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
x
10,40,400)] and not Rs 1,57,62,060/- assessed in the hands of Gracy Babu. The
Ld. AR submitted that while holding that Rs 10,40,470/- out of Rs.25,40,470/-
received as sale consideration of rubber estate per acre formed part of
consideration in lieu of relinquishment of trusteeship, the assessing officer
