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195 results for “capital gains”+ Section 2(31)clear

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Key Topics

Section 143(3)43Addition to Income43Section 26328Disallowance19Section 14818Deduction16Section 14715Capital Gains13Section 115J12Long Term Capital Gains

SHRI CHANDRASINH RAMSINH PARMAR,U T OF D & NH vs. THE INCOME TAX OFFICER, SILVASSA WARD,, SILVASSA

In the result, the appeals filed by the assessees (in ITA No

ITA 1709/AHD/2017[2013-14]Status: DisposedITAT Surat03 Nov 2020AY 2013-14

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita No.1235 & 1709/Ahd/2017 ("नधा"रणवष" / Assessment Year: (2013-14) (Virtual Court Hearing) Krishnakumar Ramsinh Parmar, The Income Tax Officer, Silvassa C-Twin Bunngalow 4, Manorath Ward-Silvassa. Vs. Residency, Gurudev Complex, Silvasa-396230. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Acfpp2308B (Assessee) (Respondent) Chandrasinh Ramsinh Parmar, The Income Tax Officer, Silvassa Vs. Parmarwadi, Sayli Road, Silvassa, Ward-Silvassa. Dadra & Nagar Haveli-3962310. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aiypp9167F (Assessee) (Respondent) Assessee By : Shri Hiren R Vepari - Ca Respondent By : Ms Anupama Singla – Sr. Dr सुनवाईक"तार"ख/ Date Of Hearing : 19/10/2020 घोषणाक"तार"ख/Date Of Pronouncement : 03/11/2020 आदेश / O R D E R Per Dr. A. L. Saini:

For Appellant: Shri Hiren R Vepari - CAFor Respondent: Ms Anupama Singla – Sr. DR
Section 143(3)Section 45(3)

31,000 Less: index cost 1677*75*852/100 Rs.10,71,603 Long term capital gain Rs.39,59,397 Half share of the assessee Rs.19,79,699/- Therefore, the amount of Rs.19,79,699/- (being share of assessee) was added under section 45(2

Showing 1–20 of 195 · Page 1 of 10

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Section 6811
Section 54E11

SHRI KRISHNAKUMAR RAMSINH PARMAR,,SILVASSA vs. THE INCOME TAX OFFICER,, VAPI

In the result, the appeals filed by the assessees (in ITA No

ITA 1235/AHD/2017[2013-14]Status: DisposedITAT Surat03 Nov 2020AY 2013-14

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकरअपीलसं./Ita No.1235 & 1709/Ahd/2017 ("नधा"रणवष" / Assessment Year: (2013-14) (Virtual Court Hearing) Krishnakumar Ramsinh Parmar, The Income Tax Officer, Silvassa C-Twin Bunngalow 4, Manorath Ward-Silvassa. Vs. Residency, Gurudev Complex, Silvasa-396230. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Acfpp2308B (Assessee) (Respondent) Chandrasinh Ramsinh Parmar, The Income Tax Officer, Silvassa Vs. Parmarwadi, Sayli Road, Silvassa, Ward-Silvassa. Dadra & Nagar Haveli-3962310. "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aiypp9167F (Assessee) (Respondent) Assessee By : Shri Hiren R Vepari - Ca Respondent By : Ms Anupama Singla – Sr. Dr सुनवाईक"तार"ख/ Date Of Hearing : 19/10/2020 घोषणाक"तार"ख/Date Of Pronouncement : 03/11/2020 आदेश / O R D E R Per Dr. A. L. Saini:

For Appellant: Shri Hiren R Vepari - CAFor Respondent: Ms Anupama Singla – Sr. DR
Section 143(3)Section 45(3)

31,000 Less: index cost 1677*75*852/100 Rs.10,71,603 Long term capital gain Rs.39,59,397 Half share of the assessee Rs.19,79,699/- Therefore, the amount of Rs.19,79,699/- (being share of assessee) was added under section 45(2

INCOME TAX OFFICER, WARD-2(3)(8), SURAT vs. MAHAVEER SHANTILAL JAIN, SURAT

ITA 453/SRT/2019[2013-14]Status: DisposedITAT Surat25 Sept 2023AY 2013-14

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.453/Srt/2019 "नधा"रण वष"/Assessment Year: (2013-14) (Physical Hearing) The Ito, Vs. Mahaveer Shantilal Jain, Ward-2(3)(8), Prop. M/S Mukesh Diamonds, 1St Surat. Office No.401, Floor, H.No.5/1171/72/73/1090, New Dtc, Hath Falia, Haripura, Surat – 395009. (Appellant) (Respondent) "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aqupj6439L Appellant By Shri Ritesh Mishra, Cit(Dr) Respondent By Shri P. M. Jagasheth, Ca Date Of Hearing 08/09/2023 Date Of Pronouncement 25/09/2023

