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10 results for “reassessment”+ Penny Stockclear

Sorted by relevance

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Key Topics

Section 26319Section 10(38)12Section 14810Section 153A10Capital Gains7Addition to Income7Penny Stock7Long Term Capital Gains6Section 1474Revision u/s 263

DCIT-1(1), BHILAI, BHILAI vs. VIJAYA DESHLAHRA, INDORE

In the result, ITA No. 92/RPR/2025 & C

ITA 93/RPR/2025[2014-15]Status: DisposedITAT Raipur03 Jul 2025AY 2014-15

Bench: Shri Partha Sarathi Chaudhury & Shri Arun Khodpia

For Appellant: Ms. Nisha Lahoti, CA (virtual)For Respondent: Shri S.L. Anuragi, CIT-DR
Section 10(38)Section 148Section 68

penny stock shares as per CBDT”, these were never provided to the assessee for representation of the case. There are no evidence on record to suggest that the said documents were provided to the assessee. In other words, the contentions of the learned counsel to the fact that the principles of natural justice were not complied with by the Revenue

DCIT-1(1), BHILAI, BHILAI vs. VIJAYA DESHLAHRA, INDORE

4
Section 143(3)3
Section 683

In the result, ITA No. 92/RPR/2025 & C

ITA 94/RPR/2025[2015-16]Status: DisposedITAT Raipur03 Jul 2025AY 2015-16

Bench: Shri Partha Sarathi Chaudhury & Shri Arun Khodpia

For Appellant: Ms. Nisha Lahoti, CA (virtual)For Respondent: Shri S.L. Anuragi, CIT-DR
Section 10(38)Section 148Section 68

penny stock shares as per CBDT”, these were never provided to the assessee for representation of the case. There are no evidence on record to suggest that the said documents were provided to the assessee. In other words, the contentions of the learned counsel to the fact that the principles of natural justice were not complied with by the Revenue

DCIT-1(1), BHILAI vs. VIJAYA DESHLAHRA, INDORE

In the result, ITA No. 92/RPR/2025 & C

ITA 92/RPR/2025[2013-14]Status: DisposedITAT Raipur03 Jul 2025AY 2013-14

Bench: Shri Partha Sarathi Chaudhury & Shri Arun Khodpia

For Appellant: Ms. Nisha Lahoti, CA (virtual)For Respondent: Shri S.L. Anuragi, CIT-DR
Section 10(38)Section 148Section 68

penny stock shares as per CBDT”, these were never provided to the assessee for representation of the case. There are no evidence on record to suggest that the said documents were provided to the assessee. In other words, the contentions of the learned counsel to the fact that the principles of natural justice were not complied with by the Revenue

INCOME TAX OFFICER-1(3), BHILAI, BHILAI vs. RAMANDEEP SINGH SOHI, DURG

In the result, the appeal of the revenue is allowed for statistical purposes

ITA 268/RPR/2025[2016]Status: DisposedITAT Raipur18 Jun 2025

Bench: Shri Partha Sarathi Chaudhuryआयकर अपील सं./Ita No.268/Rpr/2025 "नधा"रण वष" /Assessment Year : 2016-17 The Income Tax Officer-1(3), Bhilai (C.G.)

For Appellant: NoneFor Respondent: Dr. Priyanka Patel, Sr. DR
Section 10(38)Section 142(1)Section 147Section 148

penny stocks of Ejecta Marketing Ltd. and Appu Marketing and Manufacturing Ltd. against which the claim of long term capital gain has been made which was uncovered during the course of action conducted by the Inv. Wing of Raipur. Further, as brought out in the assessment order at Para — 01 of Page — 16 and Para — 02 and 03 of Page

YOGESH GOYAL,DHAMTARI vs. PRINCIPAL COMMISSIONER OF INCOME TAX, RAIPUR-1, RAIPUR

In the result, appeal of the assessee is partly allowed in terms of our observations hereinabove,

ITA 57/RPR/2022[2012-13]Status: DisposedITAT Raipur10 Jul 2023AY 2012-13

Bench: SHRI RAVISH SOOD (Judicial Member), SHRI ARUN KHODPIA (Accountant Member)

