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

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

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

N. BAGAVATHY AMMAL vs. COMNR. OF INCOME TAX, MADURAI

capital gains ’in respect of any profits or gains whatsoever from the sale, exchange, relinquishment or transfer of a capital

COMMISSIONER OF INCOME TAX vs. BALBIR SINGH MAINI

The appeals are dismissed with no order as to

Bench: HON'BLE MR. JUSTICE ROHINTON FALI NARIMAN

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

PRINCIPAL COMMISSIONER INCOME TAX 4 BENGALURU 2 vs. M/S JUPITER CAPITAL PRIVATE LIMITED

Bench: HON'BLE MR. JUSTICE J.B. PARDIWALA

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

DILIP N. SHROFF vs. JOINT COMMNR. OF INCOME TAX, MUMBAI &ANR

The appeal is allowed

capital gains. The report was filed in the prescribed form. All the required particulars/ information were furnished. In the said

ADD. COMMISSIONER OF INCOME TAX vs. BHARAT V. PATEL

Accordingly, these are hereby dismissed leaving

Bench: The Commissioner Of Income Tax (Appeals) Being No. Cab/I­643/2000­2001. After Considering The Case, Learned Cit (Appeals), Vide Order Dated 28.03.2002, Dismissed The Appeal Of The Respondent After Comprehensively Discussing The Taxability Of The Alleged Amount & Upholding The Assessment Order Passed By The Assessing Officer. 2

capital gains on transfer/redemption of shares, and hence, the Respondent   is   liable   to   pay   tax   on   capital   gains.   Being aggrieved

THE COMMISSIONER OF INCOME TAX 7 vs. M/S PAVILLE PROJECTS PVT LTD

Appeal is allowed

Bench: HON'BLE MR. JUSTICE M.R. SHAH

capital gains” in the computation of their income for AY 2007-08. The working computation of capital gains was accepted

THE BANK OF RAJASTHAN LTD. vs. COMMISSIONER OF INCOME TAX

Appeals are dismissed

Bench: HON'BLE MR. JUSTICE ABHAY S. OKA

gains   of   business   or profession.  E.—Capital gains.  F.—Income from other sources.”       Civil Appeal No.3291­3294 of 2009, etc. Page

COMMISSIONER OF INCOME TAX vs. SAKARLAL BALABHAI & CO

The appeals are allowed

capital gains and sale of shares, the bonus shares ought have been valued at average cost for the purposes of computing

COMMNR. OF INCOME TAX, AHMEDABAD vs. EQUINOX SOLUTION PVT. LTD

Bench: HON'BLE MR. JUSTICE ABHAY MANOHAR SAPRE

capital gain" and "short term capital asset" and held that since the undertaking itself is a capital asset owned by the assessee

KILLICK NIXON LTD., MUMBAI vs. DEPUTY COMNR. OF INCOME TAX,MUMBAI

In the result, we allow the appeal, set aside the judgment of the High

capital gains to the extent of Rs. 4,00,000.00. (d) Disallowance under Rule 6D to the extent of Rs. 31,963.00." Being

M.M. AQUA TECHNOLOGIES LTD. vs. COMMISSIONER OF INCOME TAX, DELHI - III

Appeals are allowed in the aforesaid terms

Bench: HON'BLE MR. JUSTICE ROHINTON FALI NARIMAN

capital gains under Section 48. Therefore sub-section (2) cannot be construed as bringing within the computation of capital gains