This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
No Sec. 54 deduction on Acquisition of Perpetual Tenancy Right
Case Law Details
- Case Name
- Yogesh Sunderlal Shah Vs Assistant Commissioner of Income-tax 24(1) (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2008-09
- Courts
- All ITAT, ITAT Mumbai
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
IN THE ITAT MUMBAI BENCH ‘G’
Yogesh Sunderlal Shah
versus
Assistant Commissioner of Income-tax 24(1)
IT Appeal No. 1876 (Mum.) of 2012
[Assessment Year 2008-09]
September 21, 2012
ORDER
Rajendra Singh, Accountant Member
This appeal by the assessee is directed against the order dated 27.2.2012 of CIT(A) for the assessment year 2008-2009. The only dispute raised in this appeal is regarding allowability of exemption u/s 54 of the Act in respect of capital gain earned by the assessee from sale of house property.
2. The facts in brief are that during the assessment proceedings it was...
