SHAILESH NATVARLAL PATEL,AHMEDABAD vs. THE ITO, WARD-4(2)(3), AHMEDABAD
In the result, the appeal of the assessee is allowed
ITA 371/AHD/2025[2018-19]Status: HeardITAT Ahmedabad06 May 2025AY 2018-19
Bench: Shri Siddhartha Nautiyal & Shri Makarand V.Mahadeokarasstt.Year : 2018-19
For Appellant: Shri Ravindra, Sr.DR
Section 142(1)Section 143(2)Section 143(3)Section 250Section 270ASection 54
house property at Flat No. 702, Shree Homes, Gota, Ahmedabad, by making payment on 18.06.2018, and claimed exemption under section 54 of the Act to that extent.
3. The Assessing Officer, however, accepted the indexed cost of acquisition based only on the value stated in the sale deed, i.e.
Rs.4,79,325/-, and disallowed the claim of stamp duty