SHRI RAJENDRA AGRAWAL,JAIPUR vs. INCOME TAX OFFICER, JAIPUR
In the result, the appeal of the assessee is allowed
ITA 1052/JPR/2017[2011-12]Status: DisposedITAT Jaipur02 Mar 2020AY 2011-12
Bench: : Shri Vijay Pal Rao, Jm & Shri Vikram Singh Yadav, Am Vk;Dj Vihy La-@Ita No. 1052/Jp/2017 Fu/Kzkj.K O"Kz@Assessment Year : 2011-12 Cuke Shri Rajendra Agarwal The Ito Vs. 8/138, Vidhyadhar Nagar Ward- 7(1) Jaipur 302 039 Jaipur Lfkk;H Ys[Kk La-@Thvkbzvkj La-@ Pan/Gir No.: Aatpa 7184 Q Vihykfkhz@Appellant Izr;Fkhz@Respondent Fu/Kzkfjrh Dh Vksj Ls@ Assessee By : Shri Mahendra Gargieya, Advocate Jktlo Dh Vksj Ls@ Revenue By : Smt. Runi Paul, Jcit-Dr Lquokbz Dh Rkjh[K@ Date Of Hearing : 10/01/2020 ?Kks"K.Kk Dh Rkjh[K@ Date Of Pronouncement : 03 /03/2020 Vkns'K@ Order
For Appellant: Shri Mahendra Gargieya, AdvocateFor Respondent: Smt. Runi Paul, JCIT-DR
Section 143(3)Section 154Section 234BSection 54Section 54F
property sold by the assessee
bearing No. B-277, Vigyan Nagar, Jaipur is only a plot of land and not
residential house, however, in such a situation, the deduction u/s 54F of
the Act would be allowable and quantum of deduction may be less than
the deduction claimed u/s 54 of the Act. Even if it is presumed that