Section 142(1)Section 143(2)Section 143(3)

31, section 33, section 33B, section 66 or section 66A of the Act. It was not contended, nor was it possible to contend, that by reason of the reference to the said provisions the powers and jurisdiction conferred on the respective. authorities, tribunals or courts referred to therein were enlarged or modified by a reference in the proviso or that

GIRDHARBHAI HARIBHAI GAJERA,SURAT vs. ITO(INTERNATIONAL TAXATION), SURAT

In the result, additional grounds raised by the assessee is allowed

ITA 143/SRT/2019[2015-16]Status: DisposedITAT Surat22 Feb 2023AY 2015-16

Bench: Shri Pawan Singh, Jm &Dr. A.L.Saini, Am आयकर अपील सं./Ita No.143/Srt/2019 (िनधा"रणवष" / Assessment Year: (2015-16) (Physical Court Hearing) Girdharbhai Haribhai Gajera Income Tax Officer 1,Vrushal Nagar, Opp. (International Taxation), 107, 1St Vs. Ktargam Police Station, Floor, Anavil Business Centre, Katargam Road, Surat-35004 Adajan-Hazira Road, Opp. Star Bazar, Adajan, Surat-395009 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Abepg 7339 M (Assessee ) (Respondent)

For Appellant: Shri Hiren R.Vepari, C.AFor Respondent: Shri Vinod Kumar, Sr-D.R
Section 142(1)Section 143(2)Section 143(3)Section 2(14)Section 271Section 45(2)

capital gain tax on transfer of land to firm – Held, yes [Para 86] [In favour of revenue] Reliance is also placed on decision of Hon'ble Delhi ITAT in the case of AO Vs. Shiva Gases [SOT 2] herein it is held as under: “Section 28(i) of the Income-tax Act, 1961 – Business loss/deductions – Allow- able as – Assessment year

SHRI HIMMATBHAI MOHANBHAI KHENI,,SURAT vs. THE ACIT, CIRCLE-9, SURAT

In the result, ground no.1 of the appeal is allowed

ITA 961/AHD/2015[2010-11]Status: DisposedITAT Surat31 Dec 2020AY 2010-11

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Virtual Court Hearing) Shri Himmatbhai Mohanbhai Kheni, Vs. Assistant Commissioner Of 410, Kashi Plaza, Majura Gate, Income Tax, Circle-(9), Surat Surat. [Pan: Abqpk7840K] Appellant Respondednt

Section 143(3)Section 254(1)Section 54F

31,81,012/- on 30.03.2011. The assessee is having the income from share in profit from firms, salary income and long term capital gain. The case was selected for scrutiny. During the assessment proceedings, the Assessing Officer noted that assessee has shown a long term capital gain of Rs.93,55,260/- and also claimed deduction of Rs.1

SHRI DINESHBHAI DAYALBHAI PATEL,,SURAT vs. THE INCOME TAX OFFICER, WARD-4(1),, SURAT

In the result, the corresponding ground of appeal is partly allowed

ITA 1648/AHD/2015[2010-11]Status: DisposedITAT Surat13 Apr 2022AY 2010-11

Bench: Shri Pawan Singh, Hon'Ble Jm & Dr. Arjun Lal Saini, Hon'Ble Am (Virtual Court Hearing) Sl.

31 2177/AHD/2015 Shri Bhaskerbhai Jamubhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(4), Surat. PAN: BISPP 5285 R 32 2178/AHD/2015 Smt. Jasuben Venibhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(1), Surat. PAN: BEXPP

SHRI NATVARBHAI JERAMBHAI PATEL,,SURAT vs. THE INCOME TAX OFFICER, WARD-4(3),, SURAT

In the result, the corresponding ground of appeal is partly allowed

ITA 1646/AHD/2015[2010-11]Status: DisposedITAT Surat13 Apr 2022AY 2010-11

Bench: Shri Pawan Singh, Hon'Ble Jm & Dr. Arjun Lal Saini, Hon'Ble Am (Virtual Court Hearing) Sl.

31 2177/AHD/2015 Shri Bhaskerbhai Jamubhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(4), Surat. PAN: BISPP 5285 R 32 2178/AHD/2015 Smt. Jasuben Venibhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(1), Surat. PAN: BEXPP

SHRI JAMUBHAI DAYALBHAI PATEL,,SURAT vs. THE INCOME TAX OFFICER, WARD-4(1),, SURAT

In the result, the corresponding ground of appeal is partly allowed

ITA 2174/AHD/2015[2010-11]Status: DisposedITAT Surat13 Apr 2022AY 2010-11

Bench: Shri Pawan Singh, Hon'Ble Jm & Dr. Arjun Lal Saini, Hon'Ble Am (Virtual Court Hearing) Sl.

