UDAYKUMAR VYAS,NAGPUR vs. ITO WARD 1 (5), BSNL RTTC BUILDING
In the result, appeal of the assessee is allowed
ITA 262/NAG/2025[2013-14]Status: DisposedITAT Patna21 Apr 2026AY 2013-14
Bench: Shri Pawan Singh & Shri Khettra Mohan Royudaykumar Vyas, Ito, Ward – 1(5) Flat No. 402, Lepresting Vs Nagpur Apartment, Plot No. 105- 106, Ramdaspeth, Nagpur. Pan : Aarpv 4578 K Assessee Respondent
For Appellant: Shri Sameer Wazalwar, CAFor Respondent: Shri Pankaj Kumar, CIT DR
Section 139Section 143(2)Section 143(3)Section 148Section 250Section 50C
section 50C is not applicable. We reverse the order passed by the Ld. CIT(A) and direct the Ld. AO to delete the addition of ₹4,34,43,000/- made on account of long-term capital gain.
10. In the result, appeal of the assessee is allowed.
Order pronounced on 21.04.2026 under Rule 34 of Income
Tax (Appellate Tribunal) rules
