SH. AMAR SINGH,JAGADHARI vs. ITO, YAMUNANAGAR

In the result, both the appeal of different assessees are allowed

Bench: Shri Sanjay Garg & Dr. B.R.R. Kumar

54B of the Act. During the course of assessment proceedings, the Assessing Officer noted that assessee had sold land for consideration of Rs. 1,92,01,875/- through Registered Sale Deed dated 20.03.2007. The sale consideration comprised of Rs. 68,000/- in cash, Rs. 16,77,625/- by cheque dated 15.03.2007 and Rs. 1,74,55,250/- by cheque from

SH. JAI RAM,JAGADHARI vs. ITO, YAMUNANAGAR

In the result, both the appeal of different assessees are allowed

Shri Sanjay Garg & Dr. B.R.R. Kumar