ACIT, CENTRAL CIRCLE-2(3), HYDERABAD vs. KAVYA BOPPANA, HYDERABAD
In the result, the appeal filed by the Revenue is dismissed
ITA 696/HYD/2022[2019-20]Status: DisposedITAT Hyderabad27 Jun 2024AY 2019-20
Bench: Shri Laliet Kumar, Hon’Ble & Shri Manjunatha G, Hon’Ble
For Appellant: Shri P. Murali MohanFor Respondent: Ms. TH Vijaya Lakshmi
Section 132(4)Section 153ASection 50C
sale consideration of Rs.5,45,02,449/- in the F.Y. 2017-18 relevant to A.Y. 2018-19 only.
Therefore, transfer as defined under section 24(7) of the Act is completed in the F.Y. 2017-18 relevant to A.Y. 2018-19 and the assessee needs to offer capital gain