31 2177/AHD/2015 Shri Bhaskerbhai Jamubhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(4), Surat. PAN: BISPP 5285 R 32 2178/AHD/2015 Smt. Jasuben Venibhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(1), Surat. PAN: BEXPP

SHRI GHANSHYAMBHAI NATVARBHAI PATEL,,SURAT vs. THE INCOME TAX OFFICER, WARD-4(1),, SURAT

In the result, the corresponding ground of appeal is partly allowed

ITA 1638/AHD/2015[2010-11]Status: DisposedITAT Surat13 Apr 2022AY 2010-11

Bench: Shri Pawan Singh, Hon'Ble Jm & Dr. Arjun Lal Saini, Hon'Ble Am (Virtual Court Hearing) Sl.

31 2177/AHD/2015 Shri Bhaskerbhai Jamubhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(4), Surat. PAN: BISPP 5285 R 32 2178/AHD/2015 Smt. Jasuben Venibhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(1), Surat. PAN: BEXPP

SHRI CHHAGANBHAI RATANJIBHAI PATEL,,SURAT vs. THE INCOME TAX OFFICER, WARD-4(4),, SURAT

In the result, the corresponding ground of appeal is partly allowed

ITA 1640/AHD/2015[2010-11]Status: DisposedITAT Surat13 Apr 2022AY 2010-11

Bench: Shri Pawan Singh, Hon'Ble Jm & Dr. Arjun Lal Saini, Hon'Ble Am (Virtual Court Hearing) Sl.

31 2177/AHD/2015 Shri Bhaskerbhai Jamubhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(4), Surat. PAN: BISPP 5285 R 32 2178/AHD/2015 Smt. Jasuben Venibhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(1), Surat. PAN: BEXPP

SHRI ISHVERBHAI DEVJIBHAI PATEL,SURAT vs. THE INCOME TAX OFFICER, WARD-4(1),, SURAT

In the result, the corresponding ground of appeal is partly allowed

ITA 1623/AHD/2015[2010-11]Status: DisposedITAT Surat13 Apr 2022AY 2010-11

Bench: Shri Pawan Singh, Hon'Ble Jm & Dr. Arjun Lal Saini, Hon'Ble Am (Virtual Court Hearing) Sl.

31 2177/AHD/2015 Shri Bhaskerbhai Jamubhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(4), Surat. PAN: BISPP 5285 R 32 2178/AHD/2015 Smt. Jasuben Venibhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(1), Surat. PAN: BEXPP

SHRI SATISHBHAI BHAGUBHAI PATEL,,SURAT vs. THE INCOME TAX OFFICER, WARD-4(4),, SURAT

In the result, the corresponding ground of appeal is partly allowed

ITA 1622/AHD/2015[2009-10]Status: DisposedITAT Surat13 Apr 2022AY 2009-10

Bench: Shri Pawan Singh, Hon'Ble Jm & Dr. Arjun Lal Saini, Hon'Ble Am (Virtual Court Hearing) Sl.

31 2177/AHD/2015 Shri Bhaskerbhai Jamubhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(4), Surat. PAN: BISPP 5285 R 32 2178/AHD/2015 Smt. Jasuben Venibhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(1), Surat. PAN: BEXPP

SHRI NAGINBHAI BABARBHAI PATEL,,SURAT vs. THE INCOME TAX OFFICER, WARD-4(3),, SURAT

In the result, the corresponding ground of appeal is partly allowed

ITA 1647/AHD/2015[2010-11]Status: DisposedITAT Surat13 Apr 2022AY 2010-11

Bench: Shri Pawan Singh, Hon'Ble Jm & Dr. Arjun Lal Saini, Hon'Ble Am (Virtual Court Hearing) Sl.

31 2177/AHD/2015 Shri Bhaskerbhai Jamubhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(4), Surat. PAN: BISPP 5285 R 32 2178/AHD/2015 Smt. Jasuben Venibhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(1), Surat. PAN: BEXPP

SHRI NAVINBHAI JERAMBHAI PATEL L/H OF LATE JERAMBHAI VALABHAI PATEL,,SURAT vs. THE INCOME TAX OFFICER, WARD-4(2),, SURAT

In the result, the corresponding ground of appeal is partly allowed

ITA 1644/AHD/2015[2010-11]Status: DisposedITAT Surat13 Apr 2022AY 2010-11

Bench: Shri Pawan Singh, Hon'Ble Jm & Dr. Arjun Lal Saini, Hon'Ble Am (Virtual Court Hearing) Sl.

