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Section 45(3): Year of chargeability is year in which transfer takes place
Case Law Details
- Case Name
- DCIT Vs Abdulsattar Suleman (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2013-14
- Courts
- All ITAT, ITAT Mumbai
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DCIT Vs Abdulsattar Suleman (ITAT Mumbai)
Introduction: The Income Tax Appellate Tribunal (ITAT) Mumbai recently delivered a significant verdict in the case of DCIT Vs Abdulsattar Suleman, rejecting the appeal filed by the Deputy Commissioner. The case involves the assessment year 2013-14 and revolves around the taxation of capital gains related to the transfer of land to a partnership firm. This article provides a comprehensive analysis of the case, highlighting key arguments, legal provisions, and the tribunal’s ruling.
Background: The case originated from the assessme...






