NEERU ARORA,CHANDIGARH vs. CIRCLE-1, INTERNATIONAL TAXATION, CHANDIGARH
In the result, the appeal of the assessee is partly allowed in terms indicated above
ITA 60/CHANDI/2024[2013-14]Status: DisposedITAT Chandigarh25 Jun 2025AY 2013-14
Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. MANOJ KUMAR AGGARWAL (Accountant Member)
For Appellant: Shri Parikshit Aggarwal, C.AFor Respondent: Smt. Tarundeep Kaur, CIT, DR
Section 142(1)Section 144C(2)Section 147Section 148Section 2(47)(v)Section 48Section 50CSection 50C(1)Section 50C(2)Section 53A
capital gain invoking the provisions of section 50C.
5. The assessee filed replies dated 10.02.2023 and 24.02.2023, inter alia, submitting that the property had been sold pursuant to an agreement to sell dated
20.02.2010 and that possession was handed over and the entire sale consideration of Rs.88,00,000/- was received through banking channels during A.Y. 2010-11. The assessee
