MR.RAHIL MAHESH KUMAR NIZAMUDDIN ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX (INTERNATIONAL TAXATION) CIRCLE-1(2), BANGALORE
In the result, the appeal of the assessee is partly allowed
ITA 892/BANG/2019[2014-15]Status: DisposedITAT Bangalore18 Jul 2022AY 2014-15
Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year: 2014-15
For Appellant: Shri K.Y. Ningoji Rao, A.RFor Respondent: Shri V.S. Chakrapani, D.R
Section 48Section 54FSection 55A
TDS made by OMR Investments to be the sale consideration at Rs.1,61,92,000/- paid to assessee for another business of land agreed to sold under agreement to sell dated
2.4.2014. Thus, he submitted that the AO has considered the land transferred in the assessment year 2014-15 at Rs.18,54,25,000/- as per amount reflected in form
