PR COMMISSIONER OF INCOME TAX vs. KESHAV DUTT SHREEDHAR
ITA/11/2020HC Himachal Pradesh27 Dec 2021
Bench: Hon’Ble Ms. Justice Sabina & Hon’Ble Mr. Justice Satyen Vaidya Income Tax Appeal No. 11 Of 2020 Between:- Pr. Commissioner Of Income Tax, Shimla. ….Appellant (By Sh. Vinay Kuthiala, Senior Advocate With Ms. Vandana Kuthiala, Advocate)
Section 143(3)Section 260Section 54
reopened and
assessment under Section 143(3)/147 of the Act was completed on
26.11.2014. The exemption claimed by the respondent was
disallowed and total income was assessed at Rs.2,05,36,949/-. The
Assessing Officer held that the assessee had neither invested sale
proceeds of the asset in new residential house nor he had deposited
the capital gains
