SANJEEV KUMAR KATHURIA,YAMUNA NAGAR vs. INCOME TAX OFFICER WARD 1 , YAMUNANAGAR
In the result, the appeal of the assessee is allowed
ITA 329/CHANDI/2024[2018-19]Status: DisposedITAT Chandigarh27 Feb 2025AY 2018-19
Bench: SHRI. VIKRAM SINGH YADAV (Accountant Member), SHRI. PARESH M. JOSHI (Judicial Member)
For Appellant: Shri Ajay Jain, C.AFor Respondent: Smt. Kusum Bansal, CIT, DR
Section 143(2)Section 143(3)Section 263Section 40A(3)
1,57,08,816/-
Long Term Capital Gains
3,43,91,184/-
Hence, Long Term Capital Gain was under assessed by Rs.2,94,71,744/-on the basis of material on record.
Therefore, the assessment order for AY 2018-19 passed on 08.04.2021 in your case u/s 143(3) of the Income Tax Act, 1961, is proposed to be held
