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2 results for “capital gains”+ Permanent Establishmentclear

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Key Topics

Section 2636Section 143(3)3

BABUBHAI KANJIBHAI SAKARIYA LEGAL HEIR OF LATE SMT. UJIBEN KANJIBHAI SAKARIYA,JETPUR vs. ITO WARD 1(2)(1), RAJKOT, RAJKOT

In the result, the appeal filed by the assessee is allowed

ITA 185/RJT/2025[2016-17]Status: DisposedITAT Rajkot04 Nov 2025AY 2016-17
Section 147

Permanent address of\nDeceased:\nખજૂરી ગુંદાળા અમરનગર રાજકોટ/KHAJURI GUNDALA AMARNAGAR\nRAJKOT\nनोंधीनी तारीफ/ Date of Registration :01/12/2020\nप्रमापत्र नंजर/ Certificate No: D202020508564\nઆપનાર સત્તાધિકારી/Issuing authority :\nBli\nRegistrar (Birth & Death)\nરજીસ્ટ્રાર ( જન્મ & મરણ)\n2024/\nPage 11 of 21\nhFI8vOzf3dS/BK7WUE+A7TcqCivOgq37dSeD2F41hQQMWWIdQW79fP2oxxP0zGaB\n067919\nITA No.185/RJT/2025\nBabubhai Kanjibhai Sakariya L/h of Late Smt. Ujiben Kanjibhai Sakariya\n14. From the above death certificate

SAURASHTRA GRAMIN BANK MANAGER (F & A), RAJKOT,RAJKOT vs. THE PR. COMMISSIONER OF INCOME TAX-I,, RAJKOT

In the result, the appeal filed by the assessee is allowed

ITA 37/RJT/2022[2017-18]Status: DisposedITAT Rajkot30 Sept 2025AY 2017-18

Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकर अपील सं./Ita No. 37/Rjt/2022 (Assessment Year: 2017-18) (Hybrid Hearing) Saurashtra Gramin Bank Vs. The Pr. Cit-1, Manager (F & A), Rajkot 1St Floor Wing 2, Lic Jeevan Prakash Building, Tagore Road, Rajkot-360001 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aahas2116H (अपीलाथ"/Appellant) (""यथ"/Respondent)

Bench:
For Appellant: Ms. A.D. Vyas, ARFor Respondent: Shri Sanjay Punglia, CIT-DR
Section 143(3)Section 14ASection 263Section 36(1)(viii)Section 37(1)

Permanent’ securities at present.  Classification of investments, shifting of investments among the three categories, valuation of the investments, methodology for booking profit/loss on sale of investments and providing for depreciation should be in accordance with the guidelines in the Annex.  The risk-weights assigned to the various securities at present would remain unchanged. 2.1 The classification of the existing investments