SRI ANAND KUMAR DHANUKA ,RANCHI vs. ITO WARD-1(1), RANCHI
In the result, the assessee’s appeal is allowed
ITA 163/RAN/2018[11-12]Status: DisposedITAT Ranchi31 Jul 2020
Bench: Shri S.S. Godara, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita No.163/Ran/2018 ("नधा"रणवष" / Assessment Year:2011-12)
For Appellant: Shri Devesh Poddar, AdvocateFor Respondent: Shri Indrajit Singh, CIT DR
Section 10Section 22Section 263Section 54Section 54F
property. Therefore, all these concepts are inter-linked. The scheme and purpose of section 54F, which was inserted by the Finance Act, 1982 with effect from 01.04.1983, i.e., from the Assessment Year- 1983-84 is with a view to encourage house construction. The object, therefore, is to give all benefits under this section to the assessee on conditions as elaborated
