D.RAMGOPAL,COIMBATORE vs. DCIT, CENTRAL CIRCLE-1(1), COIMBATORE
In the result the appeal of the assessee is allowed
ITA 584/CHNY/2022[2014-15]Status: DisposedITAT Chennai23 Oct 2024AY 2014-15
Bench: Shri Aby T Varkey, Hon’Ble & Shri S. R. Raghunatha, Hon’Bleआयकरअपीलसं./Ita No.: 583 /Chny/2022 िनधा"रणवष" / Assessment Year: 2013-14 Deputy Commissioner Of Income Shri. D. Ramagopal, V. Tax, 14-A, 10Th Street, Central Circle -1, Ganapathypudur, Coimbatore. Ganapathy, Coimbatore – 641 006. [Pan: Akgpr-3621-L] (अपीलाथ"/Appellant) (""यथ"/Respondent) आयकरअपीलसं./Ita No.: 584/Chny/2022 िनधा"रणवष" / Assessment Year: 2014-15 Principal Commissioner Of Shri. D. Ramagopal, V. Income Tax, 14-A, 10Th Street, Central Circle -2, Ganapathypudur, Chennai. Ganapathy, Coimbatore – 641 006. [Pan: Akgpr-3621-L] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ"क"ओरसे/Appellant By : Shri. G.V. Jhabakh, Advocate ""यथ"क"ओरसे/Respondent By : Shri. Nilay Baran Som, Cit सुनवाई क" तारीख/Date Of Hearing : 06.08.2024 घोषणा क" तारीख/Date Of Pronouncement : 23.10.2024 आदेश /O R D E R
For Appellant: Shri. G.V. Jhabakh, AdvocateFor Respondent: Shri. Nilay Baran Som, CIT
Section 132Section 153ASection 50C
928/- by rejecting certain expenditure claimed as cost of acquisition and improvement of the capital asset and the claim of agricultural income of Rs.7,43,000/- was ignored by considering the claim as bogus.
4. The assessee had sold the property at Coonoor and offered Capital Gain at Rs.85,069/- and later claiming a loss at Rs.6,644/- by filing
