ACIT CC 2(3) AHMEDABAD, AHMEDABAD vs. AISHA DHIRAJ GOGIA, AHMEDABAD

In the result: 50. To summarize the final outcome:

Bench: Shri Sanjay Garg & Shri Narendra Prasad Sinha["ी संजय गग", "ाियक सद" एवं "ी नरे" साद िस!ा, लेखा सद" के सम#।]

Capital Gain under section 45 of the Act being sale consideration and hence provisions of section 69A rws 115BBE of the Act cannot be invoked. “ 43. Factual Matrix and Lower Authorities' Findings: 43.1. The brief facts of the case are that during the course of search action, an Agreement to Sell for a bungalow in the "Earth Erita" project

THE ITO, WARD-4(2)(4), AHMEDABAD vs. SHRI PALAK CHINUBHAI PATEL , AHMEDABAD

Bench: Itat Vide Cbdt Circular No. 17 Of 2019 Dated 8Th August, 2019. The Ld. Counsel For The Assessee Pointed Out That The Limit Prescribed Vide Aforesaid Circular Is Less Than Rs. 50 Lakhs While The Tax Effect Involved In The Present Appeal Was Only Rs. 3,51,871/-.