COMMISSIONER OF INCOME TAX (CENTRAL) DELHI vs. HARPRASAD & CO. (P) LTD

In the result, the appeal is accepted with costs

capital gains were not taxable made huge capital gains he would not be obliged to show those capital gains in his return

THE AUTHORITY FOR ADVANCE RULINGS (INCOME TAX) vs. TIGER GLOBAL INTERNATIONAL II HOLDINGS

Bench: HON'BLE MR. JUSTICE R. MAHADEVAN

capital gains arising from the alienation of shares of an Indian company. In the present case, however, the capital gains

VATSALA SHENOY vs. JT.COMMISSIONER OF INCOME TAX

capital gains and short term capital gains. Two components of long term capital gains are taken into consideration, namely goodwill

M/S FIBRE BOARDS (P) LTD BANGALOARE vs. CIT BANGALORE

capital gain made by it. 2. By an order dated 31.3.1994, the Assessing Officer imposed a tax on capital gains

NAVIN JINDAL vs. ASSISTANT COMMISSIONER OF INCOME TAX

capital gains shall be applicable in respect of capital gains accruing or arising from every re- investment thereafter in, and sale

DELHI FARMING & CONSTRUCTION(P) LTD. vs. COMMNR. OF INCOME TAX, DELHI

In the result, we set aside the judgment of the High Court and uphold the

capital gains falling within section 45 of the Act would be chargeable to income-tax under the head "capital gains

THE COMMONWEALTH TRUST LTD., CALICUT, KERALA vs. THE COMMISSIONER OF INCOME TAX, KERALA II, ERNAKULAM

Capital gains. - (1) Any profits or gains arising from the transfer of a capital asset effected in the previous year

COMMISSIONER OF INCOME TAX, MADRAS vs. M/S. MADURAI MILLS CO. LIMITED

capital gains arising before April 1, 1948. Capital gains tax was, however, revived with effect from April 1, 1957 by the Finance

MISS DHUN DADABHOY KAPADIA vs. COMMISSIONER OF INCOME-TAX, BOMBAY

capital gain was not represented by Rs. 45,262.50 was correct. The net capital gain could only be properly computed

JAMES ANDERSON, ADMINISTRATOR OFTHE ESTATE OF THELATE HENR vs. THE COMMISSIONER OF INCOME-TAX,BOMBAY

capital gain under s. 12B of the Income Tax Act. For the assessment year 1947-48 the capital gain was computed

SH. SANJEEV LAL ETC. ETC. vs. COMMISSIONER OF INCOME TAX CHANDIGARH&AN

capital gain had been used for purchase of the said new asset, believing that the long term capital gain was Page

SHRI KARTIKEYA vs. .SARABHAI. VS THE COMMISSIONER OF INCOME TAX

capital gains on the reduction of preference share capital which was exigible to capital gains tax?" The high court considered

COMMISSIONER OF INCOME TAX vs. P.V.A.L. KULANDAGAN CHETTIAR (DEAD) THROUGH LRS

capital gains’ is a well defined concept and the taxable event is ’transfer’ or ’alienation’ of property and capital gains

THE COMMISSIONER OF INCOME-TAX, BOMBAY vs. THE PROVIDENT INVESTMENT CO., LTD

In the result, the appeal fails and is dismissed with costs

Capital gains’ in respect of any profits or gains arising from the sale, exchange or transfer of a capital asset

TEA ESTATE INDIA (P) LTD. vs. COMMISSIONER OF INCOME-TAX

capital gains. The High Court arrived at certain figures of excess profit which was included in the computation of capital

COMMNR. OF INCOME TAX, MUMBAI vs. D.P. SANDU BROS CHEMBUR (P) LTD

capital gains could not be computed as envisaged in Section 48 of the Income Tax Act, therefore capital gains earned

M/S JINDAL EQUIPMENT LEASING CONSULTANCY SERVICES LTD. vs. COMMISSIONER OF INCOME TAX

Appeals stand disposed of in the aforesaid terms

Bench: HON'BLE MR. JUSTICE R. MAHADEVAN

Capital gains “Any profits or gains arising from the transfer of a capital asset effected in the previous year shall

COMMISSIONER OF INCOME TAX vs. SHIVAKAMI CO. PVT. LTD

Capital gains was intended to tax the gains of an assessee, not what an assessee might have gained. All laws