For Appellant: Shri Praveen KhandelwalFor Respondent: Shri V.K.Singh, CIT-DR
Section 143(3)Section 147Section 148Section 263

penny stock company namely M/s 21st Century (India) Ltd. Further it is mentioned that the information was overlooked during assessment proceedings. It was the submission of the ld. AR that during the course of assessment proceedings u/s.147 r.w.s.143(3) of the Act, has submitted all the documentary evidence with regard to trading in shares with M/s 21st Century (India

INCOME TAX OFFICER, RAIPUR vs. RAHUL KATHURIA, RAIPUR

In the result, appeal of the Revenue in ITA No

ITA 151/RPR/2025[2018-19]Status: DisposedITAT Raipur26 Nov 2025AY 2018-19

Bench: Shri Partha Sarathi Chaudhury & Shri Arun Khodpiaआयकर अपील सं. / Ita Nos.151 & 152/Rpr/2025 "नधा"रण वष" / Assessment Years : 2018-19 & 2019-20 The Income Tax Officer/Income Tax Officer-3(1) Raipur (C.G.)

For Appellant: Shri V.K. Jindal, CAFor Respondent: Dr. Priyanka Patel, Sr. DR
Section 148

Stock Exchanges, through authorized brokers and payments made to brokers were reflected in the bank account, loss incurred in share transactions could not be disallowed. 5.5.5. The appellant has also asserted that "In spite of submitting all evidences, the Ld. AO has observed that the assessee provided the combined profit and loss statement of share trading in the books

INCOME TAX OFFICER-3(1), RAIPUR, RAIPUR vs. RAHUL KATHURIA, RAIPUR

In the result, appeal of the Revenue in ITA No

ITA 152/RPR/2025[2019-20]Status: DisposedITAT Raipur26 Nov 2025AY 2019-20

Bench: Shri Partha Sarathi Chaudhury & Shri Arun Khodpiaआयकर अपील सं. / Ita Nos.151 & 152/Rpr/2025 "नधा"रण वष" / Assessment Years : 2018-19 & 2019-20 The Income Tax Officer/Income Tax Officer-3(1) Raipur (C.G.)

For Appellant: Shri V.K. Jindal, CAFor Respondent: Dr. Priyanka Patel, Sr. DR
Section 148

Stock Exchanges, through authorized brokers and payments made to brokers were reflected in the bank account, loss incurred in share transactions could not be disallowed. 5.5.5. The appellant has also asserted that "In spite of submitting all evidences, the Ld. AO has observed that the assessee provided the combined profit and loss statement of share trading in the books

HIMANSHU GOYAL,DHAMTARI vs. PR. CIT-1, RAIPUR

In the result legal grounds raised by the assessee under present appeal is allowed

ITA 144/RPR/2022[2012-13]Status: DisposedITAT Raipur25 Oct 2023AY 2012-13

Bench: Shri Ravish Sood, Jm & Shri Arun Khodpia, Am आयकर अपील सं./Ita No.144/Rpr/2022 (Assessment Years: 2012-2013) Himanshu Goyal, Vs Pr.Cit, Raipur-1, Raipur Nawagaon Road, Dhamtari, 793773, (C.G.) Pan No. :Agtpg1746Q (अपीलाथ" /Appellant) (""यथ" / Respondent) .. िनधा"रती क" ओर से /Assessee By : Shri Praveen Khandelwal & Praveen Goyal, Cas राज"व क" ओर से /Revenue By : Smt. Ila M. Parmar, Cit-Dr सुनवाई क" तार"ख / Date Of Hearing : 09/10/2023 घोषणा क" तार"ख/Date Of Pronouncement : 25/10/2023 आदेश / O R D E R

For Appellant: Shri Praveen KhandelwalFor Respondent: Smt. Ila M. Parmar, CIT-DR
Section 143Section 263

penny stock company namely M/s 21st Century (India) Ltd. Further it is mentioned that the information was overlooked during assessment proceedings. It was the submission of the ld. AR that during the course of assessment proceedings u/s.147 r.w.s.143(3) of the Act, has submitted all the documentary evidence with regard to trading in shares with M/s 21st Century (India

