M/S. VIPUL PARK,TAPI vs. THE DCIT,CENT.CIR.-2, SURAT
In the result, appeal of the assessee is allowed
ITA 1195/AHD/2013[2009-10]Status: DisposedITAT Surat26 Nov 2020AY 2009-10
Bench: Shri Pawan Singh, Hon'Ble & Dr.Arjun Lal Saini, Hon'Ble(Virtual Hearing) आ.अ.सं./I.T.A No.1195/Ahd/2013 "नधा"रण वष"/Assessment Year: 2009-10 M/S.Vipul Park, Vs. The Deputy Commissioner Of Andhar Wadi Road, Income Tax, Central Circle-2, Vyara, Dist. Tapi – 394 650. Surat. [Pan: Aalfm 3438 P] अपीलाथ" / Appellant ""यथ"/Respondent
Section 143(3)Section 80I
price are almost same in both the years for the similar size of plot area, the cost has been computed less than half in current year, thus showing more than ordinary profit.
Applicabilty of Section 80IA(10):
"(10) Where it appears to the Assessing Officer that owing to the close connection between the assessee carrying on the eligible business
