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1 result for “capital gains”+ Section 546clear

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Section 54F2

IBRAHIM VELLACHALIL,KOZHIKODE vs. ITO, WARD-2(3), KOZHIKODE

Appeal is dismissed

ITA 851/COCH/2023[2012-13]Status: DisposedITAT Cochin25 Sept 2024AY 2012-13

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singhibrahim Vellachalil The Income Tax Officer- 2(3) Vellachall House Aayakar Bhavan P.O. Paranuur, Narikkuni Vs. Mananchira Kozhikode 673585 Kozhikode 673001 [Pan: Aclpi2507B] (Appellant) (Respondent)

For Appellant: ------ None ------For Respondent: Smt. V. Swarnalatha, Sr. D.R
Section 250Section 54F

546/- but Rs.2,02,55,545/- and on questioning of the correctness of the exemption u/s 54F claimed by the appellant by the AO, the appellant raised a new claim that the said land is an agricultural land. 5.9 I have perused the certificates filed by the appellant from the Village Officer Narikuni Village, the President Narikuni Grama Panchayat