ASHOK BEHL,RANCHI vs. ITO,WARD-1(1), RANCHI
In the result, appeal filed by the assessee is allowed
ITA 78/RAN/2019[2014-15]Status: DisposedITAT Ranchi10 Sept 2020AY 2014-15
Bench: Shri S.S, Godara, Jm & Dr. A.L. Saini, Am Ashok Behl Vs. Ito, Ward-1(1), Ranchi 1St Floor, Samridhi Complex, South Office Para, Doranda, Ranchi – 834001. "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Adwpb2438E (अपीलाथ" /Appellant) .. (""थ" / Respondent)
For Appellant: Shri D. Sannigarh, ARFor Respondent: Shri A. K. Mohanti, Addl. CIT, Sr. DR
Section 143(3)
Housing loan. The ld Counsel submits that the Long Term capital asset in question arises on the transfer of the aforesaid residential flat of the assessee for Rs.66,00,000/- on 23.11.2013 and thereafter the gain on the transfer was subsequently used for buying another residential property at Nagpur, the assessee thereby taking the benefit of indexation
