BAHADUR SINGH vs. COMMISSIONER INCOME TAX (APPEALS) FARIDABAD AND ANOTHER
ITA/56/2020HC Punjab & Haryana10 Feb 2020
Bench: MR. JUSTICE AJAY TEWARI,MR. JUSTICE AVNEESH JHINGAN
Section 260Section 54B
2.
The case of the appellant is that he and his three brothers had
sold jointly owned land and for his 1/4th share he purchased land in the name
of his wife and claimed exemption under Section 54B of the Act. The
authorities below declined the exemption in view of judgment of this Court
in Commissioner of Income-Tax, Faridabad
