JAI PRAKASH NARAYAN SHARMA,INDORE vs. ASSISTANT COMMISSIONER OF INCOME TAX-2(1), INDORE
Appeal is allowed for statistical purpose
ITA 807/IND/2024[2016-17]Status: DisposedITAT Indore15 Jul 2025AY 2016-17
Section 143(3)Section 50CSection 54
property\nSale consideration\n202,00,000\n1,37,00,000\nLess:\nIndex Cost of Land Transferred\n11,74,905\nCapital Gain\n1,90,25,095\nCost of new house purchased\n1,26,02,377\nCapital gain exempt as per section 54F\n1,75,00,834\n(19025095*12602377/13700000)\nTaxable gain\n15,24,261\nIn support of our claim, we wish
