PRINCIPAL COMMISSIONER OF INCOME TAX-1,BHUBANESWAR vs. SEKHAR KUMAR MOHAPATRA

Bench: DR. JUSTICE B.R.SARANGI,MR. JUSTICE GOURISHANKAR SATAPATHY

Gain account showing sale proceeds to be Rs. 20.20 lacs. Investigation also revealed that attached immovable properties namely (i) 1A, 1st Floor, Sugam Hemant Apartment, 75 Bondel Road, Kolkata-700019 purchased through registered sale deed 9786 dated 31.08.2009 area 1569 Sq. Ft. total consideration amount with stamp duty and registration Rs. 42,28,764/- (ii) a car-parking space