6 results for “capital gains”+ Addition to Incomeclear
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Bench: MR. JUSTICE SANJEEV PRAKASH SHARMA,MR. JUSTICE SANJAY VASHISTH
income of the block period in accordance with the directions as above. The AO passed an order making additions relating to the sale of shares in May 1995 as part of the block period and declared the capital gain
Bench: MRS. JUSTICE LISA GILL,MRS. JUSTICE SUDEEPTI SHARMA
addition to business income declared by the appellant, he had also declared income from capital gains and income from other
The appeal is dismissed
Bench: MR. JUSTICE AJAY TEWARI,MR. JUSTICE AVNEESH JHINGAN
Addition as discussed in para 2 above: Rs. 44,148/- Total Income assessed: Rs.16,80,490/- Assessed. Issue requisite documents.” The proceedings were initiated under Section 263 of the Act and notice was issued on 13.12.2017. There was long term capital gain
Bench: MR. JUSTICE AMARINDER SINGH GREWAL,MR. JUSTICE JAGMOHAN BANSAL
addition of Rs. 4.5 cr. made on account of treating the compensation received by the assessee on account of termination of trademark 'ENO' and 'Fruit Salt' as revenue receipts as against the assessee's claim as capital receipts particularly when the assessee was not owner of the patents but was only user on account of agreement with the owner
The appeals are dismissed
Bench: MS. JUSTICE RITU BAHRI,MRS. JUSTICE MANISHA BATRA
additions as made by the assessing officer were not in accordance with method of accounting followed by the assessee which was consistent and the amount of MANJU 2023.03.16 11:10 I attest to the accuracy and authenticity of this order / judgment Chandigarh Income Tax Appeal No.398 of 2009 (O&M) and other connected appeals -6- 2023:PHHC:037968-DB expenditure
Appeal is allowed
capital gain of amount of Rs. 23,49,426 Was rom the income for working out an amount of Rs.23,49,426 from e side of Rs.2,86,65,379, the net 63,15,953. Likewsie, amount of on sale of shares was required
