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Income-tax Act · Case Law

Section 50 Income Tax Case Law — Capital Gains on Depreciable Assets

Browse 124 Income-tax Appellate Tribunal, High Court and Supreme Court judgments that deal with Section 50 (Capital Gains on Depreciable Assets) of the Income-tax Act. Each ruling shows the parties, citation, court, year and who it went in favour of — with the full order text. Use them to understand how Section 50 has been interpreted and to support a notice reply, appeal or assessment.

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Judgments on Section 50 (showing 124 of 124)

Sashi Prasad Barooah v. The Agriculture Income-Tax Officer, Shillong, Assam & Ors
Supreme Court · 1977 · [1977] 2 S.C.R. 645 · Dismissed
Revenue
S. R. Y. Sivaram Prasad Bahadur v. The Commissioner Of Income Tax Hyderabad
Supreme Court · 1971 · [1972] 1 S.C.R. 320 · Allowed
Assessee
P.rajarajan v. The Principal Director Of Income Tax (Investigation)
High Court · 2025 · Dismissed
Revenue
Pr. Commissioner Of Income Tax, Delhi-7 v. M/S Thomson Press (India) Ltd
High Court · 2025 · Dismissed
Assessee
I.assistant Commissioner Of Income Tax, Rajkot v. Saurashtra Kutch Stock Exchange Ltd. (2008) 14 Scc 171 Kutch Stock Exchange Ltd. (2008) 14 Scc 171
High Court · 2025 · Allowed
Revenue
Nc: 2025:Khc:9396-Dbita v. Cit (Reported In (2021) 130 Taxmanc.com 238 (Sc)”?
High Court · 2025 · Allowed
Assessee
Tvl.chandro Process v. The Deputy Commissioner Of Income Tax
High Court · 2025 · Dismissed
Revenue
Arun Mammenrepresented By His Power Agent Jossy M.joseph v. The Deputy Director Of Income Tax (Investigation),Unit 3(2), Room
High Court · 2025 · Allowed
Assessee
Sanjay Bhandari v. Income Tax Office
High Court · 2024 · Dismissed
Revenue
Ita/372/2022 Of The Pr. Commissioner Of Income Tax v. Bellandur Chikkagurappa Jayaramareddy
High Court · 2024 · Other
—
Crl.p/101368/2019 Of Smt.dhanashree Ravindra Pandit v. The Income Tax Department
High Court · 2024 · Allowed
Assessee
Ita/12/2018 Principal Commissioner Of Income Tax, Kolkata-4, Kolkata v. M/S. Akzo Noble India Limited
High Court · 2024 · Dismissed
Assessee
Doc v. Reliance Petroproducts Pvt. Ltd.[1] Wherein It Has Been Held
High Court · 2024 · Allowed
—
Venkataramachettiar Manoharan v. The Income Tax Officer
High Court · 2024 · Dismissed
Revenue
Shourya Infrastructure Pvt. Ltd v. Income Tax Officer, Ward 23(2) & Anr
High Court · 2023 · Other
—
Pradip Prasad .... .... … v. Union Of India Through Deputy Director Of Income Tax
High Court · 2023 · Allowed
Assessee
Wp/16692/2022 Of Xiaomi Technology India Private Limited v. Deputy Commissioner Of Income Tax
High Court · 2022 · Allowed
Assessee
Taxap/879/2018 Of Principal Commissioner Of Income Tax, Surat-1 v. Natvarlal Purshottamdas Patel
High Court · 2022 · Dismissed
Assessee
Itxa/169/2018 Of Pr. Commissioner Of Income Tax -15 v. Just Textiles Limited
High Court · 2022 · Dismissed
Assessee
Samuel v. The Income Tax Officer, Ward-4, Tirunelveli
High Court · 2022 · Allowed
Assessee
