AJAY KUMAR GUPTA,FATEHPUR vs. CIT(A), NFAC, DELHI (AO:ITO-2(4),FATEHPUR, FATEHPUR
In the result, appeal filed by assessee in ITA No
ITA 19/ALLD/2023[2017-18]Status: DisposedITAT Allahabad20 Mar 2023AY 2017-18
Bench: Shri Vijay Pal Rao & Shri Ramit Kochar
For Appellant: Shri Rajeev Kumar Agrawal, AdvocateFor Respondent: Shri A.K. Singh ,Sr. D.R
Section 142(1)Section 143(2)Section 143(3)Section 50C
CAPITAL GAINS-
(i) Sales Consideration - Rs. 5,00,000.00
(ii) Stamp Duty Valuation - Rs. 15,78,000.00
(iii) Cost of Acquisition- .5260x2,80,000/1.3350-Rs.1,10,332.00
(iv) Indexed Cost of Acquisition( 2001-02) =1,10332x426/389- Rs.1,20,815.00
(v) As per New calculation of Indexed Cost- 1,20.815x264/100= Rs. 3,18,953.00
(vi) LONG TERM CAPITALGAINS
