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Section 143(1)8 Section 1473 Section 143(1)(a)2 Section 50C2 Addition to Income2

DEVENDER KUMAR PRASHAR,DELHI vs. ASST. DIRECTOR OF INCOME TAX, CPC, BANGALURU

In the result, the appeal of the assessee is allowed

ITA 176/GTY/2024[2019-20]Status: DisposedITAT Guwahati25 Feb 2025AY 2019-20

Bench: The Ld. Cit(A) Also, The Assessee Could Not Succeed On The Basis Of The Following Findings:

Section 143(1)Section 143(1)(a)Section 250

capital gains at a lesser quantum than the prevailing stamp duty valuation. The Ld. AR relied on the provisions contained in section 50C of the Act to state that the same could not be used to enhance income under Section 143(1) of the Act. 2.2 The Ld. DR relied on the orders of authorities below. 3

SHREE PRAKSH SINGH,GURGAON vs. INCOME TAX OFFICER, WARD-1, DIGBOI

In the result, the appeal of the assessee is allowed