DAULAL KOTHARI,KOLKATA vs. DCIT, CIR-44, KOLKATA, KOLKATA
In the result, the appeal of the assessee is allowed
ITA 1065/KOL/2016[2010-2011]Status: DisposedITAT Kolkata07 Mar 2018AY 2010-2011
Bench: Hon’Ble Shri Aby. T. Varkey, Jm & Shri M.Balaganesh, Am ] I.T.A No. 1065/Kol/2016 Assessment Year : 2010-11 Daulal Kothari -Vs- Dcit, Circle-44, Kolkata [Pan: Aiypk 2894 C] (Appellant) (Respondent)
For Appellant: Shri Anil Kochar, AdvocateFor Respondent: Shri Sallong Yaden, Addl. CIT
Section 143(3)Section 147Section 154Section 50C
147 of the Act and the reassessment was completed u/s 147/143(3) of the Act on 04.03.2015 determining the total income at Rs. 74,29,230/- . In the re assessment, a sum of Rs. 9,94,152/- was added by the ld. AO towards long term capital gain. Brief facts of this addition is that the assessee sold two properties
