SUSHILA BHAURAO DESHMUKH,AMRAVATI vs. PRINCIPAL COMMISSIONER OF INCOME TAX-1, NAGPUR
In the result, appeal filed by the assessee is allowed
ITA 76/NAG/2022[2017-18]Status: DisposedITAT Nagpur20 Sept 2024AY 2017-18
Bench: Shri V. Durgarao & Shrik.M. Roy, Accountant, Member
For Appellant: ShriK.P. DewaniFor Respondent: Shri Sandeep Salunke
Section 143(3)Section 263Section 263(1)Section 54BSection 54E
54B for claiming benefit of exemption is complied with.‖
13. Decision of ITAT, Pune Bench, in the case of Ramesh Narhari Jakhadi v/s ITO in ITA No.36/Pune/1990 for the assessment year 1986-87 order dated 20/02/1992
reported at [1992] 41 ITD 0368, also supports the submission of assessee in the case of assessee agricultural land is sold on 22/03/2017