SUNDARAKRISHNAN,CHENNAI vs. PCIT, COIMBATORE
ITA 1935/CHNY/2024[2014-15]Status: DisposedITAT Chennai11 Feb 2025AY 2014-15
Bench: Shri Manu Kumar Giri, Hon’Ble & Shri S. R. Raghunatha, Hon’Bleआयकर अपील सं./Ita No.: 1935/Chny/2024 िनधा"रण वष" / Assessment Year: 2014-15 Sundarakrishnan, Principal Commissioner Of No. 15, 5Th Main Road, V. Income Tax, Kasturba Nagar, Coimbatore -1. Adyar – 600 020. [Pan: Arbps-4782-R] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri. Y. Sridhar, Fca ""यथ" क" ओर से/Respondent By : Shri. R. Clement Ramesh Kumar, Cit सुनवाई क" तारीख/Date Of Hearing : 04.02.2025 घोषणा क" तारीख/Date Of Pronouncement : 11.02.2025 आदेश /O R D E R Per S. R. Raghunatha:
For Appellant: Shri. Y. Sridhar, FCAFor Respondent: Shri. R. Clement Ramesh Kumar, CIT
Section 143(3)Section 263Section 50CSection 54FSection 5O
capital gain reported by the assessee of Rs.1,18,110/- was not modified and after set-off of the same against LTCG, the taxable LTCG was determined at Rs.79,11,230/- vii.
During the course of the assessment proceedings, consequent to the enhancement in arriving at the LTCG, the assessee had submitted that even subsequent to the enhancement, the taxable
