Bench: Shri A. Mohan Alankamonyassessment Year: 2012-13 Kamlesh Ranka, Vs. Income Tax Officer, Hyderabad. Intl. Taxation-Ii, Pan: Acbpr 3953 N Hyderabad. (Appellant) (Respondent) Assessee By: Sri D. Satyanarayana Revenue By: Sri Nilanjan Dey Date Of Hearing: 22/07/2019 Date Of Pronouncement: 12/09/2019
Section 54(2) of the I.T. Act. The unutilised capital gain is not deposited in the Capital Gains Ale., before furnishing of the return of income U/s.139(1) of the I.T. Act. Therefore, the claim of the assessee U/s.54 is allowed only in respect of Rs.53,11,153/-. By taking into consideration the above facts the taxable capital gains