DCIT, CENTRAL CIRCLE-2(4), HYDERABAD, HYDERABAD vs. LAXMI GARDENS, HYDERABAD, HYDERABAD
In the result, the appeal of Revenue is dismissed
ITA 833/HYD/2017[2006-07]Status: DisposedITAT Hyderabad14 Mar 2023AY 2006-07
Bench: Shri Rama Kanta Panda & Shri Laliet Kumar
For Appellant: Sri A. SrinivasFor Respondent: Sri K.E Sunil Babu
Section 132Section 153CSection 45Section 45(4)
Sections
2(29A), (29B), 42(A) and 42(B) of Income Tax Act 1961. 8
Agarwal Industries Pvt.Ltd.
[(29A) "long-term capital asset" means a capital asset which is not a short-term capital asset ;
(29B) "long-term capital gain
