KASHMIRI LAL,KANPUR vs. ITO WARD-2(2), KANPUR
In the result, the appeal of the assessee stands allowed for statistical purposes
ITA 293/LKW/2024[2013-14]Status: DisposedITAT Lucknow30 Aug 2024AY 2013-14
Bench: Shri. Sudhanshu Srivastavaassessment Year: 2013-14 Kashmiri Lal V. The Ito 126/33, Block Q Ward 2(2) Govind Nagar Kanpur Kanpur Tan/Pan:Asarpl8577C (Appellant) (Respondent) Appellant By: None (Adjournment Application) Respondent By: Shri Sanjeev Krishna Sharma, D.R. Date Of Hearing: 23 07 2024 Date Of Pronouncement: 30 08 2024 O R D E R
For Appellant: None (Adjournment Application)For Respondent: Shri Sanjeev Krishna Sharma, D.R
Section 143(1)Section 143(3)Section 54F
section 54F. The Assessing Officer is directed to allow a sum of Rs.3,99,950/- (being one fourth share of the appellant). From the capital gain of Rs.14,43,120/- and assess the balance of Rs.10,49,170/- as capital gains, chargeable to tax.”
4. Now, the assessee has approached this Tribunal, challenging the action of the Addl./JCIT