SHRI KANAV KHANNA,,AMRITSAR. vs. THE ASSTT. COMMISSIONER OF INCOME-TAX,, AMRITSAR.
In the result, the ground no- G of appeal of the assessee is dismissed
ITA 77/ASR/2015[2010-11]Status: DisposedITAT Amritsar04 Jul 2022AY 2010-11
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
For Appellant: Sh. R. K. Magow, CAFor Respondent: Sh. Rahul Dhawan, CIT-DR
Section 10(37)Section 143(2)Section 143(3)Section 194LSection 250(6)
2. The appellant had claimed in the return exemption from tax on long-term Capital
Gain of Rs. 8,32,58,783/- in respect of the agricultural land which was compulsorily acquired by the Government and out of this sum, exemption of Rs.3,19,71,372/- has been allowed in respect of 48 Maria in Khasra No. 1444 while
