ALAUDDIN,AGRA vs. ITO, WARD 1(1)(1), AGRA, AGRA
In the result, the appeal is partly allowed for statistical purposes
ITA 241/AGR/2024[2015-16]Status: DisposedITAT Agra20 Jun 2025AY 2015-16
Bench: : Shri Sunil Kumar Singh & Shri Manish Agarwalassessment Year: 2015-16
Section 142(1)Section 147Section 148Section 151Section 2(14)Section 250Section 54
2 | P a g e capital gain is exigible to tax, as the appellant/assessee had purchased two
new residential house properties bearing No. 19/180 (in his name) and
19/01(jointly with his wife), situated at Tila Ajmeri Khan, Ghati Mamu
Bhanja, Agra on 04.02.2014 for Rs.8,50,000/- and Rs.28,00,000/-
respectively, hence, in terms of deduction envisaged