Case Law Details
Case Name : DCIT Vs Nitin Gupta (ITAT Raipur)
Appeal Number : ITA No. 95/RPR/2023
Date of Judgement/Order : 07/09/2023
Related Assessment Year : 2015-16
Courts :
All ITAT ITAT Raipur
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DCIT Vs Nitin Gupta (ITAT Raipur)
Introduction: In a recent case before the Income Tax Appellate Tribunal (ITAT) in Raipur, the matter of DCIT vs. Nitin Gupta revolved around the assessment of property value under Section 50C of the Income Tax Act. This section deals with the computation of the full value of consideration for property transfers. The case originated from an assessment for the fiscal year 2015-16. In this article, we will delve into the details of the case and the ITAT’s ruling on the ma
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