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1 result for “capital gains”+ Section 132B(1)(i)clear

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Section 404Section 40A(3)2

DEMI REALTORS,HYDERABAD vs. DCIT, CIRCLE-6(1), HYDERABAD

In the result, the appeal of the assessee is partly allowed for statistical purposes on the above terms

ITA 156/HYD/2023[2008-09]Status: DisposedITAT Hyderabad05 Feb 2024AY 2008-09

Bench: Shri R.K. Panda & Shri Laliet Kumar

For Respondent: Ms. T. Vijaya Lakhsmi, CIT-DR
Section 143(3)Section 37(1)Section 40Section 40A(3)Section 40a

132B shall have a prospective application. A copy of the same is attached herewith for reference. The record in 2 Vols. Is forwarded herewith. Yours faithfully, End: as above (T.MURALIDHAR) Asst. Commissioner of Income Tax, Circle-6(1), Hyderabad. Copy submitted to the Addl. CIT, Range-6, Hyd. for information.” 6.6. The Revenue in their written submissions has mentioned that