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4 results for “capital gains”+ Section 11(1)(d)clear

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Mumbai5,904Delhi3,540Bangalore2,040Chennai1,748Ahmedabad1,235Kolkata1,121Jaipur946Hyderabad738Pune506Surat504Indore448Chandigarh328Visakhapatnam290Cochin289Karnataka244Raipur194Rajkot166Nagpur157Cuttack153Lucknow110Agra96Panaji92Guwahati90SC86Amritsar83Calcutta69Telangana55Ranchi55Jodhpur39Dehradun31Allahabad27Patna23Jabalpur22Varanasi17Kerala16Rajasthan8Orissa4Punjab & Haryana4A.K. SIKRI ROHINTON FALI NARIMAN2Andhra Pradesh2ASHOK BHAN DALVEER BHANDARI1A.K. SIKRI N.V. RAMANA1D.K. JAIN JAGDISH SINGH KHEHAR1Himachal Pradesh1MADAN B. LOKUR S.A. BOBDE1K.S. RADHAKRISHNAN A.K. SIKRI1

Key Topics

Section 2634Section 35D3Section 143(3)3Section 143(2)3Section 260A2Section 143(1)2Deduction2Addition to Income2

M/S PANCHSHEEL TEXTILE MANFAC. & TRAD. vs. C I T AND ANR.

ITA/109/2007HC Punjab & Haryana13 May 2025

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

capital borrow profession. scriptions paid periodically Mutual Benefit Societies which fu ibed, shall be deemed to be cap is clause;” .07.2006 passed by learned Inco ced as under:- see was not earlier engaged in However, from the previous ye 99, it has started the business ave been purchased and some s d in tion and 000- 006 uses

RAMESH KUMAR vs. COMMISSIONER OF INCOME TAX

The appeal is dismissed

ITA/396/2019HC Punjab & Haryana19 Feb 2020

Bench: MR. JUSTICE AJAY TEWARI,MR. JUSTICE AVNEESH JHINGAN

Section 10(38)Section 143(1)Section 143(2)
Section 143(3)
Section 260A
Section 263

1) of the Income Tax Act, 1961 alongwith questionnaire were issued and served upon the assessee. Sh. Ashok Kumar Goyal & Sh. Satish Kumar Goyal, Chartered Accountants, counsels for the assesssee furnished Power of Attorney duly signed by the assessee and accepted by them and attended the assessment MANOJ KUMAR 2020.02.20 11:07 I attest to the accuracy and authenticity

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 260ASection 271Section 36(1)(vii)Section 36(2)Section 41(1)Section 56Section 57

1) The deductions provided for in the following clauses shall be allowed in respect of the matters dealt with therein, in computing the income referred to in section 28 - (i) the amount of any premium paid in respect of insurance against risk of damage or destruction of stocks or stores used for the purposes of the business or profession

M/S MAJESTIC AUTO LTD vs. COMMISSIONER OF IT & ANR

ITA/290/2005HC Punjab & Haryana05 Dec 2025

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

Section 260Section 35D

d) such other items of expenditure (not being expenditure eligible for any allowance or deduction under any other provision of this Act) as may be prescribed.” [Emphasis supplied] 8. From the perusal of above quoted section, it is evident that an assessee is entitled to deduction of expenditure incurred after the commencement of his business in connection with expansion