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5 results for “capital gains”+ Section 253(5)clear

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Key Topics

Section 2538Section 1475Condonation of Delay5Section 143(3)4Section 253(2)4Section 1484Capital Gains4Long Term Capital Gains4Limitation/Time-bar

KOSURU KRISHNAVENI,VISAKHAPATNAM vs. INCOME TAX OFFICER, WARD-3(3), VISAKHAPATNAM

In the result, appeal of the assessee is allowed for statistical purpose

ITA 414/VIZ/2025[2016-17]Status: DisposedITAT Visakhapatnam28 Aug 2025AY 2016-17

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआईटीए. नं. / Ita No. 414/Viz/2025 (A.Y. 2016-17) Kosuru Krishnaveni V. Income Tax Officer - Ward – 3(3) Flat No. 401, Jeevan Visakha Apartments Income Tax Office Mntc Colony, Seethammadhara Infinity Towers, Sankaramatam Road Visakhapatnam – 530013 Visakhapatnam – 530016 [Pan:Aotpd2598D] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

Section 147Section 69

capital gain arising from the sale of the house. 3. The assessing officer reopened the case of the appellant for A.Y.2016-17 on the ground that the appellant purchased a house for Rs.62,43,000 and also invested Rs.9,00,000 in fixed deposits and did not file the return of income for the relevant year. The appellant was not aware

THE ITO, WARD-1, , TENALI vs. JASTI LAKSHMAIAH, TENALI

ITA 163/VIZ/2020[2009-10]Status: Disposed
4
ITAT Visakhapatnam
25 Jul 2024
AY 2009-10

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.161 & 162/Viz/2020 (निर्धारणवर्ा/ Assessment Years: 2009-10 & 2010-11) Income Tax Officer, Vs. Smt. Koganti Vijaya Kumari Ward-1, Tenali. L/R Of Late Koganti Bhavani Sankar, Tenali, Guntur Dist. Pan: Clwps0224B (अपीलधर्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकरअपीलसं./ I.T.A. No.163 & 164/Viz/2020 (निर्धारणवर्ा/ Assessment Years: 2009-10 & 2010-11) Income Tax Officer, Vs. Sri Jasti Lakshmaiah, Ward-1, Tenali. Tenali, Guntur District. Pan: Agapj3292P (अपीलधर्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधर्थीकीओरसे/ Assessee By : Sri I Kama Sastry, Ar प्रत्यधर्थीकीओरसे/ Revenue By : Dr. Satyasai Rath, Cit-Dr सुिवधईकीतधरीख/ Date Of Hearing : 22/05/2024 घोर्णधकीतधरीख/Date Of : 25/07/2024 Pronouncement O R D E R Per S. Balakrishnan: These Appeals Are Filed By The Revenue Against The Orders Of The Learned Commissioner Of Income Tax (Appeals)-2, Guntur

For Appellant: Sri I Kama Sastry, ARFor Respondent: Dr. Satyasai Rath, CIT-DR
Section 143(3)Section 147Section 148Section 253Section 253(2)

253 of the Act keeping in view of the relaxation of certain provisions of specified Act extending the limitation dates by the ‘Ministry of Law & Justice’ vide Gazette Notification No. CG-DL-E-31022020-218979, dated 31/3/2020 till 30/06/2020 and the subsequent Gazette Notification No. CG-DL- E-24062020-220145, dated 24/06/2020 issued by the Ministry of Finance

THE ITO, WARD-1, , TENALI vs. JASTI LAKSHMAIAH, TENALI

ITA 164/VIZ/2020[2010-11]Status: DisposedITAT Visakhapatnam25 Jul 2024AY 2010-11

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.161 & 162/Viz/2020 (निर्धारणवर्ा/ Assessment Years: 2009-10 & 2010-11) Income Tax Officer, Vs. Smt. Koganti Vijaya Kumari Ward-1, Tenali. L/R Of Late Koganti Bhavani Sankar, Tenali, Guntur Dist. Pan: Clwps0224B (अपीलधर्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकरअपीलसं./ I.T.A. No.163 & 164/Viz/2020 (निर्धारणवर्ा/ Assessment Years: 2009-10 & 2010-11) Income Tax Officer, Vs. Sri Jasti Lakshmaiah, Ward-1, Tenali. Tenali, Guntur District. Pan: Agapj3292P (अपीलधर्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधर्थीकीओरसे/ Assessee By : Sri I Kama Sastry, Ar प्रत्यधर्थीकीओरसे/ Revenue By : Dr. Satyasai Rath, Cit-Dr सुिवधईकीतधरीख/ Date Of Hearing : 22/05/2024 घोर्णधकीतधरीख/Date Of : 25/07/2024 Pronouncement O R D E R Per S. Balakrishnan: These Appeals Are Filed By The Revenue Against The Orders Of The Learned Commissioner Of Income Tax (Appeals)-2, Guntur

