ROYAL ENGINEERING,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3(4), HYDERABAD
In the result, appeal of Revenue in ITA No
ITA 16/HYD/2021[2012-13]Status: DisposedITAT Hyderabad18 Oct 2023AY 2012-13
Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्यर्थी / No.
For Appellant: Shri P. Murali Mohan Rao, CAFor Respondent: Shri K. Madhusudhan, CIT-DR
Section 143(3)Section 153CSection 68
Capital Gain Tax) of Rs.
93,69,810/-
Tax on normal rate on income
Total Tax there on =
93,69,810/-
Less : Rebate on Agri. Income
=
0
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Add surcharge @ 0%
0
Total Tax (Tax+Surcharge)
93,69,810/-
Add: Education cess @ 3%
=
2,81,094/-
96,50,904/-
Tax on total Income
=
Add: Interest u/s 234A