KESHAV KANUNGO,BHOPAL vs. ACIT2(1) BHOPAL, BHOPAL
Appeal is allowed in terms mentioned above
ITA 263/IND/2023[AY 2015-16]Status: DisposedITAT Indore26 Feb 2024
Bench: Shri Vijay Pal Rao & Shri B.M. Biyaniassessment Year: 2015-16 Keshav Kanungo, Acit, Flat No. A-603, Circle-2(1), Virasha Heights, Bhopal बनाम/ Near Danish Bridge, Vs. Bhopal (Appellant/Assessee) (Respondent/Revenue) Pan: Abvpk 2942 F Assessee By Ms. Nisha Lahoti, Ar Revenue By Shri Ashish Porwal, Sr Dr Date Of Hearing 12.02.2024 Date Of Pronouncement 26.02.2024
Section 143(2)Section 143(3)Section 234ASection 4Section 54Section 54BSection 54ESection 54F
same is allowed as per the law assuming the investment in new asset was made within the prescribed time limit. The provisions of section 54(1)(proviso) comes in picture only when the investment in new asset is not made within the prescribed time limit. The facts of the case
