DESH MITTER GAIND,PANCHKULA vs. INCOME TAX OFFICER, WARD-1, PANCHKULA, PANCHKULA, HARYANA

Bench: This Tribunal. The Assessee Is Aggrieved By The Order Of Cit(A) Bearing No. Itba/Nfac/S/250/2023-

3,1620,730/- during the Financial Year 2010-11. This transaction attracts the provisions of section 50C (1) of the Income Tax Act', 1961 in the hands of the assessee. For the sake of clarity, to requisite of Section 50C(l) of the Act is reproduced as under:- 50C(1) Where the consideration received or accruing as a result