A.T.SHERIFF vs. COMMISSIONER OF INCOME TAX
The appeal is allowed
ITA/66/2017HC Kerala29 Mar 2021
Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS
For Respondent: COMMISSIONER OF INCOME TAX
Section 148Section 2(47)Section 2(47)(v)Section 260ASection 45Section 53A
148 of
the Act, alleging income escaped assessment, the assessing officer
held, that, an unregistered joint development agreement entered into
between the assessee and another entity for development of a
property belonging to the assessee, as a transfer of a capital asset
I.T.Appeal No.66/17
-:3:-
as defined in section 2(47)(v) of the Act and exigible to capital gains
