AMAR SINGH CHAUDHARY,JABALPUR vs. PRINCIPLE COMMISSIONER OF INCOME TAX -1, JABALPUR
In the result, the assessee’s appeal is dismissed
ITA 28/JAB/2017[2009-10]Status: DisposedITAT Jabalpur27 Oct 2020AY 2009-10
Bench: Shri Nrs Ganesan&Shri Sanjay Aroraassessment Year: 2009-10
Section 132(1)Section 142(1)Section 153A(1)Section 153CSection 263Section 48
capital gain arising to him. The Builder’s reply (dated 23.12.2013), as furnished in its assessment proceedings, is extracted in the relevant part in the ON. The same, also read out during hearing, reads as under:
‘14) Reply to query No. 66
The assessee firm entered into an agreement for development of property and sale thereof with Amar Singh Choudhary