SMT. JAYA MOGRA,UDAIPUR vs. DCIT, CENTRAL CIRCLE-2, UDAIPUR

In the result, appeal of the assessee in ITA No

3 times of the cost, the profit is worked out as under:- Sale consideration, as per 2 sale deeds of Rs.16.10 lacs Each Rs. 32,20,000/- Estimated cost, 1/3rd (in round figures) Rs. 10.75.000/- Profit Rs. 21,45.000/- During the course of hearing of appeal the A/R of the appellant has agreed to the above. The AO is, therefore