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

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Key Topics

Section 115J6Section 143(3)3Addition to Income3

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)

249 Brother of said Proprietor 3. Shri Darshit A Zinzuwadia 6,66,82,080 Son of said proprietor Total value of Stock as on 77,75,10,150 01.07.2014 In reply to show cause notice, the assessee has given value of stock as on 30.06.2014 at Rs. 34,33,30,821/- It was observed by the assessing officer that

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

PRATIBHABEN ASHOKKUMAR DAVE,,RAJKOT-GUJARAT vs. THE INCOME TAX OFFICER, WARD-3(1),, RAJKOT-GUJARAT

In the result, the appeal of the assessee is dismissed

ITA 20/RJT/2017[2007-08]Status: DisposedITAT Rajkot01 Oct 2019AY 2007-08

Bench: Shri Rajpal Yadav, Hon’Ble & Shri Waseem Ahmed Hon’Ble"नधा"रण वष"/ Asstt. Year: 2007-08 Pratibhaben Ashokumar Dave The Ito, Ward-3(1) Rajkot. “Shiv Urja”, 12-Bhaktinagar Society Vs. Dhebar Road Rajkot. (Applicant) (Responent)

For Appellant: Written submissionsFor Respondent: Shri Anil Kumar Das, DR
Section 148Section 249Section 249(3)Section 3

b) the ld.CIT(A) has erred in not condoning the delay in filing first appeal and dismissing the appeal in limine without considering the issue on merit. 4. Brief facts of the case are that the assessee is a teacher and deriving income salary. Return of income was filed on19.7.2007 declaring total income of Rs.1,27,780/-. Subsequently