SHRI RANJEET SINGH,BATHINDA vs. INCOME TAX OFFICER WARD-1 (1), BATHINDA
In the result, both the appeals of the assessee are allowed
ITA 91/ASR/2023[2016-17]Status: DisposedITAT Amritsar30 Aug 2023AY 2016-17
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
For Appellant: Sh. Sudhir Sehgal Adv. &For Respondent: Sh. Digvijai Chaudhary, Sr. DR
Section 96
section
96 of RFCTLARR Act, 2013 cannot be given to the appellant from Long
Term Capital Gains, arising from Compulsory Acquisition of Land under
National Highway Act, 1956, while ignoring the contention of the assessee
that the CIT(A) NFAC has allowed the exemption, on identical facts, in the
case of Jaswinder Kaur Sahni, Bathinda; that ignored the contention
