THE ITO,, COCHIN vs. LATE SRI.K.SASIDHARAN REP BY SMT. K.P.SAILAJA, COCHIN
In the result, the appeal filed by the Revenue is partly allowed for
ITA 56/COCH/2017[2006-07]Status: DisposedITAT Cochin10 Jul 2018AY 2006-07
Bench: S/Shri Chandra Poojari , Am & George George K., Jm
Section 10(37)Section 139(1)Section 143(3)Section 263Section 54Section 54FSection 54F(4)
house within three years from the date of
transfer (i.e. 01/04/2005) or purchased before one year of transfer or two years
after the date of transfer. The CIT(A) observed that the Assessing Officer’s
conclusion that the assessee acquired new residential property only on
22/01/2007, i.e., after two years from the date of transfer is factually incorrect.
According
