PRABHAKAR MANJAJI THAKRE vs. PRINCIPOAL C.I.T.-1, NAGPUR
In the result, the appeal of the assessee is dismissed
ITA 230/NAG/2016[2011-12]Status: DisposedITAT Pune01 Apr 2022AY 2011-12
Bench: Shri Inturi Rama Rao, Am & Shri Sonjoy Sarma, Jm Assessment Year : 2011-12
For Appellant: Shri M.K. KulkarniFor Respondent: Shri J.P. Chandraker
Section 142(1)Section 143(3)Section 194ASection 201Section 263Section 40Section 54E
68,380/-. However, the same was claimed as exempt u/s 54EC of the Act. In support of the claim of exemption, copy of STDR with SBI for An amount of Rs. 15,46,000/- was furnished. However, the same is not a “long term specified asset” within the meaning of sec. 54EC. The A.O allowed the claim of exemption which