SATYA POWER AND ISPAT LTD.,BILASPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, RAIPUR

In the result, both the appeals of the assessee are allowed

ITA 51/RPR/2021[2012-13]Status: DisposedITAT Raipur29 Sept 2021AY 2012-13

Bench: Shri Pradip Kumar Kedia & Shri N. K. Choudhryआयकर आयकर अपील आयकर आयकर अपील अपील संसंसंसं./I.T.A. Nos.51 & 52/Rpr/2021 अपील िनधा"रण वष" वष" / Assessment Year : 2012-13 & 2013-14) (िनधा"रण िनधा"रण िनधा"रण वष" वष" Satya Power & Ispat Ltd., Deputy Commissioner Of बनाम/ बनाम बनाम बनाम First Floor, V R Plaza, Income-Tax, Vs. Link Road, Central Circle-2, Bilaspur-495001 (Cg) Raipur "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aahcs 4472 N .. (अपीलाथ" /Appellant) (""यथ" / Respondent) Shri Amit Maloo Jain, Ca अपीलाथ" ओर से /Appellant By : Shri P.K. Mishra, Cit-Dr ""यथ" क" ओर से/Respondent By : 30.07.2021 सुनवाई क" तारीख / Date Of Hearing 29.09.2021 घोषणा क" तारीख /Date Of Pronouncement आदेश/O R D E R Per Pradip Kumar Kedia - Am:

For Appellant: Shri P.K. Mishra, CIT-DRFor Respondent: 30.07.2021
Section 10(38)Section 143(1)Section 143(2)Section 143(3)Section 153ASection 263

penny stock company. The capital gains arose on such transactions of Regency Trust Ltd. amounts to Rs.49,35,753/- and Rs.2,55,650/- for Assessment Years 2012-13 and 2013-14 respectively. In response, the assessee explained that specific queries were raised in the course of search assessment in this regard and after verification of the relevant details, bills, bank

SATYA POWER AND ISPAT LTD.,BILASPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, RAIPUR

In the result, both the appeals of the assessee are allowed

ITA 52/RPR/2021[2013-14]Status: DisposedITAT Raipur29 Sept 2021AY 2013-14

Bench: Shri Pradip Kumar Kedia & Shri N. K. Choudhryआयकर आयकर अपील आयकर आयकर अपील अपील संसंसंसं./I.T.A. Nos.51 & 52/Rpr/2021 अपील िनधा"रण वष" वष" / Assessment Year : 2012-13 & 2013-14) (िनधा"रण िनधा"रण िनधा"रण वष" वष" Satya Power & Ispat Ltd., Deputy Commissioner Of बनाम/ बनाम बनाम बनाम First Floor, V R Plaza, Income-Tax, Vs. Link Road, Central Circle-2, Bilaspur-495001 (Cg) Raipur "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aahcs 4472 N .. (अपीलाथ" /Appellant) (""यथ" / Respondent) Shri Amit Maloo Jain, Ca अपीलाथ" ओर से /Appellant By : Shri P.K. Mishra, Cit-Dr ""यथ" क" ओर से/Respondent By : 30.07.2021 सुनवाई क" तारीख / Date Of Hearing 29.09.2021 घोषणा क" तारीख /Date Of Pronouncement आदेश/O R D E R Per Pradip Kumar Kedia - Am:

For Appellant: Shri P.K. Mishra, CIT-DRFor Respondent: 30.07.2021
Section 10(38)Section 143(1)Section 143(2)Section 143(3)Section 153ASection 263

penny stock company. The capital gains arose on such transactions of Regency Trust Ltd. amounts to Rs.49,35,753/- and Rs.2,55,650/- for Assessment Years 2012-13 and 2013-14 respectively. In response, the assessee explained that specific queries were raised in the course of search assessment in this regard and after verification of the relevant details, bills, bank