JAWAHAR LAL AGARWAL,AGRA vs. I.T.O., WARD-4(2), AGRA
In the result, the appeal is allowed
ITA 336/AGR/2014[2005-06]Status: DisposedITAT Agra24 Nov 2017AY 2005-06
Bench: Shri A. D. Jain
Section 129Section 143Section 147Section 148Section 234ASection 50CSection 54BSection 54F
1. Because in any view, the ld. CIT(A) has erred in disallowing deduction u/s 54B of the I.T. Act for making investment of Amount of Rs. 14,09,670/- in purchase of agriculture land being in the name of minor Daughter, which is grossly, arbitrarily, perverse, wrong & illegal in the Peculiar facts and circumstances of the case.
I.T.A