SMT MUNILAKSHAMAMMA ,BANGALORE vs. COMMISSIONER OF INCOME TAX (A)-7, BANGALORE
In the result, the appeal filed by the assessee is partly allowed
ITA 880/BANG/2017[2012-13]Status: DisposedITAT Bangalore05 Jul 2022AY 2012-13
Bench: Shri George George K, Jm & Ms.Padmavathy S, Am
For Appellant: Sri.T.Srinivas Rao, CAFor Respondent: Sri.Sankar Ganesh K, JCIT-DR
Section 132Section 2(14)Section 2(47)(v)Section 45Section 53A
section 53A of the Transfer of Property
Act are not applicable to the impugned JDA. In view of the matter, the provision of section 2(47)(vii) of the I.T.Act are also not applicable during the relevant financial year.
12. The judgment of the Hon’ble Karnataka High Court
