BHARATHAN ANAND,CHENNAI vs. ITO, CHENNAI
In the result, the appeal of the assessee is allowed
ITA 2630/CHNY/2016[2013-14]Status: DisposedITAT Chennai23 Dec 2016AY 2013-14
Bench: Shri N.R.S. Ganesan & Shri D.S.Sunder Singh
Section 48Section 49Section 54
house property measuring 3988 sq.ft.
at Door No.9, Plot No.52, Senthil Andavar Street, Dhanalakshmi Colony,
Vadapalani, Chennai-26, along with his brother Shri B.Kandaswamy and
his sister Smt.Veena Ramakrishnan to M/s.Sri Priya Constructions,
Chennai-93, for a consideration of Rs.2,39,28,000/- on 24.10.2012. In
this transaction, the assessee received a sum of Rs.74,76,000/- towards
his share
