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ITAT Deletes Addition on Sale of Shops & Interest on Conversion Charges
Case Law Details
- Case Name
- CSJ Infrastructure Pvt. Ltd. Vs ACIT (ITAT Chandigarh)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2014-15
- Courts
- All ITAT, ITAT Chandigarh
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CSJ Infrastructure Pvt. Ltd. Vs ACIT (ITAT Chandigarh)
The Income Tax Appellate Tribunal (ITAT) Chandigarh has issued a ruling in a cross-appeal case involving CSJ Infrastructure Pvt. Ltd. and the Assistant Commissioner of Income Tax (ACIT), addressing tax disputes for the assessment years 2014-15 and 2015-16. The primary issue centered on the determination of profit from the sale of four shops and the tax treatment of interest expenses incurred on land conversion fees. The Tribunal’s decision, delivered on May 28, 2025, resolved appeals from both the company and the revenue...
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