PRITHVIRAJ LEKKAD MALLIKARJUN,BENGALURU vs. INCOME TAX OFFICER, WARD - 1(2)(1), BENGALURU
In the result, the appeal by the assessee is allowed for statistical purposes
ITA 1050/BANG/2024[2020-21]Status: DisposedITAT Bangalore19 Jul 2024AY 2020-21
Bench: Shri Laxmi Prasad Sahu & Shri Prakash Chand Yadavassessment Year : 2020-21
For Appellant: Shri G.S. Prashanth, CAFor Respondent: Ms. Neera Malhotra, CIT(DR)(ITAT), Bengaluru
Section 226(3)Section 50CSection 54Section 55(2)(b)Section 55A
55A of the Act to arrive at the Fair
Market Value as on 01.04.2001 under the facts and circumstances of the case.
4. The learned authorities below ought to have 2611416
allowed the transfer expenses amounting to Rs.84,86,361/- incurred by the appellant towards sale of property under the facts and circumstances of the case.
5. a) The appellant
