SUMITRA BAI GUNDAVARAPU,HYDERABAD vs. INCOME TAX OFFICER, WARD-9(2), HYDERABAD
In the result, appeal filed by the assessee is dismissed
ITA 538/HYD/2018[2009-10]Status: DisposedITAT Hyderabad28 Jul 2023AY 2009-10
Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumars.No Appeal In Ita Assessee Revenue A.Y No 1 538/Hyd/2018 Smt. Cheruvu Madhavi, Income Tax 2009-10 L/R Of Smt.Sumitrabai Officer Gundavarapu, Ward 9(2) Hyderabad Hyderabad Pan:Athpg1018L 2 8/Hyd/2021 Smt, Yashoda Income Tax 2009-10 Gundavarapu, Officer Ward-1 R.R Distt Vikarabad Pan:Apkpg0183M 3 14/Hyd/2019 Shri M Hanmanth Acit, Circle 2009-10 Reddy, Hyderabad 4(1) Pan:Achph0874L Hyderabad
For Appellant: Shri K.A. Sai Prasad, CA (S.No.1 & 2)For Respondent: Shri Kumar Aditya, DR
section 2(47) has taken place on 4.2.2008 and hence, the capital gain, if any, would be arise on the date of the execution of the said agreement and not at the time of sale of agreement dated 11.12.2008. He also relied on the decision of the Tribunal in the case of Dy.CIT vs.
Shri Nimish Kalyanbhai Vasa