Principal Commissioner Of Income Tax, Kolkata-4 v. Eveready Industries India Limited
High Court · 2021 · Dismissed
Assessee
Crl.p/689/2020 Of Sri. K Mohammed Haris v. The Income Tax Department
High Court · 2021 · Allowed
Assessee
The Commissioner Of Income Tax – 3, …Appellantmumbai v. Galiakot Containers Pvt. Ltd. Mumbai
High Court · 2021 · Allowed
Revenue
M/S.drs Industries Private Limited,Flat v. The Deputy Commissioner Of Income Tax, Central Circle-I, Main Building
High Court · 2021 · Allowed
Assessee
The Commissioner Of Income Tax, Chennai v. M/S.a.r.housing (P) Ltd
High Court · 2021 · Other
—
M/S.palghat Credit Corporation v. The Principal Commissioner Of Income Tax-3 Room
High Court · 2021 · Other
—
C/Sca/21124/2019 Order v. Income Tax Officer
High Court · 2021 · Dismissed
Revenue
Nisha Diamonds Private Limited v. Income Tax Officer Ward 1(1)(4
High Court · 2021 · Dismissed
Revenue
Commissioner Of Income Tax, Coimbatore v. Shri T.s.r.khannaiyann
High Court · 2021 · Dismissed
Assessee
Ita/70/2015 Of V.s. Chandrashekar v. Assistant Commissioner Of Income Tax
High Court · 2021 · Other
—
Tax Case Appeal v. The Assistant Commissioner Of Income Tax,Central Circle I (2),Chennai - 600 034
High Court · 2021 · Allowed
Assessee
The Commissioner Of Income Tax, Chennai v. Shri Vummudi Amarendran New
High Court · 2020 · Dismissed
Assessee
Tca/60/2016 Of Commissioner Of Income Tax v. M/S.sundaram Clayton Ltd
High Court · 2020 · Dismissed
Assessee
Wp/2825/2019 Of Samir Narain Bhojwani v. Deputy Commissioner Of Income-Tax, Central Circle 3(4), Mumbai And 2 Ors
High Court · 2019 · Other
—
Wa/3611/2019 Of Sri Sachin Narayan v. The Income Tax Department
High Court · 2019 · Dismissed
Revenue
Chennai-58 v. Https://Hcservices.ecourts.gov.in/Hcservices
High Court · 2019 · Dismissed
—
Pr.commissioner Of Income Tax-15 v. M/S Modern Lace House
High Court · 2019 · Dismissed
Assessee
Principal Commissioner Of Income Tax 2, Vadodara v. Rital R. Patel
High Court · 2019 · Allowed
Revenue
In Commissioner Of Income Tax v. Corporation Of Cochin Zonal Office Mattanchery
High Court · 2019 · Other
—
Tca/90/2009 Of Alankar Business Corpn Ltd v. The Income Tax Officer
High Court · 2019 · Allowed
Assessee
M/S Firoz Tin Factory… v. Kotwal, Jj
High Court · 2019 · Dismissed
—
Ms Tarla Krishnakumar Shah v. Income Tax Officer & Ors
High Court · 2019 · Allowed
Assessee
Tca/244/2011 Of Commissioner Of Income Tax I v. M/S Baghmar Finance Ltd
High Court · 2019 · Allowed
Revenue
Tca/143/2009 Of M/S Jaidayal Prannath Kapur v. The Income Tax Officer
High Court · 2018 · Other
—
Alok Mukherjee (Individual), Hathi Babu Bagh, Station Road,Jaipur v. Income Tax Officer, Ward 3(2), Jaipur
High Court · 2017 · Allowed
Assessee
Income Tax Reference v. Versusthe Commissioner Of Income Tax,City-Ix, Mumbai
High Court · 2017 · Allowed
—
Commissioner Of Income Tax, Jaipur-Ii, Jaipur v. Shri Satya Dev Sharma
High Court · 2017 · Dismissed
Assessee
Commissioner Of Income Tax, Jaipur-Ii, Jaipur v. Sh. Jatin Haryani
High Court · 2017 · Dismissed
Assessee
