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4 results for “capital gains”+ Section 56(2)(viib)clear

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Key Topics

Section 576Section 143(1)4Section 143(3)4Section 143(2)2Section 142(1)2Section 1322Section 1472Section 1482Reopening of Assessment2Deduction

ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE -6,, PUNE vs. M/S. SION PANVEL TOLLWAYS PVT.LTD,, PUNE

In the result, the appeal of the Revenue is partly allowed and

ITA 249/PUN/2018[2014-15]Status: DisposedITAT Pune16 Nov 2022AY 2014-15

Bench: Shri R.S. Syal & Shri Partha Sarathi Chaudhury

Section 57

section 56 and consequently claiming set off of such interest income against the interest expenditure and other capital expenditure incurred for which the loan was taken. 9. We are not convinced with the alternate submission of the assessee. It cannot be said that no income chargeable to tax can be earned simply because the business has not commenced. There

ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE -6,, PUNE vs. M/S. SION PANVEL TOLLWAYS PVT.LTD,, PUNE

In the result, the appeal of the Revenue is partly allowed and

ITA 489/PUN/2018[2013-14]Status: DisposedITAT Pune16 Nov 2022AY 2013-14

Shri R.S. Syal & Shri Partha Sarathi Chaudhury

2
Limitation/Time-bar2
Bench:
Section 57

section 56 and consequently claiming set off of such interest income against the interest expenditure and other capital expenditure incurred for which the loan was taken. 9. We are not convinced with the alternate submission of the assessee. It cannot be said that no income chargeable to tax can be earned simply because the business has not commenced. There

SHRI MANOJ MADANLAL CHHAJED,PUNE vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(1), PUNE

ITA 1178/PUN/2023[2011-12]Status: DisposedITAT Pune19 Feb 2025AY 2011-12
Section 132Section 132(1)Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 147Section 148

Section 80IA/IB of the Act.\nIt must follow that there is due application of mind by the Assessing\nOfficer to the issue raised.\nThe above observations apply on all fours to this Petition, so far as the\nRevenue's submission of no change of opinion is concerned.\n11. The further submission of Mr. Walve that in the absence

MANOJ MADANLAL CHHAJED,PUNE vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1(1), PUNE

ITA 2017/PUN/2024[2011-12]Status: DisposedITAT Pune19 Feb 2025AY 2011-12
Section 132Section 132(1)Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 147Section 148

gains from business was a subject\nmatter of consideration by the Assessing Officer during the original\nassessment proceedings leading to an order dated 12 October 2010. It\nwould therefore, follow that the reopening of the assessment by impugned\nnotice dated 28 March 2013 is merely on the basis of change of opinion of\nthe Assessing Officer from that held earlier