The facts mentioned in the sale deed cannot be the ground for availing Capital gain exemption


Last updated: 02 October 2021

Court :
ITAT Chennai

Brief :
 In Shri Jayaseelan v. The Income Tax Officer, Ward 2, Tiruvannamalai, [I.T.A No.1455/Chny/2018 dated September 24, 2021], Shri Jayaseelan ("the Appellant") has filed the current appeal being aggrieved against the order dated March 5, 2018 passed by the ld. Commissioner of Income Tax (Appeals) ("the CIT(A)") for the assessment year 2014-15 wherein  the claim of the Appellant claiming benefit under section 54 of the Income Tax Act,1961 ("the IT Act") was rejected.

Citation :
I.T.A No.1455/Chny/2018 dated September 24, 2021

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Bimal Jain
Published in Income Tax
Views : 134

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