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6 results for “capital gains”+ Section 55(2)(ac)clear

Sorted by relevance

Mumbai191Karnataka106Delhi106Hyderabad96Chandigarh50Calcutta50Chennai50Bangalore43Kolkata41Ahmedabad25Jaipur16Pune14Indore13Telangana11Surat8SC7Visakhapatnam6Rajasthan4Rajkot4Agra3Lucknow3Panaji3Nagpur3Raipur1Andhra Pradesh1

Key Topics

Section 14832Section 143(2)12Section 2638Section 53A8Section 143(3)8Section 2(47)4Section 1474Section 1514Addition to Income

SWARAJYAM DONTIREDDY,GUNTUR vs. INCOME TAX OFFICER, WARD-2(1), GUNTUR

In the result, all the 4 appeals of the assessee are allowed

ITA 217/VIZ/2024[2016-17]Status: DisposedITAT Visakhapatnam13 May 2025AY 2016-17

Bench: Shri Vijay Pal Rao, Vice-A N D Shri S. Balakrishnanappeal No. Assessee Respondent A.Y 209/Viz/2024 Konda Srinivasa Income Tax Officer 2016-17 Reddy, Guntur, Ward 2(1) Pan:Aafhk9821E Guntur 216/Viz/2024 Veerareddy Gogula - Do - -Do- Guntur Pan:Byapg6481J - Do - 217/Viz/2024 Swarajyam -Do- Dontireddy Guntur Pan:Cmmpd3393K - Do - 218/Viz/2024 Vijaya Lakshmi -Do- Ravula, Guntur Pan:Baopr0163G

For Appellant: Shri C. Subrahmanyam, CAFor Respondent: : Shri Satyasai Rath, DR
Section 143(2)Section 143(3)Section 147Section 148Section 151Section 2(47)Section 263Section 53A
4
Capital Gains2
Long Term Capital Gains2
Short Term Capital Gains2

Ac. 9.13 cents as above for the development of the same into a residential complex and the Developer evinced interest in development of the residential complex in the Scheduled Land by obtaining all the requisite permits and sanction of plans from the concerned authorities for the proposed residential project”. 10.2 Thus, it is clear that the owners decided to entrust

VEERAREDDY GOGULA,GUNTUR vs. INCOME TAX OFFICER, WARD-2(1), GUNTUR

In the result, all the 4 appeals of the assessee are allowed

ITA 216/VIZ/2024[2016-17]Status: DisposedITAT Visakhapatnam13 May 2025AY 2016-17

Bench: Shri Vijay Pal Rao, Vice-A N D Shri S. Balakrishnanappeal No. Assessee Respondent A.Y 209/Viz/2024 Konda Srinivasa Income Tax Officer 2016-17 Reddy, Guntur, Ward 2(1) Pan:Aafhk9821E Guntur 216/Viz/2024 Veerareddy Gogula - Do - -Do- Guntur Pan:Byapg6481J - Do - 217/Viz/2024 Swarajyam -Do- Dontireddy Guntur Pan:Cmmpd3393K - Do - 218/Viz/2024 Vijaya Lakshmi -Do- Ravula, Guntur Pan:Baopr0163G

For Appellant: Shri C. Subrahmanyam, CAFor Respondent: : Shri Satyasai Rath, DR
Section 143(2)Section 143(3)Section 147Section 148Section 151Section 2(47)Section 263Section 53A

Ac. 9.13 cents as above for the development of the same into a residential complex and the Developer evinced interest in development of the residential complex in the Scheduled Land by obtaining all the requisite permits and sanction of plans from the concerned authorities for the proposed residential project”. 10.2 Thus, it is clear that the owners decided to entrust

KONDA SRINIVASA REDDY,GUNTUR vs. INCOME TAX OFFICER, WARD-2(1), GUNTUR

In the result, all the 4 appeals of the assessee are allowed

ITA 209/VIZ/2024[2016-17]Status: DisposedITAT Visakhapatnam13 May 2025AY 2016-17

Bench: Shri Vijay Pal Rao, Vice-A N D Shri S. Balakrishnanappeal No. Assessee Respondent A.Y 209/Viz/2024 Konda Srinivasa Income Tax Officer 2016-17 Reddy, Guntur, Ward 2(1) Pan:Aafhk9821E Guntur 216/Viz/2024 Veerareddy Gogula - Do - -Do- Guntur Pan:Byapg6481J - Do - 217/Viz/2024 Swarajyam -Do- Dontireddy Guntur Pan:Cmmpd3393K - Do - 218/Viz/2024 Vijaya Lakshmi -Do- Ravula, Guntur Pan:Baopr0163G

For Appellant: Shri C. Subrahmanyam, CAFor Respondent: : Shri Satyasai Rath, DR
Section 143(2)Section 143(3)Section 147Section 148Section 151Section 2(47)Section 263Section 53A

