K R SATYANARAYANA vs. THE COMMISSIONER OF INCOME TAX
In the result, the orders passed by the Commissioner of
ITA/192/2015HC Karnataka21 Dec 2020
Bench: ALOK ARADHE,H.T. NARENDRA PRASAD
Section 143(2)Section 154Section 260Section 260ASection 263Section 50CSection 80C
capital gains to disallow interest on loan of purchase of
property as deduction from sale consideration, to direct
the Assessing Officer to adopt guidance value of sub
registrar in respect of one property as deemed sale
value and to bring to tax the difference and to allow
deduction under Section 80C