GOBINDRAM CHANDRAMANI VIVEK,BANGALORE vs. INCOME TAX OFFICER - WARD 1(1), BANGALORE, BANGALORE
In the result, the appeal of the assessee is allowed for statistical purposes, in the manner indicated in this order
ITA 656/BANG/2023[2011-12]Status: DisposedITAT Bangalore13 Sept 2024AY 2011-12
Bench: Mrs. Beena Pillai & Shri Ramit Kochar
For Appellant: Sh. Ashok A Kulkarni, AdvocateFor Respondent: Ms. Neha Sahay, JCIT
Section 139Section 139(1)Section 139(4)Section 143(2)Section 143(3)Section 24Section 54Section 54(2)Section 54F
139(1), as is stipulated u/s 54(2). The assessee purchased residential house for a total consideration of Rs. 1,64,74,870/- on 28.02.2013(date of transfer of original asset being on 03.03.2011) i.e. within two years allowed for seeking exemption of long term capital gains earned on transfer of original asset vide Section
