SMT. ZEENAB,SRINAGAR vs. INCOME TAX OFFICER, WARD 3(3),, SRINAGAR
In the result, the appeal filed by the Revenue Department stands dismissed, whereas the appeal of the assessee is partly allowed for statistical purposes on the aforesaid reasons stated above
ITA 433/ASR/2017[2008-09]Status: DisposedITAT Amritsar04 Jul 2019AY 2008-09
Bench: Sh. Sanjay Arora & Sh. N.K.Choudhry
For Appellant: Sh. Bashir Ahmed Lone (Ld. CA)For Respondent: Sh. Charan Dass (Ld. DR)
Section 143(3)Section 143(6)Section 147Section 50C
Capital gain at Rs.60,90,052/- and taxed the same accordingly by taking full value of the consideration in terms of section 50C of the Income Tax Act at Rs.1,11,00,000/- for the sale/transfer of 1 kanal and 17 marlas of land. Against the said addition the assessee preferred the first appeal before
