DCIT, CENTRAL CIRCLE 1(1), CHENNAI vs. VELLORE INSTITUTE OF TECHNOLOGY, VELLORE

Appeals of the Revenue are dismissed whereas that of assessee are partly allowed

Bench: Shri Abraham P. George & Shri Duvvuru Rl Reddy]

property at 56 & 56A. Thirumalai Pillai Road, Chennai, which was later returned by Shri. Sampath when the ITA Nos2125 to 2128 :- 44 -: & 2219 to 2222 /2017 acquisition did not go through, result in a benefit to Shri. Sampath coming within the purview of Section 13(1) ( c) of the Act. 40. As mentioned above, the first question to be answered