AKRAM,ROORKEE vs. DCIT, CIRCLE, HARIDWAR
Appeal is partly allowed for statistical purposes in above terms
ITA 6373/DEL/2017[2009-10]Status: DisposedITAT Dehradun07 Jan 2025AY 2009-10
Bench: Sh. Satbeer Singh Godara & Sh. Naveen Chandra
For Appellant: NoneFor Respondent: Sh. Mayank Kumar, Addl. CIT DR
Section 142(1)Section 144Section 148
transferred could not be considered a capital asset under the provision of section 2(14)(iii) of the I.T. Act.
From the ratio of these judgments. It is quite clear that mere notification of the area In which the assessee’s land was situated as an industrial zone would not alter the character of the land and render into
