ACIT, CIRCLE-2(1)(1), AGRA vs. ASHOK KUMAR AGARWAL, AGRA
In the result, appeal of the Revenue is partly allowed
ITA 52/AGR/2025[2015-16]Status: HeardITAT Agra24 Jun 2025AY 2015-16
Bench: Shri Sunil Kumar Singh & Shri Manish Agarwalita No.52/Agr/2025 (Assessment Year: 2015-16) Ashok Kumar Agarwal Acit, 6/26, Barah Bhai Ki Circle 2(1)(1), Vs. Gali, Belanganj, Agra-282002 Uttar Pradesh. Pan-Abipa7741F (Appellant) (Respondent)
Section 142ASection 250
long term capital gain was computed at Rs.26,47,47,255/- as against
19,01,49,859/- declared by the assessee. The AO also disallowed the claim of expenditure of Rs.34,65,000/- made by the assessee for removal of encumbrance over the land by illegal occupants. The Ld.
ACIT vs. Ashok Kumar Agarwal
CIT(A) in first appeal