Ac. 9.13 cents as above for the development of the same into a residential complex and the Developer evinced interest in development of the residential complex in the Scheduled Land by obtaining all the requisite permits and sanction of plans from the concerned authorities for the proposed residential project”. 10.2 Thus, it is clear that the owners decided to entrust

VIJAYA LAKSHMI RAVULA,GUNTUR vs. INCOME TAX OFFICER, WARD-2(1), GUNTUR

In the result, all the 4 appeals of the assessee are allowed

ITA 218/VIZ/2024[2016-17]Status: DisposedITAT Visakhapatnam13 May 2025AY 2016-17

Bench: Shri Vijay Pal Rao, Vice-A N D Shri S. Balakrishnanappeal No. Assessee Respondent A.Y 209/Viz/2024 Konda Srinivasa Income Tax Officer 2016-17 Reddy, Guntur, Ward 2(1) Pan:Aafhk9821E Guntur 216/Viz/2024 Veerareddy Gogula - Do - -Do- Guntur Pan:Byapg6481J - Do - 217/Viz/2024 Swarajyam -Do- Dontireddy Guntur Pan:Cmmpd3393K - Do - 218/Viz/2024 Vijaya Lakshmi -Do- Ravula, Guntur Pan:Baopr0163G

For Appellant: Shri C. Subrahmanyam, CAFor Respondent: : Shri Satyasai Rath, DR
Section 143(2)Section 143(3)Section 147Section 148Section 151Section 2(47)Section 263Section 53A

Ac. 9.13 cents as above for the development of the same into a residential complex and the Developer evinced interest in development of the residential complex in the Scheduled Land by obtaining all the requisite permits and sanction of plans from the concerned authorities for the proposed residential project”. 10.2 Thus, it is clear that the owners decided to entrust

ERRAMILLI GURUNADHA SASTRY,,VISAKHAPATNAM vs. INCOME TAX OFFICER, WARD-3(2), , VISAKHAPATNAM

In the result, appeals of the assessee are allowed

ITA 424/VIZ/2018[2007-08]Status: DisposedITAT Visakhapatnam26 Sept 2019AY 2007-08

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.424 & 425/Viz/2018 (ननधधारण वर्ा/Assessment Year : 2007-08 & 2008-09 Respectively) Erramilli Gurunadha Sastry Vs. Income Tax Officer D.No.50-97-3 Ward-3(2) Seethammadhara Visakhapatnam Visakhapatnam [Pan : Aacpe5039M] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधथी की ओर से/ Appellant By : Shri Gvn Hari, Ar प्रत्यधथी की ओर से / Respondent By : Smt Suman Malik, Dr सुनवधई की तधरीख / Date Of Hearing : 28.08.2019 घोर्णध की तधरीख/Date Of Pronouncement : 30.09.2019 आदेश /O R D E R

For Appellant: Shri GVN Hari, ARFor Respondent: Smt Suman Malik, DR
Section 142(1)Section 144Section 148Section 50C

AC Sheet admeasuring 250 sft. at D.No.55-6-49/2, Survey No.29 Part of Maddilapalem Village, Visakhapatnam to Sri Maradana Gurumurthy, Tatichetla Palem, Visakhapatnam for a consideration of Rs.4,00,000/- vide registered sale deed bearing No.937/2007 dated 06.02.2007. The market value of the property as per the stamp duty was fixed at Rs.9,34,800/-. Therefore

ERRAMILLI GURUNADHA SASTRY,,VISAKHAPATNAM vs. INCOME TAX OFFICER, WARD-3(2),, VISAKHAPATNAM

In the result, appeals of the assessee are allowed

ITA 425/VIZ/2018[2008-09]Status: DisposedITAT Visakhapatnam26 Sept 2019AY 2008-09

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.424 & 425/Viz/2018 (ननधधारण वर्ा/Assessment Year : 2007-08 & 2008-09 Respectively) Erramilli Gurunadha Sastry Vs. Income Tax Officer D.No.50-97-3 Ward-3(2) Seethammadhara Visakhapatnam Visakhapatnam [Pan : Aacpe5039M] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधथी की ओर से/ Appellant By : Shri Gvn Hari, Ar प्रत्यधथी की ओर से / Respondent By : Smt Suman Malik, Dr सुनवधई की तधरीख / Date Of Hearing : 28.08.2019 घोर्णध की तधरीख/Date Of Pronouncement : 30.09.2019 आदेश /O R D E R

For Appellant: Shri GVN Hari, ARFor Respondent: Smt Suman Malik, DR
Section 142(1)Section 144Section 148Section 50C

AC Sheet admeasuring 250 sft. at D.No.55-6-49/2, Survey No.29 Part of Maddilapalem Village, Visakhapatnam to Sri Maradana Gurumurthy, Tatichetla Palem, Visakhapatnam for a consideration of Rs.4,00,000/- vide registered sale deed bearing No.937/2007 dated 06.02.2007. The market value of the property as per the stamp duty was fixed at Rs.9,34,800/-. Therefore