)clear

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Key Topics

Section 114Section 143(1)4Section 143(1)(a)4Section 1454Addition to Income3Section 12A2Section 253(1)(aa)2Section 2502Section 139(1)2Natural Justice2

NEW BALANCE IT SERVICES INDIA PVT. LTD.,PUNE vs. INCOME TAX OFFICER(1)- CIRCLE 2, PUNE, PUNE

ITA 245/PUN/2024[2021-22]Status: DisposedITAT Pune05 Jun 2024AY 2021-22

Bench: Hon’Ble Shri S. S. Godara & Shri G. D. Padmahshaliआयकर अपऩल सं. / Ita No. 0245 & 0246/Pun/2024 निर्धारण वषा / Assessment Year : 2020-21 & 2022-23 New Balance It Services India Pvt. Ltd. Level-1, Wing-A, Tower-06, Cybercity, Magarpatta, Pune-411013. Pan : Aaccn5091R . . . . . . . अपीलार्थी / Appellant बिधम / V/S. Income Tax Officer-1, Circle-2, Pune . . . . . . . प्रत्यर्थी / Respondent द्वधरध / Appearances Assessee By : Mr Rajendra Agiwal [‘Ld. Ar’] Revenue By : Mr Ramnath Murkunde [‘Ld. Dr’] सुनवाई की तारीख / Date Of Conclusive Hearing : 28/05/2024 घोषणा की तारीख / Date Of Pronouncement : 05/06/2024 आदेश / Order Per G. D. Padmahshali, Am; This Twin Appeals Are Instituted U/S 253(1)(Aa) Of The Income Tax Act [‘The Act’] By The Assessee Challenging The Respective First Appellate Orders Dt. 19/12/2023 Passed U/S 250 Of The Act By The Commissioner Of Income Tax Appels [‘Cit(A)’] For The Assessment Years 2020-21 & 2022-23 [‘Ay’] Which In Turn Arisen Out Of Separate Orders Of Intimation Passed U/S 143(1) Of The Act.

For Appellant: Mr Rajendra Agiwal [‘Ld. AR’]For Respondent: Mr Ramnath Murkunde [‘Ld. DR’]
Section 139(1)Section 143(1)Section 143(1)(a)Section 145Section 145(2)
Section 250
Section 253(1)(aa)
Section 28

253(1)(aa) of the Income Tax Act [‘the Act’] by the assessee challenging the respective first appellate orders dt. 19/12/2023 passed u/s 250 of the Act by the Commissioner of Income Tax Appels [‘CIT(A)’] for the assessment years 2020-21 & 2022-23 [‘AY’] which in turn arisen out of separate orders of intimation passed u/s 143(1

NEW BALANCE IT SERVICES INDIA PVT. LTD.,PUNE vs. INCOME TAX OFFICER(1)- CIRCLE 2, PUNEPUNE, PUNE

ITA 246/PUN/2024[2022-23]Status: DisposedITAT Pune05 Jun 2024AY 2022-23

Bench: Hon’Ble Shri S. S. Godara & Shri G. D. Padmahshaliआयकर अपऩल सं. / Ita No. 0245 & 0246/Pun/2024 निर्धारण वषा / Assessment Year : 2020-21 & 2022-23 New Balance It Services India Pvt. Ltd. Level-1, Wing-A, Tower-06, Cybercity, Magarpatta, Pune-411013. Pan : Aaccn5091R . . . . . . . अपीलार्थी / Appellant बिधम / V/S. Income Tax Officer-1, Circle-2, Pune . . . . . . . प्रत्यर्थी / Respondent द्वधरध / Appearances Assessee By : Mr Rajendra Agiwal [‘Ld. Ar’] Revenue By : Mr Ramnath Murkunde [‘Ld. Dr’] सुनवाई की तारीख / Date Of Conclusive Hearing : 28/05/2024 घोषणा की तारीख / Date Of Pronouncement : 05/06/2024 आदेश / Order Per G. D. Padmahshali, Am; This Twin Appeals Are Instituted U/S 253(1)(Aa) Of The Income Tax Act [‘The Act’] By The Assessee Challenging The Respective First Appellate Orders Dt. 19/12/2023 Passed U/S 250 Of The Act By The Commissioner Of Income Tax Appels [‘Cit(A)’] For The Assessment Years 2020-21 & 2022-23 [‘Ay’] Which In Turn Arisen Out Of Separate Orders Of Intimation Passed U/S 143(1) Of The Act.

For Appellant: Mr Rajendra Agiwal [‘Ld. AR’]For Respondent: Mr Ramnath Murkunde [‘Ld. DR’]
Section 139(1)Section 143(1)Section 143(1)(a)Section 145Section 145(2)Section 250Section 253(1)(aa)Section 28

253(1)(aa) of the Income Tax Act [‘the Act’] by the assessee challenging the respective first appellate orders dt. 19/12/2023 passed u/s 250 of the Act by the Commissioner of Income Tax Appels [‘CIT(A)’] for the assessment years 2020-21 & 2022-23 [‘AY’] which in turn arisen out of separate orders of intimation passed u/s 143(1

INCOME TAX OFFICER, WARD-11(1), PUNE, PUNE vs. MAHARASHTRA CRICKET ASSOCIATION, PUNE, PUNE

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

ITA 694/PUN/2023[2010-11]Status: DisposedITAT Pune09 Jun 2025AY 2010-11
For Appellant: \nShri C.H. NaniwadekarFor Respondent: \nShri Amol Khairnar
Section 10Section 11Section 12ASection 143(2)Section 2(15)

capital\nexpenditure\na) For Gahunje stadium\n16,32,18,949\n25,50,21,387\nb) For assets\n60,83,605\n25,50,21,387\nIncome from other sources\nBank interest\n16,14,655\n16,14,655\nTOTAL INCOME\n25,66,36,042\n4. On appeal, after considering the contentions of the assessee\nadvanced before him during the appellate proceedings