ITO, WARD-2(2)(3), SURAT vs. MAHESHCHAND G. PATEL (HUF), SURAT
In the result, the grounds of appeal raised by the revenue are dismissed
ITA 20/SRT/2020[2008-09]Status: DisposedITAT Surat27 Sept 2023AY 2008-09
Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Physical Hearing) I.T.O., Maheshchandra G. Patel (Huf), Ward-2(2)(3), 22, Vrajbhumi, Tirumala Society, In Vs. Surat. Front Of Balaji Nagar, Piplod, Surat. Pan No. Aajhm 2315 P Appellant/ Assessee Respondent/ Revenue
Section 132Section 147Section 148Section 254(1)Section 292C
35,188/- was arrived and 1/4th of which was mentioned as Rs. 3,89,58,796/- etc, etc. The Assessing Officer noted
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ITO Vs Maheshchandra G. Patel (HUF) that the registered sale deed reflect the rate at Rs. 399/- per square yard and total sale consideration as per sale deed was Rs. 39,60,000/-. Thus, on the basis