DCIT, New Delhi vs. M/S. Kushal Infraproject Industries India Ltd., New Delhi
ITA 5460/DEL/2015[2011-12]Status: DisposedITAT Delhi30 Dec 2019AY 2011-12
Bench: : Shri Bhavnesh Saini & Dr. B.R.R. Kumar
For Appellant: Shri Ajay Wadhwa, AdvFor Respondent: Shri J.K. Mishra, CIT DR
Section 40A(2)
…yderabad – Trib.) V. Exemption u/s 2(14) is available even when sale of the agricultural land takes place on agreement to sell 15. CIT, Meerut Vs. Smt. Sanjeeda Begum [2006] 154 TAXMAN 346 (ALL.) 16. Mangal Singh (HUF) Vs. ACIT, Gurgaon Circle, Gurgaon [2010] 36 SOT 394 (Delhi) 17. ITO, Ward 7(2), Jaipur Vs. Megh Chand Meena, HUF [2016] 159 ITD 457 (Jaipur – Trib.) 18. ITO, Business Ward IV(3), Chennai Vs. P. Prakasam [2014] 62 SOT 127 (Chennai – Trib.) (URO) 19. N. Jayamurgan Vs. DCIT, Central Circle 2(1), Chennai [2016] 70 taxmann.com 24 (Chennai – Trib.) 18. Learned Counsel for the Assessee submitted that the…