THE ACIT, TRICHUR vs. SRI.ARUN MAJEED, THRISSUR

In the result, the appeals of the Revenue are dismissed

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

120/- Rs.94,70,000/- Less purchase cost Rs.1,61,44,789/- Rs.17,19,750/- Profit Rs.3,11,14,331/- Rs.77,50,250/- Addition : Rs.3,88,64,581/- Assessment Year : 2013-14 Profit from land sale at Ayyanthole, Nadathara & Mulankunathukavu Sale Purchase Incidental charges Profit consideration value to property purchase AYYANTHOLE-1 77711960 262551312 51160648 AYYANTHOLE-2 2996240 1089928 1906312 I.T.A

THE ACIT, TRICHUR vs. SRI.ARUN MAJEED, THRISSUR

In the result, the appeals of the Revenue are dismissed