SARLABEN DAHYABHAI PATEL,SURAT vs. INCOME TAX OFFICER, WARD - 2(2)(4), SURAT
In the result, this ground is allowed for statistical purposes
ITA 558/SRT/2023[2014-15]Status: DisposedITAT Surat04 Feb 2025AY 2014-15
Bench: Shri Pawan Singh & Shri Bijayananda Pruseth
Section 254(1)Section 50CSection 54BSection 54FSection 55A
54B of the Act by taking view that assessee had purchased new agricultural land prior to sale of agricultural land. The Ld.
CIT(A) while confirming the action of Assessing Officer further held that assessee has not established the nexus between the money received on account of sale with the purchase consideration of new agricultural land. We find that assessee
