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
10,000/- in the financial year 2008-09 (On 17.03.2008 and 13.04.2008) and out of which land measuring 29 Kanal 6
Marlas was sold for Rs.5,12,75,000/- on 07.07.2010 to Shri Kewal Singh,
Ranjeet Singh and Ranbir Singh, Jalalabad. The assessee has claimed exemption of Rs.5,12,75,000/- as non-taxable capital gains. The Pr.CIT,
Bathinda
