M/S GANGA NURSING HOME,,ALLAHABAD vs. DCIT,, ALLAHABAD
In the result, appeal filed by the assessee is partly allowed for statistical purposes
ITA 186/ALLD/2013[2008-09]Status: DisposedITAT Allahabad10 Sept 2021AY 2008-09
Bench: Shri Vijay Pal Rao & Shri Ramit Kochar
For Appellant: Sh. Praveen Godbole, C.AFor Respondent: Sh. A.K. Singh, Sr. DR
Section 143Section 143(3)Section 2(14)Section 2(14)(iii)Section 50C
Section 50C was invoked by Revenue while bringing to tax capital gains on sale of agricultural land, which was not correct. It was submitted by ld. Counsel for the assessee that the Assessing
Officer brought to tax the land sold by the assessee by treating the same as urban land. Our attention was drawn by ld. Counsel for the assessee
