DCIT CIRCLE -6(1), HYDERABAD vs. SURYADEVARA VENKATESWARA RAO, HYDERABAD

In the result appeal of the Revenue is dismissed

Bench: Shri Rama Kanta Panda & Shri K.Narasimha Chary

capital gains and the third addition is by denying the deduction claimed by the assessee under section 54GB of the Act. 3. Insofar as this appeal is concerned, the addition made in respect of cost of construction and the deduction claimed under section 54GB(1)(iii) of the Act alone are the subject matter. At the outset, it is submitted