SH. CHANDRA KANT CHAHAL,DEHRADUN vs. ITO, DEHRADUN
In the result, appeal of the assessee is partly allowed as indicated above
ITA 2813/DEL/2017[2011-12]Status: DisposedITAT Dehradun22 Nov 2023AY 2011-12
Bench: Shri Challa Nagendra Prasada N D Shrim. Balaganesh
For Appellant: Shri Alok jain, Adv.; &
Section 143(3)Section 147Section 148Section 250(6)Section 50C
section 147 of the Act dated 29.12.2016 the Assessing Officer adopted the valuation report of Govt. valuer dated 16.12.2016
wherein the property was valued at Rs.3,39,57,000/- for the purpose of computing long term capital gains on sale of land. The Assessing Officer adopted 1/6th share of the assessee, namely Late
Krishan Kant Chahal and computed the long