MOHAN PRASAD GUPTA,RANCHI vs. ITO WARD-2(1), RANCHI
Appeal is allowed for statistical purposes
ITA 343/RAN/2018[2014-15]Status: DisposedITAT Ranchi14 Jul 2020AY 2014-15
Bench: Shri S.S, Godara, Jm & Dr. A.L. Saini, Am Assessment Year:2014-15 बनाम Mohan Prasad Gupta Ito, Ward-2(1), Ranchi / C/O D.P. Paul(Fca), 718/1, V/S. Nabin Mitra Road, Near Samsung Plaza, Burdwan Compound, Lalpur, Ranchi- 834001. Pan No.Acbpg4107H अपीलाथ" /Appellant ""यथ" /Respondent ..
Section 143(3)Section 50CSection 50C(2)
3) of the Income Tax Act, 1961; (in short ‘the Act’).
Heard both the parties. Case file persued.
2. We notice at the outset that the sole substantive issue raised in the instant appeal is that of section 50C having been invoked by the Assessing Officer for adopting stamp valuation rate of Rs.53,96,040/- resulting in long-term capital
