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
house is enough to qualify and claim the said exemption? ....YES”
[5.13] After examining the law in this regard the Hon’ble Bombay HC held that: -
“15. The deceased assessee admittedly sold and purchased the property from the realisation but in the name of the adopted son, who in the scheme of the Act and section
