ITO, WARD-3(2), BHUBANESWAR, BHUBANESWAR vs. GAYA SANTARA, BHUBANESWAR
In the result, appeal filed by the revenue is dismissed and the appeal
ITA 468/CTK/2014[2008-09]Status: DisposedITAT Cuttack28 Jul 2017AY 2008-09
Bench: S/Shri N.S Saini & Pavan Kumar Gadaleassessment Year :2008-09
For Appellant: Shri S.K.Agarwalla, ARFor Respondent: Shri Subhendu Dutta, DR
Section 148Section 54Section 54F
Property Act during the financial year 2007-08 relevant to assessment year
2008-09. The assessee declared full value of consideration of capital asset
ITA No. 483/CT K/ 2014
Asse ssment Year :20 08- 09
of Rs.70,89,600/- and deducted therefrom indexed cost of acquisition of
capital asset of Rs.2,73,003/-, Rs.6,78,571/- towards indexed cost