MOHAMED MUSTHAFA KUNNATH CHENGAANA,CALICUT vs. ITO,WARD 2(3), KOZHIKODE
In the result, the appeal filed by the assessee stands dismissed
ITA 671/COCH/2024[2014-15]Status: DisposedITAT Cochin14 May 2025AY 2014-15
Bench: Shri Inturi Rama Rao & Shri Sandeep Singh Karhail
For Appellant: Sri.P.Raghunathan, AdvocateFor Respondent: Smt.Leena Lal, Sr.AR
Section 143(3)Section 18Section 2(14)
House, P.O. Ramanattukara
673633
As orally agreed by the co-ventures, an agreement for the above purchase was executed 20.02.2008 between Sri Koniyan Abdurahiman, on the one part and the appellant on behalf of the Co-ventures. An amount of Rs. 83, 00,000 was paid towards the purchase consideration on various dates from 20.02.2008 to 28.02.2009. 4. Subsequently