Browse Tax Judgements
Showing 1–7 of 7 judgements · Browse by section & bench
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Atul Bansal vs. ACIT, Central Circle 16 & ACIT, Central Circle 16 vs. Atul Bansal
Assessee filed his return of income declaring income of Rs.55,11,320/-. The case was selected for scrutiny. Assessing Officer made an addition of Rs.71,08,35,311/- as deemed dividend u/s 2(22)(e) and rejected exemption claimed u/s 54. Asses…
Sanjay Gopaldas Bajaj Vs. ITO. Ward- 12(1)(1)
The assessee, Sanjay Gopaldas Bajaj, is a director of M/s. Abby Lighting and Switchgears Ltd. He did not file his return of income for the assessment year 2015-16 within the time prescribed under section 139(1) of the Income-tax Act, 1961. …
Rajani Shivaji Ghadge vs. Income Tax Officer
The assessment in this case was completed under sections 147, 144, and 144B of the Income Tax Act, 1961. The Assessing Officer (AO) brought to tax an amount of Rs. 51,48,592/- on account of the sale of immovable property as Short Term Capit…
Murtuza Kothari vs. ITO, Ward-19(2)(2)
The assessee, Murtuza Kothari, did not file his return of income for the Assessment Year 2015-16. He sold an immovable property for Rs. 86,00,000/-. The Assessing Officer (AO) selected the case for scrutiny under section 147 of the Income T…
Mukesh Vaikunthlal Mehta vs Income Tax Officer Ward 34(2)(1), Mumbai
The assessee, Mukesh Vaikunthlal Mehta, filed a return of income for the Assessment Year 2011-2012 declaring a total income of INR 59,459/-. The assessment was reopened, and the Assessing Officer noted capital gains income on account of the…
Mr. Suranjan Roy vs. ITO, Ward 62(1), Kolkata
The assessee, Mr. Suranjan Roy, sold a residential house property on 25.09.2019 for Rs. 53,00,000/-. He purchased another residential house about one year before the date on which the transfer of the original property took place. The assess…
ITA No.1011/Del/2023
The assessee, Kushal Singh, acquired a plot of land in 2006 and claimed deduction under Section 54F of the Income Tax Act for A.Y. 2014-15. He sold the property for Rs.417,00,000 and claimed a deduction of Rs.3,43,44,059 against the sale co…