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
House, Worli, Mumbai in which the assessee held undivided shares of 1.56% and 6.25% respectively along with other co-owners. The assessee had computed the Long Term Capital Loss at Rs.66,20,439/- and the said claim of loss was based on the valuation of the property by the Government approved
Valuer and relying upon the Fair Market Value