SUPREME TRACTORS PRIVATE LIMITED,HARYANA BHAWAN vs. DCIT, KATNI
In the result, the appeal of the assessee is allowed for statistical purposes
ITA 51/JAB/2025[2016-17]Status: DisposedITAT Jabalpur27 Feb 2026AY 2016-17
Bench: Shri Kul Bharat & Shri, Anadee Nath Misshraassessment Year: 2016-17 Supreme Tractors Pvt Ltd V. Dcit Katni, Madhya Pradesh 483501. Katni, Madhya Pradesh- 483501. Pan:Aajcs4013M (Appellant) (Respondent) Appellant By: Shri Sahil Gupta, Advocate Respondent By: Shri N. M. Prasad, Sr. Dr-1 Date Of Hearing: 12 02 2026 Date Of Pronouncement: 27 02 2026 O R D E R
For Appellant: Shri Sahil Gupta, AdvocateFor Respondent: Shri N. M. Prasad, Sr. DR-1
Section 115JSection 234C
capital gain on the said property:
Sales Consideration: ₹80,45,000
Less:
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Indexed Cost of Acquisition in 2006-07 ₹15,85,952
Indexed Cost of Improvement in 2010-11 ₹1,43,958
Indexed Cost of Improvement in 2011-12 23,53,899
Indexed Cost of Improvement in 2015-16 23,93,967
Total long-term gain