D.b. Income Tax Appeal v. Shri Sher Singh Sunda, Anand Nagar, Sikar
High Court · 2017 · Dismissed
Assessee
The Commissioner Of Income Tax,Chennai v. M/S.alankar Business Corporation Ltd
High Court · 2017 · Other
—
Income Tax Appeal v. J.v.salunke,Pa
High Court · 2017 · Allowed
Revenue
S.p.balasubramaniam v. Assistant Commissioner Of Income Tax
High Court · 2017 · Allowed
Assessee
Pr. Commissioner Of Income Tax-6 v. Modipon Limited
High Court · 2017 · Dismissed
Assessee
Triune Projects Private Limited v. Deputy Commissioner Of Income Tax
High Court · 2016 · Allowed
Assessee
Shri.gerard Perira v. The Income-Tax Officer,Range Xv(1), Chennai
High Court · 2016 · Allowed
Assessee
Commissioner Of Income Tax v. M/S Salora International Ltd
High Court · 2016 · Allowed
Revenue
Commissioner Of Income Tax v. Dharampal Satyapal
High Court · 2016 · Allowed
Revenue
Commissioner Of Income Tax v. M/S Purewal And Associates Ltd
High Court · 2015 · Allowed
Revenue
Teletube Electronics Ltd v. Teletube Electronics Ltd
High Court · 2015 · Allowed
—
Income Tax Appeal v. The Assistant Commissioner Of Income Tax
High Court · 2015 · Dismissed
—
Shri Lal Mahal Limited v. Commissioner Of Income Tax
High Court · 2015 · Allowed
Assessee
Commissioner Of Income Tax-5 v. M/S India Securities Ltd
High Court · 2015 · Allowed
Revenue
Thermal Nagar, Tuticorin v. The Assistant Commissioner Of Income Taxcircle - I(1), Tuticorin
High Court · 2015 · Allowed
Assessee
Gujarat Narmada Vally Fertilisers Ltd v. Deputy Commissioner Of Income Tax....opponent(S
High Court · 2014 · Allowed
Assessee
Commissioner Of Income Tax v. Shree Agro Chemicals....opponent(S
High Court · 2014 · Allowed
Revenue
Itxa/1506/2012 Of The Commissioner Of Income Tax - 5 v. M/S.cadbary India Ltd
High Court · 2014 · Allowed
Revenue
Gujarat Petrosynthese Limited v. Additional Commissioner Of Income Tax....opponent(S
High Court · 2014 · Allowed
Assessee
Commissioner Of Income-Taxcoimbatore v. M/S.kikani Exports P. Ltd
High Court · 2014 · Dismissed
Assessee
Shree Jee Bhai Nathu Charitable Trust& Anr.… v. The Assistant Commissioner Of Income Tax-14(3)Mumbai & Anr
High Court · 2014 · Other
—
Port Trust v. O/Taxap/575/2009 Judgment
High Court · 2014 · Dismissed
—
Itxa/672/2011 Of The Commissioner Of Income Tax -11 Mumbai v. New Era Talkies
High Court · 2014 · Allowed
Revenue
Commissioner Of Income Tax Tax-Iii v. M/S. Priyanka Gems....opponent(S
High Court · 2014 · Dismissed
Assessee
Commissioner Of Income Tax I v. Aditya Medisales Ltd....opponent(S
High Court · 2013 · Other
—
Commissioner Of Income Tax-Ii, Chandigarh v. M/S Punjab Anand Industries, Mohali
High Court · 2013 · Allowed
Revenue
Commissioner Of Income Tax, Bilaspur v. Income Tax Appellate Tribunal, Jabalpjur And Another
High Court · 2013 · Allowed
—
Ita/941/2006 Of The Commissioner Of Income Tax v. Mahabaleswara Enterprises
High Court · 2013 · Allowed
Revenue
Itxa/1565/2011 Of Commissioner Of Income Tax, 11 Mumbai v. Deccan Talkies
High Court · 2013 · Allowed
—
Itxa/1010/2013 Of Commissioner Of Income Tax -16 v. M/S Haribhai B. Desai
