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Case Law Details

Case Name : Smt. Chitra Bhaskaran Vs ITO (ITAT Chennai)
Appeal Number : ITA No. 1678/Chny/2012
Date of Judgement/Order : 20/11/2019
Related Assessment Year : 2007-08
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Smt. Chitra Bhaskaran Vs ITO (ITAT Chennai)

Tax Payers should adhere to valid claims when reporting Long term Capital gain (LTCG) on sale of immovable property in their Income tax Return – A case study

1. Introduction:-

1.1 When a person sells immovable property, the transaction may res

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Author Bio

I am Punyakoti Venkatesan, a retired IRS officer who completed govt. service in 2024 as a Joint Commissioner of Income Tax. I began my career with the Income Tax Department in 1987 and held various positions throughout my tenure, including Inspector of Income Tax, Income Tax Officer, Assistant Commi View Full Profile

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