In the result, the appeal filed by the assessee in ITA No
Bench: Shri T.R. Senthil Kumar, Judicial Member And\nShri Makarand Vasant Mahadeokar, Accountant Member\nITA Nos 43 & 44/Ahd/2025\nAssessment Years: 2017-18 & 2018-19\nHiral Tapankumar\nChudgar\n201/A, Premdarshan,\nBehind Jay Ambe School,\nSamasavli Raod, Vemali,\nVadodara-390008,\nGujarat\nPAN: ANCPC4000H\n(Appellant)\nIncome Tax Officer\nWard-1(3)(1),\nVs Vadodara\n(Respondent)\nAssessee Represented:\nShri Deepak Shah, A.R.\nRevenue Represented:\nShri Abhijit, Sr.D.R.\nDate of hearing\n: 18-06-
Capital Gain of Rs.\n29,55,558/- and claimed exemption u/s 10(38) of the Act. Thus the\nincome chargeable to tax of Rs.29,55,558/- for the Asst. Year 2017-\n18 has escaped assessment within the meaning of Section 147 of\nthe Act and show cause notice u/s 148A(b) of the Act was issued