High Court · 2013 · Allowed
Revenue
The Commissioner Of Income Tax – 24, Mumbai v. M/S.united Paper Industries, Mumbai
High Court · 2013 · Allowed
Revenue
The Commissioner Of Income Tax – 9, Mumbai v. Pursarth Trading Company Private Limited
High Court · 2013 · Allowed
Revenue
The Commissioner Of Income Tax – 19, Mumbai v. M/S.manali Investment
High Court · 2013 · Allowed
Revenue
Itxa/1704/2011 Of Commissioner Of Income Tax -21 Mumbai v. Meeta Machine Tools
High Court · 2013 · Allowed
Revenue
The Commissioner Of Income Tax-9 v. Hathway Investments Pvt. Ltd
High Court · 2013 · Allowed
Revenue
Itxa/224/2012 Of The Commissioner Of Income Tax- 12, Mumbai v. M/S. Bharat Enterprises
High Court · 2013 · Dismissed
Assessee
Itxa/1211/2011 Of The Commissioner Of Income Tax -V Pune v. Subhash Raghunath Waghere
High Court · 2013 · Dismissed
Assessee
The Commissioner Of Income Tax Delhi-Ii v. Khoobsurat Resorts Pvt. Ltd
High Court · 2012 · Dismissed
Assessee
Mumbai – 400 036 v. Commissioner Of Income-Tax – 5
High Court · 2012 · Other
—
Cit v. Ansal Properties & Infrastructure Ltd
High Court · 2012 · Other
—
Commissioner Of Income Tax-Iv v. M/S. I. K. International Pvt. Ltd
High Court · 2012 · Dismissed
Assessee
The Commissioner Of Income Tax-Ii,Pune v. Mrs. Hemlata K. Bhatiya
High Court · 2012 · Dismissed
Assessee
Jagatjit Industries Ltd v. Dy.commr.of Income Tax,Central-Vi
High Court · 2011 · Other
—
M/S Jagatjit Industries Limited Gurgaon v. Dy. Commissioner Of Income Tax
High Court · 2011 · Other
—
Ita 379/2010 v. Ita 379/2010
High Court · 2011 · Allowed
—
Ita/195/2010 Of The Commissioner Of Income Tax,Cochin v. Sri.t.j.george,Kothamangalam
High Court · 2011 · Allowed
Revenue
Appellant v. Ece Industries Limited . . .Respondent
High Court · 2010 · Other
—
Ita/640/2009 Of Commissioner Of Income Tax,Kottayam v. M/S.accelerated Freeze Drying Co.ltd
High Court · 2010 · Allowed
Revenue
Ita/1741/2009 Of B.raveendran Pillai, Sreevalsam v. The Commr. Of Incometax
High Court · 2010 · Allowed
Assessee
Commissioner Of Income Tax Delhi-Iii v. M/S. Jaipur Golden Transport Co. (Regd
High Court · 2010 · Other
—
Commissioner Of Income Taxrohtak v. M S Kaushico Machine Tools Pvt Ltd
High Court · 2010 · Allowed
Revenue
Commissioner Of Income-Tax (Central), Ludhiana v. M/S. Rita Mechanical Works, Ludhiana
High Court · 2010 · Dismissed
Assessee
The Commissioner Of Income Tax-7 v. M/S. Scindia Investment Pvt. Ltd
High Court · 2010 · Dismissed
Assessee
Wp/139/2010 Of Aventis Pharma Limited v. Assistant Commissioner Of Income Tax 8(1), Mumbai And 2 Ors
High Court · 2010 · Allowed
Assessee
The Commissioner Of Income Tax, Faridabad v. Chandni Bhuchar
High Court · 2010 · Dismissed
Assessee
Ita/759/2009 Of The Commissioner Of Income Tax,Kochi v. M/S.shakthi Metel Depot, Cloth Bazar Rd
High Court · 2010 · Allowed
Revenue
Ita/160/2009 Of The Commissioner Of Income Tax v. M/S.kumbazha Tourist Home (Disselved)
High Court · 2009 · Other
—
Commissioner Of Income Tax I, Ludhiana v. M/S Sidhartha Enterprises, Ludhiana
