ARUNKUMAR PURSHOTAMLAL KHANNA,PUNE vs. PRINCIPAL COMMISSIONER OF INCOME-TAX (CIRCLE), PUNE
Appeal is partly allowed in above terms
ITA 181/PUN/2021[2015-16]Status: DisposedITAT Pune06 Jul 2022AY 2015-16
Bench: Shri S. S. Godara & Shri Dr. Dipak P. Ripoteआयकर अपीऱ सं. / Ita No.181/Pun/2021 निर्धारण वर्ा / Assessment Year: 2015-16 Arunkumar Purshotamlal Vs. Pcit (Central), Pune. Khanna, Flat No.3123/3124, Clover Palisades, Nibm Road, Kondhwa, Pune- 411048. Pan : Agipk3043K Appellant Respondent
For Appellant: Shri Nikhil S. PathakFor Respondent: Shri Naveen Gupta
Section 143(3)Section 263Section 54Section 54ESection 54F
Capital Gain
:
Rs 10,86,37,509/-
Residential House Property Flat 3123
:
Rs2,75,90,100
(Being higher of two flat values)
Exemption Under Section 54F
:
Rs 2,62,26,573/-
Exemption Under Section 54EC
:
Rs 50,00,000/-
.............................
20
Taxable Gain
:
Rs 7,74,10,936/-
5.4
Preliminary Objection of the assessee against the proceedings under section
