ITO, CHENNAI vs. SHRI GANGESAN SASEENDRAN, CHENNAI

In the result, the appeal of the Revenue is dismissed

Bench: Shri N.R.S. Ganesan & Shri D.S.Sunder Singhआयकर अपील सं./Ita No.2753/Mds/2016 "नधा*रण वष* /Assessment Year: 2012-13

house property. The AO disallowed the claim made by the assessee since the assessee has entered into contract for construction agreement prior to one year before the sale of the long term capital asset. As per the details the assessee had entered in to agreement for construction on 06/07/2010 and deed of sale for undivided share of land was dated

R.UPENDRAN (HUF),CHENNAI vs. ITO, CHENNAI

In the result, the appeal of assessee is partly allowed for statistical purposes