SHRI SHRI GURVINDER SINGH SASAN, L/H OF LATE SHRI JAGDISH SINGH SASAN,NAGPUR vs. THE ITO-WARD-2(2),, NAGPUR
In the result, the appeal of the assessee is allowed
ITA 7/NAG/2014[2007-08]Status: DisposedITAT Nagpur01 Mar 2018AY 2007-08
Bench: Sh. G.D.Agrawal, Hon’Ble & Sh. Mahavir Singhsh. Gurvinder Singh Sasan, Vs Ito, L/H Of Late Sh. Jagdish Singh Sasan, Ward–2(2), C/O–Kasjmir Bar & Restaurant, 3Ed Floor, Ayakar Gaddogudam Chowk, Nagpur–440001. Bhawan, Nagpur Pan–Aeyps3694G (Appellant) (Respondent) Appellant By Sh.K.P.Dewani, Adv. Respondent By Sh. Jitesh Kumar Date Of Hearing 07.03.2018 Date Of Pronouncement 07.03.2018
Section 143(3)Section 54Section 54F
disallowing the claim of exemption u/s 54F
of the Act in respect of investment in residential house out of the sale proceeds
of the plot of land. For this, the assessee has raised the following grounds:-
2. “The learned A.O. ought to have allowed exemption u/s 54/54F in respect of investment in residential house.
3. The learned CIT(A) erred
