CHANDRAKANT GULABRAO BORDE,,PUNE vs. INCOME-TAX OFFICER, WARD - 13(1),, PUNE
In the result, appeal of the assessee is allowed
ITA 104/PUN/2018[2013-14]Status: DisposedITAT Pune05 Oct 2018AY 2013-14
Bench: Shri D.Karunakara Rao, Am & Shri Vikas Awasthy, Jm
For Appellant: Smt. Deepa Khare & Shri D.Y. PanditFor Respondent: Shri Sudhendu Das
Section 10Section 147Section 17Section 28Section 56
house property and gains from business or profession and capital gains is to be assessed under the head 'income from other sources'.
However, for applicability of Section 14 and thereafter Section 56, what is required is the receipt in the nature of income. In Circular No.447, it has been clearly stated "In view of this, it is clarified that such