For Appellant: Sri I Kama Sastry, ARFor Respondent: Dr. Satyasai Rath, CIT-DR
Section 143(3)Section 147Section 148Section 253Section 253(2)

253 of the Act keeping in view of the relaxation of certain provisions of specified Act extending the limitation dates by the ‘Ministry of Law & Justice’ vide Gazette Notification No. CG-DL-E-31022020-218979, dated 31/3/2020 till 30/06/2020 and the subsequent Gazette Notification No. CG-DL- E-24062020-220145, dated 24/06/2020 issued by the Ministry of Finance

ITO, WARD-1, , TENALI vs. SMT KOGANTI VIJAYA KUMARI L/H OF LATE KOGANTI BHAVANI SANKAR, GUNTUR

ITA 161/VIZ/2020[2009-10]Status: DisposedITAT Visakhapatnam25 Jul 2024AY 2009-10

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.161 & 162/Viz/2020 (निर्धारणवर्ा/ Assessment Years: 2009-10 & 2010-11) Income Tax Officer, Vs. Smt. Koganti Vijaya Kumari Ward-1, Tenali. L/R Of Late Koganti Bhavani Sankar, Tenali, Guntur Dist. Pan: Clwps0224B (अपीलधर्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकरअपीलसं./ I.T.A. No.163 & 164/Viz/2020 (निर्धारणवर्ा/ Assessment Years: 2009-10 & 2010-11) Income Tax Officer, Vs. Sri Jasti Lakshmaiah, Ward-1, Tenali. Tenali, Guntur District. Pan: Agapj3292P (अपीलधर्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधर्थीकीओरसे/ Assessee By : Sri I Kama Sastry, Ar प्रत्यधर्थीकीओरसे/ Revenue By : Dr. Satyasai Rath, Cit-Dr सुिवधईकीतधरीख/ Date Of Hearing : 22/05/2024 घोर्णधकीतधरीख/Date Of : 25/07/2024 Pronouncement O R D E R Per S. Balakrishnan: These Appeals Are Filed By The Revenue Against The Orders Of The Learned Commissioner Of Income Tax (Appeals)-2, Guntur

For Appellant: Sri I Kama Sastry, ARFor Respondent: Dr. Satyasai Rath, CIT-DR
Section 143(3)Section 147Section 148Section 253Section 253(2)

253 of the Act keeping in view of the relaxation of certain provisions of specified Act extending the limitation dates by the ‘Ministry of Law & Justice’ vide Gazette Notification No. CG-DL-E-31022020-218979, dated 31/3/2020 till 30/06/2020 and the subsequent Gazette Notification No. CG-DL- E-24062020-220145, dated 24/06/2020 issued by the Ministry of Finance

THE ITO, WARD-1, , TENALI vs. SMT KOGANTI VIJAYA KUMARI L/H OF LATE KOGANTI BHAVANI SANKAR, TENALI

ITA 162/VIZ/2020[2010-11]Status: DisposedITAT Visakhapatnam25 Jul 2024AY 2010-11

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.161 & 162/Viz/2020 (निर्धारणवर्ा/ Assessment Years: 2009-10 & 2010-11) Income Tax Officer, Vs. Smt. Koganti Vijaya Kumari Ward-1, Tenali. L/R Of Late Koganti Bhavani Sankar, Tenali, Guntur Dist. Pan: Clwps0224B (अपीलधर्थी/ Appellant) (प्रत्यर्थी/ Respondent) आयकरअपीलसं./ I.T.A. No.163 & 164/Viz/2020 (निर्धारणवर्ा/ Assessment Years: 2009-10 & 2010-11) Income Tax Officer, Vs. Sri Jasti Lakshmaiah, Ward-1, Tenali. Tenali, Guntur District. Pan: Agapj3292P (अपीलधर्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधर्थीकीओरसे/ Assessee By : Sri I Kama Sastry, Ar प्रत्यधर्थीकीओरसे/ Revenue By : Dr. Satyasai Rath, Cit-Dr सुिवधईकीतधरीख/ Date Of Hearing : 22/05/2024 घोर्णधकीतधरीख/Date Of : 25/07/2024 Pronouncement O R D E R Per S. Balakrishnan: These Appeals Are Filed By The Revenue Against The Orders Of The Learned Commissioner Of Income Tax (Appeals)-2, Guntur

For Appellant: Sri I Kama Sastry, ARFor Respondent: Dr. Satyasai Rath, CIT-DR
Section 143(3)Section 147Section 148Section 253Section 253(2)

253 of the Act keeping in view of the relaxation of certain provisions of specified Act extending the limitation dates by the ‘Ministry of Law & Justice’ vide Gazette Notification No. CG-DL-E-31022020-218979, dated 31/3/2020 till 30/06/2020 and the subsequent Gazette Notification No. CG-DL- E-24062020-220145, dated 24/06/2020 issued by the Ministry of Finance