High Court · 2009 · Dismissed
Assessee
Ita/895/2007 Of Commissioner Of Income Tax Delhi Iv v. Eastman Industries Ltd
High Court · 2008 · Dismissed
Assessee
Itxa/461/2008 Of The Commissioner Of Income Tax Ii , Thane v. Shri. Shashi Aggarwal
High Court · 2008 · Other
—
Commissioner Of Income Tax v. Chandulal Alias Vallabhdas Damji - Opponent ====================================
High Court · 2008 · Allowed
Revenue
Taxap/291/2002 Of Elecon Engineering Co.ltd v. Asst.commissioner Of Income Tax
High Court · 2008 · Allowed
Assessee
The Commissioner Of Income Tax v. M/S. Imperial Motor Stores
High Court · 2008 · Allowed
Revenue
Sri.sajith Kumar v. This Income Tax Appeal Having Been Finally Heard
High Court · 2008 · Allowed
Assessee
Ita/108/2000 Of M/S.crescent Ice And Coldstorage,Ponnani v. The Commr. Of Income Tax
High Court · 2008 · Allowed
Assessee
Commissioner Of Income Tax, Ludhiana v. M/S. Rhodoen Silk Mills Pvt. Ltd. Ludhiana
High Court · 2008 · Dismissed
Assessee
The Commissioner Of Income-Tax, Patiala v. H.p. State Industrial Development Corporation Ltd
High Court · 2008 · Allowed
Revenue
M/S.beardsell Ltd v. The Joint Commissioner Of Income-Tax, Special Range-I
High Court · 2007 · Allowed
Assessee
Commissioner Of Income Tax Chennai v. M/S.sun T.v. Ltd
High Court · 2007 · Dismissed
Assessee
Commissioner Of Income Tax-Iii,Chennai v. M/S.sharon Vaneers P. Ltd., Chennai
High Court · 2007 · Allowed
Revenue
State Of Tamil Nadu v. M/S.coonoor Tea Estates Co.ltd., Coonoor
High Court · 2006 · Allowed
Revenue
The Commissioner Of Income Tax Chennai v. M/S. Union Co (Motors) Ltd. 118, Anna Salai Chennai 600 002
High Court · 2006 · Allowed
Revenue
Itxa/172/2004 Of The Director Of Income- Tax,(Exemption) v. Vijayalaxmi N,Mafatlal Public Charitable Tr
High Court · 2004 · Other
—
M.raghavan v. Assistant Commissioner Of Income Tax, City Circle V (1), Chennai-600 006
High Court · 2003 · Allowed
Assessee
Commissioner Of Income-Tax v. Ashoka Mills Ltd
High Court · 2000 · Other
—
Commissioner Of Income-Tax v. Windsor Foods Ltd
High Court · 1998 · Allowed
Revenue

Key issues litigated under Section 50

Section 50 case law — FAQs

What does Section 50 of the Income-tax Act deal with?
Section 50 relates to Capital Gains on Depreciable Assets. This page collects 124 judgments of the ITAT, High Courts and the Supreme Court interpreting Section 50.
How many case laws are available on Section 50?
EaseValue has indexed 124 income-tax judgments citing Section 50 — each with parties, citation, court, year, outcome and the full order text.
How can Section 50 judgments help my case?
They show how courts have decided Section 50 disputes so you can cite the right precedents in a notice reply or appeal. Our CA-led team can draft the reply or appeal (CIT(A) / ITAT) for you.

Read the bare provision: Income-tax Act 2025 → · More: all income-tax case law →

General information from public-domain judgments (via Open India Law, CC BY 4.0). Not legal advice — verify against the original order.

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