In the result, the appeal filed by the assessee is allowed for statistical purposes
Bench: Shri Siddhartha Nautiyal & Shri Makarand V.Mahadeokarasstt.Year : 2016-17 Mohan Ramchandani Acit-Intl Tax-2 Flat-11001 Boddaballapur Road Vs. Ahmedabad. Presting Monte Carlo Yelahanka Satelite Town So Bangalore North. Pan : Adgpr 0211 D (Applicant) (Responent) : Shri Saurabh Gupta, Ar Assessee By : Shri Saresh Kartik Laxmanbhai, Sr.Dr Revenue By सुनवाई क" तारीख/Date Of Hearing : 16/07/2025 घोषणा क" तारीख /Date Of Pronouncement: 17/07/2025 आदेश आदेश/O R D E R आदेश आदेश
920/-. The case was selected for limited scrutiny under CASS for verification of deduction/exemption from capital gains and investment in immovable property. During the year under consideration, the assessee had sold an immovable property being agricultural land located in Gram Micholi, Tehsil Hapsi, Indore, for a total consideration of Rs.3,15,00,000/- on 29.04.2015. The land was stated