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3 results for “capital gains”+ Penaltyclear

Sorted by relevance

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Key Topics

Section 260A2Section 1432Section 2712Penalty2Addition to Income2

INDERPAL SINGH AHUJA vs. THE ASSESSING OFFICER-CUM-A.C.I.T. ORS

ITA/338/2006HC Punjab & Haryana19 Feb 2026

Bench: MR. JUSTICE AMARINDER SINGH GREWAL,MR. JUSTICE JAGMOHAN BANSAL

Section 260A

capital gain, the question remains whether there was some evidence to reject declared value. The appellant is claiming that there was no concrete evidence to reject declared sale consideration and respondent has merely relied upon oral evidence. In the light of obtained facts, figures and arguments, we are not supposed to determine whether Rs.22,00,000/- per acre is correct

BHARTI BHUSHAN JINDAL vs. COMMISSIONER OF INCOME TAX LUDHIANA

ITA/385/2014HC Punjab & Haryana03 Jul 2025

Bench: MRS. JUSTICE LISA GILL,MRS. JUSTICE SUDEEPTI SHARMA

Section 142(2)Section 143(2)
Section 260A
Section 271
Section 36(1)(vii)
Section 36(2)
Section 41(1)
Section 56
Section 57

capital gains and income from other sources. Under the head ‘income from other sources’, in addition to bank interest, FDRs, interest on unsecured loans was shown against which, the appellant VIRENDRA SINGH ADHIKARI 2025.07.07 10:17 I attest to the accuracy and integrity of this document ITA-385-2014 (O&M) -2- claimed Rs.10,50,000/- as “amount written

CIT-I CHANDIGARH vs. M/S PB.INFO&COMM. TECH. CORP. LTD. CHD.

The appeals are dismissed

ITA/398/2009HC Punjab & Haryana18 Jan 2023

Bench: MS. JUSTICE RITU BAHRI,MRS. JUSTICE MANISHA BATRA

Section 143Section 271

penalty proceedings under Section 271 (1) (c) of the Income Tax Act, 1961 (for short 'the Act') were ordered to be initiated separately against it. 3. Feeling aggrieved against the order of assessment dated 20.12.2005, the respondent-assessee had filed appeal under Section 143 (3) of the Act before the Commissioner of Income Tax (Appeals), Chandigarh (for short