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Case Law Details

Case Name : ACIT Vs Gupta jee & Company (ITAT Delhi)
Related Assessment Year : 2011-12
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ACIT Vs Guptajee & Company (ITAT Delhi)

ITAT Delhi: Lal Dora Property to Be Valued as Agricultural/Residential for Section 50C – Commercial Use Does Not Alter Revenue Character; Revenue Appeal Dismissed

The Delhi Bench “F” of the ITAT dismissed the Revenue’s appeal and upheld the order of the CIT(A) in the case of Guptajee & Company for AY 2011-12, hol

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