SCORPIO IRON LTD,PANAJI vs. ITO, WARD - 1(4), PANAJI

In the result, both appeals of the assessee are allowed

price of the sale of industrial park alongwith Approved Valuer's Report determining the market value of the property under transfer. After calling for all these evidences and examining the entire facts brought on record, the Ld. Assessing Officer has examined the allowability of claim u/s 80 IA and in fact has made part disallowance

SHREE AMBEY FORGING PRIVAT LIMITED,PANAJI vs. ITO, WARD - (4), PANAJI

In the result, both appeals of the assessee are allowed