BALASAHEB POPATRAO PHADOL, NASHIK,NASHIK vs. INCOME TAX OFFICER, WARD-1(2) NASHIK, NASHIK
In the result, the appeal filed by the assessee is allowed
ITA 891/PUN/2023[2012-13]Status: DisposedITAT Pune09 Apr 2025AY 2012-13
Bench: Shri Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.891/Pun/2023 िनधा"रण वष" / Assessment Year : 2012-13 Balasaheb Popatrao Phadol, Vs. Ito, Ward-1(2), Nashik. Vaishnav Niwas, Phadol Mala, At Post Ambad, Nashik- 422010. Pan : Apipp8834L Appellant Respondent Assessee By : Shri R. P. Dhaware (Virtual) Revenue By : Ms. Shilpa N. C. Date Of Hearing : 20.01.2025 Date Of Pronouncement : 09.04.2025 आदेश / Order Per Vinay Bhamore, Jm: This Appeal Filed By The Assessee Is Directed Against The Order Dated 14.06.2023 Passed By Ld. Cit(A)/Nfac For The Assessment Year 2012-13. 2. The Appellant Has Raised The Following Ground Of Appeal :- “1. The Development Agreement Was Executed In The Ay 2012-13 & Supplementary Agreement Was Executed In The Ay 2013-14. No Sale Of Flats In The Year Of Assessment Order. Only Development Agreement Was Not Transfer U/S 2(47). Commencement Certificate Was Received In The Assessment Year 2013-2014.”
For Appellant: Shri R. P. Dhaware (Virtual)For Respondent: Ms. Shilpa N. C
Section 143(2)Section 143(3)Section 148Section 2(47)
section 2(47)(v) giving rise to any capital gain in hands of assessee.
10. The above judgement of Hon’ble Bombay High Court in the case of Late Bharat Jayantilal Patel through Legal Heir Smt. Minal
Bharat Patel dated 10-02-2023 (supra) was also followed by the Hon’ble Bombay High Court in the case of Darshana Anand
