ADINATH LEASING AND FINANCE P LTD.,,AHMEDABAD vs. THE INCOME TAX OFFICER, WARD-1(1)(1),, AHMEDABAD
In the result, the appeal filed by the Assessee is partly allowed
ITA 1065/AHD/2017[2010-11]Status: DisposedITAT Ahmedabad23 Aug 2022AY 2010-11
Bench: Smt. Annapurna Gupta, Accountant Memebr & Shri Mahavir Prasad, Judicial Memebr
For Appellant: Shri Sakar Sharma, A.RFor Respondent: 08/07/2022
Section 143(3)Section 147Section 148Section 148(2)Section 14ASection 2(47)Section 53A
53A of the Transfer of Property Act. Such conclusion was derived on the ground that banakhat dated 16.03.2009 entered by assessee to
ITA No. 1065/Ahd/2017 [Adinath Leasing
And Finance P. Ltd. Vs. ITO] A.Y. 2010-11 - 3 - acquire the property as well as possession agreement were simply on stamp paper of Rs. 100/- and were not registered. Therefore, loss
