RAMESH KUMAR vs. COMMISSIONER OF INCOME TAX
The appeal is dismissed
ITA/396/2019HC Punjab & Haryana19 Feb 2020
Bench: MR. JUSTICE AJAY TEWARI,MR. JUSTICE AVNEESH JHINGAN
Section 10(38)Section 143(1)Section 143(2)Section 143(3)Section 260ASection 263
148/-
Total Income assessed:
Rs.16,80,490/-
Assessed. Issue requisite documents.”
The proceedings were initiated under Section 263 of the Act
and notice was issued on 13.12.2017. There was long term capital gain of
`10,99,599/-, claimed by the assessee as exempt under Section 10(38) of the
Act. The assessee took a stand before the Principal Commissioner
