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Case Law Details

Case Name : Gopal Saran Darbari Vs. Income Tax Officer (ITAT Delhi)
Related Assessment Year : 2007- 08 
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Assessee is an individual aged about 76 years. During the year under consideration, the assessee has earned long-term capital gain of Rs. 4978349 on sale of residential flat No. A-30, Mandakini Enclave, New Delhi. The appellant claimed deduction under section 54 for amount of Rs. 5227000 (Rs. 36 Lacs for amount deposited in capital gain account scheme and Rs. 1527000 for pa

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