LOKESH TALANKI ,BANGALORE vs. THE ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-2(3)(1), BANGALORE
In the result, appeals of the assessee are allowed
ITA 261/BANG/2019[2013-14]Status: DisposedITAT Bangalore13 Apr 2022AY 2013-14
Bench: Shri Beena Pillai & Ms. Padmavathy Sassessment Year : 2013-14
For Appellant: Shri Deepesh Waghale CAFor Respondent: Shri Shehnawaz Ul Rahaman Addln CIT
Section 142(1)Section 143(2)Section 143(3)Section 148Section 234BSection 54F
house during the assessment year 2013-14 and hence not entitled for claim u/s. 54F. The AO passed an assessment order u/s.
143(3) r.w.s. 147 on 21.03.2018 disallowing the claim u/s. 54F and recomputed the income of the assessee at Rs. 2,50,88,284. Aggrieved
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the assessee filed an appeal before