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2 results for “capital gains”+ Section 249(4)clear

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Key Topics

Section 115J6Section 143(3)3Addition to Income2

RADHIKA JEWELLERS,RAJKOT vs. DY.CIT 2 (1), RAJKOT

In the result, appeal filed by the assessee is allowed

ITA 568/RJT/2025[2015-16]Status: DisposedITAT Rajkot20 Jan 2026AY 2015-16

Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinha

For Appellant: Shri Samir Jani, Ld. ARFor Respondent: Shri Sanjay Punglia, Ld. CIT(DR)
Section 142(1)Section 143(2)Section 143(3)Section 250Section 45Section 45(3)

section 45(3). The addition of Rs.2,95,09,518/- is prayed for deletion. 4. The appellant reserves its rights to add, amend, alter or modify any of the grounds on or before the time of final hearing. 3. The relevant material facts, as culled out from the material on record, are as follows. Return of income, declaring an income

SEABIRD MARINE SERVICES PRIVATE LIMITED,JAMNAGAR vs. ACIT, CIRCLE - 1, JAMNAGAR, JAMANGAR

In the result, ground No.4 raised by the assessee is allowed

ITA 83/RJT/2025[2017-18]Status: DisposedITAT Rajkot30 May 2025AY 2017-18
Section 114Section 115JSection 143(3)

249 ITR 597 (Bom) (xiii) ACIT vs. Reliance Welfare Association (ITA\nNo.5976/Mum/2012) (Trib- Mumbai) (xiv) Zyma Laboratories Ltd. vs. ACIT\n[2006] 7 SOT 164 (Mumbai Trib.) (xv) Apollo Tyres Ltd. vs. CIT [2002] 122\ntaxmann.om 562 (SC) (xvi) Azadi Bachao Andolan vs. UOI [132 Taxman 373]\n(SC) and (xvii) Banyan & Berry