CARMEL EDUCATIONAL TRUST,PATHANAMTHITTA vs. DCIT,CEN- CIRCLE,, KOTTAYAM
In the result, the appeals of the assesses in ITA no
ITA 309/COCH/2019[2009-10]Status: DisposedITAT Cochin30 Sept 2019AY 2009-10
Bench: S/Shri Chandra Poojari, Am & George George K., Jm
section
I.T.A. Nos.27-35/Coch/2019,
54&55/Coch/2019,
208-213/Coch/2019,
238&239/Coch/2019,
207/Coch/2019
& 304-310/Coch/2019
55(2) of the Income Tax Act and held that the assesseedid not incur any cost to
acquire the leasehold rights and that if at all any cost had been incurred it was
incapable of being ascertained. It was therefore held that since the capital gains
