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3 results for “capital gains”+ Section 142(1)clear

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Key Topics

Section 2634Section 143(3)3Section 143(2)3Section 260A2Section 143(1)2Addition 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 borrowe Ltd by the Asse be set aside bein ANALYSIS OF 28. A p that the learned appellant was no the previous yea (O&M) and other connected ca e fact that even the shares of M any pledge were not sold duri of it. asoning given by the Assessin r Section 36(1

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

1. The present appeal under Section 260A of the Income Tax Act, 1961 (for short, ‘IT Act’), for Assessment Year 2004-2005 is preferred against order dated 13.07.2012 passed by the Income Tax Appellate Tribunal, Chandigarh Bench ‘B’, Chandigarh (for short, ‘the Tribunal’) in ITA No.459/Chd/2011. BRIEF FACTS OF THE CASE 2. Brief facts of the case, as per pleadings

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 260ASection 263

Section 143(1) of the Act. Subsequently, there being an information from the Investigation Wing about suspicious long term capital gain on shares, the case was selected for scrutiny. Notice along with questionnaire was issued, information/documents and evidence were taken on record and order dated 24.2.2016 was passed. It would be relevant to produce the assessment order in toto: “Return