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13 results for “TDS”+ Capital Gainsclear

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Key Topics

Section 2607Addition to Income2

THE COMMISSIONER OF INCOME TAX III, vs. M/S. SAVIJANA SEA FOODS PVT. LTD.,

Appeals of the Revenue are dismissed

ITTA/55/2010HC Telangana20 Dec 2024

Bench: J SREENIVAS RAO,ALOK ARADHE

Section 260

gains‟ in their hands in their returns would not be relevant in deciding the issue whether the payment by the Assessee should be treated as „business expenditure.‟ As explained by the Madras High Court in CIT v. Sarda Binding Works 102 ITR 187 (Mad), it is the point of view of the payer which is relevant. 37. The decision

Commissioner of Income Tax, vs. M/s. Kokivenkateswara Reddy AND others,

Appeals of the Revenue are dismissed

ITTA/210/2003HC Telangana21 Jun 2011

Bench: V.V.S.RAO,RAMESH RANGANATHAN

Section 260

gains‟ in their hands in their returns would not be relevant in deciding the issue whether the payment by the Assessee should be treated as „business expenditure.‟ As explained by the Madras High Court in CIT v. Sarda Binding Works 102 ITR 187 (Mad), it is the point of view of the payer which is relevant. 37. The decision

M/S.P.SATYANARAYANA AND SONS vs. INCOME TAX OFFICER, WARD 1[9], HYDERABAD

Appeals are allowed

ITTA/209/2008HC Telangana08 Sept 2025

Bench: P.SAM KOSHY,NARSING RAO NANDIKONDA

Section 260

TDS at 20% under Section 195(1) of the Act and also paid the same to Government account. However, according to the assessee, since it is a cost sharing agreement and payments were made by the assesee for reimbursement of cost/expenses, no 16 income is embedded therein. Therefore, the assessee is not liable to deduct tax under Section

The Commissioner of Income Tax I vs. M/S Alloy Nitrides Limited,

The appeals stand allowed leaving the

ITTA/297/2011HC Telangana29 Feb 2016

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

capital of the Company to the several partners respectively in the partnership and as more fully described hereinabove in the Memorandum of Agreement. 2. To carry on, establish, setup and maintain hospitals and nursing home and aftercare home for the reception and treatment of ailing person and persons suffering from illness and for reception and treatment of patients and persons

The Commissioner of Income Tax IV, vs. M/s. Maheshwari Plaza Resorts (P) Ltd.,

The appeals stand allowed leaving the

ITTA/281/2011HC Telangana29 Feb 2016

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

capital of the Company to the several partners respectively in the partnership and as more fully described hereinabove in the Memorandum of Agreement. 2. To carry on, establish, setup and maintain hospitals and nursing home and aftercare home for the reception and treatment of ailing person and persons suffering from illness and for reception and treatment of patients and persons

The Commissioner of Income Tax (Central) vs. Sri R.Gowsreesham,

The appeals stand allowed leaving the

ITTA/296/2011HC Telangana29 Feb 2016

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

capital of the Company to the several partners respectively in the partnership and as more fully described hereinabove in the Memorandum of Agreement. 2. To carry on, establish, setup and maintain hospitals and nursing home and aftercare home for the reception and treatment of ailing person and persons suffering from illness and for reception and treatment of patients and persons

The Commissioner of Income Tax -IV vs. M/s. Meghadoot Drillers

The appeals stand allowed leaving the

ITTA/295/2011HC Telangana22 Nov 2011

capital of the Company to the several partners respectively in the partnership and as more fully described hereinabove in the Memorandum of Agreement. 2. To carry on, establish, setup and maintain hospitals and nursing home and aftercare home for the reception and treatment of ailing person and persons suffering from illness and for reception and treatment of patients and persons

Commissioner of Income Tax-2 vs. Agricultural Market Committee

The appeals stand allowed leaving the

ITTA/418/2011HC Telangana17 Nov 2011

Bench: V.V.S.RAO,SANJAY KUMAR

capital of the Company to the several partners respectively in the partnership and as more fully described hereinabove in the Memorandum of Agreement. 2. To carry on, establish, setup and maintain hospitals and nursing home and aftercare home for the reception and treatment of ailing person and persons suffering from illness and for reception and treatment of patients and persons

Commissioner of Income Tax vs. Agricultural Market Committee,

The appeals stand allowed leaving the

ITTA/415/2011HC Telangana17 Nov 2011

Bench: V.V.S.RAO,SANJAY KUMAR

capital of the Company to the several partners respectively in the partnership and as more fully described hereinabove in the Memorandum of Agreement. 2. To carry on, establish, setup and maintain hospitals and nursing home and aftercare home for the reception and treatment of ailing person and persons suffering from illness and for reception and treatment of patients and persons

Commissioner of Income Tax vs. Agricultural Market Committee

The appeals stand allowed leaving the

ITTA/417/2011HC Telangana17 Nov 2011

Bench: V.V.S.RAO,SANJAY KUMAR

capital of the Company to the several partners respectively in the partnership and as more fully described hereinabove in the Memorandum of Agreement. 2. To carry on, establish, setup and maintain hospitals and nursing home and aftercare home for the reception and treatment of ailing person and persons suffering from illness and for reception and treatment of patients and persons

Commissioner of Income Tax vs. Agricultural Market Committee

The appeals stand allowed leaving the

ITTA/414/2011HC Telangana17 Nov 2011

Bench: V.V.S.RAO,SANJAY KUMAR

capital of the Company to the several partners respectively in the partnership and as more fully described hereinabove in the Memorandum of Agreement. 2. To carry on, establish, setup and maintain hospitals and nursing home and aftercare home for the reception and treatment of ailing person and persons suffering from illness and for reception and treatment of patients and persons

The Commissioner of Income Tax -III vs. Sri T.C. Reddy

The appeal stands dismissed

ITTA/577/2011HC Telangana28 Feb 2012

capital of the company. This fact was brought to the notice of the assessee vide order sheet entry dated 29.12.2009. No satisfactory reply has been filed. It is therefore, disallowed from the revenue expenses claimed by the assessee. Penalty proceedings u/s271(1)(c) r.w 274 of the Income-tax Act for concealment and furnishing of inaccurate particulars are initiated separately

The Commissioner of Income Tax- I vs. M/s. Avon Organics Limited

ITTA/257/2012HC Telangana17 Jul 2012

Bench: GODA RAGHURAM,M.S.RAMACHANDRA RAO

Section 10B

gains of business or profession". 9. Delhi High Court in Commissioner of Income Tax Vs. Samsung India Electronics Ltd. (ITA 131/2010) decided on July 9, 2013, had held as under:- “7. The aforesaid distinction is relevant when we examine and refers to the definition of „previous year‟. Following the said judgment, in the case of CIT v. L.G. Electronic (India