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2 results for “capital gains”+ Section 55Aclear

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Key Topics

Section 55A13Section 1484Section 1472

RAMESHCHANDRA RAMDHAN AGRAWAL,AKOLA vs. ITO, WARD- 1, AKOLA

In the result, appeal of the assessee is allowed

ITA 151/NAG/2017[2009-10]Status: DisposedITAT Nagpur28 Oct 2022AY 2009-10

Bench: Shri Partha Sarathi Chaudhury, Jm

For Appellant: Shri K.P. Dewani (through virtual)For Respondent: Shri G.J. Ninawe (through virtual)
Section 50ASection 55A

capital gain at Rs. 12,64,331/- as against declared value in the return at Rs. 52,258/-. In this case, there has been a reference by the ld. A.O to the D.V.O u/s 55A of the Act for determining the value of property concerned. It is the contention of the assessee that they had adopted the value which

I.T.O. WARD -2(2), NAGPUR vs. SMT. SAMYUKTA ASHWIN SABNANI NEE SAMYUKTA SHIVJIT MORYA, NAGPUR

In the result this appeal filed by the Revenue stands dismissed

ITA 38/NAG/2016[2008-09]Status: DisposedITAT Nagpur09 Jan 2017AY 2008-09

Bench: Shri Shamim Yahya & Shri Ram Lal Negi..

For Appellant: Shri Nrendra KaneFor Respondent: Shri Rajesh Loya
Section 143(1)Section 147Section 148Section 55A

55A of the I.T. Act to the DVO stating that such a reference to the DVO can be made only in a case where value of the asset as claimed by the assessee is in accordance with the estimate made by the Registered Valuer if the AO is of the opinion that the value so claimed is less than