The appeal is dismissed

Bench: P.SAM KOSHY,NARSING RAO NANDIKONDA

capital gain taken by the Assessing Officer?” 3. Insofar as the first proposed question is concerned, we find that certain properties were purchased between 08.02.2005 and 25.08.2005. The total purchase price of these properties, which were situated in village Kapashera, came to ` 1,06,58,000/-. This land was sold in its entirety to one A.B. Tower Private Limited