Case Law Details
Case Name : Deputy Commissioner of Income Tax Circle Vs Ramesh Madhavrao Bhujang (ITAT Mumbai)
Related Assessment Year : 2012-13
Courts :
All ITAT ITAT Mumbai
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DCIT Vs Ramesh Madhavrao Bhujang (ITAT Mumbai)
It is undisputed fact that the assessee had acquired the right in the property pursuant to allotment letter dated 10/03/2008, a copy of which has been placed on page number-111 of the paper-book. The assessee has made the full payment of Rs.83.30 Lacs by 25/06/2008. The said fact is duly supported by the bank statements as placed on record from where the payments were made by the assessee. The above stated fact demonstrates that the assessee had acquired a identifiable right in a specific property and also made the full payment thereof by 25/06/20...
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for computing capital gains on residential property,date of registration is to be taken or the date of reviving full consideration