SRI MOHAN PURI ,BANGALORE vs. INCOME TAX OFFICER WARD-7(2)(2), BANGALORE

In the result, the appeal filed by the assessee is partly allowed for statistical purposes

Bench: Shri George George K, Jm & Shri B.R.Baskaran, Am

section 54 in respect of essential modifications made to the new asset purchased without appreciating the fact that the appellant had furnished full details of the expenditure incurred in respect of the same. The appellant prays for leave to add, delete, modify and / or adduce additional ground at any time before the appeal is disposed off. 3 Late Mohan Puri