INCOMETAX OFFICER, WARD-3(1), VISAKHAPATNAM vs. SURENDRA NATH GUBBALA, VISAKHAPATNAM
ITA 482/VIZ/2024[2020-21]Status: DisposedITAT Visakhapatnam10 Oct 2025AY 2020-21
Bench: Us:
Section 143(3)Section 144BSection 48
house property No. 22, Chairman Muthurama
Iyer Road, Madurai for a sum of Rs. 90,000 subject to incumbrance in the asst. yr. 1975-76 and for the same assessment year he sold plot Nos. 1,
3 and half of plot No. 4 for a sum of Rs. 12,600. The ITO computed the capital gains in respect
