SMT. INDERMEET BAINS W/O SH. D.S. BAINS,BATHINDA vs. PR. COMMISSIONER OF INCOME TAX , BATHINDA
The appeal of the assessee is disposed of in the term indicated as above
ITA 250/ASR/2019[2011-12]Status: DisposedITAT Amritsar19 Oct 2022AY 2011-12
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
For Appellant: Sh. Sudhir Sehgal & Sh. P.N. Arora, AdvFor Respondent: Sh. Amlendu Nath Misra, CIT DR
Section 143(3)Section 263
1 kilometer on either side of Mohali Kakar upto distance of 6 kilometers from Municipal limit on that road falls within the definition of capital asset.
(iii)
The land in question is located near Chandigarh Airport. In the assessment order passed in compliance of order u/s 263 on 30.12.2016, these issues do not seem to have examined as to whether