31 2177/AHD/2015 Shri Bhaskerbhai Jamubhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(4), Surat. PAN: BISPP 5285 R 32 2178/AHD/2015 Smt. Jasuben Venibhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(1), Surat. PAN: BEXPP

SHRI NAVINBHAI PARBHUBHAI PATEL,,SURAT vs. THE INCOME TAX OFFICER, WARD-4(3),, SURAT

In the result, the corresponding ground of appeal is partly allowed

ITA 1645/AHD/2015[2010-11]Status: DisposedITAT Surat13 Apr 2022AY 2010-11

Bench: Shri Pawan Singh, Hon'Ble Jm & Dr. Arjun Lal Saini, Hon'Ble Am (Virtual Court Hearing) Sl.

31 2177/AHD/2015 Shri Bhaskerbhai Jamubhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(4), Surat. PAN: BISPP 5285 R 32 2178/AHD/2015 Smt. Jasuben Venibhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(1), Surat. PAN: BEXPP

SHRI SANJAYBHAI RATILAL PATEL,,SURAT vs. THE INCOME TAX OFFICER, WARD-4(4),, SURAT

In the result, the corresponding ground of appeal is partly allowed

ITA 2175/AHD/2015[2010-11]Status: DisposedITAT Surat13 Apr 2022AY 2010-11

Bench: Shri Pawan Singh, Hon'Ble Jm & Dr. Arjun Lal Saini, Hon'Ble Am (Virtual Court Hearing) Sl.

31 2177/AHD/2015 Shri Bhaskerbhai Jamubhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(4), Surat. PAN: BISPP 5285 R 32 2178/AHD/2015 Smt. Jasuben Venibhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(1), Surat. PAN: BEXPP

SHRI DINESHBHAI NAGINBHAI PATEL,,SURAT vs. THE INCOME TAX OFFICER, WARD-4(1),, SURAT

In the result, the corresponding ground of appeal is partly allowed

ITA 1624/AHD/2015[2010-11]Status: DisposedITAT Surat13 Apr 2022AY 2010-11

Bench: Shri Pawan Singh, Hon'Ble Jm & Dr. Arjun Lal Saini, Hon'Ble Am (Virtual Court Hearing) Sl.

31 2177/AHD/2015 Shri Bhaskerbhai Jamubhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(4), Surat. PAN: BISPP 5285 R 32 2178/AHD/2015 Smt. Jasuben Venibhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(1), Surat. PAN: BEXPP

SHRI KANTIBHAI PARSOTTAMBHAI PATEL,,SURAT vs. THE INCOME TAX OFFICER, WARD-4(2),, SURAT

In the result, the corresponding ground of appeal is partly allowed

ITA 1641/AHD/2015[2008-09]Status: DisposedITAT Surat13 Apr 2022AY 2008-09

Bench: Shri Pawan Singh, Hon'Ble Jm & Dr. Arjun Lal Saini, Hon'Ble Am (Virtual Court Hearing) Sl.

31 2177/AHD/2015 Shri Bhaskerbhai Jamubhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(4), Surat. PAN: BISPP 5285 R 32 2178/AHD/2015 Smt. Jasuben Venibhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(1), Surat. PAN: BEXPP

SHRI JAYESHBHAI PARBHUBHAI PATEL,,SURAT vs. THE INCOME TAX OFFICER, WARD-4(1),, SURAT

In the result, the corresponding ground of appeal is partly allowed

ITA 1639/AHD/2015[2010-11]Status: DisposedITAT Surat13 Apr 2022AY 2010-11

Bench: Shri Pawan Singh, Hon'Ble Jm & Dr. Arjun Lal Saini, Hon'Ble Am (Virtual Court Hearing) Sl.

31 2177/AHD/2015 Shri Bhaskerbhai Jamubhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(4), Surat. PAN: BISPP 5285 R 32 2178/AHD/2015 Smt. Jasuben Venibhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(1), Surat. PAN: BEXPP

SHRI SANJAYBHAI JAMUBHAI PATEL,,SURAT vs. THE INCOME TAX OFFICER, WARD-4(4),, SURAT

In the result, the corresponding ground of appeal is partly allowed

ITA 2176/AHD/2015[2010-11]Status: DisposedITAT Surat13 Apr 2022AY 2010-11

Bench: Shri Pawan Singh, Hon'Ble Jm & Dr. Arjun Lal Saini, Hon'Ble Am (Virtual Court Hearing) Sl.

31 2177/AHD/2015 Shri Bhaskerbhai Jamubhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(4), Surat. PAN: BISPP 5285 R 32 2178/AHD/2015 Smt. Jasuben Venibhai Patel The Income Tax 2010-11 Mata Faliya, At Post Hazira, Tal. Officer, Choryasi, Surat 394 270 Ward-4(1), Surat. PAN: BEXPP