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5 results for “bogus purchases”+ Capital Gainsclear

Sorted by relevance

Mumbai968Delhi334Jaipur196Ahmedabad169Kolkata140Bangalore87Chennai80Indore75Chandigarh60Cochin58Hyderabad55Pune50Raipur36Nagpur32Lucknow32Surat31Guwahati27Rajkot21Ranchi18Jodhpur14Cuttack12Amritsar9Patna8Visakhapatnam7Varanasi5Jabalpur2Agra2Dehradun1

Key Topics

Section 143(3)10Section 2635Capital Gains5Long Term Capital Gains5Penny Stock5Survey u/s 133A5Revision u/s 2635

ANJU JHUNJHUNWALA,VARANASI vs. PCIT, VARANASI

In the result, appeal of the assessee is allowed

ITA 198/VNS/2019[2015-2016]Status: DisposedITAT Varanasi07 Dec 2023AY 2015-2016
Section 143(3)Section 263

purchased the scrip of M/s. Rander Corporation Ltd., namely, M/s. JVL Agro Industries Ltd; Smt. Anju Jhunjhunwala and Shri Adarsh Jhunjhunwala, thus this was tainted transactions. 5.2 He further observed that, in the case of M/s. JVL Industries Agro Ltd, a family concern, the ACIT (Central Circle) has treated the long term capital gain on the same scrip as bogus

SARVESH KUMAR AGARWAL HUF,VARANASI vs. PCIT,, VARANASI

In the result, appeal of the assessee is allowed

ITA 252/VNS/2019[2015-2016]Status: DisposedITAT Varanasi07 Dec 2023AY 2015-2016
Section 143(3)
Section 263

purchased the scrip of M/s. Rander Corporation Ltd., namely, M/s. JVL Agro Industries Ltd; Smt. Anju Jhunjhunwala and Shri Adarsh Jhunjhunwala, thus this was tainted transactions. 5.2 He further observed that, in the case of M/s. JVL Industries Agro Ltd, a family concern, the ACIT (Central Circle) has treated the long term capital gain on the same scrip as bogus

VISHAL KANODIA,VARANASI vs. PCIT,, VARANASI

In the result, appeal of the assessee is allowed

ITA 85/VNS/2019[2014-2015]Status: DisposedITAT Varanasi07 Dec 2023AY 2014-2015
Section 143(3)Section 263

purchased the scrip of M/s. Rander Corporation Ltd., namely, M/s. JVL Agro Industries Ltd; Smt. Anju Jhunjhunwala and Shri Adarsh Jhunjhunwala, thus this was tainted transactions. 5.2 He further observed that, in the case of M/s. JVL Industries Agro Ltd, a family concern, the ACIT (Central Circle) has treated the long term capital gain on the same scrip as bogus

GOPI KRISHNA VINOD KUMAR HUF,GORAKHPUR vs. PCIT,, GORAKHPUR

In the result, appeal of the assessee is allowed

ITA 111/VNS/2020[2015-2016]Status: DisposedITAT Varanasi07 Dec 2023AY 2015-2016
Section 143(3)Section 263

purchased the scrip of M/s. Rander Corporation Ltd., namely, M/s. JVL Agro Industries Ltd; Smt. Anju Jhunjhunwala and Shri Adarsh Jhunjhunwala, thus this was tainted transactions. 5.2 He further observed that, in the case of M/s. JVL Industries Agro Ltd, a family concern, the ACIT (Central Circle) has treated the long term capital gain on the same scrip as bogus

VINOD KUMAR SARAF HUF,GORAKHPUR vs. PCIT,, GORAKHPUR

In the result, appeal of the assessee is allowed

ITA 112/VNS/2020[2015-2016]Status: DisposedITAT Varanasi07 Dec 2023AY 2015-2016
Section 143(3)Section 263

purchased the scrip of M/s. Rander Corporation Ltd., namely, M/s. JVL Agro Industries Ltd; Smt. Anju Jhunjhunwala and Shri Adarsh Jhunjhunwala, thus this was tainted transactions. 5.2 He further observed that, in the case of M/s. JVL Industries Agro Ltd, a family concern, the ACIT (Central Circle) has treated the long term capital gain on the same scrip as bogus