SHRI. JAVEED AHMAD LONE ,ANANTNAGH vs. INCOME TAX OFFICER WARD-3(1), SRINAGAR
In the result, the appeal filed by the assessee is allowed for statistical purposes
ITA 259/ASR/2024[2018-19]Status: DisposedITAT Amritsar17 Jan 2025AY 2018-19
Bench: Sh. Udayan Dasgupta & Sh. Krinwant Sahay
For Appellant: Sh. Upender Bhat, C.A
Section 133HSection 147Section 148Section 249(4)Section 249(4)(b)Section 250
capital gains has been determined, is actually agricultural
land and no taxable income arises on the sale of such land. However, the ld. CIT(A)
did not consider the explanation to be satisfactory and as such refused to admit the
appeal for non-payment of advance tax and dismissed the appeal for non compliance
of provisions of section 249(4
